GBPJPY on the 4 chart couldnt break above the resistance area at the 140.240 area. The price after the last rejection is testing the 138.250 zone. IF the price will break and close below we will set a nice short order according to Plancton's strategy. ---- Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly...
GBPUSD, created triple top pattern and have RSI divergence, now you can place a pending sell order at the neck line
TECHNICAL ANALYSIS -SInce July, the market was moving in a clear Ascending Channel, reaching first the Resistance at 124.884, breaking it. After that the price started bouncing on the Resistance at 126.552, a strong weekly resistence, a reversal point several times in the past. The price created then a clear TRIPLE TOP, completed during the end of September. -In...
Dabur broken neckline of tripple top and strugging at neckline since last few adays. If break support then a fall can be expected till next supports. Targets on chart...
FX:GBPUSD Possible triple Top pattern on GBPUSD 4H We're short on this position, we've negative divergence on RSI and a tweezer tops pattern on 1H timeframe.
Hello every one U.S. Dollar / Canadian Dollar USDCAD failed to break the resistance line three times and formed a triple Top and broke the bottom of the parallel channel. The price goes down to the support line. Traders, if you liked this idea or have your opinion on it, write in the comments,We will be glad. Things can change... The markets are always...
Rejected for the third time @ $19.4K Unless a big bank jumps in right now, there is no logical way to pass this resistance with the current momentum. This is a 15 min Chart.
My TA isn't the best considering im still fairly new to the trading world. But from what im picking up on the s&p are bearish signals. considering the fact that the market has literally been being pumped and printing money all year since march, cases on the rise, undecided president still, trump won't leave the chair without a fight, well, i could go on. but from...
Which scenario is more likely? Start the uptrend at the end of the channel or trust the triple top pattern ( just wana mention that using this pattern in uptrends is less valid ) and break the support line ? leave a comment and share ur idea
A triple top near the 1.1900 P.N. Im expecting a Pullback to the 1.1850 area before a bigger move higher as the DXY is looking weak and possibly heading to 88.00. Im shorting it down then I will turn to a buy position. Longer term target in the 1.2000s area.
Greetings! US SP 500 CFD As you can see, the triple top is formed. which is a sign of a drop in price If the price can not break the resistance, the price will fall. It is the analysis in daily timeframes that raises the importance chart is speaking it self!! Take a look at my previous analysis!! Things can change... The markets are always changing and...
Another day, another short squeeze. Stocks are surging to new all-time highs this morning, off the back of positive vaccine results from Pfizer's latest trial. "Dr. Jansen said the outside board did not say how many of those cases came from participants who had been vaccinated. But with a rate of more than 90% effectiveness, most had to have been in the placebo...
Bearish IMO, moving back down soon. Might still get higher Friday; or risk-off EOW, who knows?! 42D cRSI shows the divergence pattern. Rising on weaker price action. Rally likely end at resistance around 3500. Could pump & dump Friday, be ready; on 5 Nov (Guy Fawkes') DJI trades below its 4 Nov peak at 28500; this is a tech rally. Trade at your own risk, this...
Hey guys, Happy Friday! No gap up today (for a change), and we appear to be forming an island reversal pattern at the top of the triangle (350). We're seeing some weakness today off the back of a possible Biden victory, but most of the overnight losses were reversed after a stronger than expected payrolls print. Some of you might be wondering why Vix is down...