After three wedges failed to produce a breakout, and with price action continuing downward, creating a very defined price channel, SHIBA has, for the first time since forming the massive breakout flag pattern, broken out of the current wedge to the upside. This could be a sign of good things to come! Good luck, and always use a stop loss!
On 1 Hour Timeframe, Wedge pattern formation occured in BANDHANBNK. It indicating breakout of resistance level near 208 level in this stock. After breakout can go long above 208 with small stop loss at 204 for target of 218 to 225 for upcoming few trading session. This setup will fail if BANDHANBNK starts trading below 204 level after breakout.
hello guys. as you can see eurusd made a rising wedge and broke it. the target area is obvious! We can get a long position in the retracement area! ___________________________ ✓✓✓ Always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to support this idea with...
On Daily timeframe, Broadening wedge pattern breakout occured in JKCEMENT near 4600 level. after this breakout expected strong upside rally upto 5016+ level with intermediate target of 4800 in this stock. This breakout will fail if stock starts trading below 4450 level.
The AUD/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 0.6584, positioned close to the breakout level....
hello guys... let's analyze NOTCOIN! 1. Descending Wedge Pattern: - The chart shows a descending wedge pattern, which typically indicates a potential bullish reversal. - The price has been consistently making lower highs and lower lows, but it is approaching the wedge's bottom line, suggesting a possible breakout if buying pressure increases. 2....
3 Targets derived from the rising wedge that developed into the Trump Speech looking for a final low before the Bull Run can begin. 1) Rising wedge target ~57k lining up with 0.786 fib of that move. 2) Bear pole leg into the rising wedge gives us target 2 around 52K if 57k does not hold. 3) More unlikely we go this low but ~49k for the entire bear pole leg...
The EUR/USD pair on the M30 timeframe presents a potential Buying opportunity due to a recent downward breakout from a well-defined Wedge pattern. This suggests a shift in momentum towards the Upside in the coming Hours. Key Points: Buy Entry: Consider entering a Long position around the current price of 1.0842, positioned close to the breakout level. This...
A descending wedge in an uptrend has led to textbook breakout with Uranium X ETF ($URA) Could be a retest though at 20.50 Weekly chart has been used
LLC is currently in a descending wedge with bullish RSI divergence and has a nice crossover on the MACD, it has not had a breakout yet but will look for a little 10% move to the top of the wedge. Also looking for a gap fill but will see what it does closer to resistance at the top wedge. Good luck 🍀
Price must hold above 65k support to go upwards. To avoid further dumps. Ichimoku clouds and red trendline can work as a support.
ACHUSDT Technical analysis update ACH has formed a falling wedge pattern on the daily chart, with the price moving towards the wedge's resistance line for a breakout. If the price breaks the wedge pattern, we can expect a strong move in ACH. Buy Level: $0.0265 Stop Loss:$0.021 regards Hexa
The EUR/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Rising Wedge pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 1.0895, positioned close to the breakout...
EURAUD. Will EURAUD get bids from buyers ? As the price is at strong support level and bullish divergence indicating the buyers may attack this zone. If this happens and buyers start buying from here then the next target could be 1.6270 followed by 1.6420 What you guys think of this idea?
Rising Wedge Pattern forming and Expecting a Breakout. If Breakout above the Rising Wedge Pattern, market approaching the Pattern Target at price JPY 18,160. Offering the potential to Achieve a 100% PROFIT. This is Long-Term Analysis, must follow the Trend Continuation Technique. Support me; I want to Help People Make PROFIT all over the "World".
Having a look at Nurexone trends alongside Point of Control & Ichimoku Cloud indicators. Current bullish pennant formation detected following a successful Downward Wedge. *Next move: Trace Fibonacci retracement, indicate loss % between ATH and support levels, future projections
The GBP/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Wedge pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 1.2806, positioned close to the breakout level. This...