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LTIMINDTREE LTD | 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 # LTIMINDTREE LTD - Triple Formation | Uptrend * Retracement At 50% * 012345 | Subdivision 1 * 012345 | Subdivision 2 - Wedge Structure | Base Interlude Active Sessions On Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Neutral
NSE:LTIM
by TradePolitics
PEPE Is Falling, Should You Invest?Lets break down CRYPTO:PEPEUSD on the Daily Chart! After Robinhood & Coinbase listed CRYPTO:PEPEUSD on their platforms, we see the accumulation of Trading Interest rise which helps push price up, breaking the Highs of May! Since having created the Higher High @ .000025676, Price has been falling and seems to be creating a familiar Bullish Pattern called a "Falling Wedge", formed by Lower Highs (Falling Resistance) into Lower Lows (Falling Support). Wedge Patterns are considered Continuation Patterns so given the Uptrend move prior to the formation of the pattern, we can suspect Price to Continue Higher after a Bullish Break of the Falling Resistance! The Retracement or Pullback to the 50% Fibonacci Level while Price is in the Consolidation State of the Pattern typically suggests the Pullback has ended. The 50% Fibonacci Level or .000016697 sits right in the middle of the Support Zone established by the May Highs. The Last Low @ .000017309 just missed the May High @ .000017223 and the 50% Fibonacci Level, so with Price still trapped by the Falling Resistance, we could see more Downside for CRYPTO:PEPEUSD before getting the Confirmation of Pattern with the Bullish Break!! Based off the Extension from the Lower Low @ .000007718 to the Higher High @ 000025676 giving us a .000017958 or 232.68% Increase, we can derive that a .000038 Potential Target with a Valid Bullish Break is possible! Indicators: - Price Trading Above 200 EMA - RSI Above 50 - BBTrend Printing Green Bars - DSR Aligning with 50% Level
CRYPTO:PEPEUSDLong
by Novi_Fibonacci
2
Franco Nevada - U.S. Dollar | 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 # Franco Nevada - U.S. Dollar - Bias 1 | Retracement Convert To 0.236 - Bias 2 | 012345 | Wave 3 In Progress - VWAP 1 | 2 Not Mentioned | Support & Resistance - Wedge Structure | Double Confirmation * Hypothesis Entry Bias Active Sessions On Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Neutral
CAPITALCOM:FNV
by TradePolitics
Real Success Rates of the "Rising Wedge" in TradingReal Success Rates of the "Rising Wedge" in Trading Introduction The rising wedge, also known as the "rising wedge" in English, is a chart pattern that has a remarkable success rate in trading. This analysis details its performance, reliability and complementary indicators to optimize its use. Success Rate and Performance -Key Statistics Overall success rate: 81% in bull markets Average potential profit: 38% in an existing uptrend -Breakout Direction Bearish: 60% of cases Bullish: 40% of cases Contextual Reliability Bull market: 81% success, average gain of 38% After a downtrend: 51% success, average decline of 9% Important Considerations The rising wedge is generally a bearish pattern, indicating a potential reversal. Reliability increases with the duration of the pattern formation. Confirmation of the breakout by other indicators, especially volume, is crucial. Complementary Indicators -Volume Gradual decrease during formation Significant increase during breakout -Oscillators RSI (Relative Strength Index): Identifies overbought/oversold conditions Stochastics: Detects price/indicator divergences -Moving Averages Crossovers: Signal trend changes -Dynamic Support/Resistance: Confirm the validity of the wedge -Momentum Indicators MACD: Identifies price/indicator divergences Momentum: Assesses the exhaustion of the trend -Other Elements Fibonacci Levels: Identify potential support/resistance Japanese Candlestick Analysis: Provides indications of reversals Conclusion The rising wedge is a powerful tool for traders, offering a high success rate and significant profit potential. The combined use of complementary indicators increases the reliability of the signal and improves the accuracy of trading decisions. It is essential to look for a convergence of signals from multiple sources to minimize false signals and optimize trading performance. _______________________________________________ Here are the best times to enter a trade after a rising wedge, in a professional manner: -The confirmed breakout Wait for the candle to close below the support line of the wedge. Look for a significant increase in volume during the breakout to confirm its validity. -The retest Look for a pullback on the broken support line, which has become resistance. Enter when the price rebounds downward on this new resistance, confirming the downtrend. -The post-breakout consolidation Identify the formation of a flag or pennant after the initial breakout. Enter when this mini-formation breaks in the direction of the main downtrend. -The confirmed divergences Spot bearish divergences on oscillators such as the RSI or the MACD. Enter when price confirms divergence by breaking a nearby support. -Timing with Japanese Candlesticks Identify bearish formations such as the Evening Star, Bearish Harami, or Dark Cloud. Enter as soon as the next candle confirms the bearish pattern. -Important Considerations Always place a stop-loss to manage risk effectively. Be patient and wait for the setup to be confirmed before entering the trade Check the trend on higher timeframes to ensure the consistency of the trade. Integrate the analysis of the rising wedge with other technical indicators to improve the quality of decisions. By following these recommendations, traders can optimize their entries on rising wedges while minimizing the risk of false signals.
