SOXL has reached a major bullish level here, with great possibilities for calls/shares. Chart Event: Quadruple Bottom on Weekly, Double Bottom on Daily Confluence: Rising volume each time price action nears this level Bouncing neatly at weekly 200EMA Strong weekly bullish divergence Strong daily bullish divergence Chip shortage continues to benefit...
The previous setup on Gold that was shared has not played out as thought. There was no entry trigger which was a break below the support, but of course we didn't expect it to break right then and there, though it is taking longer than expected. We see the chance of a double bottom bullish continuation playing out, but there is still a bearish continuation that I...
Anchor seems to have found some supprt with a double bottom on the daily. Looking at $2.08-$3 as next resistance and $4 as the resistance after that. The volume is also picking up.
The technical figure Double Bottom can be found in the Swiss company Novartis International AG (NOVN.vx) at daily chart. Novartis International AG is a Swiss multinational pharmaceutical corporation. It is one of the largest pharmaceutical companies in the world. Novartis manufactures the drugs clozapine (Clozaril), diclofenac (Voltaren), carbamazepine (Tegretol),...
Looks like FORTH will attempt to break above the neckline of a Double Bottom is has printed on the Daily Chart and historically this has resulted in quick but huge spikes to the upside so it will likely do the same this time too.
LOW (Lowes) stock price has double-bottomed above $200 trendline & horizontal support. Entry: $204.12 Profit Target +6% (exit): $216.43 Stop Loss -3% (exit): $197.92 Utilize stop loss, profit targets, position sizing, and risk management. Note: Many stocks and ETFs have already rallied up for the past two weeks, which makes this stock a potential laggard...
Honestly, there are countless possibilities and patterns for Bitcoin right now. I am focusing on a Potential Double Bottom (W) Pattern since I am following that Idea since mid-December 21, for now, there's more evidence that this actually can be a Double Bottom Pattern. Just FYI, Weekly was charted here. As said above, there's a Chance that Bitcoin is evolving...
#RUNE/USDT $RUNE shaped a double bottom pattern and also price broke out from descending resistance. 🐮 price possibly will have pullback to broken line to support zone around $7 then if success to hold that support it will head up to resistance zone and 2 fib level to complete double bottom pattern.
We have tow bottoms at the .786 retrace PCZ of this Bullish Gartley with the addition of Bullish Divergence and if it plays out Shiba Inu could go absolutely insane as it has historically except this time there would be a tremendous technical argument as to why it does rather than it just being for the memes.
Crazy weekly chart Double bottom on .886 Closed above previous local high TP1 - 0.0157 TP2 - 0.0351 Easy 70% in current market conditions
Looking at weekly gold chart, we might have a choice to believe that either it's going up or down. Some says, the cup and handle pattern has almost carried out in the big picture, plus the double bottom has just completed and the neck line testing is undergoes . Whilst, other may say the double top is dominant as the war is tentatively near the end supporting by...
- eCash is turning bullish, right now the coin is breaking out of the bullish rectangle. - On the daily chart we can spot a double bottom reversal pattern + trendline breakout. - Profit target is previous all time high. - The neckline is breaking out and volume favors bulls.
2 interesting patterns in btc. Triangle and double bottom breakout happening with a retest of breakout. This has great potential to send btc price to 60k level within 1-2 months period.
OANDA:AUDUSD AUDUSD formed a double bottom pattern on the 1H, and it broke resistance and is making a possible retest
This is a riskier trade than normal so i will be reducing my size on this trade but will be targeting insane movement to the upside.
HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE. NEW WEEK, NEW OPPORTUNITIES. LOOKING AT THE AUD / DOLLAR * The PAIR has been trading in a Ascending channel , just tested the roof of this structure creating a double top at resistance level now in a delay range possibly signaling a shift in momentum. - Short term the pair is in a up trend on lower...
Welcome back! Here's an analysis of this pair! **EURAUD - listen to video analysis. We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your...
Could retrace a bit before reaching the purple wedge target. Double bottom neckline should maintain support but no guarantee it will correct that much. *not financial advice*