It looks like on 15M tf ideally formed Inverse H&S to jump back at 52-53K levels and then back in parabolic trend on 1D time frame to challenge 55-56K
GMT after forming inverse Head & Shoulders is going up. 🔵Entry Zone 0.2712 - 0.2618 🔴SL 0.2479 🟢TP1 0.2924 🟢TP2 0.3289 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please...
Is US100 exhausting at resistance zone? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing head and shoulder pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 17370. What you guys think of it?
Hello Traders ! On The Daily Time Frame, The AUDUSD Reached a Strong Resistance Level. The Price Formed a Head and Shoulders Pattern. Currently, The Neckline is Broken ! So, I Expect a Bearish Move📉 ------------- TARGET: 0.63700🎯
As We Talked in The Previous Analysis: The Price Formed a Head and Shoulders Pattern. The Neckline is Broken ! Currently: The Price Pull Back to Important Structure. and it Will Continue its Bearish Movement. TARGET: 0.63700🎯
Hi. BTC has created an Inverse head and shoulder pattern which means a great bullish trend is on the Horizon. If the price follows this pattern's expected movement,we shall see it reach 46k pretty soon or at least in short term duration. The expected movement is as much as the measured price movement ( AB=CD ) . We might even see a correction one more...
I am following NIO with one eye, now switching to two eye. Even though NIO could have a bright future for the long run (years), I see more downside incoming. The formed head and shoulder within the symmetrical triangle broke to the downside (breaking also the triangle), and as expected retested the HOS neckline (and the triangle). As expected, it got rejected,...
I've been looking at this inverse head & shoulders pattern for a couple of weeks now. Now that PEPE has reached the bottom purple support area, it might be the perfect time for a long-term entry. Ideally, we wait for the price to confirm the pattern and break through the neck-line first. However, an entry from around the purple support has a higher risk-reward ratio.
CME Australian dollar futures have pulled back to the neckline of the recent head and shoulders pattern, which presents bears with a formidable selling opportunity. Recent strength in the USD has certainly been a boon to Australian dollar futures, and with the influx of encouraging economic data in the U.S.over the past few weeks, it appears likely that...
Hello Traders ! On Sunday 28 Jan, The USOIL Reached a Strong Resistance Level (78.64 - 79.72). The Price Formed a Head and Shoulders Pattern. Currently, The Neckline is Broken ! So, I Expect a Bearish Move📉 ------------- TARGET: 72.70🎯
ACGL - Arch Capital Group is showing a slight bearish divergence on the weekly chart, and what could potentially be a bearish head & shoulder's pattern. I bought the March 15 Puts at $0.75 cents expiring March 15th 2024. Good luck!
MARUTI !! Broke Head and Shoulder Pattern and re-test done. size of cup can be next target
Tesla is still into a complex correction but among all the possibilities coming forward, the 2 that stand apart right now: The 1st one is the potential reversed Head & Shoulders (where the current level around $190 would be a great entry point) with a target in the $500 area or the large triangle with a target in the $565 area. The 2nd one is the large...
After monitoring this one for very long, we are finally seeing some breakdown attempts near the neckline zone. As we broke that zone, we also went for a re-test, which is currently showing bad signs. But we are not rushing and we are getting ready for a potential position here, which means that if daily candle closes again below neckline zone, this would indicate...
DOT coin is back on our spotlight with a great format forming here (head and shoulder pattern) While we see good potential for this kind of movement, we still need to fully form that right shoulder, which can also be good for some short-term selling positions! But as always, our best entry relies on that neckline zone, which we are looking to break sooner this...
In the 4h chart it rebounded after broke down the neckline of the H&S pattern But it broke down the triangle in the 4h and we can set the SL at (0.7379) to get better R/R TP1: 0.6170 TP2: 0.5755 TP3: 0.5311 TP4: 0.4867 TP5: 0.3428
FINNIFTY after shooting up high from day's open was forming a H&S pattern and the down surge in price confirmed it. It demonstrated a classical text book example by creating higher highs & lower lows ultimately breaking down & giving a great shorting opportunity.
USDJPY was in distribution phase after a bull run. Created a divergence on RSI and now created a head and shoulder for reversal. Broke the neckline of head and shoulder and is expected to go bearish. It was accumulated and then went for bull run and getting dropped after the distribution phase.