✅CHF_JPY went up but Then is hit a horizontal Resistance level of 166.656 Then established a double-top Pattern and is going down So I am locally bearish biased And I think that we will see A further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Another double top, looks like is going down. SL if a daily candle closes above the trendline. The GBP is struggling across the board.
ETH/USD is in an Ascending Triangle Pattern. We also have what could be a Double Top as well. Ascending Triangle Pattern = Potentially Bullish Double Top = Potentially Bearish Here is a closer look at this 1day chart. Note the Liquidity Void being filled up at the moment. Here is a closer look at the RSI. Momentum is downwards at the moment but note the over...
Hi Traders ! On Thursday 7 Dec, The USDCAD Reached a Resistance Level (1.36070 - 1.36269) The Price Formed a Double TOP Pattern. So We Have a Bearish Scenario: If The Market Breaks The Neckline and Closes Below That, We Will See a Bearish Move... TARGET: 1.35000🎯
The double top broke down the uptrend line and now the pair is testing the broken support zone. It has heavy resistance above, the trendline and broken neck of the double top. Give it a wide SL, it may try to test both, I'll add at every attempt to break up. I don't think is coming back before touching the support blue line.
FX:GBPUSD is set for further declines as the TVC:DXY will continue its strength on the back of Friday's NFP, which will weaken the pound sterling. On d1 we see consolidation and retests of key liquidity areas. Since the opening of the session the market has been testing local areas and the pound is forming a small correction, most likely from the nearest...
Is NZDCAD exhausting at highs? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 0.88600 What you guys think of it?
Ready to embark on the hunt for the next trading ventures? AUDCAD offers an array of possibilities to satisfy that desire. For those eyeing buying opportunities, the 4-hourly chart displays a potential Double Bottom retest around 0.8922. Alternatively, a Bullish Shark Pattern might complete around 0.8878, presenting another entry possibility. On the flip...
The GBPUSD currency pair has established a distinctive double top pattern, coupled with a discernible bearish divergence, as observed on the 1-hour timeframe. This confluence of technical indicators suggests a potential forthcoming downward movement. Our strategy involves initiating a trade position when the neckline of the double top formation is breached to the downside.
AMEX:SPY CBOE:SPX The next 12 months ---------------------------------- It's looking like this rally is set to pullback before one final push higher to the 480 area to create a Double Top That's 5% higher from current levels plus whatever pullback we get now Then a CRASH📉 of at least 35% even more for the #NASDAQ SPY could go higher than 480 but I'm not...
Double Top possibility here, expect it to be much more likely to occur if the US Dollar Index TVC:DXY moves back above the red box shown below: This has been a long-time theory - if DXY moves above the 112-114 highs from a while back, we'll see double tops across many markets, crypto and stocks. Stocks may be the first to drop as they're already approaching...
We expect further downside on this pair, signalled by the double-top pattern breakout. We can also see the breakout of a key level which further supports our directional basis.
As We Talked in The Previous Analysis: On Tuesday 28 Nov, The GBPUSD Reached a Resistance Level (1.27213 - 1.27466) The Price Formed a Double TOP Pattern. Currently, -The Neckline is Broken ! So I Predict a Bearish Move 📉 Let's Wait for Retest... ----------- TARGET: 1.24980🎯
Is AUDUSD exhausting at highs? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 0.88600 What you guys think of it?
My Point of View about Bitcoin still Same. I looks a Bubbles Condition at TF 1M, I saw a Double Top Pattern Which mean Price can be Drop significantly. Please use a free money for buy a bitcoin or another altcoins. I Believe Bitcoin will Hit 100K$ it just a matter of time. At this moment we must follow the news from US about Inflation. THE FED still Hawkish...
Hello Traders ! On Tuesday 21 Nov, The AUDCAD Reached a Resistance Level (0.90318 - 0.90567) The Price Formed a Double TOP Pattern. So We Have a Bearish Scenario: If The Market Breaks The Neckline and Closes Below That, I Will Sell on Retest... TARGET: 0.87950🎯
Hello Everyone 🙋🏽♂️ RSI +Supply zone + double TOP 🟠 EP 15.804 🔴 SL 17.263 🟢 TP1 14.226 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️ 🟢 TP2 12.856⚠️ ( Close 33% of the trade )⚠️ 🟢 TP3 11.398 🔥 ( Final result)🔥 We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone, manage your lot...