Chainlink ContinuationChainlink recently pumped breaking its all time high before having a cool down. The cool down led to a falling wedge pattern with odds on the bullish side.
Wedgebreakout
COMP: COMPOUND WEDGE BREAKOUTPrice of the COMP is on the possible breakout from Wedge pattern.
Price can increase for the several levels inside range of 220 and 180.
Pls, do not forget price of the COMP is quite high, and recently it increased from 60$ up to 380$
So i greatly advice to decrease risk in the trades which increased that much recently. Always use Stop loss to avoid unnecessary loss.
According to my view I think price can make some rebound around 199-200 zone and back to 180.
Thanks for attention, stay safe
This is Artem Crypto.
Trade idea for GBP/JPYWhen we look at the chart we can see that the price is testing the wedge. We will be waiting for the wedge to break to go short. Than we need to asses if it is a breakout or a fake out.
Please leave a comments whit what you think of it.
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BTCUSDT creates wedge inside huge triangle 🦐BTCUSDT creates wedge inside huge triangle, be careful.
I'm neutral at the moment
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Trade idea for USD/CHFWhen we look at the chart we can see that the price is looking to break the wedge. We were already long on this one but closed it because it is not sure what it is going to do with the wedge. So when it crosses the wedge we will go long again.
Please let me know in the comments what you think of it.
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CRON - CRONOS GROUP INCFalling Wedge Breakout
WARNING! !
-This analysis is educational.
-I do not buy and sell the stock that I shared.
- There is no rule that the analysis that I share will be like this.
-Do your own research.
-YOU ARE RESPONSIBLE FOR YOUR OWN FINANCIAL DECISIONS.
Trade idea for AUD/USDWhen we look at the chart we can see that the wedge has been broken. The thing that we need to find out now is if this is a breakout or a fake out. What do you think?
If you like the idea than don't forget to give it a like and follow me for even more ideas.
If you have any questions feel free to PM me.
Trade idea for GBP/USDWhen we look at the chart we can see that the wedge has been broken.
Please let me know in the comments what you think of it.
If you like the idea than don't forget to give it a like and follow me for more trading ideas.
If you have any questions feel free to PM me.
CHFJPY Take Profit Level at 114.409CHFJPY Entry Level at the price intersection of EMA 10, EMA 20, diagonal support resistance, horizontal support resistance and vertical line at June 24 2020.
Possible trade for AUDCADWhen we look at the chart we can see that the wedge has been broken. It did try to breakout of the resistance level but that was not successful.
Please let me know in the comments what you think of it.
EUR/GBP ideaWhen we look at the chart we can see that the wedge has been broken. It is rough to say what is going to happen now. I will wait to see what happens on Monday because the US is not open today so it will be a slow ending of the week.
The thing that could happen is that it will go up and than does a retest of the wedge but there is also a chance that it will not do a retest because this is something that happens a lot since the pandemic.
The risk reward ratio will be good in this trade but we have to wait and see what it does on the opening on monday
Please let me know in the comments what you think of it.
If you like the idea than please give it a like and follow me for more trade ideas.
If you have any questions feel free to PM me.
Can gold break the wedge??When we look at the chart we can see that gold is close to a wedge. Will it be able to break the wedge?
Please let me know in the comments what you think of it.
If you have any questions you can always PM me.
Possible trade for GBPCADAs we take a look at the 15min chart we can see that there is a wedge formed and that the price is testing the wedge. What I think is going to happen is that the price will go above the wedge and than do a retest of the wedge before it will go up good. What we need to keep in mind is that since the pandemic there was a lot of trades that broke a wedge but did not retest the wedge. So what also is a chance is that it just takes off and does not do a retest.
Please let me know in the comments what you think of it.
If you like the idea please do not forget to like and follow me for more trading ideas.
If you have any questions you can always PM me.
Idea for USD/CHFWhen we look at the chart we can see that the wedge on the 15min has just been broken. Will be waiting for the candle to close but look very good for a short trade. Do keep in mind that it has a very close SL. Also notice that the US had a holiday today so that the market will be slow today so the chance is big that if you enter the trade that you need to keep it over the weekend. If you do keep the trade over the weekend be sure to have a good risk management to cover possible gaps if there is news on the weekend.
Please let me know in the comments what you think of this idea.
If you like the idea do not forget to give it a like and follow me for more ideas.
If you have any questions feel free to PM me.
Breakout of Huge Falling Wedge..LONG IT..2R TradeBreakout of HUGE Falling Wedge
Entry / SL / Target on Chart
Decent RR
Huge Divergence on RSI too
Will AUD/JPY break the wedgeAs we can see on the daily chart of AUD/JPY there is a wedge that is being tested for a few days now. Will it be able to break below the wedge?
Please let me know in the comments what you think of it.
If you have any other questions feel free to PM me.
Trade idea for EURUSDWhen we look at the chart we can see that the wedge has been broken. We do have to wait and see if there is going to be a new retest of the wedge. When there is a good retest we could consider to go long on this one.
Please let me know in the comments what you think of this.
If you have any questions you can always PM me.
Trade Idea Completed, CHFJPY, Target Price 114.004Trade Idea Completed, CHFJPY, Wedge Pattern, Target Price 114.004
Trade Idea for AUDJPYWhen we look at the chart we can see that there was a breakout out of the wedge. What I think is that it is a fake out and that the price will drop one more time before it goes up. If this is a breakout and it can brake above the resistance zone than I will also be looking to go long on it. What we also need to keep an eye out for is that if the price is going to drop. That it does not brake the lower wedge that you see on the chart.
Please let me know in the comments what you think of it.
Idea for DXYWhen we look at the chart we can see that the candles are close to the wedge. What we are waiting for is for the candles to break above the the wedge. When that happens we need to see if it is able to break above the resistance level. If it breaks above the resistance level we could go long than. When it gets rejected at the resistance level we wait for it to do a retest of the wedge and when that than happens we go long. We do have to keep an eye out for the resistance level if we go in after the retest of the wedge.
Possible drop in S&p500When we look at the chart we can see that there was a wedge breakout on the 1H chart. I think that this will be a wedge fake out and that we will see real wedge breakout when it will retest the wedge. We can see that it closed very close to the wedge. We will have to see what it does when the market will open but i personally think that there is a good chance of another drop.
Please let me know in the comments what you think.
Disclaimer: This is just only for educational purpose. I am not telling you to Buy/Sell anything.
