Falling wedgeLooks like a falling wedge has formed, In the next day or two, I would expect it to jump up to at least 0.34
Wedge
$NASDAQ:LCID Going for the break out?Up 8% after testing lower, but holding the $3.20 support line in the previous trading day.
Upside is to ~$8/share.
Check for end of day volume for confirmation, should be relatively high volume spike.
NOTHING !!After breaking the descending wedge, the price fell to the support line. As you can see, the price has now formed an ascending wedge, which is promising. The price could rise to FWB:98K or more than after breaking this wedge, but considering the Christmas holidays, this might take a bit longer.
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
BIOCON UPDATE🚀 Biocon (BIOCON) – Moving After Consolidation – Stay Confident! 🚀
Trade Update:
I entered a long position on Biocon during the consolidation phase, and it’s now starting to show some movement. The price action has been quiet for a while, but we are finally seeing the breakout I was anticipating.
1. Breakout After Consolidation:
The price is now moving upwards, confirming the breakout and the end of the consolidation phase.
This is a classic move where price breaks out from a range, and the momentum can carry it higher.
2. Technical Indicators:
Volume has been increasing, showing that this move has strength and backing.
The Moving Average (MA) is also supporting the bullish trend, with the price above .
3. Current Position:
Entry: I entered at 324.20 avg during the consolidation phase.
Target: My first target is with a potential for further upside if momentum continues.
Stop Loss: I’ve placed my stop loss at to manage risk in case of any pullback.
4. Trade Management:
I’m monitoring the price action closely. If the move gains more strength, I may adjust my targets higher.
For anyone who followed, ensure you’re keeping a close eye on the key levels of support and resistance to manage risk effectively.
5.Confidence in the Move:
This trade was based on a strong technical setup, and I’m confident it has the potential for further upside as long as the trend continues to hold.
Disclaimer: This is my personal trade and not financial advice. Please do your own research and manage your risk appropriately.
#indianstocks #pharmasector #cnxpharma #swingtrading
EurAudWith prices reaching and taking out the previous high, there is a high probability of price to continue to the downside long term.
GOLD BEARISH BREAKOUT|SHORT|
✅GOLD broke our of the
Bearish wedge pattern
While trading in a downtrend
So we are now bearish biased
And we will be expecting
A further bearish move down
SHORT🔥
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GMT Analysis - What Shall we Expect !!!The price is within an ascending wedge and this can be a bullish signal for GMT. However, we need to wait for this wedge to be broken and then wait for the price to rise. Currently, the price can be bearish because more funds have been injected into Bitcoin to allow Bitcoin to find more stability in the coming days.
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
let that fart out FART/USDT.pfartcoin is trading in a kinda falling wedge and rejected from the trendline above. we could see more downside coming to 0.761 or even 0.653. on the 4H is 0.653 where the 200 EMA currently is + a FVG on the 1H timeframe.
Salzgitter Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Salzgitter Stock Quote
- Double Formation
* (Flag Structure) | Completed Survey(Reversed) | Subdivision 1
* ((Wedge Structure | 14.300 EUR | Area Of Value
- Triple Formation
* Retracement Numbered | Uptrend Bias | Subdivision 2
* (Neckline) | Pattern Configuration
* Daily Time Frame | Entry Settings | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
$ETHBTC - Bottom is in.As I posted earlier in the week, I think BITSTAMP:ETHUSD is primed to run in the near term, here's the original post:
Building on top of that, we have more indication that ETHBTC may have found some bullish support, on the shorter time frames over the past few days you can see a clear double-bottom where I highlighted the yellow semi-circle. ETHBTC has even made a higher high now as of today, as BTC has tested support near 94k USD.
If ETHUSD rallies as we expect, it makes sense that through Jan-Feb BTC.D will see a steep correction along with this. This is not to say that I am bearish BTC- I don't think BTCUSD is done, but I do think there are better RR trades emerging in the market soon.
WDYT?
HBAR can reach $0.33 ????HBAR does not have enough volume to break the 0.618 line by the end of the holidays. Therefore, we have to wait and see if HBAR can stabilize above 0.33 in the new year.
Give me some energy !!
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
$NASDAQ:LCID Monitoring for a 168% breakoutWatching Lucid for a breakout from its falling wedge pattern. This may retest the support at ~$3.20 before breaking out.
Entry: ~3.30
Confirmation: A spike in volume and a good % uptick in the price.
