WRXUSDTWe can attempt to short WRXUSDT from specified level as it break HL , also bearish divergence , double top occur indicate that it moves downward.
SL , TP mention in chart
Double Top or Bottom
ETH Sells back to Major Support level *I am in no way a financial advisor and you should always do your own due diligence before placing any trade. Do not trade what you are not comfortable with losing. No trade is guaranteed.
Price looks like it has reached it peak for the current bull move and has reached a level of resistance it wants to react to. From here it should make its way back down to support ( 2800s area) for long buys back to price high on the daily resistance level ( 4,000s price range )
$EURUSD LongFX:EURUSD just retested Swing Sniper long signal. This formed a double bottom. Long entry from here. Target previous 4h supply zone.
btc short, very tight invalidation. if fail = all time highsthis weekly gap should resist price. if not, then it goes for all time highs. considering stocks dropping and dxy looks like it might turbo reversal, i think makes sense to take a short even if it's just a retracement. since invalidation is so close, i think it's worth it
PEPSICO: Resitance at 177, support at 160Support at 160,
Resistance at 177
Good move above 177
Good bounce back from 160
no trade zone between 160 and a177
Disclaimer: only for education purposes, no buy or sell recommendation. we are not sebi registered. always discuss first with your financial advisors
Bullish Setup For XAUUSDXAUUSD on daily chart seems to be in a trading range.
On 4 hourly chart, a recent upthrust seem to have ended with a selling climax.
Interpreting the current price action with Wyckoff schematic,
there are last point of supply and last point of support and secondary tests.
A double bottom seems to have formed.
The possible buy setup could be near the recent 4 hour FVG, with TP1 near 2,370, TP2 near 2380 and TP3 near 2430
Marijuana Stocks Will Soar if Kamala Harris WinsWith Joe Biden likely to drop out of the election race, Kamala Harris seems to be the current favorite to replace him.
Kamala Harris on 15 Mar 2024 said "nobody should have to go to jail for smoking weed,". Showing her support for the marijuana industry. This marijuana ETF should see a breakout to new highs should Kamala Harris' chances of running for president increase.
From a technical analysis perspective, we also have a double bottom potential playing out.
Teradata (TDC) potential Buy setupReasons for bullish bias:
- Harmonic Bullish BAT pattern formation
- Price is at strong weekly support
- Double bottoms
- Safe entry at neckline breakout
- Bullish divergence
- Positive earnings
Here are the recommended trading levels:
Entry Level(Buy Stop): 35.38
Stop Loss Level: 30.89
Take Profit Level 1: 39.87
Take Profit Level 2: 47.53
Take Profit Level 3: Open
BTC $64.2k RESISTANCE SHOWDOWN IN 1 HOURnext resistance at $64.2k, series of bullish reversals suggest this will breakout but not for long, with a reversal charted at $65.5k soon after.
None of this is real, full moon tonight once trump steps onto stage wearing BTC cufflinks
Just for bits & niggles, here's this:
Rebound?
Entry: Look for a confirmed double bottom pattern with a breakout above the neckline. Ideally, this should be accompanied by increasing volume.
Target: The upper trend line of the ascending channel.
Stop-Loss: Below the 64,200 level and the lower trend line.
or Breakdown?
Entry: Wait for a clear break below 64,200 and the lower trend line, confirmed by high selling volume.
Target: Previous significant support levels, potentially around the 61,000 level as marked on your chart.
Stop-Loss: Just above the 64,200 level.
USDCHF: Multiple Rejections, Strong Bullish Leg ExpectedPrice has recently rejected support on multiple occasions, and a double bottom pattern appears to be emerging on the daily (D) timeframe. Additionally, multiple rejections on the 4-hour (4H) timeframe further strengthen our bullish bias. I expect the price to continue in a strong upward trajectory.
**Rationale:**
~ Breakout of Descending Channel (D)
~ Retest of Support (D)
~ Break of Uptrend line (D)
~ Double Bottom Pattern (D)
~ Retest of Support (4H)
~ Rejection Candlesticks (4H)
**Disclaimer:**
My trading ideas are market predictions and therefore should be viewed as such. As an intraday trader (scalper), I use my observations to identify potential trade opportunities on the higher time frames. I then aim to pinpoint key entry points on the lower time frames. Entries should always be verified by additional confirmations.
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#scalping
#intraday
AMD daily chart similarities to TSLANASDAQ:AMD breaking out in similar fashion to NASDAQ:TSLA after a bullish engulfing on the daily chart.
USDCHF: Your Trading Plan Explained 🇺🇸🇨🇭
USDCHF looks quite oversold after the yesterday's bearish rally.
The price is stuck on a key daily support at the moment.
