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Rising

REEF ANALYSISHere's a quick look at REEF 4D chart . As we can see, the price has been showing a trend line support and moving in the Rising wedge. It also respecting box patter n and moving nice in box ,breaking upside only .We can see a breakout anytime in any direction . Wait for retest and buy it surely. Definitely one to keep an eye on . The best entry at 0.028$ or after breakout upside and retest. Targets 1 0.03827$ 2 0.045404$ IF YOU LIKE THIS SHOW SOME LIKE AND FOLLOW THAT WILL ENCOURAGE ME THANK YOU
RLong
by YouDo_
1
EURUSDEURUSD right now is at really crutual level. Blue line is previous support level on 1D TF But as you can see price right now has reached top of a daily falling wedge and top of 4h rising wedge which is also at fib level 0,786 Plus this 4h falling wedge is a corective wave (ABC). I see a possible way down from here to test bottom of daily wedge, but EURUSD looks really bullish now, so it can break the top. Only way to know how this one turns out is waiting, as usual. I have a open sell on it, but to be honest it can go both ways from here, so if you are shorting EURUSD, keep your SL close. Good luck!
by EdgarsFX
USDJPY BEARISH BREAKOUT CONTINUATIONLast week USDJPY price reached a key weekly resistance cluster. Bears started to push and today they managed to violate a rising parallel channel to the downside. Such a bearish breakout may trigger a strong bearish continuation up to 112.10 Support zone. USDJPY was trading in a rising wedge as well,but the pair hit a strong horizontal resistance And after trading below the level the price broke out of the wedge to the downside After a retest of the broken level and the supply area above we can see a strong bearish move down! Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carry a high-risk level. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and such sites. Furthermore, one understands that the company carries zero influence over transactions, needs, and trading signals. Therefore, it cannot be held liable nor guarantee any profits or losses.
Short
by legacyFXofficial
Bitcoin - Transactions Large Increase.. Bull Trap or Real Deal?Bitcoin Transactions have increased in last couple days, which should indicate a spike in short term price. Drawing Trendlines on Bitcoin Chart, we obviously have a short term Rising Wedge pattern. It seems we dipped below/sideways, and now have the bottom trendline to contend with as the new resistance. So is this last wave just a Bull Trap? Are we destined to go up just enough before correcting?? Or will this wave take us a good distance upwards, validating the Golden Cross of the MA50 over the MA100?? *This will be the FIRST Time I have gone against what the Transactions have told me. We will see.
BITSTAMP:BTCUSDShort
by Shwayze
6
DOGEUSD - Possibly set up for launchDOGE Looks like its setting up for another bullrun during Bitcoins 5'th impulse move from 45K to 52-54K inside its ascending wedge. Looking at bitcoin nearing its pattern's rising support line and losing downwards momentum, it does seem like it will bottom out here, and soon bounce. Target's for DOGE, kinda hard to predict, but i'll make a sketch, so here are my assumptions: It will pump less in % than last run it will be a slower pump it will have more stops as it meets levels it has gone through already unlike previous run. Comparing with BTCUSD for timing. Good luck with your trades.
Long
by MVPMC
7
SPY dump along with NASDAQ and DOWSPY Since September I have been saying something is wrong. The ramp up is as about as real as a Tinder profile. In March 2020 everything was at a stand still. The market lost next to nothing and kept going and going. A lot of us weren't working and a lot of us that were, were producing next to nothing in product to support this type of price action. Mr. Rising Wedge, please meet Mr. Descending Channel. This along with all the rules by the DTCC, SEC, NSCC and soon, I am sure, the CDC are all finally catching up with us.
UShort
by ssyxworld
Nasdaq Rising Wedge Breakdown As you can see the Nasdaq has been in an uptrend that’s been the support of a rising wedge since May 19th. On August 10th it broke to the downside and quickly retested what is now the support that is now acting as resistance. In doing so it has created a 200 point range that might bring it down to the 161 Fib level. If it were to break that, look for it to continue to fall down into the purple area of consolidation that it got caught up in on April 16th to 21st.
UShort
by adamhelton