Embracer will either re-test its top or head down from here and do any one of the following: if re-tests top: 1.) head back down to the bottom of the wedge around 220 sek 2.) break below the wedge forming a double or triple top and head down to 166 sek 3.) break above the top and continue up to the yellow line above it making a new all-time-high around 309...
bZx Protocol just regained 50MA support and looks great for extra bullish continuation mid-term! More information about that DeFi / BSC token also part of Avalanche Ecosystem on bzx.network Current Price= 0.00000709 Buy Entry= 0.00000709 - 0.00000641 Take Profit= 0.00001059 | 0.00001451 | 0.00001909 Stop Loss= 0.00000483 Risk/Reward= 1:2 | 1:4.04 |...
#RENUSDT $REN broke down from lower line of rising wedge and now pullback to confirm support as resistance. after this pullback price can drop more to support zone between 0.5 and 0.618 fib levels of last swing high. if price break out from descending and ascending resistance this bearish scenario will be invalid.
LONG trade analysis on AUDJPY . Graph is looking bullish from breakout of Falling Wedge and is gonna rise in 2 steps. Price recently made Regular Bullish Divergence as well, confirming breakout . Trade idea is also shown on RSI indicator. If you liked this idea or if you have your own opinion about it, feel free to write in the comments.
I went with a candle close on this one. ADA descending wedge should break up. I think $2.20 will hold and breakout should occur soon, IMO. Grab it will it's low. Once $2.35 is cleared, ADA could get many looks and PUMP!
PAR: NEWS: PAR Government Systems Corporation , a wholly-owned subsidiary of PAR Technology Corporation (NYSE: PAR), today announced that it has been awarded a $490,400,000 ceiling, single award, indefinite-delivery/indefinite-quantity contract with cost-plus-fixed-fee completion and firm-fixed-price type orders for Counter-small Unmanned Aircraft System...
fundamental Fed is ready to announce tapering NFP is ready to show increasing job both are bad news for gold price has finished and breakout its Abcde rising wedge pattern , ready to retest and make new lower low support 1760, 1721 and 1680 resistance 1780, 1808 and 1844 elliott wave wave W started from 1834, wave X making abcde corrective wave pattern (...
- On the chart we can see an incomplete Impulse Elliott Wawe (5th wave). - Rounding bottom or cup and handle is also printing on the chart. - Volume is very bullish and also RSI is prepared for another pump! - Target is 1.618 fib trend-based extension + top of the ascending wedge + 5th elliott wave. - For expected duration of the trade, probability, stop loss,...
GBPCAD is trading in a bearish trend. The price is steadily falling within an expanding wedge pattern. Reaching 1.674 low, the price bounced. At the moment bulls are approaching a strong supply zone (blue zone). The blue zone on a chart is based on a match between a horizontal daily structure resistance and a falling resistance of the wedge. The next bearish...
Impulsive sell move on the H1. USDCHF has broken temporary uptrend support and is now retesting. Expecting a drop to 0.90800 region
Gold well above 30 week EMA, and very close to breakout line. RSI similar to May 2019, which was around the huge formation breakout.
GOLD price if could hold above wedge pattern support line may reach around 1840 , just breaking the long term down trend line (Red) for the "sake of " trapping" "trend line breakout " trading traders...
Here's a quick look at REEF 4D chart . As we can see, the price has been showing a trend line support and moving in the Rising wedge. It also respecting box patter n and moving nice in box ,breaking upside only .We can see a breakout anytime in any direction . Wait for retest and buy it surely. Definitely one to keep an eye on . The best entry at 0.028$ or...
My postion size is so big here, that I could by 10 normal sized positions. That's how good the risk/reward is on this 6M oz silver producer that's priced like an exploration company.
Secondary downtrend after pumping from the breakout of the big triangle (+ 350% + 400%). A falling wedge is forming in a secondary downtrend. Price within the formation. Enter on a breakout or pullback after a breakout of the resistance of a given formation. Perhaps, after a breakdown, they can begin to form an accumulation zone of 30-50% (as a logical option for...
VIDT is about to break it's down trend and go up. No way dump unless btc and market crash, there is only way and it is going up. TPs: 1.20-1.70-2.20
After the breakout of the falling wedge, the Pair have been in an estimate of 1,400 pip range since, October 2014. USDCHF broke the minor support of recent to mitigate with the Major Demand zone, where the Bulls came in with power and dominated the marker ever since.
✅NZD_USD broke out of the massive Bullish wedge pattern, and now the pair Has formed a new bullish flag Right above the broken resistance of the wedge Which turned into the support Thus, I am bullish on the pair And after the breakout of the flag to the upside I am expecting further bullish continuation LONG🚀 ✅Like and subscribe to never miss a new idea!✅