NYSE:PRTY broke out of the head and shoulders pattern backed up by positive earnings. Also 50 MA and 200 MA bullish cross over took place.
Any pull back towards the neckline is a buying opportunity, targeting 6.18$, stop is a bit far at 2.4$.
Hit the like button please if you find this useful :)
This is only my own view and not a financial advice, do your own...
NYSE:SWM broke out of the head and shoulders pattern, targets on the chart.
Hit the like button please if you find this useful :)
This is only my own view and not a financial advice, do your own analysis before buying or selling
Happy Trading!
MATICBTC is creating an inverse head and shoulder on weekly support, and the price is testing daily resistance.
IF the price will have a breakout from the neckline, and flips into support, According to Plancton's strategy, we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly...
Tradingview has offer us a inverted chart tool which is extremely helpful in finding the trend in another point of view. In simple terms we can define Inverted chart is USDEUR and the normal chart is EURUSD. We may think that the trend going to reverse on particular point but if we see through the inverted scale it will shows us continuation of the trend. Use...
we should just wait for pullback to the neckline to be completed and after a good sign of reversal pattern in candles we can open our position.
note: every patterns could be failed so put your stop loss just above the neck line.
take profit: marked in chart (be careful of your position around that resistance area)
as you see in the chart, price is nicely going to make a head and shoulders pattern but it is not for sure and I am just predicting its potential future!
so do not open a position until we can see a good sign of reversal candle on the left shoulder, then we can open our position and wait for the price to complete the pattern!
note : this is just a prediction so...
NASDAQ:TER broke out from the head and shoulders pattern and is now targeting 111$, but the pullbacks towards 93$, stop loss level around 84$. This is a great stock that can be held for long term.
Hit the like button please if you find this useful :)
This is only my own view and not a financial advice, do your own analysis before buying or selling
Happy Trading!
Hello guys ! Here is an idea for swing trade on GBPAUD. A nice Head and Shoulders setup is currently forming on Weekly timeframe. Setup is forming even clear if you zoom out on the Daily. Mixed with the Fib retracement to the 50%-61.8% ratio.
Don't hesitate to tell me your thoughts about that.....have a nice trade.
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as you see in COMPUSDT chart, there is a good potential for price to form a reverse head and shoulders pattern which could cause more rise in the price.
so we have two strategy to do!
first: if you are a risky trader you can now open a long position but with the half amount of the money that you want to invest on this position and after a valid break in...
Though 13CCI on 240 min EUR.USD has a higher low, the currently operative signal is Short from CCI crossing down thru an uptrendline and the exit signal will be CCI crossing up thru a downtrendline.
The pitchfork targets match perfectly with both the small H&S target and the larger H&S target, shown by red + symbols.
Caution tho, because news of additional...
