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Double Top or Bottom

Double Tap and AWAY!! - AUHere I have AUD/USD on the 1 Hr Chart! Clear as day we can see 2 distinct Lows followed by a Pullback to .6653 Outlining what looks to be a Potential Double Bottom Pattern, I suspect we can see this pair move HIGHER!! Adding Confluence to this idea is the fact we are getting a Strong RSI Divergence on these Lows showing Price is looking to head UP! *Confirmation of Pattern comes when price BREAKS and CLOSES ABOVE CONFIRMATION!! -Next we will look for a Retest of that Break for possible BUY OPPORTUNITIES!! *Potential Target Profit being the Overhead Resistance Zone!
Long
by Novi_Fibonacci
1
Mapping GoldNaturally there a more than a few ways this could play out here. If this 4hr candle closes above the small horizontal resistance we could keep pushing up in the diagonal channel we’ve seemed to have formed and punch up to 2360-2385. Could end up creating a megaphone and popping back up to retest 2450. I’m short here, not playing the long. I can’t seem to force myself to buy even though I’ve charted a play here… I’m anticipating a meltdown because of the bearish break of the diagonal on the daily. Looking to 2296 for my TP and sticking to it. No SL, liquidation only. Have no fear, Danger is here. Wish me luck, I’ll need it.
OANDA:XAUUSDShort
by ImminentDanger
Expecting a recovery the value of the brand and company. Firstly expecting to continue trending upwards if the starts trading above R1800-R2000. This is one company that seem to be resilient and functions in bad time because of how big the name is what it means to the people. Looking at Pick n Pay , fundamental it looks like it far fetch for it recover but it is one of the staple names in South African households. In his book 'Same as Ever' author Morgan Housel he leaves a few questions at the end of the book and one of my favorite ones is 'What's always been true?' and the answer to that big name and household company names survive and recover if it is well run. Looking at the chart the recent low could the lowest the share price has been at R1675 which is last years financial low at the end of the fourth quarter and last years high at R5720 which creates a huge potential in value to be recovered in the upcoming years.
JSE:PIK
by KhoraCapital
2