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MarcPMarkets MarcPMarkets PRO ETHUSD, 60, Long ,
ETHUSD: ETHUSD Perspective And Levels: Bottoming Formation Hourly.
3606 21 75
ETHUSD, 60 Long
ETHUSD Perspective And Levels: Bottoming Formation Hourly.

ETHUSD update: Failed low (double bottom) formation appears on 1 hour time frame which is a trigger for a swing trade long. I am in from 309.95 (50% position size) with a target of 335 and STOP of 294. Reward/risk is about 1.5/1 (this will change as I make adjustments based on new price action). I updated my previous post as soon as I took the position. The push ...

AndresThomasShirakawa AndresThomasShirakawa PRO IOTUSD, D, Long ,
IOTUSD: IOTA AND THREE WARNINGS
108 0 5
IOTUSD, D Long
IOTA AND THREE WARNINGS

After breaking the main trendline, added to a critical level of support. People are seeing minimal recoveries (the tree) without seeing the forest, as they were the previous days. First, if IOTA can reverse the trend, if IOTA can form a double bottom with points B and C. And the most difficult of all, if he manages to cross an important and bearish kumo. Below I ...

Nimesh1991 Nimesh1991 EURUSD, 60, Long ,
EURUSD: Power of close double tops & down
69 0 3
EURUSD, 60 Long
Power of close double tops & down

This chart emphasizes the power of double tops and double bottoms and then how market reversal works, second, how it is important to adjust your stop loss according to the market trend, there were two false breakouts upon the two resistance levels with massive lower bearish candles, this is why you should either exit before the resistance price level or take some ...

LookIntoTrade LookIntoTrade GBPJPY, D,
GBPJPY: GBPJPY - double bottom (?)
49 0 4
GBPJPY, D
GBPJPY - double bottom (?)

A double bottom may be forming in GBPJPY. But it may be better to wait for confirmation, i.e. the price must close on daily above the breakout line.

LookIntoTrade LookIntoTrade ORCL, D, Long ,
ORCL: Double bottom in ORCL.
28 0 7
ORCL, D Long
Double bottom in ORCL.

A nice double bottom in ORCL. PS: Visit us at lookintotrade.com for more backtested (!) ideas.

LookIntoTrade LookIntoTrade DRI, D, Long ,
DRI: Double bottom in DRI
9 0 4
DRI, D Long
Double bottom in DRI

A nice double bottom in DRI. PS: Visit us at lookintotrade.com for more backtested (!) ideas.

YaseenG.Housari YaseenG.Housari EURGBP, 240, Long ,
EURGBP: EUR/GBP Resistance-turned-Support
554 2 16
EURGBP, 240 Long
EUR/GBP Resistance-turned-Support

this setup is to hot to miss people!!! is EUR is aiming to hike again ?the pair was falling since first day of the month and i'm not surprise finding a support level at 0.8800, cause if you take closely this level was a major resistance and if you pop up your fibonacci retracement level of the big move you'll notice that 50% fit perfectly on the same level, i'm ...

MarcPMarkets MarcPMarkets PRO ETHUSD, 240, Long ,
ETHUSD: EHTUSD Perspective And Levels: Double Bottom For Swing Long.
7019 46 98
ETHUSD, 240 Long
EHTUSD Perspective And Levels: Double Bottom For Swing Long.

ETHUSD update: 315 support reached as pin bar appears on this time frame to show a possible double bottom formation. I am long at 321.24 (50% of position size) with a stop at 314 and target of 345 Risk/reward is about 3:1). The retest of the 315 level has played out as I wrote about in my previous report. And the price action at the moment is showing a bullish ...

Roker1 Roker1 PRO GBPCHF, 60, Long ,
GBPCHF: GBPCHF long opportunity
175 0 14
GBPCHF, 60 Long
GBPCHF long opportunity

Hi guys, if you know my trading style you would know why am i looking at this pair: we're bouncing back from a previous daily structure and in doing so price created a sequence of higher highs higher lows giving us an additional signal upon our long bias. If you zoom in the chart you would notice a double bottom formation happened right inside that blue box that ...

cryptolid cryptolid UBQBTC, D, Long ,
UBQBTC: UBQ Double Bottom
119 0 2
UBQBTC, D Long
UBQ Double Bottom

Double bottom on the 1D, 24,000 sats and below is a very good entry

AndresThomasShirakawa AndresThomasShirakawa PRO DGBBTC, 240, Long ,
DGBBTC: DGB ARISE
634 1 8
DGBBTC, 240 Long
DGB ARISE

I must admit it was always one of my favorite coins. After forming a double bottom (I do not believe much in this kind of patterns) but came back resulting in previous charts how the double tops. The lines are perfect, the bottoms, the neckline, the cruising trendline. Everything is given and if the volume accompanies DGB is likely to reach the two objectives. ...

Krystiannwk Krystiannwk PRO TKSBTC, D, Long ,
TKSBTC: TKS unusual attempt to trade
166 0 6
TKSBTC, D Long
TKS unusual attempt to trade

This coin chart is very different from the rest of altcoins. I marked channel and it is very obvious that the coin is trading in between theses two levels(yellowish rectangle). It is quite possible that the coin will reach highest high again in some time unless the channel will be broken and down trend will occur. I marked double bottom as well. I think SL ...

justlasse justlasse MU, W, Long ,
MU: Second idea MU will it retest on support after morning star?
67 3 4
MU, W Long
Second idea MU will it retest on support after morning star?

Just using ideas for my own learning, but would love feedback in my progress of learning to read charts. Still mainly paper trading, only a few longs in stocks and crypto. Just to experiment.

lockasch lockasch CVCBTC, 240,
CVCBTC: CVC double bottom
126 0 5
CVCBTC, 240
CVC double bottom

Wait for confirmation with nice volume. Buy in at the support line

tom_mok tom_mok EURJPY, 30, Long ,
EURJPY: EURJPY Buy
92 0 7
EURJPY, 30 Long
EURJPY Buy

find trendline retest and try to use 2618 to buy. Goodluck

LookIntoTrade LookIntoTrade EURJPY, 60, Long ,
EURJPY: EURJPY - long
54 0 5
EURJPY, 60 Long
EURJPY - long

A double bottom occurred some days ago: confirmed, because it closed on daily above the horizontal line (note that it is more clear on a daily scale). Later, however, the pair went down. Please note that this happens very often in this type of pattern and it does not mean you should become suddenly bearish. So if you did not buy when the double bottom confirmed, ...

SN_Doumet SN_Doumet PRO EURJPY, 720, Long ,
EURJPY: EURJPY - STAYING EXTRA CAUTIOUS AND CONSERVATIVE
205 2 19
EURJPY, 720 Long
EURJPY - STAYING EXTRA CAUTIOUS AND CONSERVATIVE

For the Wave traders out there in my opinion we are in what we call an Expanding Diagonal. For this exact reason I gave this title to the post because Diagonals usually occur at the end of trends and could signal that a reversal is in the making. Of course we also have Leading Diagonals but those occurs less often and after looking at the bigger picture (W TF) ...

anuragcoma15 anuragcoma15 PRO BANKBARODA, D, Long ,
BANKBARODA: Bank Of Baroda - Running up!
26 0 1
BANKBARODA, D Long
Bank Of Baroda - Running up!

NSE:BANKBARODA had a very nice consolidation and then made double bottom and the bottom! Stock has started its upward journey. Buy BankBaroda above 143.5 CMP -> 141.80 Target -> 152 / 157 / 168 / 177 / 188 and above

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