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Double Top

$SPY - Double Top - Great Reset - Stock Crash Ending 2030$SPY is going for a double top before crashing down to low 200's in the "Great Reset" lasting to 2030. Much like China's "Great Leap Forward" which was one of the largest disasters in history, after which a huge economic advancement was made for several decades. Following the "Great Reset" the United States will enter a period of massive prosperity where conservatism will reign. During this period, the United States will maintain supremacy of the global economy till the year 2100.
AMEX:SPYShort
by motionrelative
XAUUSD | Perspective for the new week | Follow-up detailsThis is a follow-up video to my previous analysis on the Gold metal as we were able to close our position on a positive note last week. Even though the price of Gold surged in the last four days of last week's trading session to reach a one-week high after a depressed September; I am of the opinion that a selling move might be setting up for the new week as the price continues to trade below the key level at $1,685. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
OANDA:XAUUSDShort
by darcsherry
5
3 levels, as predicted last Wednasday, 1025pips laterAs said last week Wednesday the market moved up its 3 days or 3 levels from the midweek reversal. I am not 100% sure if GJ has made a full3 levels up, as we did not have aggressive movements which are usually evident in separating the levels. However, GJ has moved up over 1000 pips since my entry last week Wednesday, this morning during London session, a perfect sell setup formed with a double Top, and sold 197pips from my entry at 164.701. This could be the midweek reversal, where we go down a further 3 levels, or we can continue on a strong push-up to make a continuation. For now I am out of all trades, pending London session tomorrow. Please boost and spread the name if you like what I do, let us see how many followers I can get for my analysis. Remember GJ IS BAE!!
by faddy
EURUSD JOURNAL FIRST WEEK OF OCTOBER Hey, this is some knowledge I learnt from the expert. I'm using fibo line to get price pattern range area (reversal / continuous), I find out that the price is on reversal range. H1 shows there's a reversal pattern ( Double Top ) at SNR and already make its neck. The price done breaking the neck line, and undergoes pullback. But, if the price react with the parallel channel , price may change to flag pattern as the price will continue upward. Current market trend is downtrend.
Short
by CurrencyAnalysis
2
***INTRADAY SELL ***XAU/USD *****15MIN***45MIN** TIME FRAME*********SELL XAU/USD**** RISK : REWARD - 1:3******** XAU/USD SELL SETUP ON 15MIN TIME FRAME. PRICE MAKES 🚨 🚨 🚨 🚨DOUBLE TOP AND HIGHER HIGH 🚨 🚨 🚨 WHERE RELATED TO AWESOME OSCILLATOR MAKES 🚨 🚨 🚨 🚨 HIGHER LOW... 🚨 🚨 🚨 🚨 SELL XAU/USD @1660. WITH SL OF @1666.50 🚨 🚨 🚨 OR U CAN WAIT FOR THE RETRACEMENT AS DRAWN ON THE CHART. 🚨 🚨 🚨 🚨1ST TARGET @1649 🚨 🚨 🚨 🚨 🚨 THEN DO TRAILING SL FOR 2ND TRGT @1641 🚨 🚨 🚨 🚨 XAU/USD SELL SETUP ON 15MIN TIME FRAME. PRICE MAKES 🚨 🚨 🚨 🚨DOUBLE TOP AND HIGHER HIGH 🚨 🚨 🚨 WHERE RELATED TO AWESOME OSCILLATOR MAKES 🚨 🚨 🚨 🚨 HIGHER LOW... 🚨 🚨 🚨 🚨 SELL XAU/USD @1660. WITH SL OF @1666.50 🚨 🚨 🚨 OR U CAN WAIT FOR THE RETRACEMENT AS DRAWN ON THE CHART. 🚨 🚨 🚨 🚨1ST TARGET @1649 🚨 🚨 🚨 🚨 🚨 THEN DO TRAILING SL FOR 2ND TRGT @1641 🚨 🚨 🚨 🚨 ********************** This is my personal opinion and is only for educational purposes. Please consult your financial advisor before making any decision. Stock Market investments are subject to market risk.
FOREXCOM:XAUUSDShort
by sanjusuji111
1
EURUSD-Weekly Market Analysis-Oct22,Wk1The EURUSD is on a Bearish Trend on both Daily & 4-hourly charts. The key resistance level on the Daily chart is at 0.9900, and on the 4-hourly chart, we have a Bearish Shark Pattern that completes within the sell zone(supply zone) at 0.9866. Last Friday, we did an aggressive short on the 1hourly chart based on a potential double top setup that has an RSI Divergence with it. Currently, the setup is a double top with a retracement pull-back. Normally, it is a perfect opportunity for traders to engage in the trade, I don't quite like the current candlestick pattern confirmation. I leave that to you. Related Ideas is at the bottom of the tradingview chart.
Short
by RaynLim
2
What would you have on a date night? Chicken or steak? We’re going to go out on a limb here and say your date night budgets and recessionary risk are likely inversely correlated! As recessionary risk starts to weigh on investors’ minds, purse strings for date nights are likely to be tightened, which spells trouble for the date night classic, wine & steak pair. Cattle Futures have joined the broad market selloff over the past few days as investors remain on edge. This recent move lower has confirmed a break below the neckline support for a double top pattern observed on a shorter timeframe, which is noted as a bearish reversal pattern. On a longer timeframe, the decline has also broken the 4-month long uptrend for Live Cattle. With not much in the way of support, it’s quite possible to see another leg lower, similar to the pattern we observed in May 2022 where prices corrected around 4.5% once the uptrend was broken. Using this as a reference, the 143 range marks the next potential stop for live cattle prices if we were to extrapolate a 4.5% decline from the breakout point. The broken uptrend followed by the confirmation of the double top pattern spells trouble for live cattle prices. As such, we lean bearish on live cattle futures and will likely swap the date night steak for perhaps chicken… Entry at 148.550, stop at 150.325. Target at 144.850 and 143.075. The charts above were generated using CME’s Real-Time data available on TradingView. Inspirante Trading Solutions is subscribed to both TradingView Premium and CME Real-time Market Data which allows us to identify trading set-ups in real-time and express our market opinions. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com Disclaimer: The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market scenarios.
CME:LEZ2022Short
by inspirante
8