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!
We see here double top aka reversal pattern,waiting for a retest and then sell to next support 1.05400
EURJPY has been shaping up for a big sell opportunity as we can see price was rising within an ascending channel which impulsively broke downward forming a bearish correction. Double tops have been confirmed indicating more downside is possible. As we see many different target levels that price could test, it may take weeks for this sell to make its way all...
The EURJPY currency pair has reached the end of its upward trend, as shown in the chart. It has faced resistance at several levels and has been unable to create new highs. Momentum indicators also show signs of divergence. However, the price is now approaching an important support area where the upward trend line meets the 50-period moving average on the hourly...
ADA price has moved below the neckline forming a double top pattern. Expected price target is the measured move at ~0.27 cents.
Disclaimer - This analysis is only for Educational Purpose .....
So im looking at a textbook look at a double top pattern and this set up looks to be almost identical - There's going to be a drift higher before the fade really comes in. That may be in the form of a slight green day Thursday into Friday but I would wager that Friday is gonna start a blood bath. Worst case scenario Monday its going to drop off for a nice money...
The USDCHF Price Touched the Weekly Resistance Level 📉 Currently, The price is in Double Top Pattern ! i'm waiting for a breakout in the neckline 🔥 Then! we will see a bearish move 📉 TARGET: 0.92925🎯 ..... if you agreed with this IDEA, please leave a LIKE, FOLLOW or COMMENT!
The USOIL Price Touched the resistance level 🧐 Currently, The price is in Double Top Pattern ! i'm waiting for a breakout in the neckline 🔥 Then! we will see a bearish move 📉 TARGET 1 : 75.80🎯 TARGET 2 : 74.15🎯 ..... if you agreed with this IDEA, please leave a LIKE, FOLLOW or COMMENT!
The AUDJPY Price is in 0.6 FIB LEVEL & Double Bottom Pattern 🧐 the key level (Lower high) is broken. so, i expect a bullish move 🚀 i'm waiting for a retest... TARGET: 92.580 ... if you agreed with this IDEA, please leave a LIKE, FOLLOW or COMMENT!
UC has met requirements for a H&S/Libra setup, as well as a reversal setup and even a breakout setup. We will be using the inside bar break out setup for this trade and expect minimum 1:2 RR
So in this idee we can clearly see a nice double top formed and ABCD patter running great strong resistance line, also stoch showing that price is running above 80% about to go down to retest on the support area. Please share you comments on this idea.
Although quite risky since the potential double top is not clear enough, there is a clear ascending channel heading towards the resistance level. An impulsive rejection will determine if this ends as a reversal.
The XAUUSD price breaks the daily Support Level ,the old support becomes new resistance level ✔ so, i predict a bearish move 📉 i'm waiting for a retest... TARGET: 1788🎯 ... if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Bigger Trend is Down .......and on Smaller TF Double Top (Price Action) formed ....which Put me in a Bearish mode ...
As other major markets presently indicate similar targets, Nasdaq index also shows a pattern with measured targets pointing towards a same or slightly lower high double-top. I'm seeing this as a possibility across stock and crypto markets in correlation with a long-term bullish US Dollar Currency Index (DXY) that recently experienced a strong correction and may...
the AUDUSD is in bearish Head and Shoulders Pattern the Neckline is broken 🔥 so, i predict a bearish move 📉 TARGET: 0.66913🎯 ... if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!