Currently looking at the Dollar index from 4h time frame, i see a head and shoulders pattern indicating a reversal. The level where the right shoulder is taking form is also the 50/618 Fibonacci zone of the currently reversing bullish trend, also indicating a reversal. Viewing even from a higher time frame (1W), you'll notice that the head/peak of the head and...
Interacting with the neckline breakout could happen at any time Good Luck.
FCPO price now enter daily base with left shoulder inverted HNS. At tf 60min , price make a little inverted HNS again, can try to buy around 3690. target full swing around 4200
I saw the reverse shoulder pattern and ascending butterfly pattern, it can break even that target as before and go higher if lucky 😉
Ladies and Gentlemen The gold seems to be flying I see the sell breakout was fake (who knows) but since H&S formed and new highs were created, there is no roof for new highs, meaning can fly creating more new highs. Be careful, since it is December, the market manipulates you. Follow my chart and good luck <3
87 was the pivot on the multiple TFs. Inverse H&S pattern emerging. Holding well into the previous high of 115. If daily tightens next week, watch for the short squeeze to 205 for the next move. No position in this name but own other crpyto names - MARA and RIOT
I'm expecting a trend-following short trade from the current daily resistance level. On the 1-hour chart, a cute head and shoulders pattern has formed, and its neckline has already broken below. Now, on the retesting phase, I plan to enter the trade. Entry 1.64455 Stop loss 1.6530 Targets 1.6327 & 1.6277
* 1D SOL broke through a long-term downward trend line that has continued since Nov 2021. I think it's going to go up right away if it's supported at $21.1, and if it's not supported, it's going to go down a little and then go down. * 4H If you look at it in more closely, It is important to support the blue downward trend line.
Head and Shoulder pattern in Polycab on hourly timeframe chart. A breakout is imminent as the overall tone of the market is bullish. A short term swing trade is on. Targets are: 1. depth of right shoulder, 2. depth of the head. Stop Loss: close below previous day low (for F&O), low of right shoulder for cash trades. PS: I am holding a long position.
Head and Shoulders pattern on NASDAQ:TSLA 4HR timeframe.
I was originally was tracking doge for a H&S pattern based on how bitcoin goes and if would force doge back into the downtrend and they I stumbled into this play because that and right now it's been looking strong and keeping in this uptrend channel. Currently sitting. at$0.084 with 8 cents (80%+ left to play out) KEEP BTC CHART OPENS AND WATCH FOR SWINGS AS...
EURNZD formed an inverted h&s pattern on a key horizontal support. I expect a pullback to 1.761 / 1.766 levels. ❤️Please, support my work with like, thank you!❤️
══════════════════════════════ 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...
After this sharp rise, the 1h chart once again showed a top divergence, with supports located at 2039, 2031, and 2023. The market is very close to the high of 2076, so long transactions should be cautious. My trading today will be mainly short positions. At the same time, some will be reserved for waiting around 2020. If your account has enough margin, you can...
══════════════════════════════ 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...
Last night on the Asian markets gold broke out above resistance in what was a very promising long term inverse head and shoulders pattern. But is it all a big fake out? The daily candle is currently a big shooting star with price being below the resistance line. It remains to be seen whether this pull back gets bought.
Coinbase has had a wild ride following the deleveraging of the entire crypto industry as well as the flight retail investors in 2022. The COIN IPO was essentially the current ATH for the crypto market. Over the past several months, price has ranged and consolidated in a potential inverted head and shoulders pattern. Hallmarks of the pattern include an extreme...