The price hesitate in the strong support zone . The zone is the neckline of privious reverse H&S pattern and is tested for several days . For long : We can wait for trading pattern to breakout . For short : If 24750 be break down and stand firm ,the 2B will complete . The next support is about 19568
In this video I walk you through EURUSD from the Yearly Chart, down to the Weekly Chart. Going over levels that have been swept, levels I see as upcoming draws on liquidity, and 3 scenarios I see possibly playing out for EURUSD over the next 1-3 quarters. As always, good luck, have fun, and practice solid risk management.
Price is forming a HS at the strong resistance, not confirmed yet but I prefer to pick it up early and tight SL. It may bounce off the neckline but it would be a dead cat bounce.
NMDC making HNS pattern , need to break 130 for confirmation of breakout , and iron ore prices are also increasing thats why it is moving , whenever it will break 130 then next targets will be 140-150-160. Thank you
Based on the ascending channel that has lasted for more than 10 days and the formation of a descending head and shoulder pattern after reaching the supply zone within a 4-hour timeframe, the possibility of a price correction according to the chart is plausible.
HA is on a 30 minute- chart. A Head and Shoulder pattern is drawn. It is assymetrical with an ascending neckline extension. An anchored VWAP is added. Price is currently in the deeply oversold zone near to the -2 standard aWVAP line. I see buyers and money flow coming in at this level. The stop loss is 9. The first target is at 10.7 and so about 15%...
If you enjoy this analysis, please like and follow. Just like BTC, ETH has been trading relatively bullish since 2023. However, ETH failed to make new highs in July, unlike BTC, which makes is arguably a lot weaker. With ETH being the king of the alts, this bearish pattern might signal more pain coming for the altcoins. I'm anticipating a move towards the...
as you can see we have a HEAD & SHOULDERS pattern please follow and support for more
watching netflix over the last few weeks/months, seems to be making a clear head and shoulders move downward, and it would be enhanced by disney/hulu initiating the password sharing and limiting customers that were only paying for one or the other, the user pool was probably diluted from the password sharing as a majority of people dont want ads or pay extra...
RBL Bank Will it be able to become head and shoulders short Below 209 Target 190 Sl Is Strict 225
XPEV a few weeks back had the hype and excitement of the VW deal marked on the 1H chart as a head and shoulders from which it has falled onto a thick support and demand zone at the present. The ZL MACD indicator shows a line cross under the histogram which has went red to green. On the dual TF RS indicator the greenlower TF has crossed above the black higher...
I am looking at today's Closing which is at crucial level. according Fib level from previous swing low to today's High give 0.618 retracement. What I am Assuming : with Reference of RSI Level previously 60 to give deep towards 40 Level then around 6% retraced. same way if current RSI go to touch the level of 40 then one interesting pattern will emerge which is...
Head and Shoulders Pattern: This is a popular chart pattern in technical analysis that can indicate a potential trend reversal. It consists of three peaks: a higher peak (head) between two lower peaks (shoulders). It suggests that the stock's price might change direction from an upward trend to a downward one. Left Shoulder, Head, and Right Shoulder: These refer...
Grand chance take advantage of the header and shoulder pattern breakout See the what is pattern giving chance to take advantage it No recommendation for buy or sell
Hi Traders👋🏻 The USDCHF Price Reached A Weekly Resistance Level ! Currently, The Price Formed a Head and Shoulders Pattern📉 The Neckline is Broken🔥 So, I Expect a Bearish Move📉 i'm waiting for a retest... ----------- TARGET: 0.85700🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
If you enjoy this analysis, please give it a like and a follow. ETH has been trading practically flat since the start of April, well over 4 months at this point. Similar to Bitcoin, ETH is trading alongside a strong diagonal support, keeping the bulls in power. Looking at the chart, we can spot a classical Head & Shoulders pattern, which often signals an...
Insane, massive, borderline ludicrous head and shoulders on LTC Previous ATH about to be recaptured...someday.
We could see GOLD reverse at the 1928 price if and only IF that support holds.Watch out for a fake breakout then a retest of the 1953 price for confirmation.