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How To Recognize and Trade Rising Wedge Patterns
Picture a trail that switchbacks as it gradually narrows up a mountain, eventually reaching a point where hikers must go over or turn back. This mirrors one of technical analysis' most reliable ...
XRP’s short-term technicals show signs of upside exhaustion, with some patterns pointing to a drop under $2. XRP forms a double top and rising wedge, signaling short-term downside risk toward $1.94.
Solana now risks a 40% drop against Ethereum, with the breakdown of a multi-month rising wedge pattern dampening near-term Solana price forecasts. This shift comes despite Solana’s 13% gain in May, ...
-- Sell the GBP/USD pair and set a take-profit at 1.3150. -- Add a stop-loss at 1.3325. -- Timeline: 1-2 days. Bullish view -- Set a buy-stop at 1.3275 and a take-profit at 1.3350. -- Add a stop-loss ...
Multiple technical indicators and recent whale activity raise Bitcoin's odds of declining below $100,00 in coming weeks. Bitcoin risks a deeper correction toward $88K–$94K after breaking below a ...
STOCKS: #QYLD, #NVDA, #SMHMACRO: #NDX, #SPX,SPECIAL GUEST APPEARANCES BY THE 2B TOP, THE BEARISH ENGULFING PATTERN, THE RISING WEDGE, AND THE BUMP-AND-RUNStrong Retail Sales Data And Nvidia Help To ...
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