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Wpattern

GBP/USD BUY "W PATTERN" (DOUBLE BOTTOM)OANDA:GBPUSD HI , TRADER'S , OUR PREVIOUS ALL PREDICTION'S ABOUT GBPUSD REACHED TARGET As you can see in chart market is making W pattern , which is also known as double bottom chart pattern It's a bullish pattern in which market make 2 bottom's , and from second bottom buyer's push market up Now 20,50 and 200 ema is supporting market , and more 150 + pip's expected Take your entry if any dip come. ❤️ Please, support my work with follow ,share and like, thank you !❤️
Long
by INVESTRONE
W for the Win QQQOk I waited for this and really doubt it would pan out. We have a W pattern in the brink of a breakout. Now, lets take the political spectrum. We are not in the climate for expansion after the dwarf star called the stimulus pack from 2020. Even if it was not a recession it is hard to be bullish. So lets get to it Bullish View - Earnings report was interesting. There was very little that showed stock weakness including the massive move by Tesla. I can see $300 level being a big barrier from getting the W pattern to play out. Be vigilant that it can turn back around as quick as it ran up. Bearish View - Lets be serious... how this run up still here? Being below the 0 line in the weekly does not bold well for enthusiasm to take this to 300, let alone the measured move of 310. Look for reversal patterns and exhaustion. Time to take this down, been months since a new low was formed.
NASDAQ:QQQLong
by JDTheGreat
EURSGD - W patternHello traders! We can spot a similar formation on EURSGD as on EURJPY, about which I discussed in my previous post, and which has already reached the take profit. EURSGD also seems to create a strong impulse downwards, completing to the neckline the W that was formed on the daily timeframe . We can see that the MACD is below 0 and EMAs are crossed, showing us a bearish environment. From here, there is a high probability of reaching the neckline of the daily W, going to at least at 1.425 OANDA:EURSGD FOREXCOM:EURSGD
Short
by m_maia14
1
Triveni Engineering & Industries LTD - Multiple Indicators📊 Script: TRIVENI (TRIVENI ENGINEERING & INDUSTRIES LIMITED) 📊 Nifty50 Stock: NO 📊 Sectoral Index: NIFTY500nif 📊 Sector: Fast Moving Consumer Goods 📊 Industry: Sugar / Agricultural Food & other Products DAILY TIMEFRAME W PATTERN BREAKOUT WEEKLY TIMEFRAME MACD CROSSOVER AND DOUBLE MOVING AVERAGE CROSSOVER SOON Key highlights: 💡⚡ This stock pick is according to my study. I have use few indicator that is BOLLINGER BAND MACD RSI DOUBLE MOVING AVERAGE VOLUME 📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it. 📈 Crossover in MACD . 📈 Already Crossover in Double Moving Averages. 📈 Volume is increasing along with price which is volume breakout. 📈 Current RSI is around 76. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 291 🟢 Target 🎯🏆 - 339 ⚠️ Stoploss ☠️🚫 - 267/260 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:TRIVENILong
by radha_23
2