The pair found a nice support area, created a doble bottom, the downtrend channel expanding and the dollar down performing. Long
The GBPUSD shows another sign of bullishness as it retests a strong demand area and creates a double bottom pattern. Breaking through the neckline of the double bottom pattern. I anticipate a rise towards 1.2550 / 1.2600.
Previously, The Dollar Index Formed a Bearish Double TOP Pttaern. At The Moment, The Price Has Pulled Back to The Neckline and Failed To Break it ! So, I Expect a Bearish Move 📉 ----------- TARGET: 105.08🎯
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BTCUSDT Double Top pattern formed on 5m TF. SL: 61567
The chart is pretty self-explanatory as always :) What do you make of this price action? Have Requests, Questions, or Suggestions? DM us or comment below.👇 ⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or...
Longer-term price action for Litecoin (LTC) versus the US dollar (USD) is on the verge of challenging trendline support, extended from the low of $40.18. With price action failing to print any meaningful highs following the previous test of trendline support, a break below the trendline support could be seen and may serve as an early cue for completing a...
During the day you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation. If you expect any medium-term price movements, then most likely they will start from one of the zones.Relevant to use as a location for installing TP. Levels are valid throughout the day,...
SKYW Daily chart analysis On every rally since 2020, the price has continued to form lower highs ever since the impact of COVID-19. The high point was in January 2020, and subsequent rallies in March 2021, October 2021, and August 2023 all failed to surpass the previous high. After being in a downtrend throughout 2022, the price rallied and then pulled back for...
Multiple time frame analysis for Gold. Forecast, technical outlook. Trading plan. Key levels. Price action. ❤️Please, support my work with like, thank you!❤️
TRB Has formed a Double Bottom on the 1HR timeframe. 3 targets have been Listed.
On the today's live stream, we discussed GBPUSD. The pair is currently testing a key horizontal demand zone on a daily. Our to signal to buy the market with a confirmation, will be a bullish breakout of a horizontal neckline of a double bottom pattern on 1H time frame. An hourly candle close above 1.2502 will confirm the violation. A bullish continuation...
Looking like the sell I wanted yesterday is setting up, again 4 out of 5 requirements met. If trend breaks I will not be adjusting my bias, I will just sit this one out
Pair is testing the broken support level after being rejected by the resistance at 0.98. I think is going to try is going to test again the 0.98 resistance. The double bottom is still active. SL triggers if a weekly candle breaks down the support and closes under it.
Omnia is at a Potential Buy Zone & Double Bottom? This is only for those Risk On Investors looking for a possible +20% Upside should the bottom hold and reverse. Remains Speculative. As always, please get a few outside Expert's Advice before taking Trade or Investment Decisions. Should you appreciate my Chart Studies, Smash That Rocket Boost Button. It's Just...
Hello Traders ! On Friday 26 Avril, The CADCHF Reached a Resistance Level. The Price Formed a Triple TOP Pattern. At The Moment, The Neckline is Broken ! So, I Expect a Bearish Move 📉 __________ TARGET: 0.66026🎯
CHZUSDT Double Top neckline broke on 15m TF. SL: 0.1282700
In this chart of BINANCE:BONKUSDT , the coin is forming a head and shoulders pattrern, citing a possible bearish move for the coin on a day trading perspective. But why am I bullish for the coin? More details on the idea thread below.