Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
LAND SECURITIES GROUP PLC ORD 10 2/3P, BURFORD CAPITAL LIMITED ORD NPV (DI), SMITH & NEPHEW PLC ORD USD0.20, BIDSTACK GROUP PLC ORD 0.5P, LLOYDS BANKING GROUP PLC ORD 10P, BARCLAYS PLC ORD 25P
FTSE 100, DAX Index, Euro Stoxx 50, S&P 500, Nasdaq Composite, Nikkei 225
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Here's an update to yesterday's idea. We've seen price fall from our highlighted level, in line with a triple top formation at a whole psychological level in the market. Make sure you check these whole levels and familiarise yourself with actual price. It can be very useful!
Triple top indicating rejection from the highs and we should see a nice push towards the downside
Simple technical analysis on Cable today. Price tested 1.37 three separate times (a whole psychological level) and rejected all three times. Price has moved 125 pips to the downside. Combining key psychological levels with double and triple tops is a powerful trading confluence. We also have fundamental news with Boris Johnson to outline further lockdown steps...
GBPUSD SHORT with multiple confirmations. An exaggerated bearish divergence on multiple time frames and a triple top formed.
UPDATE: Full triple top pattern formed and support broken, price is now falling nicely. This is the only trade i have taken this week, quality over quantity is crucial when trading.
1) Price at Major resistance zone 2) triple top 3) Price moving in a bearish channel 4) waiting for the price to break the neckline first with a retest then entry 5) clear divergence 6) 2nd entry after price breaks the bearish channel and then a correction = entry
With an interest rate decision coming out at 1500 hours we can expect the USDCAD pair to carry bearish momentum as the Canadian dollar is expected to come out positive after the interest rate decision.
Triple top which is marked by the horizontal black line signals a reversal which has been confirmed. Although this entry may be late there are still some pips that can be caught and to be safe the TP is at the previous low.
More confirmation to me of a short potential on AUDUSD. Triple/double top (however you see it) gave me my first indicator, proven supply area in the purple box playing out, and formation of H & S pattern on the right has meant I've placed a SELL Limit. SL placed 2 pips above the last high spike, entry placed at the start of this hourly candle, and TP giving me a...
Looks to me like a triple top is forming. which could mean for a short on this pair. Let me know what you think.
Looking for entries for shorts at 134.518 1. Currently sitting in a supply zone 2. Looking for 3rd touch of 0.5 fib level 3. Would then create a triple top 4. Previous break and retest indicating downside Targeting demand zone about 750 pips down can also set a tight SL here
EURJPY currently uptrending. A weakness in JPY has been observed with XXXJPY pairs rising over recent days. However, this pair has came to a halt at the resistance zone forming a triple top. We look to sell to meet the upward trendline. Potential short for 150+ pips once price action confirms bearish reversal.
The DAX is at a make or break position on the weekly. Some will see a double top others will see a triple top. No debates - the point is that these areas carry the least levels of randomness. Positions can be taken on lower time frames. Disclaimers: This is not an encouragement or advice to trade in securities. 70 to 90% of retail traders consistently lose...
so after a triple tap of the resistance leve also inline with the 71% fib holding well . looking a move of around 150 pips gpb is getting weaker and weaker .
Daily chat is showing descending channel being made. Going on a lower timeframe, price respected resistance zone 3 times which is a triple top at best. Going on the 15min for entry, I see price also made a rising wedge + 3 minor triple tops as well so this has me believing that price will go...
Good afternoon traders, Looking at an interesting setup in US dollar versus Canadian dollar with a triple top forming around 1.34 with a third attempt to trade above that level failing and pointing to a pull back lower for the pair. More recently we just had slightly weaker than expected Manufacturing data from Canada which failed to give any real boost to US...
Triple topped on the hourly. Key Resistance in a ranging market. Check the Daily timeframe for even deeper confirmation.