Alibaba move into a very long downtrend Very probably it will reverse soon At the end of the channel an inverted Head & shoulder is forming right now Check neckline breakout at 78$ and most importantly a close above purple trendline as a final confirmation of the new uptrend
Gold have been forming either a Triangle and or IHS pattern on charts. Gold in worse case scenario can make low between 1890-1928 range and this will be great buying opportunity for long term. If Gold manger to form any one of the pattern above the ultimate target will be USD2311.
As we can see on hourly timeframe that head and shoulders pattern has been formed on XAUUSD. so we can plan long positions accordingly.
According to the analysis i did on nadaq100 i foresee a bull run coming during CPI. Price has been trading within the bearish channel and found strong support level 18 000 mark and within the barish channel we found a inverse head and shoulders, currently am waiting to see price breaking out the channel and testing it then push o the upside.
I strongly believe that Mr USDCHF is getting ready to go down the rabbit hole of downtown. Monthly = Bearish Weekly = Bearish Daily = Bearish Currently swimming in the daily bearish OrderBLOCK I can see a head and shoulder pattern too Do I need say more?
A break and close of price below neckline on the 4hr time frame would indicate a selling opportunity for this pair
Stock has H&Sh weekly (even monthly) pattern. For now DDOG confirmed Support lvl as a flip. (118) I want to see that base (118-139) being formed. After that it might give a perfect opportunity.
Last week, the EURUSD hit a significant level of support and formed an inverted head and shoulders pattern, which led to a bounce and a break of the neckline. This indicates strong buying pressure and suggests that the market may continue to rise after retesting the broken structure.
Inverse head & shoulders 1st cycle coin Log targets should be met Note the neckline has been approximated because of the price action but I think it is good enough for what we need from this chart.
CADJPY formed a huge inverted head and shoulders pattern after a test of a key horizontal daily structure support. Because the pair is trading in a long-term bullish trend, chances will be high to see a bullish movement to higher structure levels. Goal for buyers: 112.14 ❤️Please, support my work with like, thank you!❤️
Many analysts have spotted the cup and handle pattern made by Gold ( OANDA:XAUUSD ). However, the handle pattern looks as if it's morphed into an inverse head and shoulders pattern. If correct then bulls will have to wait well over a year for a breakout. Let's see.
On the GBPUSD chart, an inverted head and shoulders pattern has emerged within the 4-hour timeframe. The critical range for the neckline is between 1.2684 and 1.2660. A break and close above this range could be a strong signal to initiate a buy position, either immediately or upon a pullback to the neckline. Anticipation is set for a bullish trajectory aiming for...
🏃♂️ DXY index is moving near 🔴 Heavy Resistance zone($105.88-$104.65) 🔴. 📈In terms of Classical Technical Analysis , the DXY index has succeeded in forming an Ascending Broadening Wedge Pattern and is currently completing the right shoulder of the Head and Shoulders Pattern . 💡Also, the Regular Divergence (RD-) between the right and left shoulders ...
Glenmark Pharma has completed a long-term inverted Head & shoulders pattern. It is now looking bullish with an upside move of INR 500 from current levels. Almost 2x. At present it is at the 0.5 resistance level of the Fibonacci chart
Hindustan Zinc has completed the long-term Head & Shoulders Pattern recently and is looking bullish with an upside of INR 150 from current levels in the near term of 12-18 months horizon.
Price rejected from the bottom of the Daily range with a lot of bullish momentum. As we scale down to the 4H, we can see price forming an inv H&S. A break/retest of the neckline and trendline would produce a very favorable long opportunity to the next swing high.
Something a bit different from the 5th wave pivot. This B wave pivot from the bottom range of a rising wedge may result in the formation of the top right shoulder of a head and shoulder pattern. Worth watching for two reasons. The b wave up and the c wave correction. Raising wedge. Bearish ABC elliot wave. Bearish Head & Shoulder. Bearish B wave target 129 C...
Reverse head and shoulder pattern in ICICI prudential, go long in ICICIpruli