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Double Top or Bottom

AMS Seeking Long-term LowAngloplat chart shows that price is in long-term decline and we are getting close the COVID low price. Price action has respected the Pitchfork and we see an area where there will be expected to be strong support, the intersection of the Pitchfork support and the horizontal support line. Before we get there we might find a turning point where the lowest price of the COVID low closed. The blue trendline is the line defining the weekly low, this we know when price close above this line and the 10 week moving average, whereas the green trendline represents the yearly low price.
JSE:AMSLong
by runyamhere
EURCAD: Your Trading Plan Explained 🇪🇺🇨🇦 EURCAD looks quite exhausted after a strong bearish movement in the morning. The price is currently testing a key daily support. I think that the price may pull back from that. Your confirmation to buy will be a bullish breakout of a neckline of a double bottom pattern on 1H time frame. An hourly candle close above 1.4723 will confirm a violation. A bullish movement will be expected to 1.4745 level then. ❤️Please, support my work with like, thank you!❤️
Long
by VasilyTrader
1
ARE THE BEARS REALLY IN CONTROL 4 GOLD OR ITS JUST A FACADE ???Gold is looking to make a lower high before eventually falling If price action really confirms a sell on my supply areas Then I'll be looking to place some short positions And take note that price broke out of my bullish trendline and pulled back up to do a breakout retest before falling further down and the fact that gold seems to be making lower highs and all this is just further confirmation of a downtrend taking place.
VELOCITY:GOLDShort
by Mlando17
Swing Long: Double Bottom + Higher Low + Up-Trending ChannelTechnical factors: Double bottom formed with a higher Low on the second retracement, which was also accompanied by volume accumulation. Long-term upward trend (view weekly chart). Up-trending channel in the medium-term. Well-defined risk. Low-volume node (LVN) that provides for an early/aggressive breakout entry (likely today). Fundamental Factors: WASDE yield estimates for beans this season are running high by more than two bushels per acre.
CBOT:ZS1!Long
by porcupine80
$BTCUSD - Oh no, double top?Hi guys! 👋🏻 🔔 $71400 is a static barrier for $BTC. The resistance which #Bitcoin is yet to break. Bitcoin is lacking liquidity to overcome that resistance, thus I'm waiting for the continuation of a correction. 🔔 Any bullish sign will be only above the aforesaid resistance or when #BTC completes the double top pattern and withholds the support at $60800. 🔔 Watch the area marked with rectangle on this chart closely. ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.
COINBASE:BTCUSDShort
by azizelliott
Renewable energy stocks coming back?I saw some other stocks of the same segment doing bullish patterns. We have a potential double bottom fighting with downtrend line resistance. I think is going to bounce back and forward between the 13.5 support level and the downtrend line until something breaks. The double bottom (inverted HS in the daily timeframe) tells me that the price wants to break up the downtrend from September 2022. SL triggers if a weekly candle breaks down and closes under the 13.5 level support.
NASDAQ:RUNLong
by ArturoL
3