Double Top Pattern on Wellcare Health Plans (WCG) NYSE.
Looking for shorting opportunity after double top has formed. Double Top Formed at structure, Great Reward:Risk Ratio
I was looking at different FX charts last night when I found the Daily tf of the CHFJPY.I had a look at its chart to investigate the development of price action so far. What I found that jumped at me from the screen was this monster double top pattern. The first top of the pattern formed on July 11, 2017 and what is interesting to see here is that the first top...
EURUSD has been pretty ranging, in fact, it is moving into a sideway consolidation on the Daily Chart. Spotted a Counter Trend opportunity that leads up to buying opportunity once the final take profit level is achieved. EURUSD will be in my radar till it broke the Daily Chart Consolidation EP: 1.2376 ISL: 1.2420 TP1: 1.2314 TP2: 1.2238 Follow me on twitter for...
btc broke the neckline and we saw a pullback to that line. so i think btc can drop to the 6700 .also fibonacci levels show us a retrace to that number however there is a old trend line on chart and maybe force us to bounce back from 7k. lets see whats gonna happen peace <3
GOOD DAY TRADERS THIS IS MY ANALYSIS ABOUT EURCAD. I think this is the best time for the BEAR. 1. Price near strong resistance. 2. Price near monthly trend line. 3. Price already retest. 4. Possible double top pattern in 4 hr time frame. So this what i'm thinking. I'm going SHORT in this pair. Entry : Around 1.60900 Stoploss : Around 1.61500 Take...
A lot needs to happen this weekend.. BTC needs to break a major zone of resistance with a double top having formed. If it does not do that in the next few days than most likely it will have a correction with a negative 19.32% correction back down, which could finally put bitcoin at a final price of approximately $7,958... 3 Major targets identified on this...
DOUBLE TOP on NZD, about to break Neckline If anyone has any other input on this on,e let's talk about it . Thanks for watching and BIG profits to you all
Here is a possible double top occurrence. This immediate resistance was tested Last Feb 21. When price reached this place it started a total sell-off bound to the major support. A further confirmation would somehow boost my confidence in entering this trade if the 4hr candle would close as a Doji. Should this resistance stir a breakout. Its nearest resistance...
1 - Pair may retest double top with possible bearish reversal bounce. 2 - Pair may fall from 50sma to 100 sma. ? - Pair may move sideways some more but will eventually do 1 or 2
CANNBTC is clearly trending downward. It looks like the market has found its peak and this is a clear signal that the preceding upward trend is weakening and that buyers are losing interest. Upon completion of this pattern, the trend is considered to be reversed and the security is expected to move lower. For now, It seems like the market is looking to...
Possible double top over this pair, that's my bias. It's in a down trend on the weekly and monthly chart which tells me that this upward movement was just a pullback, which ultimately leads me to believe this pair is still selling. However, i shall wait for price to break the trendline before i make any other move.
If the support line hold up, might expect a raise of the price action , but if the supp line is broken , given the double top chart pattern , the market should go bearish anytime soon.
SBUX is setting up a bearish pattern on the monthly and weekly chart with a double top pattern, a bearish candlestick pattern and bearish divergence. Expecting price to go down. Time To Take Profits and Exit
break the support I think it will going down to 1200 first Next is 1180.
SBUX Weekly Chart Looking Bearish with #bearishengulfingsignal and #doubletoppattern