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NFLX Double Bottom right at the test of October lows.
Stoch RSI positive divergence
-the titile is moving on the bottom of a ascending channel
-on daily is forming a double bottom
Maybe Triple top Or Double Top Pattern
trying to make M pattren
Massive RSI divergence, Current candle forming shooting star, rejected from strong resistance. This should take us back to 75.5.
Here is what I think will happen to AUDUSD.
Hoping price will keep a bearish momentum and break the bearish flag pattern to get to atleast the TP shown
Could be a bigger drop. You can see a bearish bat pattern on D chart (Will publish that aswell)
Need to wait for current candelstick to close below the resistance so we get a double top.
Possible double top
Broken rising trend line
As usual for a Tuesday I am sharing with you one of my trading plans for this week. Today we take a look at the GBP/CAD currency pair and the possibility for an end of a cycle and beginning of a new one. In the trading plan video I explain more in depth my technical analysis, I cover all the possible scenarios and of course talk a bit about the ...
it gonna form double top again, but we can buy first, and then sell...
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It turn with double Top. Until 2.600 level is a realy strong resistance. The Fibonacci levels working so well. Who has been braved at last week friday opened short. It's a grat time to making short kit. The time is change, last time growing was not powerfull.
UJ is within a bull channel that can be drawn differently than the one on the chart above: it has had 3 attempts to reverse, enough for bear scalps. I´m expecting a Double Top with Oct, 3 high.
What may cause doubt is that the bull channel looks like a 3-push wedge. If so, the orange trend line shows an end coming for the bulls. Besides, most bull channels end ...
Hmm... Why not?
Price broke 4H trend line. Also we see double topn and three soldires pattern on Daily Chart
We see double top on resistance level. Also rsi divergence support sell idea. If price closed under read line we can enter sell position.
AUDJPY retested neckline and support on Daily Time frame
I will remain long for about 300 pips
Monday candle close will give me clear directions