The TTF FM is trapped in a sideway movement. After a cone and SKS formation which was resolved bearish with the slump to 43,2 we now see a completed but still not active DBW. The ideal upper target (box) is 51, the statistical target is the equal to the important top at 49.5 The bearish breakout would be at 43,2 and would imply the gap close at 37. Typically DBW...
Nike is close to an important level which will determine if a bottom formation is completed or a further slump will occur. Currently a DBW formation is build after almost perfect a Dopple Top Formation has been finished. Currently we are close to the 4 level, the current local low. The RSI is close to oversell, which support the turn around idea, which may result...
TBIG . D1. Descending broadening wedge pattern. Opening at last candle = closing at previous candle. SL 2200 TP1 2460 TP2 2650 IDX:TBIG
SIDO. D1. Descending broadening wedge pattern. TP1 785 TP2 860 SL 695 Entry can be done at the last closing price or we can wait until the next swing low after retracement.
Descending Broadening Wedge, possibility appears on the GBPUSD H4 Timeframe. This pattern may show the price goes into a bullish move after this pattern is completed. The target that is expected to be achieved is the same as the length The DBW pattern itself and also there is resistance levels are also adjacent to the target of the DBW pattern. Note : The market...
SCMA membuat pola DBW dan akan melanjutkan rally dalam waktu dekat.
This is AUDUSD Bullish Idea.. feel free to comment
On the chart, we see two very strong patterns: Three Peaks and Domed House /bearish/ and Descending Broadening Wedge /bullish/. One of them is lying. en.wikipedia.org thepatternsite.com thepatternsite.com