Sell it. It's painfully obvious. Don't know if we'll get the chance to short but short $180 if it bounces. Could only get to $167.5 or just continue straight down. Sell now if holding any spot.
Pay attention to the closures that may occur below 90.70, the targets are determined according to Fibonacci.
The tobo structure, which is seen as both a return and a Continuation formation, is also seen in this stock. The neck zone broke above the one-year price action and successfully retraced. The expected rate of return is 25%. If Stop Loss is followed with ATR, much more solid gains can be obtained.
2 entries. Wick/ order block the swing high putting my stops above the high and another entry opportunity Head and shoulder pattern break of the neckline. Targeting the Lows /demand zone.
1) ETC seem to be forming a nice H&S on the weekly chart with potential target of somewhere around 183 and intersecting a double top from last cycle 2) once the stochastic RSI cross the 20 line it should get interesting but also need to break that channel and test as support.
CRYPTOCAP:DOT after getting rejection from 10B marketcap polka dot seems to be forming an Head and shoulder pattern on 12 hour timeframe could be seen on other lower timeframe as well. the point I am trying to make here is next month is September. which is not really good for for crypto statistically speaking. (though anything could happen) I am looking to...
Let's wait for a close above 1780 USD. Targets are determined according to Fibonacci.
Wether this is a cup and handle or an inverse head and shoulders, it'll get us to ATH by the end of the year.
It feels like we could see a retest of the middle or the bottom of the channel soon, before a move in the other direction with the resistance overhead.
Let's look for closures where I indicated with X. The targets are determined according to Fibonacci.
Nasdaq Index formed a huge head and shoulders pattern on a daily. Its neckline was broken yesterday and the market closed below that. It may initiate a bearish continuation. Next supports: 10900 / 10700 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
InvestmentPick MAHINDCIE Inverse Head & Shoulders Pattern Already gave buy @ 263_267 & active from 267. Now breaking out of Inverse Head & Shoulders Pattern. MCB above 316 will be confirmation of break out & its pattern tgts - 460 / 560. Long-Term Tgts - 650 / 780 / 990
CME_MINI:NQ1! A Head and Shoulders pattern was identified on the 4H timeframe. This pattern was identified in confluence with a bear flag pattern on the 1H timeframe. Price then broke just below the flag. I believe that NQ will see more downside. After I zoomed out further, I noticed that we spiked from a demand zone November 10, 2022. Perhaps NQ will retrace...
Just a bullish idea. If the CPI and the FOMC come in with bullish influence, this 5th wave looks possible. See my previous post for a bearish perspective.
The anticipated formation is now a complete pattern, from here we should expect a bullish market. The first tp is at price 93.735. If the market violates our stop order and continue with this bullish momentum, then price shall resume to the upside until 95.772… Let's keep a close eye on this pair...
A different perspective for my same call to .44cents 0.618 golden ratio fib extension. Inverse Head & Shoulders Pattern Forming on the 4Hr Chart. I think we are due for a reversal very soon...
• Potential inverse head and shoulders • Bullish reversal pattern forming after a downtrend bottom • Expect right shoulder to have a higher support than left shoulder • Therefore, a retracement to 1.20 or 1.19 expected before the upside breakout • Breaking the left shoulder's support around 1.17 invalidates this pattern • Upside target is projected based on the...
Head and Shoulders failed to play out, short covering into resistance, market is shittin the bed from termal rate increase on FOMC. Mean reversion in bound from the volume profile and retail chasing the 23+% pump. Short back the neckline for confirmation before further down spiral.