Hello Traders ! As We Talked in The Previous Analysis: -The NZDJPY Reached a Daily Resistance Level (89.619 - 90.202). -The Price Formed a Double TOP Pattern. Currently, -The Neckline is Broken. So I Expect a Bearish Move ! i'm waiting for retest... ----------- TARGET: 86.150🎯
Hi Traders ! On The Daily Time Frame: -The NZDJPY Reached a Resistance Level (89.619 - 90.202) -The Price Formed a Double TOP Pattern. Currently, We have a Bearish Scenario 📉 If The Market Breaks The Neckline and Closes Below That, We Will See a Bearish Move ! ----------- TARGET: 86.120🎯 ___________ if you agree with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
META released a decent set of results last night, but trade action post market is very weak which makes me think there is a scenario where it could be headed as low as R240 to meet the Rising 200wma and previouys level of support at approx R245.00. Stock recently made a new high which was not confirmed by the RSI forming a lower high (bearish divergence). I would...
After subsequent negative news, we see again a important floor broken and a falling knife movement. There are two different patterns indicating a move towards 180 or into a side movement corridor between 168 and 196 which is again 15 to 30% downwards potential. It's an ABC pattern (not a perfect one) as well as the side range which includes a local double top....
olectra formed a double top on daily time frame which can lead to total bottom upto 1012. best point to enter is 1050 ranges for long term can push price to 1500 if RSI convergence occurs as i anticipated.
Hello Traders ! On Friday 22 Sep, The GBPCAD Broke a Strong Support Level (1.65373-1.67148) This Key Level Becomes a New Resistance Level. The Price Created a New Correction in The Previous Week! Currently, The Price Formed a Double TOP Pattern. The Neckline is Broken. So, I Expect a Bearish Move ! i'm waiting for retest... ----------- TARGET:...
Hello Traders ! On Friday 29 Sep, The NZDCHF Price Reached a Supply Zone (0.54738 - 0.55028) Currently, The Price Formed a Double Top Pattern. The Neckline is Broken. So, I Expect a Bearish Move📉 i'm waiting for retest... ----------- TARGET: 0.52950🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
As We Talked About in The Previous Analysis: If The Market Breaks Support Line and Closes Below That, We Will see a Bearish Move. Currently, The BTC Price Formed a Double Top Pattern. -The Neckline is Broken. -The Support Line is Broken. Let's Wait For Retest... TARGET: 26300.00🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Hello Traders! The EURGBP Price Reached a Daily Resistance Level (0.87014 - 0.86951) Currently, The Price Formed a Double Top Pattern. The Neckline is Broken. So, I Expect a Bearish Move📉 i'm waiting for retest... ----------- TARGET: 0.86190🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Is CHFJPY exhausting at highs? 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 163.6 followed by 162.70 What you guys think of it
In this technical analysis, the idea presented is the 4-hour chart of BINANCE:WOOUSDT , which appears as a bearish indication of a double top pattern. With that, I plotted two potential diagonal support lines to consider for a breakdown to materialize. I have a bearish sentiment for WOO based on an unlocking happening this October 10 per defillama.com . What...
Is GBPJPY exhausting at highs? 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 181.5 followed by 179.5. What you guys think of it
Hello Traders! On Wednesday 16 The GBPJPY Price Reached A Monthly Resistance Level (186.098 - 186.805) The Price Formed a Double Top Pattern. The Neckline is Broken. So, I Expect a Bearish Move📉 i'm waiting for retest... ----------- TARGET 1: 180.750🎯 TARGET 2: 178.700🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Technical Analysis: Bank Nifty down by over a percent today, it led me to analyse its long term charts and what I see is not that great (P.S-I am not an expert) Let's start with the big question, is it forming a Rising Wedge? It clearly looks like plus it has tested the resistance for over 6 years now. Now talking about the weekly chart of bank nifty, it looks...
Is MKRUSDT exhausting at highs? 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 1400 followed by 1220. What you guys think of it?
Hello traders this is my new idea about gold based on Harmonic Elliot Waves method as you see there is a possible harmonic pattern and a double top in PRZ zone I hope this analysis would be helpful !
CADCHF is been on enormous bullish trend and reached at Daily resistance area. This is the area which sellers might be looking for to relief a bit. Will the sellers attack this confluence?
EURGBP made an unsuccessful attempt to break through resistance on the background of weakening pound sterling. A false breakout in the double top format is forming. TA on the high timeframe: 1) False breakout of range resistance may bring the price back to support 2) The liquidity target area is around 0.85600. TA on the low timeframe: 1) A move back inside the...