Get started

Fallingwedgepattern

GOOGL | Wave Projection | A-wave Correction Bullish DivergencePrice action and chart pattern trading setup: > A possible A-wave correction zone at 0.618 fib retracement from previous 5-wave uptrend as well as the head & shoulders target with a bullish divergence RSI indicator in weekly timeframe which is showing a strong reversal signal. > In daily timeframe, the price breakout SMA20 with a small double bottom pattern and MACD golden cross signal line just below zero and now consolidating at upper key level resistance. > If breakout, the upside is opened to a possible B-wave ABC uptrend with a target 0.5 - 0.618 retracement between +20 - 25% with its double bottom downside -7%, estimated risk reward ratio at 2.5:1 Good Luck Always trade with affordable risk and respect your stoploss, nothing is 100%.
NASDAQ:GOOGLLong
by dukeposh
Google 103!Google 103! Don't google 103! What I mean is, I like Google NASDAQ:GOOG above 103. Why is 103 significant to GOOG? Level 103 is significant because it’s above today's close, today's HOD and the 20 MA (SMA + EMA). We also have x3 touches at 102.72! Therefore, I expect a break above 103 (with volume) to break the upper trend line of the falling wedge pattern (see screenshot posted below). Last but least, we closed above VWAP on the daily time frame. If we break and hold above 103 (with volume), then GOOG has strong potential to see more upside. Good night or morning, MrALtrades00
NASDAQ:GOOGLong
by MrALtrades00
BTC: BREAKS OUT! NEED A RETEST!!Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this BTC update. My last scenario got invalidated because BTC 4hr candle close above the $19.5k level. Currently, it is trading above the $20.3k level. According to the chart, BTC is breaking out from the falling wedge-like structure and currently facing some resistance at the $20.5k level. IMO, for a successful upside movement, BTC must retest the $19.5k level from here and get a strong bounce from there. If it again closes below the $19.5k level then this bullish scenario will be invalidated. As of now, I'm waiting for a perfect retest to take some long positions. If you like this idea then do support it with like and follow. Also, share your views in the comment section. Thank You!
Long
by CoreCrypto1
8
Charge Up After the Break Point on ChargePoint Holdings Inc.!Charge Up After the Break Point on ChargePoint Holdings Inc.! I strongly believe ChargePoint Holdings Inc. is "charging up" after the break of the upper trendline! If we hold above the break through the bottom of the week, I will enter a swing trade on CHPT. The following patterns were identified prior to the break of the upper trendline-"Double Bottom" inside "Falling Wedge" *This is not financial advice. Loved and Blessed, MrALtrades00
NYSE:CHPTLong
by MrALtrades00
2