Fallingwedgepattern
How to trade with Falling wedge pattern-Live exampleFalling wedge pattern's considered as continuation pattern (Bullish continuation pattern) We can catch this pattern
after some bullish reversal or in a continuous bullish run.Best place to enter bullish was after the break of the upper side trend line
(After converging).The primary target would be the topmost rejection level of the wedge and we can fix our extended target with the help
of Fibonacci.
MVMD Chart - Bullish Falling WedgeI've been watching this chart since January, and have been tracking the upper and lower trend lines during that time. If you set your chart to 1 day interval, and look at the 4 month, a clearly defined bullish falling wedge can be seen with a rapidly tightening range. I theorize we'll see an imminent breakout. I hold a position in this stock, and have been adding at the pullbacks. Would love to hear feedback and thoughts.
$GLBS CURRENTLY $4.81 & SHORT SQUEEZE TO $100Globus Maritime Stock Available At Robinhood
Currently $4.91 & SHORT SQUEEZE UP TO $100
Price Action Hovering Near Alltime Lows.
Confirmation Of Double Bottom!
Officially Breaking Out Of Falling Wedge Pattern
Bullish Reversal!
Short Float Percentage 21%
Of all its shares available, 21% is shorted meaning 1 out of 5 shares is betted the price goes down. So what I suggest we pump it, have those short positions cover their losses at a higher price and our investment soars!
I personally invested $50,000 into this stock, if the minimum target of $20 is completed, I’ll have $200,000. Now imagine if the target gets up to $100! I’ll go insane!
RSI On the Monthly, Weekly & Daily Is Hovering at 30!
EMAS 9, 21 & 55 about to Golden Cross!
Online Articles Speaking About Short Squeeze!
Reddit, Twitter, Stocktwits, Youtube, Tradingview & All Social Media About to blow up this stock!
Be prepared, I’m a believer and the most consistent of this money making opportunity!
Pirate Coin ARRR Breaks out of Wedge 60% Measured Move inbound Pirate coin breaks through resistance on falling wedge
Provided BTC s volatility is steady and we close outside of the
resistance . We have a measured move up till 16$ and potential
to complete 1-1 EXT at $20 USD ..
But first lets get a close outside of the resistance .
Manage your risk and know your invalidation
Pls Support my analysis with a Like and Follow for more setups
ETHBTC portends a pullback in the broader crypto marketTLDR: There is a high level of correlation in the market so if ETHBTC is red the broader market is likely red.
Analysis
The black lines show a neckline to a head and shoulders that is very visible on lower time frames.
The purple area shows an area where we could see the price stall and consolidate before we continue the downtrend. There are two main targets for a double top. One is the Hight of the top to the valley between the tops and the other is to give up all of the gains prior to the top. Here I expect we get overperformance. How far is a bit tricky because I don't know which of two bearish patterns is going to be controlling.
Macro View
Here are the two formations... One is a orange rising channel which may have us test the midline or support before breaking to the upside. Staying in the channel which concurs with the triangle support would be a very bullish way to have a pull back. A less bullish way to have a pull back would be for us to test the falling wedge as support after breaking out of the falling wedge mid last year.
Here is an example of XRPUSD doing a vicious retest of support last winter.
Here is XRPBTC having a few attempts at getting a wedge to perform.
Conclusion
Retesting wedge support is very normal and we have the structures on multiple time frames for a retest to occur. These ETHBTC do not exactly tell us what ETHUSD will do as it could be BTC outperforming eth to the upside or ETH outperforming BTC to the downside, or even worse for eth, BTC and ETH running in different directions. And as the TL:DR mentions, if ETHBTC is getting a pull back we can faily expect and protect ourselves against a broader market pullback and plan attempts on playing the reversal with a battle plan.
NATIONALUM - Monthly & Weekly chart analysis - Swing TradeThe stock price is analysed purely based on Price action & Popular chart patterns.
Analysis is done both on Monthly as well as on Weekly Time frame. It may take the stock price few weeks to months to reach potential targets
Analysis is shared through below images.
Monthly Chart - Falling Wedge
Weekly Chart - Darvas Box
Weekly Chart - Bull Flag
Traders should do their own study before entering into any trade.
Also checkout my other ideas based on similar setups and their results (ideas linked below)
Feel free to comment for any suggestion or query.
ETH can meet its previous ATHMy previous idea talks about the descending triangle inside this falling wedge which reached its target exactly.
As can be seen in the chart, price is breaking out of the falling wedge with a target of previous ATH. Price seems to be hitting the upper trend line of the wedge, if it acts as a support then its on the way to the target.
Anything can happen, nothing is certain.
Breakout From Falling Wedge
Here it looks like we're getting another trend reversal on CHPT. Over the past 2 weeks it's been in a falling wedge pattern. Today we saw it break out of the falling wedge and retest the previous resistance as support. Then from there it jumped up about 5%, so great bullish signal we broke out of the downwards trend.
Not only that but we also have a triple bottom now at the 19-20 dollar range in the last several months. I'll be catching it on a dip tomorrow and jumping in to ride it back up to the 30-32$ range for a swing. Hopefully we get a Biden green infrastructure announcement to help give it a little boost over the next 2 weeks.
$MINE Falling wedgeBuy the breakout of this falling wedge. Should be a solid bounce off support and rise