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:
ORDIUSDT pattern reversed dragon/double top, -11% move
I see BTC is bullish. On the other had USDT.d is at resistance which says we can expect a slight upward move in BTC. #FFA
Price is facing tons of resistance. I think is going back to the support blue line. I just bought some puts as shown. Also we have a double top that is pushing the price down.
USDZAR Down. Double Bottom. Divergence. 3x move if it goes.
EURCHF looks like its T-ing up a long term trend reversal after a double bottom and downtrend line break on the daily candle chart. Trade idea = wait for next 2+ day pullback into 0.955-0.96 zone. Cut losses at 0.95 and get long again if/when Swing high gets taken out.
Hi Traders! The 151.946 apex level proved to be too strong and there is a now potential double top pattern on the USDJPY 1W chart after the market failed to break and close above 151.946. Price Action 📊 After the initial break and close above the previous strong resistance level at 145.073, the market traded with continuous bullish momentum to target the...
↪️AUDNZD effectively breached two significant daily formations: a flat support and an ascending trend line, following the formation of a twin peaks pattern. This violation indicates the power of the sellers and suggests a probable local shift in behavior. There is a high likelihood that the pair will decline further towards the subsequent support. For potential...
↪️ARB is engaged in Elliott wave surge following the formation of a twin base pattern on a daily timeframe. Analyzing from a 4H TF I spotted a bearish flag which suggest further downward move to the daily horizontal support. Following a prolonged 5-wave surge, the ABC adjustment has commenced. Currently, the motion is in wave 3, and I anticipate its conclusion in...
Hello Everyone, I am doing this analysis after long time as i was waiting to recover my loss. Finally i did it. I did not close my long position which i took at $28500 in August. Well, it was a good learning. This time Bitcoin and Matic tested my patience and finally my loss was recovered. Now! This is important position. we are again above $30k. Now things are...
### Stock Market Update: ARK Innovation ETF ( AMEX:ARKK ) Approaches Critical Double Top #### Key Technical Level for AMEX:ARKK The ARK Innovation ETF ( AMEX:ARKK ) has reached a pivotal point on its chart, forming a Double Top pattern at $45.16. This pattern is a crucial indicator in technical analysis, often signaling a potential turning point in the...
AMEX:SDS is showing a Double Bottom pattern, making it an excellent hedge against any long positions you might hold. It is recommended for swing trading purposes and not as a long-term investment strategy.
EURUSD Down. Double Top. Divergence. 3x move. Similar move in GBPUSD.
Price is retesting the broken support. We have here several bearish patterns (see my previous post lines below) and the stock need much more for a come back. It might try to break the resistance but I don't think is going to make it. If my puts expire out of the money I'll buy more and try again.
Not financial advice. If it goes below $37000 it could go down and if it breaks the red lines, then it could go down more.