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Wedge

HEXAGON COMPOSITES | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # HEXAGON COMPOSITES - Double Formation * A+ Set Up | Wedge Structure At 16.00 * Retracement | No Trade | 0.236 & 0.786 | Subdivision 1 - Triple Formation * Intraday Uptrend | Bull Flag At 27.30 | Subdivision 2 * 012345 | Wave Structure | At 16.20 l 57.00 * Wedge Structure | Area Center Settings | Subdivision 3 Active Sessions On Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Buy
CAPITALCOM:HEXLong
by TradePolitics
TON → One step away from a rally. Trying to change the trendBINANCE:TONUSDT is coming out of a prolonged consolidation, but only one action separates us from the distribution phase. The bitcoin rally is favorable for many altcoins.... In my opinion, TON is a rather undervalued project that has a fundamentally significant base (many altcoins cannot boast of this). Technically, the consolidation lasted for almost 9 months and, consequently, this energy should be used somewhere. The exit of the price from the accumulation begins to show us in which direction the distribution is likely to go. The focus is on 5.420 and 5.150. If the bulls hold their defenses above this zone, the coin could show a flight to the moon in the long run. But don't look at cryptocurrencies with rose-colored glasses, assess the situation relative to the risks! Resistance levels: 5.420, 6.133 Support levels: 5.151, 4.51 The price is breaking the resistance of the bullish pattern (descending wedge or descending triangle), we have to wait for confirmation that the trend change will be true. The fight for 5.420 continues. Let's keep an eye on this zone ;) Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:TONUSDT ;) Regards R. Linda!
Long
by RLinda
13
Alikze »» Rose | Ascending corner pattern🔍 Technical analysis: Ascending corner pattern - In the daily time frame, in an ascending channel, according to the predicted path, it has grown up to 1.618 fibo of the previous wave, a range of 0.17. - In the last analysis presented in the 4H time frame in an ascending channel, after breaking the channel and exiting it and breaking the zone, it experienced a correction. - In the daily time frame, it has had a complete upward cycle, and wave 3 has grown as much as 1.618 of the previous wave. - At the moment, correction is done as much as 0.23 fibo of the whole structure. - A corner pattern has been formed which can grow up to the supply area by breaking the 0.072 area. 🛑 The most important resistance: ~ 0.072 💎 NOTE: In addition, if the 0.23 area breaks and stabilizes below it, the bullish scenario will be invalidated. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:ROSEUSDT
Long
by alikze
2
Russell 2000 Small Caps (IWM) Breakout cup and handle on RUTRussell 2000 Small Caps TVC:RUT and AMEX:IWM on the Cusp of a Breakout? The Russell 2000 small-cap index, tracked by the iShares Russell 2000 ETF (IWM), is forming a cup and handle pattern. This technical formation could be indicative of a significant breakout. Key Levels to Watch: Resistance: $230-$232 Support: $220-$222 A decisive close above $234 confirmed the breakout, potentially leading to further upside. Conversely, a failure to hold above $220 could negate the pattern. Keep a close eye on IWM as it navigates this critical juncture.
AMEX:IWMLong
by Paul_Hodls
USDCAD - Follow the Bulls!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈USDCAD has been bullish trading within the rising wedge pattern in blue. Currently, USDCAD is approaching the lower bound of the wedge. Moreover, the zone marked in green is a strong demand. 🏹 Thus, the highlighted green circle is a strong area to look for buy setups as it is the intersection of the demand zone and lower trendline acting as non-horizontal support. 📚 As per my trading style: As #USDCAD approaches the green circle, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
5
Nobody appreciates it !!!The toncoin has broken the wedge, which is a bearish sign in the short term. The price can correct down to the 0.618 Fibonacci level and then potentially shoot back up. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
6
Flare breaking up from falling wedge that is also a bullpennantThe shorter dotted purple line is the breakout target for just the falling wedge alone. The much longer dotted purple line is the measured move / breakout target line for the entire pennant. As we can see the price action has treated this longer dotted purple line as exact wick resistance here now as it begins its ascension to the breakout targets which helps tell us that this measured move line is indeed a very valid one. We can also see an impending golden cross just around the corner for flare as well at which point I expect it to get the same bullish impulse most of the alt market has been getting after their golden cross happens. If we hit the full breakout target of the entire pennant, that will take price action above a double bottom neckline as well which wll then lead to the opportunity for an even bigger breakout target. *not financial advice*
COINBASE:FLRUSD
by DrDovetail
2
