USDCAD Setup: HNS Confluence: ABC Structure Structure Breakout Entry: Sell @ 1.3260 SL @ 1.3310 (safe zone) TP @ 1.3160 TAYOR Let me know what you think
NPXS is in need of sideways action / accumulation. Overall pattern is bullish and if we just get few days of that movement to validate out Head N Shoulders pattern, we should get very nice pump for NPXS in May.
So let's go here: 1) HUGE support zone for buyers here 2) HORIZONTAL VOLUME support 3) More fuel needs before talking about going more down 4) H&S formation here
GBPCHF has completed 3 drives up to complete and Elliot wave bullish drive. This potential headnshoulders pattern could produce 3 waves down for a reversal.
It is way early to call but it sure loos like the right shoulder of a potential head and shoulders pattern. I have been waiting for a 6800 and now this looks like it is most likely in play now. I also have a diagonal trend line from the 20k peak to the latest high of 8491. I am waiting for a 3rd touch to confirm resistance. Then a nice shorting opportunity awaits...
Bitcoin is being an insecure little schoolgirl who got dumped for the first time. Looking at BITMEX:XBTUSD we can see that it has formed a giant head and shoulders pattern and has broken down through all support after it failed at 10 000. We can see the 1200 sma is providing some support, should it hold strong we can expect to see a quick retest of 9500 however...
1.) Sitting on long term trend #support which led uptrend since 09'. 2.) stock is down 24% in a month??? 3.) Gap lower could get filled and set-up a right shoulder of a #HeadnShoulderpattern 4.) well ok I gave u 2 in 3.
Love this coin, show massive potential. Pick it up when it's cheap. As you can see DGB has presented to us a massive head and shoulders pattern this is not to be ignored. There seems to be some support on the 200ma and on the respective fib retracement level. This however, will not last very long. With bitcoin and the market as a general having taking a beating,...
There seems to be a clear upsude down H&S Pattern forming on the BTCUSD Hourly chart. My analys has my targets of support/resistance and and overal mid-term prediction of bitcoin testing back near its ATH by months end, Fingers Crossed. If you missed the recent dip down to 1400, no worries there will be another great time to get back in once that right shoulder...