BTCUSD shows signs of recovery after breaking the sell trend line with formation of a head and shoulders pattern
inverse HSH formation at 4h chart. this isnot a financial advice.
Multiple confluences on area of resistance , confirming the probability of price pushing to the downside.
Dear traders, based on the chart, the pair is about to finish its correction via a bullish H&S pattern. You may enter long for 96 and beyond.
Hello, everyone! Some of you who read my ideas for a long time knows that I don’t like classical technical analysis, different chart patterns, support and resistance and so on, but today I found that TA confirms my scenario using Elliott waves analysis. Let’s take a look at the 4h timeframe BTCUSDT chart of the KuCoin exchange. The price formed the inverse head...
The head and shoulders pattern on the BTC 4h looks to be failing for a possible target of $22900. Or do you think it is a fake out being in a bear trend... because there is bearish divergence all over the place. DISCLAIMER: I do NOT offer financial advice. I am not a financial advisor. The content is for educational purposes only. YOU are responsible for your...
Chat forms a head and shoulder pattern, after a breakdown market may move towards the next order block Disclaimer, remember you are responsible for your profits and loss on your trades
USDCAD formed Head and shoulders pattern on 4h timeframe in addition of being on a daily resistance breaking the neckline would be a good sell opportunity our target would be 1.275
#BTC/USDT $BTC shaped inverse head and shoulders pattern, and now price is below neck line. 🐮 break out from neck line can increase price as high as head toward $25k and $26k. 🐻 rejection from neck line will invalid inverse H&S pattern and price will drop to ascending support around $19k.
Due to the movement of the chart, the possibility of head and shoulder formation and falling to the desired range goes from there and we can change the trend from there.
As you can see there is reversal head and shoulder clearly in H4 and H1 as well, waiting for break out and retest then buy.
Neckline broken and retested. 40 will come definitely, if not 30 (technical target).
Testing Bulkowski Head and Shoulders Bottom pattern. Will bulls manage to break the neckline? Will the pattern complete? IDK, no one does... to learn more about magick of Bulkowski, visit: www.thepatternsite.com never margin trade. Go well.
The next run up could get us close to $60k again, but if the neckline breaks on this pattern and holds under, the low target is close to $3,500.
Based on technical factors there is a long position in : 📊 BTCUSDT Bitcoin 🔵 Long Now 20800.00 🧯 Stop loss 18700.00 🏹 Target 1 25000.00 🏹 Target 2 29000.00 💸Capital : 1% We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝
4H BTC is completing right shoulder of inversed H&S pattern, if 21500 previous lower high is taken out, it will be a good signal to look for short term long position.
Hey traders, Silver is trading in a bearish trend. After a recent retracement, the market formed a cute head and shoulders pattern on 4H. 21.28 - 21.47 is its neckline. Wait for 4H candle close below that as your confirmation to sell. Then open short aggressively or on a retest. Goals will be 20.93 / 20.7 Good luck! ❤️If you have any questions, please,...
possible head and shoulders pattern forming - lets see how this right shoulder reacts at the resistance... let me know what you think! Comments and/or suggestions highly appreicated :)