PX is currently in an ascending wedge with bearish RSI divergence wait for a break of trendline and retest of support before taking a position with stoploss at last swing high and target at next area of support, moving SL to BE when safe to do so and then follow with a trailing stop looking for a bigger move down. Good luck traders.
PLUG is on a 60 minute chart ascending in a relatively parallel channel and oscillating within it. Price has cycled into the lower thick green support trendline. A falling wedge pattern is seen It is now on its second touch of the support. PLUG has gained 75% in three weeks. As a green energy small cap, it is sharing an uptrend with FCEL, QS and others. ...
✅TESLA was going up in A bearish wedge pattern But after the stock retested The horizontal resistance Of 208$ it broke out of the Bearish wedge pattern and The breakout is confirmed So we are bearish biased Now and we will be expecting A further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
RAYUSDT is trading in falling wedge pattern. The price was reacting well the support and resistance of wedge. Currently the price has given the massive breakout from falling wedge and after successful retest of the level will be bullish signal and seems like the price may go for another leg higher. If the breakout sustain to upside the optimum target could be...
The Misleading Rising Wedge on Ethereum Over the past few weeks a prominent trader who I admire has been adamant about Ethereum forming Rising Wedge, which is a bearish reversal pattern. I disagreed with this view but acknowledged the concern raised as any reasonable trader would. However, It caused me a bit discomfort as I have a large position in Ethereum...
This is for learning purposes. As you can see PDD formed a triangle. After downward breakdown, it tried to retest the same level it broke from and got rejected. That rejection could have been a great puts play.
Following a brief pause, the previous upward trend is poised to resume. A Continuation Wedge (Bullish) represents a temporary interruption to an uptrend, taking the shape of two converging trendlines both slanted downward against the trend. During this time the bears attempt to win over the bulls, but in the end the bulls triumph as the break above the upper...
ZILUSDT is trading in falling wedge pattern. The price was reacting well the support and resistance of wedge. Currently the price is about to give breakout from falling wedge and after successful retest of the level will be bullish signal and seems like the price may go for another leg higher. If the breakout sustain to upside the optimum target could be...
i don't trade DXY I only use it to confirm a trade, this was what you call al sniper move... CLEAR ON POINT PRECISION
LCID got news that its rich uncle the Saudi Arabia Wealth Fund will be assisting in the manufacturing of large body parts moving forward (perhaps on the methodology of TSLA to just massive molds to efficiently do so and at a far lower cost). Shares pumped today on the news. Is it sustainable? Is there still time to buy a piece of the move? On the 120-minute...
GPOR has broken out to the downside of an ascending wedge with the trendline going back to the start of February with bearish RSI divergence. Entry on break or retest of support. Stoploss at last swing high and will be moving SL to BE when safe to do so. Happy trading.
US30 has broken out to the downside of an ascending wedge with the trendline going back to the start of November with bearish RSI divergence. Entry on break of support and target at next resistance level @ 36300, I will also keep an eye out for a fib retrace level @ 34200. Happy trading.
S32 is currently in a descending wedge with bullish RSI divergence. Look for a breakout and retest of upper trendline or support zone for entry, stoploss at last swing low and will be moving SL to BE when safe to do so.
LULU has broken out of a wedge after hitting ATH and then consolidating all of January. Bounce perfectly off the 50 EMA on the daily. Active trade now. Targets $500, $515
Is PENDLEUSDT exhausting at highs? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence on lower time frame suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 1.600 followed by 1.200 What you guys think of it
CVNA has broken out of a wedge on the daily chart after carving out a nice bottom. 40% short makes this a very appealing squeeze candidate. Let's see how it closes!
AFRM is getting tighter and tighter as it retraces back toward the 50 EMA. A red to green entry tomorrow would be perfect, and could see us retest the high of $52.
STNE perfectly filled the gap from December 13th and bounced. Now a break above the January 3 high of $17.38 should send this back to new highs. Targets $18 $19