EURJPY Going Up. Textbook double bottom. 3x move if it works.
AUDJPY is the go to risk on currency. As China has not been able to stage a comeback, AUD has been selling off. RBA hiked last week but the market sold off after. RBA basically stated further rate hikes will be based on data. This has been seen as a dovish hike and Aussie data becomes more important than ever. With inflation holding levels or starting to...
--- ### Stock Analysis Update: Alibaba ( NYSE:BABA ) Approaching Double Bottom on Weekly Chart #### Potential Double Bottom Formation for Alibaba Investors tracking Alibaba Group Holding Limited ( NYSE:BABA ) should take note of a significant pattern forming on its weekly chart. The stock is approaching what appears to be a double bottom, a key technical...
This setup provides clear invalidation below discount area at 8.00$ with a take profit level at range premium of 12.00$, which gives 50% move. It can also be a tripple bottom with a neckline at 12.00$, which if flipped opens a target of 18.00$. I’m entering it here and leaving room to DCA lower.
Affected by the news today, gold surged briefly in the U.S. market and then fell all the way. From the chart analysis, it was under pressure at the resistance level of 1974. After falling below the 1963 support with inertia, it was buffered at the 1957 support level, rebounded slightly, and returned to above 1960. But so far, the support of 1963 has not been...
Please Excuse the audio, I have a version on my Youtube with far better audio, for some reason, my computer won't let me select my Microphone. You can find our youtube link in our trading view bio With the recent announcement by JP Morgan's ONYX regarding their stake in AVAX I thought this would be the perfect time to cover this Incredible asset. In short ONYX...
GBPCHF, GPBNZD down. Sharp double top on M1, M5. 3x move if it goes.
Multiple time frame analysis for Dow Jones Index. Bearish outlook explained. Important key levels & price action analysis. ❤️Please, support this video with like and comment!❤️
Double Top Pierce: The term "Double Top" refers to a technical analysis chart pattern characterized by two consecutive peaks at approximately the same price level, indicating a potential bearish reversal. The term "Pierce" in this context could imply that the price has briefly moved above the second top but failed to sustain that level, reinforcing the bearish...
After the release of US fundamentals, NZDUSD bounced rapidly. The pair formed a high momentum bullish candle and violated an important intraday resistance area. We may anticipate growth now. Goal - 0.603 ❤️Please, support my work with like, thank you!❤️
USOil going up. Sharp Double Bottom. Stop in place. 3x move if it goes.
We expect further upside on this pair, signalled by the formation of a double bottom pattern We can also see the breakout, close and retest of price above a key level on lower time frames, further supporting our directional basis.
The 1957 support level is confirmed, and the rebound tests the resistance near 1965. If it cannot break through, it will form a double top pattern. If it breaks through and performs a backtest to confirm that the 1965 support is valid, it will rise again and break through 1980.
NYSE:IBM is approaching a potential Double Top formation, and we plan to set an alert on the chart to initiate a short position once it reaches $151.93. At this level, watch for a possible pierce or consider shorting. Set a stop-out if there is a close above this level for more than three days. If you currently hold a long position, it may be prudent to take profits.
GBPCAD leaves one more bullish clue. Retesting a solid demand zone, it formed a double bottom and violated its horizontal neckline. I expect growth now to 1.6925 / 1.6960 ❤️Please, support my work with like, thank you!❤️
US Equities could be on a leg to the downside backed up by 3 weeks of heavy selling. Not quite, but almost a double top.
EURJPY bullish trend but making with double top reversal pattern + divergence on 1hours time frame. EURJPY sell stop Entry point :- 161.896 Stop lose :- 162.410 Risk :- 0.5% Target 1 :- 161.382 Target 2 :- 160.868 Target 3 :- 160.354