here the the price made a nice inverted head and shoulder formation and it can go below it if the neck line breaks and i am looking shorting oppurtunities. this is my analysis please do your analysis and dont take any entry based on this and i am not responsible for any loss or profit that you make. (IF YOU HAVE DOUBTS YOU CAN COMMENT)
The bullish channel got violated after the peak at price 6797.7, this is now a change of structure. Looking for market to hit price 6627.1 which is our previous daily high then take a slight upward move to complete head-and-shoulders pattern… From the emerging formation then we can smoothly continue to go bearish until the neckline at 6420.0…
After rejecting price at 1.2340 area and if pass the support from previous high at 1.2150, it could possibly make a head and shoulder formation. Left shoulder (1.2150), Head (1.2340), Right Shoulder (1.2150) theatrically it could be bearish head and shoulder. **note that dxy GDP reported came out -0.6 from previous and last week USA GDP +2.9 ,positive non-farm...
US market is low right now so most probably nifty will open gapdown so act according if market open around18600 level.
A clear head and shoulder formation in tata communication plan trade accordingly..... post for educational purpose only...
Barclays - 30d expiry - We look to Buy a break of 152.62 (stop at 145.44) We are trading at oversold extremes. A bullish reverse Head and Shoulders has formed. Short term bias has turned positive. Prices have reacted from 132.06. A break of the recent high at 152.22 should result in a further move higher. Our outlook is bullish. Our profit targets will be...
Lloyds Bank - 30d expiry - We look to Buy a break of 43.71 (stop at 41.98) Trading has been mixed and volatile. A bullish reverse Head and Shoulders has formed. 43.62 has been pivotal. A break of the recent high at 43.62 should result in a further move higher. The bias is to break to the upside. Our outlook is bullish. Our profit targets will be 47.88 and...
Today Natural Gas is so far down 7%. I can see that there is a strong support zone just under where we are now but if the price heads lower than that we could see the topping pattern of a head and shoulders form.
Falling Wedge Pattern Breakout; Retest in progress (wait for HL formation) Formation of HH and HL (Dow Theory; Bullish trend) Support from 61% fib retracement Entry after formation of HL (50.5) Trade with specified Stop Loss TP levels are specified Ride the trend with trailing stop Loss Manage your risk accordingly
Daily chart - a nice head and shoulders pattern, broken neckline. Some weakness before the test of the neckline. Watch for price action against Bollinger bands and the neckline. Monthly chart - the structure is a nice abc corrective pattern. Trade safe
WTI Crude Oil is approaching a key daily supply area. The market was nicely rejected from that last week. Analyzing the intraday perspective, I spotted a head & shoulders pattern on 4H time frame. 79.55 - 80.2 is its neckline. To short the market with a confirmation, wait for its bearish breakout. We need a 4H candle close below that to make a breakout...
Nifty 18645 a possible IHS in making... would neglect the view if 18600 breaks... Chart is for study purpose only!!!
Just my small idea on FGV. Targeted for a LONG in monthly projection. Wait for confirmation in marked zone before entry.
price broke above 0.67300 ish zone on the weekly and we might revisit this zone for a retest before we see if we can see any buyers come to this zone
hello every one i hope u all have a nice day for BTC/USDT in 4H time frame i see bullish head and shoulder and the target for it around 17710$/ 17522$ and i see also harmonic pattern (butterfly ) and the target for it around 18000$/ 18200$ and in Elliot wave we are in c wave we already hit the min target for c wave and the next target around...
Top down video analysis of UA for the week ahead. Trade what you se not what you think
Quick Update BTC/USDT 2hr #BTC/USDT 2hr ANALYSIS BTC is consolidating in a bullish pennant between the narrow range of $16,812 to $17,120. A solid breakout of the bullish pennant and a break above the horizontal resistance will give a bullish confirmation for a target of $1792. Also Trading above 200EMA