AUDNZD forms an inverse head and shoulder plus a bullish divergence, this suggests that the chances are the trend may reverse and form new higher highs and higher lows. Take buy-stop entry which is safer than the instant buy. We still need confirmation that the neckline of the inverse head and shoulder is broken. Buy Stop: 1.06134 Stop Loss: 1.05865 Take Profit: 1.06406
SPY has had a great run but is due for a pull back. Looks like the 1HR has a head and shoulders pattern formation.
Pepe making clean inverse head and shoulder pattern if get a break on daily ride it as no major resistance upward it will blast
Looks like the head & shoulders formation was completely solved. Up up we go.
#C98 has a lovely chart don't you agree. Thumbs up if you see that lovely inv H&S! Linear and Log targets provided #Altseason baby! Make the most of it!
In the weekly chart of Square, a significant pattern known as the Reverse Head & Shoulders has emerged, signaling a potential bullish reversal in the stock's price trajectory. This pattern typically consists of three troughs, with the middle trough (the head) being lower than the surrounding peaks (the shoulders). In the context of Square's chart, this pattern...
BOIL in the past month fell from a head and shoulders pattern on the 15 minute time frame into a trend down which leveled out into a double bottom. Supply is in a draw down right now as might be expected when gas production is diminished in the middle of winter while demand is rising. The Economics 101 expectation is rising prices on the futures market. The...
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watch list and see if the rules of your strategy are satisfied. Dear Traders, If you like this idea, do not forget to...
As we can see that breakout of resistance is looking weak and lacks momentum also head and shoulder pattern has been formed after the breakout so potentially it can turn out to be a fake breakout and if it breaks below the marked resistance and also react at the resistance zone and after some sort of bearish confirmation we can look for shorting opportunities. ...
LPLA just fired a daily squeeze (and is compressed in a squeeze on the weekly & monthly timeframes). Additionally, it's coming out of a head & shoulders pattern off the major bullish trendline. Key Fibonacci levels roughly align with the prior high at the 1.618 extension ($270-275) and the head & shoulders upside projection is at the 2.618 extension ($313-316)
Based on the formation of a head and shoulders pattern, it seems probable that Gala will experience a decline in value. As a result, I intend to initiate a short position on this asset, as it appears increasingly likely that a downward movement will occur in the near future.
LINKUSD seems to have tested the neckline of its Complex H&S. This break also came out of a rectangle pattern. Setting my stop at 16 and target would be 32. Entry at 18.04. In a nutshell, ChainLink is essential for data movement between blockchains. It's functionality in the business world cannot be underestimated. I would not claim to be an expert on this...
In this post, we'll focus on the head and shoulders pattern formed on the price movement of $BINANCE:SUIUSDT. By the time of this writing, the price is currently hitting the neckline of the pattern. I'll also provide my charting for the coin as well as target areas in my full technical analysis on this idea thread below. Stay tuned and happy trading!
The 1-hour time frame is indicating weakness, with the formation of a head and shoulders pattern. This pattern is typically considered a bearish sign according to textbook analysis. Therefore, I have decided to take a short position.
Fetch AI validating its inverse head and shoulder breakout patterns here and well on the way to both targets $1.12 for the lower neckline and $1.234 for the higher neckline. Shown here on the weekly timeframe. *not financial advice*
META Weekly Analysis! Inverted Head and Shoulders Pattern Formation in META! Trend Reversal in META! META was in a clear downtrend. After it has made a Inverted Head and Shoulders pattern on a weekly timeframe. It has given a breakout to it's neckline and retested it so it can be act like a next support level which i've extended. Inverted Head and Shoulders...
Fairly big candle that closed above the neckline too and the bigger the candle the higher the probability that it can flip that neckline to support. However we all know how often price action will fallback below an invh&s neckline before the real breakout occurs, so for now there is no confirmation or validation that flare has broken up from this pattern just yet....