Analysis on BTC - As we can see the double top and divergence as well so should be reversing in the trend to bearish
Hello,Traders! EUR-NZD has almost hit A resistance cluster of the Rising and horizontal support Then formed a double-top on The 4H timeframe and is going Down so I am expecting a Retest of the target level below Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Its showing double top so when neck line breaks we set order type sell stop with the following below instructions DOUBLE TOP TRADE TYPE SELL STOP Entry Price: 1.48266 Stop Loss 1.52613 TP1:1.44021 TP2:1.40051
On the chart we can see a double top occurring for LLY. The RSI is showing a bearish hidden divergence and the last candle is bearish as well. We are expecting it to break the current support level, and hit our target. More details are shown on the chart. Good luck!
Double Top is almost formed, and Powell's news could bring this formation to its knees. The target price is 25800, where VPVR shows some resistance, but right under that is another hole in VPVR all the way to 25k. At the same time, waves on 4h chart crossed the local top, starting a jump from 50 RSI level.
GBPUSD is correctively moving to a double top range which we could potentially see a short opportunity to the bottom of the larger correction. Wait to see if we get a reversal and bearish confirmation. Thanks Trade Safe **If you found this idea helpful in anyway, hit the LIKE button and FOLLOW me for more analysis and educational ideas** Leave a...
In our previous analysis, gold has achieved our targets after bouncing off the area we referred to. Currently, on the hourly and two-hour timeframes, gold is forming a double top pattern with a divergence on momentum indicators, indicating a lack of liquidity to push prices higher. We are waiting for the price to break the support and neck line of the pattern...
On The Daily Time Frame The XAGUSD Price Reached A Major Key Levels ! Currently, The Price is in forming a head and shoulders pattern. So, I Expect a Bearish Move 📉 i'm waiting for a Breakout in Neckline ... TARGET: 20.308🎯 ---------- if you agreed with this IDEA, please leave a LIKE, FOLLOW or COMMENT!
Been eyeing NVDA for quite some time now after playing the breakout from the inverse head and shoulder's it had been holding. However, with broader market conditions being what and where they are, looking for a bit of a retrace here on NVDA prior to its earnings. Overbought on almost every timeframe, MACD Death Cross, bearish divergence on the RSI, as well as a...
BTC 4h ⏰ TimeFrame 4h 👉 White trace, (maybe yellow) 👉 "This is the Way" 👉 Fib Measure as pattern "slant M" ✔️Logarithmic (Log) Chart
H&S developed the top of the right shoulder. Based on the current sideways action, it could be invalidated soon, but we also need to consider a current FUD around USDC. A price target is in the low 19000s, Which corresponds with yesterday's invalidated double top formation.
BINANCE:BTCUSDT Hi , Trader's .. Like Games of throne , we all waited for dead's to come Same like in bitcoin , worst is coming , as per strong technical analysis of 1 week Bitcoin is targeting weekly support level which at 5500$ area . Billion's of dollar will be erased from market if this happen Millionaire become zero , billionaire's holding btc loss...
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 15m chart clearly shows double top forming, with a possible price target of precisely 19000. I love when a target is a round number. That makes me more confident in the analysis. Also, down on the waves, you can see the local top that indicates uptrend exhaustion, and the aggression of selling is below zero.
Bitcoin has formed a double top formation on a 1W time frame, potentially breaking 200D SMA and falling through the gap on VPVR on the right to the first serious support in orders history. The price target is 17450, which means a retest of a 17500 round price resistance. Waves have shown a local top, and the aggression of selling is now below zero. Of course,...
Support/Resistance Possible double top Short Entry 182 Stop 202 Target 150, 120 Risk management is much more important than a good entry point. I am not a PRO trader. In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
Ger40 Dax Double Top, 2618 Short Setup. Support Resistance Change..
the EURJPY price touched The Weekly Resistance Level ! Currently, the price formed a double Top Pattern ! i'm waiting for a breakout 🔥 then! we will see a huge bearish move 📉 -------------------- if you agreed with this IDEA, please leave a LIKE, FOLLOW or COMMENT!