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Double Top

Bearish Alt Bat Visible On Gold's Monthly ChartThis is an update to the First Post I made on Gold's Bearish Alt-bat last year just to let you know that it is still in play and that it has just come back up to tap the PCZ a Second Time and this time on Greater Volume this looks like it could be the end and where Gold begins a Presumably Years Long retrace back to the zone between $1,129 and $718.80 If you want to see my original posting from last year on this Alt-Bat i have it on the related ideas section below.
OANDA:XAUUSDShort
by RizeSenpai
2
AUDCHF on a double top? 🦐AUDCHF on the 240min chart has created a double top pattern. After such a figure the price should move to the lower side of the market and I can spot a support ascending trendline that can confirm my idea. How can i approach the scenario? I will wait for the European market to open and check for a potential break and rates of the support area . In that case, I will set a nice short order according to Plancton' strategy. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any questions. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
Short
by InkyGrip
4
One is going to be bullish and there are two scenariosHello every one ONE/USDT 🟡Chart is speaking it self! -The ONE was in a double Top pattern. -the bearish break out has already happened. - regular bullish divergence (+RD) on MACD - There are two scenarios: S1: a bullish movement would start from here and at least reach it's resistance S2: the expected bullish movement would start after touching it's Support zone -support zone: 0.107$ -resistance zone:0.17$ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Thank you for seeing idea . Have a nice day and Good luck
by CobraVanguard
7
Luna will see lower supportIn daily and 4h time frame, Luna built -RD in MACD and RSI. Also, there is a huge amount of volume exactly on its ATH resistance. Finally, the chart created a double top and its neck line was broken in 4h. All of these signs show me that the correction of Luna started. There are two scenarios: First, Luna touches again the resistance of 93.7-95$. Second, the chart breaks its current support exactly from here. In both scenarios, I expect that the price decrease to lower prices. In the daily time frame, I expect that the chart decrease to 80$. Please, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
LLong
by pezhmanrz
How to look for Shorts in my Trading System (GOOG Double Top)Hello guys, welcome to my first Trade Idea published here on Trading View! Right of the bat I apologize for if my english was hard to comprehend at any time, feel free to leave questions down in the comments if there's something you haven't understood. As to the idea, it is based on my very simple trading system, in which I do as follows: Look for congruences between the EMAs, my RSI Zones indicator and my personal technical analysis of the chart, to find important supports and resistances . Look for Price Action patterns near the support or resistance, such as Double Tops or Bottoms, Pullbacks after the breakout of a pattern, or Inside and Outside Bars. Try to find congruent fibonacci measurements that point to the same price target. (In the video I give examples of how to draw targets from pivots and flags, in that order) Then I just look for a previous high for my stoploss, and enter the trade! It might take a while to get used to, but I find this system very reliable and simple. As it doesn't generate a huge amount of trades, it also helps me keep my risk managent and trading psychology under control. Hope you liked it, and if you did make sure to like, comment, and check out my RSI Supply / Demand Zones indicator!
NASDAQ:GOOGShort
by GioLucaas
1
LUNA reflectionRevolving around a better Short setup, since I missed the perfect entry (leveling my Bard in Lost Ark). I think LUNA will arc towards 99 and then attempt to break below the Neckline (~94). Even without an arc, this S/R channel is a No-No zone. With a successful Neckline breach, I'll be targeting 91 and 86. Oh, yes, and Double Top, hence the Neckline. This is my Thesis, targets are purely hypothetical based on my analysis. This is NOT Investment and/or Trading Advice. Happy Trades! ❤️ If you enjoy my ideas, Please like/comment, it means a lot, Thank You! ❤️
L
by WhoIsWu
GBPJPY Analysis I SHORTWelcome back! Here's an analysis of this pair! **GBPJPY - listen to video analysis. We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Short
by BKTradingAcademy
4
Oil at 2011 Highs - What to look forThis isn't strictly a technical analysis. I'd like to gage the market sentiment and geo political tensions before I commit to a trade. If I see price break support but I'm seeing bullish headlines, I won't take a oil short. I'm waiting for a bearish catalyst and a break of the support I pointed out. Below are some bullish and bearish headlines I'll be looking out for. Bearish Oil Headlines Examples: Cease Fire in Ukraine Russians Withdrawal Iran Nuclear Deal reached Refusal to sanction Russian Oil More reserves released Bullish Oil Headlines Examples: Military action involving NATO countries No fly zone implemented over Ukraine More nuclear weapon rhetoric Sanctions on Russian oil exports. NATO countries supplying weapons/equipment to Ukraine. Iran nuclear deal negotiations fall apart
TVC:USOILShort
by natron
4
GBPCAD Analysis I It will continue to fall Welcome back! Here's an analysis of this pair! **GBPCAD - Due to fundamentals over Russia Ukraine tensions, expect more downside to support. We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Short
by BKTradingAcademy
1
GBP/USD Double-Top FormingHi Traders, We are on GBP/USD 1-Hour We can see we have a double-top forming. I have highlighted the neck zone in yellow. I would like to see the price close below the neck zone accompanied by strong volume. The break of this neck zone would also confirm a break of the trend line. I will then set a pending order to open up a short position. We have partial divergence on the MACD Histogram but not on the MA Lines. Entry Rules – 1) Price needs to close below the neck zone with conviction 2 )Price needs to retrace to the neck zone. 3) We need lower volume upon entry. If those three conditions are met, then I will open a short position targeting 1.334 and then 1.3317. Good luck to everyone trading today. Trade safe. Vortex
Short
by TheVortexTrader