Hi. I am bearish on EURUSD now as it reached the price I was interested to open short. Interest Rate cut for EUR is coming in June, the dollar should start reversing around now. CFTC reported recently more commercial shorts compared to longs (attached). Stop loss on chart. Target 1: 1.081 Final target on retest of flip zone.
Here I have AUD/USD on the 1 Hr Chart! Clear as day we can see 2 distinct Lows followed by a Pullback to .6653 Outlining what looks to be a Potential Double Bottom Pattern, I suspect we can see this pair move HIGHER!! Adding Confluence to this idea is the fact we are getting a Strong RSI Divergence on these Lows showing Price is looking to head...
The DOGE/USD chart displays a pattern resembling a double bottom with characteristics of Wyckoff accumulation, suggesting a potential price target exceeding $0.26 based on technical analysis. Additionally, some speculate that continued tweets or endorsements from Elon Musk could further influence the price.
As the inflation is near 2% in Poland, yet the Interest Rates were not cut for a while, I am expecting big positioning in favor of US Dollar. Unstable situation in the region is also a + for this trade idea. The stop loss for me is 3.895 and I am looking to take partials at 4.05, 4.10 and targeting 4.20 for USDPLN.
Bearish Divergence + Double Top, we'll sell if it breaks the previous HL Entry Price: 169.925 Stop Loss: 170.560 Take Profit: 169.2900
I believe that the DJI is set up for a major correction. Looks like a double top has formed. I did 2 different fib lvls. Red lines is 2008 low to this high and orange is COVID low to this high. Lvls clearly marked. Do what you like with this and I could be wrong. THIS IS NOT FINANCIAL ADVICE
Down Trend start, because Banknifty did not closing above previous top or resistance level and it formed Double Top. So we expect market coming down, next Target is Trendline Bottom. And also Nifty 50 did not Breakout the Channel Pattern, Trendline also Breakout, SGX or GIFT also Breakout Trendline. I want to help people to Make Profit all over the World.
Hello,again I will give you good opportunity stock in day chart w pattern make if market retest you can buy if not ignore the trade thank you.
Naturally there a more than a few ways this could play out here. If this 4hr candle closes above the small horizontal resistance we could keep pushing up in the diagonal channel we’ve seemed to have formed and punch up to 2360-2385. Could end up creating a megaphone and popping back up to retest 2450. I’m short here, not playing the long. I can’t seem to force...
Not Financial advice. BYBIT:BRETTUSDT Double top at this moment! can it break and continue for a new high? If so, bulls need to step in., or it will start its way down for a wave 2 according to the Fibonacci. Like and subscribe for more ideas.
Firstly expecting to continue trending upwards if the starts trading above R1800-R2000. This is one company that seem to be resilient and functions in bad time because of how big the name is what it means to the people. Looking at Pick n Pay , fundamental it looks like it far fetch for it recover but it is one of the staple names in South African households. In...
Guess $40 was a solid ground for Coinbase. If it's a double bottom, you can expect 300% earn on this ride. If you want 1.5x leverage, you can try riding CONL NASDAQ:CONL Don't forget to run if $40 breaks
Hi all, Great play right here on Bitcoin. I did 100X long at 68.7K Once we get to the pink line is where I'm closing. I will also open a short right at that line as it should reject and quickly dump. Good Luck.
If we close bullish candle above resistance, then successfully rest our resistend we can expect higher bullish movement, who can give us good opportunity to long position with reasonable RRR. But for this idea we need wait little bit for multiple confirmations as mentioned.
Observing a pinch between 8 EMA low and 21 EMA. Look positive but need to see it bounces off from here. Usually this run ends with a second surge lower than the first which is observed here.
Observing a pinch between 8 EMA low and 21 EMA. Look positive but need to see it bounces off from here. Usually this run ends with a second surge lower than the first which is observed here.
Be patient as it may need to consolidate more before it rockets. Small caps will go flying soon and its going to be crazy. Be on the look out for entries near my purple lines!!!!
A look at a potential short opportunity on Gold using double tops, divergence, the relative strength index (RSI) & Fibonacci levels, Also a conversation about how fundamentals have impacted price & understanding how the markets participants react in the market. If you have any questions, comments or just want to share your ideas, please leave them in the comment...