Stop loss: 200 day moving average (~$2.92)
Price Target: 8.84
Gold can drop to support line of wedge, breaking support levelHello traders, I want share with you my opinion about Gold. By observing the chart, we can see that the price some time ago reached a resistance level, which coincided with the seller zone and broke it. After this, the price rose to 2721 points and then made an impulse down to the support level, which coincided with the support line of the wedge, breaking the resistance level. Next, Gold started to trades inside the range, where it rose to the 2665 resistance level, but then made a correction to the bottom part of the range. After this movement, the price started to grow and reached the resistance level again, and even broke it, thereby exiting from the range and continuing to move up. Price rose to the resistance line of the wedge, turned around, and quickly dropped below the resistance level, breaking it again. Later price fell to the support line of the wedge, breaking the support level, but a not long time ago it rebounded up the top resistance line, breaking the 2605 level one more time. At the moment, I think that the price can rebound from the resistance line and start to decline to the support line of the wedge pattern, breaking the support level. For this case, I set my TP at 2575 points. Please share this idea with your friends and click Boost 🚀
BITCOIN - Price can make move up and then fall to support areaHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
A few days ago price entered to wedge and bounced from the support line to the support level, which coincided with the support area.
Price broke $92600 level and rose to the resistance line of the wedge, but then it made a correction to the support level.
After this, price in a short time rose to the resistance line of the wedge and then made small correction and continued to grow.
Later BTC rose to the resistance line one more time and then made a downward impulse to support level, exiting from wedge,
Next, price some time traded near this level and then started to grow, so, I think that it can make move up to $99500
Then BTC can turn around and decline to $90200 support area.
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Be careful with ADAUSDT !!!After breaking the descending wedge, the price fell to the support line. As you can see, the price has now formed an ascending wedge, which is promising. The price could rise to $1.07 after breaking this wedge, but considering the Christmas holidays, this might take a bit longer.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Pound Aussie shortBeautiful price action from the Pound Aussie signifies a potential short trade for a long period to take out previous lows.
$LULU - falling wedge breakoutLULU - seeing falling wedge breakout here on daily time frame. looking for calls above $390 for a move towards $400 and higher. Company reported better than expected earnings recently. Stock is decent on indicators.
Instacart | Maplebear back to and below bottomThe daily has been forming a rising wedge, which had a failed breakout back in early-to-mid November.
A failed breakout makes an actual breakdown even more likely than it already is for this pattern.
I'm expecting a move below 40 and then a stronger move down:
TP 1 = 24.27
TP 2 = 19.06
Invalidation of this short would be a 2nd and successful breakout (so, look for price to cleanly rise above ~45.59, and then from there above the wedge and 50 for it to remain bullish)
GOLD Bearish Wedge Pattern! Sell!
Hello,Traders!
GOLD is trading in a local
Downtrend and the price
Has formed a bearish
Wedge pattern IF we see
A bearish breakout then
We will be expecting a
Further bearish move down
Sell!
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Check out other forecasts below too!
Is DOTUSDT Preparing for a Reversal?Yello, Paradisers! DOTUSDT has been moving within a descending channel, presenting a textbook retracement pattern. Now, all eyes are on the crucial support zone, which could be the key turning point for the next move.
💎If DOTUSDT reaches this support zone and forms bullish patterns like a bullish I-CHoCH (Internal Change of Character), a W-pattern, or even an inverse head and shoulders, the probabilities for a bounce significantly increase. This could signal a potential bullish reversal from this critical area.
💎However, in the case of panic selling or deeper retracement, we may see a bounce from the strong support zone below. But remember, confirmation is key—bullish patterns in these zones will strengthen the case for a reversal.
💎If DOTUSDT breaks below the strong support zone and closes a candle there, this would invalidate the bullish setup. In such a scenario, waiting for new price action to develop is the smarter, safer move.
Staying patient and disciplined is essential here. Trade strategically, avoid impulsive moves, and let the market show its hand before jumping in. Remember, the best trades come to those who wait for the highest probability setups.
MyCryptoParadise
iFeel the success🌴
Be careful with XLMUSDT !!!The price is currently in a bullish flag or possibly an ascending wedge, which could cause the price to increase and rise up to the 0.618=$0.51 line.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
$SPY #RisingWedge #BreakDOWN #ReTest #RecessionI highlighted the potential topping formation that could for especially if we see a rejection around 598-601 on XMas EVE via #XMasAlert.
This morning I am seeing signs of momentum wearing off PLUS what looks like a #BreakDOWN-ReTEST of a rising wedge look to the AMEX:SPY , check my TSLA to 420.69 Chart for conceptualization of this break out BELOW;
In my post 2 days ago () I mentioned Strikes TBD.
Well here are my favorites;
SPY 560P 3.21 (Bigger Risk Reward)
SPY 600P 3.21 (Essentially ATM Short w some Leverage)
-Prophecies
PS;
1) "I LOVE GOLD" - Fat BastarD
2) DONT OVER LOOK GOLD SAFETY HAVEN VIA CRYPTOCAP:BTC Headwinds?
3) And Don't Overlook NASDAQ:TSLA momentum... TO UPSIDE STILL (500Cs will be a play at somepoint this year #StayTuned)
