The Head and Shoulders pattern is one of the oldest recognised market structures. Representing a fully formed fractal when completed, the H&S confirms a short term reversal in trend.
Setting the levels 50%,100% and 200% on the Fib tool, I have devised a simple system of confirmation/action to take advantage (profit) from...
Price has been trading above a trendline(brick wall) creating clear higher highs and higher low
To suggest and confirm a bullish market
Price recently shot off of a key zone aggressively and is retracing completing the first two stages of price movement (push and retracement)
Due to the strong bullish sentiment in and around btc at the moment we cannot really...
Price has been trending bullish for a very long to respecting key zones
Then price created a higher high retraced and failed to create another higher high,priced pushed bullish and then created a double top. Then price dropped and broke below the recent higher low creating a lower low and closing below the trend line that it has respected for a very long...
Price created a top,touched the top to create a double top
And failed to create a higher high to indicate continuous buy bias.
Price dropped down and broke below the most recent higher low closed below.dropped away more pips and came back to the zone for a retest. Then created a Doji and moved bearish with momentum to indicate bearish sentiment.
Just my opinion
$ONE looking strong. Previous breakout measured moves still available, targeting the $0.27-$0.32 range. BTC needs to continue behaving though.
Dotted white horizontal rays mark some potential DCA long opportunities, should we get a stronger retrace.
Leveraging carefully - If we head back down into the white channel ("flag"), things could get a little heavy. ...
Daily & 4H down trend. Price at major daily Support level (Head & Shoulder Neckline).
Price pulled back to 23.6% on 4H Fib. Starting to form 1H & 4H Bearish Pennant.
Expecting price to break Major zone and start Daily Head & Shoulder breakout.
Well, predicting date, and then time.. wheww.. if it works, then do we have a unique advantage?
BTCUSDT is forming a correction candles, perhaps to form lower highs, but when will this correction get over? At what date? At what time and perhaps at what level?
Check out the chart, it is self explanatory.
Trade at your own risk. This is just for education and...
Falling wedge pattern on 1H with bullish divergence. Expecting price to reach resistance zone. Have to wait and see how price reacts at zone after pattern breakout to determine if it's trend continuation to upside.