Larger head and shoulders in orange The head constitutes both the larger Head and shoulders and also the smaller one, which contains the white shoulders Interesting Inverted H&S Pattern
Testing Bulkowski Head and Shoulders Bottom pattern. Will bulls manage to break the neckline? Will the pattern complete? IDK, no one does... to learn more about magick of Bulkowski, visit: www.thepatternsite.com never margin trade. Go well.
Hi Traders, I'm looking at BTC today on the 4-hour time frame. We don’t know if the bottom is in yet for this recent capitulation but that’s not my problem to solve. I only trade what the charts show me. If a setup presents itself and fits into my list of rules and criteria, then I will jump into a position. I'm noticing a potential head and shoulders...
If you had followed my Weekly Market Analysis closely, you would be aware that last week I've said that the market is going to retrace from the high to 1.2475 and for those who had entered the counter-trend trade of the ABCD Pattern at the HOP level , 1.2186 not to panic. What you can do is shift stops to entry and observe if the level at 1.2475 holds on the...
This is a short-term trade. On the technical side, we've got the following things that make a bullish move more likely: According to seasonality, in the last 15 years, only in one year went the price down within the timespan from the 7th of May until the 23rd of June. So, it's a bullish time for this stock according to seasonality. The prior inverse H/S...
HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE. NEW WEEK, NEW OPPORTUNITIES. LOOKING AT THE DOLLAR / YEN * The PAIR has been trading in a Ascending channel , just tested the roof of this structure after that extending this move with a strong bullish rally towards the upside, Then saw that beautiful correction with the bears after that resistance...
After a long last downtrend there is a reverse head and shoulders pattern. I do not expect the upside to be as big due to it being in a very long term downtrend but this can be nice and quick swing trade. Wait for price to get lower and enter at a cheaper point than the current price for better risk to reward.
As you can see in the chart the market is having a Configuration of head and shoulders in a bearish trend therefore we should buy NQ now in addition, we will have another confirmation when the green candle will break the support
In this video: * Where must we close today/tomorrow? (0:00-3:30) * Why additional variables outside of technical analysis only mess with good technical analysis (3:30-4:30) * Is this really a valid H&S pattern? (4:30-6:30) * What I need to see for further confirmation down (6:30-11:30) * A look at the weekly chart - M pattern spotted (11:30-13:25) * A logarithmic...
Hello Traders, It's been awhile since I've shared with the class, so I figured I'd give a little Christmas treat. In Dec., SPY has been extremely predictable so far. Those trendlines (the 2 red and 2 long green and blue), those were drawn around the 6th. As you can see, the PA has been very true to the trend. Now, this is where it gets a little more exciting....
Daily - Lower trendline being hit. 4Hr - Impulsive move out of the HTF trendline. 1Hr - Descending channel formed hitting the HTF trendline, giving a False BO to the downside and impulsively moving the price to the other outside part of the 1hr descending channel, possibility of head and shoulders formation too, + double bottom from a June 2015 swing. The only...
Auropharma made an inverse head & shoulder on daily charts. Could b bought with sloss 665 & tgt 818
Hello Traders, This is a follow up on my last post. Some traders have never heard of the term Head & Shoulders Bottom, it's a small technicality, so I will be more clear. Looks like we have confirmation. So we could have some throwback, but ultimately the direction is up. You may see more shorts jump in angrily, but that's how it is. Unfortunately, there are...
With the patterns in the Bitcoin chart and the indicator information, it is likely that Bitcoin will drop to 56.5 kg before reaching 70 kg. The signs of a rise are fully visible, and I think this fall will be a healthy fall for the power of bitcoin. *** Head and shoulders (bottom) *** Fibo time zone *** Stoch RSI _ Be careful ...
Seems we have a nice head and shoulders on ACB that could push the price near 9 USD during the next 2 monthes. Stop under 6.30
Hello Traders, As you can see on the posted chart today we completed the Head & Shoulders Bottom. I've written out the calculations to help teach you how to measure price target. The following is a list of Bearish & Bullish indications going into tomorrow. ((Circle colors: Yellow = Bullish, White = Bearish)) Bearish: -Head & Shoulders Bottom theoretically...
Hello Traders, I drew the attached on 10.12 for a discord group I'm in and the H&S Bottom pattern still stands. If it breaks the neckline we should see a reversal and a continued push higher (although, today I did circle that the closing price is currently at the exact edge of my regression channel). As I mentioned in my previous recent posts, the market has...
Reverse head and shoulder spotted after a massive move to the downside, waiting for a break of the neckline before entry.