1h TF Seem Inverse Head Shoulders being happened, just wait for confirmation after break the neckline at 2.77 Wait...
EURCAD has formed inverted Head and Shoulder with strong bullish divergence. As the buyers are getting bids with this confluence. If the sell pressure resumes and buyers gets active the optimum target will be 1.47500
AVAX broke 50 psychological level and appears to be correcting. We can expect few more correction up to 40. SL at 35 Targets would be 58 and above.
ADA ( CARDANO) Potential for a 20% Drop ! We are observing a head and shoulders pattern on the 4-hour and daily timeframes. This pattern could activate if the 0.59 to 0.56 cent support zone is breached. In this scenario, we could see a 18 to 25% drop in price. Key Factors to Consider: Confirmation of Pattern: The pattern should be confirmed with a break below...
Gold is currently under pressure at MA5 (2252-2254). If it breaks through, focus on the resistance of 2258-2263, and the support below is 2246-2241. If it falls below the support, consider the 2226-2218 range. If it falls to around 2226-2223, you can try to trade long and pay attention to controlling the position. The rebound resistance will be concentrated at...
Buy GNFC and hold for longter - rocket - buy on dip
NSE:SAIL has formed Inverse Head and Shoulders in weekly chart and has successfully given breakout from Triangle taking support from 0.618 Fibonacci and if we check weekly chart it has also broken Ascending triangle pattern. With current Fundamentals and Technicals NSE:SAIL looks strong and ready for one leg up around 160 and 180 in next few months and...
ECB Dovish Stance Recently, the ECB adopted more of a dovish stance. ECB President Christine Lagarde noted that the eurozone’s economy is in a disinflationary process and added that inflation is ‘making good progress’. Lagarde added that they are confident but ‘not sufficiently confident’ and commented that additional data is needed; more will be known in...
Timken's stock has recently been on a downward trend but is now displaying indications of a potential recovery. Analysis of the charts reveals the formation of an inverse head and shoulders pattern. This could make it a candidate for swing trading, with the initial target set at the 200-day simple moving average (SMA), followed by the upper trend line....
Gold Price has been primarily bullish. Expecting some bearish price delivery with price below 2270, 2 positions taken. Target at the neckline of the structure around 2232.
Buy above first yellow line and target is mentioned !!! All these are intraday trades, SL 1416 Hello All, The recommendations are purely for educational purpose only, consult you financial advisor before trading. Targets are mentioned in charts (either red lines or balck lines), keep Stop Loss as per your risk.. If you like my Idea, Don't forget to Boost and...
Soon we will see the strong supply of this currency up to the range of 0.01 $
Silver is forming bullish pattern !!!! I am expecting a huge movement in coming days !!!
Bullish Flag has broken the resistance. Inverse Head Head and Shoulder's NKLN also broke out Change your color Theme to "Dark" if you cannot see the lines and text on the chart
The inverse head and shoulders chart pattern is a bullish chart formation that signals a potential reversal of a downtrend. It is the opposite of the head and shoulders chart pattern, which is a bearish formation.2 The inverse head and shoulders chart pattern consists of three (3) troughs: the first and third troughs are roughly equal in depth and are known as...
BTC dumping towards 60k in the first week of April before halving.
Similar situation to January: we had BTC trading in a range for a few weeks, then briefly breaking below support, with people calling for targets in low 30K, which turned out to be a fakeout, and a new swing trade bottom. Look for BTC to bottom in the yellow circle early next week. Additionally, let's see if the blue channel I drew is valid. Price touching the...
The GBPAUD recently broke and closed below a support line in a bearish flag pattern on an intraday chart. This could potentially lead to a trend-following movement. The next targets to watch for are around 1.929 and 1.925.