During this year's BTC rally, wedges has been an excellent indicator for the direction that it will be heading. In all of the wedges I have highlighted, we see BTC running about two-thirds the wedge's length before breaking out. Rising wedge is followed by a bearish breakout, while falling wedge is followed by a bullish breakout. I expect this pattern to continue...
✅USD_JPY is trading in an opening wedge And after the pair retested the falling resistance A bearish reaction followed, so I think That the local correction will continue Further, and the price will fall onto the target SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
White lines Bullish megaphone. Yellow lines Bullflag. That bullish megaphone usually has a retest before going higher. Oracle has been red now 8 straight days (52week high). but all of this was a consolidation now for an even bigger breakout which I expect to see next week. I think this breakout will finally carry us to 100 PT and a new ATH. There was a lot of...
~After the amazing impulsive move to an ATH we came back to the 61 fib line which is a great pullback and a healthy one. ~we are in a wedge rn and are looking at a breakout next week ~~Bull flag highlighted in white looking hella fine, hinting at a breakout happening for the bulls ~Red zone is SL ~Green zone is take Profit max ~white zones in between will be key...
Hello,Traders! EUR-AUD was trading in a rising wedge But now we are seeing a bearish breakout Which means that after the retest The pair will most likely go down Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Bought cheap options when everyone was scared. Calls that exp 11/26 some at $60 and some at $64. currently up 300% GM will break out of this channel eventually Risk what you can afford to lose, trading has considerable risks.
Finding Resistance at the Fib Ruler .5, Scouting a reversal via the falling wedge over the next week.
Nothing to say, be patient guys! Altseason is not finished yet! NFA!
Bullish daily line chart above / Potentially bearish 4H line chart below if conditions not met soon: Bullish: In the bullish light, we've broken out of our daily falling wedge and moved relatively sideways since. There is now an HSi on the chart that has broken above its neckline, dipped back below unsuccessfully, and is now back above. That pattern...
After the strong impulse started in may eurusd has been in consolidation for a while, now its slowly going back to 1.15 /1.14 which is a strong support zone, and its doing that with a falling wedge. there is two ways to enter this, you can look for bullish signs inside the support zone to spot an early entry for more reward but also more risk, or you can wait...
Price action analysis on EURUSD. Key levels & safe trading points. Directional bias & thoughts. ❤️Please, support this video with like and comment!❤️
JASMY is about to continue its amazing run with a bullish break of this falling wedge.
#CELRUSDT $CELR broke out from falling wedge pattern and now try to confirm broken resistance as support. there is a long term support zone between $0.104 and $0.086 that if price hold this zone and break out from resistance zone around $0.15567, we will see #CELR to touch $0.26 and $0.29.
I am checking FB, H4 chart: - In the last time the Falling Wedge price pattern detected, price raised from 321 to 341. - The recent price pattern detected is Rising Wedge, 2 days ago. Price started to FALL from 335 and now moving around Support level at 324. - The next Support level is 309. Will it break the current Support level to FALL to 309? In this idea, I...
Price was in consolidation and formed a rising wedge. The trendline has been broken as expected to the downside and retested, I expect gold to drop post the FOMC meeting hard tonight. 1750 might act as support but the wedge target is 1725 where there has been lots of buying pressure so it must be the last TP area.
Here we can see an ascending wedge and a head and shoulders pattern. At this moment we can also see that the price action is currently retesting the parallel channel and wedge. All options in this charts are still valid while it still can go both ways. If the parallel channel gets broken, close above and an impulsive move up, off course retrace lvls. are...
I stumbled across the Hammerson PLC chart this morning. After some doodling around a bit, I'm pretty convinced there is "Falling Wedge Pattern" that has emerged. I would be lying if I'd said I have done any fundamental research on HMN, other than having a look at some of their latest SENS articles (to make sure there are no gremlins lurking). I did however...
#BTCUSDT $BTC broke out from rising wedge and pullback to confirm the broken resistance as support. also price is still above major support zone. if price hold this support zone and success to break out from resistance zone it will probably head up to touch $75k and if price break down from support zone, the nest support is around $62400, and possible to drop more...