CADJPY Falling Wedge on 1Hr. Chart
2 Month Downtrend After 3 months (March-June) of chop, WTC/BTC has now been in a 2 month downtrend. Quick Falling Wedge Play This downwards channel has had one previous falling wedge pattern, with a quick breakout resulting in ~25% profit. We are now at the convergence point of another falling wedge pattern and we see an opportunity to buy here at the support...
This is my simple analysis. If you remove all thoughts of profit and loss, you're left with a simple falling wedge and a bright, innovative future. We may very well see new lows into October while this pattern completes. However, I do not believe in an extended future for this bear market.
falling wedge on the daily chart? before btc takes off toward the moon, i'm seeing another pullback when it hits the top of the wedge. if the price does pullback, it could be a great spot from which to take long position...
Stock is primed for a breakout upon right volume and news. Recent 8k was super bullish.
Long: Falling wedge with high probability, wait for price to breakout resistance and then set buy limit on prior lower high
Short term, Bitcoin seems to be stuck in a slow downtrend. It broke out of an initial falling wedge (yellow area) and currently forming a smaller falling wedge (sky blue lines) after the break out. BULLISH: These falling wedges if fully realized may have a potential retest 9.3k or even 10.5k. Seems like a good buy soon if you are bullish and you think 7.5-8k...
Still in step of small correction (Falling wedge) in Wave 3 riding
FX_IDC:EURUSD Monthly Setup - November Base analysis EURUSD 09/15 - Valid EURUSD 10/10 - Valid Correlation analysis TVC:DXY The Correlation -Valid ============================================================================================================================ Caution, I only trade on a moderate trend basis on H4 D1 and sometimes W1...