Late entry on retest, adjusted stops and targets.
Entry at 1.29076, Stop loss at 1.28849, Target at 1.29494
A classic H&S pattern has broken down, if support at 360 sats don't hold it price can go to 280 sats (with considering that the BTC has started it's correction now).
Ethereum is being pressured by two opposing forces. The breakout upwards from the blue triangle created a strong support line (the horizontal blue line), but it quickly encountered strong resistance at the level of the dotted blue line. This was the point at which Ethereum broke downwards last November. Now it has formed a Head & Shoulders pattern which would...
Both BTC and ETH are at risk of H&S. Daily NVT not looking good as well. Please use some caution here. Buy the dip, but no hurry.
Inverse HS formin on POA 4H. Looking for break of neckline followed by failure and retest to validate the pattern. Targeting mid-late April for the real breakout.
A bearish trend could be expected after this SHS pattern in 1W. Support at 21.5x has already been broken. A pullback may happen in next weeks to that level as a resistance or keep going down to 20.0X support directly. This will be a very strong support which I don't think the tick is breaking. Few weeks remaining for confirmation.
Short option on EURMXN 4H after shoulder head shoulder figure with pullback to neckline.
Hello Guys. I started making videos on youtube here with another head and shoulder i just took in 1h time frame. since last week i had some very nice winning trades in row that i show in my videos in response to a trader who was saying that technical analysis doesnt work. Its all about understanding the statistics and the probability and consistency and staying to...
SELL GU on H4 , Head & Shoulder TP on the head downward
We almost reached our IH&S Target of 1900 Sats Today. Target was reached way earlier then i expected. Which means there is more room for growth before ADA summit on 17th-18th april. If we Break 1900 sats in few days and close above it then we may go towards 2400. If BTC helps Ada may also reach 3k Sats very soon. Positive Signal: 50 EMA Crossing 200 EMA on...
Bitcoin in a Bullish channel heading towards the overhead resistance again. A nice Head and shoulders pattern has formed, hoping for this to finally break this overhead resistance and continue on its bullish charge.
As you can see we have a head and shoulders pattern forming
Head and shoulder correctly formed and broken the neckline, I trust it goes up!
Welcome to this mid-term analysis of GOLD. Since October until mid February, GOLD traded within a bearish rising wedge. This pattern got a high success rate and is worth taking note of when it’s showing up on charts. Once we fell out of the wedge, it happened with strength and volatility. Fortunately GOLD stopped where it should, the top $1200s. This zone was...
BTC likes those head and shoulder patterns. Because traders like this pattern, especially the inverted head and shoulder type. However, we should remember how often this pattern has failed in the past months. So many times, there was an inverted H&S structure in the making, and many times, it failed. It looked as if it would burst through the neckline, just to...
ADABTC Make Inverse Head And Shoulder Pattern In 4 Hour Chart In Binance Exchange Ada Look Bullish