Selected NZDUSD after finding dollar index bearish and NZD bullish. Analyzed the chart through following steps:- 1. Bullish trend 2. Bearish divergence 3. No continuation pattern 4. Bearish Rising wedge pattern 5. No Harmonics pattern 6. Anticipates Bearish trend and initiated trades on break out of HL and anticipates that trend will be bearish as per projection
SPX 500 Analysis on Weekly Timeframe! Rising Wedge Pattern in SPX500 Rising Wedge Pattern Formation after a Strong Downtrend SPX500 was in downtrend before now we are seeing a temporary uptrend but if we observe carefully it is an unstructured uptrend, for trend reversal it has to break 4323.56 level. Now SPX500 has formed a Rising Wedge Pattern. This...
How to trade rising wedge patterns with entries and stop levels.
BINANCE:ETHUSDT ETH USDT Reversal Rising Wedge Formation 4 Hr TF.
If rising wedge formation works, Luna price may fall down to $82 - 81 levels.
RISING WEDGE IN THE MAKING ON BTC / USD. WHAT CAN WE EXPECT? BULLISH; WE CAN HAVE A STRONG BOUNCE ON THE BOTTOM OF THE SUPPORT BOX (GREEN). THIS WILL BE SEEN AS A FAKEOUT OF THE PATTERN. WE SEE THIS KIND OF FAKEOUTS OFTEN ON BTC. IN THIS WAY THE LIQUIDITY IS SEARCHED FROM BOTH SIDES. REMEMBER, THE MARKET ALWAYS WINS. IF WE HAVE A BOUNCE WE CAN EXPECT A PRICE...
I entry when the previously candlestick was formed to entry in short position, now it''s late to entry, because the price is go down now, but there are an interestig entry when you make this example for you, because we are in another and updates chartist pattern in formation and that called Bearish rising wedge, but in that case, we could to see that this chartist...
Hi traders. Gold has recently been in consolidation after a bullish few days and struggled to break around the resistance region of $1656, but also appears to hold support around the region of $1645. As of now, on the 1D time frame, we can see the formation of a rising wedge - I think now is the perfect time to short this pair, once the rising wedge is broken out...