Top-down analysis for Gold. Price action & important key levels. Directional bias & thoughts. Bearish outlook explained. ❤️Please, support this video with like and comment!❤️
While PepeCoin (PEPE) originated as a meme coin, my preference generally leans towards fundamental assets. However, the technical landscape of PEPE presents an intriguing picture. Recently forming a double bottom pattern on the daily timeframe, PEPE is now surfing the waves of an ascending channel. Let's dive into the technical details of PEPE's chart. Chart...
Going short on this pair with the consideration of proper risk, not a financial advice pls, just my idea
Gold is currently testing a strong daily horizontal resistance cluster. The price was nicely rejected from that on a 4H and formed a double top pattern. The neckline of the pattern was violated with a huge bearish imbalance. I anticipate a pullback to 1985 / 1972 ❤️Please, support my work with like, thank you!❤️
Very clear double top no doubt going low it is just matter of this week or next week.
Trade Signal Outlook: Trading Instrument: UK100/FTSE 100 Trade Type: Short (Sell Stop) Trade Signal Details: Sell Stop Entry: Adjust spread according to server values Entry Price: 7475.0 Stop Loss: 7497.2 Take Profit: 7452.5 Trade Strategy and Technical Analysis: The trade strategy is based on a simple support and resistance play on the UK100/FTSE 100. A Sell...
Im still holding a sell trade. I trad every trade very very small. Gold moved up a bit but as long as I have the sell signal here on hour 1 which is not all that reliable on the hour 1 time frame , im still going to try to hold. I will also mention the double top on the daily time frame. This is why im trying to hold the sell here on gold.
↪️Gold's sudden drop in trading on Wednesday sees the XAUUSD falling from the $2,004 range to test $1,988. From a technical perspective, Gold spot is examining a significant intraday peak. The price has formed a classic double Top formation. The breakout of its neckline indicates a regional shift in the nature and intensity of the sellers. I anticipate a...
↪️The sudden drop in gold's value during Wednesday's trading session resulted in XAUUSD slipping from the $2,004 level to around $1,988. Looking at it from a technical perspective, the spot price of gold is currently testing a significant high point. The price has formed a classic double top pattern. The breakout of the neckline indicates a shift in the behavior...
Price is in an Uptrend. So this would be a counter trend and therefore a high risk trade. On Wednesday 15 November (Daily TF) price printed a Pull Back Zone (1.08464 -1.08246). Tuesday 21 November D Candle (Tweezers) is suggesting price possibly wants to Re-Test the PB Zone... before continuing Long. In it's endeavour to Push Short, Price has printed a H4 Pull...
We're spotting what looks like a double top formation with a neckline yet to be broken! If we see a decisive breakdown below this level, we're likely to witness a slide towards the $12 region, marking an approximate 18% descent. It's a waiting game for now, as a breakdown could open up a short opportunity. However, should there be a surprise shift and we break the...
Hello Traders, My name is Philip and I am just an average stock and indices trader with over 4 years of trading experience💻 ------------------------------------------------------------------- ➡️In today's video, I will analyse Nvidia for you🫡 ------------------------------------------------------------------- ➡️Let me know your opinion about today's analysis...
GOLD has completed wave B of wave 2 with a double top, now a bearish movement is expected as sub-wave C of 2
Double top and bearish flag forming. I think eventually is going to break through the neck line. I'm giving the puts some time bc we might have a fight between bulls and bears at the support. Today the market opened very high, so I'm buying my puts very cheap.
I had puts on this one and sold them at the 117 support. We are having a nice bounce up from that same support so I'm buying puts again as shown. The triple top is a strong bearish pattern and at every rally to upside is an opportunity to short it.
Is it a cup and Handle or a double top? I think we will find out till 14:30.
Prices is bouncing off my Weekly Support 1 (WS1) forming a double bottom on the 15 minutes chart. Potential reversal. Comfortable to take a trade here due to the low R:R. Double bottom on 15 min timeframe: