This is very risky, I bought puts strike 174 expire 06/16. I'm giving it a month, my idea is that the HS is going to to play out eventually but it may take some time. If it works, price will drop very fast.
CME:BTC1! CRYPTOCAP:BTC is still in the head and shoulders. My original idea was posted on this link: tinyurl.com and can be referred to. Price Action is printing a downward channel providing ideas for a possible retest at the 25.2k zone. But the price action stays in the pattern until break of structure. Plan A: Short to 24k and possibly 21k ... (you...
📈 Chart Analysis: Potential falling wedge: Top tip wait for breakout and retest of the AVWAP before taking a long Are we retesting the Head and Shoulders resistance in prep for a "Black Swan" event that will take us to our low target?: top tip for an early SHORT position you could take the short now and place a stop above the highest high of this retest OR on...
Gold analytical series, Episode 11 Hello Traders, Gold can create a bullish view by starting an upward movement. Optimum stop-loss for long positions: Under 1954$ Long targets for xauusd: 1962, 1964.5 Don't forget to risk-free your positions. Please share ideas and leave a comment, Let me know what's your idea. CrazyS✌
Crude oil futures (CL) is exhibiting head and shoulders bottom formation on the 4h chart. The price has broken out of the neckline. It is best to wait for a retracement followed by continuation before initiating long positions. Measured move target: $78.20.
Hello Traders👋🏻 The AUDCHF Price Reached a Resistance Level and Resistance Line (Resistance Cluster) ✔ The Price Failed To Create New Higher High📈 Currently, AUDCHF Formed a Head and Shoulders Pattern ✔ The Neckline is Broken 🔥 If Price Stays Under The Key Zone, AUDCHF Can Continue The Bearish Move 📉 ----- TARGET 1: 0.59582🎯 TARGET 2: 0.59020🎯 ___________ if you...
I was pointed to this inverted head and shoulders last night and it's almost too perfect. You can look at the structure and the neckline (slightly declining) and it's perfect. Well, we just kinda broke out yesterday. Chances are you can get a better entry from here if this is what you want to play. It may (and probably will) chop back under this important...
BINANCE:BTCUSDT COINBASE:BTCUSD Hey everyone, first take a look at my previous BTCUSDT & XAUUSD analysis and positions. Bitcoin may experience growth to near 27K. The trend is still bearish and the price takes another step for further correction with each rise.🐱👤 Don't forget to risk-free your position. Please share ideas and leave a comment let...
Head and shoulder pattern spotted, Price probably has 80% chance on bouncing of the support and continue to the upside
BABA H&S playing out well so far. I will probably be entering more here. Another catalyst just arrived with Micheal Burry holding over 10% of his portfolio in BABA stocks to hedge the economic situation. Definitely a good long-term hold here. Especially if you add onto it the restructuring BABA is going through which experts have predicted will increase...
Hi everyone! The Daily Chart should speak clearly, so we have two potentially interesting patterns that we could follow in the coming weeks. From a technical point of view, we are talking about a "Head & Shoulders" and an "Inverted Head & Shoulders" . The levels shown on chart are approximate, what I am interested in sharing with you is the potential swing that...
HELLO FRIENDS, Here I am sharing CHEMFAB ALKALIS which recently have given breakout of Flag and Pole chart pattern and also forming Head and Shoulder pattern it has given breakout of flag n pole pattern with intensity of volume and the indicator that supports to take trade which are MACD and RSI are also in favor. Flag N Pole breakout The price is also trading...
This will be my pre-market analysis of nifty for 19-may-2023: Today bears took hold of price and moved price down to 18120 level. On 15 min and 45 min chart from price action we can see Head & Shoulders pattern and if this pattern succeed then it nifty may fall to 18000 level. My view is bearish but patterns can fail so will trade according to price action on...
Inspire Medical Systems develops innovative and minimally invasive solutions for patients with obstructive sleep apnea. Ranks #10 in the IBD Group Medical-Products Group with a Relative Strength IBD Rating of 93. This is a what leader looks like. Today is forming a daily shark patter with a pivot buy at $278.10. The follow through would be a breakout above...
Bajaj Auto (NSE Ticker: BAJAJ_AUTO) is forming two back to back bearish patterns on the hourly chart. First bearish pattern: Broadening formation Second bearish pattern: Head & Shoulders We see high probability of fall in price in the coming days toward measured move and 200SMA target of 4410.
hello guys! I'd like to bring your attention to the current situation in the gold market. Gold is currently forming a head and shoulders pattern, but it is important to note that this pattern is indicating a downward movement and a bearish trend specifically within the 15-minute time frame. Considering these circumstances, it would be wise to exercise patience...
There's a gap on the SPX daily chart. If the gap fills it will put us right near the daily 200MA and complete a bearish Head and Shoulders formation, which would have a target down near the Oct lows.
Hi Traders, Investors and Speculators of Charts📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year 🏫 From the short term / daily perspective, Bitcoin has turned bearish. These reasons are pointed out on the chart, including a few very clear...