Rising Wedge

Hello Friends, I will update this chart with expected targets if there is enough interest from the community. If the community wants more details, please show your interest by hitting the like icon. Looking at the daily chart we can see a rising wedge after a long down trend since the peek of the market. Has ETH hit bottom or is another bottom still in the...

usdjpy has rejected daily resistance zone (green) followed by rising wedge

$BTC is forming a bearish rising wedge on the 1 hour chart. Short if the bottom trendline is broken. Stop: 5220 (-1.85%) Entry: 5125 (0.00%) Target 1: 5075 (+0.97%) Target 2: 5030 (+1.85)

Lets get straight to the point, bitcoin is going down in the short term however so i'm here to prepare you for the best short you've had in your lifetime ! One of the first support lines of bitcoins big bull market surge is the 100 MA line which acted as support throughout the whole bull market, once bitcoin broke down below it you can clearly see it acted as...

Rising Wedge -> continuation pattern. Target 3600ish.

Bitcoin will likely remain "bullish" for now, but the larger structure it's forming appears to be a rising wedge. If we continue to see volume drop off and the wedge mature it will likely resolve with a big move to the downside. Ideal short entry will be at trendline resistance near 3950-4000, or if the ascending trendline is confirmed as broken.

Update about my trade and analysis, Just put SL at Breakeven and enjoy the price running.. you can follow my target at your trade, disclaimer on. "FROM ZERO TO HERO TRADING GUIDE" @ZEROSKIFX

Rising wedge forming on 4hr timeframe. I believe it is time to short USDTRY ... Not a financial advice.

gbpnzd has been bearish for some time but price has created two bearish flag patterns while staying in a consolidation period. Inside that period, a rising wedge occurred.

I will focus on the rising wedge on the H1 Chart. Potential Breakout can be used as a selling opportunity. I will update according to the price action. Have a nice week!

Don't forget, Rising Wedge is reversal pattern. 1H // This idea is just for educative purposes, it is not buy/sell advice.

As the title said, short with these info: SL: 5500 Entry: Around 5250 TP1: 4650 TP2: 4450 TP3: 4200 The downtrend of BTC could be continue if the 89-EMA broke down with momentum.

gbpaud has been in a downtrend for some time now. Price created a massive rising wedge while also creating a falling wedge as well.

chf/jpy bias is bearish and it has been for a very long time. Price has come up to resistance zone which has been respected three times in the past causing some nice moves to the downside. Price is followed by xabcd pattern, rising wedge and broken ascending trendline.

Short after breakout below wedge

potential rising wedge pattern. Targets are shown on the chart.

good position to sell, low risk do not forget to place your SL!!

Seems like we are rising in a rising wedge which is a bearish wedge , and if we break down, target is around 4800