The Inverse Head and Shoulders pattern is a classic technical analysis pattern that signals a reversal in trend from bearish to bullish. It is the exact opposite of the Head and Shoulders pattern which indicates a bearish trend reversal. Here's a detailed description of the Inverse Head and Shoulders pattern with key indicators: 1. Formation : This pattern is...
ADA / USD (trading view) on daily chart. Cardano appears to be breaking the neckline of an inverse head and shoulders that dates back to October of 2022 (6 mo). Shoulders, head and neckline are all indicated on the chart. Resistance of the breakout will come at $.59 but could blow past it if the breakout goes parabolic on the daily chart. Good luck! NFA
Our dreams are going to be true ? It seems yes. we got the right shoulder, we crossover the neck, and raised close to the Shoulder target WITHOUT neck retest. If possible retest happens, we will see the price fall between 26.5K - 25.2K which is enough to confirm the IHS then we will see 31.8K and 35K step by step. Let's follow up it here
Feel like ADAUSDT.P is on the verge of Inverted Head and Shoulder with little slope. so possible targets are in same slope. Also Seer Nebula shows Long trend for ADA since 0.3761. Let's follow up where this trend become to an end.
most of my notes and thoughts are on the chart - 3 major moves to the down side, with what appears to be a iHnS potential taking shape --Need to see much more volume (buying) to confirm with better probability that this pattern pans out ---low volume with price increase would indicate weakness imho - IF, this were a legitimate inverse HnS and the pattern...
Hello and welcome to this analysis It is on the verge of an Inverse Head & Shoulder breakout above 150 for 170/180/195. From past data its been observed that an IHS which forms after a steep correction, in this case both in terms of price and time the reversals usually suggesting this could turn out to be a major trend reversal for the medium and long...
Hello and welcome to this analysis UKOIL formed a Bullish Harmonic Gartley near $83.50 in weekly time frame and reversed from there. In the last few weeks after its 1st round of reversal from the Gartley PRZ it has formed a Cup pattern (rounding bottom) in daily time frame indicating a breakout above $98.50 for $106. While CRUDE OIL at MCX has formed an Inverse...
"What Is the Inverse Head and Shoulders? An inverse head and shoulders, also called a "head and shoulders bottom", is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends. This pattern is identified when the price action of a security meets the following characteristics: the price...
the only way bitty can feel anything anymore is by messing with us...i would not be surprised if she does that here between the ihs arc neckline (2pi arc between recent tops, see previous chart) and the ihs LINE neckline...a retest if you will (convinced the space between square/line and circle/arc has some meaning on these charts (which are just maps of emotion,...
lotta bear confluence here...which is my local bias. i do think recent low was a longer-term bottom we will range at for a lil while but nfa... resistance is 2pi arc of the smaller circle you see (radius = between those two tops) bearshark zone as well (included some bull harmonic possibilities) ihs neckline ihs and hs "fakeouts" are actually just PA...
Hey everyone I want to make this short and sweet because I want you to see this but I do not have time today to put out the companion video with it, but I will either tonight or tomorrow. I wanted you to see how this pattern is almost the same inverse head and shoulders print as before, however the last time, the pattern failed and fell into a choppy...
23.04.2022 - 07:46 As long there is now LL, i think we see iHS. When we see a LL, i think RED down line is next target. When you want to long, this area is a good Option, but with SL or small Position to rebuy later low
"An inverse head and shoulders pattern is comprised of three component parts: After long bearish trends, the price falls to a trough and subsequently rises to form a peak. The price falls again to form a second trough substantially below the initial low and rises yet again." Investopedia
Gonna post this one once again right here.. inverse H/S setting up .. gonna create lots of TSLA fanboys to come out of no where lol and hope for 1200 test. Close under 696 on the week and this may not play out.
Looks like $AAVE is trying to put together an inverted head x shoulders which seems in confluence with the OBV.
Chart is self explanatory. Don't invest and trade blindly.
An average Q3 report for Photocure today giving some selling action, painting up the framework for a nice inverted head & shoulders formation within the long uptrend of the stock.
As long no LL, we will see price goes up, sl on Head just a fast idea, so very close SL