A pattern Head and shoulder just popped at the current top of GBPUSD also a bearish divergence also showed up on RSI. Indicating a bearish move on this instrument. What do you think? My Postilions Sell Stop : 1.2617 Stop Loss : 1.2647 TP1 : 1.2586 TP2 : 1.2557
Usoil Formed Head & Shoulder selling formation. Sellers can enter for Long term Selling side. Safe Traders can exit in Target 1 and can renter at retesting zone.
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The current price action has been tracking the structure from the dotcom crash. Both has a head and shoulders peak before the sell off.
Shiller PE ratio is finding resistance within its Guppy Moving Averages. Facing the possibility of being rejected by the resistance and creating a H&S pattern. Formally breaking its neck line would be a sign of a big correction within market capital of companies and the underlying earnings of businesses.
First Head & Shoulders resulted in massive dump literally to 0. The one that's forming now is about to resolve, and dump is expected to be pretty big, although it won't go to 0 this time.
Likely right shoulder developing and soon breakout neckline, if breakout neckline confirmation will looking retest and long entry to hit next resistance level.
Lupin looking good for short term trend capturing at 15 min / 30 min timeframe, the stock is making an inverted head and shoulder at a trendline support which also happens to be a retest level of a recent breakout. As per my analysis, it is a very low risk trade where we have multiple confluence factors.
In the thrilling realm of crypto, Moneta (MNT) has orchestrated a captivating comeback, executing a grand Head and Shoulders reversal pattern beneath its all-time low. Currently, the charts portray a mesmerizing ascent as MNT dances within an ascending channel, resembling the onset of a parabolic rise. Chart Analysis: Head and Shoulders Resurgence Leads to...
Hello All, I traded in India mart today and made good profit .. Now waiting to enter it again. Hello All, I am glad you have liked my post and I am sure everyone who have traded on these post would have made profits. If you like my Idea, Don't forget to Boost and comment on my Analysis.. The recommendations are purely for educational purpose only, consult...
NZDUSD is showing significant selling sentiment by creating a divergence in the past and now it has formed a beautiful head and shoulder pattern as well. My Positions Sell : 0.6123 Stop Loss : 0.6195 TP1 : 0.6055 TP2 : 0.5985
══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the...
Lot's of room to fall when weekly EMA30 is lost (purple). That will mean momentum has shifted, and "silver" stocks are out-performing gold stocks. The duration of the trend shift is up for debate. Head and shoulders?
CKB recently breached a descending trendline and has effectively confirmed this breakthrough with a successful retest. Presently, price is retesting a significant support zone, where it previously got rejected four different times (indicated by green upward arrows). Observing the chart, an inverted Head & Shoulders pattern is taking shape. Our anticipation is...
When the dollar is running, most other assets are dropping. This has been my experience in the markets and is why the DXY is on my watchlist and is ALWAYS one of the first charts that I check before jumping into the markets. When the DXY is high, that means that people are demanding dollars, and when it's dropping, those dollars are flowing into other assets....
Head and shoulder reversal pattern, likely breakout neckline, wait for pullback retest and continue going down test the previous support.
USDCHF reached an important confluence zone last week. We see a nice intersection between a daily horizontal support and a lower boundary of a falling parallel channel on a daily. Analyzing 12H time frame, we can spot an inverted head and shoulders formation. The neckline of the pattern was broken with a high momentum bullish candle on Friday. It confirms...
First target achieved in Polycab. Aiming for second target now with SL trailing to previous day low. How's the josh?