Tweezer Bottoms

Mandeep.Singh Mandeep.Singh PRO EURJPY, 240, Long ,
EURJPY: EUR/JPY - Bullish
29 0 4
EURJPY, 240 Long
EUR/JPY - Bullish

Monthly Strong bullish monthly close in May and this month as we approach the end, price has not been able to sustain itself below 124.00. Weekly 2 pin-formation nearing completion coupled with ling spikes piercing the MA showing some buying pressure. Also, hammer candlestick close last week above 124.00. MAs upward facing. Daily Consolidation and rejection ...

jjaramillodl jjaramillodl USDMXN, D, Long ,
USDMXN: USDMXN out of spinach...finally
75 0 2
USDMXN, D Long
USDMXN out of spinach...finally

Nice Tweezer Bottom in usdmxn, might be the start to meet strong resistance around 19.60-19.80, IMO...

MattWalz MattWalz USOIL, D, Long ,
USOIL: USOIL Long
185 3 7
USOIL, D Long
USOIL Long

Inverted head and shoulders PA pattern has presented with daily PA forming a tweezer bottom formation. I will be observing price tomorrow due to OIL news at 10:30EST. With the US Dollar Index indicating bearish movement, I expect oil to rise.

Apple22 Apple22 AUDNZD, 240, Long ,
AUDNZD: AUDNZD possible tweezer bottom
36 0 4
AUDNZD, 240 Long
AUDNZD possible tweezer bottom

If this candle closes as pin bar or even close to a pin bar i will be long on this pair

BTCFailWhale BTCFailWhale VRCBTC, 120,
VRCBTC: VRC BTC 2H POLONIEX
30 2 5
VRCBTC, 120
VRC BTC 2H POLONIEX

Potential Tweezer bottom broken by current candle. Look for and expect the 200MA to get touched. We are surely retesting support levels at this point as RSI on 6H and higher Timeframes continues to move lower. A text book ABC correction, would plow threw prior weeks price levels as if last week never happend. I dont think that is in order here as the volume on the ...

Mandeep.Singh Mandeep.Singh PRO USDCAD, 240, Long ,
USDCAD: USD/CAD - Bullish
96 0 7
USDCAD, 240 Long
USD/CAD - Bullish

Monthly From a monthly perspective, and after a lot of choppy price action, this pair has finally breached 1.3400 and closed last month with strong bullish momentum behind the candle. Weekly The last 3 weeks have been bullish and we are currently sitting at the 1.3700 weekly zone. Due to the bullish momentum behind this pair, I believe we will continue higher. ...

FWerner FWerner EURGBP, 240, Short ,
EURGBP: Eurgbp short idea (read description)
29 0 3
EURGBP, 240 Short
Eurgbp short idea (read description)

Monthly: On this timeframe price has formed a REALLY bearish marobozu candle on november 2016, it's marobozu, it's engulfing, it's very bearish. But in the following months a spinning bottom formed, some kinda shooting star but not a valid one ( again showing rejection of the 0.87000 level really strong) next candle is a hanging man, then a shooting star an this ...

Rufio182 Rufio182 GBPUSD, 240,
GBPUSD: GBPUSD quick long position
41 0 6
GBPUSD, 240
GBPUSD quick long position

Looking at the tweezer bottoms bang on the 1.24 level, I'm still looking for a short oportunity, however, this set up potentially could bring in 50 pips or so, I'll keep an eye on the 4H close before entering a trade.

nick.browne.758 nick.browne.758 USDJPY, 60, Long ,
USDJPY: USD/JPY Long off weekly tweezers
40 0 5
USDJPY, 60 Long
USD/JPY Long off weekly tweezers

I see a weekly low test rejecting the weekly 51EMA, that lead to an intraday double bottom giving price momentum to break and retest the H1 51EMA. A break and close above 111.5 will present weekly tweezer bottoms for the following week. Lots of upside potential

Not4Hire Not4Hire USDJPY, 60, Long ,
USDJPY: USD/JPY Long position
84 0 8
USDJPY, 60 Long
USD/JPY Long position

Weekly low test candle rejecting weekly 51EMA. Daily double bottom leading to intraday doubly bottom. Break and retest of H1 51EMA with stop below the 618 retrace of previous move up. Aclose above the 111.50 level will give weekly tweezer bottoms going into next week.

SuddenFX SuddenFX USDJPY, 15, Short ,
USDJPY: USDJPY - Short Update
283 1 13
USDJPY, 15 Short
USDJPY - Short Update

I don't believe we are going to rally out of this resistance this late in the date. I expect Market Makers are looking for orders to disperse to drive price back down through support. We need more momentum to break it. I've doubled down on my trade 2x and these are my projected targets. A small push back to 110.50 is also acceptable should they decide to take ...

Toni224 Toni224 USDJPY, 240, Long ,
USDJPY: USDJPY Daily Support Bounce
78 0 8
USDJPY, 240 Long
USDJPY Daily Support Bounce

USDJPY 4h TF. The current 4h candle might form a tweezer bottom after it closes which would show us a bullish signal. Also the price failed to break a strong daily support at 110.400. I see a potential long trade to 38.20% 4h TF fib which is also the 23.60% fib on the weekly.

Mandeep.Singh Mandeep.Singh PRO EURUSD, 240, Long ,
EURUSD: EUR/USD - Bullish
80 0 9
EURUSD, 240 Long
EUR/USD - Bullish

A last day of the week trade - 1:1 RR. Monthly Tweezer bottoms with bullish engulfing rejecting key area of 1.0500 in January. Last month we tested this area again and March seems to have taken bearish price action out of play - this month is still yet to close however. Weekly MA crossover to the upside after 4 weeks of bullish price action, tweezer bottoms ...

Mandeep.Singh Mandeep.Singh PRO EURUSD, 240, Long ,
EURUSD: EUR/USD - Bullish
68 0 6
EURUSD, 240 Long
EUR/USD - Bullish

A last day of the week trade on EURO - 1:1 RR. Monthly Last month we've had a rejection of 1.0500 after a bullish engulfing the month prior - tweezer bottoms were formed showing us that price is most likely looking to move up. Weekly The last 4 weeks have been bullish and we've had lots of buying pressure shown from the long bottom wicks. We are looking to ...

c22222 c22222 EURUSD, W, Long ,
EURUSD: EURUSD
30 0 3
EURUSD, W Long
EURUSD

Inverted H&S. Potential 3rd wave of elliot wave. Weekly - Strong Momentum Bullish + Tweezer Bottom & a potential of 3 White Soldiers. DXY - weak long term.

withoutmercy withoutmercy GBPUSD, D, Long ,
GBPUSD: GBPUSD at BUY ZONE
100 0 9
GBPUSD, D Long
GBPUSD at BUY ZONE

This is something we don't want miss because of the huge move potential to the upside. With that tweezer bottom at daily chart, we have big opportunity to hit a home run. Watch the chart closely for entry opportunity.

SeekingDelta SeekingDelta PRO GOLD, 60, Long ,
GOLD: GOLD another tweezer bottom
29 0 4
GOLD, 60 Long
GOLD another tweezer bottom

Another tweezer bottom, and support found inside the pitchfork channel again. Looks good.

dannywarbucks dannywarbucks GBPUSD, 240, Long ,
GBPUSD: #CABLE #LONG, Tweezers bottom, Support, Resistance
30 0 5
GBPUSD, 240 Long
#CABLE #LONG, Tweezers bottom, Support, Resistance

Tweezer bottom. Possible LONG

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