📊 Script: BSE
📊 Sector: Miscellaneous
📊 Industry: Miscellaneous
Key highlights: 💡⚡
📈 Script is taking support of level 2075 which is neckline of double top.
📈 We may see bounce back from here.
⏱️ C.M.P 📑💰- 2148
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor....
Overview
Google ( NASDAQ:GOOGL ) is in the dangerous territory of a double top formation. I've discovered this same macro-pattern with a few other assets as well. In combination with a rise in long-term Treasury Yield Curve rates since December 2023, I think a rush of selling pressure could be around the corner.
Technical Analysis
Utilizing Fibonacci...
Hello Traders !
On Wednesday 29 Nov, The NZDCAD Reached a Resistance Level.
The Price Formed a Double TOP Pattern.
Currently, The Neckline is Broken !
So, I Predict a Bearish Move 📉
TARGET: 0.80090🎯
It's Forming A Double Top Pattern After Testing $60K As Mentioned Earlier....
It Means It Can Again Go For $60K And If BreakDown Then $50K Can Be Seen ....
BreakOut And Hold Above New ATH Will Make This Pattern Null And Void
In this chart we have observe a Double Top and Bearish Divergence which spotted that it will take a Down rally.
so we place Entry & TPs points accordingly.
In this chart we have spotted Double Tops, and we also spotted bearish Divergence in the RS 14.
We are little late in the entry
But we expect we can hit the TP
In this chart we have spotted a DOUBLE TOP and we precise an entry accordingly. There is a slight Divergence spotted, which might be a chance of reversal.
In this chart we see a series of HH & HL and at the top point we spotted a DOUBLE TOP with no new HH. On that basis we have decide to take a short entry.
If Bitcoin is unable to get above the bottom of this long-term rising wedge, the top may be in when it fails to reclaim it upon re-test.
It could still go as high as 85-106k, or even higher the longer it takes to reach wedge bottom.
Given this turns out to be true, when this top is finally in we may see the deepest and longest correction in Bitcoin's history,...
#OM/USDT #Analysis
Description
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+ I'm seeing clear RSI divergence pointing towards bearish price trend for the OM/USDT
+ Also the chart looks like the price has reached double top pattern which is a bearish pattern.
+ Overall there is a short trade opportunity if we trade carefully....
DOGE broke out of a weekly wedge that targets 94 cents.
Logarithmically, 94 cents is quite near its previous ATH.
This could suggest it's headed towards a double-top with a slightly higher high just under or just above 1 dollar.
Hi Traders !
Yesterday, The Dow Jones Price Formed a Double TOP Pattern.
Currently, The Neckline is Broken !
So, I Expect a Bearish Move📉
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TARGET: 38355.00🎯
We could still see a monthly wick up to an area between 82.5k and 100k, drawing bulls in, prior to the March candle close, giving confirmation of new ATHs, suggesting a prolonged bull run.
The monthly candle for February still closed at the exact same high as the October and November 2021 monthly candle close and open.
If the March candle closes below ~61350,...
MSTR is seen as somewhat of a BTC trust given its BTC holdings, however, over the last few years we've seen MSTR engaging in the obsessive dilution of its shareholders and in recent days it was announced that they would further dilute shareholders in order to buy more BTC at the highs. I see this as being totally against the deflationary limited supply spirit of...
Hello TradingView Family / Fellow Traders,
On Daily: Left Chart
GOLD has been bullish trading within the flat channel in blue and it is currently hovering around the upper bound.
On M30: Right Chart
📈 For the bears to take over, we need a momentum candle close below the last major low highlighted in gray.
📉 Meanwhile, XAUUSD would be bullish short-term and can...
Hello Traders !
On The Daily Time Frame, The USDCHF Reached a Resistance Level.
Currently, We Have 2 Scenarios:
Bullish Scenario📈
If The Price Breaks and Closes Above The Resistance Level,
We Will See a Bullish Move...
TARGET: 0.90130🎯
Bearish Scenario📉
If The Market Breaks The Neckline (0.87860 - 0.87426) and Closes Below That,
We Will See a Bearish...
Is CADJPY exhausting at resistance zone?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence, suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 108.
What you guys think of it?
