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Wedgebreakout

Possible trade idea for GBP/USDWhen we look at the chart we can see that the price is testing the wedge. If the price is able to break below the wedge we could consider to short it. We do have to keep in mind that it could be a fake out first and then the price does a retest of the wedge before it drops good. Please let me know in the comments what you think of it. If you like the idea do not forget to give it a like and follow me for more ideas. If you have any questions, feel free to PM me.
Short
by MaBaCapital2
1
Trade idea for EUR/GBPWhen we look at the chart we can see that the price just went above the wedge. What we are waiting for now is for the price to retest the wedge. There is a chance that the price won't retest the wedge because there is also a good divergence happening. A divergence is a good indicator that the price is going to revers so if the wedge is broken and there is a divergence happening at the same time, a lot of the time the price does not retest and just takes off. Please let me know in the comments what you think of it. If you like the idea do not forget to give it a like and follow me for more ideas. If you have any questions, feel free to PM me.
Long
by MaBaCapital2
COMP: COMPOUND WEDGE BREAKOUTPrice of the COMP is on the possible breakout from Wedge pattern. Price can increase for the several levels inside range of 220 and 180. Pls, do not forget price of the COMP is quite high, and recently it increased from 60$ up to 380$ So i greatly advice to decrease risk in the trades which increased that much recently. Always use Stop loss to avoid unnecessary loss. According to my view I think price can make some rebound around 199-200 zone and back to 180. Thanks for attention, stay safe This is Artem Crypto.
Long
by ArShevelev
2
EUR/GBP ideaWhen we look at the chart we can see that the wedge has been broken. It is rough to say what is going to happen now. I will wait to see what happens on Monday because the US is not open today so it will be a slow ending of the week. The thing that could happen is that it will go up and than does a retest of the wedge but there is also a chance that it will not do a retest because this is something that happens a lot since the pandemic. The risk reward ratio will be good in this trade but we have to wait and see what it does on the opening on monday Please let me know in the comments what you think of it. If you like the idea than please give it a like and follow me for more trade ideas. If you have any questions feel free to PM me.
Long
by MaBaCapital2