FVRR (Fiverr) is developing a potential Head & Shoulders price pattern, on the daily chart.
Neckline Support in red is approximately 60.27.
Downside breakdown target would be -14.6%, or 51.48.
If the H&S fails, FVRR price would need to breakout above 66.39, 70.47, and 73.57 to continue the uptrend.
Hi everyone:
LULU has some great potential for more bullish run to the upside.
We see price had a massive impulse to the upside, and already broken the previous top before the sharp dropped from Covid.
Now price is forming a continuation structure, and looking very promising for another bull run.
Currently this structure is not complete, so I would like to...
Hi everyone:
My previous analysis on GBPUSD was short term bearish down to the recent lows of the higher time frame structure.
However price did not mange to tag the lows.
Nevertheless, Price did end up with a descending channel followed by a bullish move.
This can indicate other move to the upside. An inverse Head and shoulder as well, adding...
Hi everyone:
USDSGD is also on my weekly watch list.
We see these type of structures repeat itself over and over again.
Price broke out of previous larger structure, and strong sell impulse down. |
Price begin to form a continuation correction, making the next sell a higher probability setup.
Now we need to wait and see if this correction is over now and we...
Hi traders:
USDCAD looks very good for short opportunities. Higher time frame analysis is short in the long run.
We see USDCAD has a strong bearish move since end of May, and a larger continuation correction has formed, giving us extra confluence for a bearish momentum.
Price failed to break higher than the recent double tops, and formed a small correction...
Hi traders:
I am eyeing AUDNZD for short opportunities.
On the higher time frame we have the double tops, price formed a channel structure and drop down.
Now I see a continuation correction being developed, and there is good short opportunities to the recent lows.
I see 2 possible scenarios, a) price correct itself up to the top of current structure and drop...
Hi everyone:
I am looking at BA for mid/long term opportunities.
After the sharp move down from earlier year, we see price impulsive up, and formed continuation correction to go higher.
Now, we see the price action repeat itself by forming another structure, and looking to breakout.
I will wait for a confirm breakout and a lower time frame correction to go...
Reversal head and shoulders we have here. Very soon I think.
This pair needs more time for open position for me.
So be careful about trade now at this pair.
H traders:
I am looking at EURUSD for some selling opportunities.
We see a previous price action with a double tops, and then a strong bearish move to the downside,
currently the price is forming a continuation correction.
I will look for reversal from the top of the structure for short, at least to the previous lows for some good risk:reward.
IF price...
So what is bitcoin really up to? We have stuck in this 8100-10500 range for a month now and the market hasn't budged. So what's going to be bitcoin's next move? If you ask me then you only have to look at the chart and see that in my opinion there's a good chance that bitcoin will head a bit lower before we take off. We have a support level around 6500 and this...
Potential Short on this pair- Keeping it basic here and going with a breakout (clear breakout, nothing corrective) and a retracement to this previous support.
The confluences I'm looking for to take this trade are this to retrace to a fibonacci level, the fibonacci level to correspond with a level of previous structure and a bearish candle close on the 2HR or 4HR.
Archer Materials Limited (ASX:AXE) A materials technology company developing materials in quantum computing, biotechnology,
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Hi everyone:
$FB is also presenting a short sell opportunities as the structure is developing correctively for a short term down move.
Currently price is at the top of the higher time frame structure, and it correctively move to it, giving confluence to a short move to the downside.
I see 2 potential short opportunities, if price breaks below the structure,...
GBPCAD creates a diamond pattern, it's a reversal pattern. We are looking for breakout the recent support.
According to Plancton strategy, we can set a nice order
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618...
NZDCAD is now testing a resistance zone at 0.87800 which it has failed to break multiple times. Bears can look to short the pair now, with a stop loss a few pips above the resistance zone, targeting the local demand zone at 0.87100. Beyond that, targets may be placed further down if the local demand zone and supportive trendline fails to hold.
There has been a...
