CRV 2H Will go uptrend?CRV offers the most beautiful and simple charts, including:
Uptrend line,
Double bottom pattern,
Clear resistance and support zones.
This opens up new possibilities for buying from support or when there's a breakout.
Double Bottom
EURUSD will higher moveThs is my psychological view about eurusd .it has already printed double bottom in the 1H time frame but ,due to the weekly close of the market may be reduced the strength of the doble bottom .so to breakout this bearish channel EURUSD has to form a new patter like head and should to make a bullish reversal .so i am expecting a bullish bias for the next week on the EURUSD
Double bottom for MSTR
After finding support at the bottom of the channel, NASDAQ:MSTR formed a double bottom in 1H. The target of this move should be 375 if CRYPTOCAP:BTC continues the up move.
Disclaimer – WhaleGambit. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Platinum is trying to break the resistance!
As we expected in the previous published idea, we got a nice follow up after the price formed a double bottom. The price has risen to the first resistance level. Breaking this will push the price to the 980 level.
Disclaimer – WhaleGambit. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
SUNTV GETTING READY FOR BIGSUNTV
Based on Monthly Chart.
Next Immediate Target 660 -700±
It is in the formation of W Pattern & Price moving in the Uptrend Channel.
If Monthly Closing above 710+ in this month or If it is Closing above the marked trendline resistance in monthly Chart, then it will Open the Door for 4 Digit Target of 1097± & 1040±
NOTE : Shared my View based on Chart. It is for EDUCATIONAL PURPOSE ONLY NOT A RECOMENDATION. Do Your ANALYSIS From your side too before entering the Trade.
XAUUSDXAUUSD (GOLD) changed to bullish structure after closing above previous LH.
Double bottom pattern
1st buy with strong bullish momentum candle at major key level
2nd buy at closing higher than the recent high
EURJPYEURJPY 4hr has already made a new high by breaking/Closing up the previous high that indicates the continuation of the Bull Trend, expecting pull back from the previous Key level by making double bottom pattern
GBPCAD - BULLISH DOUBLE BOTTOM📈Hello Traders!
On The Daily Time Frame The GBPCAD Reached a Strong Support Level and 0.61 Fibonacci Retracement!
Currently, The Price Formed a Double Bottom Pattern.
The Neckline is Broken🔥
So, I Expect a Bullish Move📈
i'm waiting for a retest...
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TARGET: 1.72950🎯
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ABNB looking to reverse a retracement LONGI look to see if ABNB will bounce from a 0.5 Fib Level and continue a trend up. This is shown
on a reliable daily time frame chart showing an unusual reaction to decent earnings. I will
watch for support and then reversal on that fib level. I will go down to 30-60 minutes to
find the entry. The chart has the death cross MAs and a confluence of the long MA with
the fib levels.
Xrp retest and bullish scenario #Xrp should go down to retest 0.55 level and then it should start pumping following blue arrow.
Below the red trend line is risk.
CADJPY - Resistance Becomes Support Hi Traders!
On The Daily Time Frame The CADJPY Reached a Strong Support Level!
Currently, The Price Formed a Double Bottom Pattern.
The Neckline is Broken🔥
So, I Expect a Bullish Move📈
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TARGET: 108.580🎯
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usdjpy → another long positionhello guys...
as you can see, this pair formed an ascending channel and in the short-term made a double-bottom pattern.
if the price retraces to the gray area you can enter a long position until the end of the arrow I mean 145 area.
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always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
📌 Potential LONG-TERM SELL setup for: AUD/USD👩🏽💻 Technical overview: AUD/USD has had difficulty surpassing several Moving Averages on higher timeframes. The daily support level was recently breached. Furthermore, the last daily candlestick showed a long upper wick, often indicating intense selling pressure. The 0.65 level is significant as this level might allow for a double bottom pattern to form on the 4-hour chart.
🎯 Potential Entry Strategies:
• Scenario A Bullish Outcome: If the price doesn't drop below the 0.65 level, it could complete the formation of the second bottom of the double bottom pattern. This could then lead to a bullish reversal.
• Scenario B Bearish Outcome: If the 0.65 level is broken, we could expect further downward movement in price.
NEOUSDTNEOUSDT is trading in bearish trend and recently it has formed double bottom pattern with strong bullish divergence.
price is fading selling pressure after double bottom pattern seems like bulls will take control from here.
If the price is successfully close above 8.5 level, it will be time for bulls to take control.
What you guys think of it ?
JUBLIANT PHARMA Levels, swing posed for an upmove of 20%
1) Monthly - Reversing from Previous low after a proper Double bottom Reversal Pattern.
RSI perfectly moving from oversold to strength of 60+. Mid term investors may look to accumulate at the demand zones with Previous low 270 region as SL for a target of 625+.
2) Weekly shows a good breakout breaking out of an 8 months old stiff resistance,
after having consolidated for solid 7 weeks.
