Weekly bearish, and a formation of SHS on daily TF. Simple!!! If and only if price is going to break and come for a retest to the neckline of the pattern then a good short opportunity presents itself This is not a financial advice, make sure to make good use of risk management!!!
Here i see a head and shoulders pattern forming,juat need to be patient and wait for the opportunity,this week and last i personally entered just three trades,trading four pairs for now its how much i can handle,working my 8 hour regular job.
Bitcoin broke out of the descending channel a few weeks ago during the run up in price. A reversal happened at what appears to be a neckline of a potential inverse head and shoulders. I drew the pattern the first week after it hit. Would want to see 18-20k put up a fight (20 w moving average support at the top of the descending channel, which is also at the 2017...
NZDUSD after our previous analysis reached the 0.61 support area. The price created a potential inverse Head & Shoulders pattern with 2 right shoulders that have higher lows. The pairs has now broken the neckline and some more buying pressure can be seen at the EU or US market open. How can i approach this scenario? I will wait for a potential test of the...
Waiting for daily candle close above Neckline ($0.4261)
The NZDUSD pair has completed a head and shoulders pattern on the daily timeframe, with two bullish engulfing candlestick patterns appearing in the last shoulder, indicating strong momentum pushing the price higher. On the 4-hour timeframe, we can see that the price has broken out of the downtrend and failed to make any lower lows, supporting our view that the...
Dear Tradingview family, Symbol: #USDJPY Strategy: #Breakout_sell_Stop Trade. Trade Call Type: #Short. Indicators: #Price_Action. #Chart_patterns, #Head_and_shoulders Bearish breakout. #RSI_Divergence. RichTL Entry: Short when price breaks below the neckline of weekly H&S Pattern, Weekly Support line and Weekly Trendline. Anchor Time Frame Weekly Trading Time...
Risk management!!!!! I see other possibilities in this trade, but just decided to publish this one because it has a more quality than the others and the probability than others.
With the weekly and Daily Tf in Sync (Bearish), we might see the formation of the head and shoulders to put the 1H also in sync with the higher time frames. This is not a trading or financial advice and also, make a good use of risk management and let it run.
Hello guys. GMTUSDT - 4h TF Wait for deep pullback Thanks
XAGCHF Head and shoulder pattern formed. Bearish trend, Divergence also there.
on the Daily Time Frame, The EURAUD Price Broke The Daily Resistance Level ! The Broken Resistance becomes New Support Level ✔ Currently the price formed a double bottom pattern, The neckline Was Broken 🔥 and We Have a Good Target Ahead ! so! I Expect a bullish Move 🚀 i'm waiting for a retest... ----------- TARGET: 1.61550🎯 ___________ if you agreed with this...
NZD-USD is expecting to have reversal move from its current position. This can be observed via HEAD AND SHOULDER Pattern as well as the presence of Divergence. The trade setup is designed for a SHORT TRADE option for this FOREX Pair including a projected price.
EGLD has been forming an inverse head & shoulders pattern over the last 8 months. This is classically a bullish reversal pattern. I'm waiting for the price to break out through the neck-line before considering an entry. Targets in blue. If you're bullish, you could consider an entry around this area with a better risk-reward ratio.
XAGUSD has completed the formation of a head and shoulders pattern with divergence on momentum indicators, and has made an initial break of the neckline. I prefer to wait for confirmation of the breakout before entering a sell position targeting 21.19. However, with the current global crisis in American and European banks, conditions may change at any moment, so...
EURUSD is showing head and shoulder pattern on daily TF. can anyone share the trade idea? thanks
A potential H&S Top pattern in Kotak Bank with neckline at 1630. Pattern target is at 1190. Elliot Wave wise, Wave B (a triangle) seems near completion and Wave C which will be a five-wave decline is possibly next. Minimum expectation of Wave C is to be equal to Wave A which is at around 1490. A negative divergence with momentum is seen on daily and weekly...
Nifty is loooking good for tomorrow and nifty formed inverted head and shoulders pattern in 15min if price breaks that trend line there is a probability that price goes up Have a profitable day Thank you