- QQQ has broken the ceiling of the falling trend in the medium long term, which indicates a slower initial falling rate. - QQQ has given a positive signal from the double bottom formation by a - break up through the resistance at 295. - Further rise to 327 or more is signaled. - QQQ has support at 295 and resistance at 320. - Overall assessed as technically...
On the chart of Intel Corporation (INTC), we can see two bullish reversal patterns on a daily timeframe. We can see a Descending Broadening Wedge. This is a typical bullish reversal pattern. Once the price breaks out of the upside of the pattern the highest point of the pattern becomes the target. The second pattern is a forming Double Bottom. This pattern...
Following another profitable week for us on the XAUUSD (see link below for reference purposes); Gold hit a one-month high on Friday with strong signals that it may be ready to break free of the mid-$1,800 - $1,820 range it has been trapped in the past four weeks. Following the Labor Department reporting a number that again beat forecasts but not as much as in...
✅USOIL is oversold after A panic driven move down So as the price has established A double-bottom pattern I think That we will see a Bullish correction move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
AMD has broken through the ceiling of a falling trend channel in the medium long term. This indicates a slower falling rate initially, or the start of a more horizontal development. It also gave positive signal from the double bottom formation at the break up through the resistance at 78. Further rise to 94 or more is signaled. AMD has broken a resistance level in...
hello guys... are you okay? Today, I want to analyze gold and look at its past to see what has happened. I noticed that after a sharp movement, a three drives pattern formed, followed by an engulfment of the last drive to form a QM pattern. At the same time, a double bottom was also formed, which led to the target being reached. However, I believe that gold now...
Price tapped the lowest point in history and started to push away from the zone creating a double-bottom formation. Double bottoms mean one thing, retail stops ESPECIALLY in an area of such high importance. I would like to see a sweep of seller liquidity around the order block before we return to sweep the herd of buyers. Again, no entries until I am...
The USDCAD Price Reached a daily Resistance Level ! Currently, the Price is in Strong Support Level (Broken Resistance) and he is testing a support line ! I Expect a Bullish Move 📈 i'm waiting for a confirmation... TARGET: 1.38250🎯 ... if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Alright, After Today's CPI and finally good new For Uncle Sam and Hints of a Controlled inflation, and also hitting a strong supply from daily pivots, we may consider some bullish short period trends for the week ahead. Things to consider: 1- Since the overall trend is bearish and fundamental retail news are coming in days ahead you have to also consider bearish...
Standard Lithium is Double Bottoming at the PCZ of a Bullish Gartley which also stands near the 200 Week SMA and is Bullishly Diverging on the MACD; If it can hold the PCZ and rally back above the 200 Week SMA, I think we will begin a big move up similar to $NLST.
Double Bottom formed in SGX nifty..... SL can be kept Around....17298 lvls.... Only for Educational Purpose......
XAUUSD successfully finished it Double Bottom pattern and going to reach the Fibonacci Cluster #fibomic #XAUUSD
Dear community and my loyal followers. I would like to share one of my best analyses which proves all my analyses have been posted since 2022 June . I'm looking at monthly timeframe. As you see on the bellow indicator, after consecutive green columns when price created equal highs, a grey column appeared on monthly & marked BTC bottom + a new bull run start....
Price action has been moving within a falling wedge structure which as we know is a reversal structure in nature. We may get another leg down to a double bottom area before price climbs up as we can see a corrective movement after a strong impulse this past week. I will wait to see if price is able to retest the upper boundary of the wedge structure to give a...
The double top we had was invalidated twice, creating a smaller double bottom pattern, which is already broken and now retested. A potential target is 20320, and above that price, we have a big hole in VPVR, which can help the price rise above this level too. To me, this seems like a fake out, based on the waves indicator at the bottom, but the long option is possible.
The XAUUSD price breaks the daily Resistance level ,the old resistance becomes new support level ✔ so, i predict a bullish move 📈 i'm waiting for a retest... TARGET: 1875🎯 ... if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Okey, NZDUSD Bullish signal on 1h, 2h, Time Frame Chart, Today COMING SOON Bullish SIGNAL in this PAIR, NZDUSD create DOUBLE BOTTOM pattern.
Okay, NZDCAD respect daily time for Support and trade move to continue the channel. NZDCAD builds up DOUBLE BOTTOM Pattern with BULLISH FLAG Pattern and breaking Flag range with retest 30 Mint chart EXPONENTIAL 20, 50, 100, 200, Cross over all EMA and Retest 20 EMA, 50 EMA, MOVE UP SIDE again. then I open Long Trade.