Potential Inverted Head & Shoulders Pattern needs a neckline break to confirm. Bitcoin Trading Club is created to share valuable trading ideas, charts and to support each other with our trades (Not Financial Advice).
Hi All, *** This is another continuation post (v2) from the previous one, as per my posting methodology where I like to link the trading story where its applicable *** Link supplied below: MY THOUGHTS: ==================================================== Keeping this one short as the previous post explained the observations and business case. Basically an...
TSLA caught on .5 fib retracement, and seems to be forming an inverse head and shoulder
1- Falling wedge ( Bullish pattern ). 2- Potential Inverted Head & Shoulders ( Bullish pattern ). IHS is valid after it forms a right shoulder and breaks the neckline After breakout stop-loss below Fibonacci retracement 0.236 level and TP's around 0.382, 0.5, and the Golden Pocket. Bitcoin Trading Club is created to share valuable trading ideas, charts and to...
Bullish: I'm seeing a potential Inverted Head and Shoulders pattern with a target between 12400-12550 (depends on where it breaks if it breaks) Bearish: There is also a descending broadening wedge which could playout with a target between 11300-11500 (depends on where it breaks if it breaks) You should definitely wait for a breakout before taking these...
$21 price target if it plays out. Please trade at your own risk. Good luck :)
Hello traders, Context XLMUSD has been consolidating gains for about two and a half weeks since the local high set on June 4th. Now, XLMUSD seems to be on the verge of breaking out of the downtrend that has constricted price action since the local high. An inverse head and shoulders pattern may also be forming on the daily chart that could help propel XLM to...
Hey guys , keep watching BTC ternd line. First Scenario :If the price breaks it on around 9000 usd and pulls back to continue its downward move we will go out of Flag zone toward the first Target in an Inverted Head & Shoulder pattern. Second one: If the price goes out of the Flag zone on top of the referred trend line, it will goes toward the first target price...
Inverter H/S with a hammer off support looking like we are going to test higher before the usual summer blues back to 7300 or so. Trade, Chart, Learn, Repeat @coachkcrypto
Gold is BULLISH. Details in the chart.
Yeah. I know it looks bearish. been bearish. peoples is bearish. However. got a couple lowTF TD9 Perfected setups on it. And a IHS potentially on Weekly if they do play out. And some divergence to go around. and some channel action not yet violated. Could be
Just a projection/possibility. This is not financial advice. Feel free to discuss in the comments I would love to hear your opinion!
An inverse head and shoulders points to $1.1050. For this to be a legitimate target, the buyers need to facilitate a break of the neckline at $1.0890.
In my opinion, this formation looks too good to be true, which usually means take the opposite trade. But I wouldn't do anything until a breakout either way is confirmed. A strong breakout from the 22500 level would also have the black trendline overcome, but if it does I would think the next likely stopping point would be closing the gap at 23,500, and then the...
Heavy volume at the left shoulder and head of pattern. With the all the volatility in the markets this pattern could play out for the gap fill/retest of ATH. Any consistent trading underneath the 270 level will invalidate this idea. Trade Safe!
These upcoming few months are vital to the bulls for BTC. We would like to see the completion of the Inverse Head and Shoulders back to the neckline after a dip ranging between ~$8,200 down to ~$7,800. A 4hr close above the neckline would continue to be bullish. Then we would expect some resistance at ~$10,946 pushing us back to retest the IHS neckline as...
Welcome fellow Tradingviewers, Bitcoin has made a huge correction since our last breakdown. We have had succes with longing from the 6800 area and shorting from the 10.4 area. Currently we are in no position and we are approaching our long awaited Buy zones. Since our first update of the huge Inverse head and shoulders which could be found on the weekly we have...