Sell USDJPY Wedge BreakoutSell USDJPY Wedge Breakout
Price breaks the Rising wedge pattern now, its good chance to sell today,
Thank you
Wedgebreakout
Buy USDCAD Falling wedge Buy USDCAD Falling wedge
Price breaks the pattern now, its good chance to buy now
Thank you
AUDCAD: Technically more bearish days are on the wayA falling wedge is broken!
More Bearish move is expected.
Quarterly Resistance was worked well so those who want to take less risk as a result win less reward, could wait for a broken horizontal level of 0.8667
GBPAUDGBPAUD is trading bearish wedge pattern and recently bulls took the charge and seems like they are on the verge of breakout from wedge.
Currently the price is retracing and creating the support around 1.9560 region.
Will the bulls take charge again continue for leg higher ?
Rising wedge & crytical resist zone for BTCPure , fast , simple TA for BTC USD 1W tf .. so im looking for shorts after BTC price fall down from rising wedge , supported with bearish divergence ..My entry zone is somewhere from 28000USD to 30200USD .. For SL looking at 32850USD
I can see on chart also potentional H&S pattern .. neckline will be my potentional TP1 .. somewhere near 25000USD... Its only my personal opinion .. Have a nice day , leave comment what do you thing about , if agree or if nope . See you guys , when first entry to position :D
Do not trade what you think , trade what you see ...
Gold fill fly morecurrently gold is trading in a bearish wedge pattern n D1 chart.Also it has been reacting for the 1910-1912 very strong resistance and the EMA 200 was supporting for the rejection
the situations like this what we can expect the higher rejection to the upside is possible .if gold trade above 1920 and behave steady above that area will move gold to 1929-30 strong resistance
HBAR: Big Guy PlayThe last idea for today, will not write a long read and will keep it short instead.
With BINANCE:HBARUSDT we're moving inside the long shallow uptrend, then formed the triangle with the descending wedge inside, which guided us to the lower zone of this long uptrend. We're not having other chance than to get some new liquidity in and break out of the wedge for probably the last leg of this uptrend before coming down into the possible autumn correction.
What else adds confidence to these words? I just LOVE how this Big Guy indicator plays out on HBAR showing the good moves everytime after the zones with big guys walking in. And we've just had another one pop up.
We're currently AT the resistance zone and we might either break out right about now, or will test out the liquidity zone again within next few hours and pump!
Consider short Stop Loss below the yellow trendline, or the longer one below the previous higher low.
Have a good buy in and a calm night
👁️ A.I.Vision
RUNE: Breakout after BreakoutHello friends!
Few days ago I've put BINANCE:RUNEUSDT on my list cause I've seen it to be close to the breakout of the new short-term resistance formed on 1h TF. Interestingly enough, it had just broke out of the long going resistance level two weeks ago, went through the point of BoS (Breaking of structure) (by creating the new higher high after the one that has been under that previous resistance at 1.969) and by this moment it is creating the new Higher Low.
Again, interestingly enough, while forming the new lower low it is creating the new zone of interest by creating this new resistance I was talking about and actually breaking through it. At this particular moment, the breakout isn't yet totally confirmed cause it hasn't gone through the new BoS, but this point might be this new higher low.
So:
If you are risky enough, consider the Entry 1 Zone with the Stop Loss below the previous Low. In case if the Higher Low isn't yet catched, the price can go to the zone of $1.2-1. Consider re-entering at that point.
If you don't like the risk - wait until the break of structure will be confirmed and consider Entry 2.
First Targets will be within the fulfilling of the wick that led us to the previous BoS. Fulfilling it strongly will most probably lead RUNE to the next zone: $2.9-3.1
CFX: Break(fake)out zone?Friends, I've been asked to give a comment on the BINANCE:CFXUSDT chart, so here is my take on it.
I've made both:
Wave analysis, that shows we're actually near entering into the last zone of purchases for the long term
And analysed this descending wedge with the possible breakout (You can totally see most of coins are in the same position).
I suggest you to look closely, if we will break it out, we will make the last wave with the upmove within the descending area, then - provide the last correction to the bottom zone, which, by that time, will connect with the old trendline resistance and the new support, and from there we will enter the long and boring accumulation zone.
Few words.
Nowadays most of the Alts' charts feel pretty much the same. Descending Wedges/triangles are everywhere. And this is the good time to trade those breakouts/fakeouts.
Cause after that, the real boring market will come into place. And it may take another year to reaccumulate everything and to shakeout The Last Samurais.
The bottom zone is near, however we're still not there.
👁️ A.I.Vision
ETHBTC ❗Caution❗One more for today will be ETHBTC chart.
The wedge is forming for a year now. Chances are, the next BTC move down, ETH and ALTS will go up and even make the breakout from this formation!
...However, I'm not too sure about this. Previous Trend support zone has been crushed fast enough and wasn't going to retest it back. Chances are still here, But...
