With this wedge forming with TSM and this trendline as support I think this could be a monster trade. I'm targeting 135 for Wave 3, 115 for Wave 4, and then around 160 for Wave 5. Some people think this could fill the gap but I don't think so. If you look at TSM and Tesla they look very similar and Tesla didn't fill the gap and stopped halfway just like TSM will...
📈 #COMBOUSDT is currently showing an intriguing Falling Wedge pattern on the chart, hinting at a potential bullish reversal! 🚀 📉 The price has been forming lower highs and lower lows, shaping the falling wedge pattern. This suggests a period of consolidation and diminishing selling pressure. 🧩 Falling wedges often lead to upward breakouts, indicating a potential...
NIFTY/SPX chart has hit the upper trendline of ASCENDING WEDGE this week. it had hit the upper trendline 2 TIMES and the lower trendline 3 TIMES till now and has reversed every time since 2020 we can clearly see that whenever the price has reversed from the LOWER TRENDLINE , NIFTY has started performing better than S&P500 and whenever price has reversed...
Dogeusdt forming a rising wedge pattern (short timeframe) ,which is considere as a bearish pattern, breakdown of pattern can lead to downward movement in doge. . . . .DYOR
EURCHF has formed a falling wedge pattern with strong bullish divergence. As the price has already shown the good bullish reaction from this level. Will the price continue to grow higher ?
Bull cycles usually start with heavy weight stocks (especially those in technology and discretionary) taking the lead, with small-caps usually joining the party at a later stage and when this happens, the bull run will be a lot more obvious by then. The IWM (tracking 2000 small-cap stocks) had been stuck in a wide-ranging wedge since hitting a low in June 2022...
Hey traders! I've identified a potential wedge setup on NYSE:APE that could present an exciting trading opportunity. Let's dive into the details! 📌 Ticker: NYSE:APE 📌 Wedge Pattern: Identified 📌 Timeframe: 2 day RSI - Wedge Identified 📊 Chart Analysis: The price action on NYSE:APE has formed a wedge pattern, characterized by converging trendlines. This...
Hey traders! Today, I want to share an exciting chart pattern I've identified on MIL:DOT (Polkadot). Let's explore the descending broadening wedge and its implications for potential price action. 📊💡 Pattern: Descending Broadening Wedge 📉🔽 Symbol: MIL:DOT 💰 Overview: A descending broadening wedge is a distinct chart pattern characterized by expanding price...
This stock is travelling within the Wedge, now its time to reach higher end of the Wedge, once it breaks out of wedge then open blue sky
Spirit Airlines Showing a massive trendline from $40 range. Take profits as we break the wedge up to the $33 area and maybe even back up to $40 -- Long Term Swing Trade setup here Enjoy!
NASDAQ:PLUG Wedging since 2021!!! TPs at each fib level but ultimately swing to ~$48 Push Play Enjoy -- This is charted not in LOG scale
Hey Traders! Today, I want to share an exciting technical analysis discovery I made on the stock of Upwork Inc. ( NASDAQ:UPWK ). It seems that a bullish falling wedge pattern is forming, indicating a potential reversal in the near future. Let's dive into the details! 📈 Ticker: NASDAQ:UPWK 📅 Timeframe: Daily Chart 📊 Pattern: Falling Wedge 📉 What is a Falling...
NYSE:NKE is ready to rebound (20%), if you want to add to your portafolio, this is the time! ok NYSE:NKE , just do it!
HBAR made two major wedge patterns that hit pattern targets with incredible accuracy. First - a bullish wedge exit that led to a 3x measured move up and a final wick up that ultimately stopped approx. halfway between 3.5x and 4x. Second - a bearish wedge exit that has so far reached a 2x measured move down from where it exited. Let's see if it makes a 3rd...
Hello & Welcome to this analysis It is now approaching a bearish Harmonic ABCD and it that process also forming a rising wedge suggesting some profit taking might come in. In the short term stock has support at 175-165 and below that near 150 where medium to long term investors would come in. It has resistance around 184-187, if it manages to breach above it...
Wedge formed, looking for some retest of previous levels. Especially if overall market strength continues to go as it has currently been going. If it breaks down, I don't see CAT going much lower.
Hi, I can see a wedge in the Oil 4H time frame. The entry level is between 74.20-74.8. You can set your stop loss at 75.1 and your target for this pattern should be at 71, 70.1 and 69. It's better to wait and watch for price consolidation at the entry point before entering the trade.
NASDAQ:AMD creating a wedge on the one hour time frame. This indicates that NASDAQ:AMD is going to have a small pull back. When it hits the bottom of the wedge, then that may be another great entry point to enter. From the bottom of the wedge, if it doesn't break out downwards, then it may be the last element needed to push up to the 2 price targets.