Natural gas is in strong buying zone, one can consider buying Feb/march future and hold it for long time .... Wait for the confirmation to break the channel ... and then enter as per your risk. Gautam Khanna Technical Analyst by Passion
Hello All, Are we ready for longest bull run ... 70% return expected in Shiba INU If you like my Idea, Don't forget to Boost and comment on my Analysis.. The recommendations are purely for educational purpose only, consult you financial advisor before trading. Next post if I get 50 boost !!! Gautam Khanna Technical Analyst by Passion :-)
Idea: I think price goes up more. Opinion: I think we're hanging out in the right armpit of a Loonie Head & Shoulders formation. It's easier to see on a weekly chart. Also, we have a daily support zone marked at 1.3381. The Situation: Executed a long position over 2 hours ago at 1.3385 with stops at 1.3375, which were immediately challenged by price...
just saw this massive multi year head and shoulder pattern that usually means bearish. I post this more or less as a reminder or warning of a potential. hope this does not play out
My thoughts on how gold will react this week in the market
I am expecting a trend-following short trade from the current daily resistance. If we look at the 1-hour chart, a head and shoulders pattern has formed, and its neckline has broken below. Now, on the retest, we will take the trade. Entry 2031.00 Stop loss 2052 00 Targets 1996.15 & 1974.74
When a pattern like head and shoulder fails it goes the other way AKA classic charting overall market sentiment is also bullish this can go very high easily DYOR!
As we can see, SAMO is following its fibonacci lines to a T We've seen 3 legs up followed by brief consolidation periods. We're in another consolidation period that is trading like a reverse head and shoulders and it appears primed to break out. The fib lines from the prior leg up imply that the next leg up could be an earth-shattering 260%+. Prepare your...
Looks like inverse head & shoulders pattern where gold if breaks the neckline at 2040s then it may go up until 2070s.
Possible buys coming, price currently displaying price action LH LL which may give us a reversal once the 3rd push LL reaches previous support level. We will see.
QNTUSDT.P is showing Bearish Divergence, followed by a Head & Shoulder pattern, which strengthens the indication of a potential trend reversal from bullish to bearish.
- Inverted H&S - Break and throwback to trendline - Above 50 and 200 day EMAs
GBPNZD formed a head and shoulders pattern after a test of a key daily resistance. The neckline of the pattern is broken, and we see its retest at the moment. I expect a bearish movement to 2.0420 / 2.0315 ❤️Please, support my work with like, thank you!❤️
GBPNZD has formed inverse head and shoulders pattern. There is also a bullish divergence on 1h timeframe.
Asian paint inverse head & shoulder weekly breakout For swing target of 3575 and 3957.
Reliance Industries Mota Bhai inverse head and shoulders pattern seen in weekly timeframe for swing target of 2541 and 2648.
-> Ashok Leyland is making an inverse head and shoulder pattern at 1D at demand zone which also confluences with trendline support -> Conservative entry only after this pattern is broken at 1D timeframe -> For aggressive entry, there is another inverse head and shoulder pattern at 1H, we can go long after that is broken -> It is a classic case of a pattern...
Hi Traders! USDCAD has formed a head-and-shoulders pattern and is approaching the neckline. Here are the details: There is a current lack of buyers in the market, and the market is trending down with swings of lower highs and lower lows. Our plan is to sell rallies looking for a break below the neckline and target the 3-month low at the 1.33802...