Ascending Wedge forming on BTCA potential ascending wedge is forming on 1H BTC chart.expext BTC to drop from highest peak.you could see volume decreasing in the wedge as it builds higher highs which gives this pattern strength.good luck!
Wedgepatterns
Decision Time for Bitcoin Target 19.2Bitcoin is about to break down this wedge out of a rising wedge and head to 19.2
GBPUSD, D1 - Wedge patternRecently price moves within wedge pattern. So after breakout possible some corrective move towards 1.2200
MOOV SHORT?Seems like an expanding wedge, I was hoping that dotmoovs follows the M2E trend.
chart looks bearish for me, let's wait and see.
Bitcoin, Potential rising wedgePotential rising wedge being presented on BTC here. Proceed with caution bulls.
Bitcoin can move this week!Hello Friends!
We can see a move to the upside or downside this week for Bitcoin. It’s trading in a wedge; a breakdown or breakout can target two zones (downside $17-18K/upside $25-$26K).
As always thanks for your follows, likes, and comments. Let’s learn and grow together. Cheers!
*This information and publication is not meant to be, and do not constitute, financial, investment, trading, or other types of advice. Do your own research.
Swing Trading Setup For The DAX 30 – Falling Wedge PatternHi Traders,
Having a look at the DAX30 on the Daily.
We see a potential falling wedge with accompanied divergence across the MACD.
I would like to see a break and retest of this pattern before jumping in.
This is the daily time frame so this would be quite a long swing position.
It's all about patience haha.
Let's see how it plays out.
My target would be previous daily resistance.
Enjoy your Monday!
The Vortex Trader
DOTUSDTHi (:
A positive divergence of the RSA and a break of the downtrend line can cause an uptrend, right?
If the $ 6.54 price range is maintained, I will open a buy trade on this range.
It would be great if you would also share your thoughts with us.
$AMD - 2 Bearish ScenarioWe broke "down trend" couple weeks ago (it was fake as we can see) and IMO we might go lower same percentage or double, i hope chart makes more sense than my stupid explanation lol
Temporary rally before last sell off.Using the Fibonacci timezone tool and cross referencing this with the falling wedge that seems to be forming, I would see us going up to around 25550, touching the upper trendline, before dropping one last time, to the 14k zone. After this has completed we will be seeing the actual rally start that breaks out of this, by that time, bullflag and marking the start of the next bullcycle.
What Does a Falling Wedge & Roblox Have in Common?What Does a Falling Wedge & Roblox Have in Common?
I've played Roblox once and from what I remember, players build things up and tear things down. In line with the objective of the Roblox game, the falling wedge pattern falls prior to the price rising (or "building") again.
The Falling Wedge pattern was identified on RBLX weekly, daily, four hour and one hour charts.
My intention is to make the most of this trade by entering a swing position. Therefore, my initial entry will be above the break of the upper trendline or 37.00.
I am considering the following profit targets or profit taking levels-
PT1 53
PT2 61.91
PT3 109.81
Special note -I will also consider pivot points for PT as well.
*Risk Management- will include setting my stop loss below the low of the candle that breaks the upper trendline AND above 37.00. My starter position size will be relatively small to mitigate risks associated with entering a swing position. 80% of my position will be cut at PT1, 10-20% at PT2 (will be dependent on market conditions & price action of stock) and 10% or re-entry prior to reaching PT3 (will dependent on position status and price action).
Peace & Prosperity,
MrALtrades00
*This is not financial advice.
USDCHF I Approaching Demand Buy Zone!Welcome back! Here's an analysis of this pair!
**USDCHF - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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$TGT - Tightening WedgeOur wedge on the four hour chart continues to get tighter.
Can play a break of this in either direction.
Upside will likely be confirmed with a break of 144, while downside is confirmed under 137.
Eur/Usd Rising WedgeIT is not able to see Yet. as a drawer i allways try to antecipate any Pattern. i do not draw after the whole pattern is done. Be Creative before it Appaers and Use the Lower Risk from Begin On instead waiting for any confirmation.
The Great Rising WedgeHey guys, I think there is reason to take this into consideration. This huge rising wedge seems to be playing out right now.
AVAXUSDTVery clean template being completed.
Should the vision go according to the scenario? If we go according to the scenario, we can have an interesting deal.
Must see ...
ALGOUSDT needs new liquidity for the reverse trade
The price lost the monthly support and now the price is going to create a falling wedge on the monthly support.
The price had a false breakout from the falling wedge and it got new liquidity for a bearish impulse.
On the 4h timeframe the price is testing the support above the demand zone.
How do you approach it?
IF the price is going to have a breakdown from the 4h support and grab new liquidity, tra According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
BTC Long Term Analysis - BearishIt's a possible scenario for BTC to keep the bearish trend.
It may fall again after completing the wedge pattern and the amount could be as much as last one.
