Prefer the more horizontal head and shoulders but never the less this looks like a good breakout with a target at +- $82.50
Here I have GBP/USD on the 30 Min Chart! We currently have price outlining 3 different Highs outlining what looks to be a Head and Shoulders Pattern on top of the Support or "Neckline"! I believe we could be seeing a possible Reversal coming! **Chart Patterns are known to fail 1/3 of the time so BEWARE OF FALSE BREAKS! -Pattern Prediction- If Price Breaks and...
based on the completiton of double bottom on higher time frame. Confluenced wit the head and shoulder on 1 hour is the reason for bias towards short term sells
Here I have EUR/USD on the 30 Min Chart! We have 3 sets of Highs in the shape of what looks to be a Head and Shoulders on top of the Support or "Neckline"! Price has been traveling up so we may be getting a Reversal here now! **Chart Patterns are known to fail 1/3 of the time so BEWARE OF FALSE BREAKS!! -Pattern Prediction- If Price Breaks and Closes above...
Sell Limit 2043.331 TP 2029.155 SL 2046.182 Risk/Reward Ratio (RRR) 4.97 TP1 2038 TP2 2034
Hi guys! This is an Update on recent Technical developments found for Coinbase (COIN). I've successfully identified the Inverse Head & Shoulders Pattern. Check out that idea down below. We have completed the Return Rally back to test Support on the Neckline. Now ive been assessing if there are signs that we continue the Inverse Head and Shoulders with our final...
As the pattern is still forming I cannot affirm categorically that it will play out but on probabilities there is a good chance to test recent strong lows?
NASDAQ:COIN Coinbase Weekly chart is breaking out of an inverted head & shoulders pattern. The move from the lows to the neckline of the pattern is about 262%. A 262% move starting from the neckline will take Coin right back to the ATH from the IPO, $429. Fork intercepts the ATH in late July 2024. Staying long if the price stays within the fork. Fat_Fat
Expecting a short from current daily resistance. Analyzing the 1-hour chart, there is a visible head and shoulders pattern with a neckline break below. Now waiting for a retest. Entry: 1.71895 Stop Loss: 1.7245 Target: 1.7095.
Nifty bank continues to languish. Markets consolidate. The speed in which the markets fell and creeping, is akin to the shouldering of bears driving. Fraught with speed and fear. There is increasing probability this can open up as Inv Head and Shoulder pattern. 1. The fall is short of 50% and from there the rise is unfolding. 2. The fall ended near to the...
Waiting for a handle on the chart which should hopefully signal a downward trend for futures. I see a possible inv h&s forming on the 5 day. 👀
The announcement of #Binance incurring a substantial $4.3 billion penalty and facing exclusion from the U.S. market likely came as incredibly favorable news to Brian Armstrong, the CEO of #Coinbase . This development seems to place Coinbase (COIN) in a notably advantageous position. Observing the stock's technical chart, there is an apparent near-completion of an...
Inverted Head & Shoulders Target and Wave 3 Generic Targets Almost Matches Wave 2 Retraced 61% Wave 3 Target Ideally 1.6 Times OR 2.6 Times of Wave 2 by Using Trend Based Fib Extension. Keeping Fingers Crossed for Silver to Cross 26.5 By December
Looks at NYMEX:CL1! it was overcooked. If we take the fact that it couldn't hold over the order block it retreated under the peak down trend. I don't know how low it can go, but if it doesn't slow down be prepared to see sum $80 levels!!! Let see where it goes.
i'm waiting for a breakout after price 1.09414 at the chart. this point is an historical and pivot line. and we will break the neck of pattern head and shoulders.
══════════════════════════════ 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...
══════════════════════════════ 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...
══════════════════════════════ 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...