AMD Daily chart analysis AMD has been pretty good to me shorting this year. Pretty clean straight forward chart. In two trades so far, +46.22% and +2.81 RR ratio in cumulative gains. See link below for past AMD trades. AMD is now giving us another signal to enter trade short. A very powerful move to the downside is brewing. We had confirmed Head and...
GBPAUD is trading on a key daily structure support. To catch a bullish continuation from that, watch an inverted head and shoulders pattern on 1H time frame. 1.744 - 1.7465 is its neckline. To buy with a confirmation, wait for its bullish breakout (hourly candle close above that), then buy aggressively or on a retest. Targets will be 1.755 / 1.7626 If the...
Ambuja Cement made inverted head n shoulder on smaller time frame(15 min) with good volumes. Could be bought with mentioned stoploss & targets.
Head and shoulders is one of the major and popular patterns that is known as reversal pattern too. here we can expect a dump like the red arrow on the chart if the price stays below the neckline which is the yellow line on the chart. if the price goes above the neckline then the pattern is invalid and the next resistance(major resistance on the char) may dump...
Inverse head & shoulder pattern is under process in titan, as long as titan stays above right shoulder's low. Could be bought with mentioned stoplos & target in very short term with very good risk to reward ratio.
Bitcoin is just balancing on the edge of a huge rising wedge. What's more, there's an inverted cup and handle formation in the middle of it, whose target is the $6.6k level. In addition, it looks like 2023 will be one big bull trap. Rising wedges have it that almost always their lower edge is subject to a retest, followed by a proper (drastic) decline. And...
I'm currently going short with Nas100 right now, after watching it the whole day I realized it was retesting A nearby trendline on a daily chart, and so with this hourly T.F I'm certain that after the retest to that current white support we'll be heading down... wait for price action and use proper risk management...GOOD LUCK
Great news for the SUSHI altcoin, because the descending parallel channel is currently breaking out with an elevated volume! Congratulations to the bulls for this success, and SUSHI is now completely free to go up to my profit target. Take profit at the 0.618 FIB + strong horizontal resistance, which is between 5.289 - 5.890 USDT. This is an extremely strong...
Head & Shoulder Pattern formation Retesting Neck Line Opportunity to buy at discounted price for Long will be at H&S Target
expecting short term long position.. I personally only take one trade a day. play at your own risk. I'm not a financial advisor. I do analysis most of the time. if you like it please show love and support. good luck.
An inverse H&S that formed over the last 5 months cummulating in a breakup yesterday. The marked increase in volume in the past week is encouraing and while the low of 173 on 17July (69% fall form it's peak) is likely to be "the low", it is probaby prudent to only buy small amounts now (in view of overall market volatility) and to add if we we a dip back towards...
Hello my Fellow TraderZ, In recent time, is there any coin which has outperformed most other top 50 coins is $ATOM #Cosmos. Looks like it is once again ready to settle for Upward Movement. On smaller TF, Inverse Head&Shoulder is almost ready to play out just waiting to break the neckline and retest it to BOOM. Target is set for ~10% . CHEERS!!!
BNB could dump out of what looks like a possible head and shoulders pattern.
The 50 day moving average crossing below the 200 day moving average, otherwise known as a "death cross". A bearish head and shoulder formation, if it finds resistance at the neckline (previous support) we could see the stock fall to 220.
Looking at QNT and Matic which have found their bottom its seems like we are getting a bit of relief rally in other altcoins. I have noticed a few with an inverse head and shoulders Pattern. Matic also had one and it played out. Possible 10% profit if it plays out with ATOM. No financial advise though :) It will be better confirmed if we get above $13.089 and use...
First, I’ll explain my first reason for the low targets I have labeled. The height percentage from the head to the neckline is about 29%. A 29% breakdown from the neckline gets us to around the highlighted range which gives us an overall drawdown of 62% from todays price. The second thing I see here is the H&S pattern playing out along with topped out candles at...
Daily chart I will be looking for a long position potentially at the 61 fib / key level /right shoulder area also if price comes up to the red zone I will also take a short position