Technical Pattern: The chart illustrates a Head and Shoulders pattern, which is traditionally a bearish reversal pattern. This pattern is complete with the formation of the left shoulder, head, and right shoulder. The neckline of the pattern, which is the support level that once broken can signal the continuation of the downward trend, appears to have been...
- the price seems to create a multi-day reversed HAS pattern - getting to its right shoulder. Do you think it will respect it?
Good Morning, sp500 is currently selling off during globex before the EU session but we are right at multiple support levels and the daily 20ema. If bulls can hold it above 4770, odds favor continuation of the trading range and we might go up to at least 4800 again. If bears can push this below, next target would be 4750 for me. There market has a chance to...
Here I have GBPUSD on the 4Hr Chart! Price had been ultimately traveling sideways but after the Lower High created on Jan. 5th, price has been unable to break it and is in a steep decline after the positive news for USD! Giving us what looks to be a potential Head and Shoulders pattern!! With the very wide "Right Shoulder" theoretically being created, we are...
Datadog has formed a H&S and has broken out of the neckline. Looking for a run up to 153
If either a double top or the right shoulder forms, time to go short!
BTC broke the head and shoulder nick line and retest has been done successfully. Expected now a major drop to $38000 area
On the 1H chart the Crude oil is forming a potential Inverse Head and Shoulders. What is more important about it is that it's happening after a retest of a bigger symmetrical triangle. I am leaving the link toward the 4H oil analysis so that you can see the bigger picture:
Here I have EUR/USD on the 4hr Chart!! Much like its counter-part GBP/USD, Price on EUR/USD has been forming the same looking Reversal pattern called a Head and Shoulders!! Now our Last Lower High is the finally move price can make before inevitably having to start creating Lower Lows! Confirmation of the Pattern will come when price Breaks and Closes below our...
Possible aymmetrical Inverse H&S pattern on $COIN. If retests $106-111 neckline as support, then potential target of Nov '21 peak ($350-$430). Clear invalidation with close below the neckline.
The crypto giant Ethereum has started a downtrend since November 2021 and after completing wave 5 of Elliott. An AB-CD target has been hit accurately on June 19, 22 which could be a reversal point target areas near 2378. The speculations here have an unusual habit that need to be taken into consideration. After the completion of any patterns, there is another...
Looking for EURUSD to push down another 100 Pips Minimum here as we struggled to break this zone to the upside.
a 5X has already occured Why not another 5X Through November's SEC hearing date clearly smart has already front run positive developments and we know HEX can do extreme price moves UP & DOWN <3
This could be good deal if it come true and pattern is fully formed
Trend is ended... #NVDA short time for #NVDA *Head & Shoulders formation*
( SHORT TERM BULLISH ) AMD Inv. H&S, high chance of another bullish leg up to capitalize off of. The reasoning for short term bullish is due to the fact that the weekly time frame is over extended with a similar historial pattern to the previous "top" of AMD's weekly high before falling to correct.
Eurusd bearish trend approaching waiting on head and shoulders formation bearish awaiting….. what ya think?…..
Seems like where price is currently at is a strong resistance level, we are looking for a BOS on Lower time frame. Also Head and should pattern on daily timeframe.