➡ Poised at a rising wedge, indicating potential for breakout on either side ➡ Resistance levels to watch: 91.52 ➡ Support levels: 85.39 and 83.04 This currency pair is currently in a rising wedge formation, a pattern that typically suggests forthcoming volatility with a possible breakout. Traders should closely monitor these levels to anticipate the next...
Tracking this text book falling wedge on the VIX, which is about to enter demand. We could see this breakout if SPY decides to breakdown out of the Rising wedge its currently about to break.
Hello Traders👋🏻 The EURGBP Price Reached a Supply Zone (0.88499-0.88656) ✔ The Price Failed To Create New Higher High 📈 Currently, EURGBP formed a Bearish Rising Wedge ✔ The Support Line is Broken 🔥 If Price Stays Under The Key Zone, EURGBP Can Continue The Bearish Move 📉 ----- TARGET: 0.87570🎯 ___________ if you agreed with this IDEA, please leave a LIKE,...
Continuously in Uptrend within Ascending Wedge Completing several triangle targets Recently, Breakout of Rising Wedge Top (Trendline) and Retest observed Hidden Bullish Divergences are observed on Daily and Hourly TF Entry at CMP with specified SL (aggressive entry) Wait for another green candle for entry (conservative entry) Targets are specified, ride the...
Looks like a solid rising wedge forming here lets see how it plays out!
Hello traders! Nas has been droping after taking liquidity from the high of desmber 13.2022. It has now formed a perfect rising wedge if the pattern is broken there could be a massive drop, i will be trageting 11550 as tp1 and 11330 as tp2. You are welcome to share your idea in the comment section.
This morning I drew this rising wedge and clear and long-lasting bearish divergence on my waves trend oscillator. I used a 30m time frame for better resolution, which also applies to the 4h chart. It was clear we had to break out today or tomorrow, so it happened while I was asleep. I would be so angry because I missed this dip if it wasn't for perfect VWAP...
QQQ is in a rising wedge pattern on the 15 minute chart and so is predicting a breakdown to the downside below the support trendline. The Connor RSI shows the relative strength about to cross below the running average. Volatility is decreased in a consolidation awaiting a breakout from the squeeze. All in all, QQQ is looking to be setup to short in this...
OANDA:US30USD continuation
Technical Analysis: BINANCE:BTCUSDT Hello Traders, BEARISH INDICATIONS: Rising Wedge Broke Fibonacci Retracement (78.6) Resistance (Horizontal) Bearish Divergence Best of Luck!
We have broken a rising wedge and are now retesting the bottom trendline potential 5:1 RR
Rising wedge has again given us profits today.. forgot to update it earlier.. who took it after retest?? How many of u made money today??
NSE:DOLLAR broke out from a major rising wedge pattern. Price did attempt a breakout prior to this but it could not sustain. Likewise, price gave a fake breakdown before giving a proper breakout and releasing huge momentum (25-30% in 1 week). Strong volumes towards virgin territory is another bullish sign in favor of this trade playing out. One may skip this...
Tvsmotor is trading in rising channel from last 10-12 trading sessions & it broke out of its rising channel with decent sort of volumes. Could be bought with mentioned stop-loss & targets.
$RELI entry PTs 5.29-6.30 Targets PT 9-10.50 and higher $RELI – SI 76% Reliance Global Group, Inc. engages in the acquisition and management of wholesale and retail insurance agencies in the United States. It provides healthcare and Medicare, personal and commercial, trucking and transportation, and employee benefits insurance products. The company was formerly...
BTC showing classic ascending channel on the STF (1h chart) Given the current downtrend, statistically more likely to break to the downside Should it break to the upside, BTC will return to the bull market support band level (51.5k) where it was recently rejected DOWNSIDE TARGET - 47.5k (More Likely) UPSIDE TARGET - 51.5k (Less Likely) In the event of a...
Hello Traders and Analysts, Breakdown: 1. Note 2. Contents 3. Research breakdown 4. Education recap 5. Information on Lupa. A Note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged Long, due to purchasing further increments upon imbalances. Please do not take this as face value and conduct the relevant investment...