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.
Tripletop
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!
GBP/CHF Technical analysisThe counter has formed a triple top pattern.
The uncertainty around the Brexit deal is also set to take a toll on the counter.
Hence, we expect the counter to be bearish in the short-term.
GBPCHF TRIPLE TOPPrice is in the motion of forming a high probable triple top if we do see price continue bearish. This pair is definitely showing us a seller market therefore it is in our best interested to follow this trend. Calculating targets if entering this market after it breaks support, we grab our data from support to resistance and use it as our potential target which leads us to our next level of support.
What invalidates this trade? Price breaking above Resistance, Breaking Higher Highs. Potentially can find a long opportunity if so.
USDCAD - H4 Triple TopTerlihat pada pair USDCAD timeframe 4 jam akan membentuk triple top dan sudah mulai break garis trendline.
Triple tap of resistance . Short GBPAUDso after a triple tap of the resistance leve also inline with the 71% fib holding well . looking a move of around 150 pips gpb is getting weaker and weaker .
audusd short setupDaily chat is showing descending channel being made. Going on a lower timeframe, price respected resistance zone 3 times which is a triple top at best. Going on the 15min for entry, I see price also made a rising wedge + 3 minor triple tops as well so this has me believing that price will go lower.
#SPY #TripleTop #reversal Definetely took some risk on early wednesday with some high theta 7/15 SPY puts before close. Purchased just out of the money at 298. They sunk.20 cents+ into close and with the holiday Thursday, I really thought it was 50/50 at best whether or not I was going to get pummeled at open Friday. It was a risk I was willing to take. While the dip didn't last, it was long enough to get out with 1-1.20 /contract profit. I only planned on a 2:1 risk/reward because of the risk and theta. Probably should have opted for farther out expirations and given myself time to be right. I liked this trade for a few reasons:
1) The SPY rally wasn't driven off anything more than news and the expectation priced in for rate cuts from the FED in late July
2) Last week was impressive. And it may not be over. But the idea that an increased "probability" and speculation on what FED does 25 days from now, a gentlemen's agreement (at best) in Osaka @ the G20, and how freaked out markets got over 250,000 jobs being added because of how it might influence the FED: This is late bull market stuff. Mania, skepticism. It's a living breathing Warren Buffet quote. Think Ill take out some insurance on limit buys under the bid on TVIX.
Only way I buy here is if MACD/RSI's aren't piping hot, I have liquidity , and maybe even after a mild pullback. I'm staying Delta neutral. Option Spreads are looking pretty alright if volatility stays low. Keep an eye on the USD, EM, Economy reports. Have a great weekend.
// These are just opinions, journals, thoughts. Not professional advice. Trade at your own risk! //
GBP/USD - Short Entry at Support level 1.26500 26th June 2019Triple Top Resistance (Black Line)
Fibonacci Retracement 0.236 Support (White Line)
Broke the fibonacci retracement level 0.236 (Weak GBP)
Support at 1.26500 potential entry point for support back
into descending channel.
FED fighting back and not buckling under political pressure to
reduce rates.
Technical Bear: Gann Square, Triple Top and Bear Flag on ETH/USDWe are bearish on ETH/USD because Ethereum is trading within the up flag as a type of consolidation following the initiation of a downtrend following a triple top pattern. The downtrend from the triple top is the flagpole of the bearish flag pattern. Following the sharp down movement after the triple top, ETH has been trading within a bearish flag. Once there is a breakout we suggest a high likelihood of a strong down movement, to the low 280s.
This strategy incorporates the Gann Fan trend retracement which serves as the upper resistance within the current channel. Three technical analysis patterns - Gann Square, triple top and bearish flag - come together to buttress the strong bearish sentiment we hold.
