The GBP/CAD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent breakout from a Double Bottom Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours. Possible Long Trade: Entry: Consider Entering A Long Position Above The Broken Trendline Of The Double Bottom...
All based on technicals and not fundamentals. Large volume and divergences tell me we will see a pump, along with option calls holding there value regardless of todays large drop. Means there is interest and buying of them. Small cap June is here and large caps will do nothing.
Hello Traders ! The Bitcoin Price formed a new double top pattern. At the moment, Th neckline is broken ! The support line is also broken ! So, I predict a bearish move📉 _________ TARGET: 62050.00🎯
Idea based on Classical chart patterns (Daily Chart). Abbreviations: M/W/D/H = Month/Week/Day/Hour TL: Trendline DT: Double Top DTr: Descending Triangle FW: Falling Wedge Rct: Rectangle We are still close to the all time highs, and we have also seen a breakout from a 4W FW on the weekly chart indicating some buying interest left near the relative lows. When...
Yello, Paradisers! Have you been watching UNFIUSDT? If not, now's the time to pay attention. The market has formed a descending channel, often considered a bullish pattern, and the price is currently sitting in a demand zone. This combination increases the probability of a bullish move from here. Let's break it down: 💎UNFIUSDT has formed a descending channel, a...
If the $61,000 support is broken, there is a fair value gap down to $42.00. All traders should be cautious as volatility may reach maximum levels in this gap. This is also a sign that the double top pattern is working. The $61,000 support is very important.
All based on technicals and not fundamentals. Large volume and divergences tell me we will see a pump, along with option calls holding there value regardless of todays large drop. Means there is interest and buying of them. Small cap June is here and large caps will do nothing.
Here I have EUR/GBP on the 4 Hr Chart! Here we see Price has made 2 clear Lows ( Latter Lower than Previous Low ) with a High @ .84579 -Now to bring attention to the RSI Indicator, we can see Price is showing a different picture ( Latter Higher than Previous Low ) -We also have a Double Tap on the Lower Bollinger Bands These events add up to what seems to be a...
On the daily chart, NZDUSD has formed a potential double top pattern in the short term. Currently, we can pay attention to the support around 0.610. If it falls below, it will hopefully open up downside space, with the downside target looking at the support around 0.598. The short-term resistance level can be around 0.614, and short selling can be considered if...
Idea based on Classical chart patterns on a short time frame(4H chart). abbreviations: M/W/D/H = Month/Week/Day/Hour TL: Trendline DT: Double Top DTr: Descending Triangle The chart goes from Monthly(top left)/Weekly(top right)/Daily(bottom left)/4 Hours(bottom right) 1st from the monthly chart you can see the pair in a steady down trend, and maybe one could...
Hi guys If the support range of $65,800 is consumed, the possibility of completing the double top pattern and a downward trend will be strengthened. It is likely that the announced data will be the driver of this downward trend if it is announced more than expected. Considering the maintenance of the resistance range, the possibility of continuing the upward...
If you're looking for a buying opportunity on GBPJPY, focus on the double bottom retest zone between 199.62 and 199.37. Overall, I maintain a bullish outlook on GBPJPY. Key Levels: - Double Bottom Retest Zone : 199.62 to 199.37 Strategy: - Buying Opportunity : Look for entry points within the double bottom retest zone between 199.62 and 199.37. - Bullish...
10X Genomics Trend Cloud Study shows a Potential 100% Upside. This Ticker is way oversold and a Double Bottom is Seen. Very Risky and Speculative. I'm Nibbling a few $100. As always, please get a few outside Expert's Advice before making Trade or Investment Decisions. Should you appreciate my Chart Studies, Smash That Rocket Boost Button. It's Just a Click...
Hello Traders ! Previously, The CADCHF formed a bearish triple top pattern. At the moment, The price broke the support level (0.64726 - 0.64628). This key level becomes a new resistance level ! So, I predict a bearish move📉 ____________ TARGET: 0.64100🎯
Since topping out nearly 4 years ago the #LINK versus #BTC ratio has been down and to the right, with relief rallies being sold into. Clear trend of lower high's and lower low's. The trend has not been friendly to the Link Marines! Are we repeating the tale of #XRP and their faithful army? Both get dumped on by the their respective foundation or founding...
MRO has been forming this double bottom for weeks now. It looks primed and ready to test previous high of 32.50 and has room till 36
USDCHF formed a tiny double bottom pattern after a test of a wide key intraday horizontal support. I think that the price may pull back from the underlined blue area. Goal - 0.893 ❤️Please, support my work with like, thank you!❤️