Falling Wedge: As Ive mentioned, a falling wedge can be a bullish continuation or reversal pattern. It forms when price action creates a descending channel with converging trendlines, suggesting decreasing selling pressure and potential for an upward breakout. On the daily chart, the consolidation period between January 12th and February 3rd could be interpreted...
As we can see that XAUUSD is respecting a trendline and when it touches the trendline it falls to the downside till the marked support zone and currently it is also forming a rising wedge pattern. Breakout of the rising wedge pattern will result result in a good selling opportunity. Target - 2026.295
Bonk Inu finally regained 100EMA support, time for next bullish wave seems to have come! ⚡️⚡️ #1000BONK/USDT ⚡️⚡️ Exchanges: Binance Futures Signal Type: Regular (Long) Leverage: Isolated (2.0X) Amount: 5.4% Current Price: 0.013145 Entry Targets: 1) 0.012470 Take-Profit Targets: 1) 0.021189 Stop Targets: 1) 0.008976 Published By: @Zblaba $BONK ...
Hi. BINANCE:RENUSDT ✅Today, I want to analyze REN for you in a Weekly time frame so that we can have a MID-term view of REN regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). REN has broken out of a falling wedge pattern on the 1-week timeframe Price appears poised for significant...
Sell EURCHF after the reversal of AB=CD Pattern and the breakout of Rising Wedge. We'll sell at 0.9537 with Stop loss as 0.95374 and TP1 and TP2 accordingly. I'll take 0.5% risk of my portfolio.
Waves Protocol just printed a morning star on weekly, downtrend seems over and priority is upwards now, targeting 50MA resistance. PSX:WAVES #WAVESBTC #WavesProtocol #DApp ⚡️⚡️ #WAVES/BTC ⚡️⚡️ Exchanges: Binance Signal Type: Regular (Long) Amount: 3.1% Current Price: 0.0000721 Entry Targets: 1) 0.0000631 Take-Profit Targets: 1) 0.0001234 Stop Targets: 1)...
Small cap value had broken out of the two and a half year consolidation with strength and aims to grasp for new all-time-highs as QQQ/SPY and mag 7 overheat. I always try to hold about 10% of my long-term portfolio in AVUV, I do not rebalance but I add as needed over time. -91$ plus is in the cards, AVUV also provides a decent dividend to boot -Small cap value...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 USDCAD has been overall bullish, trading within the rising wedge in blue. Currently, USDCAD is rejecting the upper bound of the wedge pattern acting as a non-horizontal resistance. Moreover, it is retesting a strong supply zone at 1.36 marked in red. 🏹 Thus, the...
Am seeing a lot of “Short” ideas. A number of messages asking, “is it a good short now?”. 1) Never never short into momentum. 2) Never short against the trend. Higher lows higher highs are printing. 3) Support and resistance. Which is it? Price action has recently printed a significant support on past resistance. Let’s have a look… A) On the above 10-day...
Arweave is coming into a minor resistance level But it is a good example of a falling where the price action gets cornered into the end of the wedge before breaking out to the upside I expect we could see #Arweave surpass the 0.618 Fibonnaci after a pause and go on to hit 50% retracement. As per a measured move taking the top of the wedge distance to the breakoutpoint.
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Recently price entered to falling channel, where it declined to support line, breaking $2020 support level. But soon, price turned around and rose to resistance line of channel, breaking this level again, which coincided with support area. Next, price grew higher...
Hi folks today I'm prepared for you British Pound analytics. A not long time ago price declined to the 0.8520 support level, which coincided with the support zone, and at once rebounded and started to move up. But later, GBP turned around and made an impulse down to the trend line, thereby breaking the 0.8520 level. After this movement, the price entered to wedge,...
Hi. COINEX:DOGEUSDT As you can see, DOGE was in the falling wedge, the price was able to break the wedge, now the price is in the PRZ zone, which has the potential to grow. ➡️ Note if the PRZ is broken downwards with the strength of Bearish candles or , this analysis of ours will be failed. Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _...
NSE:RELIANCE has broken down from rising wedge (bearish) in hourly chart convincingly. We should see weakness in the stock for few days and given it's weight in NSE:NIFTY , that also can remain subdued. 2800/2850 should be the target zone on the downside for this and those level should offer support. On the flip side, 20 day MA is around 2925 which might stop...
I have put some absolute and average targets on my chart which are quite interesting given the lack of historical data at the upcoming price discovery! NB The "Ascending Broadening Wedge" and " Descending falling wedge" targets have been met where the flag lies in the $52/50K region.
We have a beautiful wedges pattern on the Weekly and daily. We are 130% from a time high where BTC is at 20% from ATH and ETH is at 50% from ATH. So I expect SOL to catch up. We have 2 resistance on our way to the all-time high
just recently posted about the logarithmic wedge which is also a bullish pennant and how it will take us much higher, but also wanted to post a chart with an update of the other wedge we also broke up from back at the beginning of 2023 (shown here in pink). It has now been a little over a year since the breakout of this monthly time frame pattern and like...
Self explanatory LONG setup with stop loss near pivot low manage trade heading into premarket TP#1 just before pivot high, adjust stop loss after 1st target hits (or trail stop)