Head and Shoulder breakout over another resistance level in NMDC. A high dividend-paying stock turns lucrative in momentum at the current point. Stand to gain 18% + excluding dividends Buy - 163 Stop Loss - 148 Target - 193
CADJPY in a bullish trend, therefore looking for buying opportunities. I see a inverted H and S pattern that i like, but see the engulfing candlestick patten that could potentially have the market dip a little lower than inverted entry. Theres 2 entries; the inverted or a 15 pip difference at the W and engulfing pattern. Im taking the buy trade off of the W for a...
The crypto giant Ethereum has started a downtrend since November 2021 and after completing wave 5 of Elliott. An AB-CD target has been hit accurately on June 19, 22 which could be a reversal point target areas near 2378. The speculations here have an unusual habit that need to be taken into consideration. After the completion of any patterns, there is another...
PEPE has beentrading relatively bearish since it topped early in December. With BTC moving down, it's getting more likely that PEPE will see some kind of sell-off in the near future. I'm looking at this inverse head & shoulders to play out over the next weeks. Ideally, we get some kind of bounce going around the 85 area. Patience is key on this trade. If PEPE...
Rounding top or HS? Not confirmed yet, but doesn't look pretty for the DOW. If it breaks down that trendline we will see a mayor correction. Maybe I'll buy some puts but first I want to see more bearish action. Right now is consolidating and we will see a lot of volatility these days.
📊 Overview: TIAUSDT, following a brief consolidation post-bullish trend, shows potential for a bearish reversal. Bearish divergence on 1-hour and 4-hour timeframes, along with a forming head & shoulders pattern on the 1-hour chart, raises caution of a downward move. 📈 Technical Analysis: Bearish signals include divergence on multiple timeframes and a developing...
Soybean futures are off to a rough start in 2024. In the first week of trading, March soybeans were down nearly 42 cents on the back of beneficial rains sweeping Central Brazil. Selling pressure permeated into Monday’s session as well, with soybeans trading down into the mid 1230’s. So, the question now becomes, will March soybeans make new contract lows? ...
If we break this current demand zone, and enter the break down of the Head & Shoulders, I wouldn't be surprised to see this break back into the 30s before entering the next demand zone. Also, with EV coming in strong and less demand for oil, and more and more nuclear plants on the rise, prices should start to slide drastically. This may be the last hurrah for...
SMH has formed an Inverse Head and Shoulders Pattern. Looking for a bounce to 169-170 if it can close above the neck line. Trading this with SOXL if pattern confirms.
Price is testing the broken support area now resistance. Aussie is getting stronger across the board, I expect another test to the 1.86 support zone. We can also notice a HS confirmed so the pair could fall even more to 1.82 zone.
ARB made a head and shoulder pattern and after breaking the pattern it is heading for a retest. If the test is successful then there is a high possibility for a bearish movement in Arbitrum
OANDA:USDCHF USDCHF (H4) could appear head and shoulders pattern? Note: These are not trading signals!
Upon analyzing the Ethereum Name Service (ENS) vs USDT, we've discovered an amazing Head and Shoulders Pattern in the Macro Overview that would take us arround 14$ , and can be extended towards 16$ . These targets do also match the Fibbonaci 1.618 retracement from the highs on July to the lows of October. This pattern is breaking at the moment and Backtesting...
Exposing the Elliot Wave count and Head and Shoulders Pattern in MATIC/USDT chart. We can clearly see a resistance level recently broken and bactested. These are strengh signs and should push MATIC towards the 1.50-1.70 area level quite fast in the upcoming weeks. Projection: Between January up to early mid February to reach the target. Long Position open at...
It looks like the price made a HS at the resistance. Tomorrow I will buy puts at the open, if it tests the trend line I will buy more. Expiration on 12/29, strike 194.
#ETH's Inverse Head & Shoulders Stairstep Fractal, rhyming with history, almost identically across many metrics and in the same phase as the last cycle...