Long trade only if channel is broken and closed above trendline. Short if price break and close under shoulders and support :)
An inverse head and shoulders , also called a "head and shoulders bottom" , is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends. This pattern is identified when the price action of a security meets the following characteristics: the price falls to a trough and then rises; the...
This is reviewing an actual entry I took for GJ which resulted in far more than my target being hit. As you can see, paying attention to-- being aware at all times of a dynamic market-- and being ready to spot an inverse or a regular head and shoulder pattern can pay out big time. They are my favorite patterns to trade, because if done RIGHT, they have a very...
Seen good profit if you take buy with 2 tp! 1st=0.67937 2nd=0.68239 good luck
Simple head&shoulders. bull are continuing stops are in order just incase im wrong .
AS you see the AUDNZD move in Potential inverse head and shoulder pattern ... If you don't know what is the inverse head and shoulder and where to put you stop loss please read this Educational article : bit.ly the inverse Head and shoulder is the mirrored head and shoulder pattern Good luck
A possible H&S has been forming on the EUR/USD chart since mid-July 2017, visible through the daily chart. The pattern has already threaten to break through in August 2018, but instead, happen to be only an extension of his 9 months old head. Back in September 2018, it attempted to break through to the other side, trying to outperform the top of its right...
please feel free to share your idea
Perfect pattern formation, right now price is a really good zone to take advantage of the longs from a better price zone
First and foremost I want to wish you a great week of trading! I wanted to briefly follow up on my previous EURUSD 0.04% post & show you that we also have a potential head & shoulders top forming as well for those who did not catch the initial downward move. Also congrats England! Way to make it to the Semi's Let's see if it's really Coming Home Your Trading Coach Akil
Potential Inverse H&S pattern here.. Price bounced off a weekly demand zone, & may now start to reverse back to the upside. Watching for a break of the neckline for confirmation, & we could see price make higher highs & lows
Head on shoulders pattern. Price is showing some pressure to its supply zone showing signs of bearish movement. A retest to the supply zone is potential for entry or wait for a break & retest of prices initial ascending trendline..