Sentences with phrase «falling wedge pattern»

The stock has historically taken support near the bottom of falling wedge pattern before moving higher again.

Bitcoin price trading above $ 11,000 mark in the weekend trading and has given a breakout from the bullish falling wedge pattern on the daily chart, which is extremely positive from technical perspective as the price could now rise towards all time high in the next few weeks.

Bitcoin price, which broke out of a bullish falling wedge pattern, faced another key test on Sunday when it retraced from Saturday's high of $ 11,500, which also is a lower high from February.

The wedge indicator for Metatrader 4 identifies both rising and falling wedge patterns for any currency pair on any time frame.

# 1 Falling Wedge Pattern: As you can see from the daily chart, SAGE has been trading within a falling wedge pattern during the past few months.

# 1 Falling Wedge Support: ABT's daily chart shows that the stock has currently taken support at the bottom of a falling wedge pattern.

Risks to Consider The stock may reverse its overall trend if it breaks down with high volume from the falling wedge pattern.

Risks to Consider The stock may reverse its overall trend if it breaks down from the falling wedge pattern support with a high volume.

Upon further analysis, i saw on the daily timeframe, a falling wedge pattern on a downtrend which to me is a sign of an imminent reversal.

On the daily chart, as pointed out last week, Bitcoin has been forming a falling wedge pattern which is extremely bullish for the prices once broken out.

Technically, much like Ethereum, NEO too is in the proces of making a falling wedge pattern which would give fresh momentum to the bulls after the breakout.

NEO / USD is edging back towards a falling wedge pattern on the daily time frame, which the price broke out of on Monday when the market was in retracement mode.

On the daily chart, there seems to be a falling wedge pattern in the making, confirmation of which could be known once the price crosses past $ 1,270 mark with volumes - still a far off level for the laggard.