On the 1hr chart, EURAUD has given 3 patterns in 1. An overall double top at the 800ema resistance, with the first leg being a head and shoulders formation, and the second leg is a double top. Both at 800ema resistance. If you flip over to the 4hr chart you will see a perfect double top at resistance. Thank me later
Welcome back! Let me know your thoughts in the comments! **EURCAD Analysis - Listen to video! 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...
EURUSD is on the verge of starting a sell-off. I am expecting in Impulse Wave in Minute C (red). The greenback (DXY) should be able to commence a Bullish Retracement. EURUSD under pressure. My Euro-Dollar Technicals: * Ending Diagonal in Intermediate (C) (white) * Complex Double Three Correction * Hidden Bearish Divergence * Harmonic Pattern: Bearish Cypher in...
AUDUSD is showing considerable weakness signs. The structure on the up-side since mid-December is Corrective. A sell-off in a big degree is expected. I am anticipating Intermediate (C) (red). My Aussie technicals: * Ending Diagonal in Intermediate (C) (white) * Elliott Wave Reversal Pattern * Upcoming Bearish Divergence * Running Flat in Minor B (white) *...
hello guys... I apologize for my absence and there was a gap between my posts...My people are enduring difficult conditions after the killing of #MahsaAmini, and I am one of these people... gold formed a double top pattern at weekly time frame and in this week break out neckline and engulfed flag at this level so at least will reach to $1350 zone that shown in...
Bearish Indications 1. Double Top Formation 2. Significant Resistance 3. Bearish ABCD Pattern 4. Bearish Divergence Bullish Indications 1. Higher Highs and Lows
Looking for a sell opportunity around the 99.30 range. Price is correctively moving towards an area of interest which could see react to a double top. Look for an entry that fits your trading plan. Thanks Trade Safe
Just check how perfect the trade it was! Proper Breakdown & then perfect Entry on retest , Technical Analysis is must to become successful Trader.
Trading is all about patience. If you’re not patience, the probability of failing is very high. Here is my thoughts of EURUSD Simply break and retest. Looking for short positions to next area of interest. (1.04500 ) Look at smaller time frames for patterns such as double tops and double bottoms for more confirmation. Remember to trade responsible. This is not...
Going into the new year, I am watching NYSE:WMT for a short/take profit opportunity. Walmart tested and closed below the all-time high of 2020 ($153.66) for the year, showing signs of falling in 2023!
Price failed to break highs, Looking for a short term sell opportunity to 1.0610 Thanks Trade Safe
Price is currently in a bearish continuation from a reversal impulse as price failed to continue higher. More downside is expected. Thanks Trade Safe
Interesting things are printed here. Just broke out from the bull flag. It could be double-top finishing or flat-top starting. On higher TF we have space for further movement up also, but the lower timeframe oscillator looks ready for some cooling-off action. Either way, YFDAI is an interesting one to watch. Set alerts on important levels (on the chart) if you...
Trading is all about patience. If you’re not patience, the probability of failing is very high. Here is my thoughts of EURNZD I am currently 150 pips in profit. I am now looking for an additional entry. Lets see price go back up to 1.68250 and look for exhaustion, double tops, bearish engulfing on the smaller time frames for confirmation to go downwards some...
HTF Bearish LTF Bearish Double Top Ascending channel, strong impulse breakout. Looking for more downside after LTF correction. Trade Safe Thanks
Expanding channel with a bearish impulsive rejection on a double top, followed by a corrective structure. A rejection at the third touch of the corrective structure on the lower timeframe will suffice for a short position, down to the low of the expanding structure.
HTF Bearish LTF Bearish Ascending channel Double Top Looking for more downside to come in the next coming weeks. Trade Safe Thanks
HTF Bearish LTF Bearish Double Top Ascending channel, H&S Looking for more downside to continue. If price breaks above 0.995 invalidates this sell set up. Will look for another opportunity around 1.02 area. Trade Safe Thanks