The inverted head and shoulders pattern I shared with you earlier is playing out as planned. Feel free to enter long positions on retest of that falling wedge now that price has broken out. Good luck and happy trading :)
Tesla shares were driven lower during after-hour trade following their Q3 earnings report, despite Elon Musk later touting a “record breaking Q4”. But let’s keep is simple and look at a potential multi-month reversal pattern on the monthly chart, and Tesla’s potential to break lower this week. Sometimes you really need to stand back to admire the view, and the...
$TSLA multi year head and shoulders here looks like bad news for the general market if it is confirmed with break lower tomorrow post earnings on heavy volume.
Despite the volatility, TOST is still showing superior relative strength to the market, now trading 66% above it's June's low of $12. A golden cross (50day MA crossing above it's 200day MA) might be happening soon, plus it is also trading close to the neckline of now a more apparent inverse Head & Shoulders Base. Perhaps these are signs that earnings (expected...
Trendline Breakout Inverted Head & Shoulder Pattern Formation Biased: Bullish Series of HH, HL Watchout for the formation of HL (Retest) Aggressive entry can be taken at current level (106.2) Safe entry can be taken after formation of HL Trade with SL, Target Prices (fib levels) are mentioned, Ride the trend with trailing stop loss
I am a little skeptical of this supply zone but it has kept price up once before | Buy for the QM pattern!
Bottom blue levels indicate monthly support. Market reached support, also fulfilled Daily Fibonacci "D" extension. Anticipating market movement towards monthly resistance (after Fibonnaci extension hit market begins new retracement phase). Monthly = Direction Daily = High or Low price 1Hour = entry According to daily timeframe we are at a low price, still forming...
Here is another possibility now that I am seeing that Inverted H&S pattern. I am not saying do not short, but I am seeing bullish confirmations should the neckline of this pattern be retested and respected. I still remain long until proven otherwise. Good luck with whatever direction you take :)
BTC formed a head and shoulder pattern (bearish) on the 1 hr TF. BTC needs to take out 20k to rule out this pattern to become bullish. DXY was steeply rejected in the morning and indices pumped real fast but BTC was lagging behind, however alts did pump. Let’s watch.
A recent Breakout has been observed on the weekly timeframe of City Union Bank. And as per the setup a 32% upside can been seen in near future in the stock , so don't miss the train. Disclaimer: above trade is for educational purpose only, please consult your financial advisor before any trade...
Quant seems to be leading the market. Continuing to pump before the other cryptos and making its way towards a potential new inverse head and shoulder neckline. Of course it doesn’t have to find resistance at this neckline, but there is good probability it will…if so it should give us a great idea of where it’s next measured move will be once it breaks above the...
Inverse H&S in Play. Measured move is the target. Seeing some decent volume as price approaches neckline
That was incredibly fast with practically no correction in between the last 3 targets we’ve hit. What’s interesting is the correction wick started forming at around 225 which essentially caused us to form another potential inverse head and shoulder pattern. This pattern is still very speculative considering we haven’t even began to form a right shoulder yet and...
We have hit our recent target and now set our sights on the $221-224 breakout target of the inverse h&s pattern with the white neckline. Often times we will se a slight correction or consolidation in between going from hitting one breakout target to hitting the next. However, sometimes price action can just keep pumping until it hits both targets. As of now, we...
Looking for more rejection on and around 0.97 for a push to the upside.. I do think price can make a bit of a long term consolation from around this long term support... Be patient as always! trade smart and keep on top of risk management before entering any trade! Hope everyone has a good week
CADCHF reached a falling trend line on a daily last week. Approaching that, the price formed a head and shoulders pattern on 1H time frame. Its neckline was broken on Friday. I believe that the pair will keep falling. Goal for sellers - intraday rising trend line. ❤️If you have any questions, please, ask me in the comment section. Please, support my work...
Litecoin on the 4 Hour seems to be preparing to reverse trend and target the 54 dollar level at a minimum if we get really lucky it will go all the way to 62 before slowing down again. On a sidenote the RSI is developing a Bullish HnS.
Hello everyOne I Have Tried My Best to Bring the best Possible outcome in this Chart. By reviewing BTC price movement's and correction in longer time frame, As we can see price hit's many time to our solid demand zone and by collection good Market liquidity can made huge movement's in next time's. And by reviewing some top exchange's order...