Fallingwedgepattern
NZDCAD potentially continue its bullish movementcurrently, we are seeing the price trapped inside the falling wedge pattern and potentially move to the 0.88830 resistance level as the price target. I will wait for the price to break out of the resistance structure before placing any buy order. good luck traders!
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
SLP Bullish for long termSLPUSDT has now candle closed above the falling wedge pattern. Bullish divergence appearing as well in the 1H TF. We might reach the following levels: 0.0204, 0.0217, and 0.0235. High volume rally back in February 10 and it has been a low volume correction ever since. Big pump is incoming. If you bought SLP at the previous dip, it would be a 50% profit for short term and a 160% profit or possibly higher for long term. HODL SLPUSDT
IOTA / ETH - Falling wedge patternIf the long term pattern is true then amazing 1110% is the target.
OKTA Falling Wedge and Losses Exceeding ExpectationsOKTA is bearish from both fundamental and technical perspectives.
The falling wedge has a price target of $140 before a bounce and the company said billings rose 91% to $603 million vs. estimates of $497 million.
Since the earnings are negative, 266Mil in 2021 and the Market Cap is high, 28.418Bil, OKTA is still a growth stock from which investors have high expectations.
When investors see weaker forecasts or expenses increase, on rising interest rates, they are tempted to sell.
In this case, my price target is the $140 support.
Looking forward to read your opinion about it.
FLOKIUSDT is creating a falling wedge 🦐FLOKIUSDT is creating a falling wedge on the daily support.
IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
FALLING WEDGE BREAKOUT ON CAKEBUSDPossible long here at CMP or wait for a retracement on CAKEBUSD and then put a long order on CAKEBUSD, price made a breakout on the falling wedge pattern and RSI is above 50 on the 4h candle which also indicates bullish Momentum. If you need more confirmation before entering the trade you can wait until it breaks the 200MA and then enter the trade.
Cheers !!!!
VIR Double Falling WedgeAnalysis for VIR
Two falling wedges can be seen to have formed in this current down move
As in the previous down move, price temporarily moves out of the channel before moving back up
This is what's occurring now with this second falling wedge
I do expect a big break out at this huge support area