NZDJPY double top has completed. Intraday Update: Double top completion. We are trading at the 50% retracement, and don't be surprised if there is some consolidation near the 87.70's now as the intraday RSI's have reached oversold.
Double Top or Bottom
$NU - Look out belowww! Falling KnifeChart #35/ 40: NYSE:NU
-Double Top Breakdown look for retest and confirmation
-L5 Indicator is RED
-Williams R% needs to create Resistance for this Low 5 Setup to establish the Williams consolidation box.
-AVP almost at volume shelf, if it breaks that another big gap down.
🎯$11.75📏$10.62⏳ Before APR25
NFA
Planet Labs Bottomed?Promising company, promising tech. Looks like it already bottomed, if not in the process of bottoming.
CEO came from NASA Ames research lab, invented micro-satellites. Found much cheaper ways to produce them, put a large (if not the largest) array of them into low earth orbit and are taking daily high resolution photos of the entire planet + AI tools to analyze changes or notice similarities across the earth. Very valuable information to be gleamed from data like this.
Targets = $4.38 and then $5.51, pre-req of breaking and holding above $2.77.
Not far from ATLs now. Good entries anywhere under 2 bucks, or even where it sits now if you don't mind a litte extra risk.
AUDNZD, Double Bottom with Bullish DivergenceBearish trend
Bullish Divergence appeared
Taking Support from a significant Level
Double Bottom Formation
Buy with Buy Stop
Sl on break of support
TP 1:1
**BA UPDATE** Original BA chart I wanted to share**BA UPDATE** Original BA chart I wanted to share from earlier
Scenario on GBPAUDAccording to this analysis, it is quite likely that a double top has formed in the market, and especially the second top is subdivided into at least two more, which only strengthens my decision to short this market. However, nothing has been decided yet. We are waiting for a test of resistance at the level of 1.956539, then I will monitor the marked zone where a decision should be made. For now, I am staying away.
Flare breaking up from falling wedge that is also a bullpennantThe shorter dotted purple line is the breakout target for just the falling wedge alone. The much longer dotted purple line is the measured move / breakout target line for the entire pennant. As we can see the price action has treated this longer dotted purple line as exact wick resistance here now as it begins its ascension to the breakout targets which helps tell us that this measured move line is indeed a very valid one. We can also see an impending golden cross just around the corner for flare as well at which point I expect it to get the same bullish impulse most of the alt market has been getting after their golden cross happens. If we hit the full breakout target of the entire pennant, that will take price action above a double bottom neckline as well which wll then lead to the opportunity for an even bigger breakout target. *not financial advice*
GBPUSD: Time to Buy?! 🇬🇧🇺🇸
GBPUSD has a perfect potential to move up after
a confirmed breakout of a minor daily resistance.
After a retest of a broken structure, the price formed a double bottom on that
and violated its neckline with a strong bullish imbalance.
The price may reach 1.2732 level soon.
❤️Please, support my work with like, thank you!❤️
Understanding ICT Bullish Mitigation BlockA Bullish ICT Mitigation Block is a concept from Inner Circle Trader (ICT) methodology.
It forms at the end of a bearish trend when the price reaches a strong bullish institutional reference point, such as a bullish order block or breaker block.
Formation: It occurs when the price fails to create a lower low in a bearish trend and instead reverses to shift the market structure to the bullish side.
Identification: Look for a price level where the market attempted to break lower but was halted by significant buying pressure.
Trading Implications: This area can serve as a strong demand level, from which the price can rally further stronger because of short traders exit and long traders enter at the same area.
Multi Time Frame Analysis:
Higher Time Frame - H4
Lower Time Frame - M15
Institutional Framework:
Price Expansion (MMXM Buy Model)
Institutional Reference Points:
Bullish Mitigation
Sell Side Liquidity (SSL)
EURUSD 1D ANALYSISEUR/USD Analysis – 1-Day Time Frame
In the past month, EUR/USD has been strongly bearish, but we’re now seeing signs of a reversal as the price begins to climb. Recently, the pair has broken through a key daily resistance level and is now heading toward the next resistance zone at 1.06040.
Two Potential Entry Models:
Rejection from Resistance:
If the price bounces back from the 1.06040 resistance level, you can look for a possible entry around 1.05200. From this level, the price may regain upward momentum, offering a favorable buy opportunity.
Break and Retest:
If the price successfully breaks through the 1.06050 resistance, wait for it to retest this level as a new support. Once confirmed, you can consider an entry at this zone, aiming for a continuation of the bullish move.
These setups offer strategic opportunities for those trading EUR/USD.
I hope this analysis helps you in your trading decisions. Don’t forget to like and comment for more analysis like this!
Ondo attempting a double bottom breakout. Recently retested the neckline of the double bottom with a wick as exact support. Very probable it validates the breakout If so target is $1.248 *not financial advice*
Can we get another 40% leg up with $SHIB?Last hoorah SHIB had with a double bottom pattern resulted in a 40% increase in price over 24 hours. As you can see, SHIB has formed and completed another double bottom with upward momentum following. If ETH can act right I feel this leg up will be just a much as the last, maybe more.
