UNRULY_NOTES
Occasional Trader
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Falling Wedge: The Bulish Pattern Most Traders Miss.
Falling Wedge: The Bullish Pattern Most Traders Miss 📈
A falling wedge is a bullish pattern that forms when price action contracts between two downward-sloping lines. Both highs and lows are getting lower, but the lower trendline declines more slowly. This shows that sellers are losing momentum.
There are two types of falling wedges:
🟢In an uptrend, it acts as a continuation pattern. The price pauses and consolidates before breaking out upward again.
🔴In a downtrend, it acts as a reversal pattern, often signaling a bottom before a trend change.
Both versions look similar on the chart — a narrowing wedge sloping down. The breakout usually happens to the upside. To trade it 👇
1️⃣Wait for a confirmed breakout above the upper resistance line.
2️⃣Look for strong volume on the breakout to confirm the move.
3️⃣You can enter on the breakout or wait for a retest of the trendline.
4️⃣Place your stop below the recent low.
5️⃣Set a target based on the height of the wedge.
Falling wedges work best in strong trends and become more reliable the longer they form ✍️
#BTC110KToday? $BTC
A falling wedge is a bullish pattern that forms when price action contracts between two downward-sloping lines. Both highs and lows are getting lower, but the lower trendline declines more slowly. This shows that sellers are losing momentum.
There are two types of falling wedges:
🟢In an uptrend, it acts as a continuation pattern. The price pauses and consolidates before breaking out upward again.
🔴In a downtrend, it acts as a reversal pattern, often signaling a bottom before a trend change.
Both versions look similar on the chart — a narrowing wedge sloping down. The breakout usually happens to the upside. To trade it 👇
1️⃣Wait for a confirmed breakout above the upper resistance line.
2️⃣Look for strong volume on the breakout to confirm the move.
3️⃣You can enter on the breakout or wait for a retest of the trendline.
4️⃣Place your stop below the recent low.
5️⃣Set a target based on the height of the wedge.
Falling wedges work best in strong trends and become more reliable the longer they form ✍️
#BTC110KToday? $BTC
TAKE PROFITS, Not Screenshots 💰
There’s a story from one trader called The Cheer Hedge. After years on trading desks, he noticed something strange: whenever a colleague loudly celebrated a winning trade — yelling “YEAH!” or fist-pumping — the trade would reverse almost instantly.
🔍 The behavior was so consistent that Donnelly began taking the opposite side of those trades. He found that the louder the celebration, the more likely the market had topped or bottomed.
🤔 In trading, emotional climax often signals the end of a move. When someone is so confident they start bragging or shouting, it usually means the majority of the move is already behind them.
📸 This is common in crypto. A trader hits 500% profit, posts a screenshot, and the next day the coin dumps 😁
This is not about luck or superstition. It’s about understanding that crowd psychology and emotional signals often reflect peak positioning and risk.
Next time you feel like taking a screenshot to show off a win, stop and ask if it’s time to take profit instead.
👉 If you're euphoric, the smart move is to scale out — not double down. Stay disciplined.
There’s a story from one trader called The Cheer Hedge. After years on trading desks, he noticed something strange: whenever a colleague loudly celebrated a winning trade — yelling “YEAH!” or fist-pumping — the trade would reverse almost instantly.
🔍 The behavior was so consistent that Donnelly began taking the opposite side of those trades. He found that the louder the celebration, the more likely the market had topped or bottomed.
🤔 In trading, emotional climax often signals the end of a move. When someone is so confident they start bragging or shouting, it usually means the majority of the move is already behind them.
📸 This is common in crypto. A trader hits 500% profit, posts a screenshot, and the next day the coin dumps 😁
This is not about luck or superstition. It’s about understanding that crowd psychology and emotional signals often reflect peak positioning and risk.
Next time you feel like taking a screenshot to show off a win, stop and ask if it’s time to take profit instead.
👉 If you're euphoric, the smart move is to scale out — not double down. Stay disciplined.
WARNING: ETHEREUM'S DOWNTREND ISN'T OVER YET.
The current ETH price is around 2400 , showing a downtrend,
with both the moving average and exponential moving average indicating a bearish trend.
The MACD has shown a slight increase but remains in the negative territory,
suggesting a high likelihood of continued downtrend.
The momentum indicators show the RSI at 46.33, close to neutral, while the stochastic oscillator is rising but not
providing a strong rebound signal. Therefore, the future
trend is likely to continue downward.
The current ETH price is around 2400 , showing a downtrend,
with both the moving average and exponential moving average indicating a bearish trend.
The MACD has shown a slight increase but remains in the negative territory,
suggesting a high likelihood of continued downtrend.
The momentum indicators show the RSI at 46.33, close to neutral, while the stochastic oscillator is rising but not
providing a strong rebound signal. Therefore, the future
trend is likely to continue downward.
The current BTC price is 106947.06, with moving averages
and exponential moving averages showing an upward
trend, and the MACD is also increasing, indicating a
short-term upward trend. However, the ADX is decreasing,
which may indicate a potential weakening of the trend's
strength. Future RSI and MFI remain at neutral levels,
suggesting a higher likelihood of consolidation rather than
a strong upward or downward movement. The stochastic
oscillator's %K is showing a downward trend, indicating
the possibility of a short-term correction.
and exponential moving averages showing an upward
trend, and the MACD is also increasing, indicating a
short-term upward trend. However, the ADX is decreasing,
which may indicate a potential weakening of the trend's
strength. Future RSI and MFI remain at neutral levels,
suggesting a higher likelihood of consolidation rather than
a strong upward or downward movement. The stochastic
oscillator's %K is showing a downward trend, indicating
the possibility of a short-term correction.
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