Chart shows impending PARSAR flip, also triple support confirmation from last run, squeezing bollis, also news catalysts , Skull and Bones removal and audited fins, company has been active lately.
I believe a triple bottom is forming on this pair, with each bottom being a higher low, indicating the end of bearish pressure and momentum. (Note: the higher lows are indicative of an emerging bullish pressure due to sellers being unable to push price down below the last low) Triple top and bottoms are known as reversal formations, when the market is getting...
Triple Bottom and closed the week with a bullish harami confirmed on the weekly chart. Triple bottom on the daily chart as well. Happy New Years!
Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria. The time of maximum pessimism is the best time to buy! Ethereum Classic is giving off many signals that trend is shortly reversing. The pattern is clear to see, there is a triple bottom forming, the price has been fiercely defended at the current levels, on the...
I am BULLISH on Daily for UJ. Here's why: 1. 3 bottoms (circled in green) suggests price was unable to find lower ground 3 times, making the support a sturdy one. 2. It has already cleared R1 level at 104.317. Unless something out of the blue happens, I don't see why it shouldn't hit R2 at 107.442 area since there's nothing in its way on the chart.
We are going long GBP for this pair. There is clear divergence on the daily chart and weekly indicated with the white lines.Our stochastic's look good for a long as well. As well we have big support here with the triple bottom. The price has been tested 3 times and is holding. More to see on the weekly Entry 1.7726 with the target being around 1.89
Hello traders, I am always on the lookout for ranging markets. If we have triple bottoms formation then thats a good way to go long. The risk on buying that support is next to nothing. If that never happens then you could buy on the breakout of resistance straight away and set your target on the next resistance. Trade safe, trade well
Another simple setup but superb one. We have triple retests around 1330's in XAUUSD, I have initiated long positions based on 3 reasons, 1) Three time price retested this zone 1330 in XAUUSD 2) Hammer with Bullish confirmation close 3) Risk-Reward is good For this particular trade setup,pls check ur trade plan and check whether it suits you before entering...
ONTX Triple Bottom with increasing volume. I'm looking to be moderately conservative on this buy; the 38.2% Fibonacci level will act as a nice price target for this bullish play. Viewing this chart, one can see that ONTX has been unable to sustain its gains above the 50% fibline, so you may be able to sell at that point, but as a low float stock anything can...
Here we are looking into a potenital triple bottom on USOIL with RSI indicating an oversold market strong supportive level being met at around the $46 mark, i would like to see this level hold and a reversal up over the trend line drawn with the first target at $49.6 and second target around the $51 resistance level
Here on the AUDCAD we´ve been on a downtrend for a while, we´ve come to a structure support area were we have made a double top so far that have hold up the price. Right now we have formed a Bat formation at structure looking to make a potential triple top then push price up to our target, before price will eventually continue the trend. our PRZ levet are...
Price has formed a triple bottom pattern meanwhile we have a MACD bullish divergence. We should watch for a buy setup at this level.
$lode working on a triple bottom
USDJPY has formed a triple bottom, hugely respecting the 111 level. We also have a fibonacci 61.8% on 110.4, so the zone 110.4-111 works as a really strong support. The price is also respecting the TL from 2013, making the current zone really strong and the pair would need a huge momentum to push the price below these levels. The TPs are based upon fibonacci and...
Price has comleted a bullish bat pattern. At the D point we clearly see a triple bottom and in MACD a divergence. Too many factors to give us a high probability buy setup.
Looking at the 2 week chart we can see a clear formation of a triple bottom. Such a pattern is used to predict the reversal of a prolonged downtrend. This whole month has been full of volatility so we may see more movement soon. I am remaining positive that we may see upward movement soon. Read more: themerkle.com
Corn has been diving over the last 3 years since it's peak in 2012. Beside small correction move in 2014, it was pretty much a nose dive that cut corn value in more than half. Since October 2014, Corn has been bouncing around the 22-23$ support zone, which is also the 127 extension for the first part of corn's decline (Aug 2012- Jan 2014). The second time...
DOUBLE BOTTOM IN THE CHART DAILY AND TRIPLE BOTTOM IN THE CHART 4H . 2 SIGNAL FOR BUY . GOOD LUCK.