With over 60pips move in our direction since my last publication, the character of price action during the course of last week trading session appears to have shed more light on the direction that the majority are heading as price broke and closed below our previous key level @ $1.39850. As multiple rejections of our previous neckline @ $1.39400 (see link below...
EURZAR on the 4h chart created a triple top below a weekly resistance. The price is currently testing the ascending channel trendline over a daily support and according to Plancton0's strategy if the market will break below we will set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly...
A triple top reversal has formed around a key orderflow level of 4370. ES_F has been pinned to a key support level of 4370 for 10days and MACD is trending lower. A Breakout below 4370 will complete the pattern. S&P 500 has a steep hill to climb over the next 2 months. Chip Shortage China Tech Stocks Poor $AMNZ earnings Moratorium Ending 10Y Yield...
#BCHUSDT $BCH form a triple top pattern. to complete this pattern price have to close a 4h candle below the support zone. If it happen #BCH will drop to $440 and $420 But if this zone support the price strongly, $BCH can go up to $430 and $440 again .
#BNBUSDT Triple top pattern can drop the price to $250
With over 600pips in our direction since my last publication on this pair (see link below for reference purposes); The price hit a peak around AU$1.85000 in June 2021 and has since then continued to find lower lows. The appearance of a Double Top structure on the chart is a very strong clue that hints at a reversal momentum building as we experience a significant...
As you can see there has been a rough resistance at the 74-75 levels and it has been like this since August 2018. For me, the volume speaks volume and if you are to compare the volume levels to the previous volume levels we have got something juicy. Each time at this 75 dollar level we have never experienced high volume and finally, it has come! Quadruple top on...
I think price will drop like this after price made a triple top pattern on chart.
It's over 300pips run in our direction since my last publication on this pair (see link below for reference purposes) and it appears another trading opportunity is unfolding as we await the completion of a reversal setup after multiple rejections of the Supply zone @ $1.42250 area in the last 25 days. The Pound edged lower during the Friday trading session but...
Early days on this idea, obviously. It could blast up to higher highs and invalidate for sure (this market is anything but predictable). For the record, I'm neither a bull or bear, just an agnostic who likes to make money. Feel like this chart could be useful for bulls to consider for stops and bears to consider for shorts. I'll be tracking this.
Hello, all the participants of this platform. I'm new to trading. So you don't need to take my feedback seriously. This is just my opinion, my review and nothing more. I have never been involved in trading, I have only studied this area, kept my diary, recorded my observations, and created my own personal training program for myself on which I plan to trade. If...
Bpcl has been in somewhat of an uptrend as of late. But for the third time since last july 2020 today again it failed to cross the levels of 481-482. If tomorrow it crosses and closes above 481 we can most likely see an upside till 510 or higher. The same way if it closes again in red with a decent body below todays lows it can be shorted with 482 as a stoploss....
ETH correction is starting to lose steam. Possible downside push, may get another slight retrace(or big).
USOIL after a triple top rejection of the resistance area retraced at the 0.786 Fibonacci level. The market from there started an impulse to the upside and currently testing the 66 level. According to Plancton's strategy if the market will break above we will set a nice long order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴...
EURUSD is Breaking its Triple Top at 1.2185. While Above 1.2185, EURUSD would target 1.2290. But, Failing Above 1.2185 and break below (1.2100, its Double Bottom) again, would open the way to retest 1.1990.