As you can see, the price was able to break both the neckline and the wedge line at the same time, which means that the price can rise as shown in the chart. ✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit...
It seems that Dogs are forming a head and shoulders pattern. If it keeps the low on the head, it can go up.
What do you think? Are we gonna go kiss the 2021 highs once?
SPECIAL TRADE!!! Market structure bearish on HTFs DH Entry at both Weekly and Daily AOi Weekly Rejection at AOi Daily Rejection at AOi Daily H&S Pattern (Retest of the Neckline) Previous Daily Structure point Around Psych Level 0.83500 H4 Candlestick rejection Rejection from Previous structure Levels 7.84 Entry 95% REMEMBER : Trading is a Game Of...
Price is retracing back towards the High where it previously Sold from. Once price gets back to the zone, I'll wait for my entry confirmations inorder to get into a SHORT position
This Stock has been consolidating between 100 and 140 for 2.5 years now in a rounding bottom pattern, in daily Time frame it has stayed above 127 resistance. Breakout above 139-140 on daily/weekly close. Keep in watchlist. SL below 120.
Here I have AUD/USD on the Daily Chart! From Friday's High @ .67672 to its Low @ .66597, we can see we get the Confirmation of a strong reversal pattern with the Break of the Neckline of the Head & Shoulders! Now what I'd like to see off the same High and Low of Friday is Price give us a 38.2% Retracement of the Low & Pullback to test the Neckline for potential...
NZDCHF formed 2 bearish price action patterns on a daily. I see a bearish breakout of a support line of a rising wedge pattern and a violation of a neckline of a head and shoulders pattern. The pair will most likely drop lower soon. Next support - 0.519 ❤️Please, support my work with like, thank you!❤️
The USD/JPY pair has been forming an inverse head and shoulders pattern over the past five days. This bullish reversal pattern suggests a potential shift in the trend. The difference between the head and the neckline is approximately 208 pips. A break above 143.77, which is just above the high from Monday, September 9th, could trigger this pattern. If confirmed,...
Bitcoin has hit a short term resistance and has multiple support level as well. This is wait and watch situation to see which way #BTC moves from here and then we can look for a trading opportunity.
USDCAD is forming a mini inverse head and shoulders pattern that has developed over the last three days. A break above 135.80 could push the price up to 136.02. The short-term trend remains bullish as long as the price stays above 135.45. This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other...
🔍 Technical analysis: Ascending diamond pattern - According to the latest analysis presented , Bitcoin made a correction based on the predicted path to the second green box area of the $50,000 correction range. - In the recent modification, a double zigzag has been formed. The second zigzag is a flat correction. According to the formation of an ascending...
This is a short term analysis of #BTCUSD based on hourly H&S formation and trendline S/R.
The chart of bitcoin has drawn a bullish pattern on the hourly chart. Potentially, this is a great buying opportunity. However, I would be very cautious with this, as a diamond formation is clearly visible on the higher timeframes, which usually indicates a trend reversal. In addition, the RSI on many timeframes indicates bearish divergence (and especially the...
NYSE:A Agilent Technologies, Inc. , listed on the New York Stock Exchange, gives the impression that it wants to continue the correction that began in September 2021. Indications that short is the right direction are the gap of May 29, 2024, which was closed on August 22, 2024. An SHS formation and the strong rise from the upper channel resistance are also...
Filecoin may be forming a giant inverse head and shoulders/triple bottom. This is granted that we don't bust through the low 2.00ish area and get price discovery to the downside. I would be buying as low as the low 2.00 area, and as high as 5.00-6.40. Unfortunately, I don't think that this market cycle is going to be as strong as the others, so we may only see...
The Nasdaq semis NASDAQ:FTXL is forming a head & shoulders top pattern and the Nasdaq NASDAQ:IXIC is forming a cup & handle Is key that the Nasdaq respects this support area where it converges with its 200-day MA The semis weight +8% in the index so is a very important component Are you betting against this?