We have another, Bigger Trend line all the way from the Bottom (I hope it was one, cause if not, the blood will be all over the place) And I am guessing we will have another big fall is Sep/Oct and there may be the prices we're not gonna see in a while most probably.
So, I suggest you to look closely, with caution, cause we're gonna see volatility in the next weeks.
Be aware. Envision.
👁️ A.I.Vision
LINKUSDT BULLISH PATTERN Linkusdt making a bullish wedge pattern in a 30MIN timeframe, which is about to breakout. If the pattern breaks up we can expect a little bit rise in a price.
Support and resistance are given in chart.!!!
.
.
.
.DYOR!!!!
Falling wedge breakoutA breakout of this falling wedge could shoot SPY back into the 450s to fill the gap on the 15 and the 1hr.
📉 $OXT/USDT Falling Wedge Setup! 📉📈 Exciting news for #OXTUSDT traders! 🚀 The chart is forming a captivating Falling Wedge pattern, pointing towards a potential bullish reversal! 💹
📉 As the price has been marking lower highs and lower lows, the falling wedge pattern indicates a phase of consolidation and decreasing selling pressure.
🧩 Falling wedges often pave the way for upward breakouts, suggesting a potential trend reversal and the emergence of a new bullish phase.
💡 Keep a close eye on the wedge's resistance and support levels to anticipate the potential breakout direction.
📊 Technical indicators are showing promising signs of a potential reversal, adding further credibility to the bullish outlook.
🔔 Stay alert for a breakout above the upper trendline, as it may act as a signal for the start of a bullish trend. Remember to set your profit targets and stop-loss levels wisely.
📅 Always prioritize risk management and trade responsibly. Thorough research is key before making any trading decisions.
🚨 Don't miss the action with #OXT! 🚨 Let's see how this Falling Wedge unfolds! 🤞
(Note: This post is for informational purposes only and should not be considered as financial advice. Trading involves risks, and past performance is not indicative of future results. Always conduct your due diligence and seek professional advice when necessary.)
#CryptoTrading #TechnicalAnalysis #BullishSetup #TradeSmart #DYOR #CryptoMarket #ChartAnalysis #EmbraceTheWedge #BullishTrend 🚀💰📈
📉 COMBO/USDT Falling Wedge Setup! 📉📈 #COMBOUSDT is currently showing an intriguing Falling Wedge pattern on the chart, hinting at a potential bullish reversal! 🚀
📉 The price has been forming lower highs and lower lows, shaping the falling wedge pattern. This suggests a period of consolidation and diminishing selling pressure.
🧩 Falling wedges often lead to upward breakouts, indicating a potential trend reversal and the start of a new bullish phase.
💡 Watch closely the resistance and support levels within the wedge to determine the possible breakout direction.
📊 Technical indicators are providing some positive signals for a potential reversal, adding further weight to the bullish scenario.
🔔 Keep an eye out for a breakout above the upper trendline, as it could serve as a signal for the beginning of a bullish trend. Set your profit targets and stop-loss levels accordingly.
📅 Remember to practice sound risk management and trade responsibly. Always conduct thorough research before making any trading decisions.
🚨 Exciting times ahead for #COMBO! 🚨 Let's see how this Falling Wedge unfolds! 🤞
(Note: This post is for informational purposes only and should not be considered as financial advice. Trading carries risks, and past performance is not indicative of future results. Always do your due diligence and seek professional advice if needed.)
#CryptoTrading #TechnicalAnalysis #BullishSetup #TradeSmart #DYOR #CryptoMarket #ChartAnalysis #EmbraceTheWedge #BullishTrend 🚀📈💹
EURCHFEURCHF has formed a falling wedge pattern with strong bullish divergence. As the price has already shown the good bullish reaction from this level. Will the price continue to grow higher ?
ZM longWedge breakout + retest
Earing 5/22/2023, price down
buy 66.5
Stop 62.5
Target 74. 88
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
AUDCHFAUDCHF trading in long term bearish market. Currently the pair has formed wedge pattern along with strong bullish divergence, which indicating the pair's trajectory is about to turn.
AUDUSD - BULLISH FALLING WEDGE📈Hello Traders👋🏻
On The Daily Time Frame The AUDUSD Formed a Falling Wedge Pattern📉
Currently, The Price Broke The Resistance Line of The Wedge
So, I Expect a Bullish Move📈
-----------
TARGET: 0.69545🎯
___________
if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
📈 $ARUSDT Two-Week Falling Wedge Spotted! 📉Hey traders! I've identified a potential falling wedge pattern on the ARUSDT chart, observed on the two-week timeframe. Let's explore this setup and see what it could mean for potential trading opportunities. Here are the details:
📌 Ticker: BINANCE:ARUSDT
📌 Pattern: Falling Wedge
📌 Timeframe: Two-Week
📊 Chart Analysis:
BINANCE:ARUSDT has formed a falling wedge pattern on the two-week timeframe. This pattern is characterized by converging trendlines with lower highs and lower lows. It often suggests a potential bullish reversal.
