ALI in our buying zone , with double bottom , RSI divergenceali has reached in our buying zone , with clear double bottom pattern , rsi divergence .
use 5% of your capital
Double Top or Bottom
ICAD Long after pullbackWaiting for a pullback. Looking for entries between 2.90 and 2.40.
Trend
Broke out of its base, trading in a confirmed uptrend near its 52-week high.
Price Action
Strong upmove but, with notable regression from recent highs.
Momentum
Very high, rising.
Volatility
High, rising
Volume
Very high
EURUSD (1H) - Bearish Reversal with Double TopOANDA:EURUSD
📶 Technical Analysis:
🟠 From January 13th to January 29th, the market was in a strong bullish trend, with prices steadily moving higher. The trend was supported by consistent higher highs and higher lows.
🟢 Between January 24th and January 28th, a Double Top pattern formed. This is a classic bearish reversal formation that occurs when the price fails to break above a key resistance level, marking two distinct peaks (tops) at roughly the same price level. The failure to surpass the previous high indicates that the buyers are losing momentum and that the market could be turning bearish.
🟢 On January 29th, the trend line was decisively broken, confirming the shift in market sentiment from bullish to bearish. This breakdown is a crucial event, as it suggests that the upward price movement is no longer sustainable, and the market is now in the process of establishing a downward trend.
🟢 Following the break of the trend line, the price started to form lower highs and lower lows, indicating that sellers have gained control of the market. This pattern is typical in a bearish trend, as it shows diminishing buying pressure and an increasing presence of sellers.
🟢 The bearish crossover of the moving averages further solidifies the reversal. Short-term moving averages crossing below longer-term moving averages indicate that the bearish momentum is accelerating. This is often interpreted as a signal to sell or go short, as the market is now in a confirmed downtrend.
🟡 Key support levels along the new trend line will be crucial to monitor. If the price breaks through any of these support levels, the bearish trend is likely to accelerate, leading to further downside potential.
🆕 Fundamental Analysis:
🟢 The US Dollar (USD) continues to strengthen, as the US Dollar Index (DXY) reached a weekly high of 108.35, driven by strong demand for the Greenback as a safe haven.
🟡 President Donald Trump threatened to impose 100% tariffs on BRICS nations and 25% tariffs on Mexico and Canada if they challenge the US Dollar's dominance or attempt to create an alternative currency. This statement could further increase market volatility and impact global trade relations.
🟡 The Fed held interest rates steady on Wednesday and indicated that it will remain in a wait-and-see mode until there’s substantial progress on inflation or weakness in the labor market. This signals a cautious approach in monetary policy.
🟢 The Euro (EUR) continues to weaken amid expectations of easing monetary policy from the European Central Bank (ECB). German CPI data shows inflationary pressures are easing, boosting hopes that the ECB may lower rates in the future.
🔤 Summary:
🟢 The EUR/USD pair remains under pressure due to a combination of factors, including weaker German inflation data and strong US Dollar performance. The pair is expected to maintain a bearish trend, with the focus on potential short positions around the newly formed trend line or key levels of resistance.
🟢 Watch for the trend line or significant resistance zones, as they may offer entry points for short positions if the pair continues to respect the downward trend.
🔴 If the price breaks above the trend line or key resistance, the current bearish analysis will no longer hold. In this case, it would be prudent to wait for further indicators and clear price action formations before taking new positions.
AMZN is looking for an uptrendAMZN hits the target of double top. After reaching the target area, it will form a V-shaped bottom, and if it is maintained, it will form two double bottoms, which makes the stock set for an upward trend.
Colgate-Palmolive close above support forming double bottomNYSE:CL close above support despite earning surprise, volume is also strong. It has lost all the gain in the last year, it looks like an oversold to me. Let’s see if it can form a double bottom next week.
CHOLAFIN - A clear triple bottomCHOLAFIN has formed a clear triple bottom.
