🔻 Falling Wedge Pattern Price was moving inside a downward wedge, making lower highs & lower lows — showing selling pressure is weakening. Now price is near wedge breakout zone around 16–17.
📈 Daily close above wedge resistance = bullish confirmation 🎯 Upside targets: 20 → 24 → 30+ ⚠️ Breakout with strong volume will confirm reversal momentum.
🔰 W Pattern (Double Bottom) Forming Price made two strong lows around 2.25–2.30 zone, showing buyers are defending this level. Now price is pushing toward neckline resistance near 2.45–2.50.
📈 Breakout above neckline = bullish confirmation 🎯 Possible targets: 2.60 – 2.80+ ⚠️ Volume & 4H close above resistance will confirm momentum.
🔻 Falling Wedge Pattern Price was making lower highs & lower lows inside a falling wedge Now price is near strong support zone (~1.30 area) and trying to bounce.
📈 If breakout happens above wedge trendline → strong upside move possible. 🎯 Mid-term targets: 3.20 – 6.00 – 10.00+ ⚠️ Weekly candle confirmation is important. Big reversal setup if breakout sustains. 🚀
Price was moving inside a falling wedge pattern (lower highs & lower lows, but narrowing range). • Wedge Support: ~1.20 – 1.40 • Resistance Zone: ~2.30 – 2.50
📈 Bullish Signal: Price is trying to break above wedge resistance. • Weekly close above 2.50 can start strong upside momentum. 🎯 Next major targets: 3.50 – 4.20 – 5.00 ⚠️ If rejected from resistance, price may retest lower support again.