Hey traders! Today, I want to discuss an intriguing chart pattern I've identified on $RAY. Let's explore the descending broadening wedge and its implications for potential price action. 📊💡 Pattern: Descending Broadening Wedge 📉🔽 Symbol: FWB:RAY 💰 Overview: A descending broadening wedge is a significant chart pattern characterized by expanding price swings...
Bitcoin Bears are growing in number with each Bull failure to stay above the 30k price range, which they recovered on April 2023 after the November 2022 dump to the 15500 price range. This analysis uses Makaveli Trader's Pandora Box on multiple timeframes. The Daily chart MT www.tradingview.com clearly shows a strong bearish candle breaking and successfully...
EURNZD is making lower highs and lower lows in the form of a falling wedge reversal pattern. there is also a bullish diversion which may cause a bull run in future
EURGBP is making a diversion and rising wedge which may cause a bull run from here. sentiments are also bullish our entry is a buy stop on the break of last higher high.
Potential Bullish Entry Dow Theory In Place - Higher High and Higher Low Expected in Place Formation of DOUBLE bottom coupled with bullish divergence (Bullish reversal pattern) SL & TP Levels are defined.
Intermediate/ Novice Trader. Any critique is much appreciated.
DOGEUSDT is showing trend reversal there are some evidence of trend reversal There is a diversion on RSI index, DOGEUSDT is also making double top as well these are some good evidence which is showing reversal
I consider a possible downtrend correnction or even a trend reversal on the Euro-USDollar pair. Price drew a good trend reversal pattern which cointains a false breakout of the trend line and then a new, lower low. But I think it is only a correction, not a reversal. The US Dollar's foundations are stronger than the Euro's. The scenario will be fulfilled if the...
Hello Friends, As we can see in the chart Beyond Protocol is in good consolidation. If the overall market turns bullish then there is a high probability that BEYOND will give a breakout. Recently Huobi exchange listed BEYOND with the ticker BP . Do share your opinion in the comment section.
Hello Friends, As we can see in the chart MetaStrike is in good consolidation. If the overall market turns bullish then there is a high probability that MTS will give a breakout. Do share your opinion in the comment section.
Spandana - Trend Reversal pattern found Inverted head and shoulder Solved the management issues Looks like the stock is no more going to be in the downtrend Stay tuned!!!
Signs of trend reversal on Deepak Nitrite a close above 1920 will take it to 2020 in no time Inverted head and shoulder formation
With the news of a rapid decline in transactions on the crypto platform and the debate by the Federal Reserve on commodity costs and production price mark ups as the United States braces for a recession. We see the XAU market taking a position similar to last summer with the price ranges rallying between 1730 and 1825. Could this be the call sign for the bulls...
The Trend Reversal Trade, can it work? I have been trading the market for 10 years & the statistics in NOT in your favour, this type of trade has a low probability & trading is a game of stacking the probabilities in your favour. this is to be distinguished from investing; which is a whole different game. Back to the infamous Trend Reversal Trade. This is the...
Yesterday's candle (as of publishing this idea), was a Doji candle with a lot of buy power entering in the market. If today's candle closes above the upwards wick, then a bullish reversal is extremely likely. BITSTAMP:BTCUSD
One more opportunity to buy DARUSDT after a retrace. Oscillator: Ehler's Fisher Transform.
eurjpy long time short double top rsi divargnce sell:165.29 target:164.14 sl:165.66
Price action and chart pattern trading setup > Inverted head & shoulders trend reversal pattern > Support Neckline 1st entry at breakout and 2nd entry at pullback > 1st target at SMA50 as key resistance > 2nd target at SMA200 or volume profile point of control > Stoploss at near lowest inverted head position > risk ratio : 2:1 is recommended for medium term...