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.
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.
POTENTIAL BULLISH ENTRY Dow Theory In Place - higher highs and higher lows Expected in Place (Trend continues) Formation of bullish flag coupled (continuation pattern) and double bottom coupled with bullish divergence 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) SL & TP Levels are defined.
Hey Traders ! The USDCHF Price Reached a 0.5 FIB Level ! Currently, The Price Formed a Double Top Pattern ! The Neckline is Broken 🔥 If Price Stays Under The Key Zone, USDCHF Can Continue The Bearish move ! ----- TARGET: 0.88650🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
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.
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. If the price action does not follow the plan mentioned in the chart then, The support zone is 1786 and 1836; (watch out for your levels)
Hello Traders💖💖 The EURCHF Price Formed a Double Top Pattern ! The Neckline is Broken 🔥 so, I Expect a Bearish Move 📉 i'm waiting for a retest... ----------- TARGET: 0.97430🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
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.
The price is currently trading just below 200SMMA as the key resistance under the assumption that its major 4-wave triangle breakout could be possible with double bottom pattern and MACD golden cross. This bullish scenario has the downside is -8% and the upside is +10 - 20% with RRR: 1.5-2:1.
Though within a range, the US dollar was able to incite bullish traction last week as the 131.000 level remains a zone for buying power and a strength for the Dollar is likely following the Federal Reserve Governor Christopher Waller's comment on more monetary tightening despite evidence of a steady drop in inflation figures. Higher interest rates tend to benefit...
Double bottom increasing Vol Possible T/L break Stop out under 8.75$ first P/T 12.50$ 2nd P/T 14.50$ keep an eye on real estate news see if we get any relief in the market
Bitcoin on the 4 Hour has printed a Double Bottom with Stopping Volume on the Second Bottom at the 1.414 PCZ of a Bullish Butterfly and at the 100 Period Simple Moving Average. In the next 2 minutes we will see the current 4 hour candle close and a new one will begin which is where it will show rather or not it wants to confirm the waning of Negative Momentum on...
The enckline of the double bottom, which is also the top trendline of this rising channel shown here. Is currently still resistance, however should it start to close a few consecutive weekly candles above this neckline/top trendline and then trigger the breakout the target would be around 9 cents. *not financial advice*
I love double bottoms and tops when they succeed, because they often give us more than the typical 1.5x measured targets after succeeding, 2x or even more. Harvest Finance (FARM) may be about to print a double-bottom reversal. OBV has been trending up during the entire move down as well. Targets with weekly resistances and support on the chart.
1H TF: Double bottom on the 30 min tf & 1 hr tf. Let's see if price will break resistance to the upside and turn it to support. I'd expect a bullish run if that happens. Indicators: RSI tested MA and might push to the upside. MACD: EMA crossover to the upside.
We've got some decent MACD divergence backing us up here looking to attempt to make a higher low than the right shoulder at a Fibonacci confluence area. I think we may attempt a secondary breakout above the resistance line.
The Price trading near strong and crucial support level of 2730. Price formed Double Bottom chart pattern near the support level. If price holds this level that we can look for short term upside. If price breaks down the support level of 2350 than more fall can be see in next coming trading sessions.