The American Dollar Index (DXY) appears to be forming a double bottom pattern similar to the one it formed in March 2022. This pattern is considered a bullish chart pattern that indicates a potential trend reversal from a downtrend to an uptrend. A breakout from this pattern could trigger a significant rally in the dollar, possibly up to the 110 price...
Potential Bullish Entry Dow Theory In Place - Higher High and Higher Low Expected in Place Formation of DOUBLE bottom coupled with bullish divergence (Bullish reversal pattern) SL & TP Levels are defined.
NSE:BAJFINANCE had formed a double bottom pattern and have taken a breakout. NSE:BAJFINANCE has break the neckline with a big bullish candle. Take a long position. first target 7053 second target 7525 stoploss below 6388
The price Trading in Descending Parallel Channel. Double Bottom Neckline Breakout seen in daily chart.30% Correction Seen from 7778 Level. Looking Good for investment point of view. Positional Targets 6100/6344/6505+
Potential Bullish Entry Dow Theory In Place - Higher High and Higher Low Expected in Place Formation of double bottom coupled with bullish divergence (Bullish reversal pattern) Entry at the break of trendline, SL & TP Levels are defined.
- AMD is in a rising trend channel in the medium long term. - AMD has met the objective at 96.47 after a break of the double bottom formation. - The price has now fallen, but the formation indicates further rise. - AMD has marginally broken up through resistance at 85.00. - Overall assessed as technically positive for the medium long term. *EP: Enter Price, SL:...
Potential Bullish Entry Dow Theory In Place - Higher High and Higher Low Expected in Place Formation of double bottom coupled with bullish divergence (Bullish reversal pattern) Entry, SL & TP Levels are defined.
Potential Bullish Entry Dow Theory In Place - Higher High and Higher Low Expected in Place Formation of double bottom coupled with bullish divergence (Bullish reversal pattern) Entry, SL & TP Levels are defined.
Potential Bullish Entry Dow Theory In Place - Higher High and Higher Low Expected in Place Formation of double bottom coupled with bullish divergence (Bullish reversal pattern) Entry, SL & TP Levels are defined.
Potential Bullish Entry Dow Theory In Place - Higher High and Higher Low Expected in Place Formation of double bottom coupled with bullish divergence (Bullish reversal pattern) Entry, SL & TP Levels are defined.
CADJPY was in Bearish run. It seems that It will go Bullish if the trend breaks at 99.835. Analysis A Divergence can be seen on RSI indicator. Also a double bottom reversal pattern indicates a possible reversal. To make sure, trend needs to break the previous LH and then it will rally towards estimated TPs. Entry can be taken on below mentioned...
Daily Inverted HS with a TP 2 near 11 dollars Weekly Wedge or Double-Bottom with more conservative TP 1 and 2. See related BTC pair chart linked below, which supports more aggressive targets for the USD pair here.
Potential Bullish Entry Dow Theory In Place - Higher High and Higher Low Expected in Place Formation of Harmonic Bullish reversal Pattern AND DOUBLE BOTTOM coupled with bullish divergence at potential reversal zone (PZR) Entry at the new HH SL & TP Levels are defined.
Trendline Breakout + Double Bottom Neckline Breakout Strong day close Retracement Level 545 Support @535 & 507 Possible Targets 580/600/650+
The price corrected almost 55% from the all time high level of 1280. Now price near the weekly support of 550 and formed double bottom structure on weekly timeframe. price indicating perfect low risk & high rewards setup. The level of 550 is strong support level for the price & my initial targets will be 655/700/788 for the upside momentum of stocks. If price...
The price corrected 16% from the level of 820 and price continuously formed lower lows & lower highs. And now price formed DOUBLE BOTTOM formation on daily chart which considered as bullish formation for the price. Downward trendline also resisting the price from the upside. If price breaks the level of 810 and closes above it than target will be 722/740/760...
We have been looking at this pair and waiting for various patterns to form which will assist us to form a basis for the potential direction of the pair. Our trades are based on the higher time frame trend, being the weekly and monthly charts in order to avoid excessive noise of the lower time frames. We can see that the pair remains bullish despite the pair...
• TSLA has finally made a bottom signal above the support line at 154.76, indicating that it should jump to higher levels; • The problem is the key point around 164, a previous support level that is acting as a resistance now. This is the same key point we mentioned in our previous TSLA analysis – the link is below this post, as usual; • Also, despite the bearish...