📈 Overview:
CHFJPY's uptrend encounters challenges with a flat top, bearish RSI divergence, and a bearish market sentiment above 90%. The neckline break signals a potential shift.
📊 Technical Analysis:
Flat top, RSI divergence, and neckline break indicate a possible reversal in CHFJPY's upward momentum.
📉 Trade Strategy:
Traders may consider a short position...
expecting paypal to continue in this range during premarket making higher lows and then to break the 74.00 pivot, if 74.00 break happens during premarket then i will expect a higher low to be made and then continue towards the 75.00 level.
Ascending triangle forming on daily TF
also on weekly a huge Triangle is forming
for now scalping based on daily TF will let it run & update in Timeline for the weekly triangle
AMGN has a Flat Top Formation that is breaking to the downside during earnings season. Stocks with weaker earnings are under High Frequency Trader triggers to the downside. The weak run up reveals the large lot selling at this level.
- breakout on hourly, oppurtunity to add to longer term position targeting gap close at R137
- MANAGE YOUR RISK -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
JSE:APN
Unable to complete its bottom from last December’s low reversal to the upside. Retail Investors & Traders as well as plenty of Smaller Funds got duped by Corporate Buybacks. Weekly view shows a Flat Top Formation, one of the newer tops.
