Appears to be forming a HS in the weekly and double top in the monthly.
Description NKE has now rejected the 175 level for the third time, now I am tracking this Descending Triangle consolidation pattern. This could be a Double-Top pattern in the making, although the Double-Top is notoriously difficult to track, and nearly never confirmed until long after is has finished it's formation. Evidence indicative of the usual Double Top: ...
COINBASE:BTCUSD So far this is playing out as forecasted.
Mini ascending channel within a major ascending channel with a possible double top formation.
I have to say I am biased no the short side. Bitcoin has no intrinsic value, so it's value is 0. I work as a computer programmer, so I can't put value on a piece of code that I can endlessly multiply. Lets see what this speculative bubble will deliver to us. I am seeing that we are going from double top to head and shoulders.
I can see EURNZD getting in to a sell setup in 4h chart. (double top) If the neck line gets broken it can sell another 136pips. DYOR
MercadoLibre - Short Term - We look to Sell at 1262.00 (stop at 1345.00) Posted a Double Top formation. Previous support, now becomes resistance at 1261.00. We look for a temporary move higher. The bias is still for lower levels and we look for any gains to be limited. Further downside is expected although we prefer to set shorts at our bespoke resistance...
When Price got to 115.320 back in NOV price made huge bearish impulse. Will history repeat itself, and be bearish down to 4hr Trend and possibly break or bounce? What are your thoughts on USD/JPY price movement?
Forecasting a double top within the possible expanding structure while aiming for the previous major low price level.
On the weekly timeframe price formed a M or (double top) pattern and has been falling ever since. Currently, price has broken a major support area and is now retesting it as resistance. It is possible that price can break back into this old support zone and start going up, or after retesting the zone as resistance it can fall from there. I am looking to...
So, ROSE did 90% in 11 days and is already showing signs of rejection exactly at HTF range high. It is a good buy, right? KEKW Alright, back to being serious.I am seeing potentional cup and handle pattern or double top. I will be watching for bounce from 0.36-0.38 or rejection there - MARKET will soon tell us, I got a feeling :D I tried to draw some projections of...
MATIC is trending higher inside of an uptrend channel, but is putting in a potential double top. Price is trending above the short-term moving averages with all moving averages in a bullish cross. Lower indicators are all showing bullish trend and momentum behind price. Should MATIC pull back on double-top resistance watch for support in the $1.70-$1.45 area...
BTC/USD form a Double Top Pattern >>> Sell Now Price Target on Fibonacci External 1.618 or Double Top Target (yellow line) SELL >>> 49452 SL >>> 50253 TP >>> 47432 R/R ratio 1 : 2.5 Win Rate 57.5% -Fibomic International- BINANCE:BTCUSDT
Dow touched on 36446 & 36408, formation of double top in the making?? Monitor closely for 36113, if market break yesterday, market likely to have a reversal signal for short term downtrend. Besides, stochastic also about to crossing down, which signal selling sign. Suggestion Trade: Aggressive strategy: initial Short at current level 36350-36100 stop loss...
Another one of my "never correct" short outlooks. Just a technical possibility. High risk reward tough.
Market creates a double top while at resistance for a confirmation sell.
"Keep in mind that chart patterns are not some mystical way of predicting the market’s next direction with 100% accuracy, but they give us clues about the probability of a move." "Many brokers advertise online trading as a fast, easy and low-risk way of making money. “It’s easy” they say… just choose a direction and then trade accordingly. Ok, but that is similar...
from last analysis. Gold touched level 50% Fibonacci and create double top pattern. News will be published at 5:00 PM.