- iHS breakout continues - chart pattern & yearly pivots point to $200 - weekly bullish kumo twist soon
- iHS pointing to FWB:30S - Cloud E2E point to $40s - yearly pivot res @ $25 & $46
SMCI is breaking out Right Shoulder high. This is a very bullish development and the target would be height from the neckline to the head on breakout from the right shoulder. SMCI is a semiconductor play and overall momentum in this sector is very high right now. I will go with the break today.
Indication of a possible M formation on the 4hr chart. A double top is evident o the 4hr chart. Price recently broke through support and anticipating a retest towards resistance zone before seeing sell opportunities.1hr chart indicating a possible inverse Head & Shoulders formation which may cause price to retest further up or push up continouosly to the upside...
1)5waves have already happened ,pull back of abc a possibility. 2)Dollar strength across all pairs a good Probability. 3)expecting a Head and shoulder to be completed.
Price broke through previous resistance zone. Anticipating a retest of the newly formed support zone and then a pull to the upside. 4hr/daily chart indicating a possible inverse Head & Shoulders formation which will further support the probability for buys. Support zone may be our possible base for the formation of the 2nd shoulder. 1hr chart indicating price...
Natural gas is in strong buying zone, one can consider buying Feb/march future and hold it for long time .... Wait for the confirmation to break the channel ... and then enter as per your risk. Gautam Khanna Technical Analyst by Passion
Hello All, Are we ready for longest bull run ... 70% return expected in Shiba INU If you like my Idea, Don't forget to Boost and comment on my Analysis.. The recommendations are purely for educational purpose only, consult you financial advisor before trading. Next post if I get 50 boost !!! Gautam Khanna Technical Analyst by Passion :-)
Idea: I think price goes up more. Opinion: I think we're hanging out in the right armpit of a Loonie Head & Shoulders formation. It's easier to see on a weekly chart. Also, we have a daily support zone marked at 1.3381. The Situation: Executed a long position over 2 hours ago at 1.3385 with stops at 1.3375, which were immediately challenged by price...
just saw this massive multi year head and shoulder pattern that usually means bearish. I post this more or less as a reminder or warning of a potential. hope this does not play out
My thoughts on how gold will react this week in the market
I am expecting a trend-following short trade from the current daily resistance. If we look at the 1-hour chart, a head and shoulders pattern has formed, and its neckline has broken below. Now, on the retest, we will take the trade. Entry 2031.00 Stop loss 2052 00 Targets 1996.15 & 1974.74
When a pattern like head and shoulder fails it goes the other way AKA classic charting overall market sentiment is also bullish this can go very high easily DYOR!
As we can see, SAMO is following its fibonacci lines to a T We've seen 3 legs up followed by brief consolidation periods. We're in another consolidation period that is trading like a reverse head and shoulders and it appears primed to break out. The fib lines from the prior leg up imply that the next leg up could be an earth-shattering 260%+. Prepare your...
Looks like inverse head & shoulders pattern where gold if breaks the neckline at 2040s then it may go up until 2070s.
Possible buys coming, price currently displaying price action LH LL which may give us a reversal once the 3rd push LL reaches previous support level. We will see.
QNTUSDT.P is showing Bearish Divergence, followed by a Head & Shoulder pattern, which strengthens the indication of a potential trend reversal from bullish to bearish.
- Inverted H&S - Break and throwback to trendline - Above 50 and 200 day EMAs