Keep this stock in your watch list and watch-out for a break-out with strong volume around the upper blue line. ( Strong resistance)
DALBHARAT - Amazing consolidation!!DALBHARAT has taken a support around ~1720 with a resistance around - 1930!
Will it break 1930 and fly? Keep an eye on this gem!!
DYOR before you invest.
ICICIGI - A comfortable Triple bottom pattern Analysis:
This chart indicates a potential triple bottom pattern, which is a bullish reversal pattern. This pattern typically forms after a downtrend and suggests that the stock may reverse its trend upwards.
Support: The triple bottom is forming around the 17880 level, indicating strong support at this price.
Resistance: The immediate resistance level is around 1,879.95, with a stronger resistance at 2,000.00.
The formation of a triple bottom is a positive sign, but confirmation at resistance through a breakout with high volume is crucial before taking a buy position. Monitor the price action around the resistance levels and moving averages for additional confirmation signals.
Berger Paints - Double Bottom in ProgressProgressive Double Bottom for Berger Paints
Breakout above 500 can give big targets to 620/662
STMXUSDT at a Make-or-Break Level – What’s Next?Yello, Paradisers! Are we about to see a major bounce on STMXUSDT, or is a breakdown lurking? Let’s break it down.
💎STMXUSDT has been in a healthy retracement and is now approaching a key support zone. If the price takes inducement and reaches this level, we’ll be watching for bullish price action confirmations—particularly a Bullish I-CHoCH on lower timeframes. This would significantly increase the probability of a bullish move.
💎Additionally, if we see a W pattern or an inverse head and shoulders forming in this area, it would further strengthen the bullish case. Stay alert and monitor price action closely.
💎However, if STMXUSDT breaks below the strong support zone and closes a candle beneath it, our bullish setup becomes invalid. In this scenario, it’s better to stay patient and wait for a more favorable price action setup.
🎖Remember, Paradisers—trading is all about waiting for high-probability setups. Discipline and patience always win in the long run. Stay sharp!
MyCryptoParadise
iFeel the success🌴
JASMY at a Crossroads: Breakout or Deeper Drop?Yello, Paradisers! JASMY remains in a bullish market structure on the higher timeframe, but the question is—will the current retracement lead to a breakout or a deeper correction?
💎Right now, JASMYUSDT is retracing into a crucial support zone. If the price breaks above the resistance trendline with strong volume and confirms a bullish I-CHoCH on lower timeframes, it would significantly increase the probability of an upward move. However, patience is key—confirmation is crucial before entering a trade.
💎If the retracement deepens or panic selling kicks in, we’ll be watching the next strong support zone. A bounce from there is possible after taking inducement, but confirmation will still be necessary—look for a bullish I-CHoCH on lower timeframes or classic reversal patterns like a W pattern or inverse head & shoulders.
💎However, if the price breaks below the strong support zone and closes candle below it, our bullish scenario becomes invalid. In that case, it’s best to step back and wait for a stronger price action setup before making any moves.
🎖The key here is discipline and patience. Don't chase trades—wait for high-probability setups and let the market come to you. This is the only way to stay consistently profitable in the long run.
MyCryptoParadise
iFeel the success🌴
BTC DOUBLE TOP?Opened short positions on January 29th based on the following criteria:
Fed decision to maintain rates.
BTC hype at all time highs.
NVDA "largest pullback ever" earlier in the week.
Technical Analysis Pattern: Double Top potentially forming with recent price rejection.
Stop Loss @ 106,550
Exit Short @ 87,200
Risk / Reward: 3.25
MoonWell - similar bottom and bull flag, breakout = 40%+ profitLadies and gentlemen, we have a bullish reversal pattern forming on the six hour chart for Moonwell, happening inside a larger bull flag on the daily chart. It is currently printing a little flag following a similar price bottom bounce, which may end up being the second portion of a small Adam and Eve reversal. A conservative position stands to make at least 40% profit, selling at $0.057. COINBASE:WELLUSD
-Contingent upon breakout of the flag on the six hour chart-
Drill Baby Drill? Has OXY reached its bottom?Unless the market overall crashes in February, which there has been talk thereof, I'm looking at a double bottom forming here and the drill baby drill to start to kick in. LEAPS CALLs in this area? Whaddya think?
