Reasons for bullish bias: - Price is at strong support - Price formed double bottoms on weekly - Entry at neckline breakout for further confirmation - Strong bullish divergence Entry Level(Buy stop): 106.25 Stop Loss Level: 58.17 Take Profit Level 1: 154.33 Take Profit Level 2: Open
Prominent bullish divergence with double bottoms indicating a bull trend beginning
I don't know either. But I've placed a stop buy order above the price - if it breaksout to the upside, I'll enter long.
Hi Traders ! The BTC Price Formed a Double TOP Pattern. So, Let's Expect The Bearish Scenario📉 If The Market Breaks The Neckline and Closes Below That, We Will See a Bearish Move... TARGET: 48760.00🎯
Look for a short opportunity Ride the wave down Descending pattern
🇦🇺🇨🇭AUDCHF broke a support line of a rising channel and a neckline of a double top pattern on a 4 hour time frame, after a test of a key horizontal resistance. We can expect a pullback from the underlined area at least to 0.5754 ❤️Please, support my work with like, thank you!❤️
Double Bottom formed Find Pull back to Buy Entry : 0.6139 SL: 0.60384 TP : 0.62392
Hello Traders ! On Tuesday 13 Feb, The AUDNZD Reached a Resistance Level (1.06912 - 1.07016). The Price Formed a Double TOP Pattern. Currently, The Neckline is Broken ! So, I Expect a Bearish Move📉 ------------- TARGET: 1.06075🎯
A downtrend has formed on USD/CNH since it failed to retest the 2022 high in September. Since then, a lower high, aggressive selloff and a bearish continuation pattern (rising wedge) has formed on the daily chart. The rising wedge projects a downside target towards the cycle lows ~7.1. If the yuan continues to depreciated (lower USD/CNH), it could prompt other...
Good support for NYSE:V at $274 now ready with a bearish test of the ema 21/50. A break below would create negative price action and bearish crossover. Our Bearish alert already popped up.
Double bottom at $41.3 with test of the EMA. An action lower would create a negative price action and a possible pullback.
Sahol short position for max of 2 weeks educational purpose only
Cordscable Monthly double bottom chart breakout buy on dip first target 300 & 400...
NZD/USD is in a overall downtrend from the higher timeframe. It has given equal highs forming a double top on the 2hr. I will be taking the following sell on it: Entry = 0.61443 Stop Loss = 0.61693 25 pips Take Profit = 0.60941 50 pips Lot Size = (0.05)
A bit noisy down the 30-minute chart, but if this last 30-minute bar closes in the green this is a long one. Stops were taken and the price can go up. Longer-term charts say the trend is up. Also my setup worked several times in the form of AB=CD Spring setups and when my setup works I know we are in an uptrend so I have to take them all. Highlighted areas might...
A bit speculative, but betting on previous high taken which means stops were taken out and now we can have a move to the opposite side of the range. Also, notice the small gap that was formed. Some additional sign of strength for a short. Also an AB=CD bearing. On the daily chart, the EMAs are quite flat. This is an asymmetric risk to reward trade, not a...
Enter at 1.431 pull back follow fibonacci SL 1.172 This is my first idea that I am sharing. let me know what you think in the comments Good Chance
+.17 on NASDAQ:META , +1.3R on $TSLA. - Zoomed in on a 3 min chart 1. ( NASDAQ:META ) 1st bear candle closing above the 10ema. I missed the beginning when the first bull candle closed below the 10ema for a short, SO I thought it might pull back up to the target. I immediately knew once it went up halfway and came back down I knew I was wrong. I got out for a...