📊 Overview:
TIAUSDT, following a brief consolidation post-bullish trend, shows potential for a bearish reversal. Bearish divergence on 1-hour and 4-hour timeframes, along with a forming head & shoulders pattern on the 1-hour chart, raises caution of a downward move.
📈 Technical Analysis:
Bearish signals include divergence on multiple timeframes and a developing...
Hello Traders !
On The Daily Time Frame, The NZDCAD Reached a Resistance Level (0.84250 - 0.83960).
The Price Formed a Double TOP Pattern.
Currently,
-The Neckline is Broken.
So, I Expect a Bearish Move 📉
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TARGET: 0.83110🎯
Link on a bigger timeframe is still in the process of forming that H&S pattern, where we are waiting for a nice breakdown to happen near that neckline zone.
This gameplay is valid up until we are below that upper green resistance!
Swallow Team
Hi Traders !
On The Daily Time Frame, The EURCHF Price Reached a Support Level (0.94357 - 0.94176)
The Price Formed an Inverted Head and Shoulders Pattern.
Currently,
The Neckline is Broken.
So I Predict a Bullish Move📈.
Let's Wait for Retest...
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TARGET: 0.95940🎯
We can see the bottom trendline has held support thus far and the red double bottom neckline is holding wick support. Definitely key trendlines to watch in the near future. I could see it retesting the red neckline once the weekly 50ma(in orange) comes up to overlap it for double reinforced support. *not financial advice*
Hello Traders !
On Tuesday 21 Nov, The AUDCAD Reached a Resistance Level (0.90318 - 0.90567)
The Price Formed a Double TOP Pattern.
So We Have a Bearish Scenario:
If The Market Breaks The Neckline and Closes Below That,
I Will Sell on Retest...
TARGET: 0.87950🎯
Hello Traders !
Previously, The EURNZD Price Formed a Bearish Double Top Pattern.
Currently, The Price Reached a Support Level
The Support Line is Broken !
So Let's Expect The Bearish Scenario:
If The Price Breaks The Support Level and Closes Below That,
I Will Sell on Retest...
TARGET: 1.72600🎯
Hello Traders !
On The Daily Time Frame, The EURCHF Reached a Resistance Level.
The Price Formed a Double TOP Pattern.
Currently,
-The Neckline is Broken.
So I Predict a Bearish Move 📉
i'm Waiting for Retest...
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TARGET: 0.94820🎯
Hello Traders !
-The EURAUD Failed To Create a New Higher High.
-The Price Formed a Double TOP Pattern.
Currently,
-The Neckline is Broken.
So I Expect a Bearish Move !
Let's Wait for Retest...
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TARGET: 1.64800🎯
Hello Traders !
On The Daily Time Frame, The NZDUSD Price Reached a Strong Support Level (0.58138 - 0.57406)
The Price Formed an Inverted Head and Shoulders Pattern.
Currently,
The Neckline is Broken.
So, I Expect a Bullish Move📈.
i'm waiting for retest...
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TARGET: 0.61030🎯
MATIC/USDT is showcasing a classic bearish head and shoulders pattern
with a defined neckline that has recently been broken. As Price has had a nice breakdown, it did not have any re-tests of that same broken zone of neckline.
We are seeing a good chance of our target zone still being reached, but we might see a slight bullish movement, maybe to re-test that same...
We've spotted what appears to be a head and shoulders pattern forming, which is generally considered a bearish signal. The right shoulder is currently in formation, and we're closely watching this neckline. If the price breaks down through this neckline convincingly, it could confirm the pattern, suggesting a potential drop towards the major target zone...
HI Traders !
On Friday 20 Oct, The Silver Price Reached a Resistance Level (23.77640 - 23.55650).
-The XAGUSD Failed To Create a New Higher High.
-The Price Formed a Triple TOP Pattern.
Currently, We have a Bearish Scenario:
If The Market Breaks The Neckline and Closes Below That,
We Will See a Huge Bearish Move 📉
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TARGET: 21.10000🎯
As We Talked in The Previous Analysis:
On Friday 20 Oct, The Silver Price Reached a Resistance Level (23.77640 - 23.55650).
-The XAGUSD Failed To Create a New Higher High.
-The Price Formed a Triple TOP Pattern.
Currently,
-The Neckline is Broken.
So I Expect a Bearish Move !
i'm waiting for retest...
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TARGET: 21.10000🎯
Hello Traders !
-The EURNZD Failed To Create a New Higher High.
-The Price Formed a Triple TOP Pattern.
Currently,
-The Neckline is Broken.
So I Expect a Bearish Move !
i'm waiting for retest...
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TARGET: 1.78590🎯
Hello Traders !
On 4H Time Frame, The NZDCHF Price Reached a Support Level (0.51902 - 0.52084)
Currently, The Price Formed a Double Bottom Pattern.
The Neckline is Broken.
So, I Expect a Bullish Move📈
i'm waiting for retest...
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TARGET: 0.53330🎯
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Hello Traders !
On Friday 20 October, The NZDCAD Price Reached a Support Level (0.79808 - 0.79418)
Currently, The Price Formed a Double Bottom Pattern.
The Neckline is Broken.
So, I Expect a Bullish Move📈
i'm waiting for retest...
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TARGET: 0.81100🎯
Hello Traders !
As We Talked in The Previous Analysis:
The GBPJPY Price Reached a Daily Support Level (180.750 - 180.093)
Currently, The Price Formed an Inverted Head and Shoulders Pattern.
The Neckline is Broken.
The Resistance Line Was Broken and Became a New Support Line.
Currently, The Price Created a Correction and Touched The Neckline & Resistance Line
and...
