Uber is dropping hard today. Horrible looking island and head and shoulders pattern.
It looks like crude oil making a good head and shoulder pattern if it breaks the neck line go for buy
I will give the name CHIPOLETE. Overprices alr4eady above the sky. Chipolete your destiny trendline down . Short this mtf
As you can see here. I'm awaiting shortterm a further bearish movement. Perhaps touching the 200's SMA. After this I expect a sharp rise in gas going into the seasonal peak time for natural gas.
Currently testing the neckline on this multi year head and shoulders pattern.
According to invert chart of Bitcoin, I believe it is doing a Head and Shoulder pattern which can rise until the neck line (40-49K) at first. Then back to right shoulder at 31K and then continue to the trend at 68K. There is a logarithmic resistance (blue line) as well.
Let's make a multi-timeframe analysis of EUR/GBP and closely observe the situation that we currently have. Firstly, looking at the DAILY timeframe graph, it can be noticed that the price has formed a massive Head&Shoulders pattern, which is a clear SELL indicator. Next, zooming into lower timeframe charts, in this case the 3H-timeframe graphic, we can clearly...
Trade Idea: Buying BTCUSD Reasoning: Weekly bullish hammer & inverted hammer shows signs of downside stalling. Short term inverse head & shoulders formation targeting a move to 20000 Entry Level: 19439 Take Profit Level: 19839 Stop Loss: 19339 Risk/Reward: 4:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both...
The techs are lining up quite nicely for CPNG so far with all 3 moving averages (20,50 and 200) about to cross up in the right order. A break up above the neckline @ 21.35 (esp with solid volume) will be a good buy point. However, it is probably prudent to test with small amount first and add if it pulls back to retest near the neckline (or pyramiding up is ok...
Inverted head and shoulders turned into an ascending triangle at resistance. This is a bullish setup I will be keeping my eye on.
stock could reach its previous resistance(1020). currently for short term, going long.
$BLNK seems to be in a falling wedge (bullish) at the moment which can lead the price back to $25-26 zone. We may see a push towards $17 before the stock attempts a break out of the wedge. If that plays out well, we might also see the right shoulder completing -- a bit too early but good to keep an eye. Next few weeks seem interesting! Disclaimer: This is not a...
If we can handle the 76.50 and not close a 4h candle above that then we good to go down in maximum speed))) Disclaimer The contents on this site are for informational purposes only and do not constitute Financial accounting or legal advice I can't promise that the information shaded on my posts is appropriate for you or anyone else, by using the site, you agreed...
#BNB/USDT $BNB seems to broke out from neck line of inverted head and shoulders, and still hold above support zone. 🐮 holding this support zone will increase price toward parallel descending trend line of neck line and break out from this trend line will increase price to touch resistance zone around $440. 🐻 break down from support zone can drop price to...
-Overall the DXY appears bullish, so I'm looking to buy USD pairs -On the Daily TF price ended in a reversal candlestick after a bullish push -Expecting price to make a retracement that would ultimately test the neckline of the previous double bottom - A retest to this area would possibly complete the right shoulder of an inverse head and shoulder candlestick...
Bearish Inverse head & shoulders formation. Retest neckline “A winner is just a loser who tried one more time.” Cheers and happy trading!
Four-hour H&S top: After the price fell below the neckline, it tested the support price 0.2109 three times and did not fall below it, forming a box with EMA200. If the price can break through EMA200 and 0.2307, CHZ has a chance to come to 0.2496, which is also the resistance price near 0.2505 (0.618). - Daily chart: If CHZ breaks through 0.2496, there is a chance...
Its not particularly a strong shape but a head and shoulders look appears on this chart of Bitcoin. In addition 20k does seem to acting as a resistance level at the moment.