Pair tested the neckline of the 'm' formation that was formed. Looking for a clean rejection of it and to reach the 1660-1670 region
Set stoploss below neckline and let it run to hit 0.5% target. Don't Forget to Hit the like button if you find it helpful and informative and follow to catch every wave correctly and remember to share ideas. Previous entry didnt hit
on WEEKLY: GOLD is sitting around a supply zone in green so we will be looking for objective sell setups on lower timeframes. on M30: GOLD formed an objective trendline in red, so we are waiting for a momentum candle close below its last swing to sell. we also have a regular bearish divergence adding more confluence to our setup. as usual, until the sell setup...
on DAILY: EURGBP is currently sitting inside a support zone, so let's see if it will reject it or break it downward. on H4: EURGBP formed an objective head and shoulders pattern, so we are waiting for a momentum candle close below its neckline to sell. meanwhile, this pair is sitting around support and trading below our red trendline (not valid yet), so we are...
175 pip potential trade on OANDA:EURGBP . Enter short on neckline break.
Hi, Guys! A good Double Bottom Pattern has formed on WRXBTC chart. price is around the neckline at the 1515 area. If WRX break the neckline, then targets would be around 1580 and 1618. Happy hunting!
A good Head and Shoulders pattern formed on DATABTC chart. The neckline is around 613 sat when price break the neckline then the targets would be around 638 and 656. please hit the like if you agree with this idea and follow Crypto Academi to get more calls.
XAGUSD - SILVER Potential Bearish Movement we are waiting for a momentum candle close below 15.000 to sell this one Reason: 1- Regular Bearish Divergence on MACD (in red) 2- Objective Trendline (in blue) 3- Resistance / Round number in purple 16.000 5- Head and Shoulders Pattern (in orange) Four confluences are enough to consider Selling SILVER, after a break...
there is a possibility of forming a double bottom on the chart of BINANCE:COTIBTC , the neckline is around 268-270 which has overlap with 0.38 fibo level and a static resistance. if the neckline breaks by a strong candle, we can open a buy order. The target of this double bottom pattern is around 300.
A good double bottom pattern is going to form on 4H chart of BANDBTC. Bottoms are on 6930 area which has overlap with 0.5 fibo. level So it assumed to be a strong support. Neckline is around 7200 sat, if the price break the neckline then the target will be achieved easily. target of the double bottom is around 7520 area as depicted on the chart. one can open the...
BULLISH SCENARIO - Double bottom pattern on a 4hr USD/YEN chart. If it breaks out of the neckline then we will enter with a trade of 121.6 pips as that was the range from the previous support at 107.281 to the neckline. BEARISH SCENARIO - Double bottom pattern on a 4hr USD/YEN chart. If it fails to break out of the neckline there we will see a push to retest...
AUDJPY Potential Bullish Movement we are waiting for a momentum candle close above 65.8 to buy this one Reason: 1- Inverse Head and Shoulders Pattern (in orange) 2- Objective Trendline (in blue) 3- Support from Daily 60.00 (in purple) Three confluences are enough to consider Buying AUDJPY, after a break below 65.8 (in gray)
Inverse H&S pattern formed on CEY which started in May 2018. Reasonable results today and gold in a strong position. Will it go further?
@jagrut Daily Chart of Nifty Pharma Index: It seems that the index is on verge of completing its bearish phase which was started from April-2015. It seems the index is forming an Inverse Head & Shoulder pattern in strong downtrend. The index is forming a Right shoulder with Neckline of the pattern lies around 8600. The index has to close above the levels of...
CADJPY Potential Bearish Movement we are waiting for a momentum candle close below 82.60 to sell this one Reason: 1- Regular Bearish Divergence on MACD (in red) 2- Objective Wedge Pattern (in blue) 3- Objective Double Top Pattern (in blue) Three confluences are enough to consider Selling CADJPY, after a break below 82.6 (in gray)
Looks like break of a neckline on a weekly and daily chart. A sloppy head and shoulders. Symmetry support held at $48.15 this morning after earnings, but my dowsing suggests selling rallies with a trend reversal, and that ESSENT is in DESCENT. 2 Bar daily squeeze likely to fire short, and I expect downward pressure on indexes, so this looks like the beginning of a...
We're currently seeing H&S formation at the NZDUSD pair. If the price break the neckline, we expect up movement with the size of the head. Potential rise to 0,6560 The model collapses at 0,6380
Strategy: PVA Bias: Bullish. Traded earlier with private and public group members at low since RM0.170. Congrats everyone who followed and profited :) Yesterday, strong reversal from RM0.190 and formed bullish engulfing. Discussed in private message with private group member regarding this potential reversal exactly one day earlier :) Gap up with volume,...