Monthly. SPX (candles) and NDX (line). 🤔 Of course not every double top ends in tragedy...but this looks textbook. Does anyone have knowledge of previous double top calls and what other indicators to watch?
FX:USDJPY continues to form an ascending price channel. After breaking one of the resistance lines, the price is forming a pattern that could weaken the price during the DXY stop. On the chart, I have marked two levels that are quite close to each other. Pay attention to the levels 145.06 and 144.9. The price forms a correction after the formation of a double...
The price can not breakout the blue structure but break down the uptrend from 12.680 If close goes down below 22.200 and double top will complete TP1 : 19.260 TP2 : 18.071 TP3 : 15.519 TP4 : 11.390 The TP4 is under the previous low ,the price might rebound at this area .
GBPJPY has formed double top pattern and facing healthy red candles rejection from the top. As the price is still above inclining trendline but bullish pressure seems to be limited. Will the bears take charge and send the price to downside?
WEAT the Wheat EFT has been volatile of late due to the Bakc Sea shipping deal falling apart when Russia refused to renew it. Brazil has been trying to increase whet exports to pick up from the fall off of Ukrainian shipments to Africa and others. On the 4H chart, WEAT has fallen 15% from the double tops of July demonstrating the high volatility in what is...
Chart Analysis: BITSTAMP:BTCUSD KUCOIN:INJUSDT The Bitcoin market shows signs of stirring from its slumber! As anticipated in our preceding commentaries, BTC is making its way towards the 18k zone. However, the strength to break through significant resistance points eluded it, just as we discussed in our earlier videos. Notably, there has been an adjustment...
NSE:SWSOLAR completed Double top formation and the candle has closed below the neckline given the breakout for the pattern. Stop loss and Target for the same has been given.
Hello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Microsoft💪 On the monthly timeframe you can see that Microsoft stock once again retested the previous all time high at the $340 level and once again rejected it towards the downside. You can also see that after the recent...
- Double Top - Bearish Bat Harmonic Pattern - Overbought - Bearish AMEX:SPY
Welcome back! Let me know your thoughts in the comments! ** GBPAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
EUR/USD 1HR TimeFrame Double Top with Tweezer Top great confirmation for selling Technical analysis on resistance
SAXO:EURUSD Forming a Double Top on daily chart. Strong resistance at 1.6786. watching it to fail and to target 1.6600 follow by 1.63640 for long term.
Hello Traders! On The Daily Time Frame, The AUDCHF Price Formed a Head and Shoulders Pattern📉 The Neckline is Broken 🔥 So, I Expect a Bearish Move📉 i'm waiting for a retest... ----------- TARGET: 0.57360🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
EURAUD is trading in bullish parallel channel and reached at channel resistance. Fortunately channel resistance and long term double top resistance coincide at same point, which attracting sells to take control. Will sellers took benefits from these confluences and push the price to lower side?
EURUSD has formed a price action reversal pattern double top on its hourly chart and the price is trading below the Neck Line Breakout: 1.10050 targets 100%: 1.09626 150%: 1.09423 200%: 1.09211
Recently BARUSDT has shown good bullish momentum but failed to sustain it and formed double top pattern with bearish divergence and now showing sell pressure. Will the bears attack on these confluences and direct the price to downside?
Hi Traders👋🏻 On The Daily Time Frame The CADJPY Price Reached A Resistance Level (107.400-107.812) and 61.8 fibonacci retracement level ! Currently, The Price Formed a Double Top Pattern📉 The Neckline is Broken🔥 So, I Expect a Bearish Move📉 i'm waiting for a retest... ----------- TARGET: 104.950🎯 ___________ if you agreed with this IDEA, please leave a LIKE,...
AUDUSD appears to be getting ready for a Short opportunity with a good Risk:Reward ratio. Cross of 200 EMA from above will be a confirmation. Watch out for the same.