EUR/JPY forming Inverse Head & Shoulder Buy on breakout Tp 146, Tp2 147 Tp3 148
I see USDJPY moving upward for the following reasons: 1- failed to make a new low, lower than the previous low @ 130.50 2- touched a Demand zone. 3- made a double Bottoms with Divergence @ RSI 4- Broken 2 weekly trend lines and a local small trend line. 5- got rejected from a 200 DMA. We must see a break in momentum through the Fib level 23.60 and 61.80 for that...
Disney DIS Short - Descending Triangle/Head and Shoulders Disney preparing to break down from a descending triangle . Expecting low $80s price range. Longer term there's a clear Head and Shoulders pattern that would break down if the descending triangle also breaks
Lupin is looking good setup for tomorrow Lupin is in uptrend in 1 day time frame it consistantly making higher highs in in 1 day time frame in 1 hr chart it took correction it came to previous higher high its is acting as a resistance it is also looking like head and shoulder pattern tomorrow it either breakout that resistance nor it will give reversal wait...
Honaut has formed inverted head and shoulder. Good risk t reward trade on monthly chart.
hello traders, on AUDUSD , we can spot a head and shoulder pattern of the correction phase which signifies a potential exhaustion of buyers position and on an onset of bearish momentum.
TSLA desperately needs ELON to stop dumping on everyone's heads. This looks like it's bound for $100. Fundamentals used to be solid, now they look shaky.
The aforementioned Asset Re: Copper displays a possible bearish intraday set-up. All things considered (Methodology, + Risk strategy), should this set-up become validated, this trader will revert to correlated assets i.e., XAUUSD and co-correlated assets of XAUUSD i.e., XAGUSD, AUDUSD, NZDUSD, EURUSD and GBPUSD, for similar set-ups and entries within the annotated...
BTC keeps getting denied at the centerline of the main downward channel. When the upward channel that's been in play since November 21 intersected with the main downward channel there was a steep breakdown. Now I believe we will finish out the H&S as drawn until we reach the bottom of the upward channel on Thursday. Then there will likely be another dump down to...
On the daily chart, The DXY holds in a powerful resistance zone; there is a 200DMA, monthly resistance, weekly resistance, and a supply zone with a 38.20 Fib. In the 6-hour time frame, we have two reversal patterns, with a divergence in the MACD. We may see a head and shoulders pattern if a candle closes above 105.74, as shown by the yellow arrows on the hourly...
SPX500 is facing strong resistance, 1 - touching a trend line that started on January 22 and touched again on March 22 and August 22. 2- A touch of the 200-day moving average. 3- Touch the ascending channel's top trend line. 4- Entered and exited a supply zone. On the 4 hour time frame, I see a head and shoulder pattern with a divergence on the MACD In order...
This will be my last try, I want to sell this inflating token for btc, H&S
That will be very good friday for bears. You will see very soon
this is bullish for stocks, expecting a nice bounce in $spy, $qqq, etc with the breakdown from the $dxy h&s
Taken this inverse head and shoulders pattern and hit first targets at 0.6779 Look to take 2nd targets at the high 0.6833 Already in a risk free trade lets see how this one plays out
A potential inverse head and shoulders pattern on the chart (not the prettiest, but whatever) and on the RSI as a possible sign of a reversal. Let's see if price can rise above the neckline around 415 HUF, if so: Buy in: above ~415 HUF TP: 433 HUF Time interval ~1-3weeks Fundamental background: The European Commission has concluded that Budapest has not...
EURAUD forming reversal pattern of head and shoulder on 30M and 1H timeframe . If it breaks neckline with volumes it will be going downwards to 1.53000.With proper stop loss traders can take a short sell ride from here