Short Set up UFLEX Below 351 for 7-8%Short if it doesn't sustained at 353 354 levels
Target of 340 in Short term
GAP filling
Stop loss 366 368
Rounding Top pattern at 1 hour TF
Roundingtop
It's Decision Time next week.I decided to republish this chart with a tightened up arc, and added some initial price zone/targets.
CHFEUR - Rounding Top FormationHello fellow trader
As you may see in the chart CHFEUR is forming a rounding top. This pattern's statistic shows a high reliability concerning its expected breakout.
Possible entries for a short and a following long trade may be taken from the chart.
Be advised that the price may already bounce from the projected short entry and rise into the pattern's breakout.
This is actually just for my own record and not meant as definitive financial advice.
If you're interested in the theory/calculus behind pattern trading just ask in the comment section.
Trade safe
Nik
Good looking setup.I like the setup to at least test previous support. A break above would get my attention.
ROUNDING TOP ON BERGER PAINTS INDIAROUNDING TOP IS A BEARISH PATTERN AND IT USUALLY SHOW EXPECTED REVERSAL IN THE ONGOING TREND. TAKE POSITION ON BREAKOUT AND EXIT ON NEXT SUPPORT OR MAJOR SIGN OF WEAKNESS. BREAKOUT SHOULD BE SUPPORTED WITH VOLUME.
CONSULT YOUR ANALYST BEFORE MAKING DECISION .
CIPLABefore the technical analysis, Please do like comment and follow.
In the Hourly time frame, there is a half-circle pattern formed. Take entry after the breakout is done, Easy target will reach when the breakout is done, but target will reach after the retest. Do wait for the target. A breakaway gap is there, as well as target, is also in the gap so it will fill the gap and it reaches the target
ABG Shipyard Limited Classic Rounding Top Formation
Classic Rounding Top Formation on since 2009 - 2016
Neckline Price Breakout
Continious downtrend since then.
Mapletree Com Trust - End of Rounded "Top"Most people's idea of a rounded top is "bearish" and should break down at the neckline. However, personally I found that half the time this is not true. A test at the neckline and a decisive rebound from there, I will go long. A rather aggressive short term trade with stop loss just below today's candle low and with near term profits between 2.20-2.24. Dividend lovers might choose to manage and hold for longer :) p/s the key word is "manage" your trade..
EURCAD Short Opportunity:CAD CPI AheadCAD CPI is released in 20 Min.
Better than expected CPI Scenario
Levels as shown in the chart
KO Rounding Top Nears Completion SupportKO broke to the downside and is continuing down to the support level of a top completion. This aligns closely with the prior gap up.
TWLO Rounding TopTWLO is forming a short-term Rounding Top Formation with support nearby. There is some Dark Pool Quiet Rotation™ that is increasing the rounding action on this chart.
Gold Rounding Top & Bearish Flag Gold Retests the support
Flag and Rounding top as described on the chart.
AMZN Rounding Top Hits SupportAmazon bounced off of support, after falling quickly at a steep Angle of Descent™, and the bounce has not reversed the trend. Support is weaker due to candlestick formations.
CRM Bounces Off Moderate SupportSalesforce.com formed a Rounding Top that broke to the downside. However, it did not complete the Rounding Top Formation yet, as it bounced strongly off of previous monthly highs.
SEE Forms Short-Term Rounding Top to Sheer CliffSEE has one of the harder tops to identify before the collapse called a Sheer Cliff. The rounding price action occurs because larger lots are carefully selling into rising prices. The Sheer Cliff occurs when buyers disappear. The stock is holding at the gap up support level.
Storm Seems Ready for Another Run!Hey, I am back with another Trading Idea.
This Time Looking at Token on Binance with low market cap and nice volume.
Storm had one 340% crazy breakout in past, this time Storm looks again bullish and ready to run!
Okay, we have 2 possible breakouts patterns, first one is Rounding bottom the another one is called Cup and Handle, both of them leading to breakout. In the cup and handle one you have one last chance to buy, thats the small difference.
Looking at Indicators
MACD gaved clear bullish signal, RSI bouncing off RSI bullish support level,
just to be sure set stop loss under 395 satoshi.
Hope I made your view on whats going on with Storm somehow clearer.
If you like this TA let me know in the comments, Likes are aprreciated, Thanks !
If this gets a little bit of attention, I will update.
I have been waiting for this oneGLD is on its way to go down soon; the price struggle to go higher and the RSI is decreasing. We also have a rounded top forming.
I will be buying GLD April 20 123 Puts. If it bounce back to 124.50 after the first drop, I will double my position.
The longer trend shows support @ 119, but I will close @ 120.
Cheers,
NZDUSD Weekly outlook When look at weekly chart short trade looks even more possible. I marked important GAP's on the chart. I marked in circle place where GAP acted nicely as the support/Resistance area. Last three highest highs are creating rounded top which is another signal for sell in my opinion. Pair is strongly rejected after it touches GAP on weekly chart marked.
Blue GAP is another strong ressistance/support area.
See link for Daily chart
AJRD: Awesome Set-upThis is a very neat chart. We have clear levels to watch and play off. If the Rounding Top confirms this is going to be a long-term Short play.
