My Dragon Friends I waiting USDCHF break the support, If Break that Support, will confirmation Double TOP pattern and break Trendline too. We sell it and we can get around 4XX pips. but if can break, USDCHF may be just move sideways, wait another confirmation for next Interest rate Lets See Happy Trading Happy Profit Watch UR MM and RM Disclaimer On
Hi Traders, Looking at the DAX today. On the 4-Hour, we see a nice double op that has formed. The two tops are wicks which shows strong sell movement. The two wicks are also a lower low in terms of the 4-hour trend. We also have partial divergence across the histogram of the MACD. Buyers are weakening. We have broken below the neck zone and then entered upon a...
Reason: I proclaim that this is in a bearish trend due to it being overbought and a double top pattern had just occur thus my reason to say that it will be in a pickle sooner or later
Double top from a major area of resistance. The dxy is also currently increasing in strength which will cause this pair to fall further. Here is the play I will be taking on this trade. P = 1.07066 SL = 1.07671 - 52 PIPS TP = 1.05309 - 179 PIPS
Hello everyone! SUSHIUSDT might continue the downside move from here if closes below 1.59 Best of luck with your trades!
BTCUSDT anatomy of a bulltrap * Heikin Ashi bearish; * Show of weakness on volume / institutionals sell-off; * RSI (overbought), Awesome, Chaikin Money Flow, all bearish triggering; * Moonbois triggering;
BTCUSDT has made a retest to peak of the channel, local supply zone. Now we can see a potential double top. The target remains the same for a 2-D zigzag swing downward. This pattern will be confirmed if price action breaks the neckline in the 50% Fibonacci retracement level.
we see in time frame 1h and 30min a double bottom that mean in usdchf we can see a break of this supply zone and go to new goals.
A bullish bat pattern is forming for LUNA. Moreover, a double-top pattern can also be seen. In the next hours, LUNA will recover a little bit then go down when hitting $92 (my Trend-based Fib extension 0.5 level). Once the neckline is broken (again), LUNA will fall to the lower Fib level ($84.5). Here in this level, we may see a 4H candle with a wick of $78.5
TWT making a beautiful double tops. The price that end of arrow is a good point for taking profit partially. Do NOT enter the position with shadows. At least we need breakout with 3 candles in daily period.
Hey guys 👋 Just an FYI, we have been shorting BTC for a while, adding on to the short on every lower high formed on the 1H chart. We are gunning for big drops on BTC and overall crypto, yet of course we're just as ready to buy as we are to sell if the structure of price action changes. For now, our targets are 3, see them below: 1) The neckline 2) The...
APE has formed double top on daily timeframe with mutliple wicks rejecting to close baove previous high on daily tf. BTC looks ike it will go to lower support areas. There is also bearish divergence on 4h timeframe and honestly it is overhyped so everything looks like short. This is not financial advice,its just my opinion!!!
We are targetting the same lenght of pips that euraud has formed on the M pattern.
The price created a double top at 97$ on ATH, and after the rejection, the price is testing the 0.382 Fibonacci level. On the 4h timeframe, the price had a breakout from the bullflag and now the market is going to test the 0.618 Fibonacci resistance How to approach? The price needs to create a new breakout with confirmations and a new Higher high. In that case we...
HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE. NEW WEEK, NEW OPPORTUNITIES. LOOKING AT THE AUD / DOLLAR * The PAIR has been trading in a Ascending channel , just tested the roof of this structure creating a double top at resistance level now in a delay range possibly signaling a shift in momentum. - Short term the pair is in a up trend on lower...
I'm really looking for this pattern. I will keep monitoring it. Hope this resistance will not break. Lol. Let's go!
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OUR CONDITION ANALYSIS - Timeframe : 4H - Currency : AUDJPY - Market Condition : BULLISH ( Indication Double Top Form Pattern ) - Trading Style : SWING OUR ANALYSIS - Strong Resistance Point : 85.510 - 85.645 - Strong Support / Bearish Breakout Zone : 84.083 - 83.818 PROBABILITY ANALYSIS - If price break the support / bearish breakout zone, double top can be...