I potential Head and Shoulders pattern. Zoom in to smaller timeframes to locate an entry. Price beaks out of the flag/ corrective channel
A head and shoulders pattern. Entry above the level indicated on the chart, RR 9x - target is based on the size of the pattern (2x)
We've been waiting for a BOS on the daily timeframe and it finally happened. We are currently at a retest of that BOS, sell opportunity should be around the corner.
I am expecting a short trend-following trade from a current daily resistance level. If we analyze the 1-hour chart, there is a formed head and shoulders pattern, and its neckline has been broken below. Now, we will take a trade on the retest.
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
Tesla will report as soon as this Wednesday, Jan. 24, after the market close. Personally, I don't plan any trading activity here before the report. But at the moment the stock is in a technically interesting zone. I see a double technical pattern here - Inv. Head and Shoulders. Based on the structure of the daily chart, the price is now in a potential right...
Technical Overview: 1. Inverted Head and Shoulder Breakout: The weekly chart for GREENPANEL indicates a notable technical development — the breakout and retest of an Inverted Head and Shoulder pattern. This is a bullish reversal pattern that suggests a potential shift from a downtrend to an uptrend. 2. Horizontal Support on Daily Chart: The daily chart...
Will looking up move testing the resistance zone breakout and if level hold which mean possible create right shoulder and will make head and shoulder form and will looking for down move if the head and shoulder valid.
USDJPY is showing promise with a potential Head and Shoulders pattern on the Weekly Chart. Here's the game plan: 1. Awaiting Bearish Shark Pattern Confirmation on Daily Chart: - Patient approach for a comprehensive setup. 2. Early Trading Opportunities on 15-Minutes Chart: - Spotted Bearish Bat and Bearish Gartley Patterns. - Potential for quicker engagements...
FX:GBPNZD is now creating the right shoulder of the Head and Shoulders pattern. I'd wait for the neckline penetration to validate the pattern before going short.
While I've Done Very Well with Longing Perp and have Longer Term Price Targets Above $20 I see a Correction on the Daily coming For Sure. We have a Huge Head and Shoulders Forming With THE MACD Calling a Sell Signal During the Formation of the Right Shoulder, These are big warning Sign Don't Let Volume Fool You This is Typical To Head and Shoulders as Sellers are...
It looks a perfect head and shoulders is to play out. We are at breaking or confriming point. Let's wait and see.
Rolls-Royce Holdings plc is a British multinational aerospace and defence company incorporated in February 2011 that owns Rolls-Royce, a business established in 1904 which today designs, manufactures and distributes power systems for aviation and other industries. source Wikipedia
A rallying USD is putting ample pressure on Euro futures. Now that we’ve broken trendline support, it appears that we’re in the midst of a steeper correction. How low can the contract go? Technical Outlook : Euro futures trended higher for the duration of Q4 last year, with trendline support dating back to November first. Weakness in the USD, and favorable...
I am anticipating a trend-following short trade at the current daily resistance level. If we look at the 1-hour chart, a head and shoulders pattern has formed, and its neckline has broken below. Now, it is undergoing a retest. Entry 1.2674 Stop loss 1.2715 Targets 1.2610
Hello traders, I want share with you my opinion about British Pound. Looking at the chart, we can see how the price a few days ago started to trades in an upward channel, where it first some time traded near the 0.8570 support level, which coincided with the buyer zone and then bounced up. After this, the price made a correction to the support line, and then it at...
GodrejCP is making an inverse head and shoulder at 30 min It has retested the weekly resistance level which may act as a support now. On daily timeframe, it has made a doji on 50 EMA support, which also shows reversal Apart from that it is happening on FIB golden zone A very high quality trade indeed
Daily/4h/1h time frames analysis for USDCAD. Key levels & price action. Bearish outlook explained. ❤️Please, support this video with like and comment!❤️