PEPE is in the huge Decending Chanel and it's almost weekend. What can we distract from the charts. Before we look into PEPE charts I've check BTC and we are still in de sideways accumalation channel there. On the other hand we see this massive AcendingTriangle that must break out soon. The question here is will ik go up or down. Again is friday and most...
Rpl/USDT 4h chart pattern on Binance testing Resistance, will RPL Successful to break resistance and go up or it continues to descending channel Line what your opinion please shre with us
The chart pattern indicates that making price from high to lower highs at resistance levels and making equal lows at support so that chart indicates that price shortly will fall. Target-174 and stop loss -214. this is educational analysis and is not for any buy or sell call
currently price is in descending parallel channel and breaking horizontal support . if support broken then bear will control the market as per analysis trade according to ur rr levels
Hi Traders, Looking at GBP/USD on the Daily today. Notice the descending trend line since the beginning of the year. We haven’t broken through this entire year and we have been making lower lows and lower highs all this time. This means that my overall bias on this pair is still bearish. I have marked up an Order block zone highlighted in blue. If we see a...
Watching tesla this week. We should see a bounce back up monday and then coming back down maybe later this week. As you can see my chart its forming a decending triangle. Not a financial advisor just my opinion. What you guys think?
CAD/JPY has been in a strong uptrend that was established last week. However, this morning the pair witnessed a decent sell-off towards the 91.2 regions. There has been some support created at this level and it's looking likely that the price will retest near the recent high. However, as this high, 91.477, is a lower high compared to last week's 91.66...
sushi 1 week descending wedge pattern break lests see whats happens next
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At this time I do have a short position leverage and a long term not leveraged. I would like to create the case of the Short leverage case. News Well nothing really, but you know I always talk about GrayScale which maybe buy some for your Roth. Well according to Fintel Ark has a total of over 2million shares. This is very good for long term investors of...
USD has been in a bear trend against ruble since March, it formed a topping pattern as a descending triangle and started a bear trend. since then it made another defending triangle as a bearish continuation pattern and broke down from it the target of that large triangle is around 68$. its currently completing another small descending triangle with a target around...
GBPAUD TESTING SUPPORT LEVEL 1.98509 , THE POUND HAS DECLINED BY ALMOST 5% AGAINST THE AUSTRALIAN DOLLAR RETESTING THE ASCENDING CHANNEL PATTEN ON TUESDAY.... SO I'M HOPING FOR A CONTINUATION IN THE DOWNWARD TREND FROM HERE ON BUT AS ALWAYS ANYTHING CAN HAPPEN... IF THE ASCENDING CHANNEL HOLDS THE PAIR COULD TRADE HIGHER BUT FOR NOW HOLD ON THE PAIR, IF YOU HAVENT...
I spotted a descending wedge on (USD/CAD H4) this pair has potential for a short or long position, although there is a US (PMI) release at 9:30 this could negatively affect this pair or have a positive affect on the pair, I will look for entry closer the release of the news event. If you like my idea please feel free to like, comment, & share.
gold is now in corrective face in descending channel buy low and sell high wait for breakout
OANDA:USDCAD , I will go short on the daily chart my preventive SL will be at resistance level formed at 1.34000, TB will be at the lower boundary of the channel
The general consensus seems to be very bearish with figures like $5k or $3k been chucked around so could this be a case where the majority are wrong and we might begoing to see 8-9K next could we have really be forming a falling wedge which we exit on the up side?
this is just some ideas i have, i am by far NOT a pro, just playing around, thanks
Hello Traders, BTC update on the larger scale, we could be seeing yet another descending triangle after this parabolic rise, Points to consider: - Parabolic rise into descending triangle - Completion of possible wave 5 - Three Touches confirming price resistance, macro lower highs - Volume Tapering off in a similar fashion - EMA's looking to turn bearish -...