Waiting for confirmation break of neckline support line. Target previous support of 82.65 NASDAQ:SBUX
Alibaba’s downward price probably stalled @ 1) Demand Zone 2) Right shoulder of reverse head & shoulder pattern.
USDJPY has formed a Head & Shoulder pattern. Could we make the move down? Let's see how this plays out!
ADA has created an Inverse head and shoulder pattern which means a great bullish trend is on the Horizon. If the price follows this pattern's expected movement,we shall see it reach 0.70 pretty soon or at least in mid term duration. The expected movement is as much as the measured price movement ( AB=CD ). The Break out has not Happened yet. _ _ _ _ _ _ _ _ _ _ _...
The big recession will have impact for price of crude oil. Short from retest (73-74$) to ~40$.
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Tesla stock is about to create a quite nice inverted head and shoulders with the neckline being exactly at the $220 area. You can also see that market structure is currently bullish, we just had a rally followed by a healthy correction...
Traders, Check out this inverse H&S pattern spotted on TOTAL2. Looks like altcoins might be preparing for a bit of a pop here soon. Stay tuned to this! Stew
DXY just printed an inverse head and shoulders pattern on the hourly right on the .236 fib
Tesla has been in down trend since last year but now it is forming a nice Inverse Head and Shoulders Pattern and it has already retested from 0.382 Fibonacci level. If the Higher High is broken then the bearish trend will be reversed completely.
Dear Trades This is my first Idea for USDJPY. I hope this analysis is correct. Please tell me your opinions.
$HYG looks like it's about to fall. There's a H&S pattern forming on the 4Hr timeframe and price just rejected the 200DMA. Should price break support at $73.05, I think we'll see a quick move down to the $69 region, maybe even lower. I've taken some puts just incase this plays out.
The pattern is head and shoulders in previous hours it has shown divergence thus there are wide chances that it will show downwards trend.
NSE:ICICIPRULI it can make head and shoulder pattern in 15 minute, but dont jump before retracement below 415 it will form . if took proper support and make a bullish candle then we should wait for buying
As you can see on the charts that it has created a Head & Shoulders pattern on Weekly timeframe Their are 2 possibilities 1. Break of Neckline and Continue dropping 2. Making W Pattern on weekly timeframe and turning bullish
Immutable has been moving between two 🔴resistance($1.3-$1.8)🔴 and 🟢support zones🟢 for about a year. Also, Immutable failed to execute the Inverted Head and Shoulders Pattern correctly, and it seems that the resistance zone break was accompanied by a 🐻bull trap🐻. I expect Immutable to go down again to the 🟢support zone($0.78-$0.$0.63)🟢. Immutable Analyze (...
BTCUSD making Inverse Head and shoulder BTCUSD Breakout the neckline of inverse head and shoulder and now the next expected target is $48K. Hold and weight
Today's results look like they will invalidate the H&S top which started forming in early 2017.