This bearish formation means there could be a breakdown down to the 0.1014 range.
Nobody likes a downtrend, I get that. And I really hope and wish my assessment here is incorrect. Unfortunately, the post triple top down trend continues.
Technical Analysis: Triple Top: Line A - Line B Triple Top Possible: Line X - Line Y Confirmed Formations: Triple Top: A-B Up Trendline (-N-) break during wave (D) Bounce off trendline (-X-) at point (E). Notable Mentions: Trendline (-X-) is 23.6% Fibonacci retracement of 2020 lows to Jan 2022 Highs. Low volume at peak (C) Increased volume at point (E) to...
EURUSD managed to form a 🗻🗻🗻 Triple Top pattern 🗻🗻🗻. EURUSD is currently completing the pullback . I expect EURUSD to drop to the next 🟢 support zone($ 1.076-$ 1.0712) 🟢 after completing the pullback to the 🔴 resistance zone($1.095-$ 1.0915) 🔴 and the neckline. 🔅Euro/U.S.Dollar Analyze ( EURUSD ), 4-hour time frame ⏰. Do not forget to put Stop loss for your...
I've been talking about Gold COMEX:GC1! hitting a major high for my last two Livestreams (catch them Friday at 4pm Eastern after the market close). The current price action warrants a standalone post. Each Livestream for many months has had at least one person ask what I thought about Gold. It was very simple: Gold was trending UP to test the major Monthly...
Hello Traders👋🏻 The AUDCAD Price Reached a Resistance Level ✔️ The Price Failed To Create New Higher High and formed a Triple Top Pattern ✔️ The Neckline is Broken 🔥 If Price Stays Under The Key Zone, AUDCAD Can Continue The Bearish Move 📉 ----- TARGET: 0.89655🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Hello Traders👋🏻 The CADCHF Price Reached a Supply Zone ✔ The Price Failed To Create New Higher High📈 Currently, CADCHF Formed a Triple Top Pattern ✔ The Neckline is Broken 🔥 If Price Stays Under The Key Zone, CADCHF Can Continue The Bearish Move 📉 ----- TARGET 1: 0.65795🎯 TARGET 2: 0.65365🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE...
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose
The Big Short came in on the Weekly Chart with a Triple Top RSI Divergence. Currently, there isn't any opportunity for me to engage in the shorting opportunity. While waiting for a tested strategy like the Bearish 5-0pattern to appear, I will look out for other trading opportunity like buying on the demand zone or a Bullish Shark Pattern in taking the...
HI people Welcome to Team Decrypters GOLD FORECAST / GOLD PLAN (OVER ALL SHORT PLAN ):- We Are Expecting Reversal in GOLD SOON RETRACEMENT TILL :- 1960 AREA & 1870 AREA IF we go up first and than come down SURELY we going For Deep Retracement * * News will Come later to support My IDEA * * Note:- Even if we hit ATH like 2100 $ $ level , we will...
The Bearish 5-0Pattern has been confirmed at 82.91; traders who want to jump in for a shorting opportunity could wait for a retest at that level. Alternatively, you could wait for a Triple Top Retest at 83.22 on the 1-hourly chart(left).
BBCA is going to make a downside movement, the target will be 1.618 Fibonacci ratio near the previous gap or 2.24, near the classic target of Head and Shoulder pattern (yellow horizontal line) #fibomic #BBCA
The USDCHF Price Touched the Weekly Resistance Level 📉 Currently, The price is in Double Top Pattern ! i'm waiting for a breakout in the neckline 🔥 Then! we will see a bearish move 📉 TARGET: 0.92925🎯 ..... if you agreed with this IDEA, please leave a LIKE, FOLLOW or COMMENT!
This Is JUST An IDEA. NZDJPY BEARISH TRIPLE TOPS. IN NZDJPY H2 Timeframe Have BEARISH TRIPLE TOPS PATTERN When saw a bearish candle under the PINK LINE Accepted that and TAKE PROFIT Are GREEN LINES. Be joyful and give to another one.
IDX:BBCA is likely forming a Triple top pattern, if the breakout is true then it will go down to its support at 7650. CMIIW
So in this idea there is a triple top that was made on the 4H and nice retest on the 1H so it may be a nice sell opportunity. Please like and leave a comment if you agree!!!
• Triple top formation in the first weeks of the year • Followed by a correction to the price target of USD 143.60, which was the appr. high of the flag • New flag formation with a price target of USD 124.94 • It looks like the stock will test the last October lows