Hello team. price has created a inverted head and shoulders so we have long bias on this pair. leave a comment on the pair you would like and a like
SFP is forming a reverse head and shoulder pattern
potential bullish reverse SHS chartpattern in 4h time frames. - significant increase in Vol. in last shoulder - lowered neckline - hight from neckline to reverse headpoint: target + 1029p / 16,97%
It looks like Oil has now bottomed. I am expecting a strong move higher starting within the next couple of days. I have my first target above but it expected that we will easily run that target. Long bias on CL, let's go!
#GME INVERSE HEAD & SHOULDERS FORMING ALMOST COMPLETE
I've been expecting this fall since 2 months ago and my target is just above 50, there are still very strong support at 59.24, following the bearish Bat harmonica I expect the price goes back up to 64.04 then fall forming an H&S heading around my mentioned target which I calculated following pre-covid data FX:USOIL
Admittedly this trade does not present the best risk reward ratio, but the high probability of success for this trade makes it worth the trouble. Please see my previous GC post (link below) and how price has followed as I predicted at that time. Please support with thumbs up if this is found useful Thank you, Ms. Bunny.
This has the potential for a Head and Shoulders pattern. I don't own any.
The price is creating an inverse head and shoulder on a daily timeframe, and now the price is testing its neckline. IF the price will have a breakout and flip the current neckline into new support, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴...
Potential short term short opportunity. Might offer a long opportunity also. If it rebounds back above the neckline and invalidates the H&S, it would likely be a good long, as bulls would be back in control.
Usd/chf head and shoulder pattern Waiting for conformation before enter to the sell trade
I had drawn up this chart not long ago, with 17.7 as a significant level of resistance where god might begin to outperform and allow it to catch up on the otherwise stellar performance of the DOW in comparison.. No way of knowing but with time! we can see that the it seems over-extended, and that the stoch is turning down. It also might require a re-test of it's...
It's just for education. Glad you told me my mistake.
In terms of chart patterns, this to me looks like a Head and shoulder formation. That being the case, we are coming close to a critical point in time. If the pattern fills out at the neck line and goes North everyone is happy. If it goes south there will be a cohort who will be extremely excited at buying BTC at a fantastically low $6500 in the coming...
BBKP ATTEMPS CREATING THE NEXT SHOULDER
as you see we crashed threw one pattern of head and shoulders, could we now be forming a larger one, ? keep watch , this is just a simple idea
TF: 12 Hr Might see a little upside if this inverse H and S can play out
If H&S confirms, we are looking bearish short-mid term