As you can see in the chart, gold has printed a triple bottom pattern that usually signals the end of a downtrend. It broke out from the resistance area and closed a few days over it, that means that the pattern is confirmed. Now I expect a pullback till the previous resistance area(1730$) to be produced, It is a classic retest of the breakout point that could be...
1000LUNC has formed triple bottom with a clear reversal candle supported by decent volume action. Possible long setup: Buy: $CMP TP: $0.1853-0.1901-0.1949-0.2017-0.2103-0.2213-0.2353 SL: below $1.75
Gold based recently at major support and tested the 1615 area 3 times. This only served to reinforce the support (55-month ma, long term channel mid-point, 50% retracement) - see my video from October 17th We have over the last few days severed the downtrend that extends back to March. Attention is on the early October high at 1702 - a close above here will...
Retracement from Triple Bottom Short upward movement until top of Falling Resistance (Channel) Entry @current level, until top of channel (TP) Watch for breakout for fresh entry
$BTC (Current Update) Bitcoin Is Trading In A Loop Of Support & Resistance ($18300 - $19800)📊.... There's A Chance Of Testing The Support Level Again (Triple Bottom), Then Again The Resistance.... Any Time BreakOut📈 Or BreakDown📉 Can Happen.... It Will Change The Whole Secenerios.... Stay Alert For More Upcoming Updates....
We have shot up to a new range high which got deviated and retested successfully (what looks like a double but it is in reality a triple top due to the swept high that preceded which is a stronger pattern to trade). We can also notice a bearish divergence in RSI. Targets marked; FVG and equal lows.
Did a buy at the end of a triple bottom of the EURCAD pair. 36 Pip count. For FMI (Forex Mastery Institute) homework.
The total evaluation for the bitcoin chart is currently bearish. Please be mindful of your risk management as always, I sincerely think we are now in for the low. We re-tested 19,500-19,800$ as much as we want with now a confirmed triple bottom. Do I still stay bearish in a macro time frame? Absolutely, since the SP500 and NASDAQ are far from actual dumping...
Triple bottom formation with bullish RSI breakout+bullish RSI divergence..Risk reward ratio 1:3
Hello trader ! Today, i present you my chart analysis of BTC\USDT. As you can tell, a clear Triple Bottom has formed. Thank you for reading ! Don't forget to like and subscribe :D See ya !
If you look at the 4h time frame chart of AXS you can clearly see that it successfully completed and confirmed the triple bottom pattern breaking out the resistance line. I will consider to wait for a pullback and enter a long at 14.02$ with an stop loss at 13.43$ and i will take profits at 16.62$.
We never quite made it to the 1.5x target from our double top back in Jan 2021. That's not to say it's still possible we see it and even reach the 2X target making new ATLs. However, I can see the possibility of a weaker low made near the top of the green support area, and that occurs and we turn back up from there, dominance may for a triple bottom (or an...
USOIL has launched from 87 USD price and reached psychological level of 90 USD, the pattern has completed 3 touches on the bottom and confirmed twice on the tops, ready to go to 96 USD target. Please let me have your comments.
Patterns Identified- "Triple Bottom" inside "Falling Wedge" pattern Bottom to neckline measurement is approx. 17.89! The measurement for the wedge from its lowest low and highest high is approx. 198.46. My entry will be just above the break of the neckline at 172. I will use a stop loss which I won't disclose on this forum. Profit taking areas will also be...
AUD/USD is in a bullish trend . The price action is forming an Expanding Triangle , currently testing the Rising Support and Horizontal Support Zone with a Triple Bottom and a Bullish Candle Pattern nearby. Expecting bulls to push prices higher.
MCD has produced a triple bottom Bullish support pattern
ASX:MIN Daily TF Waiting to see if Mineral Recourses Limited confirms the direction change & continuation. Off a Triple Bottom and Downtrend Break, the 2 remaining things I am looking for are Bullish Momentum indicated by RSI & price to break through Resistance Zone. This happened in a similar occurrence at the start of the year JAN-MAR. If it fails to break...
We can see a perfect break of triple bottom and retest of neckline on the 4 hour timeframe, heading to a beautiful long buy. We see a nice down trend and going for the resistance of the trend line. Just retested the 10 and 20 EMA.