Just a quick one; obviously time sensitive. Excellent risk : reward in this trade > 1:8 Looking for +13% + There has also been a breakout of the recent downtrend. This low for the right shoulder is also a retest of that breakout. + looks like Wyckoff accumulation is well underway, keep an eye on this. Inverse Head & shoulders trade: Entry: around $1868.5 (Right...
Currently in the Weekly chart, we can see the bearish pressure, In Daily time frame, price has a sideway move, In 4H, there is a bearish wedge pattern. Moreover, it seems like a little reversal head and shoulders pattern is going to be created inside the wedge. MACD shows a negative regular divergence: Although price has made a lower high, MACD has made a higher...
It appears there is a head and shoulders developing in EURUSD. The market bounced off the neckline but is likely to retest it soon. It is likely that a significant breakdown will follow. As EURUSD is a majority of ICEUS:DXY , ICEUS:DXY is likely to strengthen. NOT INVESTMENT OR TRADING ADVICE
head and shoulders on suppport line Lets see if support will hold!
Gold expected to undergo C wave to complete wave 2.
COINBASE:BTCUSD Across mainstream media and social media these days experts are calling it a Head and Shoulders with targets as low as $10 BTC , perhaps ...but sometimes the most obvious trade that has so many variables aligned can fail spectacularly. These variables are Regulatory , China Ban , Environmental and from a technical perspective Head and...
BINANCE:BNBUSDT We see that the price after it has completed its pattern It has collided with the support level of the triangle and the trend has been strong Reach the top of the neckline and the price is currently in full swing Correction itself is such that the process is resting Be able to continue climbing again and wait for the reaction to enter Price Be...
A possible scenario for EOS. Looks like we are creating an inverse head & shoulders with a target that should complete a right shoulder for a bigger inverse head & shoulders
We may have a new reversal pattern here and as you can see on the chart mentioned too. we have confirmation of rise after the price breaks neckline or that red zone. if this local correction here continues then we are looking for the next support zone as an entry point. DISCLAIMER: ((trade based on your own decision )) <>
The formation of inverse H&S further supports the double bottom pattern forming on 4H for a short term long trade.
f Break the most of important up TrednLine , SAND will drop after complete the neck line AqayeSalehi
Looks like a head and shoulders may be forming on BTCUSD. If it doesn't start moving up, it could drop quickly. NOT INVESTMENT OR TRADING ADVICE
If you like look at the 4h chart from late April through May you will see a strange looking reverse head and shoulders with bull horns forms. Immediately after🚀🚀🚀🚀 Compare that pattern to the one forming now and you will see that it is the same but larger in scale. If it holds look for a reverse to $1.40-1.80 where it will move back and forth for a while as it...
Hello traders! So, In my previous idea about gold I suggested we might going to see the last leg of inverse Head And Shoulders pattern, as I write now we can see it made half way of that leg, broke(again) the purple resistance line and retested it, so we can say it's a support line now, and broke the strong liquidity zone and retested it as well, not only that, we...
the bitcoin is in bearish price channel and now is in the strong support zone it also forms the head and shoulders pattern we can take long position in it and take loss limit below the support zone and take profit in the top line of the channel or save profit in it and move your stop loss in previous ceiling.
Hello traders, here is my setup for this pair with a low risk and reward. R/R: 1:1 - 1:2