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...
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...
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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 !
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TARGET: 86.120🎯
___________
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TSLA after bouncing back up thanks to a Bullish ABCD with Bullish Divergence is now backtesting the Neckline area of a Bearish Head and Shoulders while Filling a Gap at the PCZ of a now Bearish ABCD that it's formed on the way back up a leading into this zone and now it may make its way back down to about $25.00
Hi Traders!
The AUDUSD Price Formed a Head and Shoulders Pattern.
The Neckline is Broken.
The Support Line is Broken.
So, I Expect a Bearish Move !
i'm waiting for retest...
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TARGET: 0.62100🎯
___________
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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...
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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...
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TARGET: 0.52950🎯
___________
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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🎯
___________
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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...
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TARGET: 0.86190🎯
___________
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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...
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TARGET 1: 180.750🎯
TARGET 2: 178.700🎯
___________
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Despite a difficult last 2 months when both SPX and NDX have formed a potentially bearish Head and Shoulders formation, both are still holding at their respective necklines so far.
Upon zooming out, we could also see that SPX is still trading within its rising channel that was formed since the start of its bull run from Oct 2022.
what transpired so far was a...
Hello Traders!
On The Daily Time Frame, The CHFJPY Price Formed a Double Top Pattern.
The Neckline is Broken.
So, I Expect a Bearish Move📉
i'm waiting for retest...
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TARGET: 162.500🎯
___________
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The picture isn't pretty for Bulls at the moment. With a potential Head and Shoulders formation in the making, the likelihood that both the Nasdaq100 and SPX will be testing their neckline "supports" in the near future appears strong.
September is historically a "weak" month and this year it appears to be no different. Whether this is just a much need correction...
