AMD is yet another tech company showing a head'n shoulder chart pattern. This is in line with the current down trend of the tech sector (S5INFT). Bearish pattern was confirmed so it should continue its down slide. Price target = 35$ This price target is in line with 2019 price levels. We're basically resetting back to pre-covid price action. Stay humble, have...
Head and shoulders pattern on the 1-hour, pretty decent risk to reward setup
This is my probable view. Also it has been retracing in consolidation all London session, likely preparing for the drop in the US Session.
AZN on this Monthly timeframe is extremely bullish More interestingly though is the inverted H&S patterns that have formed a long this 50MA line I have counted three in this post, all leading to a bullish result More of a creative post
possible head and shoulder pattern, confirming the low If we get a close above the headline
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. #ETH UPDATE:) #ETH/USDT is forming an Inverted Head & Shoulder Pattern in the 2H timeframe..!! right Shoulder is Not Completed Yet..🤞 Remember:-This is not a piece...
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. #BTC/USDT UPDATE:) #BTC is forming Inverted Head & Shoulder Pattern in 2H timeframe..!! Right Shoulder is Not Completed Yet.. Remember:-This is not a piece of...
Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this quick BTC update. BTC is forming an inverted head and shoulder-like pattern here which is generally a bullish pattern. Currently, it is in the process of forming the right shoulder and the important support here is $19,800-$20,200 level. I'm expecting a bounce...
SHORT trade analysis on EURCAD . Graph is looking bearish from Head & Shoulders Pattern and resistance area to lower support zone . There can be seen Regular Bearish Divergence , meaning potencial price reversal . Bearish Engulfing Candle indicates sell on chart too. Trade idea is also shown on RSI indicator. If you liked this idea or if you have...
Sell Opportunity for USDCAD. Double Top with rejection. On HTF a M pattern is forming. ON LTF the Right shoulder of an Head and Shoulder pattern is forming. We expect the price to move up and to go towards a Resistence at area 1.2987 where it may find rejection and drop, allowing us to execute the trade.
MSFT Head'n Shoulder (-25%), confirmed. The next few weeks/months will not be easy as MSFT's price action is likely to go even lower. Price targets: PT1 = 209$ PT2 = 200$ PT3 = 188$ PT4 = 166$ PT5 = 151$ PT6 = 135$ Could go lower if the right conditions are met. Stay humble, have fun, make money!
Bitcoin has gave us some more data over the past few days and it's looking very bullish. You can see a inverted head and shoulder pattern that has broken out with a measured move that will break above the diagonal trend line from the last correction if it fully plays out. The current candle has a good amount of volume to add more confirmation to the breakout. ...
Excellent example of a Reverse Head and Shoulders breakout on the USDTJPY pair.
Im just leaving this here... We are looking at a possible trend reversal in form of a head-shoulder... if pattern forms and is confirmed down below 20865, target support will be 19945
Quick follow up on FOOD.CA (Marché Good Food). Both some in the early days of the pandemic in 2020. Sold too early but still made money. This push was pandemic driven. No reason for a push anymore, hence the down trend. Peak of Head'n Shoulder formed in Jan 2021 and confirmed in October 2021. This chart pattern confirmed a good 6 months before SPY's Head'n...
Looking at the daily chart on Amazon I spotted a very Super Scary Monster starting to appear that should put all longs on alert. The shorts are packing the bus and the monster will take hold and drag price down with it. Bulls Beware and good luck to the shorts! Let's GO!!!
Possible inverted H and S on ZM. Above all short term MAs and lets see if we close above the 100 sma today.