4H TF OP has created a reversal pattern, now it's trying to test resistance at 3.25 If OP can break and close above this resistance, I expect price will go higher 3.5 that zone is Supply Zone Wait for confirmation before trade
Hi Traders ! On Wednesday 27 Mar, The Bitcoin Reached a Supply Zone. The Price Formed a Triple TOP Pattern. Currently, The Neckline is Broken ! So, I Predict a Bearish Move 📉 ---------- TARGET: 64000.00🎯
Hello Traders ! On Wednesday 28 Feb, The USDCAD Reached a Resistance Level (1.35898 - 1.36269). The Price Formed a Double TOP Pattern. Currently, The Neckline is Broken ! ---------- TARGET: 1.34940🎯
NZDCAD nicely respected a recently broken key horizontal daily support. After its bearish violation, an underlined blue area turned into resistance. Testing the broken structure, the price formed a double top pattern on an hourly time frame, giving us an intraday bearish confirmation. We can expect a retracement at least to 0.8136 ❤️Please, support my work...
The greenback might be showing signs of a peak -- despite strong economic data and a favorable macro environment. The first pattern on today’s chart of the U.S. Dollar index is the price line around 105. DXY stalled at this level in mid-February and again this week. Some traders may view that double top as a bearish reversal pattern. Second, the resistance is...
USDCAD structure looks pretty amazing on higher and lower timeframes. really not much to say. everything is in the videos . hope you guys watch the whole thing and paying attention
EURAUD overall was in a pretty convincing correction stage. the overall market behavior was showing correction swings or pull backs so i dissected the market until i understood what was happening to then enter sells.
Buying INTL today. The setup looks good. Price has reached the lower bound of falling wedge at the end of wave 4. Looking for the pivot point on the RSI to confirm Targetting $50.50 price
Digibyte finally breaks out of the white channel and then quickly hits the full breakout target. Now it is attempting to break above the teal channel and fiip its top trendline to support to trigger that breakout as well. Once it does, the breaout target is around 2 cents which from here would be about another 60% gains. Not sure how quickly digibyte will pull...
Digibyte is finally awakening from hibernation. As ong as it maintains the teal neckline as support we will hit the dotted green measured move lines target and the dotted teal measured move line’s target in the very near future. *not financial dvice*
Apple has lagged for months, but some traders may expect a recovery. The first pattern on today’s chart is the emerging double-bottom around $168.50. AAPL bounced at that level in early March and is trying to hold it again. The kind of price action may suggest the downtrend is slowing – at least for the time being. Second, the tech giant is expected to report...
Gold is currently under pressure at MA5 (2252-2254). If it breaks through, focus on the resistance of 2258-2263, and the support below is 2246-2241. If it falls below the support, consider the 2226-2218 range. If it falls to around 2226-2223, you can try to trade long and pay attention to controlling the position. The rebound resistance will be concentrated at...
price is at a major resistance I am expecting price to push back up as its forming a double bottom at the key level
It seems like breaking the double bottom trend. Disclaimer, I am just beginner do your analysis own. I am just publishing here my opinion.
here at lyes at around strong support level 0.3 totake trade wait for a reversal confirmation kr dca entry and stoploss mention on the chart and shows both levels. it's a gaming project but with strong fundaentals never pumped at all.
EURCHF is trading in a strong bullish trend on a daily. After the pair set a new higher high, it retraced to a solid rising trend line. Analyzing the reaction of the price to that, I spotted a double bottom pattern on a 4H time frame. With the release of CHF/EU fundamentals this morning, the pair successfully violated its neckline. We can expect a bullish...
📊 Script: BSE 📊 Sector: Miscellaneous 📊 Industry: Miscellaneous Key highlights: 💡⚡ 📈 Script is taking support of level 2075 which is neckline of double top. 📈 We may see bounce back from here. ⏱️ C.M.P 📑💰- 2148 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor....
Hello All, The recommendations are purely for educational purpose only, consult you financial advisor before trading. Targets are mentioned in charts (either red lines or balck lines), keep Stop Loss as per your risk.. If you like my Idea, Don't forget to Boost and comment on my Analysis.. Have a profitable year ahead Gautam Khanna Technical Analyst by Passion :-)