XP INC CED EACH 2 REPR 1 | 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
# XP INC CED EACH 2 REPR 1
Double Formation | A+ Set Up
* Wedge Structure | Double Bottom Alignment | Subdivision 1
* 012345 Main Structure On Hold | Support=0 | Subdivision 2
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Sell
XRP ChartThere is Bearish Divergence and Also Pattern of Double Top. Will take Sell entry at the breakdown of Neckline
Bist 30 Futures | 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
# Bist 30 Futures
- Double Formation
* (Wave Y) | Double Top Alignment
* Neckline & Support=0 | Subdivision 1
- Triple Formation
* 012345 | Failed Attempt (3)
* (Neckline) Retracement Area | Subdivision 2
* 012345 | Awaiting Target On Hold | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
DECISIVE DIVID CORP | 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
# DECISIVE DIVID CORP
- Triple Formation
* Support=0 | Trend, Behaviour & Entry Principle
* Retracement | 012345 | Subdivision 1
* Pennant Structure At 8.30 & 6.87 | Subdivision 2
- Double Formation
* Wedge Structure | Failed Target | Subdivision 3
* Neckline Area at 6.00
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Sell
ALGO/USDT - double bottom - retest and long trade potential
I had planned to enter the trade with a strong breakout and then a retest. Such a strong breakout is a positive indicator for a long trade to be taken. Now it's time to wait for the price to reach the breakout area. If this trade is stopped, I can plan a second long trade from the fibbonacci 0.618 region of the last wave with the 2-618 formation.
Double Bottom reversal, bullish retest of the breakoutCLNE broke out of a 1000 day downtrend and is above the 200 day moving average.
It double bottomed and retested the breakout.
If CLNE can get above $3.20, could go up 75%
if not, we may need more consolidation at the breakout level.
Could go down 23% first.
USDHKD PROJECTION FOR MY FRIENDS Dear followers and friends,
See a great analysis of USDHKD on trendline and zones,
Confirming bearish move, now we wait for the market to touch the double TOP, Confirm the start of bearish movement.
Kindly like and recommend to your friends ...
OLUMIGHTYFX ACADEMY NIGERIA
AUDUSD, Double Bottom with Bullish DivergenceDouble Bottom Formation
Bullish Divergence
Weekly support acting as strong zone for reversal
currently trading in Rectangular consolidation box
Seasonals also Indicates DXY bearish 75% of times in December
Bullish Move expected
Buy with Buy stop
SL on break of weekly support
Target 1:1
US30 to continue rise?Hi Guys, Its been a long time since ive posted. I hope everyone is killing it.
I have been away mastering US30, as you know I used to trade GJ and Gold mostly. So I am back. Watch this space for some fire analysis.
I have been in buys on US30 for almost the past 2 weeks. After a double bottom from the previous bearish market reversal from the week before.
It looks like we have completed 2 full levels of rise, and made a new high. This high was retested, so I think that we could see more rise on this pair for the rest of the week. While not disregarding the fact that we could have a pullback before the rise.
However I am in a buy with tight risk.
Is MYROUSDT Setting Up for a Bullish Breakout, or Is It a Trap?Yello, Paradisers! 🚨 Are you prepared for the potential bullish move on MYROUSDT?
💎MYROUSDT broke out of a key resistive trendline and is now consolidating. Within this consolidation phase, a W pattern appears to be forming.
💎If MYROUSDT breaks and closes above the resistant zone, this will validate the W pattern and significantly increase the likelihood of a strong bullish move. However, caution is essential! The broader market trend, especially BTC’s price action, will play a crucial role. If BTC shows signs of strength, it will further support our bullish bias. But if BTC starts turning bearish, it’s better to avoid this analysis.
💎On the flip side, if MYROUSDT breaks down and closes below the support zone, this would invalidate our bullish outlook completely.
🎖Always remember, Paradisers, disciplined trading and patience will set you apart from the crowd. Stick to your strategy and wait for the highest probability setups.
MyCryptoParadise
iFeel the success🌴
Will MANTAUSDT Break Out or Break Down? Critical Moment ApproachYello, Paradisers! 🚨 Are you ready for the next potential breakout, or are you about to miss a crucial move? Let’s dive into MANTAUSDT and see what the charts are telling us!
💎MANTAUSDT has bounced off a key support zone and has shown a Change of Character (CHoCH) towards a bullish market structure. Additionally, a bullish divergence has formed, further increasing the chances of an upward move.
💎While the probability of a rise looks high, caution is essential as the price approaches the resistance trendline. If the price breaks through this resistance with strong candles, it will signal bullish strength.
💎Should the price break out and close a candle above the resistance zone, we could see the formation of a W-pattern structure, significantly boosting the likelihood of a bullish move.
💎However, if the price breaks down and closes below the support zone, our bullish outlook will be invalidated. In that scenario, it’s wiser to wait for better price action before making any moves.
Strive for consistency, not quick profits. Stay patient, disciplined, and keep those emotions in check, Paradisers!
MyCryptoParadise
iFeel the success🌴
