The SHS short did not perform as planned... but maybe it will very soon as a little up now could result in EUR going down for quite some time, but who knows... Looking at the SHS in the begining of 2017 there was also an extra low after the SHS before the long run up... so maybe more down... However this is posted just to show that there is a posibility that an...
Inspired by others here on this site - this will be my trade if I choose to take it Retracement to neckline, short SL to minimize risk. Let's see if it plays this way
Awaiting confirmation of Head & Shoulder - hopeing to go LONG around 1,68100 Again a close SL to minimize possible loss and a large upside.
Possible second sholder of a SHS pattern - let's see where it takes us.
Ardor build up a huge Shoulder-head-shoulder pattern in its graph. But this bearish pattern did not result in a further sell off. Instead Ardor had a bounce on the neckline and then it did fell through a little, when it fell through price reached a new low, but the RSI-indicator did not, it made a higher low, this bullish pattern is known as: Bullish divergence....
Wave D peaked nice near the expected resistance-area and now a nice little S/H/S top confirms that wave E is developing. The ideal target for this E-wave is seen at 3,655, but be aware that triangle E-waves can be sub-normal and complete the triangle consolidation prematurely. Once this wave 4 triangle is complete a strong rally is expected in wave 5. A...
We had a great run with our Iota short idea () but now it is time to switch to longs. A supportline (green) which started mid july has pushed Iota out of the downward channel (green oval).. to add to its merit a same supportline is present within the RSI-indicator. There is a little danger of a shoulder-head-shoulder forming (red curves). But the right...
Siacoin is one of those coins that came down to earth after a huge bubble. The bubble formed a SHS-formation, the drop after this formation was halted by long term support line. Falling resistance got broken (green elipse) and an upward channel got formed. Look for the upward channel to continue, at least till it crosses the neckline (0.00000240 area, red elipse).
Projection going up to US$ 4,9k soon. BITFINEX:BTCUSD
A close above 37 would suggest a strong buy. we also have a potential D-leg completion that supports that the SHS-pattern bullish move. However we were just rejected by the SHS-patterns neckline and there is not a lot of resistance toward 30. I will be looking for support confirmation @30 for a buy
As we see, here is a nice shoulder-head-shoulder formation coming to bring us profits. if the neckline breaks, we do have an entry, if not, dont worry, next chance is just round the corner
Great educational pattern.. There s shoulder-head-shoulder sign, it probably going to downwards. I dropped my forecast as blue path on it. But! But this stock already announced a superb balance sheet, i can expect an unique miracle. Well, i shut off my typing and lets see what its goin to be.
At the 240M the second shoulder is about to form. Looks like price will form a candlestick pattern on the 240M which is a Double Top on the 60M. Perfect run: Shorting the second shoulder for a "neck break" Going long in support until the rebound to the neck then Short trend continuation