BTC | W-BOTTOM Pattern Continuation - UPDATEA quick continuation on yesterday's BTC update, with regards to the bullish W bottom pattern that likely takes us into the new ATH.
There are a few conditions that need to be met in order to "secure" the W pattern, but we're currently not seeing these conditions met. The good news, is that it's beginning to look more like a cup an handle pattern, also a bullish pattern.
This daily lose and especially the weekly close is going to be a KEY candle close to watch.
___________________
BINANCE:BTCUSDT
Silver UpdateMy last post with silver we ended up seeing price break below. Have been watching it ever since and fixed the TA a little bit.
Looks like I was pulling my trendline from the wrong base and targets still stay the same.
Make sure to check the relevant post!
🎯$36
OMN.JSE Omnia - Potential Buy Zone. Double Bottom?Omnia is at a Potential Buy Zone & Double Bottom?
This is only for those Risk On Investors looking for a possible +20% Upside should the bottom hold and reverse.
Remains Speculative.
As always, please get a few outside Expert's Advice before taking Trade or Investment Decisions.
Should you appreciate my Chart Studies, Smash That Rocket Boost Button. It's Just a Click away.
Regards Graham.
KOTAK BANK SHORT TRADE (WAITING )Trading Near Rejection Zone
Again Rejection at Monthly, Weekly, Daily UPPER BAND
As There is Very Low Probability that price sustain above UBB when BB is expanded it will may start falling once PVT BANK also give new low in 60 min
Waiting for 60 min Trend change
once it 60 min trend change to SW will take action depending on the new price action in 60 min
XAU/USD $$$
Well, after forming a new ATH, gold made a correction and made a new high on the 15-minute time frame.
At this moment, all the time frames on the gold chart are bullish and we should only think about buying. There are 3 scenarios
Scenario 1: We enter a buy trade after the confirmation of the lower time frame in this 15-minute area
Scenario 2: We enter a buy trade after attracting liquidity with a confirmation of the 5-minute area
Scenario 4: We enter a buy trade after the price reaches the 4-hour area.
(The probability of scenario 4 is low)
Because the uptrend is very strong
CELRUSDT: Massive Move Incoming? Key Support Holding Strong! Yello, Paradisers! Is CELRUSDT gearing up for a major bounce, or is another leg down coming? Let’s break it down.
💎CELRUSDT has retraced to a key support zone, showing a healthy pullback. The price action has formed a falling wedge pattern, which is typically a bullish reversal setup. The probability of a bounce from this level is high, but to confirm a stronger move, we need additional bullish signals—such as an I-CHoCH (Internal Change of Character), a W pattern, or an inverse head and shoulders on lower timeframes.
💎Right now, the price is attempting to break out of the falling wedge, but we need to see an increase in volume to confirm a proper breakout. A weak breakout without volume could lead to a fakeout, so patience is key.
💎If CELRUSDT drops further, especially in a panic-selling scenario, we can expect a bounce from the stronger support zone below. However, just like in the current setup, we will need clear bullish confirmation—such as an I-CHoCH or bullish patterns on lower timeframes—to increase the probability of a reversal.
💎If the price breaks down and closes candle below the strong support zone, it will invalidate our bullish setup. In that case, waiting for a more favorable price action setup will be the best strategy before looking for long entries.
🎖 The market is full of traps, and patience is what separates the winners from the losers. Wait for confirmation, follow the strategy, and never trade based on emotions. Play it smart, Paradisers! Stay disciplined and trade like a PRO.
MyCryptoParadise
iFeel the success🌴
