It is not the most perfect wedge, but it does have a support and resistance that is tested multiple times. The bearish idea would fit in the downtrend on the weekly since august '18. We're seeing some bearish movement right now so maybe it will break soon, while the wedge is closing in. Keep an eye on it and thanks for reading!
Black Gold seems to be in a channel, for the short term I think it will check the support. Will be a learning to see what a channel like this can do. Thanks for reading, if I'm trading this I will share this here. Thanks for feedback and reading this!
We can see NZDJPY forming a bearish wedge, with a resistance at this moment there is a good chance we will drop out this wedge. I try to keep an eye on it and will short if the wedge support breaks. Will update it later, Give me some feedback and thanks for reading!
There's a good profit reward on this one: Going to short the EURUSD because I see some rejection at this resistance. With a RSI at almost 80 in combination with this support I think we can achieve a RR 1:3 Thanks for reading and I would appreciate some feedback.
Going for a long scalp here on EURUSD since we tested the support of the drawn channel. The RSI went down to 25 and we can clearly see a bullish pin bar at the 15M. Tight stop again since this one tested the support already. Thank you for reading and feedback is always welcome!
For learning purposes for myself. First time trying a long scalp in the range of this AUDNZD, expecting to try the resistance in this one. I used the pretty tight stop en take profit as in the chart. Thanks for reading and I would appreciate some feedback about your view.
Drawed a descending channel on the EURUSD. I'm thinking this will breakout to test the resistance at 1.148. Please give me some feedback so we can learn from this! Thanks for reading
Looks like the IBM shows us a bearish rising wedge. Definitely something to look out for, let's keep an eye on it if it works and if yes how much drop we could expect. For now I expect some pullback to a support at approximately 115$. Since I'm still learning I'm not trading this. If you feel the same give me some feedback I'm glad to hear from you guys! Give a...
Is GOOGL rejected from the long down trend resistance? Still in a bullish channel within'. On the smaller timeframe seeing some bearish candles, especially where the channel first was tested. Let's keep an eye this support and resistance Thanks for reading and please let me know your feedback!