Looks like BTC broke down from the channel. Looks like head and shoulder bearish pattern. It is goes back up and stays above the line, it has good chances of strong recovery. Looks like confirmation is needed here, may be backup to 57k to 59k and then come back down to 52k. FOMC today will swing stocks very aggresively. Happy trading
This is a step away from my norm and I may be a little early. Very large Head and shoulder pattern, target seems a long way off and will try to trade a 3rd of the stock on monthly candles to the target. Wish me luck..
Looking for the 8H H&S to complete with price dropping at least to the daily 50% FIB level. This is also the 8H high from 4/5/24. This area is: -the Monthly bullish .382 FIB level -the Previous month high -the Weekly level of 4/7/24 -the 8H 4/5/24 High Price will either: -break and retest at this area to continue bearish -price can reverse in this area to...
TASI has been in uptrend since October 2023 Regional situations also not in favor of good upside potential Head & Shoulder formation is clear with breakdown and retest of neckline 12,000 levels are good support level (H&S Formation target) Trade with tight stop loss based on individual stocks setup. Monthly and Weekly still in uptrend (HH, HL...
Price is taking correction Inverted Head and Shoulder Pattern formation in process Take entry after Breakout of Neckline Morning Star formation at support line Entry after breakout and retest Trade with proper SL
🏃 AUDUSD is moving near the 🔴 Resistance zone($0.598-$0.593) 🔴 and managed to break the Support lines . 📈From the point of view of Classical Technical Analysis , it seems that AUDUSD has succeeded in forming a Head and Shoulders Pattern . 🔔I expect AUDUSD to fall at least to the 🎯 Target 🎯 I have specified on the chart. New Zealand Dollar/U.S.Dollar...
PYPL has had a great past two weeks putting in 7-9% gain. In the past week however, that momentum has stalled. PYPL has printed a head and shoulders pattern. The predictive algo of Lux algo suggests a reversal here. PYPL has been resisted on the higher price action by the second upper anchored VWAP band. The H & S pattern neckline is about 63. The...
perfect techincal figure, with high volume on SX and lower on head , drastic low volume on right shoulder, a solid neckline, Open interest shows that the funds are shorting SMCI, perfect timing to join the train a price target of 500$ is nice.
As we can see stock forms some kind of inverted H&D pattern and bullish crossover. the last time I've seen this stock traded at 113 was on 29th Oct. We can plan to enter at 116 or 114 for 3 to 5%. when it breaks its H&D formation it can go further easily 🤞. make sure Rsi STRENGHT and bullish candle formation on 15min chart when you enter. educational purpose only!
EURNZD formed a head & shoulders pattern on a daily time frame. The price successfully broke and closed below its neckline. We see its deep retest at the moment. I believe that the pair should start falling soon. Goal - 1.789 ❤️Please, support my work with like, thank you!❤️
Price has finished a wyckoff distribution and we are waiting for another leg south. Price is also forming a Head and Shoulder if you look at it. I am expecting price to pullback to 1.26 ish before we reach higher highs.
HS confirmed. SL triggers if a weekly candle CLOSES above the resistance at 122. It should go very quick. Good luck.
Stock has made an inverted H&S Pattern on Weekly TF which indicates the bullishness in the stock. Key resistance levels are still not taken out which requires a closing above 615 level. Stock may touch its ATH after sustaining above 615 levels. DISC: Only for educational purposes.
Here are the updates & outlook for multiple instruments in my watch list. 1️⃣ #GBPUSD daily time frame 🇬🇧🇺🇸 The market is trading in a bearish trend on a daily. After the price updated the low, we see quite an extended correctional movement. The pair is currently approaching a key horizontal resistance. The next bearish wave may initiate from the...
══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the...
As with other gaming and metaverse cryptos, it appears Axie Infinity is waking up from its slumber as well. No guarantee yet that it wont take another temporary dip below the neckline before fully validating the breakout but it seems pretty likely that validation is near. It appears all the metaverse and gaming cryptos want to take the reigns of the market over...
══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the...
══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the...