3rd touch just happened. Hopefully we get our 4th touch and break through from there moving up. The wedge will complete in December, depending on how soon it touches a 4th time and moves higher will tell me how strong the upward trend is. If we do not get a 4th touch, more down.
If BTC breaks out to the upside, my target will be at around 64K. The first resistance will be at around 62.4K and I expect the next resistance somewhere in the red zone to be. It looks like it bumped nicely off the 0.618 fib level. So I’d say, LFG! If it breaks down
The market shows that FET has just completed a wedge-shaped breakthrough and is stepping back to confirm support. Well, it will continue to rise afterwards. The recent target is 1.15.
In the 4hr timeframe , as you can see price is forming an inverse head n shoulder , it means price is in the reversal , so what do we look for here is a long position , price also failed to make a lower low in the market , it has a price rejection at the 61.80% fibonacci as it also lines up with the major support , and if we zoom in the smaller time frame , price...
Hello,Traders! EUR-JPY has formed a bullish wedge While trading in an uptrend Which makes us bullish on the pair And IF there is a breakout To the upside, bullish continuation will follow With the target being the wedge high Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Is this an rising wedge target. Rsi and slma looking to roll over. Lets see..
Downtrend Wedge Breakout Breakaway Gap Gap above SMA50 WR buy signal OBV>OBV34 Entry 24 Stop 20 Target 40 Risk management is much more important than a good entry point. The max Risk of each plan should be less than 1% of an account. I am not a PRO trader. I trade option to test my trading plan with small cost. I created some tradingview scripts to improve...
Downtrend Wedge Breakout WR Crossed -80 OBV>OBV34 Entry 29 Stop 20 Target 65 Risk management is much more important than a good entry point. The max Risk of each plan should be less than 1% of an account. I am not a PRO trader. I trade option to test my trading plan with small cost. I created some tradingview scripts to improve my trading skill: OBV and...
Riot and Marathon Patent uses to trade neck and neck, shorts got in control and it is not half the Market Cap of MARA. Both Miners reported numbers today and RIOTS were actually better than MARA's. MARA and RIOT rallied 15% yesterday and the shorts thought they got lucky with the bitcoin flash crash on Fed Release that sent the stocks down 5%, but it quickly...
SHORT trade analysis on GBPAUD . Graph is looking bearish from upper trendline of Falling Wedge and strong resistance zone . Price recently made Hidden Bearish Divergence as well, confirming another fall . Bearish Engulfing Candle may indicate sell on chart too. Trade idea is also shown on RSI indicator. You can also check analysis from last week...
BTC respected the falling wedge so far by breaking above the pattern and holding as support, BTC has also held $60,300 as support multiple times. The redline represents the break above and the continuation to ATH and $70,000+, this line has been respected and held as 2nd support along with $60,000. BTC.D is always going to be in a downtrend because retail are...
Here we see a descending triangle forming on the 15min chart after reaching ATH @ 1224
After the huge spike in April 2021, which sent VITEBTC out of the falling wedge, it bounced off of the previous dynamic resistance (which acts now as support) and seems to be in a consolidation phase prior to the next big move. On the weekly, the MACD cooled off and seems ready for another upward movement. The RSI (12 and 24) is below 50, which is not good at the...
As I earlier predicted, GBPCAD dropped to a key level. Now being quite oversold the pair may retrace. Bullish breakout of a falling wedge pattern indicates a local strength of buyers. I expect a growth to 1.696 / 1.70 ❤️Please, support this idea with like and comment!❤️
Pretty much same position as my EURUSD idea. Drawed a little bit different chart, so it's easier to see what I'm seeing. Friday GOLD break out of this rising wedge, now price is testing bottom of it which is at the same level as Fib level 0,382. I expect Gold to fall down atleast to fib 1,272 level. Good luck.
US Dollar versus the South African Rand respects key levels. This Pair moves in trend lines and patterns such as the wedges. ZAR, among African currencies, is one of the most valuable currency, issued by the South African Government. The Pair follows Market structure and it is suitable for all class of trader in the Forex Market.
Since 2008 according to provided data, USDZAR have been in a rising wedge. Currently it is at a Head $ Shoulder zone, which means, the probabilit of the Bears taking dominion of few weeks as given.
NAS is supported by the 2 hour 8 EMA. SPx is backtesting it's 2 hour 8 EMA Bear. Russell in bullflag.