AliceUSDT is exhibiting a potential inverse head and shoulders pattern, with the price currently forming the right shoulder. This presents a promising buying opportunity. The immediate target is the neckline of the setup, and stop loss should be strategically placed as indicated on the chart. Final target levels are also outlined on the chart. Let's observe how...
Initially, taking a look at the Monthly-timeframe development, it could be noted that the price is printing huge wick candles, which emphasises the inability to continue pushing in the upside destination. Identifying all crucial key zones and levels of decision, we may point out the importance of the 2.07 key region, the borders of which could be visited in the...
Disclaimer, these ideas are for my records of what I see in the market after taking a trade. It will help me document the reason of why I took the trade so I can have a track record. And as such, this is not a financial advice. At the monthly timeframe, the pair was doing what I believe was a wyckoff accumulation. In which it left an unmitigated past point of...
I think Snowflake has been following a Head and Shoulders pattern since the 2022 bottom. It may go down further from here, and a double bottom at the 2022 lows is possible if there is a free fall. I might wait to average down for this long term investment.
A nice healthy FWB:12K shakeout in #BTC And we see the #ALTS rebounding back strong This is the market saying to Daddy The party is not over yet it's only 10pm I think this Head and shoulders can perform let's watch and see if it does.
I am not kidding! Political motivated investing could moon this thing forget P/e's cashflow This is memecoin style investing on the stock market Its happened before it could happen again particularly as we get into the election in November and inauguration in January #MAGA
EGX30 Possible Scenarios : 1. Bullish scenario following the blue lines. 2. bearish scenario following the black lines.
On the 4-hour chart, GBPUSD has formed a potential head and shoulders top pattern in the short term. Currently, we can focus on the support near 1.268. If it falls below, it is expected to fall further, and the downside target is around 1.256.
I saw some other stocks of the same segment doing bullish patterns. We have a potential double bottom fighting with downtrend line resistance. I think is going to bounce back and forward between the 13.5 support level and the downtrend line until something breaks. The double bottom (inverted HS in the daily timeframe) tells me that the price wants to break up the...
Look what we have here. Incredible price action from this stock.. what should you do if you hold it... or if you are feeling #FOMO maybe this idea will help. Inverse Head and shoulders there for all to see.
Nice head and Shoulders on the United Parcel Service #UPS and FEDEX are the new dow transport indicator. An underlying determinant of how the consumer is faring Since the US is a consumer economy and Online shopping is the majority of retail if we see new highs on the Indicies, and the home delivery carriers continue to deteriorate it would give your non...
As long as price remains in the right shoulder, new entries could be rewarded on this recently created memecoin. * I am a buyer and holder * Low marketcap but decent volume and liquidity DYOR by following the twitter account to see if this coin fits into your investment style and risk tolerance. But I like what I see so far and think it could make new highs...
A very nice inverse head and shoulders is forming with ASTO. If the neckline is retested and broken, we could see a very nice pump. $1 is not out of the question.
On the daily timeframe, STRK was in a bearish trend. Then, it started forming the Wyckoff accumulation pattern, which included a bearish candle with a long wick, marked on the graph as SC for Selling Climax. Then, we had the AR for Automatic Reaction, followed by the ST for Secondary Test, UT for Upthrust, and another STB for Secondary Test in Phase...
Disclaimer, these ideas are for my records of what I see in the market after taking a trade. It will help me document the reason of why I took the trade so I can have a track record. And as such, this is not a financial advice. Wyckoff was marked on the monthly timeframe. For me, GTLB is doing wyckoff accumulation and I've marked the zone I'm waiting for...
Judging by the Daily-timeframe build-up, we might imply that the price has nicely tapped into the liquidity region laying above the right shoulder of the recently formulated Head&Shoulders pattern, and now we are observing bearish moves in the destination of two zones - the pattern neckline and the 0.888 key level. Upon reaching the pattern neckline (0.9 region),...
iHS + daily Cloud E2E attempt entry: accumulate when confident, add on breakout, add on neckline exit: 1.618 + measured move stop loss: <R Shoulder NFA
Hi guys Considering the consumption of the specified range, the probability of reaction to the specified price range is very high. On the higher time frame, the probability that a higher ceiling will be formed compared to the previous ceiling is very weak. As a result, our bullish view is short-term for now. What do you think?