A Head and Shoulders pattern has formed on JSE:BHG and with yesterday's downward move, our order to go short was triggered. The target of the H&S lines up nicely with the support level at around 520. If this downward momentum continues, I think it's safe to say that we will reach target on this trade.
BINANCE:AVAXUSDT might retreat with the broken head and shoulders. 36.75 is the final support that might change the outcome. With a possible break, 32-33 is my target.
Hello everyone! I want to warn those who have open LONG positions on #SOLANA. In the local perspective, we can expect a decrease in the asset down to $92.5 as a head and shoulders pattern has formed on the 1-hour and 4-hour timeframes. The situation is also negative on the daily and weekly timeframes. Since the last local price high on February 14th, I have...
Front seems to be printing a textbook inverse Head and Shoulders right now. It was once the victim of a PnD in 2021, however a seedy character's past actions does not invalidate it as a potential investment. There looks to be vertical accumulation happening since Oct '23 and a nice S/R flip of the ~$0.40-0.42 range. Target at the 0.236 Fib retracement level
I believe Tesla could push higher from here…..currently retesting the neckline on an inverse head and shoulders pattern. Let’s see if the BULLS step in❗️
We predicted this liquidity build by the buyers using our controlled selling orange channel. This morning off of strong selling volume, we gapped down towards the bottom of this channel and are now looking to see how takes control. Can buyers utilize green contination to break us out of orange selling? OR will we see purple tapered controlled buying being utilized...
We could see a failure to reach new highs and all this left shoulder liquidity can be used to push us below (or at least retest) the key 453 level. From there, we have a massive gap to fill to the low $400. Prior to any short entries, however, I will for a retest of the top of our teal selling channel which will form our right shoulder - and with a lack of buying...
This chart shows #NFT's will still do a thriving business in the crazy part of the crypto cycle :) Inverse Head & Shoulders... not the prettiest but it's there. I do expect that $3 to be hit... which gives Blur a Fully diluted value of $9 billion dollars Sounds "reasonable" :)
Aside from Elon taking a stronger control position of the operations of the company (upping his equity stake from 10% to 20%), I also like the technicals of this chart for a near-term entry. We just bounced off of our handy dandy blue tapered HTF selling channel and are looking for some of our buying algorithms to take hold. We are also forming a nice inverse...
The stock price prediction for GitLab Inc. ( NASDAQ:GTLB ) involves a technical analysis pattern known as the reverse head and shoulders, indicating a potential bullish reversal in the stock's price. This pattern, recognizable by its distinct formation resembling a head with two shoulders on either side, but inverted, suggests that after a period of downward...
We can see a pink neckline and an off white neckline here that price has broken above. This should take hbar to a measured move breakout target of around 11-12 cents. *not financial advice*
does solana will go up soon? ready to earn more money by head and shoulders pattern
The weekly close that the price has drawn is a good signal given that it closed above the previous high made with a shooting star, therefore the short-term retracement is over and we could see weekly candles of +10%. The market here is cleaning up some excess due to the rise and break of the previous highs at 49k USD, therefore in the short term or rather very...
#C98 is displaying a significant Bullish Inverse Head and Shoulders pattern. A successful breakout from this pattern is expected to propel C98 towards $0.55. However, the validity of this pattern will be compromised if prices retreat back below $0.21 on the weekly timeframe. Consider for Watchlist: When we recommend adding a coin to your watchlist, it's...
Hi there, ADAUSDT has a potential head and shoulders pattern forming, with the price possibly dropping to 0.5056-0.5030 or even lower for a bullish higher low to form the right shoulder. The key takeaway is that the right shoulder must be established for confirmation of the pattern. However, I am feeling impatient as the price is currently bearish towards the...
Maheshwari logi forming a head and shoulder pattern and currently showing a pullback and should be accumulated at current levels and also tested a resistance multiple times is ready to give over 30% in the next 3 months A company with great fundamentals as well CMP: 75 Target: 100-120 Stop Loss - Below 60 Trade at your own risk
GBPJPY is making head and shoulder in both H1 and H4 i am looking for sells. share your thoughts.
Here we have one with lots of drawings. On the bigger picture, in daily timeframe, I see a Head and Shoulder formation with neckline retest. Let's remember Head and Shoulder: ✅ Downward slopping neckline tends to bring the biggest price move (visible on daily) ✅ Highest volume is at the head or at the left shoulder (it is at the head in this case) ✅ Volume falls...