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...
Hi Traders ! On Tuesday 28 Nov, The GBPUSD Reached a Resistance Level (1.27213 - 1.27466) 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: 1.24980🎯
Suggested decline ↓: The currency pair is forming an ascending channel and a double top The retest does not help the breakout. 1) Double top, buyer weakness 2) Resistance retest did not reach the high, strong zone 3) Correction after resistance retest 4) Zone of interest at the moment below 1.2603
Hello Traders ! Previously, The EURNZD Price Formed a Bearish Double Top Pattern. Currently, The Price Reached a Support Level The Support Line is Broken ! So Let's Expect The Bearish Scenario: If The Price Breaks The Support Level and Closes Below That, I Will Sell on Retest... TARGET: 1.72600🎯
Hello Traders ! On The Daily Time Frame, The EURCHF Reached a Resistance Level. The Price Formed a Double TOP Pattern. Currently, -The Neckline is Broken. So I Predict a Bearish Move 📉 i'm Waiting for Retest... ----------- TARGET: 0.94820🎯
Hello Traders ! -The EURAUD Failed To Create a New Higher High. -The Price Formed a Double TOP Pattern. Currently, -The Neckline is Broken. So I Expect a Bearish Move ! Let's Wait for Retest... ----------- TARGET: 1.64800🎯
Analyzing the chart provided, it is evident that there was a break of the trendline earlier this month, followed by a reversal of the trend upwards. Currently, there has been a break of the supply zone and the 0.5 Fibonacci level, after which the price is undergoing a retest of the same level. The Moving Average Convergence/Divergence (MACD) divergence before the...
Things don't look good for Bitcoin in Daily time frame. I am waiting for reversal in the next days. We have multiple bearish signals. 1) Double top 2) Rising wedge 3) Bearish divergence in RSI 4) Trading Volume is dropping Targeting price : 1st Target: 34000$ (from the rising wedge) 2nd Target : 32000$ (previous Break of structure, so now it's possible...
Like many other stocks AAPL has been on a sharp rise up since testing its 200 day MA. After testing the 200 day MA AAPL has broken out of a descending wedge to the upside. My conservative price target was $196 which was $2 short of its all time high. Momentum has started to slow and it is looking like AAPL is ready to retest its 200 day. Negative divergence...
We're spotting what looks like a double top formation with a neckline yet to be broken! If we see a decisive breakdown below this level, we're likely to witness a slide towards the $12 region, marking an approximate 18% descent. It's a waiting game for now, as a breakdown could open up a short opportunity. However, should there be a surprise shift and we break the...
Price is facing tons of resistance. I think is going back to the support blue line. I just bought some puts as shown. Also we have a double top that is pushing the price down.
Hi Traders! There is a potential double-top pattern on the GBPUSD 3H chart around the new monthly high. Price Action 📊 After the break above the previous monthly high at 1.24286, the market traded with further momentum and reached the new monthly high at 1.25058, then had a pullback to the neckline support at 1.23740. The market is now re-testing 1.25058, and...
MINA/USDT is hinting at a classic reversal pattern that we should not overlook. The potential Double Top pattern observed is a strong indicator of a possible shift from the recent uptrend to a downtrend. The neckline of this formation is yet to be broken, but if it does, it might lead to a significant price drop. This bearish setup would be confirmed with a...
EURJPY bullish trend but making with double top reversal pattern + divergence on 1hours time frame. EURJPY sell stop Entry point :- 161.896 Stop lose :- 162.410 Risk :- 0.5% Target 1 :- 161.382 Target 2 :- 160.868 Target 3 :- 160.354
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 suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 0.8040 followed by 0.800. What you guys think of it?
AUDUSD is trading a double top near the neckline breakout 0.65923. Break and retest neckline breakout targets: 100% AB: 0.62907 150% AB: 0.61397
Is EURCAD 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 1.4590 followed by 1.4500 What you guys...