DASHUSDT created a double top on the daily timeframe and now the price wants to test the daily dynamic trendline. The price lost even the weekly support, and we could see a retest of it. IF the price retest weekly as new resistance or the price will lose the dynamic support, According to Plancton's strategy (check our Academy), we can set a nice order Weekly ...
Looking ahead into GBPAUD this week, we can easily notice two visible resistance at 1.84 and 1.82. For the week ahead, GBPaud could drop into 1.76 lows.. Risk Warning : The risk of loss in trading Foreign Exchange (FOREX) can be substantial. You should therefore carefully consider whether trading is suitable for you in the light of your financial condition. Goodluck !
AUDCAD broke the rising trend earlier, now creating lower highs and lows. On the 1 hour timeframe, a possibility of a double top can be clearly seen which gives a good signal for bearish traders if this level holds. On the daily timeframe, AUDCAD created a little crooked double bottom pattern and now is in a pullback phase. I expect AUDCAD to test around 0.94...
ADAUSDT created Double top, only if the price will have a breakout from weekly resistance we can set a nice long, According to Plancton's strategy (check our Academy) Weekly ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure ->...
Market in last 24hrs ETHUSD saw a downtrend with the upper Bollinger band resistance Price volatility was very high. The market moved ~6.03% between $624.57 and $589.04 Today’s Trend analysis ETHUSD expected to see a slight downtrend with the price observing upper band resistance and double top pattern observed Price at the time of publishing:...
XAG chart with price action completely shows that the trend is going to be bearish and soon will be profitable, stay tuned :)
silver is going to be bearish for a short time as the double top formation is completed and the flag pattern is confirmed in the chart but as you all know when the flag pattern is completed we are going to face a bullish trend after that
Hello my friends, Next setup for next week is EURUSD pairs. I could see that price broken below the ascending trend line and retested it. It looks like that retest could be seen as a double top pattern as well. With this in mind i think a rotate to the lower side is possible so we will sell EURUSD. Sell EURUSD 1.1865 Stop loss 1.1905 Take profit 1.1745 (3R) RR...
My Fellow Trading Comrades, Appreciate you taking the time to view my analysis in which I hope you may find beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing. Cheers & Happy Trading!
I am expecting for price to continue to the up side until it reach the dotted zone area or close to it then it will break that small up trend that it is in. On the bigger time frame I see that it is forming a double top pattern and it has to continue the pattern before reversing or going back to a down trend. Follow my socials: IG: anaynichelle_ YOU TUBE: Ayana...
THIS PATTERN IS BEARISH, ONLY IF WE BREAK THE BOTTOM LINE. AS LONG AS THIS LINE IS NOT BRROKEN, THE PATTTERN IS NOT VALID.
Hello my friends, I hope you all enjoy your weekend and have a great trading week during this US Election week. I am gonna share some setup for you all but before i start, let's review the previous week performance. First position is GBPJPY sell at 136.45 which hit my SL for -70 pips. I lost 2% from this trade Second poisition is GBPAUD sell at 1.8300 which...
Market in last 1 week XRPUSD saw a downtrend after getting resistance from the upper band Price volatility was very high. The market moved ~10.00%, between $0.264 and $0.240 Today’s Trend analysis XRPUSD expected to see a potential breakout as the price observed a double top pattern with the price trading inside the bands Price at the time of...
Scaling in, we see that price is in the process of forming a double top and it is currently forming a doji candle stick at what appears to be the end of the up push. Earlier this week, after my analysis, I saw that price was going to come down to the 200MA after bouncing off resistance. I anticipated a bounce from 200MA back to resistance to form a double top,...
DOUBLE TOP ON 1H TIMEFRAME WILL TAKE PRICE TO DOWN WAITING FOR CONFIRMATION
Biocon has Double Top at daily chart... Targets on chart
BTC price broke the weekly consolidation upward and buyers reached $12,300. But can we confidently claim that the growth trend from March 2020 will continue? We present to your attention fractal analysis done by us. If this scenario works out, it will be the main idea for the next months for us. We will make additions and updates based on it. Therefore, we...