Inverted HS and bullish flag just broken up. It's a massive bullish signal. TP at the resistance 63. Wait and see what the price does, it may not pull back too much and try to break out the 63 level again. This is going to go up up up.
Fetch AI validating its inverse head and shoulder breakout patterns here and well on the way to both targets $1.12 for the lower neckline and $1.234 for the higher neckline. Shown here on the weekly timeframe. *not financial advice*
Fairly big candle that closed above the neckline too and the bigger the candle the higher the probability that it can flip that neckline to support. However we all know how often price action will fallback below an invh&s neckline before the real breakout occurs, so for now there is no confirmation or validation that flare has broken up from this pattern just yet....
TSLA on the 120-minute time frame has finished off an inverse head and shoulders pattern with the bottoms on January 26 February 6 and February 14 respectively. Price rose above the neckline at 197 and appears to be trending to retest it. My target is 220 which is the 0.5 Fib level of the prior immediate recent January trend down. The relative strength fast...
A return move to previous high's is what the inverse head 7 shoulders is forecasting. Which is likely to happen in the next couple years. 30 years to get back to those levels! An entire generation! It's why deep capital markets , technology, having the reserve currency $, some financial doping, an entrepreneurial workforce, and degen investor base all...
Front seems to be printing a textbook inverse Head and Shoulders right now. It was once the victim of a PnD in 2021, however a seedy character's past actions does not invalidate it as a potential investment. There looks to be vertical accumulation happening since Oct '23 and a nice S/R flip of the ~$0.40-0.42 range. Target at the 0.236 Fib retracement level
We can see a pink neckline and an off white neckline here that price has broken above. This should take hbar to a measured move breakout target of around 11-12 cents. *not financial advice*
In our GBPJPY analysis, we are observing a potential short-term buying opportunity on the 1-hourly chart. Here are the details: 1. Setup: Bullish Inverse Head and Shoulders Pattern 2. Timeframe: 1-Hourly Chart 3. Key Levels: - Entry Point: Trendline retest (Blue) - Caution: A close below the right shoulder would invalidate the setup. This setup presents a...
Inverted HS ready to break out the triangle. Be aware of earnings call on 02/15. I don't have any position here bc I'm already loaded with others trades but I might close out one of the losers to jump in on this one. Looks good.
Huge inverted HS and triple bottom. The SL is just for reference, I would actually buy more if it pulls back. The 45 resistance is almost penetrated and the prices is going to shoot up to 55. Earning are coming on 02/14, if the markets pulls back the price after earning I'll buy more. The inverted HS took 2 years to build up, do you really think one news is going...
We can see here a huge inverted HS and a double bottom (blue arrows) forming. I thinks all of this is going to push up very hard and break out the resistance from 08/2021. I'll wait for a pull back to buy, right now is too close to the resistance. Every time it pulls back to the trendline I'll add.
The overhead resistance bitcoin priceaction has been battling with the past few days is this upward slanted tan neckline shown here. Not sure when price will actually break above this line and upward slanted inverse head and shoulder patterns can be some of the more difficult ones to trigger the breakout on…however if it does indeed breakout in the near future the...
ROKU trended up paradoxically from less than a fairly weak earnings report about November 1 '23 and then reversed into a trend down into the support of the 0.382 and 0.5 Fib levels in a retracement. Price is now forming a head and shoulders pattern having found that support. It is above the POC line on the evolving POC and high volume area. Based on the...
Today was an incredible day for many cryptos, and not so much for others. But one thing you can be sure of is that XLM has been spending the past two weeks forming a perfect head & shoulders pattern on the 30 minute chart that, assuming it plays out bullishly, is almost near the take off point! If price action breaks out of the dashed white line at the top of the...
Breakout from a classic inverse H&S pattern and with volume too.
Hello guys, Another simple trade setup is here for you. BTC chart is making an inverse Head and Shoulders pattern here. We will take an entry if break and retest the indicated red area. will update TP & SL soon. first I need it to break and retest my preferred area. For now wait for Inverse H&S pattern to be complete.
Numerous indicators are showing that Bitcoin may want to retest that 48k resistance level again. The retest comes quicker than I anticipated by I am not going to fight price action here. VRVP and FRVP support strong accumulation at or near the neckline of that inverse H&S pattern I have drawn. Neckline has been broken to the upside where there is not a lot of...
Almost to the full breakout target of this inverse head and shoulder pattern I posted awhile back. If you view this same pattern on the logarithmic chart it gives you a much higher target around 64-65k but I think the linear chart’s lower target shown here has much higher probability of being reached. Eventually the other target will get reached but we will...