Gleanmark trying to give trendline breakout and seems this time it will cross the resistance zone as it was already attempted thrice. Target on chart.
this looks like the pattern but im new at trading so i wanted some feedback! could this continue lower from this point on? theres also a bearish cross on macd so this could go lower
+0.24% on AUD/NZD 🇦🇺 🇳🇿. The price almost reached local support after formation of the Triple Top as was expected. As the ROT and Stochastic crossover suggest the price is going to test the local Resistance. If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button Also share your thoughts and charts here in the comment ⌨️ section.
BNBUSDT created a triple top on weekly resistance and broke the daily dynamic trendline. ––––––––– The triple top is a type of chart pattern used in technical analysis to predict the reversal in the movement of an asset's price. Consisting of three peaks, a triple top signals that the asset may no longer be rallying, and that lower prices may be on the...
AUD/NZD🇦🇺🇳🇿 has formed the Triple Top pattern. Together with the rejection of the price by the Local Resistance line the Stochastic overbought crossover suggest that the price is going to drop. If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button Also share your thoughts and charts here in the comment ⌨️ section.
Just a purely speculative idea, not trading advice. Bearish sentiment and high index/ETF P/C ratio of 1.5 suggests might be near bottom in near-term. Economic data is NOT c/w recession; annualized growth 33% was great! If FAANGs deliver, it will move higher IMO. Trade at your own risk; GLTA!
I post my charts so I can hear your ideas, contradictions, or support for the following graph. NFLX making a triple top would start a downtrend. (even if you dont see a triple top, if a double top forms its the same result) The triangle still has ways to go to determine its break so it can go either way. With earnings this month I believe they did not acquire a...
AUDCAD on the daily chart hit and bounce over a weekly support. After an uptrend move the market couldnt make new highs and created a triple top before melting in 3 strong bearish day till the 0.618 fibonacci retracement of the previous leg. We can expect the price to retrace a bit for week closure, being today the last day of the week. IF the price will break and...
I found this pattern at tickeron website with the following data: STATUS = Confirmed CURRENT CONFIDENCE = 70% TARGET (EXIT) PRICE = 18.20 USD BREAKOUT (ENTRY) PRICE = 19.01 USD DISTANCE TO TARGET PRICE = 1.02% EMERGED ON = Sep 18, 08:00 AM (EDT) CONFIRMED ON = Sep 21, 09:36 AM (EDT) WITH CONFIDENCE LEVEL = 75% The Triple Tops pattern appears when there are three...
The pair has formed a triple top in last months and now it will drop towards the 200-day simple moving average at 68.8, it could be the first target of the bearish impulse because if that moving average will be broken nzdjpy could reach even 66.00 which is one of the most important support zones. New Zeland economy is not performing very well and the RBNZ will...
UPDATE: Full triple top pattern formed and support broken, price is now falling nicely. This is the only trade i have taken this week, quality over quantity is crucial when trading.
OKTA has formed a triple top pattern (potentially bearish). Despite the last top to be higher than the 2nd, a bearish divergence formed and it came down very quickly to the "neckline" @ 193. The odds of it breaking below 193 have increased and should it have a close below 190 then the downward trend is set in motion until the next support @ 173-177 Disclaimer:...
Price is currently in a major resistance zone with multiple hits that were followed by massive bearish moves. Drop to a lower time frame and look out for a reversal pattern in this zone. Enter a sell after price breaks out of the reversal pattern in the direction of the trade. Good luck!
Its just send a powerful signal for Triple bottom and next target ... BUT be careful it may crate a RECTANGULAR PATTERN and just come back to the support line again