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Wedgebreakout

USDSGD ↘️ Rising wedge breakout .150+ Hello Everyone 🙋🏽‍♂️ 🔴 1.36704 🟢 1.35540 🟢 1.34735 We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone, manage your lot size as well and your SL and TP Don't forget to hit the like bottom and write a comment to support us. Follow us for more 🙋🏻‍♂️ Best Regard / EMA Trading . Disclaimer: ---------------- It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market .
Short
by EMA_Trading
13
NZD/CHF Short trade entry - Wedge breakoutWe just had a clean breakout of a wedge to continue a strong downtrend - will look to short if we mitigate our supply zone on a retest of the wedge and create a LTF CHoCH Coinciding with my previous post, we have been sustaining a healthy downtrend while mitigating our intended supply zones. Price has now shown higher time frame signs of reversal and created our first major CHoCH. We now look for: 1. A major BOS (currently hovering around the former low) and subsequent supply zone mitigation 2. Downside fakeout and strong support at .5435 level to breakout of wedge to the upside and flip mitigated supply zones Don’t forget from last post, we have a massive liquidity pool below us at our weekly demand zone!
Short
by ReigningTrades
2
EURAUD Wedge Forming Interesting development on EURAUD as price is starting to narrow between recent highs and a munch longer term trend line. The uptrend started on 6th Sept 2022 after putting in a low around 1.43000 in late August. Technicals The uptrend line has provided solid support ever since, with bounces in January and June of this year. The January example is most interesting as price also started to narrow in a wedge pattern before breaking to the upside for an eventual 7.5% run. I'm interested on both the Long and Short side, with a slight bias Long given the strength we've seen over the past year. A similar 7.5% run would see us hitting prices around 1.7800. Macro The wedge will break before the next ECB meeting on Oct 26th so we can't use that as a guiding factor. The next notable news event in the coming week is the release of the AUD monetary policy meeting minutes on Oct 17th which is close to the apex of the wedge. Trades I'm looking for intra-day moves, and so will use a breakout in either direction as a signal to watch the lower time frames for entries. There was a wedge break on CADJPY last month with provided several great long trades post break, so don't feel pressured to make a decision now. Wait for a CLEAR break, being cautious of fake out moves.
by RuckSack
BTC DOMINANCE - Challenging Time for AltcoinsBitcoin's Growing Dominance: Bitcoin has been flexing its muscles in the market recently, steadily increasing its dominance. This is a reflection of its strong performance and renewed interest from investors. 🏆 Retesting the Range: Range was brewing for 772 days What's causing concern in the altcoin space is the recent retest of the upper boundary of Bitcoin's consolidation range. This range has acted as a significant level of resistance for Bitcoin, and a breakout from it could further reinforce its dominance. 📉 What It Means for Altcoins: As Bitcoin's dominance grows and it asserts its position, altcoins often face headwinds. Investors tend to flock to the safety of Bitcoin during times of uncertainty, potentially leading to a decrease in altcoin prices. 🌪️ Conclusion: While Bitcoin's rising dominance presents challenges for altcoins, it's crucial to remember that cryptocurrency markets are dynamic. Trends can shift, and opportunities can arise even in challenging times. As an investor, it's essential to stay informed, adapt your strategy as needed, and maintain a long-term perspective. The crypto world is known for its resilience, and it continues to be a space where innovation and growth thrive. ❗️Get my 3 crypto trading indicators for FREE❗️ Link below🔑
CRYPTOCAP:BTC.D
by AlexWhale
3
GBPUSD Upward Wedge? 10.10.2023Seems that the GBPUSD has formed an upward wedge. Volatility started to get to lower levels after the NFP news on Friday. The Breakout of the upper or lower band of this formation could cause the market to move rapidly in the same direction as depicted by the arrows. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Tenancy 10, Marina House, Eden Island, Mahe. Payment transactions are managed by BDS Markets (Registration number: 143350).
by Stuart_Cowell
NAS100 Falling Wedge? 27.09.2023It is clear that all U.S. benchmark indices are currently facing a downward trend. In the case of the NAS100 the Falling Wedge formation seems to hold. we could see the index falling even further when volatility kicks in after market opening at 16:30 GMT+3. 14620 serves now as an important resistance level (was acting as support previously). The next support is probably at 14525. Breaking that as well might cause index to drop further at near 14440.
PEPPERSTONE:NAS100Short
by Stuart_Cowell
1
CELR/USDT 1-Day Long SetupCELR/USDT 1-Day Long Setup CELR/USDT has been trading in a range for the past 7 days, but bullish divergence is suggesting that upward movement is likely in the coming days. The price has also found strong support on the 1-day timeframe, and a breakout from the current wedge pattern to the upside is also possible. Overall, this is a bullish setup for CELR/USDT, and a long position could be considered. Please note that this is not financial advice, and you should always do your own research before making any investment decisions.
Long
by ChartsInsights
4
Rising wedge & crytical resist zone for BTCPure , fast , simple TA for BTC USD 1W tf .. so im looking for shorts after BTC price fall down from rising wedge , supported with bearish divergence ..My entry zone is somewhere from 28000USD to 30200USD .. For SL looking at 32850USD I can see on chart also potentional H&S pattern .. neckline will be my potentional TP1 .. somewhere near 25000USD... Its only my personal opinion .. Have a nice day , leave comment what do you thing about , if agree or if nope . See you guys , when first entry to position :D Do not trade what you think , trade what you see ...
BYBIT:BTCUSD.PShort
by Chlvx187808
HBAR: Big Guy PlayThe last idea for today, will not write a long read and will keep it short instead. With BINANCE:HBARUSDT we're moving inside the long shallow uptrend, then formed the triangle with the descending wedge inside, which guided us to the lower zone of this long uptrend. We're not having other chance than to get some new liquidity in and break out of the wedge for probably the last leg of this uptrend before coming down into the possible autumn correction. What else adds confidence to these words? I just LOVE how this Big Guy indicator plays out on HBAR showing the good moves everytime after the zones with big guys walking in. And we've just had another one pop up. We're currently AT the resistance zone and we might either break out right about now, or will test out the liquidity zone again within next few hours and pump! Consider short Stop Loss below the yellow trendline, or the longer one below the previous higher low. Have a good buy in and a calm night 👁️ A.I.Vision
Long
by A_I_Vision
17
RUNE: Breakout after BreakoutHello friends! Few days ago I've put BINANCE:RUNEUSDT on my list cause I've seen it to be close to the breakout of the new short-term resistance formed on 1h TF. Interestingly enough, it had just broke out of the long going resistance level two weeks ago, went through the point of BoS (Breaking of structure) (by creating the new higher high after the one that has been under that previous resistance at 1.969) and by this moment it is creating the new Higher Low. Again, interestingly enough, while forming the new lower low it is creating the new zone of interest by creating this new resistance I was talking about and actually breaking through it. At this particular moment, the breakout isn't yet totally confirmed cause it hasn't gone through the new BoS, but this point might be this new higher low. So: If you are risky enough, consider the Entry 1 Zone with the Stop Loss below the previous Low. In case if the Higher Low isn't yet catched, the price can go to the zone of $1.2-1. Consider re-entering at that point. If you don't like the risk - wait until the break of structure will be confirmed and consider Entry 2. First Targets will be within the fulfilling of the wick that led us to the previous BoS. Fulfilling it strongly will most probably lead RUNE to the next zone: $2.9-3.1
Long
by A_I_Vision