Inverse Head and Shoulders

tdurai84

Hi, EUR.USD forming Inverse Head and Shoulder pattern on 4 hours chart. This is the buying opportunity upto FOMC rate statement or my target around 1.0846

tom_mok Mod Updated 

break the trendline, potential to create inverse head and shoulders.

TradeItSimple

FX:AUDNZD The rate has broken the 6-year-long falling trendline resistance and is now climbing higher to test the inverse head and shoulders neckline around 1.1300. I am looking for an upside break and retest to enter new long positions to potentially target the former major support/new resistance area around 1.2100. A strong rejection lower from the neckline...

sandeepboc Updated 

is this Inverse Head & Shoulder pattern ? adding to my watchlist

ManipulatedAnalyst Updated 

Buy Gold, inverted Head and shoulder formation in gold... target 1280 for feb month. Using Pitchfork Tool, Elliott Waves, Inverted head and Shoulder.

Technician

Simply, silver completed an inverse head and shoulders If you are willing to speculate on the pattern, you can wait for a minor pullback before entering. First target at the main falling trend line as shown on chart. Second target at 19.00 resistance level. Good luck Luay - Technician

Casey_Yeo

Broke out strongly from the inverse H&S, but facing a potential resistance of the down trend line. Will wait for further consolidating and coiling between the trendline and the broken H&S neckline. Then trade the break of the trendline. If market continues to break higher from here, wait to trade on continuation setups.

BambooGrowth

Inverse head and shoulders and falling wedge

TheAnonymousBanker Updated 

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MohamedMagdy

WAIT FOR A BULLISH BREAK OUT OF THE CURRENT CONSOLIDATION

MixMatchTrader Updated 

Hi Traders, just found some interesting trade setup. Head and Shoulder pattern Divergent in stoch Less Volume in the last few candles more than a reason to buy this pair, But I will only buy during the Breakout. No breakout to the upside i will not enter this trade. Good Luck and Trade Wisely

BobVanders Updated 

I'm bullish silver for a number of fundamental reasons, but if this pattern confirms, it's the technical icing on the cake and gives an initial upside target of around $18.5, which coincides nicely with a pre existing zone of horizontal support and resistance. We also broke out of the long downtrend, we retested that steep line as support from the other side, and...

MixMatchTrader

Short term sell for the breakout in this Oil. divergent already formed in stoch If the short fromed Head and Shoulder. Will closed the short trade and perform long position.

MixMatchTrader

Thanks To my friend on another forum that shows me this chart. Volume shows no more interest in sell, Elliot wave shows 5 waves, pattern shows head and shoulder. I will go Long for this one. This trade will takes couple of months, if this trade did not suit your style. don't trade it.

stama13

Long AUDUSD @ 0.8080 Take profit: 0.8140 Stop Loss: 0.8040

djflowmaster

Looks possibly bullish here as this could be an Inverse HnS pttn. going on right now & if it b/o of around the 189.50 levels then an extension of the move would bring it to tgt.#1=196-197 zone......as always watch volume for confirmation