Head and Shoulders Pattern Tutorial - Head & Shoulders chart pattern is a price reversal pattern that helps traders identify when a reversal may be underway; this reversal signals the end of an uptrend. The formation of a H&S pattern resembles a baseline or neckline with three peaks where the middle peak is the highest between the two right and left peaks. Head...
Each swing on this monthly look at Goldman Sachs is important and has a mathematical relationship in price. When time, price, and pattern come together markets can change trend or reverse. NYSE:GS
Classic H&S pattern. Right shoulder is composed of a flat structure that should break down
Just a retrospective view on what has happened on this stock, we wait to see the end of it, I like the way the heights were reached a clear double top, and the continuation patterns along the way down. one of these days the turn shall come. I am keeping my eyes open here and my options too.
The trend still remains bearish at the moment. but if the pair manages to reach neckline, we will see a reversal pattern and potential formation of Head and Shoulders pattern. If you think our analyzes are useful, support us with a simple "Like", thank you and trade with care! Cheers.
NZDUSD Parallel Channel (Equidistant Channel) (Flag)
USDNOK daily chart- posibilty of head and shoulders pattern and road map.
NZDUSD H4 timeframe- potential head and shoulders pattern.
GBPNOK H4 chart potential head and shoulders pattern.
Now before I share this idea, let me tell you THIS IS FOR STUDY PURPOSES. This is what we do as traders STUDY. This idea is a tutorialL for now because I want you to read the contents and understand my profile. Let me preface before I begin a few points: 1. My trade ideas are for STUDY and EDUCATIONAL PURPOSES. 2. My goal in sharing with YOU is NOT to be...
Following patterns are found for data of 2015 to 2019 (5 years data) on weekly candle chart. Channel pattern Flag Patterns Currently running Head and Shoulders pattern Remarkable zone 1, 2 and 3 Head & Shoulders pattern is still uncompleted with right shoulder. The neckline target is 10063 At the remarkable zone, its has highly ...
With this formation, we would enter a long position at the retest of the neckline after it has been broken. Our Stop Loss is going to be below the right shoulder at calculate percentage or 1.8 times ATR. Our target is calculated by measuring the distance of the lower close of the head to the neckline. 80% of that distance between the head and the neckline is...
"What seems good is not necessarily good" Maybe this statement is the right quote to represent current condition of the market in cryptocurrency universe, especially in altcoins! A lot of arguments about the next altcoins season has occured lately. not just because the height of the bitcoin dominance, but also most of the altcoins has reached an extremely bottom...
Am aware iv put a lot of information on the chart thats why i placed it as educational. You may as well post your view. Now iv been holding this pair for quite some time now, to the previously posted setup. Placing an eagles eye on it and these are the possibilities that i foresaw. The pair is currently retracing and if it holds down there it would bring out an...
Short EURINR with stop loss of 79.40 for the target of 77.00.
Please note, this idea is for educational and demonstration purposes and does not constitute a trade idea or a signal. The entire idea is much too far out to predict. As such, this is a study. Trade at your own risk. To demonstrate please note the following: 1. This pair has seen an extended bull run. Given this we can expect the market to adjust itself by way...