BINANCE:BTCUSDEducation
by Le-Loup-de-Zurich
Rocket Companies Inc. | 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 # Rocket Companies Inc. - Hypothesis Entry Bias | VWAP - Retracement 1 | Double Formation At 21.30 - Double Bottom & Falling Wedge | 0 & 0.382 | Retracement 2 - Forecast Template | Range Structure Active Sessions On Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Neutral
CAPITALCOM:RKT
by TradePolitics
Polkadot / U.S. Dollar | 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 # Polkadot / U.S. Dollar - Triple Formation | Neckline At 5.0960 - Wedge Structure | Bearish Trend | Bias On Hold - Invalid Target At 2.5600 - Retracement | 50% | Awaiting Target At 11.8350 Active Sessions On Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Buy
CAPITALCOM:DOTUSDLong
by TradePolitics
2
Bullish on PEPEPEPE is experiencing a price correction following a significant pump on November 13th. I've identified a bullish wedge pattern that has formed since that date, and PEPE appears to be following this wedge with the potential for a break toward resistance. Despite the recent price decline over the last few days, the On-Balance-Volume (OBV) indicator shows bullish divergence, suggesting upward momentum may be on the horizon. From a fundamental perspective, I believe PEPE spiked on November 13th, primarily due to its listing on the Robinhood exchange. This exposure is likely to attract retail investors, which could contribute to PEPE's upward momentum in the coming weeks.
Long
by LOWCO_487
2
Flux Power Holdings, Inc. | 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 # Flux Power Holdings, Inc. - Triple Formation | Down Trend Alignment - VWAP At 5.10 - VWAP At 3.25 - 012345 | Wave 1 & 2 - Retracement | Template | 50% Active Sessions On Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Sell
CAPITALCOM:FLUXShort
by TradePolitics
IGM Biosciences Inc | 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 # IGM Biosciences Inc - Support=0 | 012345 | Wave Template - Wedge Structure | Bias On Hold - Double Formation | Retracement - Invalid Target | Hypothesis Alignment - Awaiting Target | Structure Area Active Sessions On Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Neutral
CAPITALCOM:IGMS
by TradePolitics
iShares MSCI Brazil | 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 # iShares MSCI Brazil - Hypothesis Entry Bias | Neckline Alignment - Support=0 | 012345 | Wave 1 - Triple Formation | Inflicted Short Set Up - Awaiting & Invalid Target | Daily Confirmation Active Sessions On Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Sell
CAPITALCOM:EWZShort
by TradePolitics
#AXSUSDT #1D (Bybit) Big falling wedge breakoutAxie Infinity regained 50MA support after a long downtrend, looks ready for mid-term recovery towards 200MA resistance. ⚡️⚡️ #AXS/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Long) Leverage: Isolated (2.0X) Amount: 4.6% Current Price: 5.202 Entry Targets: 1) 4.854 Take-Profit Targets: 1) 6.947 Stop Targets: 1) 3.805 Published By: @Zblaba NYSE:AXS BYBIT:AXSUSDT.P #Axie #NFT #P2E axieinfinity.com Risk/Reward= 1:2.0 Expected Profit= +86.2% Possible Loss= -43.2% Estimated Gaintime= 1-2 months
Long
by TradingOn
2
400% extension for Upstart Holdings IncOn the above 10 day chart price action has corrected 70% since mid 2023. A number of reasons now exist for a long position, including: 1) Price action and RSI resistance breakouts. The recent rally in price action has broken the downtrend confirming past resistance as support. 2) Regular bullish divergence. 3) The falling wedge pattern has now confirmed with a 400% forecast to 130. Is it possible price action continues with the correction? Sure. Is it probable? No. Ww Type: trade Risk: <= 6% Timeframe to target: 2024 Stop loss: elsewhere
NASDAQ:UPSTLong
by without_worries
9