Price breaks the 1964-65 zone as i mentioned in my last post that if it break below then the next target will be 50-55 as you can see price came to that area,Follow for daily mapping of different pairs
OANDA:USDCHF Hi , Trader's .. As you can see price made double top , And now market needs to test neckline or support zone Further Bearish structure confirmation will be made after Breakout of neckline Short term target 0.9340 area target 2 0.9310 ❤️ Please, support my work with follow ,share and like, thank you! ❤️
Welcome back! Let me know your thoughts in the comments! **USDJPY 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. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight...
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AUDNZD has formed a bearish butterfly pattern, and also potential double top. This is a good trade opportunity to take. Trade with care. I will update at here if the trade opportunity is given. Do follow and boost if you found this idea helps.
On the medium-term timeframes LTCUSDT, another figure is identified by my publicly available scripts. This time it's a double top. Therefore, with sufficient probability, we can expect that the next significant movement will be - DOWN. All figures on this chart are built automatically by my scripts available for free to every tradingview user on my page:...
With Oil companies reporting earnings and also a majority of them attempting to break ATH, I have my eyes on SHEL, CVX, and XOM. CVX and XOM already reported earnings and did not have an all around beat but CVX beat revenue and XOM beat earnings! SHEL is set to report their earnings on Thursday pre- market and I will be looking to enter into a swing in either...
Double top formed we wait for a break in market structure (BMS) A retest and then we sell
Gold is bullish and resist from level 1898 after making double top on 2h , Trade your levels accordingly.
By looking at the week TF chart I analyzed the following things that I want to share: 1. Duration of the first double top was 567 days 2. Duration of descending channel was 238 days 3. Formed a bullish rally (approx 76% up) of 21 months by breaking a major resistance level 4. Duration of the second double top was 574 days 5. Duration of descending channel was 238...
As we can see in EURUSD a double top has formed and the structure of it has been broken indicating that the pair would like to push down. Also upon retracing it rejected at a key Fib level 61.8. This is also a key level for the Elliott wave theory for wave 2 indicating we are in the formation of wave 3 which should be an impulse down furthering this bearish...
Bullish Indications 1. Higher Highs and Lows 2. Trend line not broken Bearish Indications (BIASED SHORT) 1. Rejected from Resistance Area 2. Double TOP OR BAT Pattern Formation In Progress 3. AB=CD Reversal Pattern 4. Formation of Bearish Divergence
hello guys: As you see on chart, price formed a double top (it is not perfect but still valid), after confirmed this pattern pullback and moving downward as height as 0.6 of double top height but first target of this pattern is $117 so I think apple has a deep retrace to decision point to touch bearish trendline and after that will start mid-term bearish...
Bullish Indications 1. Higher Highs and Lows 2. Good Momentum Green Candles 3. Formation of ABCD Pattern 4. Currently Price is at Good Support Level 5. Bullish Flag 6. RSI Good Indication 7. Price nearly touches 0.5 fib level Bearish Indications 1. Double Top Formation
upon break of neckline we have a 4.5% target as displayed on the chart.
-Price found support at the monthly demand zone and formed a double bottom. -Price then made a series of Highs and Lows as it began it's bullish push -Price then met resistance and closed Friday candle as a doji, hinting at bullish exhaustion. -The large bearish candle of today closing further confirm that price is ready to make a move to the downside. -Price also...
- Price made a bullish push from the previous low and reached the monthly resistance zone. - Once price reached an area of resistance, it appears that price formed a double top (which is a reversal pattern) - I expect price to begin selling and find support at the neckline or break and retest the neckline before continuing to fall and test the previous higher...
ICICI Bank in weekly Chart formed double top and shooting star. SL is 943.25 1:1 target is 851.05 MACD divergence are also negative.