EURJPY on a daily chart might create H&S pattern in the next few days, let's see how the market going to move. Lets first confirm the pattern and later on we will be able to make conclusion
This is my idea on how to trade this inverted head & shoulder which i noticed, as im fairly new to trading it would be nice to get some input from you guys if I set up my trades oky or not. Appreciate everybody's input in advance Im new to trading and everything related to forex so please be gentle :) ps: MY SHORT IS OPEN , waiting for the price to drop and...
You already know whats going to happen :P (Shoulder head shoulder pattern)
Though I don't usually like to guess what type of pattern is turning out, it seems that there is a clear head and shoulder building across all exchanges. If this H&S proves legit, we might be looking at a target of 200 USD once we break the 220 support (and we will). This should happen somewhere in the next 24 to 48 hours. Of course, this mini crash will be...
I have 3 possible cenarios on $EURUSD, -a bullish fork that seems to be just a bull trap -a shoulder-head-shoulder form -and the possibility of continouing the bearis fork. Maybe the last 2 optios both could be happen. *the last red candle is still going for 6 mins
Broken downward channel. Reverse H+S
ADEP, or Adept Technology, is a robotics company focusing on industrial automation, as well as software and vision guidance. Recently caught in a downtrend, ADEP seems to be making a reverse head and shoulder pattern, which could be confirmed within the next week. On the 15 min chart, there is also a cup and handle forming which if confirmed, could trigger a...
Buy signal once close over white line with minimum target of 16%. Bars not exhausted out of upper BB.
There is daily resistance and head and shoulder is forming.
there is a channel and 8045 has been tested twice. this shows that 8045 is the R that I want to watch on n price should not day close above in order to spoil this hns pattern for a new downtrend. I see a channel with macd divergence but the channel itself is awkward as the channel break does not present the best RRR. Hence i will need to modify my entry and look...
Looking for a completion of H&S pattern. New update will come.