QIBTC has been oversold on weekly timeframe for some time now. As per chart, if we can hold 46 sats on weekly then we may have a double bottom, and could see some bullish action in the short term.
Hello traders USDCHF a Sell tread setup, don,t miss this chance good opportunity for you follow me on treading view for more ideas .../// thank you
Hello traders XAUUSD a Buy tread setup, don,t miss this chance good opportunity for you follow me on treading view for more ideas .../// thank you
NYSE:TWTR Possibly a good time for me to start a short position on Twitter by End of Jan, 2023 (or start adding some options starting tomorrow, 10/21/2022). Truthfully, I believe that this will happen sometime in November, but I allow myself a larger margin of safety. It's currently up +61.25% from its July 2022 lows. A 32% pullback on the move from...
Today 3 rejections happened for the QQQ 1. We rejected from daily channel resistance 2. We're rejected at weekly 200sma at 274 3. We're rejected at Monthly 50ema at 274 274 is TOUGH Good chance with snap missing earnings and the sympathy downturns in (GOOGLE,META,TTD) We could break 366 support. If we drop below 366 chance are We're will close that gap
Price action and chart pattern trading setup: > A possible A-wave correction zone at 0.618 fib retracement from previous 5-wave uptrend as well as the head & shoulders target with a bullish divergence RSI indicator in weekly timeframe which is showing a strong reversal signal. > In daily timeframe, the price breakout SMA20 with a small double bottom pattern and...
As you can see marked out on my charts, the yellow arrows show the top of a massive double-top structure. Both these structures have tested and could not break the 200ema(white line, red arrow) which acts as a very strong support\ resistance. The second leg of this double top is forming a head and shoulders at the 200ema resistance, and if you look closely, the...
GJ has formed a double top structure on the 1hr chart at resistance @ 168.580. If the current stick closes red we going down. Confirming the earlier analysis of 4hr double top and retest under resistance. Just observe the trade and see. Price always returns to the 200ema(white), lets test the theory, maybe today or tomorrow we should get there P.S GJ is Bae
Hi Everyone! Looks like VIX wanted to move higher but faked it (double top pattern, RSI confirmation). My target is low 20's. Look for a relief in stocks.
The GBPCAD price is in Daily Resistance Level & Double TOP Pattern🧐 the neckline is broken & Retested 🔥 so! i predict a bearish move 📉 TARGET: 1.46886 🎯 ... if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Double Bottom on the 1h timeframe. RSI oh 4h for bullish movement. Wating for retest around 11075 area.
Follow the marked path above.Risk what your willing to lose.
Update for USDCHF. The price is currently approaching a key daily structure resistance. Depending on the reaction of the price to that, I see 2 potential scenarios: If the price breaks and closes above the underlined blue zone on a daily, a bullish continuation will be expected to 1.02 Analyzing intraday time frames, I spotted a triple top formation on 1H...
Trade Idea: Sell NAS100USD Reasoning: Bearish dark cloud cover on the daily after prices stalled at 38.2% Fibonacci retracement. Hourly chart indicating a shooting star candle has exhausted upside Entry Level: 11018 Take Profit Level: 10718 Stop Loss: 11118 Risk/Reward: 3:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your...
Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a EUR/NZD Sell. Enjoy the day all. Cheers. Jim
• Possible double bottom formation with the first low end of September and second low mid-October • Second low with slightly less volume than the first low • Resistance line at CHF 132.40 which were tested in the last three trading days • MACD crossed the Signal line near the top of the double bottom formation, which is showing a possible trend reversal • If we...
Here we have one of my personal favorite cryptos & L2 sidechains, MATICUSD or Polygon. Potentially we may see, a downtrend because of a couple of factors. Let’s zoom in! I see the potential for a “McDonald’s M” or most notably referred to as a Head & Shoulders pattern which could signify a downtrend. Here are some reasonings & findings: * MATIC has touched...
After bad CPI numbers US30 managed to get to 28600 which is previous low. Scenario 1. US30 is currently forming a kind of double bottom or "W" pattern, it will be confirmed as it breaks the neckline which is around 30312-30473. Breaking that zone would confirm that's its double bottom. Target of this pattern is usually the size from bottom to the neckline. which...