TopChartPatterns

TopChartPatterns Updated 

EURUSD has been one of the most boring pairs to trade lately, with a clear range of prices. Now, the market broke a trendline meaning that some bearish volatile will appear, which is good for tactic decisions and profit making. On the other hand, this bearish movement could put the price near the support of 1,045, which is the last support before a bear market...

TopChartPatterns Updated 

Microsoft is leading the tech industry in so many ways, but the market seems to doubt of its potential. We are facing a clear head and shoulders pattern than would mean a major change in the trend of the stock. This could be a major sell opportunity yielding fast at least a 20%. Current situation A head and shoulders pattern seems to be unfolding, but we...

TopChartPatterns Updated 

Dollar Tree NASDAQ:DLTR is bringing us an historical buy opportunity. The $60 zone has been a major support since 2016 and now we have tested it twice. When this happens there are 2 scenarios: 1. A very big rally demonstrating that this support level is still strong (+40% minimum opportunity) . 2. A fast break downwards facing a very bad situation and a...

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Bitcoin is such a different asset! And one of the biggest differences are halvings. The cycle of the market is strictly correlated with halving (green lines) dates and this has been working since BTC start. In this post, I'll show last 3 halvings. Each time a halving occurs, we have 1,5 years of bull market. A very strong bull market. In 2016 we saw a ...

TopChartPatterns Updated 

Current Market Situation (7/10) BTCUSD started a new trend this January after breaking a very big falling edge pattern and is now bullish. The 25,000$ is a key support to maintain the bull trend, so opening long positions makes sense in this market, especially when we look for short to mid-term profits. On the other hand, the market was acting as a bubble for a...

TopChartPatterns Updated 

Even though techs and AAPL are performing really well, AAPL is approaching a key level where we can expect at least, a lateral movement. The AI model has also found that the most probable movement is slightly down as you can see in the 3 white charts. AAPL is also near historical top, where the most common behaviour is to, at least, take some breath before...

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Current Market Situation (3/10) BNS is clearly in a large downtrend, so opening a large position is only possible in the short term. That’s why we should also take into consideration the possibility of breaking downward and joining the crash. Anyway, as we will see later, the fundamentals to try the long position are good. Patterns found by AI (8/10) After...

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ETH-USD broke a big bullish pattern this January and now is probably finishing a small triangle continuation pattern. The AI model also found probable a short lateral movement with a final rush of up to 17% in the upcoming 30 days. Green levels are key resistances that must be broke to move upwords, while red level can't be broke. If the red level is lost, we...

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BTC-USD is trading inside a channel. It usually takes sometime to break a channel but an up-break is likely. The AI model has found multiple similar patterns in the past and a lateral movement is expected for the next few weeks. Furthermore, remember that BTC-USD broke a bigger falling wedge this January so a bigger bull trend is probably unfolding. The...

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We have a break of a falling wedge pattern confirmed by the AI model which found that a movement between 7-10% is likely in the upcoming 30 days based on years of previous data and similar market patterns. Also see lateral volume to understand where the price can end the first rush.

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The algorithm is showing a very profitable pattern in SANOFI. First, if the price breaks up we have a clear rally until the top of the channel with a tight stop loss slightly below the break point. On the other hand, if the market is moving down, we should see a break to the downside of the channel, then an easy break of the support and the blue line would be...

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Our algorithm has shown a rising wedge in ETH which is one of our favorites patterns. That's because when you find a rising wedg during a trendline, the outcome is incredibly useful. If the pattern is broken downwards as expected you know that the trend is not over and you can still take advantage of shorts. Sometimes, a rising wedge breaks the upper trendline...

TopChartPatterns Updated 

The algorithm has found an interesting pattern in EUR/USD. Red in chart After the break of the previous channel the price has corrected a 61,8%, the fibo level but this is also the previous zone of supports and resistances. If that's not enough, it's also the last level with accumulated volume, if we move to 1,08 the volume disappears which would be the...

TopChartPatterns Updated 

TSLA is probably one of the most famous bubbles that we had in this last bull market. Yes, it's probably one of the future car companies and more, but it was extremely overpriced. Few months ago the algorithm showed a marvelous Head and shoulders pattern which usually predicts the end of a trend. This october we had a confirmation of the break of this pattern...

TopChartPatterns Updated 

In the previous post we explained how Bitcoin is changing and showing some range pattern instead of a bubble behaviour. It's important to adapt your trading style to market style, if you are still expecting crazy rallies in BTC you can be stuck here for months or maybe year. Today we show you how we analyze the prices between long term ranges (green lines) and...

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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...

TopChartPatterns Updated 

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...