One more example of Inverted head and shoulders pattern which is change in the trend . Neckline is already broken and one can pick this stock and keep stop loss below neckline
Possible Head and Shoulders on NZD/CHF! Lets keep watching this pair and see what happens! DovyFX
Bearish Continuation after retest and close below previous zone for push to next zone!
TF: 1 Hr Looking for a retrace and a buy. Pattern seems to be potentially unfolding an inverse H and S.
A potential head and shoulders is forming on the 4Hourly time frame. If neckline is broken , the target is 15K Also, a brearish divergence on all larger time frames
I have no clue FYI
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Looks like this is worth the trade, closure below this point where the 30m trend line meets the neckline. TP 1 = 135.236 TP 2 = 134.885 Short Term Trade
this is haidojo and the number is 207 ... a possible double-top formation ...fcpo-jan has gone into the selling region of 3070-3130... another thing to watch out is...a possible formation of rounding top...this is supported by earlier price movement such as when one of the critical supports 2980 was already broken...let's see if price could fall back to...
this is haidojo and the number is 205 ... fcpo-jan still in uptrend...no confirmation of reversal of trend until important support is broken... price might retrace back to 2980 and even the critical 2900... and we need to watch if the support holds...uptrend persists if 3130 stubborn resistance is finally broken... higher resistance : 3200 strong resistance...
There are many interpretations of the Head & Shoulders Pattern. After much research and back testing I have created a simple process using bespoke levels to objectively identify and trade the pattern. Through extensive research into Harmonic patterns (in particular the Butterfly ) I have discovered how to accurately predict where the H&S pattern will occur. The...
So obviously ETH is going up along with the rest of the market, but this offers good targets to take some profits. Whether you measure the shoulder depth, or the entire H&S depth, it matches up really well with the $440 and $480-490 resistance levels. I expect a pullback at both of these levels, but of course ETH will go much higher in the long term.
Not investment advice. Take your own risk please.
YFI has made a good volume recovery. I will be waiting for the 8hr retest of the closest S/R line and a good resumption before going long. A safer entry would be the retest and resumption around the 21000 S/R line. It would also be above the EMAs at that point.