USDCAD Double Bottom Potential LongWe can see that price broke the short-term trade line, after which the low was tested, followed by a formation of a double-bottom pattern formation.
Doubletoppattern
EURJPY BEQRISH IDEApotential bearish entry
Dow Theory in Place: Lower High and Lower Low Expected in Place
The double top, coupled with bearish divergence (a bearish reversal pattern).
The bullish trend is still intact; (be careful with your levels)
Entry, SL, and TP levels are defined.
NZDJPY BEARISH IDEA (DOUBLE TOP)potential bearish entry
Dow Theory in Place: Lower High and Lower Low Expected in Place
The double top, coupled with bearish divergence (a bearish reversal pattern).
The bullish trend is still intact; (be careful with your levels)
Entry, SL, and TP levels are defined.
TJX - Double Top PotentialPotential for a double top on this 4Hr chart
Works nicely with the top of this channel that is more evident on other timeframes
Bearish pattern
CADCHF BEARISH IDEA (DOUBLE TOP)potential bearish entry
Dow Theory in Place: Lower High and Lower Low Expected in Place
The double top, coupled with bearish divergence (a bearish reversal pattern).
The bullish trend is still intact; (be careful with your levels)
Entry, SL, and TP levels are defined.
ETHERUM BULLISH IDEA (DOUBLE BOTTOM)Potential Bullish Entry Dow Theory In Place -
Higher High and Higher Low Expected in Place
Formation of DOUBLE bottom coupled with bullish divergence (Bullish reversal pattern)
SL & TP Levels are defined.
W10-23 USDCAD BEARISH IDEA (DOUBLE TOP)potential bearish entry
Dow Theory in Place: Lower High and Lower Low Expected in Place
The double top, coupled with bearish divergence (a bearish reversal pattern).
Entry, SL, and TP levels are defined.
W9.1-15 EURSEK BEARISH IDEA (DOUBLE TOP)Potential Bearish Entry
Dow Theory In Place - Lower High and Lower Low Expected in Place
Formation of DOUBLE Top coupled with bearish divergence (Bearish reversal pattern)
SL & TP Levels are defined.
Apt coin tradeApt coin in on his very good support zone and there is trend line resistance if market break so we long the coin and we have double bottom pattern on support
Anticipate High Volatility This Week with EURUSD pairThe EURUSD currency pair is showing a lack of momentum to the upside, with the possibility of a pullback to gauge potential uptrend continuation.
Price rejection at the supply zone of 1.09114 and price closing below 1.08424 suggest trading back to the first demand zones.
A double-top reversal pattern is also forming on the 4-hour chart, with price trading near the 200-SMA on the 1-hour chart.
The coming week may not result in high volatility but expected high-impact news may cause the US dollar to be volatile.
Gold mapping 27/03 resultsPrice breaks the 1964-65 zone as i mentioned in my last post that if it break below then the next target will be 50-55 as you can see price came to that area,Follow for daily mapping of different pairs
How To Spot A Reversal Like a Pro!Hello Traders,
Spotting a reversal is always a daunting task I know. That is I use a 2 Step Down Timeframe Method to spot a reversal in correct way. I have explained step by step so please watch in full to understand it clearly. Also do not forget to like the video and let me know in the comment section if you have nay questions.
USDCHF : Price Action StoryOANDA:USDCHF
Hi , Trader's .. As you can see price made double top , And now market needs to test neckline or support zone
Further Bearish structure confirmation will be made after Breakout of neckline
Short term target 0.9340 area target 2 0.9310
❤️ Please, support my work with follow ,share and like, thank you! ❤️
USDJPY I 4 hr Double Top Formation - SHORTWelcome back! Let me know your thoughts in the comments!
**USDJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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AUDNZD BEARISH BUTTERFLY + POTENTIAL DOUBLE TOPAUDNZD has formed a bearish butterfly pattern, and also potential double top.
This is a good trade opportunity to take.
Trade with care.
I will update at here if the trade opportunity is given.
Do follow and boost if you found this idea helps.
Double Top at LTCUSDT. It is going downOn the medium-term timeframes LTCUSDT, another figure is identified by my publicly available scripts.
This time it's a double top. Therefore, with sufficient probability, we can expect that the next significant movement will be - DOWN.
All figures on this chart are built automatically by my scripts available for free to every tradingview user on my page: www.tradingview.com
SHEL, CVX, XOM SWING TRADE IDEASWith Oil companies reporting earnings and also a majority of them attempting to break ATH, I have my eyes on SHEL, CVX, and XOM.
CVX and XOM already reported earnings and did not have an all around beat but CVX beat revenue and XOM beat earnings!
SHEL is set to report their earnings on Thursday pre- market and I will be looking to enter into a swing in either direction. By using the 50, 100, and 200MA on the Daily timeframe, I am able to see my support levels to the downside. If we get a daily close below the 50ma at 57.30, I will look to swing it down to the 100ma at 55.11. If we can close below the 200ma on the D, at 54.58, I will look to hold this swing for a while, as it completes the double top pattern found on the D.
Now, a break above 61.50/62.50 would be a new 3 year high with its next resistance Level found around 66.50/67. This is where my bias lies because I believe the energy sector, oil companies in particular, will have a bullish run this year. However, I will trade what I see, not what I think!
Happy Trading!
Double top pattern in motion Double top formed we wait for a break in market structure (BMS) A retest and then we sell
Gold Forwarding Towards Double TopGold is bullish and resist from level 1898 after making double top on 2h , Trade your levels accordingly.
GOLD NATURE PREDICITON | 8-JAN-2023By looking at the week TF chart I analyzed the following things that I want to share:
1. Duration of the first double top was 567 days
2. Duration of descending channel was 238 days
3. Formed a bullish rally (approx 76% up) of 21 months by breaking a major resistance level
4. Duration of the second double top was 574 days
5. Duration of descending channel was 238 days again
So the market manipulators (Big Boys) hopefully will move the market upside
Let's see what happens
EURUSD - Double Top Bearish IdeaAs we can see in EURUSD a double top has formed and the structure of it has been broken indicating that the pair would like to push down.
Also upon retracing it rejected at a key Fib level 61.8. This is also a key level for the Elliott wave theory for wave 2 indicating we are in the formation of wave 3 which should be an impulse down furthering this bearish sentiment.
I see this set up being invalid around the 1.07150 area.
If you would like to see updates on this idea and many more please follow and hit the like button for more!
GOING SHORT IN XAGUSD BY TRADING STRATEGYBullish Indications
1. Higher Highs and Lows
2. Trend line not broken
Bearish Indications (BIASED SHORT)
1. Rejected from Resistance Area
2. Double TOP OR BAT Pattern Formation In Progress
3. AB=CD Reversal Pattern
4. Formation of Bearish Divergence
