If you're looking for a buying opportunity on GBPJPY, focus on the double bottom retest zone between 199.62 and 199.37. Overall, I maintain a bullish outlook on GBPJPY. Key Levels: - Double Bottom Retest Zone : 199.62 to 199.37 Strategy: - Buying Opportunity : Look for entry points within the double bottom retest zone between 199.62 and 199.37. - Bullish...
The GBP/CAD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent breakout from a Double Bottom Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours. Possible Long Trade: Entry: Consider Entering A Long Position Above The Broken Trendline Of The Double Bottom...
Consider a compelling swing trade opportunity in Rossari Biotech , a leading specialty chemicals manufacturer in India, renowned for its innovative and sustainable solutions across various industries. Reasons are listed below : Price at Support Zone : Rossari Biotech is trading at its support zone, where it was initially listed, indicating potential buying...
4 hour chart comparison, negative correlation between Bitcoin and the Dollar Index. I'm still bullish on BTC up to 73k, but I think we'll at least see 67.5k with the way these two are moving, possibly a pullback below 67k to around 60-65.
I saw some other stocks of the same segment doing bullish patterns. We have a potential double bottom fighting with downtrend line resistance. I think is going to bounce back and forward between the 13.5 support level and the downtrend line until something breaks. The double bottom (inverted HS in the daily timeframe) tells me that the price wants to break up the...
DOGE got a memorable boost with the previous FOMO. With the Crypto Markets preparing for the next boom, I think this one will go again. This dog went to the Moon, now Elon's gonna take it to Mars. I will not hesitate to get my hands on this Dogecoin at the $0.03-$0.01 range. DOGEUSD ( DOGEUSDT , DOGEBUSD ) Tech. Analysis: * Elliott Wave Impulse: Cycle A...
Cronos can go bust, but even so, it's on Sale. CROUSD / CROUSDT will go straight bull at one point. So, I am still buying these poopy coins on each major fall they have. Yeah, that's what I do.. putting my money into a black hole. My next good BUY LEVEL: $0.03 . Who knows, maybe I'll actually get rich. My Technicals on CRO: * Elliott Wave A-B-C Pattern *...
Ripple ( XRP ) will put the banking system to the test. Many attempts to shut down this "wonderful" coin have been made. Still, it's alive, has a pulse, and it's barely getting started for the New Crypto Age. It will take some time indeed, until it would be implemented in the systems. All I can say is that, IMO, the Crypto Revolution is inevitable. Anyway,...
Bitcoin Dominance ( BTC.D) is giving a fantastic trading setup. It's preparing a BIG Bullish Swing. From an Elliott Wave point of view, a bullish Impulse Wave is about to start. In this case I'm talking about Super-Cycle (C) (turquoise). Moving on to Harmonic Patterns, there are two: The smaller one is the Bullish Shark, which is preparing its completion. The...
Solana will not go bust, it's too big for that. SOL ( SOLUSDT , SOLUSD , SOLBUSD ) has great value behind it. The project is amazing, and it's on SALE! So, I am holding and adding even more @ $5 . Yeah... when people are panicking, I buy. :)))) My Technicals: * Elliott Wave A-B-C Pattern * Double Bottom * Demand Zone * Double Bottom * Fibonacci...
NSE:SYMPHONY is currently forming a double bottom pattern, which indicates a potential bullish reversal. This pattern typically suggests that the stock has found strong support at the bottom levels and may be preparing for an upward movement. However, traders should exercise caution and consider entering a trade only after a confirmed breakout above the...
AUDNZD on 4 Hrs chart shows the divergence with confirmation of double bottom. Entry at previous HH (trend break).
Pair is testing the broken support level after being rejected by the resistance at 0.98. I think is going to try is going to test again the 0.98 resistance. The double bottom is still active. SL triggers if a weekly candle breaks down the support and closes under it.
1. Trend: sideways to bullish 2. Set up: Reversal 3. SL: follow on closing basis
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.
AUDIO is in downtrend since march and now feels like sellers are exhausted, Currently the price has formed a double bottom on daily with bullish div and now seems like the bulls are getting ready for some strong upside movement. If the market continue to trend higher , the next optimum target could be 0.2058 followed by 0.2496.
KUCOIN:FTMUSDT - Huge Double Bottom possibly in print Measured move +40% Divergence at support in 0.635 levels would be preferred entry provided entry trigger activates via candlestick or candle stick formation. Neckline break and retest at 0.78 level will provide further impetus for initial Target to 0.94. Remember UPCOM:FTM can go higher can is dragged...
Hello Traders ! On Wednesday 15 May, The USDCAD Reached a Strong Support Level (1.35898 - 1.36168) and Failed to Break it. The Price Formed a Double Bottom Pattern. At The Moment, The Neckline is Broken! So, I Predict a Bullish Move📈 --------------- TARGET: 1.36780🎯