[H1]GBPUSD Heads And ShouldersHere is what I see for GBPUSD.
I see a head and shoulders pattern forming. The neckline of the pattern is inline with a support zone, if price can melt and turn support to resistance than we might
get a drop from neckline to end of lowest point of H1 Support.
Potentially we could see a bigger drop if you check 1D Chart and H4 Chart.
Will also publish those ideas. Hopefully the market continues its bearish momentum.
Headshoulders
EOSBTC Quick SHORT OpportunityWe see a H&S // Double top... We are in wave Y of the finally wave down, short term.
VXR: Head and Shoulder Pattern + Death Cross + Descending Tri Unless something fundamentally changes the stock isn't looking healthy. Low volume signaling a large movement about to occur within a bearish descending triangle and with the stock trending under 200 EMA. This is after completing a bearish H&S pattern. However, it is to be noted that the SMAs are building towards bullish momentum, so a close eye must be maintained for any anns that will reverse the tide down.
Heads and Shoulders: Return to Projected EMA 200? Volume decline and the formation of a heads and shoulders pattern, with corresponding MMAR showing signs of reversal. If complete, signals a decline towards EMA 200.
EURTRY will tankEurTry will surely go down.
it is in deep overbuy conditions and in W1 you can see the formation of HEAD SHOULDER pattern
Eur start loosing is power in theese days
Usd start gain more power and will help Eur to go down
The cross eurtry have positive swap and is also a good opportunity for accumulating position for intraday trading
Maybe a great opportunity
SELL IDEAUSDCAD has just broken the neckline of what i can call a SHS at1.3450, this support has now turned resistance and is expected to hold back further rises, this is further confirmed by a descending trendline which holds the pair from moving high in the daily timeframe. while there is no guarantee that the pair will not continue higher in the next couple of day, presently the pair should be heading lower, initial target will be 1.3395 while a break there will lead down to 1.3339 support. the fall has not yet cut our 50 and 20ema therefore we will be selling on retracement...this trade will become invalid if prices goes above 1.3450 of above the 50ema.