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Wedgebreakout

$SMMT Next Target PT 2 and higherSummit Therapeutics Inc., a biopharmaceutical company, discovers, develops, and commercializes medicines to treat infectious diseases in the United States and Latin America. It conducts clinical programs focusing on Clostridioides difficile infection (CDI). The company's lead product candidate is ridinilazole, an orally administered small molecule antibiotic that is in Phase III clinical trials for the treatment of CDI. It also offers SMT-738, for combating multidrug resistant infections primarily carbapenem-resistant Enterobacteriaceae infections; and DDS-04 series for the potential treatment of infections caused by the Enterobacteriaceae. The company was founded in 2003 and is based in Cambridge, Massachusetts.
NASDAQ:SMMTLong
by BADQOMOCAWGOWLD
MATICUSDTHello my dear friends Previously, we had a shopping analysis together and according to the analysis, we also ate Target (; As soon as we reach the target range, we updated an analysis on the previous analysis, which we expect to form a corrective trend. Our correction process is not yet complete. If the range of $0.8891 is completely consumed, we expect a reaction in the range of $1.0032. It seems that we can make a good profit by observing the specified loss limit. We would be happy to hear your comments.
MShort
by FiboTech
1
short-term analyze for btc (bitcoin)hello guys as you see on chart, btc form in a ascending channel and at the end of the rising price, the quality of the trend has decreased until break down bottom line of wedge or bullish trendlin! now price is at the bottom of the channel and it is so possible it has a very short upward movement until... let me explain two scenarios: scenario 1: after breaking down bottom of wedge price formed a long bar candle and every long bar candle has a hidden gap on it. on this case hidden gap formed on $22395 and this price is so much suit for short position until reach and touch that liquidity pool. i mean $20070 scenario 2: this chart had decision point before breaking down and this area it is so valuable for short positin, i mean $24174 by sl= $25000 always do your own research. If you have any questions, you can write it in comments below, and I will answer them. And please don't forget to support this idea with your like and comment. BE PROFITABLE
Long
by melikatrader94
15
COMP is trying to breakout Rising wedge pattern Hello guys ,Today i saw an interesting wedge pattern on Compound and i thought it will be a good setup. open your position after breakout.(wait,don't open your position fast !) first target is between 43.00 and 47.00.(it's safe to close your position) but if it's going to break the first Support Area , you can close your order between 26.00 and 29.00. it's just an idea , always do your research and analysis. don't forget to follow and boost this idea :) thank you.
Short
by Crypto2021_2021
2
USDCAD Long: Excellent Buying Opportunity To Take Now!USDCAD is giving us an awesome entry to go long. The trigger for this trade is an ending diagonal pattern (the wedge shape between the dotted lines). Why do we like this setup do much? A diagonal pattern is a sign of exhaustion. The choppy, shallow-sloped, overlapping price action is an excellent sign that price is weakening, and is due for a change in trend. Clear momentum divergences on the MACD and RSI support this idea as well. On top of this, the pattern comes at the very end of another pattern we love to see: an expanded flat (as outlined by the (A)(B)(C) labels). This gives even more confluence to our idea, as a flat pattern is one of the core corrective patterns we trade here at Parallax. Exactly how you enter is up to you. You can enter now, or wait for the highs around 1.2950 to be breached first. Regardless, the invalidation level for this trade is 1.2766; price must not move past that level for this wave count to remain valid. This trade setup was created using the rules and guidelines of the Elliott Wave principle. We love the Wave Principle: it's our #1 choice when it comes to forecasting and technical analysis. We strongly believe that no other trading system gives you the same level of confidence when trading. The wave principle provides a rules-based approach for trade entry and exit, as well as active position management. At Parallax, we focus on wave analysis and 1-on-1 education to build a foundation of skills that give our clients the edge. We trade Crypto, Forex (FX), and equities. We keep our analysis simple, clear, and easy to execute. Comment below if you would like to see more trade ideas, Elliott wave analysis, and market updates.
Long
by ImreSG
2
Tesla showing signs of a possible bullish breakout TSLA has been consolidating in a very slightly ascending wedge (possibly triangle) after a decent run up & is now currently looking at breaking out & heading for another rally towards a new high, possibly towards that 1k mark before losing steam Watch for a successful close above the descending resistance for confirmation of successful breakout! I've added 2 major areas of resistance to be aware of to consider profit taking Will update as more data is available *Symbol tags below* Will be checking the crypto pairs for Tesla soon too ( BTC / USD / USDT / DOGE ) for further breakout signs NASDAQ:TSLA CAPITALCOM:TSLA FTX:TSLAUSD BITTREX:TSLAUSD BITTREX:TSLABTC FTX:TSLABTC BITTREX:TSLAUSDT FTX:TSLADOGE COINBASE:BTCUSD BINANCE:BTCUSD INDEX:BTCUSD BINANCE:DOGEUSDT
NASDAQ:TSLALong
by RandomOracle
8