Greetings All, Based on the rounding top pattern, I'm bearish on MRNA in the short-term. Target $116, which is also the 61.8% retracement level from the ATH ($189). Happy Trading! Disclaimer. My ideas are for informational purposes only. My ideas do not constitute solicitation, recommendation, endorsement, or offer to buy or sell any securities or other...
STOCKMAN VIEW: on Bharti Airtel Bharti Airtel has formed top Rounding Top pattern for the last 5 months. Analysis Trend : Bearish Resistance : 490 Target : 380-390 Time Frame : 4-6 months STOCKMAN IDEA
Roundedtop pattern and earnings worst than expected, it can open on gap down tomorrow. I think it could touch 200-199 area.
Rounded top pattern appears after price has been touched the trendline .
lousy trend line indicator tool upside down cup & handle Perfectly Rounded top Monthly chart to daily chart I'm not a professional but I'm probably right on this one
Short if it doesn't sustained at 353 354 levels Target of 340 in Short term GAP filling Stop loss 366 368 Rounding Top pattern at 1 hour TF
I decided to republish this chart with a tightened up arc, and added some initial price zone/targets.
Hello fellow trader As you may see in the chart CHFEUR is forming a rounding top. This pattern's statistic shows a high reliability concerning its expected breakout. Possible entries for a short and a following long trade may be taken from the chart. Be advised that the price may already bounce from the projected short entry and rise into the pattern's...
I like the setup to at least test previous support. A break above would get my attention.
ROUNDING TOP IS A BEARISH PATTERN AND IT USUALLY SHOW EXPECTED REVERSAL IN THE ONGOING TREND. TAKE POSITION ON BREAKOUT AND EXIT ON NEXT SUPPORT OR MAJOR SIGN OF WEAKNESS. BREAKOUT SHOULD BE SUPPORTED WITH VOLUME. CONSULT YOUR ANALYST BEFORE MAKING DECISION .
Before the technical analysis, Please do like comment and follow. In the Hourly time frame, there is a half-circle pattern formed. Take entry after the breakout is done, Easy target will reach when the breakout is done, but target will reach after the retest. Do wait for the target. A breakaway gap is there, as well as target, is also in the gap so it will fill...
Most people's idea of a rounded top is "bearish" and should break down at the neckline. However, personally I found that half the time this is not true. A test at the neckline and a decisive rebound from there, I will go long. A rather aggressive short term trade with stop loss just below today's candle low and with near term profits between 2.20-2.24. Dividend...
CAD CPI is released in 20 Min. Better than expected CPI Scenario Levels as shown in the chart
KO broke to the downside and is continuing down to the support level of a top completion. This aligns closely with the prior gap up.
TWLO is forming a short-term Rounding Top Formation with support nearby. There is some Dark Pool Quiet Rotation™ that is increasing the rounding action on this chart.