Technical analysis - The price is moving toward the double bottom after a retracement to grab liquidity . Over all it is bearish. IT will retrace to Fib level which is synced with the order block that is sitting there two entries can be placed according to the structure. One is going to be a winning trade
There is a beautiful pattern in this stock and today it has given a good BO, from CMP we can aim for 2 Targets after that according to the price action we can aim for higher levels too.
After its remarkable run, ETC seems to have topped its price action above $26. It currently has formed a head and shoulders pattern on the 1H time frame which seems to suggest that further price action to the downside is expected. Would open a short here with: TP: $23 SL: $26
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. on WEEKLY: (Left Chart) SAND is sitting around a strong demand zone in blue so we will be looking for buy setups on lower timeframes. on H4: (Right Chart) SAND formed a valid wedge pattern in red. but it is not ready to go yet. For the bulls to take over, a momentum candle...
Hi traders, here on USDCHF , there is a change of character on the upside which indicates the presence of the bears. Price is currently pulling back for a possible continuation to the downside
OANDA:US30USD continuation
nifty 50 has made a good recovery after 20th June, same followed by the nifty small cap. check the fibonnaci levels, and there's a good support of MA 100, after 20th june. many nifty small and mid caps have to get there bull run, so this became a point of breakout. speaking about breakouts, it happens in the triangle pattern. so you could check the blue colour...
euro clear bear trend head and shoulders bounced off ma bounced off key level
On CADCHF, we have a break and retest set up with the previous support acing as resistance on the downtrend which is also correlating with the 3rd touch trend line
Pattern confirmed and currently in a profit zone. Now would be a great time to move the stop loss (Red Line) into a profit zone or slightly above break even.
market is short time bullish in 15 mint time frame chart ,,, are u ready guys go the long position
Nice short setup for Ethereum The bearish Gartley follows the same guidelines, with the XA move being to the downside and the point D generating a sell signal.
Bullish: The rare Megaphone Bottom—a.k.a. Broadening Pattern—can be recognized by its successively higher highs and lower lows, which form after a downward move. The bullish pattern is confirmed when, usually on the third upswing, prices break above the prior high but fail to fall below this level again. Megaphone patterns are considered both reversal and...
As you know, the Shark Pattern can move. That makes it the most dangerous harmonic patterns of all, but also the most rewarding ones.
Well, if you guys are aware, I do not usually post an analysis based on M15 timeframe, but this setup is worth watching. The distance between the red and blue line is 43pips, substantial profit between the 2 levels. On the red dotted line, come the completion of the Bearish Shark Pattern and the blue dotted line, Bullish 5-0 Pattern. Candlestick Pattern...
#USDCAD USDCAD is currently in a rather RANGE range. The reason is that OIL is slightly RANGE and USD is slightly DOWN. Also, MARKETS RISK has been OFF again. And the US CPI data was very good. So now USD has become very STRONG. US RETAIL SALES DATA was also very POSITIVE. As a result, the sentiment related to USD became STRONG in recent days. But now...
As you can see marked out on my charts, the yellow arrows show the top of a massive double-top structure. Both these structures have tested and could not break the 200ema(white line, red arrow) which acts as a very strong support\ resistance. The second leg of this double top is forming a head and shoulders at the 200ema resistance, and if you look closely, the...
After 1 Year of bear market, we can now see a possible bottom in the next coming month. ABCD correction played out, now a double bottom could give us enough power to switch the momentum! Notice we have lost over 80 % from the top by this point. I expect the price to fall below previous low and then a nice rally to the upside! So based on these indicators/price...