Over the past 3 months, the USDZAR has formed a classical inverted head and shoulders bottom with the current neckline at the Daily 100 SMA. If the price breaks above this level the targets would be 15.00 followed by 15.50. If however it fails to break the neckline and breaks below support @ 14.25 a move back to the 10-year diagonal support @ 14.00 can be expected...
GBPAUD Inverted H&S on H1 and Double Bottom (H4). I set Buy Limit because it will pullback after current soaring.
SBIN If Breaks Above Resistance line. can see a good momentum again in stock
$DDD is pulling back to its neckline head and shoulders support level after breaking that to the upside few days ago on heavy volume. Half back of recent rally is around $33.50 - this level is a potential for strong support bounce setup.
The Inverse Head and Shoulders pattern on $AMBA is still intact. Price is also trading within a rising channel. Watch for a bounce to the upside. Initial Targets: $106 | $111
NASDAQ:REGI broke out of the H&S pattern, any pullback towards the neckline at 66$ is considered a buying opportunity. Anticipated price action and targets are shown on the chart, stop daily close below 50 MAs. Hit the like button please if you find this useful :) This is only my own view and not a financial advice, do your own analysis before buying or...
ALGM is making an Inverse Head-and-Shoulders and is on the verge of confirming the pattern. With yesterdays volume it seems like it's ready for a break out. The measured objective of this pattern would be somewhere around $34.40. Do keep in mind $31.30 and 32.30 may act as resistance on the way to the final objective.
I've been scalping patiently for this move and here it is !. A 50pips buy, sweet, simple and no hassle. I've done the waiting for you and here's the signal above !.... Show your support by liking this idea, sharing your thoughts in the comment section below and share this idea with your friends !.
An inverse H&S formed from a bullish impulse. I'm seeing this as a continuation pattern which will move to the 2370 level marked according to the measured move. A violation of the right shoulder invalidates this move.
$DOGE formed a bullish inverse head and shoulders pattern on the 30 min timeframe. Watch for a breakout of the neckline as initial confirmation for longs. Invalidation under 0.229
AUDUSD neck retest, expect price to continue down.
Head & Shoulders pattern appeared on BTC chart in 1H time frame. We have a big chance to see 32600. BTC is in a downtrend and the recent increase in price was just a correction. When the price reaches 33200, I'll move sl to the entry price. Not financial advice.
Again with another Head and Soulder BTC Will Drop to 32K to 30K -> if it continues BTC Will Test 25K !!!
$RBLX just retested the neckline of a bullish inverse head and shoulders pattern Watch for a bounce to the upside
Potential inverse head and shoulders pattern. 1. Market might be fully extended, now is the time to look for that mirror up move. 2. Simple as can be. I couldn't post a 5 MIN overview cause it was too small to post. 3. But when you look at the 5 MIN timeframe you can see the structure clearly.
Bitcoin, as seen on the chart, will likely experience a weakening in the near future after previously breaking the trend line in the 1h timeframe. The trend indicates a decline with the previous impulsive move. Now I see that after a retest of the trendline line on the lower timeframe it formed an ascending broadening wedge pattern. and head and shoulders. Risk...
Siemens energy (ticker ENR) has been through a recent decline, and you can take your pick from the formations but there are some observations of a reversal back up. The inverse head and shoulders looks to have broken out on Jun 29th, then suffered a one day pullback before continuing up. Today marks the price breakout of the double bottom also in this formation,...