xrpusd ready to go long!green box is our buying zone, created a double bottom. now it has created a smaller bull flag.
Swing target #1 is 1.62 target #2 is 1.91. see ya there
Double
oil possible reversal now fouble top pattern detected and the neck is broken and retested now i suggest as follow
entry price : sell stop @ 81.40
Tp : 80.30
SL 82.30
es might be breaking higher. gov debt default still looming.all the signs of a great long opportunity. Ideally you are in at 4320, but I'm only checking in now. That's the latest.
ADAUSD Chance for Double BottomImportant things to note:
BTC retracting has started.
I do not see BTC going past 46k.
ADA chance for double bottom on 1D
Double Bottom would produce a target of 2.62.
This would smash the resistance level.
Pattern would also create a cup for further targets.
Important dates:
BTC ETF Deadlines Nov. 21, Dec. 8, Dec. 11 and Dec. 24.
The BTC FOMO buying finally subsided and now we get to see the retracement we were looking for. I do not see BTC going past 46K and I would like to see it stay above the 50MA on the 1D chart. ADA's retracement depends on BTC at the moment. Right now we have many options but the one I would like to see the most is the double bottom pattern on the 1D chart. Typically, you will see patterns be created on the lower time intervals and repeated on the higher time intervals. We have already seen a double bottom on the 1h, 4hr, and now I would like to see it on the 1D. This is the same for any pattern really. I want to see this pattern complete for a few reasons. First, it would signal a long term reversal (we already saw that coming however). Next, it would produce a target at a level higher than the resistance we need to get past at the moment. Third, it would create a cup which gives us potential for a cup and handle. I have already seen a cup form on the 4hr so I would not be surprised if we see one on the 1D as well. Anyways, I just noticed it and I wanted you all to be aware. This is what I am looking for. If I do not get it, I hope someone creates a meme out of this called "the pattern you want vs the one you get" LOL. I will continue to keep and eye on ADA and update you all accordingly. Thanks again!
I am going to make a video soon teaching everyone my approach to charting. I will cover the entire workflow process I go through. I hope you enjoy it.
Tell me what you think?
This is not financial advice. DYODD.
GBPCHF LONG IDEAI expect this pair to retest it's previous high after trading to an equilibrium after the previous bullish move.
AXS waiting for breakoutDouble bottom, but bounced back from descending trendline formed 3 days ago. We could expect a possible retest of lower or upper support levels. If we lose both of that levels, a nice big short could be in the play. For any bullish sign, we need a break of this descending trendline or at least bounce up from support levels... Good luck traders
Gold (seller cumulative setup)- sell range 1798-1815.. tp @ 1793/1784/1777
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- we will see new double bottom if h4 reject 1793 area and bounce up
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Double Top - Reversal to bearish?Just doing some messy charting. Potentially double top and reversal in this bull trend? at least for the short term.
Mini Double Bottom Waiting for price to break 1.89500 before scalping this long towards the C point of the potential butterfly!
DOUBLE BOTTOM reversal 15 min??? $snapdouble bottom reversal on 15 min 30 min or daily displays on all retest of 80 risk break of orange zone??
IMFA 100% returns in one monthIMFA almost doubled in one month. Shared on 23rd June on Trading view and now see almost at 1000 levels. Partyy!!
Double Bottom on Nokia Monthly Chart Double bottom on Nokia monthly chart, price target set right around $7.16, which is also the consensus analyst price target, Might see a pull back to retest support at the neckline, that would likely be a good buy point, but if it breaks down under the neckline the pattern has failed.
TFUELBTC could retest 0.0000084 🦐TFUELBTC could retest 0.0000084 after the price created a double TOP on daily timeframe.
If the price will lose the current support, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
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 the Plancton0618 strategy will trigger.
EURCHF: Going Short ? This one is approaching a critical long-time respected resistance. If a double top can be formed and the price breaks the trendline a short position seems to be a perfect choice in the upcoming hours, Stay connected !
L&T TF 15 MIN FLAG BREAKOUT HERE WE CAN SEE PRICE IS IN UPTREND AND AFTR BREAKOUT OF OF DOUBLE BOTTO IT IS RETESTING NECKLINE OF DOUBLE BOTTOM
IF IT WILL BREAK ABOVE THE UPPER TRENDLNE OF FLAGWE CAN ENTRE
OR IF U WANT TO CAUGHT MOUMENTUM YOU WILL ENTRE AT BREAK OF HIGH/14 JUNE HIGH FOR SAFE AND SL IS SWING LOW OR FLAG LOW
BTC TO 35K AGAINHello Trader, good mood and profitable trades
BINANCE:BTCUSDT DoubleBottom on 1H so BTC can reach the 35k area , and he can go more higher , possible possible 40k
So good luck for you
Amazon $AMZN Weekly Bearish Divergence? Double top? Amazon broke minor support line with weekly bearish divergence. Im conflicted as there are many fundamental aspects in the pipeline for Amazon, but the chart doesn't look good rn. Been in since $1800.
ZIP OpportunityThis is my assessment of ZIP and has been for a few years without major adjustment. It's always behaved really nice for me, provided we are potentially in a tech sell off with the likes of A2M, APT, APX etc.
I trade the graph in front of me though not the news. So if Zip breaks the current downtrend and holds on a few days I'm in with a tight stop loss and target profit of around 100% or so again.
Moving my stop loss to at least breakeven if there is a nice push up as I wouldn't be surprised if the red downtrend channel is respected given all the attention on crypto and selling off in tech stocks.
Don't be surprised if $4 is likely because at this stage both $24 and $4 are just as likely. That's why we trade our analysis and constantly assess our position for how healthy it is.
Fundamentals still look good with increase in growth and revenue still on the horizon with recent expansions.
Let's see where this one go's!
And as always do your own research if you want to sleep easy at night.
AUDNZD on a double bottom 🦐AUDNZD tested twice the support area at 1.07200 creating a perfect double bottom .
According to Plancton's strategy if the price will break above we will set a nice long order.
--––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
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 the Plancton0618 strategy will trigger.
