Anybody else feel like we might get a rally post earnings? Broke out of falling wedge and now has a Bull pennant forming
Hello,Traders! USD-JPY broke out of the narrowing wedge After failing to breakout the weekly resitance Now, I am beairsh on the pair And I expecing the price to fall Towards the target that you can see on the chart Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
I did a deep dive on GRT to figure out if we are in a possible next leg up. GRT was in a symmetrical triangle on this chart but inside that triangle it was in a falling wedge pattern until it broke out recently. GRT is above the ichimoku clouds and over the 21 ema on the daily now. I noted a few resistance areas along with showing a fractal from the prior...
✅NZD_CHF is trading in an opening wedge And while I somewhat expecting a bullish breakout mid-term Now, that the pair is retesting the falling resitance And with the bearish reaction already present A local move down will most likely happen SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Healthcare has been getting slapped as of late but there are some fine investment opportunities. Galapagos is one I have been keeping an eye on. It has formed a broadening wedge on the long term and holding nicely on the support line. Fisher on the monthly frame has crossed up and MACD is showing signs of levelling off. LTF, day especially is showing signs of a...
GBPCHF having respected a daily demand zone is currently going on a long, there are other demand zones below, which will take the Bulls will ride on sooner.
GBPCHF after breaking out of the Weekly falling wedge, the Bulls finds it hard to push price higher, price hitting the former resistance as support keeps reacting at the Weekly chart. There is probability that the Bulls takes control.
After a significant drop, GBPJPY started a correction phase in a form of a wedge pattern. As you see in the 15min chart, the wedge has been broken out to the upside and currently, price is approaching to the resistance zone which is between 153.65 - 153.78 and has been rejected by this zone and is pulling back to the yellow support level. I would prefer to wait...
Here we can see clearly the next moves for US30, we’re posting this post on 15min time frame for clear view of our analysis but we can’t anticipate how long or when it’s going to move in our direction. Keep a close eye on US30. We’ve got our Entry Point (white line) & TP1&2 (golden lines). Happy PIP hunting traders.
NC broke the long Term Rising Wedge and the Bullish Flag Formation inside the wedge to the Downside - Short - Feedback Welcome
DISCLAIMER ON, this is my personal trading plan, audjpy break from falling wedge pattern, trading strategy buy stop : 84.200 - SL: 83.745 - TP 84.970
- SHIBA INU - SHIB - Rank #11 - Token. - On the chart we can spot a huge rising wedge on the LOG scale. - Also the chart is printing a bull flag / bullish pennant! - Crypto market usually ends with a double top / double bottom, so there is still a space to go. - I would not buy Shiba inu, it's just a technical analysis. - For expected duration of the trade,...
SLP Targets 1/2 met and this is a lovely chart for accumulating. Target 1 was $0.098 HIT Target 2 was a wick to 0.14 HIT SLP still has 3 more short term targets shown on the chart. Long term target is Weekly TF Cup and Handle $0.80 Red lines are Major Support Blue lines are Major Resistance White lines are Targets, Trendlines, Patterns Yellow lines are Elliot...
we about to sell this current market as its confirming the buyers are not active in this current down Trend
Just as the chart shows. Bearish for a while. Not financial advise
It could be noticed that we are near to the end of the 5th wave of the larger 3rd wave as it is clearly clarified by the chart. In this regard, a 38% correction would be inevitable. The PRZ for the end of current wave 5 is around 54K to 54.8K. Were the impulse wave ends around the above-mentioned zone, the following correction (wave 4) would be extended to 44.4K....
Oil is right now stuck in a rising wedge. This wedge extends to its vertex at point 94.52 at around its rough date of December 12th. This where vertex converge on schematic drawing. I always to confirm my drawings which be subjective in nature with quantitative analyzing. For most wedge pattern this subjective can be confirm with more objective by using area of...
hello traders: BTC briefly broke the ATH around mid October, but quickly move down and form into a consolidations. This is expected as market tends to tag out impatient FOMO traders before resuming the impulse phase. From a technical point, we can see from my previous outlook, price indeed impulse up from the bottom after forming a reversal correction. It...