Daily chart, Bitcoin is forming a bearish Head-Shoulders pattern, the pattern has not worked out yet, the price should fix below the inclined horizontal line - the Head-Shoulders neck
USDJPY on the daily shows multiple rejections and it broke out of the ranging market to the downside, also on the daily time frame you can see a head and shoulder pattern to the downside this is my analysis take it with precaution 8:1 risk ratio
Inverted Head and Shoulders BO Good upside expected in short term
I don't want this to work out, but it can happen. Potential down to 45000 from here if that right shoulder forms, based on a measured move. These patterns don't always manifest, and even if it does, not 100%.
ICICIBANK - Looking Bearish = Head and Shoulder pattern forms at the top, we expect trend reversal. 3Cr Rupees penalty by RBI also indicates the down move. For Educational and research purpose only.
Due to the formation of the head and shoulders pattern, AUDCAD is expected to approach the range of 0.95 after breaking the neckline. If you like it, Please Follow me
A potential inverted Head & Shoulders is forming on FVRR with neckline current @ 131. A break of this neckline could see an eventual move towards 188-190 (inverted H&S target). Let's see if this move materialises! Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according...
Hello traders, Here is an update on Bitcoin on the 8 hour chart of Bitcoin. The head shoulder formation is still active and intact. The neck line is slightly more accurately placed now. As I mentioned earlier, violent pullbacks are quite normal in this volatile market. In the process, a Demark 9 buy signal for the short term also came in. I am still bearish on...
After a free but slow fall to 0.8473, we see a return of prices. But it is in a resistance zone, with which the price situation should be determined. As you can see in the analysis, a head and shoulder pattern is forming. But this pattern has not yet been formed. We have shown the possible hypotheses in the analysis.
I believe that we have finally reached the end of this long uptrend, and ending this accumulation phase with the explosion of the Head and Shoulder Pattern, reaching 1.29037 if we count the breakout from the current point, or a little lower if the Throwback occurs. In any case, the hypothetical final achievement (if fundamental analysis does not bring about...
As we can see on the weekly chart, the current trend is marking a deep reversal determined by the rebound on the dynamic trendline of the upper edge of the channel, as well as by the "Head and Shoulders" pattern. It will take many days for the breakout to occur, but for lovers of Positioning Training, this is an opportunity not to be missed! After the breakout,...
hi guys. after a committed and consistent study of the AUDUSD pair, structures and patterns are finally coming into play, we can see the formation of a head and shoulder pattern on the daily time frame, my team and i are watching out for this trade and waiting for a sniper entry on a lower time frame. wait for a bearish confirmation and short AUDUSD... note this...
Bearish Head & Shoulders on the EURAUD pair. You can sell on a market order. Stop Loss above the head of the pattern with a few pips to spare in case of volatility. Take profit 1 at the AB=CD formed by the head, neckline, right shoulder and take profit 1 target. Take Profit 2 is the height of the pattern extended downward from the neckline. Good luck! Feel...
Hi, here you can see that TCTUSDT is recovering after the fast drop for BTC in the last weekend. You can see that we have a head and shoulders pattern before the down trend directly, if you ware lucky enough you could close the position at that time. For the main time we have a critical zone between 0.056347 and 0.057598 that I wish that we can pass it fast so the...
Ashokley Short Sell=126.20 SL=136.45 TG= 106
We see a formation of a bearish Head & Shoulders on the USDCAD currency pair. We place a pending order (Sell Stop) below the neckline. Take Profit 1 is point D of an ABCD harmonic pattern which can be a possible reversal point. It starts from the Head, neckline, right shoulder and finally TP1. Take Profit 2 is the height of the pattern: Head to neckline -...
Bullish Head & Shoulders on the GBPUSD. We see the formation of the H&S pattern on the chart. Both shoulders rest on the same level. On 15 minute time frame you can see bullish price action at the right shoulder level. Suggested Trade Parameters Place a pending Buy Stop order above the neck line. Place the stop loss below the Head of the pattern. Take...