We see a beeautiful flag pattern if the buyers are strong enough it will brake the line of resisctence if its not be careful around 10k/1400 bcs it can form a double top and crash down but we need to have in mind that the halving is going on and that there is for sure a good change that the buyers gonna win.
Hello my friends, i saw a nice trading setup in EURNZD pair. A double top pattern is forming exactly on daily chart resistance trendline. Price already broken below the neckline and currently retesting it. Price also still holding below EMA-200 in the4hr chart so it is pretty much still bearish on this pair. Sell EURNZD 1.7360-50 stop loss 1.7435 Take profit 1...
Based on the 4hr chart we could see there is a potential double top pattern on this pair. Previously this pair moving up inside a neat uptrend channel. During the last 3 trading days starting from thursday, friday, and monday, price managed to move below the channel and probably gonna make a lower high. Currently price hovering around 114.30-114.35 area which is...
Based on the daily chart we could clearly see AUDNZD has a double top pattern and price already broken through the support. Price broke through the support since June 10th and then consolidating around it for 3 weeks. The last 2 day candle indicates selling pressure by the form of candles which looks like bearish pinbar / shooting star candle. Also keep in mind...
-A decent short setup of the double top pattern. -Looking for a retracement of the supply zone around the 0.68609 zone. -The 50EMA shows that price is below the EMA which indicates that the trend is in a downtrend and should be looking for sell signals. -Price could continue to breakout the 0.68609. -Looking for strong bearish candle confirmation to enter this...
EURTRY creates double top, and now is on a support. We are waiting for a breakout and according to Plancton's strategy we can set a nice short ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
there can be pullback in eurusd chart -double top formation Target -1.10 support 1.075 -1.065 resistance -1.146
on DAILY: EURSGD is sitting around a resistance zone in blue so we will be looking for objective sell setups on lower timeframes. unless price breaks it upward aggressively, then a bullish movement till our next resistance in purple would be expected. on H1: this pair formed an objective trendline in red, and it is now forming a double top pattern. So we are...
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Harmonic Bearish first target is achieved. Doube Top is completed. Bearish continuation is predicted.
FX:AUDUSD AUDUSD has done the impulse wave and finished the 5th wave at around 0.6550. Made it a top and traded in the range for two weeks. And it now made a double top this last trading week which shows weakness of the trend. We can expect a correction until it reach the 618 fib retracement which is pretty significant level. You can like and comment of my...
Hi guys, yungpreneur here again. So I have been watching the AUD/JPY pair for a while now, after a double top formed around the 70.150 price zone. I expect price to break below the neckline and drop to major support zone at 67.700 in the next couple days. Like this idea and let me know what you think down below in the comment section. Follow me for more ideas like...
Hello Everyone ! Here we have a pretty clear SHORT setup on this pair. as we can notice Price has broken the 1H Trendline, as we know after the breakout we need the retest ( which is already finished ), we will wait next week for some candle confirmation, so we can get a nice R:R trade on this Pair 1. Broken 1h Trendline 2. Retest Completed 3. Price has been...
Hey tradomaniacs, welcome to another free trade-plan. Important: This is meant to be a preparation for you. As always we will have to wait for a breakout and confirmation. Market Sell: 0,63850 Stop-Loss: 0,64585 Target 1: 0,63250 Target 2: 0,62500 Target 3: 0,62100 Stop-Loss: 73,5 pips Risk: 1-2% Risk-Reward: 2,5 LEAVE A LIKE AND A COMMENT - I...