GBP-CHF | DOUBLE TOPNot able to share this, but I catch this 'Double Top' pattern last night. Getting some bags of it. Bay beeeeeeeeee!!!!
Double Top
Wed 23rd Mar 2022 EUR/GBP Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a EUR/GBP Sell. Enjoy the day all. Cheers. Jim
Harmoney - (ONE) THE BREAKOUT POWER LINE Hello trading friends,
This is an extra update for ONEUSDT DEPENDING on the last trends.
Harmoney is still into positive trend and we could see coming time a breakout to 0,17+
The data shows that ONE shows an effect trading that could make some trend volume - same time manage all time the risk.
We will follow ONE coming time to see what changes it can bring, as it's now on the power line.
Markets going on their way and it can take time before it shows some results.
Have a great day.
BITCOIN - BEARISH DOUBLE TOP 📉THE BTCUSD PRICE reached a resistance level .
the neckline has broken, so i predict a bearish move ( bearish double top) 📉i'm waiting for a retest 🧐
TARGET: 40000 🎯
if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Bitcoin - Double top, back down we go!Keep it plain, simple and minimize the noise!
Clear double top pattern on BTC playing out.
First target around 40k, 2nd target 39k.
Notice how the pumps are getting weaker and weaker 👀
Now is not a time to get caught up with what your favourite influencer is saying and is more of a time to stay safe and aware.
At the moment - the market is sideways, choppy and RISKY
I have various different set-ups I'm watching and always waiting for confirmations of each one BEFORE entering a trade
Comment your ideas down below :)
GET READY!!! CRYPTO IS ABOUT TO PUMP!🚀 (The DXY Double-Topped)Hi everyone, This is The Unbounded. One of the newest and most active trading view authors and fastest-growing communities. Please consider following me for the latest market updates and mid and long-term Long / Short calls. Let's get to the chart!
The DXY (US Dollar Index) just confirmed a Double-Top which is a very strong bearish indicator... when the DXY decreases, Crypto INCREASES! 🚀
In addition to the Double-Top pattern, the RSI is in EXTREME over-bought territory which further validates a decrease in the DXY.
Why Is The DXY Important To Monitor?
Most major assets (stocks, oil, etc), including Bitcoin, Ethereum, etc are priced against the US Dollar. Hence, when the US Dollar goes down, everything priced in the dollar gets cheaper. For this reason, the DXY is one of the most macro indicators you can watch for the direction of Bitcoin, Ethereum and the crypto market.
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Namaste 🙏
Double Top DOUBLE top pattern breakdown in us100
👍 👍 👍
trading 💹 with proper sl and tgt we can see downsides Movement
AUDUSD SHORTList of confluences:
1: Double Top/ M Pattern at high.
2: Bearish engulfing candle stick pattern
3: Key Level Breakout
Risk reward for this trade is a around: 3.62:1
AJ Short tradeMarket has entered area of resistance plotted from the daily chart. Market on the 1hr has already entered that zone once and got pushed down. Market is currently in the area of resistance again, forming a possible double top. Currently my stoch oscillator is OB (this is the indicator I use for overbought and oversold situations), waiting for my MACD line to cross under the signal line, then looking for an entry reason. Just my analysis, trade with caution and use proper RR.
WAVES - Double Top - Going Down WAVES going down after double top on 4h Chart.
Neckline indicated in blue line.
Double top formaition spotted on AUDUSDA lower second peak of the double top formation is significant because it shows Buyers were unable to push price back up to the previous resistance area.
ZEC Sub $90 Limit Orders? ZCash large triangle May 2021 local high with breakout in August to reach lower high in Nov forming a smaller triangle.
Higher time frame shows massive double top with lower high in Nov 2021 than May 2021.
6 hour chart shows price action forming a head & shoulders pattern with Price target sub $90 before potentially recovering above $130.
Luna Forming HEad & ShouldersLuna formed a H&S from Jan 13-20, 2022 with a major retracement. Currently, a larger head and shoulders pattern is forming with the left should and head fully developed.
CADJPY - Bearish SharkCADJPY has been giving us an amazing trading experience. Once again, another Bearish Shark Pattern has formed up. What's different from this setup is that the 4-hourly candle has broken and closed above X. This is something that you shouldn't treat lightly.
You can head to the lower timeframe and wait for a Double Top setup with RSI Divergence on the 1hourly chart. That should significantly reduce your initial stop-loss providing and reward of up to 5x.
DXY double top?Looking at the overall strength of the USD we can see a potential double top forming. This is a pivotal moment in the USD to see if we can continue the strength it has shown, or whether the tables are starting to turn.
Bearish Divergence at PCZ of Bearish Gartley and Double TopWe have Bearish Divergence at the PCZ of a Bearish Gartley with somewhat of a double top and from the looks of it our major target will be $3.43 once it breaks the neckline.
Bearish Alt Bat Visible On Gold's Monthly ChartThis is an update to the First Post I made on Gold's Bearish Alt-bat last year just to let you know that it is still in play and that it has just come back up to tap the PCZ a Second Time and this time on Greater Volume this looks like it could be the end and where Gold begins a Presumably Years Long retrace back to the zone between $1,129 and $718.80
If you want to see my original posting from last year on this Alt-Bat i have it on the related ideas section below.
Monthly Bearish Crossing Double TopWe may see a 50% pullback on this as we have broken a Neckline and have Bearishly Crossed on the Monthly MACD and our next nearest support is about 50% below us.
AUDCHF on a double top? 🦐AUDCHF on the 240min chart has created a double top pattern.
After such a figure the price should move to the lower side of the market and I can spot a support ascending trendline that can confirm my idea.
How can i approach the scenario?
I will wait for the European market to open and check for a potential break and rates of the support area .
In that case, I will set a nice short order according to Plancton' strategy.
--––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any questions.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
One is going to be bullish and there are two scenariosHello every one
ONE/USDT
🟡Chart is speaking it self!
-The ONE was in a double Top pattern.
-the bearish break out has already happened.
- regular bullish divergence (+RD) on MACD
- There are two scenarios:
S1: a bullish movement would start from here and at least reach it's resistance
S2: the expected bullish movement would start after touching it's Support zone
-support zone: 0.107$
-resistance zone:0.17$
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Thank you for seeing idea .
Have a nice day and Good luck
Luna will see lower supportIn daily and 4h time frame, Luna built -RD in MACD and RSI. Also, there is a huge amount of volume exactly on its ATH resistance. Finally, the chart created a double top and its neck line was broken in 4h. All of these signs show me that the correction of Luna started.
There are two scenarios:
First, Luna touches again the resistance of 93.7-95$.
Second, the chart breaks its current support exactly from here.
In both scenarios, I expect that the price decrease to lower prices.
In the daily time frame, I expect that the chart decrease to 80$.
Please, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
FTM DOUBLE TOP CONFIRMEDAttention, My signal is not 100% right, So Dwyor and use your analysis before you join me.
Why i belive FTM will turn down? Because :
1. Double top confirmed
2. FTM Still have badnews
3. Breakdown below demand area (strong support weekly)
4. Breakdown RSI weekly
Still have a nice day
