Hello Traders! I've analyzed btcusd & found many Time-frame formations & Patterns. Here is Bitcoin zoomed in on a 15minute Time-frame. Notice to the left I've identified a possible Spinning Top Pattern & its Local Support. Price is currently battling areas inside of a Descending Channel. Once again, it tests Resistance. Possible breakout Area is...
CHFJPY DOUBLE TOP ON WEEKLY CANDLE AND GIVES STRONG REVERSAL SIGNAL ON TOP (SPINNING TOP ).TAKE ENTRY ON THE TOP AND BE PATIENCE UNTIL THE TP HIT
Signal: bearish Hidden Divergence Confluence: Trendline resistance Confirmation: Spinning Top Good luck to all trading USD/JPY!
Spinning top candle signifying indecision in the market. Bulls and Bears enter at the extremes of the range. AGGRESSIVE CONSERVATIVE
This Spinning top doji could imply that we are going into a range market or a move back up to retest previous highs
The USD has alreadyy bottomed with a spinning top that means bears losing volume selling. It can go back to 1.39000 to retest and after to go lower. set your stoploss under the longest spinning top to buy. Have a nice trading week and enjoy this difficult analyse. Share your thoughts and like
based on the chart presented above: ABBV closed on a nice spinning top candle stick, with divergence between oscillators and stock's lower lows. If stock takes purple trend line (resistance) ill buy an small ITM position
The reaction to this point in time and price is ominous of what is to come.
GMAB We are here again, fifth time we hit the upper band of the paralell ascending trend channel, the prior 4 times it made a spinning top and bearish engulfing before heading down. That's pretty much what we can see again, spinning top followed by bearish engulfing. GMAB, recently broke out of the big overhead resistance from the former triple top, which was...
- Price is at a major resistance level - Bear flag has developed - Closed wih an indecision candle (spinning top) - For a less risky entry, wait for the close below the flag on the daily - R:R is 1>2 - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice. JSE:KIO
Price has made a strong Bullish rally and broken through Triangle Wedge pattern and has now stalled at the 78.6 retracement from the last major swing. I expect bearish retracement from the price. I expect a fall to either 61.8 or 50 retracement line from the last main swing. Each of these lines represent an area of high support / resistance from structure....
Volume higher then the last = confirmed.. Now we wait to confirm to close this candle in 2 min + Bearish divergence on volume ;)
If the market Break the low (1.3800) of spinning top . We will be interested in selling then with target 1.3700 and 1.3600
1.below 21 EMA 2. pin near support 3.bearish. note - it posted very good result respect risk
Looking to enter a long position on SNA with a fairly wide stop. Price decreased after earnings but the long spinning top/long legged doji candle indicates weakness in selling and a possible reversal. Relatively low volume compared to previous earnings as shown on chart. You could set your stop a little tighter around the $149 resistance level to protect against...