OANDA:XAUUSD broke the falling wedge and nicely retested it as well. It is forming a nice bottom here. 1928 and 1940 should be initial targets. Disclaimer – WhaleGambit. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators,...
Falling Wedge Breakout Fundamentally Strong Company Target 1: 955 About the Company: Nelco, a part of Tata Group, started in 1940 as a electronics company. Nelco offers solutions in areas of VSAT connectivity, Satcom Projects and Integrated Security & Surveillance Solutions
FX:USDCHF continues to strengthen within the ascending triangle. The price is retesting the trend resistance. What can happen? As we can see on the chart on the bottom left, the currency pair is forming a consolidation relative to a strong resistance area. The mentioned accumulation, when moving to the phase of implementation is able to change the direction...
Gold perfectly respected a horizontal key level that we spotted earlier. After a formation of a doji candle on that, the market bounced and violated a resistance line of a falling wedge pattern. The market keeps growing now. The closest strong resistance that we can spot is 1924. That will most likely be the next goal for the buyers. Then, the futures...
Hello Traders👋🏻 Yesterday, The EURCHF Price Reached The Support Level (0.96771 - 0.96438) Currently, This Key Level is Broken (Support Becomes New Resistance Level)🔥 So, I Expect a Bearish Move📉 i'm waiting for a retest... ----------- TARGET: 0.95185🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
SUI is printing a bearish wedge on 15M. However if it prints a successful retest as drawn with white direction. You can open shorts and book profits after 2% and above.
Pivot: 15715.00 Our preference: long positions above 15715.00 with targets at 15860.00 & 15935.00 in extension. Alternative scenario: below 15715.00 look for further downside with 15620.00 & 15510.00 as targets. Comment: the next resistances are at 15860.00 and then at 15935.00
Hi guys, this is my overview for USDCHF, feel free to check it and write your feedback in comments👊 After price started to trade in rising channel, it rose to $0.9015 point and then started to decline. Price reached resistance line of wedge and then made strong downward impulse to $0.8585 support level, thereby breaking two levels - $0.8955 and $0.8765 Then...
Hi Traders! There is a potential rising wedge here on the GBPUSD chart; however, the market has been trading sideways for the past couple of days. Depending on its next direction, the market will either break the supply or demand zones. That being said, there is a bearish bias here due to the lack of upside momentum after the big price rejection spikes we had...
From the 1H chart, I have drawn descending and falling trendlines with the resistance falling faster, That is to say I see a falling wedge pattern which might be typically at the bottom of a trend forecasting an upside breakout. LICD made a small move up in the past 3-4 hours of trading. Overall the indicators support the idea of a reversal especially on the...
Beta in falling wedge looking bullish, P: 30% , 50% SL: 15%
NASDAQ:NFLX is one of the big names that has had a tremendous bull run the past year. But after touching $485 only just a month ago, and falling with the rest of tech on the most recent pullback, NFLX currently sits at $404.53 per share and looks to be on the verge of an even larger move down. Here we see a head-n-shoulders pattern with the pattern already...
Secret Network is about to regain support, seems ready for short-term recovery towards 100EMA & 200MA resistances. ⚡️⚡️ #SCRT/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Long) Leverage: Isolated (2.4X) Amount: 5.0% Current Price: 0.3480 Entry Zone: 0.3458 - 0.3218 Take-Profit Targets: 1) 0.3999 2) 0.4497 3) 0.4995 Stop Targets: 1) 0.2785 Published...
Rising wedge. All info is posted on the chart. Do you think it will hit the target? Comment your thoughts! p.s. I am back to posting charts! -Kelly :)
Chart show's the possibility of the Right angle broadening wedge pattern and the targets. Target 1.118
Multiple time frame analysis for GBPUSD. Important key levels. Potential scenarios. Trading recommendations. ❤️Please, support this video with like and comment!❤️
EURUSD is forming a descending price channel for quite a long time. For the last week, a consolidation in the format of a wedge is forming on the chart, which breaks the boundaries of the range TA on the high timeframe: 1) A bounce from 1.08441 support is forming and price is limiting itself to the range 2) The liquidity area where the currency pair may be...
Took a long position on NASDAQ:AMD today hoping we get a breakout from this potential falling wedge here. Had a fake breakdown but then a nice bounce from that 102ish support and is now looking to breakout. Would like to see 113 sometime later this week.