PDD Wedge channel breakdownThis is for learning purposes.
As you can see PDD formed a triangle. After downward breakdown, it tried to retest the same level it broke from and got rejected. That rejection could have been a great puts play.
Wedgebreakout
BF UTILITIES LTD. - LOOKS GOOD!Following a brief pause, the previous upward trend is poised to resume.
A Continuation Wedge (Bullish) represents a temporary interruption to an uptrend, taking the shape of two converging trendlines both slanted downward against the trend. During this time the bears attempt to win over the bulls, but in the end the bulls triumph as the break above the upper trendline signals a continuation of the prior uptrend.
The pattern formed over 37 days which is roughly the period of time in which the target price range may be achieved, according to standard principles of technical analysis.
This bullish pattern can be seen on the Daily chart of $NSE:BFUTILITIE.
PLEASE NOTE THAT:
This chart analysis is only for reference purpose.
This is not buying or selling recommendations.
I am not SEBI registered.
Please consult your financial advisor before taking any trade
ZILUSDTZILUSDT is trading in falling wedge pattern. The price was reacting well the support and resistance of wedge.
Currently the price is about to give breakout from falling wedge and after successful retest of the level will be bullish signal and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 0.02400
What you guys think of this idea
DXY NFP trade for long confirmation on EU/GU crazy set up... i don't trade DXY I only use it to confirm a trade, this was what you call al sniper move...
CLEAR
ON POINT
PRECISION
Short on GPORGPOR has broken out to the downside of an ascending wedge with the trendline going back to the start of February with bearish RSI divergence. Entry on break or retest of support. Stoploss at last swing high and will be moving SL to BE when safe to do so. Happy trading.
Short on US30 US30 has broken out to the downside of an ascending wedge with the trendline going back to the start of November with bearish RSI divergence. Entry on break of support and target at next resistance level @ 36300, I will also keep an eye out for a fib retrace level @ 34200. Happy trading.
Potential Long on S32
S32 is currently in a descending wedge with bullish RSI divergence. Look for a breakout and retest of upper trendline or support zone for entry, stoploss at last swing low and will be moving SL to BE when safe to do so.
LULU Wedge BreakoutLULU has broken out of a wedge after hitting ATH and then consolidating all of January. Bounce perfectly off the 50 EMA on the daily. Active trade now. Targets $500, $515
PENDLEUSDTIs PENDLEUSDT exhausting at highs?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence on lower time frame suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 1.600 followed by 1.200
What you guys think of it
CVNA Wedge Breakout on DailyCVNA has broken out of a wedge on the daily chart after carving out a nice bottom. 40% short makes this a very appealing squeeze candidate. Let's see how it closes!
AFRM Tightening Wedge on DailyAFRM is getting tighter and tighter as it retraces back toward the 50 EMA. A red to green entry tomorrow would be perfect, and could see us retest the high of $52.
STNE Gap FIll Wedge BounceSTNE perfectly filled the gap from December 13th and bounced. Now a break above the January 3 high of $17.38 should send this back to new highs. Targets $18 $19
The formation of a wedge pattern in the EURJPY We see a wedge pattern in the EURJPY and a negative divergence in the RSI indicator. If the wedge pattern breaks, we expect the price to fall to the range of 160.00.
DXY is hitting resistance of massive broadening wedge. Big moveThe INDEX:DXY is hitting resistance of massive broadening wedge. Big move up or down coming.
If it closes above the wedge line, look for it to climb higher.
If it can't break through, look for it to retest the bottom of the wedge.
If it starts to fall, stocks and Bitcoin will rally.
INDEX:DXY COINBASE:BTCUSD NASDAQ:QQQ
Adjustments made to the hours falling wedge Just wanted to update you on the adjustments we have made to the wedge, since the last minor breakout. I have widened it to include the most recent uptrend. Looks like we are coming to the end now, and this should finally breakout sooner than later.
Falling wedge breakout on TSLA hourlyLooking at the massive falling wedge breakout on TSLA hourly chart. Also notice the oscillator on the Ultimate RSI, just crossed north of 50 and looks like it wants to retest those +70 levels once again. The next supply zone sitting at $240-$242, if we break through that the next zone after that will be $248-$250, and if we break that we should see $255-$265. If not we will break back down to demand at $235-$230. This and NVDA breaking out, along with AAPL could bring a nice lift back up for SPY...
Bitcoin Dominance Bearish OutlookCRYPTOCAP:BTC.D most likely will drop and we will enter altcoin season.
Rising wedge spotted in weekly time frame, my first target is around 47-49% for a potential retest or short consolidation or maybe invalidation.
The main target is around 39-40%, prepare for altcoin season.
Sell EURJPY Wedge BreakoutEUR/JPY - M30 Chart - Rising Wedge Formation
Price Breaks the pattern now.
its Good chance to sell.
Lack of Major News: So far today, there hasn't been any major news impacting the EUR/JPY pair.
Thank You.
SPOT Clean BreakoutSPOT has made a nice and tidy breakout of the wedge on the daily. Looking to enter on a break of Thursday's high around $195.50. Targets $200 $202
CNX 200 EMA Bounce and Wedge PopCNX bounced off the 200 EMA on the daily and has broken out of a downward wedge. A move over $21.00, and a reclaim of the 50 EMA should send this back up to test the highs. Looks even better on the weekly chart imo. Target $23.50
Potential Short on BTCBTC is currently in an ascending wedge with bearish RSI divergence wait for a break of trendline before taking a position with stoploss at last swing high with target at next area of support, moving SL to BE when safe to do so and then follow with a trailing stop looking for a bigger move down. Good luck traders.
RUNEUSDT in 4H wants to rune !!ascending pattern created...
Although the market situation is not clear, you can think about this
Potential Short on OHI
OHI has broken out of an ascending wedge with bearish RSI divergence now retesting support. Look for a break of trend on smaller timeframe for entry, SL above last swing high moving SL to BE when safe to do so.
