Head and Shoulders

CompatibleTradingSystem

Dear traders, according to the chart, a bullish setup on this pair is forming which could lead it to the break of the falling trend line. Watch this pair carefully.

ericpearmain

This pattern appears to be a inverted head and shoulder pattern ass seen but the 2 outer shoulders and head in between the shoulders along a resistance. Hope you enjoy, wish you all a profitable trade

pejman_zwin

Hi, thanks for spending your time on my posts 🙏. Bitcoin Analyze ( BTCUSDT ) Timeframe 4h ⏰ (sorry for the busy chart, but my chart needed these lines). We saw a great pump for about 1 day and 8 hours 😱 (One of the reasons was for Elon Musk's Group (Tesla) ). Ascent slop was 70 degrees (normal degree is 45 ), so I expected that the uptrend will not...

javierabrahamhdez

So far the 200 MA is holding. If the price drops below and hold in the inverse head and shoulders figure, this could be a nice set up to increase my position in gold. I am not expert, just sharing my ideas.

JoseGonzalez1421

This analysis is NOT intended as a trading recommendation, it is a personal analysis of the price behavior with the purpose of establishing a possible entry... We can evidently see that a shoulder head shoulder pattern was fulfilled and broken at 38620.52, next to it also a break of an ascending Wedge. Now if the price breaks above 40898.56 then 41480.19 could be...

nickolai1301

BTC looks like it has broken above a rising wedge and coming back to retest it as support. If we can hold the support, then higher prices (above 42k) could be possible in the short term (days-week away). Moving up too quickly without a retest may lead to only a temporary increase in prices followed by a more sideways movement which we have been seeing for the...

muhammadnaveed5983

GBPUSD H1 Inverse Head and shoulder Pattern

HendrxFX

GBPUSD tried to make a LH but failed, then formed an inverse head and shoulder. Possible buy with good confirmation. Leave a like and follow for more setups on GBPUSD AUDUSD

FXAutomate

The head and shoulders for this forex pair have been triggered following the rejection of the Weekly pivot. The price targets are 0.763 (Monthly S1) followed by 0.755 (full target). Dynamic stop to be considered 7-10 pips above the 4H 100 SMA (currently @ 0.774)

muhammadnaveed5983

GBPCAD H1 Head and Shoulders

azbest5

There is an H&S pattern forming on the 4H timeframe which would mean further downside. Please also note that there's an incoming dead cross on the daily frame. The good news is that inflation is taking off which should be good for this market.

DollarCostAverage

ret to go

shimmeringpath

Here we have our FET daily chart from Bitfinex and you can see what appears to be an Inverse Head & Shoulders pattern forming .This is good .If that is indeed what it is than we are probably finishing the right shoulder formation now . And the target of that should be our 1500/1600 area again . We thought we might go back there after that Butterfly pattern seemed...

HelioHelix

I'm a noob so please take my idea with a huge grain of salt. We're beginning to break out of the pennant and aiming to begin forming the high point of the right shoulder to complete a larger head and shoulders pattern. Using only trend lines based on the implied direction of the 50 day and 200 day MA you can estimate the price at 42k before that death cross...

FishMunga

After BTC's big flush on May 19th it found support, just below 40K, off the double-bottom of Jan 21st and Jan 22nd. That left me wondering if a 'Head and Shoulders' pattern would form on the daily. On May 23rd I drew an ascending support line (purple) all the way up to the 42K mark - matching the left shoulder high of Jan 8th. Indeed, this ascending line,...

Zanchy

SHORT trade analysis on GBPCHF . Price just started to fall from completed Head&Shoulders formattion . My goal is lower support structure . Trade idea is also shown on RSI indicator. If you liked this idea or if you have your own opinion about it, feel free to write in the comments.

sajchifx

BTC might have formed an HnS pattern, and as we all know it is a high probability prediction.

bahadirkisbet

Hi traders, You see there may be SHOULDER HEAD SHOULDER forming. BTC also about to hit its resistance. That is why I am planning to take short position right here. Stay safe.