3) As the daily RSI is in overbought zone, one may consider buying at the retest of the trendline breakout at 420 zone or the demand areas marked in green.
Demand zones - Green zone.
Supply zones - Black zone.
1211: Maaden (Support Zone)Price has touched an important support level
Level has been respected several times recently
An upside movement potential is evident
Trade with SL, ride the trend with trailing SL
Double bottom on the 15We can see a pretty nice example of a double bottom on the 15 with just over 4 weeks before the next witching. The next few weeks should be pretty interesting.
Baja Finance Intraday Trade Levels and AnalysisThe stock is reversing from demand zone after 4 days of consolidation in the same zone, also there is a double top breakdown in Daily time frame, and the stock is poised for a retest of the Double Top neckline area.
75 minutes shows Double bottom very evident with RSI divergence and RSI moving into 70+ strength zone, an up move of odd 7200-7400 levels is possible.
Hence with the above levels, one can consider a long Intraday trade with an RR of min 1:1 or max even 1:2.
EURCAD - New Breakout !Hello Traders!
On The Daily Time Frame, The EURCAD Reached a Support Level !
Currently, The Price Failed to Create new Lower Low 📉 and formed a Double Bottom Pattern !
Moreover, The Resistance Line is Broken🔥
So, I Expect a Bullish Move📈
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TARGET: 1.48350🎯
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if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Essex Property Trust DCA - Double bottom Company: Essex Property Trust
Ticker: ESS
Exchange:NYSE
Sector: Real Estate
Introduction:
In our latest technical examination, we focus on Essex Property Trust, a significant player in the real estate sector. The daily chart brings to light a possible bullish reversal pattern, specifically a double bottom, which has been in development over the last 279 days.
Double Bottom Pattern:
A double bottom is a classic technical analysis pattern that suggests a potential reversal from a preceding downward trend. It is characterized by two distinct troughs at roughly the same price level, with a peak in between – visually resembling the letter 'W'.
Analysis:
Essex Property Trust's prior trajectory was bearish, marked distinctly by the blue diagonal resistance line. However, the formation of the double bottom pattern suggests a potential shift in this trend. The horizontal resistance, or the "neckline" of the double bottom, is identified at 240.88$.
Currently, the stock's price is not only above the 200 EMA, indicating a bullish ambiance, but it has also surpassed the horizontal resistance. This breach makes the case for a bullish entry more compelling. Based on the depth of the pattern, our projection for the price target stands at 286.23, translating to an approximate upside of 18.81%.
Conclusion:
Essex Property Trust's daily chart paints a promising bullish picture, signaled by the double bottom formation and the breach of key resistance levels. A favorable trading opportunity seems to be on the horizon, provided other market conditions remain supportive.
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As always, ensure that this analysis integrates seamlessly into your comprehensive market research and risk assessment practices. It should not be misconstrued as direct trading advice.
If you found value in this analysis, please consider sharing and following for more insights. Wishing you successful trading!
Best regards,
Karim Subhieh
Disclaimer: This technical analysis is intended for educational purposes and does not constitute financial advice. Always conduct thorough research and seek advice from a financial consultant before making any investment decisions.
✅NZD_JPY DOUBLE BOTTOM|LONG🚀
✅NZD_JPY was going down
But then the pair established
A double bottom pattern at 86.39
And upon a rebound broke the
Neckline of 86.82 so I am
Now locally bullish biased and
I think that we will see a
Potential move up
LONG🚀
✅Like and subscribe to never miss a new idea!✅
Double bottom pattern Today stock or it call stock of the weak
*Berger paints India Ltd
Fundamental analysis
market cap 68451cr
PE ratio 79.5 this High value compare to 1, 5&10 years, lower compare to 3years PE
PEG ratio >1 to high
ROCE 23.8
ROE20.4
Dedt to equity 0.6
EPS 8.85
Technical analysis
Double bottom formation
Near at resistance level of the double bottom
Current level is main resistance 707and next resistance is 745
Can get 1:1 ratio of risk reward
Take 550 as a stop loss can get 1000+ 1:1.5 ratio risk reward
DOGEUSDT Technical Analysis Update📈 #DOGEUSDT Technical Analysis Update 📈
🐻 Trend: Bearish
🐮 Divergence: Bullish
⏳ Reversal Pattern: Double Bottom
🚀 Breakout Confirmed: YES
📊 Trade Idea:
📌 Buy Entry: Market order at current price
🛑 Stop Loss: 0.07254
🎯 Take Profit: 0.07847
#TechnicalAnalysis #Cryptocurrency #TradingOpportunity
📈 Trade with caution and do your own research.
💼 This is not financial advice, it's for educational purposes only.
🙏 Always use appropriate risk management and set stop losses.
💰 Invest only what you can afford to lose.
Happy trading! 🚀📊 #TradingView #CryptoTrading #InvestmentAdvice
