NQ1! continues a low volume consolidation with resistance at the 5 min MBB. Coinbase found support below the active channel .35, and defined resistance with a double-top at the .649. Scouting a reversal pattern, and a confirmation via back-test in the event we have set a 4 hour Lower High. All eyes turn to Friday's CPI with estimates ranging from 6.6 -6.9%
Price will most likely recover at the 100MA As it moved up at the 100MA previous, as shown in green Buy the dip scenario
The upper bound of the Descending Broadening Wedge provide a potential neckline for an iH&S formation. BTC has resistance at the 8h MBB/8EMA combo.
A different look at $btc long term. (Inverse charting.) Again, for my own personal logs.
$ES_F hourly chart showing a possible inverse head and shoulders. That being said, it might have a tough time breaking out as the resistance is the previous highs, lets see what happens
After the period of Daily Consolidation, BTC went vertical to the upside. The Inverse Head and Shoulders is purportedly, according to online source that claim to track pattern stats, the most reliable post break. It is my all-time favorite due to the parabolic nature, perhaps the combo of buying and covering that occur, fueled by the confidence in the bulls of...
I'm looking to get into SAND December calls. ~Gold Is looking really good and going off of past history, end of November is a big run for gold and silver. ~SAND has a nice looking inverse Head and shoulders going on. ~SAND also bounced off of the long term support 8 Bucks is my PT, as that will have the most resistance. I will also be watching if it breaks out...
This model uses an ascending trend-line per the classic composition of this three troughs pattern.
TRIAS had a good run and inevitably pending a much needed correction before reaching ATH. Charting The cup is completed and might form a handle before a correction back down to the next strong support. Using the depth of the cup, we can see that the price might drop to between 14.79 to 14.97.
Possible inverse head in shoulders into a double top on $ES_F
Small pattern spotted, it just activated, Im adding extra positions here
target 2100+, activates 1900, trying to anticipate it happening before it activates
I have spotted this pattern a bit too late, but now we are few weeks after its activation and target is only half way through. I am expecting this to hit the target before we start thinking about possible top. What do you think? It looks like a textbook execution, I would be surprised if we fail. Now we also have broken the trendline of the previous two highs and...
Classic Inverse Head & Shoulders bullish idea. Enter long at green, exit for loss at red or exit for gain orange lines. DISCLAIMER: I'M NOT A PROFESSIONAL TRADER AND THIS IS NOT A TRADING ADVICE.
Hellooo...My Dragon Friends I see EURUSD will move to our trend to 1.19XX. but will break the trendline (little one) will have some retracement. may be create right shoulder, inverter SHS pattern Lets See Happy Trading Smart Trading Money Management Risk Management Disclaimer On
$HOOD looking pretty bullish on the hourly chart with the clear inverse h&s currently forming the right shoulder.
Good Morning Traders, hope all is well. Wanted to discuss what I am seeing on the bitcoin 4 hour Chart with you all. The Price finally broke above the 4 month falling resistance and formed what couldve been a possible inverse head and shoulders. The next biggest test for bitcoin is to break through the 47k and 48k levels, as those have been previous support....
Here I show what I believe to be a good short-term entry for quick profits on xrpusd as long as we get the retest. The bounce with indicate a lead to confirmation towards more upside. Of course, it's always the next few minutes that determine the next few minutes. With that said, no financial advice, Safe Trading!