DXY AnalysisPotential triple top forming on the dollar index. If we see a rejection from this third top then we will see some dollar weakness across the board.
Tripletop
TCS "TRIPLE TOP" will it break it!!?NSE:TCS TCS is currently trading in a range of 1500-1900 but the POSITIVE thing is that it is having HIGHER LOWS which increases the probability of breakout above1900 and it has also formed TRIPLE TOP at 1900 which makes a stronger resistance to break. IF it doesn't break 1900 it may take support again at 1800 and next support is at 1700. According to me the probability of TCS breaking 1900 is higher.
GBP/JPY SELLLooking 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
Bear side is favoredFailure swing high indicated me to open an early short in AUDUSD. This is the first position.
If the price fall below 0.6024 then I will be strengthened, and I will search the next high probability trade set up.
DAX30 Triple Top and Short OpportuntityShort at 10.000 worked as predicted. - See attached -
Triple Top breakout and additional short opportunity as described.
Good Luck and Keep Following!
USDJPY - 2H Triple Tops ScenarioIt looks like a triple top. This scenario above could occur if conditions are met. If not, then the next potential is the reverse, triple bottom. For this case is a continuation of the trend.
BTC- Safe asset? The moment of reckoning! PA/OF analysistwitter.com
All these talks about BTC being the safe asset during the economic turmoil and Financial crisis...
It is now the perfect time for it to step up to the plate and rise to the occasion. Is it finally BTC's moment to shine?
Let's take a quick look at what happened during the weekend.
The fast and furious drop is the result of thin liquidity and IMO, a pure long liquidity grab move. The price did not get violently rejected at the 9.2k because of the extreme momentum, crazy volume, high volatility and overheated buying pressure.
In other words, it was not a blown-off top resulting from the overbought status. The price reversed because the lack of short liquidity (Lack of buyers at 9.2k or weak buying power relative to the strong limit sell orders/walls at 9.2k).
Therefore, I expect it to be the profit-taking move by whales and, whales are possibly building up more long position through split orders.
Fear index is below 20 and the the last time it happened BTC rebounded from 6.5k.
Fast and furious pullback with no bounce like this one BTC is currently experiencing cannot last long. I expect at least some relief rebound. If not, 7.2k here we come.
Proceed with caution and focus on the HTF when the volatility is high.
Please like and follow me if find my post helpful :)
BTC Bulls are grouping upTo me it seems inevitable to go down before going any higher. Bulls look determined to charge but they also look exhausted at the moment. After 10 days and two failed attempts to break higher, third time's not a charm. Bulls will have to retreat somewhere around 6500eur as to regroup. In the meanwhile, I feel that a benevolent whale will join their cause, and their combined powers will overcome bears resistance at 8200 eur. More bulls will join the charge in ecstasy, and altogether will rally to an all time high concluding some time in early June.
To me its obvious that without a whale's help bulls are doomed, but I have a strong feeling that the cavalry is on the way.
So, as in life, things will have to get worse before getting better. Lets see how it plays out.
Disclosure: Please be informed that information I provide is NOT a trading recommendation or investment advice. All of my work is for fun purposes only.
GBPNZD - ShortNice little short opened here at a Daily zone, triple top pattern with and engulfing.
Also have some lovely RSI divergence.
Lets see how it plays out.
Any questions feel free to ask
EUR/JPY: Triple Top at ResistanceEURJPY 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.
Sanofi uptrendSanofi is currently in an uptrend, with a bump and run present, a triple top and a new support formed from the mirror resistance level. A bull flag formation would be indicative of a trendline break.
SNY Bump and RunSNY has experience two bump and runs throughout the course of its listing. Will a third follow? If so will it be immediately or will further trend strengthening occur. The bump and runs also resulted in two triple tops.
Hard to Be Bullish Homebuilders $XHBThink we ultimately go higher but for the next 6 months I'm bearish new homes.
EURAUD SHORT EURAUD SHORT CBO
DAILY HEAD AND SHOULDERS
4H TRIPLE TOP/ RANGE BREAK OUT
1H BREAK AND RE-TEST OF THE 4H RANGE
DAX: Dangerous and lovely double or triple topThe 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 money. This means if you lose your money kindly sue yourself!
Short position-Triple Top Resistance zone.Hello everyone, i noticed that FX_IDC:AUDEUR has reached the resistance zone between yesterday and today, and this is clearly a strong short signal. Also BB% are extremely high for continuing the uptrend oscillation, and this is the confirmation of a bearish pattern incoming.
Happy trading to all!
NASDAQ for buyThe price returned to the resistance zone once again (triple top) and the price has closed above the trendline so we are expecting the price to continue the upward movement.
There is a bullish MACD momentum that we should take as well as an RSI not in overbought.
Comment your opinions!
AUDCHF DOUBLE TOP channel September / 30 / 2019
AUDCHF | Analysis
After an area of consolidation we found a break out of resistance level with a nice retest that give us good oportunity to go short and also a doubke top formation can be seen and a retest at the neck line
fortuna_analysis
----------
have a good fortuna_trade
fxfortuna
EUR/AUD Technical analysisThe resistance of 1.62977 proved to be a tough nut for the bulls.
It was tested thrice yet was unbroken.
Now, the support level of 1.62348 was broken validating a triple top pattern.
Hence, we expect the counter to be bearish in the short-term.
EURAUD possible short entry EURAUD Analysis
a triple top formation has been made a few days ago and now we can see a restest in the neckline after a good down push we can enter the trade and can expect a nice move to the daily trendline
fortuna_analysis
----------
have a good fortuna_trade
$BTAI Triple Top At $12$BTAI should see a major breakout above $12. The risk/reward setup looks promising.
About BioXcel Therapeutics, Inc.:
BioXcel Therapeutics, Inc. is a clinical stage biopharmaceutical company focused on drug development that utilizes novel artificial intelligence approaches to identify and advance the next wave of medicines in neuroscience and immuno-oncology. BTI's drug re-innovation approach leverages existing approved drugs and/or clinically evaluated product candidates together with big data and proprietary machine learning algorithms to identify new therapeutic indices. BTI's two most advanced clinical development programs are BXCL501, an investigational sublingual thin film formulation in development for acute treatment of agitation resulting from neuropsychiatric disorders, and BXCL701, an investigational orally administered systemic innate immunity activator in development for treatment of a rare form of prostate cancer and for treatment of pancreatic cancer in combination with other immuno-oncology agents. For more information, please visit www.bioxceltherapeutics.com.
As always, use protective stops and trade with caution.
Good luck to all!
