A break of the inclining support originating from Jan 2016 may trigger some selling pressure as it would complete a Head and Shoulders pattern. This may be an inverse expression to the IHS forming on the DXY. I'm about 70/30 convinced of this right now. The attached link makes a strong dollar case. The average distance from head to neck results in a projected...
Bitcoin chart has printed inverse Head and Shoulders pattern on 1h time frame. The neckline has broken above and I expect the price to go up to around 35500 USDT. Let's see how BTC is doing in next 24h.
GBPUSD formed inverse head and shoulder on the hourly chart, but it was only a fake breakout the 78.6% fibonacci retracement. In my opinion the next support is between 1.34-1.345. I recommend to open short position on market price, with stop loss around 1.38, and Take profit around 1.34(Risk:1%). Trade at your own risk. Please don't forget to like, follow, and...
VHRTFX Forex Rules 1.0 Trade Process First Phase Find supply and demand in daily/h4 draw a line or box Find pattern(quasimodo/HNS/KING/Engulf) in h1/m15 HIGHER BETTER, snr in area snd of (1) The setup sl must below 5% from capital / Ratio 1:2 above (DEPENDS ON TIMEFRAME AND CHANGE LOT SIZE WHEN SL IS BIGGER) Plot everything on the chart and mark the setup Entry...
head and shoulder with resistance confluence lining up for a short opportunity
NZDUSD , created strong head and shoulder pattern and two indicators saws sell trand of this chart. now you can place the sell order . please if you like my trading ideas like, comment and share
BTC topped at 34800, then created a right shoulder of a smaller H & S that triggered last night. But whales usually signal the end of selling with a really large red volume candle. The drop this morning produced a long red volume candle, but not incomparable to the price candle, so I don't think this is the end. Correction? End of the rally? I won't try and call...
Possible btc bearish head and shoulders pattern, if crosses $29,100 it can confirm the pattern and go to target of $28,600
depending on how we play out for the next couple days. Watch for that 21k i was speaking of
ngl i did not forsee us sticking this tightly to an advancing reverse H&S however, here we are, way above prior ATH. Next up we begin trading that final shoulder. I belive this will kick off a consolidation phase which may trade down to 21k range. area of interest is marked in the elliptical. apologies for the line puke of a chart. hide drawings to view...
TF: 12 Hr Looks like an inverse and H and S, I think ewe may be heading to test recent highs
possible head and shoulders pattern on the 30M and 1H. we will reach 25k on the 25th
#TradeWithMky AuDJpy if pass this channel would be bullish for long time there are some good signals for head and shoulder pattern in AUDJPY right now so its good time to Go Long actually head and shoulder would be more confirmed if these things happen 1 : at the end of a Movement 2 : confirmed channel for neck line 3 : pull back after passing neck line...
We should see inverted head & shoulders coming into Bitcoin in the coming 3 years. The last good chance to buy Bitcoin at a decent price will be provided after it retraces 78-88% of the last 2 years rise. There is no point of selling bitcoin. Buy and hold on every dip indicated is the best strategy for me.
Head and Shoulders pattern, Inverse, Perfectly developed
To everybody hoping XRP will pump any minute/hour/day (like myself), please be aware of a possible Head & Shoulders that recently developed on the charts.... I'm not sure that it will play out, at all, I'm just saying: be aware of a possible next (and hopefully final) leg down to retest our local bottom of around .4400 to .4500. Whether or not we'll see this H&S...