the falling wedge pattern in consolidation in daily chart. in the green circle that i highlighte u can see the price action in fibbonaci levels. always breakout with huge green candle... that happen twice in (0.5 ,0.618). now we waiting for a breakout the upper side of falling wedge...that will make our next target is 10$ Thank you, and for more ideas, hit "Like"...
Hi! Let me share my first idea! The polling wedge pattern has been completed and can be broken upward after the support line retest.
falling wedge enter at bottom or after breakout..The Leading E-commerce Platform in Africa
After a great rally on SCHW today, we are moving into the close with a bull flag that is nearing the bullish trendline and the 20 Exponential Moving Average (EMA). Still holding my position from the open today with a trailing stop. Expecting another leg up from this flag if we see a good breakout tomorrow. Hoping to see a nice 4R trade from this swing.
LI up 9% on the red day on the overall market Hot industry Broke downtrend Breakout from the falling wedge, strong support.
Multiple Falling Wedges Still showing signs of degeneracy
Evening Traders, Today’s Technical Analysis will focus on COTIBTC, trading in a probable falling wedge looking to retest local lows. Points to consider, - Trend bearish - Lower lows likely - RSI showing signs of divergence - Stochastics neutral - Volume Clearly declining COTI’s trend has put in consecutive lower highs after breaking the all-important 21...