Price at a very strong supply zone, where as you can see each time price tries to break though sellers quickly push price below, showing bears are applying a lot of pressure to this zone.
Price tried to breakout of double top resistance and make higher highs. Breakout failed and is creating a bearish candle pattern. Sell Stops are listed Take Profit is listed Macd is currently in a buy position being above the 0 level line. Bullish Continuation Trend failed Possibly will make Macd fall below 0 level line Macd will be my stop loss if below 0 level...
I'm about to call a classical Triple Top. Volume declines, momentum declines. IF(!) 8600 will be rejected and we will brake support it will be confirmed. Target 6700. Stay tuned
Expect it to keep dropping if it couldn't find support at the 200 EMA. It's now found a new support at 0.0004902. Good time to take a position in my opinion.
We are looking at a solid run from XLM after a disastrous month. But be wary since a reversal may come soon. A look at XLM's most recent pattern - the triple top reversal. Volume has been pumping since the 22nd of this month but as you can see that from the peak of the 25th, volume has been on a steady decline. Be forewarned that if we do not see volume pumping...
BABA’s exceptional run seems to be triple-topping. While the long-term trend remains up, the short and mid-term pictures look like they have turned to the downside. The company should announce earnings on Feb 1 before market open and I would wait for this catalyst to go long, just in case any fundamental disappointment should take us lower to confirm the poor,...
We have a triple top created on the EUR with great convergence with the RSI respecting a simple resistance at around 60% . If the triple top plays out and still fits my idea after market opening this evening, there is no reason this pair cannot fall to the 1.21500 supply area and further to 1.20711 support. Although we do have to take into consideration...
PIVX is forming a classic pattern. We have 2 scenarios. A preferred scenario which is current, or alternative scenario which is possible. First we notice a short term double top. Market did correct in past few days but this is normal with every market. Don't call the sky is falling. It's not, well at least not yet. Scenario 1: Light Blue: Nice noticeable flag...
Pair just had a bearish breakout of an ascending triangle lower trendline. Watch 15m for a break-hook-go to confirm bearish move Watch hook portion if price returns into triangle as a head fake 1st bearish take profit fractal/swing low 2nd bearish take profit swing low
i think we have a Triple top here, and if price break 1.265 we can pull trigger for short position.
IF THIS HAPPENS - THEN WHAT? This is a bullish chart pattern but price could have a bearish breakout. Entry on 15m charts with break-hook-go Bullish breakout- buy stop and TP as shown Bearish breakout of lower trendline TP ! and TP 2 as shown
Analyze AUDUSD on his uptrend looks like will forming triple top on strong resistance. Possible break the trendline and pullback to that resistance.
Encuentro una buena oportunidad en corto de GBPUSD donde localizo un triple top en una fuerte resistencia . el 61.8% de Fibonacci coincide con el soporte del canal donde nos estabamos moviendo en TF4H. I find a good short GBPUSD opportunity where I find a triple top in a strong resistance. the 61.8% of Fibonacci coincides with the support of the channel where we...
Multiple bearish divergences on CCI support the analysis. Also a possible double or triple top as a reversal pattern might be the signal of the bearish prediction. ------------------------------------------------- Constructive Critics are well received. *I appreciate your feedback. Thank you.
usdjpy has just formed two top pattern and by the looks of it, it should hopefully form a third one in which will hit the trend line and either retrace back. OR it could possibly hit the second green support line and maybe retrace back to previous green support level. this goes back to my previous analysis I made recently, check it out guys.
The general alt context is the one of a very strong correction. Some major cryptos broke (yet) historical support levels, LTCBTC -4.43% just broke the 0.010 line that supported the price since may. It confirms the Triple top pattern. The trade has, seen the context and the major break, an high probability of success. We well use the maximal amount of money...