AUDCAD SHORT IDEAHaving formed a double top and bsl taken out,i expect this pair to fall and take out that previous daily support
Double Top
Waves USDT Looks Topped. Bearish reversal Is expected OKEX:WAVESUSDT rallied past few weeks after a long accumulation without any healthy correction on the HTF structure .
Looking back into the data it looks like reaching to new potential higher high and make a reversal. As for now indicators are giving mix signals and turning into bearish bias as the rally stalls above at the (EQ) Equal highs- 4h chart shows rectangle at the top which may turn into distribution since RSI is slowing turning bearish and the momentum is losing its strength .. Waves may provide a very nice entry very soon..
Never trade without a stop loss.
never risk more than 5% of capital on a single trade.
happy trading
Multiple High Probability @XAUUSDHello TV Community,
As we have witnessed a long time are the ones driving the any market, when we want to take any trade, we look for all different time frames as well as our technical analysis /fundamental. What I have learned from GURU at TradingView and what I feel about next in these markets are as follows.
Double Top/Bottom on Monthly
Multiple "W" and "M" Patterns
Weekly Parallel Channel
Daily XAUUSD AB=CD
Fake double top on $BTC's daily..I'll admit I was wrong on this analysis I should have dove deeper into examining this, to accurately confirm this double top which I did on a daily.
However, based on the 20ema proceeding to slide under the 50ema on the weekly time frame.
I still believe we see the likes of 18-20k., with the high possibility of going lower.
GBPUSD SHORT: MONTLY TIMEFRAMEGBPUSD has recently created a double top pattern. Price action is telling me that GBPUSD wants to continue bearish long term.
AUDUSD AGAAAAAAAAIN!!!Sharing this idea and keep monitoring this move of AUDUSD. After AU fail us on our pattern last week. Hope this action will give us a bags, Bayyy beeeeeeee!!
GBP-CHF | DOUBLE TOPNot able to share this, but I catch this 'Double Top' pattern last night. Getting some bags of it. Bay beeeeeeeeee!!!!
Wed 23rd Mar 2022 EUR/GBP Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a EUR/GBP Sell. Enjoy the day all. Cheers. Jim
Harmoney - (ONE) THE BREAKOUT POWER LINE Hello trading friends,
This is an extra update for ONEUSDT DEPENDING on the last trends.
Harmoney is still into positive trend and we could see coming time a breakout to 0,17+
The data shows that ONE shows an effect trading that could make some trend volume - same time manage all time the risk.
We will follow ONE coming time to see what changes it can bring, as it's now on the power line.
Markets going on their way and it can take time before it shows some results.
Have a great day.
BITCOIN - BEARISH DOUBLE TOP 📉THE BTCUSD PRICE reached a resistance level .
the neckline has broken, so i predict a bearish move ( bearish double top) 📉i'm waiting for a retest 🧐
TARGET: 40000 🎯
if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Bitcoin - Double top, back down we go!Keep it plain, simple and minimize the noise!
Clear double top pattern on BTC playing out.
First target around 40k, 2nd target 39k.
Notice how the pumps are getting weaker and weaker 👀
Now is not a time to get caught up with what your favourite influencer is saying and is more of a time to stay safe and aware.
At the moment - the market is sideways, choppy and RISKY
I have various different set-ups I'm watching and always waiting for confirmations of each one BEFORE entering a trade
Comment your ideas down below :)
GET READY!!! CRYPTO IS ABOUT TO PUMP!🚀 (The DXY Double-Topped)Hi everyone, This is The Unbounded. One of the newest and most active trading view authors and fastest-growing communities. Please consider following me for the latest market updates and mid and long-term Long / Short calls. Let's get to the chart!
The DXY (US Dollar Index) just confirmed a Double-Top which is a very strong bearish indicator... when the DXY decreases, Crypto INCREASES! 🚀
In addition to the Double-Top pattern, the RSI is in EXTREME over-bought territory which further validates a decrease in the DXY.
Why Is The DXY Important To Monitor?
Most major assets (stocks, oil, etc), including Bitcoin, Ethereum, etc are priced against the US Dollar. Hence, when the US Dollar goes down, everything priced in the dollar gets cheaper. For this reason, the DXY is one of the most macro indicators you can watch for the direction of Bitcoin, Ethereum and the crypto market.
⭐ If you liked this content, please consider subscribing and giving it a Thumbs Up 👍. If you have any feedback or suggestions, please leave a comment below as I answer each comment.
Namaste 🙏
Double Top DOUBLE top pattern breakdown in us100
👍 👍 👍
trading 💹 with proper sl and tgt we can see downsides Movement
AUDUSD SHORTList of confluences:
1: Double Top/ M Pattern at high.
2: Bearish engulfing candle stick pattern
3: Key Level Breakout
Risk reward for this trade is a around: 3.62:1
AJ Short tradeMarket has entered area of resistance plotted from the daily chart. Market on the 1hr has already entered that zone once and got pushed down. Market is currently in the area of resistance again, forming a possible double top. Currently my stoch oscillator is OB (this is the indicator I use for overbought and oversold situations), waiting for my MACD line to cross under the signal line, then looking for an entry reason. Just my analysis, trade with caution and use proper RR.
WAVES - Double Top - Going Down WAVES going down after double top on 4h Chart.
Neckline indicated in blue line.
Double top formaition spotted on AUDUSDA lower second peak of the double top formation is significant because it shows Buyers were unable to push price back up to the previous resistance area.
ZEC Sub $90 Limit Orders? ZCash large triangle May 2021 local high with breakout in August to reach lower high in Nov forming a smaller triangle.
Higher time frame shows massive double top with lower high in Nov 2021 than May 2021.
6 hour chart shows price action forming a head & shoulders pattern with Price target sub $90 before potentially recovering above $130.
Luna Forming HEad & ShouldersLuna formed a H&S from Jan 13-20, 2022 with a major retracement. Currently, a larger head and shoulders pattern is forming with the left should and head fully developed.
CADJPY - Bearish SharkCADJPY has been giving us an amazing trading experience. Once again, another Bearish Shark Pattern has formed up. What's different from this setup is that the 4-hourly candle has broken and closed above X. This is something that you shouldn't treat lightly.
You can head to the lower timeframe and wait for a Double Top setup with RSI Divergence on the 1hourly chart. That should significantly reduce your initial stop-loss providing and reward of up to 5x.
DXY double top?Looking at the overall strength of the USD we can see a potential double top forming. This is a pivotal moment in the USD to see if we can continue the strength it has shown, or whether the tables are starting to turn.
