This is still early, but if we break resistence at 8600, this results in a double top which is a bearish reversal pattern.
This rally seems way to fast. Is this going to burst? We had such event already. What do you think, is it comparable?
Look at the green lines on the chart. We see a rising wedge and decreasing volume on the daily. This suggests a reversal especially in a bear market. More on this pattern: The Rising Wedge Breakdown What are your thoughts?
A Bearish Engulfing Pattern might tell us that the down trend continues.
I will keep my eyes on this iH&S pattern. IF this plays out, I will looking for buys at 7800 to 7400.
Doji morning star is building up on 4 hour chart. Lets wait for this candle to finish and confirm that signal.
We may reach the bottom of this downward move @7500
Descending channel and strong resistance at 10k. Which way will it go?
We have a falling wedge on 4H and low RSI. Might be a buy opportunity to the top of the descending triangle.
Seems like we are moving in several descending triangle.
C&H forming on all major assets. Cup and Handle can be used as an entry pattern for the continuation of an established bullish trend.
We can see a Morning Doji Star Pattern on the 4H chart, which is normally a bullish reversal pattern. Let's see how the current candle will close.
If we break out above the handle, we have a buy signal.
We have a Morning Star Pattern on 2H