Quick xrp chart If the ~4 cent Resistance level is achived, on the Right shoulder, possible Cup and Handle pattern coming into play. NOT AN EXPERT DISCLAIMER Stay vigilant and watch your Levels. As always DYOR and Good Luck
SWKS has formed an Island Gap, after retesting the prior support level above the low of the bottoming formation. The recent gap creates the Island Gap formation. This kind of gap tends to not fill easily.
This broadening formation is breaking out to the upside. To confirm that, I want to see it going fully trough the 3k level. Target inside the chart.
Big Expanding descending Channel or Brod Formation of structure making in GBPJPY. Currently making a Bear flag to Short Term SELL Opportunity . Buy on Third touch of structure after Confirmation in Lower Time frame - Let See What Will be Next Move - Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
Sea Monster Formation. Based on this pattern BTC is going either remain a mystery like the Lochness Monster or have to show itself and confirm the myth. When this formation happens, it is anyones guess as what it will do. Some say that a breakout will occur and there will be a positive identification and others say it is just a hoax or only in your imagination....
Hello traders, we see a interesting formation in the weekly timeframe provided from the Dow Jones Industrial Average Index. Since January 2018 the index is trading in the range between 27000 and 21700 points. It fromed and interesting formation till now with an low at 21700 points. Looks like an inverted Head and Shoulders formation, the right shoulders could...
Entered the trade at price point: 1.3295 = 23.60% level. The proper move would have been to wait till the 50% - 61.80% to confirm a reversal at this present price zone. It's funny because I have signals on my phone that show the sentiment of the market on whether to buy or sell. USD/CAD was in the sell at the time I called the trade and is now Neutral. Note to...
FDX is an example of a failed short-term bottom formation. These bottoms develop too quickly and are unable to fully complete the formation. This stock is now poised to retest the prior candlestick pattern lows for support.
The Aussie dollar remains in dangerous territory this week whilst trade tensions continue to mount pressure on the AUD. Market sentiment fell significantly today as we failed to push past heavy resistances around 0.7100. I believe fundamentals will rule out basic technical analysis over the next few months so I will continue to scalp trades as they occur on this...
here we can see on 4 hours graphic bearish bat formation done well , so we can short at this level , you can check the tp and sl from the graphic.
E CAN PUT SELL LIMIT ORDER @ 0,87000 AND STOPLOST 0,87550 TP1 : 0,86450 TP2 : 0,86000 ENJOY TRADING GUYS
Hi Guys! As we see on this 1 H chart DAX showing clear signs of weakness! As the news came out of the USA, markets immediately turned around. I saw this move coming, as I spotted tone of bearish divergence since last week already. I am entering a short now. I see this triangle formation to play out in the next 14 days. RSI and MacD giving also nice short...
can it finally break its resistance? or will it fall back into its broadening formation?
Here we can see a bearish bath formation has been done , so now we can short around 1.59850 , and put stoplost 1.60200 and tp : 1.50600 , enjoy trading guys ...
If the pattern confirms, my entry is upon the retest zone and targets are given in the chart
A well-defined Head & Shoulders formation has been created since January of 2017 (this is a two-year-bearish formation). Long story short, the price is expected to be testing the formation's neckline (around the $50.00). An ideal initiation of the short-idea would be a confirmed (bearish-reversal) candlestick on the weekly chart. The candlestick should be...
South32 is a globally diversified metals and mining company. They mine and produce bauxite, alumina, aluminium, energy and metallurgical coal, manganese, nickel, silver, lead and zinc in Australia, Southern Africa and South America. In May 2015, South32 successfully demerged from BHP Billiton and listed on the Australian Securities Exchange, the Johannesburg Stock...
Simply put, I see the bearish-reversal Head & Shoulders formation on Twitter. Once confirmed with a strong breach below the $26.00 (the formation's neckline), I see two price targets south of the mentioned neckline: $17.40-$19.50 levels (Fibo extension near an old breakout gap) $6.00 (classical measure of a typical H&S formation) Volumes has been dropping...