Classic Inverse H&S break for CADJPY. Monetary Divergence in play with BOC turning hawkish and BOJ standing pat as extremely dovish. Price action suggest a staggering 1300pip upside of this pair. Long : 88.6 SL : 87.3 TP 1 : 93.2 ( 38.2% expansion ) TP 2 : Open
After complete Butterfly. Now price crawling to the top again and potentially making right shoulder. i look for Head and Shoulders pattern to entry sell for this pair.
Hello Traders. While conducting my end of week Cross Currency Analysis, I came across another Inverse H & S pattern on the CAD JPY Weekly chart. If this one breaks to the upside (Neckline at 89.00), a measured move would take us up to approximately 103.00. This chart doesn't have an unfilled Weekly Gap until 96.18 - 700 pips away from 89.00. While I'm waiting...
LTCUSD cup and handle - inverse head and shoulder
Prior to the 4th of July holiday, I published a trade idea from this weekly chart - (See chart inset for notes) and inadvertently published it under EURJPY. I didn't change my Tradingview chart to NZDJPY and it happened to be on EURJPY. I then managed to write like the idea was for EURJPY, even though all of the prices were for NZDJPY...needless to say I ended...
Forecast Long Position Price break Andrew's Pitchfork Median Line EMA 10 + 20 Crossed Resistance 88.50 Inverse Head and Shoulders Formation
It's time ETHBTC breaks 0.15, let's long.
higher time frame in defined uptrend and found support area after pullback-high probability mid time frame showing formation of ascending triangle- an inverse head and shoulders showing symmetry lower time frame in range bound consolidation- monitoring price action for break of first resistance area of 180.5x to target to 181.2x area
Cup and handle + 4hr inverse head and shoulder confirmation could see major gains for DCR.
The recent nonfarm payrolls event completed an inverse head and shoulder pattern on EURUSD . I will look for a good entry now. Target is just around 1.14000
FX:AUDNZD The rate has fallen down to test the exact one-year-long rising trendline support. As long as it is still trading above the support it stands in line with the long term bottoming (inverse head and shoulders) pattern as the rate it still slowly carving out the right shoulder. Currently the upside is a bit limited because of the falling gap resistance...
higher timeframe showing strong uptrend and excellent trend strength intermediate timeframe showing trend alignment and showed the breakout of resistance area 67.0x area after completing inverse h and s pattern with strong positive volume pressure measured move from head of pattern to neckline is a .55 move which should give projected target of 67.55 and extension...
At best 50/50 and I'm not a fan of h&s on this time frame, but XRP is going to pop soon, just a matter of catching the setup when it does.
Watch Flipper in action! ETHBTC has broken out, and is finishing the last breath of an inverse head and shoulders pattern. Tomorrow is Consensus 2017, where it is rumored that the Enterprise Ethereum Alliance will announce new members which were previously described as a "who's who of planet earth". The (adjusted) Köppelmann Constant 0.06822 is the...
USDJPY INVERSE HEAD AND SHOULDERS SETUP
3 Drive on Daily; The last few legs have been 786 retracements of previous leg. Price action currently at Bullish Trend Line and Previous structure and Support confluence. beginning possible Harmonic move to 786 target of previous leg and HNS on 1H TF , possible trend reversal on lower time frames. If rules are met, will go long for 50p (1R) for Target 1