First Target 0.94178 Second Target 0.93370 3.18R Trade Setup for AUDCAD
My previous wedge is still valid. Had a $80 fall and rise at the wedge closing. But overall, we are in a bigger wedge. We'll be going sideways for another day. Analysis is still that we're going down to 3200's, we might get a possible retrace to the last support around 3600, then crash down. Go get some sleep.
Updated analysis on current wedge. I had to broaden the wedge from yesterday. I believe we are looking at a crash to retest 3200's lows. We might get a possible bump up to retest previous resistance before downfall continues.
The Wedge Master is at it again. It seems, we're in another wedge, around 4am-12pm PST we will have huge movement again. With crypto, it is hard to predict which way wedges will break out. So my technique has been to buy as the wedge closes in and set a tight stop loss about 1-2% under the line of my wedge. Here I am anticipating more down to retest our...
View the Wedge Breakout. Wedge Breakouts allow a Trader to use a "small" stop loss. Due to its shape, wedge technical patterns offer high RMultiples.
LOOK FOR SHORT OPPORTUNITY AT 1.13584 FOR EURCHF.
It is possible that bitcoin has found a bottom and is primed for a relief rally. - Bullish RSI divergence on the 4 hour chart - Bullish wedge has formed as long as the lower boundary holds - BTCUSD has wicked down to and bounced off of $4050 twice
Waited for break and close of candle. Entered after retest of the line. ---- Trade Journal Notes.
Expecting Wedge Break For NZDUSD on the H4 Chart.
Anticipating USDJPY To Close Below The Trend Line Between November 30th - December 11th 2018. I am anticipating a "significant" close below the trend line by November 30, 2018. Not a false break that we experienced back in late October 2018. Note that Price reverted back to the MEAN. That was not the case a couple of days ago. --- Trade Journal Notes 2018/11/21
Ominous portents. Broadening top in September led to the microcrash in October and US Equities have been struggling since. November usually one of the best months for stocks, has only been a down month in 3 years of past 20; those were in Bear Markets... Some very fine textbook chart formations appearing over past few months. The Zig-Zag Correction has led to...
Great Fundamentals. Great Chart. Keeping a tight eye on this one.
BTC chart within the downward wedge has been making a bullish 3 drives pattern, but I will say it also made one with the last hump I will put link below. So it seems to be moving within this Wedge pattern since January the fibs line up about 68% extension on the tops and 1.2 on the bottoms its textbook now we just need it to hit the bottom of the wedge at $5500...