HEADANDSHOULDERS looks like on think this is following that lane
If GN keeps dropping look for a completion of the head and shoulders pattern. enter trade at the neckline.
Unless something fundamentally changes the stock isn't looking healthy. Low volume signaling a large movement about to occur within a bearish descending triangle and with the stock trending under 200 EMA. This is after completing a bearish H&S pattern. However, it is to be noted that the SMAs are building towards bullish momentum, so a close eye must be maintained...
Expanding ending triangle and head shoulder head together..
Volume decline and the formation of a heads and shoulders pattern, with corresponding MMAR showing signs of reversal. If complete, signals a decline towards EMA 200.
- BUY - ENTRY: 1.28978// SL: 1.2867// TP: 1.3015 SELL ENTRY: 1.3026// SL: 1.3056// TP: 1.26707 HAPPY PROFITS EVERYONE !!!
Observing the formation of a potential Heads and Shoulders forming on FX:USDJPY . Not a trade advice, always do your research and analysis prior entering into a trade.
I think this is a retreat, suitable for sell :-) Goodluck
Technical: Completion of the right shoulder Approaching strong demand price level, we could see a potential pullback or consolidation in lower timeframes -Short Tp:1.16927 Fundamental: -Weak German and Eurozone ZEW economic sentiment indexes. -Inflation and interest rate growth
This is a really interesting situation that appears on USDSEK. If price can break higher, it opens a lot of space and an interesting long position because an inverted Head and Shoulders pattern would be activated.
Short at 1.1885 and put your tp around 400-500 pips. i would recomend no stop loss on this but feel free to place yours depend on your risk managment.
EurTry will surely go down. it is in deep overbuy conditions and in W1 you can see the formation of HEAD SHOULDER pattern Eur start loosing is power in theese days Usd start gain more power and will help Eur to go down The cross eurtry have positive swap and is also a good opportunity for accumulating position for intraday trading Maybe a great opportunity
Being long AMD, I have been following the chart for quite a long time and I have noticed a potential Head & Shoulders. What do you think about it ?
USDCAD has just broken the neckline of what i can call a SHS at1.3450, this support has now turned resistance and is expected to hold back further rises, this is further confirmed by a descending trendline which holds the pair from moving high in the daily timeframe. while there is no guarantee that the pair will not continue higher in the next couple of day,...
ALRM - Head & Shoulders formation with a bullish entry day closed with high volume - trend reversal
if it completes it before the french elections it has potential, otherwise...
Very interesting market Palladium. Can make a lot of money fast, or loose it all. Been watching this for a couple of weeks now. If you don't know, Palladium is used in catalytic converters. Since the drop in oil prices for 2016, the car industry have seen an uptrend. 2017 may shape out that same way as there is too much anxiety that the OPEC agreement won't amount...