Head and shoulders pattern with a potential reversal on the Weekly time-frame. Depending on how you trade HnS there's a potential short position at the current right shoulder and another short position at a break and close below the neck.
Dear Friends, as we can see a trend reversal chart pattern. Head & Shoulders pattern forming 1hr So a signal that the market is going to move Up. Price Pattern completion on the break of the neckline (fibo levels 0.618 around). Let's see how it goes. Personally Expected Bearish trend for today.:) P.S. Today, EIA Reports Natural Gas Inventories Good Luck!
USDCAD has hit a major resistance area. Upon reversing it could form this head and shoulders pattern on daily chart.
GBPJY LOOK LIKE A GOOD SELL H&S PATERN BUT WAIT THE BREAKOUT OF THE BOX, AT THE BREAKOUT IS A GOOOD GOOD CONFIMATION TRENDLINE DESCENDING TRIANGLE TP IS 300 PIPS ENJOY THE PROFIT
We can see a clearly H&S and the daily chart Higher risk trade: entry when we see the first clear signal of a bearish trend (RSI, Bull/Bear, MACD, ANN STRATEGY) Low risk trade: Wait the right shoulder to get formed and entry when the H&S is complete.
Long term I still remain bullish on BTC and want to accumulate all I can but I am just trying to visualize where BTC may be heading in the short term for possible buy areas.
A really good day at the German DAX a very stable day with a okay amount of volatility This is a short term trade entry on chart. The trade is based on the clear inverted H&S, which we predict will make a clear bullish neckline
Hey guys, you can call it whatever you want, you can draw it however you want, what i see is a change of trend shown by a sequence of lower low lower lows, right after a strong upward trend. Right now i'm waiting for a retest of the broken support that could act as resistance and keep the price from rising further. You'll be updated! If you have questions/ideas,...
The Asset has produced a head and shoulders pattern, which has already broken out of the pattern, so I would short but watch out for the jobs report tomorrow as the asset already has hit prior support, so if the jobs report is bullish for the dollar then it would be a short position until the lower Fibonacci level.
I see a head and shoulders, but it went up instead of down. This shows that sometimes you cant rely on one thing all the time.
long term short idea ND going SOUTH....STILL TESTING THE BROKEN NECKLINE
Price stopped on support area after forming a clear bearish h&s pattern . Well that is a great situation to look this pattern fail. If this pattern will fail then we just got us a nice buying opportunity with low risk and high reward. So, the plan is to buy this pair in a smaller time frame with another failing pattern... Best of luck :-)
There is possibility to go SHORT from the price of 0.7380 to the level of 0.7330,0.7250 TP because of Head & Shoulder .... Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards,
There is possibility to go SHORT from the price of 111.10 to the level of 109.35,108.75,107.60 TP because of Bearish Flag & Head & Shoulder .... Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards,
Perhaps we see the formation of the right shoulder.