eurnzd longneckline of daily double bottom, multiple tests failed to break below hence we can expect longs until the next nearest area of interest/supply zone
Double Top or Bottom
NASDAQ is forming a bullish price structure.US100 seems to have broken out of our bearish trendline
Signaling a bullish move looking to happen
Price can decline or reject on our trendline
or form a retest towards the previous low before recovering
USDJPY - Selling to buy (Crash Recovery)Price seems to be failing to break our current resistance
Which might lead to price retesting previous lows
Forming a Double Bottom before fully recovering
EURGBP is possible for short entries!Hi guys,
Based on the chart, I can see a break of uptrend structure on 4H timeframe and I consider this current up movement as a pullback to the broken area.
If you found this analysis useful, please like and subscribe.
Good luck!
NASDAQ forecastNAS100 bullish pattern confirmed
a touch on our psychological buy zone + double bottom & we broke out of our previous supplying market still respecting supportive prices at neckline
waiting for London times
XAU-USD - GOLD | 1 DAY | TECHNICAL CHARTHello traders;
I have prepared a FXOPEN:XAUUSD analysis for you. When I look at the gold chart, I see a double top and a divergence.
If the double top is broken, the formation will be canceled.
Please don't forget to like for constant updates.
WATCH FOR THE NEXT POTENTIAL BIG MOVES FOR GOLD IN COMING DAYS!!🚨 XAUUSD HIGH PROBABILITY SETUPS SOON 🚨
* Here We Can See Clearly The Next Potential Moves For XAU/USD In Coming Hours/Days.
* Keep Your Eyes Close On Your Trading Positions.
* Happy PIP Hunting Traders.
* FXKILLA *
S&P500 INDEX (SPX500USD): Bearish Continuation Confirmed?!↪️I spotted several indicators suggesting a downward trend on the S&P500 Index.
However, there has been a double top formation, with the price breaking both the neckline and a support line of a rising wedge.
These signals point to a potential return to a bearish trend, and I anticipate a continuation of this trend down to 5,100.
EURUSD POTENTIAL MOVEMENT: ENJOY THE CRASHPretty Simple Setup here.
I used supply & demand zones to determine the markets future ENTRY & TAKE PROFIT.
The long bullish movement that occurred because of NFP has to be recovered.
Simple Forex Math.
Risk Wisely.
Bitcoin Analysis==>>Short-termBitcoin is moving near the Resistance zone($60,800-$56,700) and the Downtrend line .
According to the theory of Elliott Waves , Bitcoin seems to have completed the Double Three Correction(WXY) near the Resistance zone.
From a Classic Technical point of view, Bitcoin seems to have formed a Double Top Pattern .
Also, we can see Regular Divergence(RD-) between Consecutive Peaks .
I expect Bitcoin to drop to at least $52,600 .
Bitcoin analysis on the daily time frame 👇
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
US30 wallstreet forecastthe wallstreet bullish pattern confirmed
a touch on our psychological buying opportunities , and consecutive of HH & HL builds a high probable setup as we broke out of our previous supplying market. stay tune and we
XAUUSD/GOLD Deep correction rhythm - Opportunity for investorsGold market analysis for the US session on August 7, 2024:
Gold has formed a deep correction downtrend.
This is an opportunity for us to make some good entries for long-term positions.
Currently, gold has completed corrections from the m15 - H4 timeframe; a correction phase is seen at the D timeframe.
Key levels to watch are: 2408 - 2412, 2424 - 2427, and 2350 - 2355.
Recommended positions:
Plan 1: SELL XAUUSD zone 2408 - 2411
SL 2414
TP 2400 - 2390 - 2368 - open.
Plan 2: SELL XAUUSD zone 2425 - 2427
SL 2432
TP 2415 - 2400 - 2380 - open.
Plan 3: BUY XAUUSD zone 2352 - 2355
SL 2348
TP 2365 - 2380 - 2386.
Natural Gas - Fibonacci RetracementNatural Gas MCX , Fibonacci Retracement with Double top Formation.
Golden Zone - 0.618 Fibonacci zone is considered as reversal zone in any retracement. Natural Gas behaving the same. Overall Downtrend Line Broken showing upside reversal
This chart is only for educational purpose and this is not a trading recommendation
Dow Jones Index (US30): One More Bearish Setup
I also see a bearish trend following setup on Dow Jones.
After yesterday's selloff, the market started a correctional movement.
On an hourly time frame, the market found a resistance around 39100 level
and formed a double top on that.
I think that the Index may drop at least to 38655 level.
❤️Please, support my work with like, thank you!❤️
Potential Short Setup for GBPUSDHere are the indicators for a short trade on GBP/USD:
Double Top Formation: A double top pattern has emerged on the 1-hour timeframe, signaling potential bearish reversal.
Volume Spread Analysis (VSA): VSA suggests a high likelihood of price decline, provided the price remains below the double top resistance level.
Target Projection: The target is clearly marked on the chart, with an expected trade completion timeframe within this week.
Can AVAX continue down this path?Scenario casting #Avalanche versus #Ethereum
as we go forward into 2024
The blast off from the lows has to be respected and is a significant show of strength
and shames other blockchains price performance these past few weeks
I'm looking at you #Algorand & #HBAR
why i think bitcoin is going to reach new highs part 2BITSTAMP:BTCUSD
this is part 2. Here im just simply talking about why bitcoin is going to reach new tops after this
dump. tune in to see this interesting concept i am using to predict price action on bitcoin
EurCad ShortAscending channel inside an ascending channel shows clear market structure where prices have completed the three touches. Bears could be potentially moving in to strengthen prices to the downside.
Triple top broken neckI'm shorting this. Triple top in the weekly timeframe. Strong pattern. The same as $BTC. I don't think the cryptos are coming back that soon. They need more time. And NASDAQ:COIN is going to follow. SL if a weekly candles closes above 215.
Bitcoin phase programmed? Take a look at the chart above. I am keeping this fully transparent: I am not a perma bear, nor am I a perma bull or moon boi. I am just analyzing what I see. If I am right, that would mean that we have bottomed for the time being and the next phase of Bitcoin is preparing. I inverted the chart to make the TA make sense to me because the right side up was just too confusing apart from the red line that I drew based on the run-up at the beginning of the year. (Which still held) We tested that red line support and retested it for the double bottom. Even if we triple bottom here it would also be a triple top inverted which is why this chart is upside down to showcase the bullish movement still works if we look at it this. Happy Trading and stay safe out there.
IOUSDTWe can attempt to buy IOUSDT from specified levels if it break LH , also making double bottom (reversal pattern) , also bullish divergence occur indicate that it moves upward.
SL , TP mention in chart.
Double top DollarThe Dollar is in big trouble. It´s a good time to add to your shorts. AUDUSD in mi case, and opening a short on EURUSD. Is going to be a slow death and painful death unless something changes in monetary policies.
