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The top of the right shoulder just formed on the SPY for a small Head and Shoulders pattern. Support appears to be at 3720 for where the right shoulder will be completed. Support on the SPY is also at 3550 where it will hopefully bounce off of and reverse.
The top of the right shoulder just formed on the SPY for a small Head and Shoulders pattern. Support appears to be at 371 for where the right shoulder will be completed. Support on the SPY is also at 355 where it will hopefully bounce off of and reverse.
Manapuram is forming a inverted Head and shoulder pattern with the support of 20 Ema and a break out to the symetrical triangle. look good for a long trade. However, if you are a safe trader wait for the breakout to the green trend line.
Hello everyone, This idea is made for easier tracking of possible upcoming major altcoin season. Some of the altcoins are allready witnessing 50-300% pumps past weeks/months after a 2-3 years of decidline downtrend This could change in 2021 ! In my opinion Others.D Monthly is painting a huge inverted HEAD & SHOULDERS pattern Mooving average 200 dominance...
This is Link hourly chart, looks like a head and shoulder pattern is forming now. H&S is always a bearish sign, a break and close below the neckline could send us down to $9 area in next 2 days... Trade carefully! Take care guys! Always set stop loss!
A head and shoulders pattern is a technical indicator with a chart pattern described by three peaks, the outside two are close in height and the middle is highest. A head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal. 💠Keep Contemplating Crypto! 💠Check Out The Crypto Collective For More Signals & Copy...
Hello everyone, nothing serious here. Not even a "real" technical analysis but a bunch of speculation, because TA doesn´t work anyways :D I think that Bitcoin is currently forming a Head & Shoulders pattern on 4h and we can see a further correction. Very offten a bull trap happens after such formation before the real sell off starts so this chart is just for...
We can clearly see that there's head and shoulder chart pattern formation in daily time frame. Do your own analysis before taking any further action. This is for and only educational purpose.
There is a nice Head and Shoulders Pattern setting up here on NZDCAD. There would be a nice location for stops right above the left shoulder and on the right shoulder retest we have a Double Top setting up as well with Bearish Divergence. If you want to wait for a confirmation you can wait for the neckline to break and then get involved on a retest and pullback....
Watch out for failed and false BO patterns by SIIS. Stronger Head and Shoulders pattern, bearish reversal.
Got my another kicker for the Head & Shoulder pattern. Already have a running trade on this since 2 day but now with his double confirmation had to take one more shot as it came under my rule book of level kicker entries R-R Ratio 1:2.5
With Major Trend downwards D1 is expected to complete the lovely Price Action Formation in this week. So mark out your zones and wait for the Bazooka Entry on H4
Head and Shoulders pattern created in DIA chart on September 17th. Downward baseline/trendline formed between the 17th and the 30th of July. Idea is that the market drop from the Head and Shoulders pattern must break down through this trend line (minimum drop level) before a bottom forms from this play. Short Call.
There will be a possible reverse head and shoulder coming.
On the down trend, there is a nice bullish head and shoulder forming with a possible long entry up to the resistance @ 1D. We see the left shoulder and the head that formed nicely and the right should formation looks like it is supporting at the left should for a possible long entry. I already entered the trade per my strategy which led me to enter a little...
On the day chart we find a possible upcoming head and shoulder pattern, let us see and wait if we make support/resistance and then down.