I see another fakeout coming with a Bart pattern
TSLA Sentiment: Bullish Reasons: 1. Falling Wedge Pattern 2. Decrease in Volume During Pattern Formation 3. Hammer Candlestick at the end of Week long Downtrend Disclaimer: this is not financial advice I am not your financial advisor. This is just my personal analysis of what I see in the charts
I personally will open entry if the price will show it according to my Analysis. Always make your analysis before a trade.
MACD showing signs of bullish divergence. Falling wedge pattern appears to be in play.
ive updated my analysis from my recent (AUDJPY) post the lines show my directional bias
SHOWING BULL DIVERGENCE ON BOTH OSCILLATORS ON 4 hr
LRC did pretty well... breaking out of a falling wedge, price followed the arrow to the detail. Cool 33% profits in the bag. Looking for another good re-entry position
Breakout of HUGE Falling Wedge Entry / SL / Target on Chart Decent RR Huge Divergence on RSI too
IF CLOSES ABOVE 19 ON DAILY CHART GO LONG QUICK TGT 20
As expected .. market falling in to fill the gap remaining ..macd and rsi will also show falling market if it falls another 20 points ... it will re-bounce after touching the 9450 level. the fib is a custom made for the market.. -> short position can be taken buy selling OTM calls for the next week ... -> buy only if nifty crosses 10330 level else short each day
Hello traders, I see the price retracing to the area where yesterday I said that it could bounce back up. If this level holds the bearish pressure GBP/USD pair will head towards the inter-range resistance. Wish you all a great day and be safe !
I was initially looking to take sells for this pair until a proper top down analysis indicated a textbook Falling Wedge formation. We will see the price break out of the resistance zone, break horizontal resistance and breakout into a buy.
GBPAUD is trading in falling wedge pattern. It is very near to breakout from that pattern. One can initiate the trade on breakout side for long term with a stop loss, as pair which is very much volatile. If You Like Idea Do Follow/Comment/Like For More Update Note - Trade With Proper Risk Management Thanks
hey gays Falling to 6400 what is your opinion?
EURCAD is trading in a falling wedge pattern and that too at a resistance level of the falling wedge. One can trade on the short side for a few pips on the downside side in EURCAD. Target will be the support line of the falling wedge. If You Like Idea Do Follow/Comment/Like For More Updates Note Trade With Proper Risk Management System