Descending wedge supported by a strong support. Wait for the trigger before placing the trade.
As seen in the chart, this is a Descending wedge pattern. It just got rejected by a yearly support, we will definitely see a strong bullish run and will certainly burst the wedge. Have any counter analysis? please do write in the comment section.
As seen in the chart, market broke out from the falling wedge and tried to climb high but got rejected by a very strong resistance(152.251). It made a nice correction and is now rebounding after touching a very strong support(150.742). I am very Bullish on this pair and I'm a bit certain that prices will climb to (153.407). Got your own idea? feel free to write...
After consolidating for so long, the trend is about to skyrocket soon. This pair which recently broke out of a Falling wedge, and is making some large correction, hereby forming a bullish rectangle. It is expected to ride to the top of the wedge which will be the long term Target. Have your own Idea? Please do well to write it in the comment section. Do follow,...
Pardon my rough chart, Hoping you will grasp something useful from this. The EurNzd has been rallying throughout this week, I decided to do a pretty nice analysis. I am kinda bearish on this pair, the chart displayed a nice Inverted Cup and Handle pattern which we all know is somewhat or most times Bearish. We can notice that the top of the handle resistance is...
We all saw the Crash of cryptos throughout this month which made a lot of people sell of their positions. The crypto market seems to be healing at this moment, I quickly analyzed this pair and it really has nice setups. Having broken out of the wedge and did a retest, we saw a powerful bounce from that support. I am a bit Bullish on this pair and will definitely...
After failing to break the resistance, We should expect a fall!! Like, comment and follow for more hidden analysis!!
The GBPUSD has displayed a large double bottom, this analysis is not confirmed until we see a break of that resistance. If that occur, then this pair will ride confidently to the "Future". I will be delighted to read your own idea. Please do leave a comment, Like and IF you are happy today, Follow me for more VIP content.
Congrats to those who entered with my Analysis I posted earlier, Missed? Follow so as to stay updated! The market did breakout and attained nice pips, it is currently consolidating and heading to the closest support zone as shown in the picture. Using the Fib retracement as a guide, it gave us the same support zone in which we will most likely see a reversal....
The price is supported by the strong line formed on the chart in June 2019. The price has already made two touches of this line and now bounced off it at the 0.910 point. Now the price is at the level and I expect it to be able to break through the 0.918 level, rise and come to the 0.930 resistance line. This will be our goal. Traders, if you like this idea or...
In all indication, prepare for a big drop in price!! Check my previous posts about TRX!!! Like, comment and follow for more!
The EURJPY has been in an uptrend since 13 Dec, 2019. As shown in the chart, the market seems to be in a very large rising wedge which is already getting squeezed. The price is almost at the monthly Trendline Resistance, I am very Bearish on this one and I am looking forward in closing the market with my outrageous stake :). Chill! Use your risk management...
After critically analyzing this pair.. I found out it is trapped in a falling wedge pattern and is also at the demand zone. It has all the chances of spiking higher to $281. Please follow, Like and comment for more.
I see a rising wedge. Not fully confirmed though but we should stay alert for either a rebound at support or a breakout. Follow me to get more massive post tomorrow
Been riding this Unstable market and it been really nice. Posted this 11hrs ago, Target reached an hour ago. Why haven't you followed me yet, we beefing? hit that follow button and don't miss my next update!
BITCOIN broke out of a bearish wedge, Might fall!!!
Hope you feeling cheerful to give this post a like, Comment and also Follow for more contents. The AUDUSD which broke out from a falling wedge and later consolidated, has started it long run once more. After studying this pair, It was evident it broke out from a pennant. We expect an upward movement towards the upside. Trade carefully.
Hope you are feeling Generous Today to give this a Like, Comment and also hit the follow button to see my next informative posts. The USDJPY have been riding in supreme since February, to be honest I love trading this pair due to it stable price movement. Lately this nice and lovely uptrend has been altered and therefore is trapped in a chart pattern called the...