Possible double top, 4th wave triangle or push through The Fourth Wave Conundrum and Pseudo-certainty in play. Nothing is for certain in this instrument. It's therefore not an object for investment right now. Does that mean the analysis is in vain. NO! It gives us the opportunity , when uncertainty is resolved we will with high probability know what will happen...
December Live Cattle is rose today off a retracement yesterday. Candle suggests a possible climb to double top at 110. Support is now 106.700. Have had an open bullish Cypher that is still possible. Cattle has seen some aggressive bullish trading for a long time now and it may not stop for a while. Double top will suggest how strong this bull market is.
CRM is forming a possible Adam & Eve double top formation. Moneyflow is diverging & now sharply heading down. It also has a lot of insider selling recently. We think it has very good decline potential. On the option side we would consider June $85.00 Puts, last traded for $5.00 * Trade Criteria * Date first found- March 20, 2017 Pattern/Why- Adam & Eve...
CLX is testing a resistance label from where it previously had a sharp decline. It also seems forming Adam & Eve double top formation. It also has Over 10 million reported insider selling. Overall it is an interesting short setup & we think it can decline down to 113 area. Please check back for Trade updates. (Note: Trade update is little delayed here.)
Doubletop on the daily timeframe. Also price touched a weekly trendline and resistance zone. Maybe we see the price drop =) Note: This is just an idea. Always analyize the markets by your own!
Hi guys, here on AUDNZD price has recently created new structure low. Besides, there's no structure looking left until 1,0750. That's why i want to get involved in this trend continuation trade. As you can see, price is now coming back to retest previous support, which once broken could become resistance, and it's having some troubles getting beyond...
Price has rejected MA200. We will se a new bearish movement...?
Price reached a monthly resistance zone. If this zone is accepted the monthly Doubletop is valid. I'll wait an see how price behaves in the next couple of weeks!
Hi traders, price made double top and then broke bullish trend line, so for me is important to look on short trades. After retest 0,618 fiba is good to go short. Everything according 2618 trading strategy.
This pair has been on the rise since the outset of 2017 but that all seems to be coming to a halt within the week or so. This is thanks to the potential formation of a double-top pattern at the daily local maximum. Target 1 has also shown very strong S&R levels in the past year so expect the pair to experience some consolidation here before its drop to the 2nd...
Here is short opportunity on gbpusd, everything according 2618 strategy.
Price recently formed double top and now i am waiting to retest 0,6818 fibo ratio. Everything is according 2618 strategy. Have a nice day!
Price hit a monthly Trendline and a weekly resistance zone. The daily timeframe build a doubletop. Red rectangle shows my SL and the green ractangles possible profit targets. Always remember to analyze the charts by your own!
Hi traders, here i want share with you my usdcad short opportunity. Recently price broke the purple trend line and here is change that price will now bounce from it. Also price was made double top, everything according 2618 trade strategy. Have a nice day.
After double top, price break the wedge. wait for a pullback to the structure for short entry or 2618 trade setup