Heads up: Head and Shoulders seem to be forming on the daily chart. I am still waiting on the right shoulder to form as confirmation. Furthermore, we bounced off the upper highs trend line, so I see a strong indication of going up. I am building this chart on my previous idea:
A return move to previous high's is what the inverse head 7 shoulders is forecasting. Which is likely to happen in the next couple years. 30 years to get back to those levels! An entire generation! It's why deep capital markets , technology, having the reserve currency $, some financial doping, an entrepreneurial workforce, and degen investor base all...
I would love to see this company get #REKT It is a net negative on western society and our children. Went Woke now growing Broke. Any serious scandals that emerge regarding child abuse , trafficking, could send this company to the brink ... let's hope hey.
Budweiser chart looks constructive expect some Clydesdales advertising over the summer with strong American branding! The outrage over the recent debacle will pass as thee news cycle has already passed :)
BINANCE:BTCUSDT 4H Analysis NOT FINANCIAL ADVICE TL;DR BTC continues moving downwards towards the 60k mark. A bounce there would validate the IH&S pattern and open the way for a W3 to 71k. We have a lot of confluence: On top of being the right shoulder of the IH&S pattern, a retrace to 60k would be 0.618 fib of the last leg up We are seeing some...
BTCUSDT Head & Shoulders formation on 2h chart. If the neckline is broken, we will take entry. Invalidation if neckline is not broken. SL: 64392
I am expecting a pullback trade from the current daily support level where the market is now. If we analyze the 1-hour chart, a head and shoulders pattern has formed, and the pattern neckline has been broken upwards. We will take the trade on the retest. Buy limit 1.0962 Sl 1.0945 Tp 1.0982 and 1.1002
During the day you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation. If you expect any medium-term price movements, then most likely they will start from one of the zones.Relevant to use as a location for installing TP. Levels are valid throughout the day,...
4h - still within bearish internal range tomorrow I am looking at bullish towards the 15m FVG and then price could continue upside or go downside towards the 2h first low area to clear out sell side liquidity for the rest of the week. 1h WIP bearish H&S
We have everything in place… A double bottom A channel down breakout An inverted head and shoulder forming out
BINANCE:TRXUSDT (6H CHART) Technical Analysis Update TRX is currently trading at $0.12346 and has formed a inverse head and shoulder pattern. Price is currently around the resistance line, if see a resistance breakout then we have potential for a good LONG Trade. I will wait till we have a confirmed breakout of the resistance and enter the long trade only after...
Not financial advice. NASDAQ:HRTX possible inverse heads and shoulders. broke the downtrend line. will see if goes up to complete the neck. Like and subscribe for more ideas. Thanks.
GBP is looking good across the board. I think in this case the inverted HS is not done, this is just a retest. Very low risk on this trade and good reward. The pair just landed on a support area (broken resistance) and looks that is going to accumulate and then bounce up. SL triggers is the support is broken by a weekly candle.
Reasons I went Short Weekly Bearish Daily Bearish Weekly bearish head and shoulder Daily EMA confluence with AOI Respecting 61.8 FIB Daily Bullish Engulfing 1H bearish Entered at 05:59
Inverted Head Shoulder pattern formed on weekly chart of SARLAPOLY. A weekly closing above 76 will give further good targets of 85,90and 100 in medium term.keep ur eyes on the stock
Metaverse play Looking good for a decent PUMP You have your older metaverse projects But high street is fresher play for this cycle should have periods of high growth.
✅ Bitcoin moved as I expected in the previous post . 💡Currently, Bitcoin has reacted well to the 🔴 Resistance zone($65,650-$64,200) 🔴. 🌊According to the theory of Elliott waves , it seems that Bitcoin has succeeded in completing 5 impulse waves and now we have to wait for corrective waves . 💡Also, we can see Regular Divergence(RD-) between two...
In this chart of BINANCE:BONKUSDT , the coin is forming a head and shoulders pattrern, citing a possible bearish move for the coin on a day trading perspective. But why am I bullish for the coin? More details on the idea thread below.