I'm expecting this pair to visit the green zone marked in the chart. I'm also expecting the pair to form DT there. there is also a possibility that the price start falling before reaching this zone( it's unlikely to happen, but expect the unexpected in financial market). So if you can add a sell position here, do it, other wise wait for a confirmation. Please...
COMPUSDT has formed double top patter while bullish momentum is fading out. will the bears attack this reversal pattern and push the price to lower side.
Hi Traders👋🏻 On The Daily Time Frame The NZDCHF Price Reached A Resistance Line📉 Currently, The Price Formed a Head and Shoulders Pattern📉 The Neckline is Broken🔥 So, I Expect a Bearish Move📉 i'm waiting for a retest... ----------- TARGET: 0.54540🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
GBPAUD is forming double top on 1hr chart hopefully we can see the sell pressure through this resistance.
strong institutional funded candle(IFC) located between 8.613 to 8.776 based on SMC
Hello Traders! On The Daily Time Frame, The AUDJPY Reached a Strong Resistance Level 📈 Currently, on 4H Time Frame, The Price Formed a Triple TOP Pattern📉 i'm waiting for a neckline break! Then, we will see a huge bearish move📉 ----------- TARGET 1: 107.710🎯 TARGET 2: 106.890🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
🐂 Trade Idea: Long - AMD 🔥 Account Risk: 1.00% - 5.00% 📈 Recommended Product: Knockout / Option (for 1.00% position) or Stock (for 5.00% position) 🔍 Entry: +/- 108.00 🐿 DCA: Yes, down to 102.89 😫 Stop-Loss: 93.05 🎯 Take-Profit #1: 132.82 🎯 Take Profit #2: 150.00 🎯 Trail Rest: Yes (trail after TP #1) 🚨🚨🚨 Important: Don’t forget to always wait for strong...
Made a double top from Nov 21 to May 22. Then fell and retested the 50 EMA before continuing back down. Stochastic starting to look oversold, but it looks to be heading towards its 200EMA. Next few months will tell. WARNING: This is not a solicitation to trade. Make your own decisions and manage your own risk.
Hello Traders👋🏻 The AUDNZD Price Reached A Resistance Level (1.10520-1.10881) ! Currently, The Price Formed a Double TOP📉 The Neckline is Broken🔥 So, I Expect a Bearish Move📉 i'm waiting for a retest... ----------- TARGET 1: 1.07720🎯 TARGET 2: 1.05827🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
🔍 Current Situation: No favourable buying opportunity on GBPUSD, but counter-trend trading possibilities exist. 🔴 Retest of Double Top: Watch for a retest of the double top pattern completing at 1.2745 on the 4-hourly chart. Traders eyeing a reversal will be attracted. #DoubleTopPattern 🦈 Bearish Shark Pattern: Keep an eye on the Bearish Shark Pattern completing...
BTCUSD Possible Double Top on Weekly Chart A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset's price falls below a support level equal to the low between the two prior highs.
Stock is looking weak in daily time frame. From past few days it’s not able to cross it’s previous swing in daily time frame. It’s at crucial level 520-523. It has bounced multiple times from this lvl. However, if this lvl breaks on 30th June it will be good opportunity to go short. Please make sure there should be a bearish price action in 5/15minute time frame...
In the exciting world of crypto, a compelling bearish setup has emerged on Ethereum's horizon. The price action has given birth to a double top pattern, indicating a potential trend reversal. Moreover, this ominous formation has taken shape on a formidable supply zone, adding strength to the resistance level. With strategic analysis and careful observation, the...
Bitcoin Price Target was reached after the Wall Street-backed EDX Exchange Launch: Bitcoin has formed a double top pattern within an overbought area, which suggests a potential bearish reversal in the near term. The double top pattern is characterized by two distinct peaks at approximately the same level, indicating a potential exhaustion of buying pressure and...
Hey Traders👋🏻 The AUDCAD Price Reached a Major Resistance Level (0.91064 - 0.90637) and Formed an Ascending Channel✔ Currently, The Price Reject To Create New Higher High, The Last Higher Low is Broken (Break of Structure) Moreover, The Support Line of The Channel is Broken! So, I Expect a Bearish Move📉 i'm waiting for a retest... ----------- TARGET:...
Attention, traders! We have an enticing bearish setup in the Gold market on the daily timeframe. The key to this setup lies in the formation of the double top pattern, where price establishes two prominent peaks at approximately the same level. This pattern serves as a robust bearish reversal signal, indicating a potential downtrend ahead. As price stagnated below...
🗣️ Predicting market reversal is one of the most challenging tasks trader are faced with day by day. These indicators and patterns can handle the initial steps for you. Spotting Market Reversal by FrogAlgo 💥 I. The Spotting Market Reversals is made up of two main phases 1) What Indicators for spotting market reversal a. Oscillator TSI b. SMAs...
fuboTV right now has gapped up and hit a 38.2% Fibonacci Retrace and is now Double Topping and Bearishly Diverging on both the MACD and RSI at this level. As things currently are, I would expect the gap to eventually be filled, but overall, fundamentally looking at their financials, I think the stock goes down to the 1.272 Fibonacci extension, which would take it...