We expect further downside on this pair, signalled by the formation of a triple-top pattern. We can also see the breakout of a counter-trendline supports our directional basis
Hi Traders ! On Wednesday 27 Mar, The Bitcoin Reached a Supply Zone. The Price Formed a Triple TOP Pattern. Currently, The Neckline is Broken ! So, I Predict a Bearish Move 📉 ---------- TARGET: 64000.00🎯
price is struggle to break 151 level if failed to break then this will be big reversal
Targets on screen, wait for confirmation ETH fees are on top high so a drop expected soon, be prepared. Still, the bullish market is not over yet.
Hello Traders ! On Thursday 22 Feb, The XAUUSD Reached a 0.6 Fibonacci Retracement Level. The Price Formed a Triple TOP Pattern. So, Let's Expect The Bearish Scenario📉 If The Market Breaks The Neckline and Closes Below That, We Will See a Bearish Move... TARGET: 2006.600🎯
USDCAD 4H TF. There is a potential triple top pattern because of strong resistance area it means Short if it break the swing low. But if the price go up and break the resistance area you can find best entry setup with lower TF such as 1H 15M 5M. But be careful because on 13 February 2024 there is a Inflation Rate News which is high impact for USD.
Hello Traders ! On The Daily Time Frame, The GBPJPY Reached a Strong Resistance Level (188.816 - 188.301). The Price Formed Triple TOP Pattern. Let's Expect The Bearish Scenario: If The Market Breaks The Higher Low (1.70595 - 1.70440) and Closes Below That, We Will See a Bearish Move... TARGET: 184.900🎯
As We Talked in The Previous Analysis: On The Daily Time Frame, The GBPJPY Reached a Strong Resistance Level (188.816 - 188.301). The Price Formed Triple TOP Pattern. Currently, The Neckline is Broken So, I Expect a Bearish Move. TARGET: 184.900🎯
Hi Traders ! On The Daily Time Frame, The AUDCHF Formed a Triple TOP Pattern. -The Neckline is Broken. So, I Predict a Bearish Move 📉 ----------- TARGET: 0.56370🎯
Triple top is forming out, the pair it's been rejected from the 1.339 resistance. It totally makes sense. Oil just hit bottom (I think) and the CAD is correlated with it. So oil will go up and CAD will follow. On the other side the USD is getting weaker due the FED policies. The only problem is that key support. I have a feeling that is not going to hold much...
NEO, in a pivotal moment, grapples with a substantial weekly imbalance, acting as a steadfast barrier to further upward movement. Traders are eagerly eyeing the potential for a breakout, especially after three resilient tests of this crucial level, suggesting the emergence of a genuine upward surge. 📈 Key Observations: 💡 Formidable Weekly Imbalance: NEO contends...
📈 Overview: Despite a bullish trend, KSMUSDT faces challenges with a triple top formation and a bearish divergence. The recent establishment of the first lower high (LH) adds to concerns. 📊 Technical Signals: Triple top formation, LH, and bearish divergence indicate potential weakening in the bullish momentum. 📉 Trade Strategy: Traders should exercise caution. A...
📈 Overview: CHFJPY's uptrend encounters challenges with a flat top, bearish RSI divergence, and a bearish market sentiment above 90%. The neckline break signals a potential shift. 📊 Technical Analysis: Flat top, RSI divergence, and neckline break indicate a possible reversal in CHFJPY's upward momentum. 📉 Trade Strategy: Traders may consider a short position...
Hello traders what do you think about gold? traders gold now see a triple Top (Bearish pattern channels In trading.a triple top pattern is a bearish chart pattern that indicates a potential trend 📉 reversel from an uptrend to a downtrend lt is characterized by Three conservative peaks (or highs) that are approximately equal; following by a price...
Hello Traders ! On The Daily Time Frame, The NZDCAD Reached a Resistance Level. The Price Created a Rectangle Pattern. So, Let's Expect The Bearish Scenario: If The Market Breaks The Support Level and Closes Below That, I Will Sell on Retest... ----------- TARGET: 0.82450🎯
I had puts on this one and sold them at the 117 support. We are having a nice bounce up from that same support so I'm buying puts again as shown. The triple top is a strong bearish pattern and at every rally to upside is an opportunity to short it.
Classic Triple Top Formation is in progress for GOLD. With Volume decreasing on each top, we could see a breakpoint penetration taking the price to 1400 Levels. Need to keep a look on it .