Hi guys In my opinion, the rising guard of the chart is quite evident. The condition of the above scenario for us is to maintain the support range of $0.6. Be sure to note that the reviewed process is long-term. On the 4-hour time frame, we have a head and shoulder pattern at the end of the downward trend. Would you like to check on your chart (; what do you think!?
In the above weekly chart of Snowman Logistics NSE:SNOWMAN , we can see H&S (Head and Shoulders) pattern formation over a period of nearly 7 years and now it has broken out from the pattern. Re-test of the neckline also seem to have been done in last few weeks and neckline provided good support. If we measure the height of pattern, it points to 112 levels which...
📌 To complete the upward trend, it is necessary to see the $33,000 area again. 🔍 If we look carefully, we probably have a head and shoulders pattern. ▪️ The areas that we have identified are strong for supply and from here the possibility that a higher ceiling will be set for us is very, very weak What do you think?
Please note this stock have my portfolio stock Very bulish on this stock Reverse header and shoulder pattern No recommendation for buy and sell Fundamentals strong stock
Hello traders! Today, we're diving deep into GBPUSD, which is showcasing a promising trading opportunity. On its daily chart, GBPUSD has carved out a classic price action reversal pattern: the inverse head and shoulders. Following a decisive break above the neckline at 1.24340, the price retraced to 1.25913. Capitalizing on this momentum, we've placed our long...
If we get close below the lower trend line then we will have a great chance to rebuy the coins like EDU ID INJ (very special) ROSE PEPE (risky)
Price action is shaping up for a bearish run as price was unable to continue the momentum and fell short of a double top level on the HTF. Looking at the lower time frames we can see a potential H&S printing retesting the March high indication more bearish price action is likely. Look for a short to the lower trendline. Thanks Trade Safe ** If you felt this...
Ford could be about looks like a H&S setup could be in the making on F a break below the neckline would confirm
Price action is looking bearish as buyers were unable to breakout of the HTF upper boundary, instead creating a strong reversal impulse followed by a continuation correction. To add confluence to this short set up, we can see a H&S pattern with price currently completing the right shoulder. I do expect price to re test January's high, find an entry that meets...
Metaverse token Green Metaverse $GMT just showed a perfect reversal sign with Head & Shoulder breakout and now is looking for an uptrend after a severe downtrend. I am going in @0.425 with a TP target of 0.4875 in sight. For a second TP at around 0.6000 it need some solid pullbacks and retest, if done I'll go again in it.
Potential head and shoulders pattern setting up. Levels posted on the chart. Macro likely supports more downside pressure after a 100%+ run in a brief period of 1 month.
Chart show's the possibility of the Head and Shoulders pattern and the targets.
Hello Dear friends On the one-hour time frame, due to the complete consumption of the $16,665 range, the possibility of completing the head and shoulder pattern at the end of the downward trend has been strengthened. Of course, maintaining the upward trend line is very important. We would be happy to hear your comments
Balkrishna made inverted head & shoulder pattern on an hourly chart & trading above neckline with good volumes. Could be bought with mentioned stoploss & target.
I will tell you, when the moon is for XRP, but first, let's take a look at the technical analysis. On the chart, you can see two major downtrending trendlines, and the price is below them. The bears are in full control, and I cannot be bullish at this point. The previous uptrend from June 13 to September 19 was a 3-wave structure (ABC). This suggests a...
IEX made a bullish head &shoulder at the bottom now we are waiting for the breakout. Buy IEX at 147 Target 153 155.45 158.25 163.25 Sl 138
USD/CAD appears to have completed a bearish Head and Shoulders (H&S) top. Negative RSI divergence bolsters the case for a downturn. The broadly anti-USD response to October's #NFP report may have triggered a breakdown through the H&S pattern's neckline. The measured-move downside objective implied by the setup calls for a test of the 1.30 figure. Clearing...
COST (COSTCO) has formed a massive head and shoulders pattern over the past year, which seems like a no-brainer opportunity to get short. COST could possibly reach 440 by the middle of October and 407 by the first week of November if the price breaches the neckline around 464. A period of consolidation could delay these estimates by several days. Disclaimer: I...