✅GBP_CHF has retested a Strong horizontal support Of 1.084 and then established A double-bottom pattern So we are locally bullish Biased now and we will Be expecting a move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello Traders! I want to show you how to recognize on the chart the double top and double bottom formation. Recognizing double tops and double bottoms is a key aspect of technical analysis in trading. These patterns often signal potential trend reversals and can help traders make informed decisions. Here's a brief description of how to recognize each: Double...
Bullish signals on 3 Months, Monthly, Weekly and Daily. After a Long and Slow fall - it has formed a Huge Flag Pole pattern on Monthly and now taking Double Bottom Support to break the Flag Get ready for 2x above 2520 to 5300++
Hello Everyone 🙋🏽♂️ Triangle breakout + double Bottom 💵 Entry Point : 0.85887 ...
Overview: NASDAQ:JD (JD.com Inc.) appears to be forming a compelling technical pattern that suggests a potential reversal. The stock has developed a 2-day double bottom pattern, coinciding with a falling wedge setup, all occurring within the confines of a major descending broadening formation. Traders and investors should closely monitor these key technical...
The ratio of SILJ (junior silver stocks)/URA( uranium stocks) has reached its A-B-C target and double bottom area. It is also showing a bullish divergence on its momentum indicator. We like very much the uranium sector over the long run but are expecting an out-performance of silver stocks over the coming months.
Fashionable Analysis of CVS Stock Trends: A Parabolic Turn on the Horizon Introduction: In the realm of financial fashion, CVS stock is set to make a stylish entrance with a parabolic turn, showcasing a strong formation on the 4D timeframe. This trend is marked by the elegant falling wedge pattern and the chic double bottom overlapping patterns, following a...
Hello traders what do you think about gbpusd traders gbpusd now see a double Top (Bearish pattern channels In trading.a double top pattern is a bearish chart pattern that indicates a potential trend 📉 reversel from an uptrend to a downtrend lt is characterized by Three conservative peaks (or highs) that are approximately equal; following by a...
The Australian and New Zealand dollars slipped on Monday, guided lower by yuan weakness amid increasing deflationary pressure in China, while traders await a week packed with central bank meetings to keep buying into their interest rate-cut hope. The Aussie slipped 0.3% to $0.6556 AUDUSD , having fallen 1.5% last week in the first decline in four weeks. It...
In the symphony of crypto charts, Litecoin (LTC) unveils a hidden masterpiece—a recurring Double Bottom pattern that has quietly shaped its journey. A closer examination reveals a substantial resistance zone from $300 to $500, and the revelation of this pattern suggests a promising narrative: once breached, the path to $1000 may be within Litecoin's grasp. Chart...
Gold found support in 1995 and formed a double bottom. There is a chance that the price could rise to 2020 today, which is the key level considering a bigger pullback towards 2050 or more direct movement to lower prices in the 19xx region (explained in my last analysis). The break of the asia session high will confirm the double bottom pattern, but because of the...
Ready to embark on the hunt for the next trading ventures? AUDCAD offers an array of possibilities to satisfy that desire. For those eyeing buying opportunities, the 4-hourly chart displays a potential Double Bottom retest around 0.8922. Alternatively, a Bullish Shark Pattern might complete around 0.8878, presenting another entry possibility. On the flip...
Hello Everyone 🙋🏽♂️ Double bottom 🟠 EP 1.63599 🔴 SL 1.62848 🟢 TP1 1.64350 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️ 🟢 TP2 1.65101 ⚠️ ( Close 33% of the trade )⚠️ 🟢 TP3 1.65852 🔥 ( Final result)🔥 We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone, manage your lot size as...
We can see the bottom trendline has held support thus far and the red double bottom neckline is holding wick support. Definitely key trendlines to watch in the near future. I could see it retesting the red neckline once the weekly 50ma(in orange) comes up to overlap it for double reinforced support. *not financial advice*
GBPCAD long idea from this support zone. Will be looking to enter long positions when I see price moving to the upside! Be carful, their is CAD news coming out 4pm today! Trade carefully and manage your risk!
✅GBP_CAD is trading in an Uptrend along the rising support And the pair has established a Double bottom pattern and Is already making a rebound From the support so I think That the pair will go further up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
NZD looks very solid and the USD is loosing strength across the board. I think we will see the kiwi coming back, other pairs are getting weaker against the NZD as well like the British pound which I'm shorting. We can also see a potential double bottom fotming. I just opened a long position and expecting for a breakout soon.
Analyzing the chart provided, it is evident that there was a break of the trendline earlier this month, followed by a reversal of the trend upwards. Currently, there has been a break of the supply zone and the 0.5 Fibonacci level, after which the price is undergoing a retest of the same level. The Moving Average Convergence/Divergence (MACD) divergence before the...