4-Hour Chart: Consolidation Below All-Time High: After reaching the all-time high, the price is consolidating in a rising wedge pattern. This formation reflects indecision in the market, but the overall structure suggests potential for a downward move. Key Levels: 4H LQZ TP1 (2,550.342): A strong support level and a possible target for short positions if the...
In a very long falling consolidation with upside price targets of: 95, 97, 99 once the wedge breaks out. May require a fed easing policy to help out China.
$OGPU showing immense strength throughout the past few months, while many other alts completely nuke. Will go hard in Q4.
🔹 EURUSD Analysis on 1HR chart - The current Trend is BULLISH - there is Bearish divergences -Rising Wedge reversal pattern is form 🔹 Trade Plan - Entry Level = 0.67295 - Stop Loss = 1.11500 - TP1 = 1.11030 - TP2 = 1.10790 🔹 Risk Management - First TP is 1:1 - Second TP is 1:2 🔹 How to Take Trade? - Only risk 2% of your portfolio - Take 1% risk entry with 1:1...
Hello Trader's How was your day going on Let's look up this chat pattern and comment what next move comming I'm going to trade this.... Sk Don't miss to follow for next update
A sudden breach of the previous record high sparked a significant uptrend in the price of Gold last week, pushing it to a crucial resistance level at 2600. Following a test of this level, the market began to consolidate and formed a head and shoulders pattern on the hourly chart. A break below the neckline of this pattern will be a strong bearish indicator,...
FX:XAUUSD is testing 2500 on the background of CPI data. Bulls actively continue to hold a strong support zone. An ascending triangle is being formed, the target of which is to break the resistance and rise. After the release of CPI data in the US, the focus shifts to PPI and jobless claims data, which will give a new impetus to trading. The CPI data has...
FX:USDJPY breaks support at 141.68 and hits lows. The dollar is declining after the US election debate, but is still in consolidation ahead of CPI. The currency pair may continue to fall Ahead of CPI, traders expect consumer inflation to fall to 2.5 for the year. This indicator will determine the interest rate cut next week, and more precisely by how much...
NASDAQ:AMZN reclaimed the daily 50 SMA last week and is trading into the August high supply. If it gets rejected in this area, a retest of the lower trendline would correspond to the daily 50 SMA, and other converging demand zones including the .618 retracement level from the all-time high to the August low. If demand is held in this area, it may be a good long...
Referring to previous post: We could deem that BTC did not closed above Weekly EMA 21 and follow the restriction movement in the Rising Wedge. Refer to the previous link at the Update section 'chart of 4H' against today's result 'chart of 4H'. Before: After:
NASDAQ:GOOGL has not performed as well as other Magnificent 7 names, which are currently trading much higher than their August 5th lows. If NASDAQ:QQQ continues to build above its daily 50 SMA, and other technology names in this space continue to move higher, GOOGL may start to move higher as well. GOOGL has held demand at the retest of the previous all-time...
Here I have EUR/USD on the 4Hr Chart! EU Bears have been pulling price down forming what seems to be a Falling Wedge since the end of August but could the Double Bottom made by the Sell-Side Liquidity and New Swing Low be a sign that Price is loading up to make its Bullish Break?! Now we see Price after being rejected from the Falling Resistance, descending to...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 A few moments ago price entered to wedge, where it at once bounced from resistance line and fell to support line. Then price bounced up from this line and rose higher than $1.0900 level, after which reached resistance line of wedge. Next, EUR corrected, after...
Trend Prediction - NOT/USDT Forecasting - Resistance and Support Lines Falling Wedge Pattern **** Yousef Sharafi **** Follow me here for more analysis
NASDAQ:CELH Hypergrowth company down 68% is now profitable and now also COMPOUNDER! Could easely do sales 5-10 times higher and with Profit now, easy could becoming 10-Bagger or even much more! I will buy now ......... (!)
NASDAQ:SYM Symbotiv is soon a screaming BUY Last Week we had a BULLISCH ENGULFING, a good measure that ABC Correction could be finished as 1-5 Waves of C are also complete! Bearish Shorts are 42% ..... soon they all have to Cover their Shorts!
NYSE:JKS Think the low is in and Jinko could become soon a 10 Bagger as it is very cheap in every measure ...... Last week we had a weekly Bullish Engulfing, which is one of the best reversal candles available!
On Daily time frame its showing Rising wedge pattern which is bearish overall coming days maybe it take months to take effect but overall its going to down ac CRYPTOCAP:BTC Act whats your thoughts comment below let me know your openion... CRYPTOCAP:BTC CRYPTOCAP:ETH SEED_DONKEYDAN_MARKET_CAP:OMNI CRYPTOCAP:SOL NASDAQ:RARE ...