Novavax Inc (Extended Hours) | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Novavax Inc (Extended Hours) - Double Formation * Retracement Template 50%| Short Set Up | Subdivision 1 * Wedge Structure | A+ Set Up | At Area 23.80 | Subdivision 2 - Triple Formation * Support=0 | Wedge Structure * 012345 | Subdivision 3 * Retracement Area | 0.382 Active Sessions On Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Neutral
CAPITALCOM:NVAX
by TradePolitics
Wedge Pattern on Bitcoin's Chart - Investors Take RisksHello, The optimistic break out of a possible bullish wedge pattern suggests potential price action of reclaiming the $97.3k price level. The white trendlines mark the borders of a falling wedge pattern, which is usually a bullish pattern. The upward break out from the pattern further indicates a bullish scenario. The bullish chart pattern aligns with technicals like MACD, signaling a weakening bearish momentum. Per the wedge patterns' dimensions, if the price returns to the wedge and hits stop loss levels like $96.5k, the bullish scenario can be considered invalid. Otherwise, a minor pullback is possible to the upper white trendline until BTC picks up bullish momentum and volume. The volume profile shows relatively minimal interest at the current levels. So, I expect BTC to move out from these levels soon. Achieving the target of $97.3k would not only fulfill the bullish potential according to the dimensions of the wedge pattern but also bring the price to levels where investors are interested in trading. Sentiment: As of November 2024, the market sentiment for Bitcoin is extremely bullish. This is reflected in the Crypto Fear and Greed Index, which currently sits at 88, indicating extreme greed. This high level of optimism suggests that investors are highly confident in Bitcoin's future and are willing to take on more risk in anticipation of further price increases. Global economics: The ongoing strategic competition between the US and China continues to shape the global economic and political landscape, impacting trade, technology, and security. Competitors may recognize the potential to exploit Bitcoin, which will help the price to reach higher levels. Risk management: I encourage you to configure your stop loss and diversify your investments to reduce risk. Regards, Ely
BITSTAMP:BTCUSDLong
by Elysian_Mind
Bearish Wedge Breakdown: Key Levels to Watch!OANDA:XAUUSD After analyzing the 1-hour chart, we identified an Ascending Broadening Wedge, signaling a bearish continuation. In our previous analysis, we forecasted a drop to 2656, but the price fell just short, reaching 2658. This time, we anticipate a break below 2656. If the price breaks this level, our next target will be 2578. Disclaimer: This content is for educational purposes only and not financial advice. Trading carries risks; trade only with capital you can afford to lose. Past performance does not guarantee future results. Note for Traders: Success requires strict risk management. Limit risk per trade, use stop-losses, and stay disciplined for consistent growth. Happy Trading
OANDA:XAUUSDShort
by SpicyPips
3
XP INC CED EACH 2 REPR 1 | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # XP INC CED EACH 2 REPR 1 Double Formation | A+ Set Up * Wedge Structure | Double Bottom Alignment | Subdivision 1 * 012345 Main Structure On Hold | Support=0 | Subdivision 2 Active Sessions On Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Sell
BCBA:XPShort
by TradePolitics
Bist 30 Futures | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Bist 30 Futures - Double Formation * (Wave Y) | Double Top Alignment * Neckline & Support=0 | Subdivision 1 - Triple Formation * 012345 | Failed Attempt (3) * (Neckline) Retracement Area | Subdivision 2 * 012345 | Awaiting Target On Hold | Subdivision 3 Active Sessions On Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Buy
BIST:XU030D1!Long
by TradePolitics
DECISIVE DIVID CORP | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # DECISIVE DIVID CORP - Triple Formation * Support=0 | Trend, Behaviour & Entry Principle * Retracement | 012345 | Subdivision 1 * Pennant Structure At 8.30 & 6.87 | Subdivision 2 - Double Formation * Wedge Structure | Failed Target | Subdivision 3 * Neckline Area at 6.00 Active Sessions On Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Sell
TSXV:DEShort
by TradePolitics
BITCOIN - Price can bounce up from support line of wedgeHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 A few moments ago price entered to wedge, where it bounced from support line and started to grow. In a short time, BTC reached the $90700 level, which coincided with the support area, and started trading below it. Soon, price broke this level and rose to resistance line of wedge, but then BTC turned around and fell back. Next, price finally broke $90700 level and later made retet, after which bounced and continued to grow. Later it rose to resistance line of wedge again but then corrected to support line, after which started to rise recently. Now, I think that price can fall to support line of wedge one more time and then bounce up to $104000 If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
6