Is USDCHF 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 0.88600. What you guys think of it
This easy Adam & Eve Top can give traders a high profit short sale opportunity. The price usually don't draw a third high prior to entering a bear market.
Hello, traders, investors and community! Today i am taking a sharp look on the retail-giant AMAZON and what we can expect in the next weeks and months! So lets start, looking on the weekly chart of AMAZON you can see this long trendline which begun january 2015 and ended october 2018 with a sharp decline in price, you can see it on my chart. It is marked with the...
Daily Chart Render Token is in consolidation phase in range 1.25 - 1.55 and it's trading at 1.485 now. Very nearly resistance Chart 4H TF BINANCE:RNDRUSDT is still uptrend and moving up to resistance around 1.55 This level is very strong, so I don't think RNDR can break out now. Besides, this level is retracement 0.618 Fib that's why I more likely for...
Is ASTRUSDT 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 $86 followed by $85 What you guys think of it ?
Is USOIL 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 $86 followed by $85 What you guys think of it ?
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. on Weekly: Left Chart USDCAD has been overall bearish trading inside the falling channel in red. USDCAD is currently sitting around the upper trendline acting as a non-horizontal resistance, so we will be looking for trend-following sell setups. on M30: Right...
📉 GOLD Analysis: Bearish Divergence & Double Top Reversal 📉 #TechnicalAnalysis #GoldTrading #BearishDivergence #DoubleTopReversal #InvestmentAnalysis Hello Traders! 👋 Today, we're diving into a detailed technical analysis of Gold (XAU/USD) on the 1-hour timeframe. Strap in, because there are some interesting findings to discuss. 📈 Overall Trend: Bullish -...
Hello,Traders! AUD-USD has retested the Horizontal resistance of 0.652 Then established a double-top Pattern and we are already seeing A local move down so I think That the pair will fall Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
The pair is testing the broken support now an important resistance. Dollar went up very hard and it may try to break up that resistance, but the massive double top gives me confidence that is going to fail the test and pair will fall. I don't have a big position this time, just moderate. If a see a hard rejection in the daily timeframe I' add.
Hello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of the Nasdaq 💪 Looking at the macro view on the monthly timframe you can see that at the moment the Nasdaq is retesting massive resistance of the 10+ years rising channel formation so I do expect a monthly push lower. Just...
USDCAD presents a compelling selling chance! 🛑 A prominent double top formation has emerged, punctuated by a neckline breach, a successful retest, and a resounding rejection at this pivotal juncture. The stars align for a favorable entry to ride the downside momentum. 🧭 Leveraging the strength of the moving average and neckline, there is a confluence of...
CADJPY has formed a price action reversal pattern double bottom on its hourly chart and the price is trading below near the NECK LINE BREAKOUT: 107.840. ST: 106.005 Targets 100% AB: 111.372 150% AB: 113.177
Monthly. SPX (candles) and NDX (line). 🤔 Of course not every double top ends in tragedy...but this looks textbook. Does anyone have knowledge of previous double top calls and what other indicators to watch?
FX:USDJPY continues to form an ascending price channel. After breaking one of the resistance lines, the price is forming a pattern that could weaken the price during the DXY stop. On the chart, I have marked two levels that are quite close to each other. Pay attention to the levels 145.06 and 144.9. The price forms a correction after the formation of a double...
The price can not breakout the blue structure but break down the uptrend from 12.680 If close goes down below 22.200 and double top will complete TP1 : 19.260 TP2 : 18.071 TP3 : 15.519 TP4 : 11.390 The TP4 is under the previous low ,the price might rebound at this area .
GBPJPY has formed double top pattern and facing healthy red candles rejection from the top. As the price is still above inclining trendline but bullish pressure seems to be limited. Will the bears take charge and send the price to downside?
WEAT the Wheat EFT has been volatile of late due to the Bakc Sea shipping deal falling apart when Russia refused to renew it. Brazil has been trying to increase whet exports to pick up from the fall off of Ukrainian shipments to Africa and others. On the 4H chart, WEAT has fallen 15% from the double tops of July demonstrating the high volatility in what is...