TopChartPatterns

TopChartPatterns

The algorithm has found a wedge in pepsico which gives a great risk return ratio. Good luck and take care with the red line, where a multiple top pattern could be formed even when the target of the wedge is over it.

TopChartPatterns

As we said in our previous anlysis the 100$ zone was the target of the big Head and shoulders pattern. In the intraday we've seen a V shape end which usually means a trend reversal is unfolding. Once the first black line is broken we would have a confirmation of a new short term bullish trend. So buying over the black line give a great risk reward ratio. Let's...

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The algorithm shows an opportunity to buy credit agricole if the double bottom pattern breaks. The double bottom pattern is a bullish reversal pattern that appears on a chart as two distinct bottoms at roughly the same price level, separated by a peak in between. The pattern is formed when the price of an asset falls to a support level, bounces back up, falls...

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Our algorithm has sent us an alert on Kraft. It has been trading in a clear range which is hard to see in today’s market conditions and now has created a head and shoulders with and embedded V end pattern inside. Both patterns have been seen thousands of times before by our algorithm and with a win rate of more than 75% are good patterns, especially when...

TopChartPatterns

The algorithm is proposing a trade in ITUB which seems quite interesting. A channel has been formed creating a kind of big flag. The most probable scenario is a bounce to the upper zone again but be ready for a retest of the lows, so if the channel breaks down you can also profit by shorting with a risk reward of 2. If the price bounce as expected, the risk...

TopChartPatterns

The algorithm is showing Disney in a very important historical support zone. In the chart you can see the historical channel and how the price is approaching the support line. Furthermore the 80$ is a key support that if it's lost could move the price to 43$ easily because there is no other serious support or historical volume. So, by buying slightly over 80$...

TopChartPatterns

As you know, we usually post ideas from our algorithm, but today is diferent, I've been struggling with a crazy idea for some time and it's becoming more and more clear. The bitcoin market has undergone significant changes over the past few years. In the past, it was known for its wild price fluctuations and was often associated with speculation and high risk....

TopChartPatterns

The algorithm has found a resistance at the end of a downtrend channel. The 33$ support is working pretty well and now we must be aware if the price has enough demand to break the 36$ level. This break could potentially move the price outside the channel and the zone of 40$ would then become the target. The risk reward is good enough and the stop loss can be...

TopChartPatterns

Our algorithm has found a descending volatility pattern after a long period of downtrend and this always helps traders to make money because we can take advanatge of any movement (up or down). We've recently seen a fake break of the red line, but be ready because losing the first blue line is really dangerous for XRP. XRP was created by Ripple Labs, a...

TopChartPatterns Updated 

The algorithm has shown a simple but probably profitable flag in ABB. I plan to buy if the price breaks upwards and would like to exit in the upcoming take profits zones where the price has changed the behaviour previously.

TopChartPatterns Updated 

Our algorithm has shown an unfolding Head and shoulders pattern in TD. We still need to see how it ends, but be aware because buying at 63$ could be a very profitable investment if the HnS finally breaks the upper resistance. As simple as this. Enjoy trading.

TopChartPatterns Updated 

The algorithm has found an interesting chart pattern formation in Apple. We can see a decreasing volatility which usually means that bulls and bears are reaching a fair price until something happens and a rally appears. Seems that an uptrend can unfold in the next days if the bearish trendline is broken. Take care because there is also a double bottom which...

TopChartPatterns Updated 

Our algorithm shows EQR as an opportunity to buy at $63,57 aprox. We've seen this pattern thousands of times before with a win ratio over 80%, considering the good risk reward of this trade seems reasonable to take it into consideration. The take profits level could be before the 70’s area where the volume profile is also high again, which tend to be a problem...

TopChartPatterns Updated 

The algorithm has found a well defined triangle in the middle of a decline. This has been seen by the algorithm hundreds of times but there is not a clear percentage to know if this is more bullish or bearish. Probably, the market is waiting for some news to decide the direction while the volatility keeps declining until everyone agrees. The best way to trade...

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The algorithm has been sending multiple signals on GOLD. First of all we have received an alert of trendline break, which as you can see worked nice. On the other hand, the price broke the blue support but it was a bear trap, meaning this is more bullish than expected. Finally, under the blue line a doble bottom has emerged which gives us a target price in the...

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The european index has been rising incredibly fast lately but our algorithm has found an alert to sell the index. Statistics says that after a 20% rally and having a massive resistance above the probabilities of a trend change are really big, at least in the short term. By selling in the 4.000 zone, you can adjust your stop to 4.100/200 depending on your risk...

TopChartPatterns

First of all, forgive me to draw so much in this chart but AAPL is on fire and we've to take a close look to price movements because we could see awesome opportunities soon. We all know AAPL, amazing business, great margins but now suffering some issues with production that can lead to some volatility. In this chart, you can see: 1. A very big historical...

TopChartPatterns

A consolidation pattern appeared in our model and this is amazing because this is a 2 years consolidation pattern which is quite rare to see. Consolidation phases in the stock market refer to periods of time when the price of a particular stock or the overall market is relatively stable and not showing significant trends in either direction. These phases can be...