#EWT This beautiful falling wedge or #bullflag has all the mechanics of a #Wyckoff Accumulation Schematic built into it, which can be seen by #volume tells in all the right places. After The low was breached note the negligible #volume, then observe the volume on the first solid bullish candle to break through the #wedge. What we want to see after is the...
Stellar Move Incoming! Look For a Wedge Breakout ot start this move. and An Invere Shoulder Head Shoulder patter could extend back to the summer high.
Factors Potentially Supporting GBP/CHF: Hawkish BoE Expectations: Markets are anticipating a more hawkish tone from the Bank of England (BoE) in its upcoming meeting on February 2nd, 2024. This could offer some support to the GBP against the CHF. Technical Bounce: Like AUD/JPY, GBP/CHF may be due for a short-term correction after its recent decline. This could...
Overview: JD (JD.com Inc.) appears to be forming a compelling technical pattern that suggests a potential reversal. The stock has developed a 2-day double bottom pattern, coinciding with a falling wedge setup, all occurring within the confines of a major descending broadening formation. Traders and investors should closely monitor these key technical levels for...
Today, let's explore the exciting developments on the CRO chart, where a recent breakout from a falling wedge pattern has set the stage for potential upward momentum. The coin is now consolidating beneath a critical resistance level, teasing the possibility of a decisive breakthrough. Here's a closer look at the current scenario and what to anticipate next....
Hello Traders ! Yesterday, The EURCAD Price Reached a 0.5 Fibonacci Retracement Level. Currently, The Price Formed a Falling Wedge Pattern. So Let's Expect The Bullish Scenario: If The Market Breaks The Resistance Line and Closes Above That, We Will See a huge Bullish Move... TARGET: 1.49050🎯
GBPUSD was trading in falling wedge. The price was reacting well the support and resistance of wedge and now has given the very healthy breakout .. Currently the price has given the breakout of falling wedge and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher. If the breakout...
AG is currently in a descending wedge with bullish RSI divergence. Wait for a break of upper trendline for entry, stoploss below last swing low. Will be moving SL to BE when safe to do so.
As can be seen in the chart, there is a falling wedge pattern in the chart, which is a naturally a reversal chart pattern and is regarded as an intrinsically bullish formation. This chart pattern is occurring at the important Fibonacci level of 38.2%, and the fact that we have bullish divergence between price and the stochastic oscillator in 4-hour timeframe adds...
$VELO will Reach to Find Footing ANew Heights! $VELO to $0.003888 GoGo $VELO #VELOCITY
ITR is currently in a descending wedge with bullish RSI divergence. Wait for a break of upper trendline for entry, stoploss below last swing low and will be moving SL to BE when safe to do so.
Bullish momentum based on Elliot wave theory and descending wedge breakout. Idea open to public scrutiny.
NZD/JPY - M30 Chart - Wedge Pattern Formation NZD/JPY - Price Breaks the pattern now, its Good chance to sell Now thank you
DXY was trading in falling wedge. The price was reacting well the support and resistance of wedge and now has given the very healthy breakout .. Currently the price has given the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher. If the breakout sustain to...
FPH has broken out of a descending wedge with bullish RSI divergence and has now had a retest at support and bounce. Enter a position, stoploss at last swing low with target of $22.69 or when starting to look weak and will be moving SL to BE when safe to do so.
GBP/USD - M30 Chart - Rising wedge Pattern price breaks the wedge pattern now, its good chance to sell now thank you
Attention, crypto enthusiasts! We're closely monitoring BELUSDT.P on Binance, and it's showing all the right signals for an imminent pump. The coin seems to be gathering momentum, poised for a significant upward trajectory. A critical observation is the recent breakout from a triangular pattern, a classic bullish indicator. This development heightens the...
December 2021 marked a challenging period for Uniswap (UNI) as it navigated through a bearish flag pattern, experiencing a significant drop. Fast forward to the present, and UNI is staging a potential comeback. The charts reveal a pattern shift, transitioning from bearish flags to the formation of a much larger bullish structure—a falling wedge. Let's delve into...