From a technical perspective, there hasn't been a definitive signal indicating a trend reversal for the SPY 500. Back in May to October 2023, the SPY exhibited a clear "M" pattern or double top, experiencing a drop of approximately 5%, retracing back, and then dropping around 10%, forming the M pattern. If we compare this M pattern with the current price action,...
This trade hit Stops this high wasn’t a strong enough supply I will be looking at the yellow bar at next level of supply
EURNZD may bounce from a key intraday support. I see a double bottom after its test and a strong bullish imbalance on an hourly time frame. Goal - 1.805 ❤️Please, support my work with like, thank you!❤️
Possible double bottom here. Watching for a continued push to the trend line and major monthly resistance.
After a nice bearish candle we should see price come down from the level
After this sell off a bunch of great entry points came up. I found this one, risk reward is very low, and is about to break out. I don't think is goin to take much longer. The price just landed on a strong support zone, it will bounce any time soon.
No long story, the HTF is bearish, we are expecting price to take out the buyside liquidity for a continuation, currently the price is bullish on LTF due to draw on liquidity. Buy the market up close to the liquidity on HTF... Currently buying cos we've took out liquidity on LTF for a reversal. Genial stick to liquidity...
Break off structure and retreat in the weekly timeframe…almost trying to complete the M structure
A BOLD prediction --- possibly to some people But I stand by this chart as a roadmap where I see #UK equities outperforming against the cash cow that has been UK #Housing The how's and what's and why's are unimportant But the key thing is for younger people struggling to get into UK housing Investing in #Stocks #Technology Innovation #AI and #crypto will...
Seems like a logical move that is on the cards for this #crypto Ad could form a decent W pattern Let's see what transpires
Puede salir mal y el precio puede pegar la vuelta y tocar mi stop loss, sí, pero calculando mi riesgo y analizando lo que está haciendo el mercado esta es la manera que más me gusta ejecutar una operación. De esta manera me aseguro la mejor entrada y al menor perdida y mayor profit. Veremos como va.
Precious Metals have softened recently after continued liquidation, stop-loss selling, and de-grossing pushed Gold futures down to a value zone of $2300/oz on the June futures contract. Since then, bargain hunters have stepped in, driving futures $30 off their lows. The potential for a strong recovery in gold is on the horizon, especially if miners strengthen and...
Simple and Clean Buy Trade setup.. Expecting upside movement as per plan.. wait for BOS in LTF the Buy
Gold creates Double Top pattern it will go down after the double-top pattern will confirm TRADE PLAN: ENTRY AT 2316 TP1 2301 TP2 2285 SL 2335
Prior to my last GBPUSD analysis on Sept 8 2023 Where I proclaimed the crash of London's papers, lol! Which was to happen if GBPUSD keeps printing bearish momentum despite and after hitting a Major Descending Trendline for the THIRD TIME and also when all technical tools i.e. key levels (S&R), Fibonacci & order blocks are supporting (or in confluence with) the...
Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this ETH/USDT Update. ETH/USDT is forming a bullish Adam & Eve double bottom pattern, suggesting a potential trend reversal towards higher prices. Analysis: Adam's Cup: We see a clear downward movement followed by a rounded bottom reversal, forming the left...
GBPNZD formed a double top pattern after reaching a significant horizontal resistance level on the 4-hour chart. The price broke below the neckline of the pattern and a rising trend line, indicating strong bearish momentum. A downward movement towards the 2.0833 level is likely.
Hello Traders ! The AUDNZD Failed To Break The Support Level. The Price Formed a Double Bottom Pattern. Currently, The Neckline is Broken ! So, I Expect a Bullish Move📈 TARGET: 1.09260🎯