Falling Wedge Breakout Confirmation of Bullish trend (HH, HL) Take the trade with stop loss Ride the trend with trailing stop loss
TICKER: $HAS TIME FRAME: 1D INVESTMENT STRATEGY: LONG --------------BROKE THE FALLING WEDGE, AND RETESTED --------------ABOVE 2OMA: BULL BULL BULL TRENDSI TRADES GIVING BUY SIGNAL WITH GREEN DOT AND GREEN LINES IN 1D TIME FRAME. THANKS TO TRENDSI FOR GIVING ME CONFIRMATION. I CAN SEE THIS GOING TO TEST 200MA (I.E. 90s) Follow for daily stock, crypto and forex...
Here it looks like we're getting another trend reversal on CHPT. Over the past 2 weeks it's been in a falling wedge pattern. Today we saw it break out of the falling wedge and retest the previous resistance as support. Then from there it jumped up about 5%, so great bullish signal we broke out of the downwards trend. Not only that but we also have a triple...
Chart says all; simple idea. Most often after one of these wedges breaks up it will fall back to retest the upper TL before it really takes off. Would give inverted H&S and a higher low; could be the start of an impulsive move higher, to give a double top. Small gap is a weak draw higher. As always, just a nother crackpot idea; FGS do not trade off this, trade...
Here I present my analysis on the USD/CAD pair (aka Loonie), which as most of us might have seen as well, has recently broke out of the falling wedge pattern. The following confluences are identified that indicate a bullish bias for the currency pair; 1. Rising wedge pattern breakout 2. Awesome oscillator divergence from price 3. Price retracing from the 78.6...
Since earlier of 2019, XRP usually goes against BTC, this time may not be an exception. BTC, ETH, and XRP are the top 3 highest market cap. coins, while both BTC and ETH show bearish in mid-term, XRP shows an opposite trend. On the H4 chart, there is a falling wedge pattern that appears clearly, indicates that XRP will pump. Besides, XRP did break out the MA50...
Falling wedge breakout and retest Nice try to Trade with tight SL
In my chart, price broke out of a falling wedge and had a bounce after retesting that wedge. The green box is my buy zone with a target of $0.66 middle term and $0.9 long-term.