US30 THE MONEY MAKERDOUBLE TOP BACK DOWN OTHER WISE BREAK RESISTANCE LEVEL PUSH UP 3000 PRICE POINT BEFORE CORONA COVID 19 US30 PRICE POINT IS 3000 DUE TO COVID 19 CRISES US30 10000 PIP DROP WITHIN 29 DAY
IN US AGAIN GOIN TO LOCK DOWN 100% LOCKDOWN SURE OTHER WISE US30 AGAIN DROP
Astrofx
US30 THE MONEY MAKERDOUBLE TOP BACK DOWN OTHER WISE BREAK RESISTANCE LEVEL PUSH UP 3000 PRICE POINT BEFORE CORONA COVID 19 US30 PRICE POINT IS 3000 DUE TO COVID 19 CRISES US30 10000 PIP DROP WITHIN 29 DAY
triple top TRIPLE TOP
The triple top is a type of chart pattern used in technical analysis to predict the reversal in the movement of an asset's price. Consisting of three peaks, a triple top signals that the asset may no longer be rallying, and that lower prices may be on the way.
Triple tops may occur on all time frames, but in order for the pattern to be considered a triple top, it must occur after an uptrend. The opposite of a triple is a triple bottom, which indicates the asset's price is no longer falling and could head higher.
How a Triple Top Works
The triple top pattern occurs when the price of an asset creates three peaks at nearly the same price level. The area of the peaks is resistance. The pullbacks between the peaks are called the swing lows. After the third peak, if the price falls below the swing lows, the pattern is considered complete and traders watch for a further move to the downside.
The three consecutive peaks make the triple top visually similar to the head and shoulders pattern; however, in this case, the middle peak is nearly equal to the other peaks rather than being higher. The pattern is also similar to the double top pattern, when the price touches the resistance area twice, creating a pair of high points before falling.
UKOILUKOIL (Intraday Perspective: Upside pressure above 45.08)
Price broke out of the ascending channel to the upside and is currently back to test the channel breakout support. With price holding above moving average, there is a medium probability bullish bounce above support at 45.11 to see buyers push price towards resistance at 46.22. Resistance at 46.22 can also be a level for sellers to consider.
double top formation Double Top
A double top is a reversal pattern that is formed after there is an extended move up.
The “tops” are peaks which are formed when the price hits a certain level that can’t be broken.
After hitting this level, the price will bounce off it slightly, but then return back to test the level again.
If the price bounces off of that level again, then you have a DOUBLE top!
TREND XAUUSD (Intraday Perspective: Upside pressure above 1965.20)
We are seeing a medium-probability bullish scenario and 1984.56 marks a potential upside target for longs. Failure to hold below the 1984.56 resistance level could see the pendulum swing towards a run up to our 20001.49 resistance level. The Ichimoku cloud is showing signs of upside pressure and price is holding nicely above our ascending trend line as well.
SUPPLY DEMAND UKOIL (Intraday Perspective: Upside pressure above 42.90)
Price drifted sideways and trading within a range. However, with price coming close to key support at 42.90, this could be a level where potential buyers may make a showing and add to their longs to push price higher towards resistance at 43.76. Failure to hold above 42.90 could see the pendulum swing towards next support at 42.27
GBPAUD BUY 1:2RR
They are not trading signals, it is my trading journal.
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A resistance level A resistance level is the opposite of a support level . It is where the price tends to find resistance as it rises. Again, this means that the price is more likely to "bounce" off this level rather than break through it. However, once the price has breached this level, by an amount exceeding some noise, it is likely to continue rising until meeting another resistance level .
support A support level is a level where the price tends to find support as it falls. This means that the price is more likely to "bounce" off this level rather than break through it. However, once the price has breached this level, by an amount exceeding some noise, it is likely to continue falling until meeting another support level.
A resistance level is the opposite of a support level. It is where the price tends to find resistance as it rises. Again, this means that the price is more likely to "bounce" off this level rather than break through it. However, once the price has breached this level, by an amount exceeding some noise, it is likely to continue rising until meeting another resistance level.
AUDUSD SELL 1:2RRSELL
They are not trading signals, it is my trading journal.
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NZD/USD : Buy on the Bottom of the StructureLooking very sharp move upside as i forecast , we can see reversal upsde to test the level as i mentioned.
ThankYou
cypher The Cypher Pattern Trading Strategy will teach you how to correctly trade and draw the cypher pattern . You can use the cypher harmonic pattern on its own and have a profitable Forex trading strategy.
The Cypher pattern forex needs to satisfy the following Fibonacci rules:
AB= 0.382 to 0.618 retracement of the XA swing leg;
BC= extend to minimum 1.272 and maximum 1.414 of the XA swing leg;
CD= retrace to 0.786 of the XC swing leg;
as will as have long term rasis
UKOILUKOIL (Intraday Perspective: Downside pressure below 43.76)
Oil bounced back up over night, however holding below descending trendline resistance. Sellers may make a showing at 43.76 resistance and push price lower with 42.93 support being a level that buyers can consider.
DXY DXY (Intraday perspective: downside pressure below 93.50)
We are seeing a mid-probability bearish scenario below 93.50. 92.33 marks a potential downside target for shorts as well as a platform for buyers to consider .Ichimoku cloud also indicates further downside pressure for the pair.
