When we look at the chart we can see that the wedge is tested at the moment. What we would like to see is that it breaks out of the wedge and than do a quick retest of the wedge. When this happens we will short this pair. What is also very important to take away from this chart when we look at it is that the 0.382 level of the fib has been respected in the past....
We can see that the wedge has been broken and that there was a small retest of the wedge. This could be the fake-out before the big jump or this could be the big jump. Have to keep an eye out for this one. If you like what the idea please leave a like and a comment. Important: This is just an idea that I have. I am not telling you to buy/sell anything. What you...
When we look at the chart we can see that there is an upper wedge that is being tested. Once it does breakout of it I think that the price will retrace to the wedge. When this happens we can go long on it. We do have to keep in mind that there is also a lower wedge in play. So when the price retraces we have to look out that it does not go back down to much...
When we look at the chart we can see that it is testing a lower wedge that has been respected for a while now. We can also see that there is an upper wedge for a shorter periode that has also been respected. Will have to see and wait until it does a fake-out to know if it is going up or down. Let me know in the comments what you think of it. If you have a trade...
We can see that there is a good wedge that is formed on the lows and that the all time high also has been respected for now. It will be a challenge to know what it will do now. It can stay in the parallel that you can see on the chart and make new highs or it could drop under the wedge and than we could see a good size drop. The thing that is not looking very good...
We have to see and wait until the lower wedge is broken and then if there is a retest we will go short on this one. Let me know in the comments what you think of it.
As we can see there is a retest of the wedge that was broken. Will be looking for a short now. Let me know in the comments what you think of it.
As we can see there is a small divergence happening here. The chart has given us a higher high but the MACD does not indicate a high high. The difference is not that big so this is a small indication because we normally would like to see a bigger difference in the chart and MACD. The other thing that could indicate a trend reversal is that the RSI has broken above...
As we can see in on the chart. There is going to be a breakout of the wedge. Wich one it is going to be is not certain for me. If you know than just let it know in the comments.
As you can see there a possible trade here. We can see that the wedges are tested and that the resistance was not broken. I think this is a great setup with a massive risk reward. We would have to wait and see what there is going to happen now because the market is very news driven at the moment so there is also a bigger risk that the resistance could be...
As we can see there is a test of the wedge. I personally want to wait a bit for the wedge to be broken en have a fakeout. After the fakeout there will be a restest of the wedge.When this happens I want to ge long and activate the trade. We can also see that the 30 levels of the RSI has been broken just a little. This is also an indicator that the price will go...
Would have to wait and see for a break end retest of the wedge. When this happens we can go long on this trade. Let me know in the comments what you think of it.
As we can see the wedge has been broken. We are now waiting for the retest of the wedge area. When this happens and we see that it is going down we can place the trade. We can also see that the RSI is very high and at the moment it is almost above the 70 level. This is also an indicator that the price will go down. But for now it is a waiting game until the wedge...
We just need to see and wait until the rebound is done and when the price is back at the wedge once it has crossed it. Let me know in the comments what you think of it.
If we see that there is a retest of the resistance level there could be a good chance that it will go up. Let me know in the comments what you think of it.
Have a little setup here but need to see and wait for the wedge to be retested and the resistance to be broken. Let me know what you think of the setup in the comments.
We can see that the RSI level of 70 has been broken. This is a good confirmation that the price is going to drop. We now just have to wait for the first red candle to be formed in the heikin ashi. Let me know in the comments what you think of this.
We need to wait for this one to see what the RSI will do but if it keeps going up the RSI will pass the 70 level and then we need to have a look a the heikin ashi to see that we can short it if there is a red candle formed there. Let me know in the comments what you think of it.