GBPCHF may drop from a key horizontal resistance. The price formed a head and shoulders after its test and successfully violated its neckline. The pair may drop at least to 1.139 support. ❤️Please, support my work with like, thank you!❤️
yesterday i had two amazing bull runs with USDCAD and GBPAUD taking my acount balance from $102 to $469. This morning during london i entered two seperate positions which was EURCAD and EURJPY. Both trade were in profit until after london then we got a huge move down causing mme to close at a -$78 loss. The account balance is now $361 and ive entered EURCAD for...
The exchange is obviously growing with Binance now sans CZ and a knock off puppet installed in his place. We don't have a clear cut continuation inverse head and shoulders , due to the nature of where the neckline is, in comparison to the high's But I still think this pattern will actually deliver the goods in terms of hitting this price target Good Luck
The idea is shown on this 120 minute. With the new sticky inflation data, the writing is on the wall. Likely the rate cut will be kicked down the time road. When is in consideration may be a rate hike in the meanwhile. Mortgage rates unchanged makes the banks suffer. Loan applications are down. Treasuries are being affected. So are tech stocks that have a...
Hello Traders ! On Tuesday 2 April, The USDCHF Reached The Resistance Level (0.90848 - 0.91126). The Price Formed a Head and Shoulders Pattern. So, Let's Expect The Bearish Scenario: If The Market Breaks The Neckline (0.89999 - 0.90161) and Closes Below That, We Will See a Bearish Move📉 TARGET: 0.88980🎯
The recent drawback on VZ sets it up for a potential head and shoulders and a trend reversal. I will be watching for pattern completion before entering a position :)
Thanks to @TORNADOF5 for reminding me about this. A friend sent me a tweet last night about how banks are levered up on debt and that prompted me to look at the chart of KRE. As you might remember, AMEX:KRE was one of the worst performing ETFs at the beginning of this year with the failure of a ton of local banks. But since earlier this year, I haven't...
A H&S has formed on the daily chart, this time it has broken below the neckline that has been succesfully retested with declining volumes during the formation of the pattern. So far a textbook H&S contrary to the previous one i published who never broke below the neckline. The potential drop of roughly 20% would be right on the 19$ GAP area and right around the...
This is what we should see going forward if we want to continue with a healthy move up to retest orange tapered selling and beyond. Happy Trading :) - TraderDaddyOG
When I put out a video of this last week, the main reasoning was our sell-side tapering and clear liquidity building within our tapered orange selling channel. We are now well on our way toward a HTF breakout and have a fully bullish outlook. Happy for all who joined me on this move! Happy Trading :) - TraderDaddyOG
Hey Traders ! On Monday 1 April, The GBPUSD Reached a Strong Support Level (1.25660 - 1.25002). The Price Formed an Inverted Head and Shoulders Pattern. Currently, The Neckline is Broken! So, I Predict a Bullish Move 📈 TARGET: 1.27820🎯
Alibaba move into a very long downtrend Very probably it will reverse soon At the end of the channel an inverted Head & shoulder is forming right now Check neckline breakout at 78$ and most importantly a close above purple trendline as a final confirmation of the new uptrend
Gold have been forming either a Triangle and or IHS pattern on charts. Gold in worse case scenario can make low between 1890-1928 range and this will be great buying opportunity for long term. If Gold manger to form any one of the pattern above the ultimate target will be USD2311.
As we can see on hourly timeframe that head and shoulders pattern has been formed on XAUUSD. so we can plan long positions accordingly.
According to the analysis i did on nadaq100 i foresee a bull run coming during CPI. Price has been trading within the bearish channel and found strong support level 18 000 mark and within the barish channel we found a inverse head and shoulders, currently am waiting to see price breaking out the channel and testing it then push o the upside.
I strongly believe that Mr USDCHF is getting ready to go down the rabbit hole of downtown. Monthly = Bearish Weekly = Bearish Daily = Bearish Currently swimming in the daily bearish OrderBLOCK I can see a head and shoulder pattern too Do I need say more?
A break and close of price below neckline on the 4hr time frame would indicate a selling opportunity for this pair
Stock has H&Sh weekly (even monthly) pattern. For now DDOG confirmed Support lvl as a flip. (118) I want to see that base (118-139) being formed. After that it might give a perfect opportunity.