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Double Top or Bottom

iShares MSCI Brazil | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # iShares MSCI Brazil - Hypothesis Entry Bias | Neckline Alignment - Support=0 | 012345 | Wave 1 - Triple Formation | Inflicted Short Set Up - Awaiting & Invalid Target | Daily Confirmation Active Sessions On Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Sell
CAPITALCOM:EWZShort
by TradePolitics
POV : MAZDOCK : Is ready to rock again ?POV : MAZDOCK : MAZAGON DOCK SHIPBUIL LTD Is ready to rock again ? Chart Reading: 1. Took Support at 0.5 FIB Level 2. at the Fib Level create a kind of Double Bottom pattern 3. Closing Base Trend Line break on 10th Oct and then after face resistance at another High base trend line(red). 4. in the previous session, try to breakout fractal high but selling pressure clearly seen. 5. Recent fractal high break with Marubozu Candle and also close above previous session High. ? Upcoming session will it break trend line if it is then action plan will execute else waiting... For educational purposes only. This is not financial advice. Please consult a professional before making financial decisions. #NiVYAMi
NSE:MAZDOCKLong
by kzatakia
BJs Wholesale Club Holdings | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # BJs Wholesale Club Holdings - Entry Bias Hypothesis | Trend Infliction - Resistance Level | Double Formation - Wave Structure | Retracement Set Up * 012345 | Double Bottom(Subdivision) Active Sessions On Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Buy
CAPITALCOM:BJLong
by TradePolitics
SPDR S&P Retail ETF | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # SPDR S&P Retail ETF - Double Formation | 012345 & Triangle - Pennant Structure | Uptrend Continuation - Retracement | 0.382 Area(Retest) Active Sessions On Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Buy
CAPITALCOM:XRTLong
by TradePolitics
SPY Double Top Triple Top?Possible Double or Triple Top on AMEX:SPY ? The SPY has been hitting the same resistance level of 600.80 for the past two days. First, on November 24, 2024, and again on November 25, 2024, before pulling back. This repeated testing of the same level raises the question: are we forming a double or triple top? Will the SPY fail to break through this level, or will it finally push past it? Only time will tell, but we should be aware of this potential technical pattern. Double Top Two consecutive peaks: Two highs occur near the same price level, with a moderate decline between them. Valley in between: A noticeable low forms between the two peaks, which serves as a support level. Neckline: A line connecting the valley lows forms the neckline. Breakdown: The price breaks below the neckline, confirming the Double Top pattern. Volume: Decreasing volume on the second peak and increasing volume on the breakdown.
AMEX:SPY
by Paul_Hodls
Lindblad Expeditions Holdings | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Lindblad Expeditions Holdings - Entry Bias Hypothesis | 012345 Wave Infliction - Triple formation | Uptrend & Subdivision - Pennant Structure | Wave 3 Continuation Active Sessions On Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Buy
CAPITALCOM:LINDLong
by TradePolitics
Vir Biotechnology | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Vir Biotechnology - Entry Bias Hypothesis 1 | Center Settings - Entry Bias Hypothesis 2 | Supply Area - 12345 | Wave 1 | Failed Target - Retracement | 0618 & 0.5 Area | Infliction - Double Top Pattern | 0.382 Formation Active Sessions On Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Sell
CAPITALCOM:VIRShort
by TradePolitics
Intl Favors & Fragrances | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Intl Favors & Fragrances - Pennant Structure & Subdivision - Double Formation | Center Trend Low - 1 & Support=0 | 12345 - Retracement | 50% | Long Set Up Active Sessions On Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Buy
CAPITALCOM:IFFLong
by TradePolitics
VZ looks bullish intermediate termVZ is again at the top of its one-month regression channel, having last tested it on Monday. I think there's a good chance that this new push will succeed. If so, it will quickly bring the post-earnings gap into play (red drop in the chart). A second, shallower gap is above. The Sep 30 high on the chart is also the YTD high, as the stock is near the top of a 2-year bottom consolidation. On a daily chart there's also a double bottom pattern that has been in place since early September. For VZ 17 of the last 22 double bottom patterns have reached their first profit target, which in this csae is at $44.81, just above the YTD high. I am already long VZ with stock, but today added a vertical call spread. I view both positions as swing trades, not investments, and will reassess if/when the stock reaches the top of its post-earnings gap. If the stock were to substantially drop below the upper edge of its regression trend, I would likely exit both positions.
NYSE:VZLong
by matthias
3
Puma Biotechnology | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Puma Biotechnology - Double Formation | Downtrend * Triangle Subdivision - HH & HL | Uptrend Infliction - Entry Bias Hypothesis | 012345 - Retracement | Wave Confirmation Active Sessions On Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Buy
CAPITALCOM:PBYILong
by TradePolitics
Cronos CRO In Trouble - BUY & HODLCronos can go bust, but even so, it's on Sale. CROUSD / CROUSDT will go straight bull at one point. So, I am still buying these poopy coins on each major fall they have. Yeah, that's what I do.. putting my money into a black hole. My next good BUY LEVEL: $0.03 . Who knows, maybe I'll actually get rich. My Technicals on CRO: * Elliott Wave A-B-C Pattern * Fibonacci Retracements * Fibonacci Time Zones * Double Bottom * Cycle Analysis * Bullish Divergence Fibonacci Time Zones tell me that the beginning of '23 will be amazing!
COINBASE:CROUSDLong
by EW4X
15
DOGE To Mars - The Elon RideDOGE got a memorable boost with the previous FOMO. With the Crypto Markets preparing for the next boom, I think this one will go again. This dog went to the Moon, now Elon's gonna take it to Mars. I will not hesitate to get my hands on this Dogecoin at the $0.03-$0.01 range. DOGEUSD ( DOGEUSDT , DOGEBUSD ) Tech. Analysis: * Elliott Wave Impulse: Cycle A (white) * Elliott Wave Correction: Primary A-B-C (red) * Ending Diagonal: Primary C (red) * Bullish Divergence * Demand Zone * 88.6% Fibonacci Retracement * 61.8% Fibonacci Extension * Double Bottom It might take a while, but it proved to be a nice meme coin. So, might as well get some if it provides a better level.
BINANCE:DOGEUSDLong
by EW4X
10
Ripple XRP - The Banks Worst Nightmare - Beast ModeRipple ( XRP ) will put the banking system to the test. Many attempts to shut down this "wonderful" coin have been made. Still, it's alive, has a pulse, and it's barely getting started for the New Crypto Age. It will take some time indeed, until it would be implemented in the systems. All I can say is that, IMO, the Crypto Revolution is inevitable. Anyway, let's get on with it and have a deeper look at Ripple. XRP ( XRPUSD , XRPUSDT , XRPBUSD ) Tech. Analysis: * Elliott Wave A-B-C Pattern: Cycle a-b-c (red) * Ending Diagonal in Cycle C (red) * 88.6 Fibonacci Retracement * Bullish Divergence * Demand Zone * Double Bottom There you have it! A trading set-up. But where's the level bro? Oh.. yeah, it's $0.175 . Good luck you HODLer!
BITFINEX:XRPUSDLong
by EW4X
10