triplebottom

The S&P500 is currently trading in a nice range between 2620 and 2810 points. The Fibonnaci level of 61.8% acted as a really good resistance (triple top). Price just bounced for the third time on the 2620 level and could go back up to 2810. However, if trend reverses and breaks below 2620, we could see a big drop. Also note a little divergence with the MACD; it ...

Today may be the day we get the long-awaited bounce in rates and equity. SMI is showing signs of strength with a positively sloped trendline. ES1! appears to fight the sellers' pressure and bounces of the anticipated support at around 2627.00 forming a triple bottom. Now the first resist is visible at 2712 but the major one is expected to be located at around ...

Triple bottoms

EURNZD Trading Bias: Neutral / Bullish and Bearish options laid out Technical Strategy: Rising Wedge (for short trade) vs Daily Support Channel (which may work as triple bottom on D1 timeframe for a long trade) *Wait for price to break down and out of the wedge. If we break up and OUT of the wedge then will re-assess with a potential long scenario* ***EUR will ...

This appears to be a triple bottom forming with the steady trading range we've had and consistent volume. This may indicate a little bit of a bullish move coming in the near future. This being an hourly chart it's hard to take long term predictions from this, but I feel like a key indication will be whether we get a clean break through that hourly resistance at ...

We've come a long way for this entry, finally E/A has formed a triple bottom. We can enter now and risk a bit and we should also get a second entry as price retest to explode upward continuing with its up-trend.

AUDJPY Timeframe: H4 Direction: Long Confluences for Trade: - Stochastic Oversold momentum - Close to Strong Resistance of L/T Trendline (since May 2016) - S/T Triple Bottom Formed Suggested Trade: Entry @ Area of Interest 79.12 -79.85 SL: 78.62 TP: 81.14 RR: Approx. 2.00 (Depending on Entry Level) May the pips move in our favor! Good luck! :D *This trade ...

This pair is back at support 14.00 - 14.20 area, for the third time. Each time making a higher swing low (marked by the blue steps). Yesterday's high has been broken, indicating a possible change in direction, to continue the uptrend. Target areas: 14.50 / 14.90 / 15.20 / 15.60 / 16.25.

www.quora.com .......Jitendra Prasad, M.Tech. Petroleum Engineering & Oil and Gas Industry, Indian Institute of Technology , Dhanbad (1991) Answered Jun 22, 2017 Normally, profitability in upstream and downstream (Refining) sector are inverse.If crude oil prices are higher , oil companies will earn more profit ...

NZDJPY market is overall in bearish bias but the market formed triple bottom on daily time frame with small tail pin bar on weekly TF from a strong support . On daily TF market printed bullish Price Action signal showing a reversal from strong Daily/Weekly Support Level (72.50-72.25). I suggest Bullish reversal upto 73.60 and 74.30. Disclaimer: Any post/comment ...

Perfect Triple Bottom completed, Conformation with Head and Shoulders....You can Long now or wait for the head and shoulders to complete, break and retest 73.374....be careful Thanks

We can clearly see a triple bottom being processed, testing a down trend line. Waiting for a bullish market after 1190 Pullback to retest our previous resistance.

I previously explained the fundamentals on why EA is a strong BUY for a Swing-Trade. We could go back to the $130 level. Here we have a nice triple bottom pattern that could lead to a nice breakout - supported by the release of the new Battlefield game. If price doesn't break resistance, we could see a retest of the resistance - but it is unlikely.

DXY has been under pressure with support nearby at 94.42 however we could see a triple bottom on this pair in the region highlighted below. Long positions to be taken with caution with US Retail data on tap tomorrow.

All small bullish candlesticks are telling the same story, rising up from the bottom. Right now for those who want to enter a trade on BTC: EN: 6340 or current price SL: 5730 TP1: ...

CanaraBank | Weekly | Tripple Bottom Done

Looks like BTC did a triple bottom in the small time frame. It should be heading back up to 7.7+ and if it can keep up we can see it doing 7900. Will post my next idea once it does 7.7+ Please do let me know your thoughts.

triple bottom in the RSI historically preceeding a massive bull run. price could end up reaching $2 - $6 in my opinion BCN is ready to move when the market takes off