📈 Potential Bullish Scenario:
If BINANCE:ARUSDT breaks above the upper trendline of the falling wedge with a significant increase in volume, it could indicate a potential bullish breakout. Traders may anticipate a price rally and consider long positions.
📉 Alternative Bearish Scenario:
In the event of a breakdown below the lower trendline, it may invalidate the falling wedge pattern, and a bearish continuation becomes a possibility. Traders should remain cautious and monitor price action closely.
💡 TradingView Analysis:
For a more detailed analysis, check out the BINANCE:ARUSDT chart on TradingView
🔍 Join the discussion and share your thoughts on this setup in the comments below! Are you watching BINANCE:ARUSDT ?
📣 Don't miss out on the latest trading insights and setups!
#ARUSDT #FallingWedge #TechnicalAnalysis #TradingView #CryptoTrading #TradingSetup
Disclaimer: This is not financial advice. Always do your own research and consider your risk tolerance before making any trading decisions.
Happy trading, and may the markets be in your favor!
Professor Node It All
SMG Falling Wedge BreakoutThe largest player in cannabis without having the risk/exposure to the schedule 1 plants and cutthroat competition in the sector, SMG, has broken out of a falling wedge pattern with lower PPO and TDI indicators that are close to turning bullish.
All eyes/ears are on the Senate as a vote on Safe Banking for the cannabis sector is expected this month.
businessofcannabis.com
If approved this would clear a major hurdle for the cannabis industry for both long-term growth and the path toward federal legalization.
Currently long with an entry price of of $64.34, a stop-loss at $60 and a take profit at $80. Stop-loss and take profit levels will remain adaptive to price movement.
📈💰 Gold Breakout Alert! Time to Ride the Bullish Wave! 🚀🔥Get ready for a golden opportunity! The bullish setup on Gold is shining bright in the 4-hour timeframe. After weeks of oscillation within a falling wedge, price has finally broken out! The ABC corrective wave is behind us, paving the way for a powerful impulse.
I'm setting my sights on a target of 1940, where I'll be taking some sweet profits. But the excitement doesn't stop there! The ultimate target is set at 1970, a level that has proven to be a tough resistance for price in the past.
Adding to the optimism, the RSI indicator has formed a confirmation with a bullish divergence. The bounce and subsequent break above the 50 level serve as a green light to open a buy position.
It will be interesting to check the price action when the market opens and buy from here🌟💰📈
feel free to share your toughts in the comments section. follow me for updates and don't forget to press the like button if you think this insight was helpful🚀
FMQQ ascending triangleAscending triangle on FMQQ. Price squeeze between 11.25 and 10.45 on the ascending triangle. Breakout incoming?
$ALTO Bull Flag Formation After Wedge Break! 🚩🐂Hey traders! 👋📈 I've identified a compelling bullish setup on NASDAQ:ALTO that I wanted to share with you. It appears to be forming a bull flag pattern after a successful wedge break on the monthly timeframe, indicating potential upward momentum. Let's dive into the details! 📊💡
🔍 Symbol: NASDAQ:ALTO
📅 Timeframe: Monthly
📉 Previous Pattern: Wedge Breakout
📌 Bull Flag Formation:
After breaking out of the wedge pattern, NASDAQ:ALTO has been consolidating within a tight range, forming what looks like a bull flag. The flagpole represents the initial strong upward move, while the flag itself consists of parallel trend lines, indicating a temporary pause before another potential leg up.
📈 Entry Trigger:
To validate the bullish scenario, we'll need to see a clear breakout above the upper trendline of the bull flag formation. This breakout should be accompanied by increased volume, signifying renewed buying interest. Consider setting an entry trigger above , confirming the continuation of the upward trend.
🎯 Target Levels:
Based on the height of the flagpole, we can project a potential target for the next leg up. Measure the distance from the bottom of the flagpole to the breakout point and add it to the breakout level to estimate the target. Keep an eye on as potential price objectives.
⚠️ Risk Management:
As with any trade, it's crucial to manage risk effectively. Consider placing a stop-loss order below the lower trendline of the bull flag or at a level that aligns with your risk tolerance. This way, you can protect your capital in case the pattern fails to play out as expected.
Remember to conduct your own analysis and adjust your trading strategy based on your risk profile and market conditions.
📊 Hashtags: #ALTO #BullFlag #WedgeBreakout #TechnicalAnalysis #TradingView
Please note that this analysis is based on technical analysis principles and should be used as a starting point for further research. Keep an eye on price action, volume, and any relevant news that could impact the trade.
Happy trading! 📈💰
Disclaimer: This is not financial advice. Trading involves risks, and you should only trade with capital you can afford to lose. Always consult with a professional financial advisor before making any investment decisions.
