Here I have EUR/JPY on the 1 Hr Chart! The HOT news on French PMI Thursday Morning followed by the Not-So Hot German and Manufacturing/Services PMI readings began the formations of a strong reversal pattern called a Double Top! The mixed PMI results for USD seemed to ease Euros' decent BUT With 2.8% CPI and talks from the ECB of "possible Rate Cuts in March",...
TX SWAP looks to be trying to form a bottom between the 1.618 PCZ and 1.902 HOP Level of this Log scale Bullish Crab, it has also confirmed some Bullish Divergence on the MACD. As a result, TX SWAP may attempt to break out of the bigger Falling Wedge pattern, assuming the HOP holds and the Divergence plays out.
ITW is in a daily squeeze that looks primed to fire long. It just developed a fractal double bottom after a much larger double bottom. If it can break the resistance at $264, I think it climbs higher to $283 (the smaller double bottom price projection). It could do this on the strength of the daily squeeze and then, with luck, maybe it'll trigger the montly...
Angloplat chart shows that price is in long-term decline and we are getting close the COVID low price. Price action has respected the Pitchfork and we see an area where there will be expected to be strong support, the intersection of the Pitchfork support and the horizontal support line. Before we get there we might find a turning point where the lowest price of...
NZDUSD is tranding in a bearish trend since long time and it will potentially reverse from here after breaking neckline of double bottom bullish points seems more stronger than bullish. trend is very bearish although it has start consolidating but we would take entry after closing of bullish candle above neck line
gold today test the down resistence level and seller reject the pullback bearish movementum gold price hitting 2019 , and retest up and test same resistence 2025 and back short momentum my analyse goal 2010. please safe trade like comment and follow me don't forget to follow next analyse.
Hello Traders ! On Thursday 22 Feb, The XAUUSD Reached a 0.6 Fibonacci Retracement Level. The Price Formed a Triple TOP Pattern. So, Let's Expect The Bearish Scenario📉 If The Market Breaks The Neckline and Closes Below That, We Will See a Bearish Move... TARGET: 2006.600🎯
Given the formation of a double top in Filcoin, it is likely that the price will decline. Taking this into consideration, I have opted for a short position and plan to secure profits once a swing low is reached.
As We Talked in The Previous Analysis: The XAUUSD Reached a 0.6 Fibonacci Retracement Level. The Price Formed a Triple TOP Pattern. Currently, The Neckline is Broken. So, I Predict a Bearish Move📉 TARGET: 2006.600🎯
Great hourly double bottom shaped yesterday on Netflix chart. The context looks good: we are in the correction wave on daily with retracement ~50%. Broad market also recovered yetserday and looks strong. I'll be defintely watching reaction near 586 level, where strong sell-off occured on Tuesday, with a goal to enter on the next hourly higher low
Hi. COINEX:LITUSDT ✅Today, I want to analyze LIT for you in a 3D time frame so that we can have a MID-term view of LIT regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). ➡️Double bottom is in forming on weekly timeframe. Looking for the retest of the neckline, If the neck breaks,...
GBPJPY Bearish Price: 190.608 SL: 190.708 (100 Pips) Target profit: 189.994 (613 Pips)
After recent massive bearish rally , Market formed a double bottom on weekly with bullish div seems like the price may go for another leg higher. Entry 1.746 SL 1.510 TP1 1.990 TP2 2.226
LSPD (Lightspeed) appears to be oversold at the moment. The arrival of the new CEO is expected to significantly boost the stock. Additionally, there are signs of a potential reversal, particularly on the lower timeframe of 15 minutes, with an inverse head and shoulder formation indicating a possible turnaround. I anticipate LSPD to rebound and test the resistance...
BTC failed to cross 53k level again & again. Due to weekend & end of the february month, we expect a major drop up to 44k level.
in my pervious posts i drew btc should move up now near to resistance and need some correction for raise and if you see volume of trade you can understand buyer be weaker than before so be care if in trade
USOIL Short from specified level as double top , bearish divergence occur. We can attempt to short from specified level SL , TP mention in chart
Wish you tons of profits in the new week. GBPJPY pair hit almost all-time high last week. This triggers us to wait a decreasing price in this pair at least for a short period of time before getting into higher highs. Therefore, the possibility of price decreasing for me is higher, in which I'll wait the price to go down to the major support level. The action of...