As We Talked in The Previous Analysis: On The Daily Time Frame, The GBPJPY Reached a Strong Resistance Level (188.816 - 188.301). The Price Formed Triple TOP Pattern. Currently, The Neckline is Broken So, I Expect a Bearish Move. TARGET: 184.900🎯
Hello Traders ! Yesterday, The AUDCHF Price Formed a Double TOP Pattern. Currently, The Neckline is Broken ! So, I Predict a Bearish Move📉 ------------- TARGET: 0.56650🎯
DOT coin is back on our spotlight with a great format forming here (head and shoulder pattern) While we see good potential for this kind of movement, we still need to fully form that right shoulder, which can also be good for some short-term selling positions! But as always, our best entry relies on that neckline zone, which we are looking to break sooner this...
Hi Traders ! On The Daily Time Frame, The AUDCHF Formed a Triple TOP Pattern. -The Neckline is Broken. So, I Predict a Bearish Move 📉 ----------- TARGET: 0.56370🎯
Hello Traders ! On Wednesday 27 Dec, The GBPCAD Reached a Support Level (1.67077 - 1.67633). The Price Formed a Double Bottom Pattern. Currently, -The Neckline is Broken. So, I Expect a Bullish Move 📈. ----------- TARGET: 1.71100🎯
Hi Traders ! On Monday 08 January, The BTC Reached a Resistance Level (48240.00 - 47232.38). The Price Formed a Double TOP Pattern. Currently, -The Neckline is Broken. So, I Expect a Bearish Move 📉 ----------- TARGET: 42100.00🎯
📊 Overview: TIAUSDT, following a brief consolidation post-bullish trend, shows potential for a bearish reversal. Bearish divergence on 1-hour and 4-hour timeframes, along with a forming head & shoulders pattern on the 1-hour chart, raises caution of a downward move. 📈 Technical Analysis: Bearish signals include divergence on multiple timeframes and a developing...
Hello Traders ! On The Daily Time Frame, The NZDCAD Reached a Resistance Level (0.84250 - 0.83960). The Price Formed a Double TOP Pattern. Currently, -The Neckline is Broken. So, I Expect a Bearish Move 📉 ----------- TARGET: 0.83110🎯
Link on a bigger timeframe is still in the process of forming that H&S pattern, where we are waiting for a nice breakdown to happen near that neckline zone. This gameplay is valid up until we are below that upper green resistance! Swallow Team
Hi Traders ! On The Daily Time Frame, The EURCHF Price Reached a Support Level (0.94357 - 0.94176) The Price Formed an Inverted Head and Shoulders Pattern. Currently, The Neckline is Broken. So I Predict a Bullish Move📈. Let's Wait for Retest... ----------- TARGET: 0.95940🎯
We can see the bottom trendline has held support thus far and the red double bottom neckline is holding wick support. Definitely key trendlines to watch in the near future. I could see it retesting the red neckline once the weekly 50ma(in orange) comes up to overlap it for double reinforced support. *not financial advice*
Hello Traders ! On Tuesday 21 Nov, The AUDCAD Reached a Resistance Level (0.90318 - 0.90567) The Price Formed a Double TOP Pattern. So We Have a Bearish Scenario: If The Market Breaks The Neckline and Closes Below That, I Will Sell on Retest... TARGET: 0.87950🎯
Hello Traders ! Previously, The EURNZD Price Formed a Bearish Double Top Pattern. Currently, The Price Reached a Support Level The Support Line is Broken ! So Let's Expect The Bearish Scenario: If The Price Breaks The Support Level and Closes Below That, I Will Sell on Retest... TARGET: 1.72600🎯
Hello Traders ! On The Daily Time Frame, The EURCHF Reached a Resistance Level. The Price Formed a Double TOP Pattern. Currently, -The Neckline is Broken. So I Predict a Bearish Move 📉 i'm Waiting for Retest... ----------- TARGET: 0.94820🎯
Hello Traders ! -The EURAUD Failed To Create a New Higher High. -The Price Formed a Double TOP Pattern. Currently, -The Neckline is Broken. So I Expect a Bearish Move ! Let's Wait for Retest... ----------- TARGET: 1.64800🎯
Hello Traders ! On The Daily Time Frame, The NZDUSD Price Reached a Strong Support Level (0.58138 - 0.57406) The Price Formed an Inverted Head and Shoulders Pattern. Currently, The Neckline is Broken. So, I Expect a Bullish Move📈. i'm waiting for retest... ----------- TARGET: 0.61030🎯
MATIC/USDT is showcasing a classic bearish head and shoulders pattern with a defined neckline that has recently been broken. As Price has had a nice breakdown, it did not have any re-tests of that same broken zone of neckline. We are seeing a good chance of our target zone still being reached, but we might see a slight bullish movement, maybe to re-test that same...
We've spotted what appears to be a head and shoulders pattern forming, which is generally considered a bearish signal. The right shoulder is currently in formation, and we're closely watching this neckline. If the price breaks down through this neckline convincingly, it could confirm the pattern, suggesting a potential drop towards the major target zone...