Gold against dollar pair trending on a key resistance area, this week analysis suggest that price can come down near 1830 zone, pattern formation of rising wedge also suggest the bearish movement, analysis only for education purpose
MID-TERM: Double bottom at an iceline with a breakout of a falling wedge and a double bottom on a wave of classic bullish divergence. (not financial advice)
Sell opportunity to complete Descending Wedge pattern. The target is next POC level in Demand Zone. AUDUSD – SHORT ENTRY PRICE - 0.73300 SL - 0.73600 TP - 0.72600 Please leave your comment and support me with like if you agree with my idea. If you have a different view, please also share with me your idea in the comments. Have a nice day!
So far GBPUSD is moving well today, first support/resistance level is that green line, where we will see if price is going further up or coming back down. Good luck!
Compound just regained 50MA support and looks ready to push higher towards 200MA resistance, let's not miss next dip! Then, we'll see if strong enough to break out of the big symmetrical triangle and start a massive bull-run. That DeFi / BSC governance token is a DAO lending protocol, also part of Polkadot & Avalanche Ecosystem, more info on ...
I want to remind you that on a weekly time frame NZDUSD looks very bullish: in August the price reached a key weekly demand zone and then violated a major falling wedge pattern to the upside. After a correctional movement last week, we see the retest of its broken resistance. I believe the pair will start growing soon. Goals: 0.73 0.745 ❤️Please, support...
Basic looking pattern, Waiting for a retest of support on a higher timeframe Wait before RIDING THE WAVE UP
WKHS has a float short of 37% With financials (assets/income) rising, and debt to asset falling, it is in perfect position for a short squeeze. As of today, it is down 63% YTD, and should easily be a double digit stock. WKHS is also beginning to break month long downtrends that form a falling wedge, which could trigger the squeeze. The 1 Week chart looks...
SOLUSDT after trading in Falling Wedge SOL break out and we can open a long trade after confirmed retest
The falling wedge pattern is a continuation pattern formed when price bounces between two downward sloping, converging trendlines. It is considered a bullish chart formation but can indicate both reversal and continuation patterns – depending on where it appears in the trend. looking to hit the ATH soon
The Australian dollar has weakened over the last week, with the major causes being the strengthening of the US currency and the decrease in commodity prices. The rates on Australian and US bonds showed significant differences, but it was the US bond yield that eventually strengthened the US currency and weakened the AUDUSD. Last Wednesday, the US Consumer Price...
LONG trade analysis on NZDJPY . Graph is looking bullish from breakout of Falling Wedge . Wait for retest and you can enter a trade. Price recently made Regular Bullish Divergence as well, confirming breakout . Trade idea is also shown on RSI indicator. If you liked this idea or if you have your own opinion about it, feel free to write in the comments.
Falling wedge on LTCUSD BUY: 240$ - 250$ SELL: 290$ - 350$
Hello my friends Daily TimeFrame . If you see a lot of analysts paying $ 70,000 for BTC, the reason is this rising wedge. We can price a new roof, but at the same time reach the roof of this rising wedge. the rising wedge is basically a sign of correction, unless the powerful is broken from above and expands our ascending channel. we have 2 TREND . Best...
Here's a quick Look at SOL 2 hr chart. As we can see, the price has been forming a falling wedge and we could see a break to the upside soon! Keep an eye on this falling wedge! The best entry would be, when the price breaks above falling wedge with good amount of volume . ------------------------------------------- The idea is: Buy when the price breaks above...
Bitcoin is in a ascending wedge, there can certainly be a fakeouts to playout like always. More than likely, there could be a fakeout to the downside and come backup to make new all time highs in the long term. In the short term, the 4hr chart is bottomed out which has room to go up.
this is a very quick update for the short-term. **Trade based on your own decision.**
DOGE is very bullish right now. It has formed a bullish bat pattern and an ascending broadening wedge but we can expect the pump if DOGE can break the $0.29- $0.28 resistance level. Otherwise it will continue to consolidate. Remember, market is changing very quickly and anything can happen so manage your risks. **Trade based your own decision.**