An exceptional opportunity looms on the horizon for the JUV cryptocurrency! The chart reveals a perfectly orchestrated Double Bottom formation, marking a potential bull turn. With the two troughs aligned, we hit a sturdy stand, indicating constant buying pressure. The recent rupture of the neck line, accompanied by an increase in volume, confirms the trend. This...
We can see that Bitcoin dominance is still on its way to the full breakout target from the double bottom pattern it broke up from a couple months ago. After breaking up from the neckline of the double bottom pattern it formed a bullflag and seems to have just recently broken upward from that bull flag. The target of the bullflag breakout lines up nicely with the...
Hi Traders ! The USOIL Price Formed a Double TOP Pattern. So, Let's Expect The Bearish Scenario: If The Market Breaks and Closes Below The Neckline, We Will See a Huge Bearish Move 📉 TARGET: 81.35🎯
This morning I shorted EURGBP. I spotted a test of a solid falling trend line on a daily, my confirmation to sell was a double top formation on an hourly time frame. Goals: 0.8558 / 0.8553 ❤️Please, support my work with like, thank you!❤️
BNX/USDT has formed a distinct double top pattern, a classic bearish reversal signal. Acting on this setup immediately, we’re shorting with a target reflecting a 1:3 risk/reward ratio. The double top suggests exhaustion of the uptrend and a potential shift to downward momentum. Entry is taken at the current market price, anticipating a move towards the next...
Previous Analysis: US30 is BEARISH. With US30 performing a text-book Break and re-test of the area of price structure ranging between $38,050 - $37,900. Its at the area of price structure that the Market has to demonstrate price rejection to continue my "BEARISH" bias. Current Analysis: US30 demonstrates very strong price rejection with "BEARISH" price action...
Ideas not advice A technical outlook for the days Double top rejection at resistance Distribution cluster formed and sharp rejection to downwards 150EMA has been it's support in the past If it breaks below distribution lows, it will confirm that it is bearish Unless all of this is either mitigated by Retail sales news or accentuated Goodspeed y'all
A technical approach that could change your trading game. The Double Bottom, a classic chart pattern, comes in the form of a "W" and signals a potential uptrend after a period of decline. This configuration is characterized by two hollows formed at the same level, indicating a solid support. A high accompanying volume validates the signal and often triggers a...
In my previous idea, RIVN was short from the highs. That position was closed today as RIVN fell below the target. I now based on this idea have a long position. RIVN's move the second half of today's session was supported by a strong bullish move in the general market from the federal financial data principally the jobs report. On the 15-minute chart, RIVN...
📈EURNZD formed a double bottom pattern following a test of a crucial intraday support level. Breaking above the pattern's neckline is a significant bullish signal. Anticipated upward movement could reach the 1.8100 level.
Price has correctively reached an important medium-term support zone , which is further reinforced by the presence of the 200EMA. Additionally, we observe that the price has taken out liquidity from the low and formed what appears to be a double bottom pattern. These indications suggest the possibility of a bullish continuation move, potentially driving...
See the double top? When the markets open today I'll put a sell order, prices is testing the broken support. At the same time SPY is testing the 500 level and I think is going to be rejected again so expect another sell off soon. Is going to take more for the market to break out the 500 level. We will see a lot of volatility in on the upcoming days and I intend to...
Should this play out, it could see a significant run up against Bitcoin. Presently the lowest wick on this 3rd bottom hit directly in the center of the previous two. It may continue lower beforehand, or it may already be done bottoming.
Hello Traders ! On Wednesday 21 Feb, The EURNZD Reached a Support Level. The Price Formed a Double Bottom Pattern. Currently, The Neckline is Broken ! Moreover, The Resistance Line is Broken ! So, I Predict a Bullish Move📈 ---------- TARGET: 1.81620🎯
CRUDE OIL formed a nice double bottom pattern after a test of a key intraday support. The breakout of the neckline of the pattern is an important bullish confirmation. We can expect a bullish movement at least to 86.0 level. ❤️Please, support my work with like, thank you!❤️
As price broke above the area of interest around the 0.91082 level, we see a temporary price rally to the 0.92165 area, creating a potential reversal to the downside.(Check DXY idea- positive correlation.)
Hello Traders ! On Wednesday 27 March, The CHFJPY Reached The Support Level (166.798 - 167.394) and Failed To Break it ! The Price Formed a Double Bottom Pattern. Currently, The Neckline is Broken ! So, I Expect Bullish Move 📈. TARGET: 169.220🎯
Price action analysis for Gold. Important key levels. Directional bias. Trading plan. ❤️Please, support my work with like, thank you!❤️