My confirmation to buy the pair will be a bullish breakout
of a neckline of a double bottom formation on a 4H time frame.
A 4H candle close above 0.885 will confirm a violation.
A bullish continuation will be expected at least to 0.8874 then.
If the price sets a new lower low lower close on a 4H,
the trading setup will become invalid.
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GOLD (XAUUSD): Overbought Market & PullbackI believe there could be a decrease in the price of Gold in the near future.
The price recently reached an all-time high, breaking through a significant resistance level, and appears to be overbought based on the hourly chart.
Additionally, there have been two bearish signals on the hourly chart, including a break of a rising support trend line and a break of the neckline of a double top pattern.
I predict that the price may retrace to around the 2450 level.
AUDUSD: One More Buying Opportunity 🇦🇺🇺🇸
I see one more buying opportunity on AUDUSD.
This time the price formed a double bottom formation
after a test of an intraday support.
I think that the pair may bounce to 0.675 level.
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Don’t be afraid of the double shoulder top. Gold will rise again
When the buy order reached the target position of 2482 and closed, the market fell again.
The current price is around 2462, and I think the buy point is coming again.
If you are still losing money or don't know how to trade, then you should contact me and increase your account. Don't let procrastination and hesitation lose you money.
COMEX_MINI:MGC1! NYMEX:MCL1! BINANCE:BTCUSDT FX:GBPUSD TVC:DXY MCX:CRUDEOIL1! NYMEX:WTI1! COINBASE:BTCUSD COMEX_MINI:MGC1!
COMEX:GC1!
OANDA:XAUUSD MCX:GOLD1! TVC:GOLD
CADCHFWe can attempt to buy CADCHF from specified levels as it making double bottom (reversal pattern) , also break LH , also bullish divergence occur indicate that it moves upward.
SL , TP mention in chart.
Fib ratio and uptrend continuationLooking price the recent structure and using the Fibonacci retracement price could still be in uptrend after a retest of the double bottom from lasts months low, bullish candle and price confirmation patterns could suggest a continuation to the upside with a price trend near Fib zone of 0.618 (0.54229) which is a sweet spot for entries. Price could also reach resistance (0.56209) and confirm a clear and complete bearish Bat pattern
NASDAQ Expected move I'm expecting nasdaq to bounce back up on my +OB,+MB & FVG..Three confluences I'm definitely buying real hard there for days
USDCAD: Strong Bullish Pattern?! 🇺🇸🇨🇦
USDCAD formed a double bottom pattern after a test
of a key daily structure support.
As many times in the past, the price can easily initiate
a strong bullish movement from that.
I expect a growth at least to 1.3706
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AUDCAD: Strong Trend Following Pattern 🇦🇺🇨🇦
AUDCAD is trading in a strong bullish trend.
The price has just tested a strong rising trend line on a daily.
The market formed a double bottom pattern on an hourly time frame on that
and violated its neckline.
I think that the pair will keep growing.
Next resistance - 0.923
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Long XAUUSDIdea based on Classical chart patterns (Weekly Chart).
Abbreviations:
M/W/D/H = Month/Week/Day/Hour
TL: Trendline
HS: Head & Shoulders Top/Bottom
DT: Double Top
DB: Double Bottom
ATr: Ascending Triangle
DTr: Descending Triangle
STr: Symmetrical Triangle
FW: Falling Wedge
RW: Rising Wedge
BW: Broadening Wedge
Rct: Rectangle
Trade Rationals: 9W DT / 4W DB
Gold has been on the bull run from the end of last year, and still the longer term trend seems to be in favor for the upside. There was some consolidation that made it difficult to determine if it was another long, but the weekly chart shows a clear fail of the DT pattern. If you zoom into the Daily chart we can see a DB completion, indicating the short term bottoming out o the chart. And to add to that the bar breakout from the DB pattern is also with a wide bar breakout.
Strategy:
i would think of getting out if the bar touches 4W DB neck, but need to confirm the bars. the first add point is above the 4W DB target level, and the next level would be closing above the recent highs.
Risk reward calculated against capital using the first target is
Entry : 2393 or better
SL : 2348(-0.91%) / TP: 2626(+4.70%)
RR: Apprx. 5:1
(as always, not investment advise/recommendation or prediction)
TURBO = Bullish Breakout is Coming!
On Balance Volume shows that whales have been accumulating.
Price made a Double Bottom Reversal pattern.
Price is above 4H 200 Simple Moving Average.
Price looks to make a breakout above it's downtrend of resistance.
Fourth attemptPrice is going for another try to break out the triangle and is doing an inverse HS in the monthly timeframe. If it pulls back I'll buy more. Risk reward is good in this one.
