The rally in USDJPY from early March to early May was huge, driven by a combination of a soaring greenback and a BoJ determined to support its yield curve control policy tool. But the last couple of weeks have brought some relief in the pair, driven primarily by the dollar paring gains against the broader market. And the pair may have just broken below an...
Just a theory. I still believe that "crash/dump" will occur, but hey, we can be wrong can't we? :D Just wanted to make this a record in the event my brain was correct and my conscious thinking was wrong. ;)
us tech 100 H&S neck line breakout will hit our mentioned target.
BTC new trading range before capitulation. I'm expecting a dump with the new moon around May the 30th. Fake rally with a top at 40k or slightly below. Then downtrend continuation way below the weekly MA 200
A head and shoulders pattern has formed on JSE:CFR . The neckline is ascended slightly, but I think it has a fair chance of playing out. The target is down at the R89 level.
Hello, members welcome to AXS/USDT 2hr chart update by CRYPTOSANDERS. I have tried my best to bring the best possible outcome in this chart. As we can see from the above-mentioned chart the AXS/USDT brack the inverse head and shoulder pattern create and broke the neckline and retested the green zone and the current scenario we are expecting that get will go up...
This analysis is for my learning purpose only - DYOR. After year long consolidation in the trading range, Elders broke the trading range and jumped across creek (JAC) and tested back up to creek (BUC) on low volume. A text book Wyckoff accumulation structure. Lets see how far it runs before it starts to re-accumulate. Thanks.
BUKA after long correction shown a familiar pattern of Head and Shoulder. Price Actions is showing momentum change from correction to sideways. if this pattern is valid, Price target for BUKA would be IDR 510.
It seems like the 10 year treasury yield formed a head and shoulders pattern. It broke below the neck line on Friday May 20th 2022 which confirms the pattern. Now we'll have to wait and see if it retests the confluence of resistance around the 2.869% area. A dip in the 10 year yield may cause a rally in the tech sector and also in the general market. The...
GBPUSD has formed an inverted head n shoulder pattern indicating a bullish retracement is happening. The Retracement target is the broken support turned resistance.
Hello members welcome to MANA/USDT 2hr chart update by CRYPTOSANDERS. I have tried my best to bring the best possible outcome in this chart. As we can see from the above-mentioned chart that MANA/USDT brack the inverse head and shoulder pattern create and broke the neckline and retested the green zone and the current scenario we are expecting that get will go...
when we look from the daily chart, the price is testing the neckline of the HNS. now, wait for the bullish continuing pattern on a lower time frame to look for the best entry position.
Possibly Channel down on ZEC doing a confluence with the pattern of Head and Shoulders, for me is a good moment for doing a short.
Correction in progress. Retest @ neckline w/ optional TP1. Head and Shoulders in validation, highly reliable. Timeframe predicting with applyed Fibonacci spiral. 70.7% Fibonacci retracement as an average good turning point from expected micro pullback. Expecting a slowing downward. Oscillators: Fisher Transform turning point and trajectory of price action...
-We have a weekly bitcoin chart, (blue line) The red lines indicate the range of hanging highs and hanging lows (which is now broken down). -Long historical support line tested and rebounded in March 2020. Average price for 30 weeks (yellow line), (note that the average price for bitcoin has hung around 45,000 yew for almost a year) Now we can draw the...
Analysis of #GBPJPY the GBPJPY might have a head and shoulders pattern, still premature to talk about it while the second shoulder still not yet completed, but keep an eye on it as it might come soon. if we break the neckline I will then consider a sell if the rules for entry are met. this week we have FOMC Press Conference and NFP, it is going to be volatile,...
Hello Everyone this is my update on Next week, on the chart we might have a head and shoulder pattern which will help sellers to gain more strength and push market downward, Other Information you can see on the chart with my possible entries. NB; Im a Beginner More comments will help me very much. hank you
An inverse head and shoulders pattern looking need and spelling a turn around for the Pound. I'm expecting the pair to push upwards for an excellent 3:1 risk:reward. BEAR IN MIND; No matter how good an analysis is, the markets will do what they want when they want. It's a matter of picking high probability trades...... i believe this is one of them.