Wedge formation. Trade the breakout on the upper or lower line. I'm leaning more bearish, 1960 for a short sell. first TP at 1930. 2nd at 1900.
TVC:DXY INDEX:DXY TVC:DXY ⚡These two scenarios are expected to occur in the dollar index. A break or resistance of the 102.598 level is very important to determine the continuation of the trend. Please share ideas and leave a comment, let me know what's your idea. CrazyS✌
DOTUSDT is breaking trend here just broke rising wedge, there is also diversion on RSI index this might be the sign of bearish trend now own ward
Price action has been moving within a falling wedge structure which as we know is a reversal structure in nature. We may get another leg down to a double bottom area before price climbs up as we can see a corrective movement after a strong impulse this past week. I will wait to see if price is able to retest the upper boundary of the wedge structure to give a...
Amazon is still in downtrend, but support can be near, as it can be finishing a potential ending diagonal (wedge) pattern within wave (C) of an (A)-(B)-(C) correction from the highs. We are tracking final stages of wave 5 of (C) that can ideally stop somewhere in the 80 - 70 area. Any earlier rally back to 130 level might be signal that bulls are already back in the game.
Hello dear friends Due to the negative divergence of the RSI in the daily time frame, the possibility of completing the bullish wedge pattern at the end of the uptrend has been strengthened. 🔍 If the range of $719 is completely consumed, the possibility of reaction to the range of $806 will be strengthened and we can expect the continuation of the downward...
NZDUSD has failed to push any lower as price was moving correctively In a falling wedge structure which we know in nature is considered a reversal pattern. Price created a double bottom and impulsively broke upwards creating a bullish continuation. Looking for more growth as DXY shows weakness. Thanks Trade Safe
Price action has been shaping up for another push upwards as we see price was moving correctively In a falling wedge structure which we know is a reversal structure in nature. Price made a double double which impulsively broke upward forming a continuation correction which we should see further growth on NZD. Find a entry that meets your trading...
Descending wedge pattern on GOOG 4H chart w/ MACD beginning upward roll, RSI in mid 30s with positive angle. Looking for short term break up and end-of-week put credit score NASDAQ:GOOG
OANDA:EURUSD HI , TRADER'S ... Our previous forecast reached Target Now market is trading in Falling wedge , Market is in bearish trend since Last 3 weeks Soon market will retest Lower trendline And From there market will gather Bullish force to push market up and breakout from wedge Entry from major support level will be more profitable ❤️Please,...
Hello Dear friends Currently, the positive divergence of the RSI combined with the downtrend line on the daily time frame has strengthened the possibility of completing a bearish wedge pattern. To form an upward trend similar to the drawn scenario, we have two conditions: the complete consumption of the $108.9 range and the maintenance of the $87 range. If the...
ETC/USDT made a falling wedge on 4 hour time frame.
MMM looks to be forming a falling wedge which is a bullish pattern waiting for it to test the lower trendline before entry.
ADA is developing a clear ascending wedge pattern making higher highs while the RSI is making lower highs. I will take my chances here with a small amount and add up on the break of the base of the wedge entry: small amount at current price SL: $0.421 add up: on the break of the wedge (will reenter if fakes out to the upside and comes back...
Hello Dear friends It seems that at the end of the downward trend of the daily time frame, due to the positive divergence of the RSI, the probability of completing a downward wedge pattern is high. If the current rising trend is above the $0.81 range, we can expect the completion of the pattern and the formation of a rising trend, provided that the $0.378 area...
Hello my dear friends Looking closer at Bitcoin, the four-hour timeframe We have an ascending wedge pattern at the end of the uptrend, which is accompanied by a negative divergence. But the support area of $22,213 has not been fully consumed, due to the fact that this area is not consumed, there is a possibility that the increasing trend will continue to higher...
AUDNZD has been shaping up for a short opportunity as we can see price has created a double top and price has failed to push any higher. Price has been moving correctively in a reversal wedge pattern which we should expect a Breakout followed by a lower time frame correction to valid a sell entry. Trade Safe Thanks