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...
MODG is one to watch as it heads back to resistance at ~$14. Should it clear that level, there is room to run to ~$16. Looks to be forming inverse Head and Shoulders. Nice divergence on the MACD over the last couple of months. Today pushed through the 50 day without much issue.
Wipro gave a clean breakout...HEAD AND SHOULDERS Pattern...Tgt calculated on breakout which is happening as I type...and posted on the chart...So buy and enjoy the profits by New year....
Hello All, On special demand posting this chart I am glad you have liked my post and I am sure everyone who have traded on these post would have made profits. 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. Gautam Khanna Technical...
* 1D Coinbase(COIN) has a inverse head and shoulders pattern. Coinbase's stock price leads Bitcoin, so it can predict the future of Bitcoin. In the mid- to long-term, the pattern target price can be set at $112 / $150-156 / $207-224.
ARKK Innovation Fund is looking to test neckline. Break should set it free for 71 where we have some resistance. Yields are going lower and momentum is returning with growth stocks.
The Dollar index has taken a tumble today. Instead of breaking above the neck line of the inverted head and shoulders pattern, the DXY rejected hard off of it, sending the value of the dollar vs other currencies down, in a big way. FOREX pairs are going nuts today, so if you are trading EUR/USD, AUS/USD, or other currency pairs, good for you! The stock market...
Taking a look at the overall momentum shift and the extreme extension of the up trend is giving indication price is wanting to retrace. Expecting a head and shoulders to form based on the sub levels marked in grey, and resistance to fall below the trend line, but ultimately sellers could look to pile on to make the final push. 0.02 lot at 109412 sell is started,...
Pair is accumulating over and important support (blue line) and forming an inverse HS. I just opened a long position, If it pulls back I'll add. I wants to break out, is just a matter of time.
Market Structure is Bearish on Higher Time Frames Weekly Strong Bearish Harami Weekly Rejection at AOI Daily Engulfing candle Rejection at Daily AOI Weekly and Daily AOI in the same Previous Daily Structure Point Looking to scale in my position if the market gives an entry, We could see a potential strong Bearish move to 1.68500 Retest H4 trendline Retest H4...
A pattern Head and shoulder just popped at the current top of GBPUSD also a bearish divergence also showed up on RSI. Indicating a bearish move on this instrument. What do you think? My Postilions Sell Stop : 1.2617 Stop Loss : 1.2647 TP1 : 1.2586 TP2 : 1.2557
Usoil Formed Head & Shoulder selling formation. Sellers can enter for Long term Selling side. Safe Traders can exit in Target 1 and can renter at retesting zone.
Hello All, I am glad you have liked my post and I am sure everyone who have traded on these post would have made profits. 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. Gautam Khanna Technical Analyst by Passion :-)
The current price action has been tracking the structure from the dotcom crash. Both has a head and shoulders peak before the sell off.
Shiller PE ratio is finding resistance within its Guppy Moving Averages. Facing the possibility of being rejected by the resistance and creating a H&S pattern. Formally breaking its neck line would be a sign of a big correction within market capital of companies and the underlying earnings of businesses.
First Head & Shoulders resulted in massive dump literally to 0. The one that's forming now is about to resolve, and dump is expected to be pretty big, although it won't go to 0 this time.