HNS pattern just identical with BTC.
Bearish pattern + exhausting RSI = drop.
Big deep for good buy opportunity.
HODL if you bought from bottom.
Regards,
Insane
Discover a HnS formation at daily timeframe of GBPCAD
after this formation, price was retrace at Neckline, is late but you can buy now or
Buy limit at 1.67159
Target 1 1.71524
Target 2 1.73389
Target 3 1.75888
Place Stoploss under "Right Shoulder Line" or 1.63150
Happy Trading.. :)
Head and shoulder pattern formed , neckline is a key level (0.75400), 78.60% is also in that zone
price broke and retraced back to 0.75400
expecting price to travel to 127.20% (TP1) and to 161.80% (TP2)
stops below 50.00%
1. Oil has just reached the trend line resistant
2.At 1 hour chart (I will upload at the comment area) ,oil has formed a head & shoulder pattern, and it just broke the neckline
DRE has been in the news as a strong performer in the recent months, and has outperformed the S&P on a larger time frame. Zooming in, we can see a small HNS on the 15min, that should bring us to test the red longer time frame trendline.
This is a great spot for a long again around 24.55 to see if we continue to the upside, however, if this breaks, shorting down...
Spotted a h1 hns chart pattern and with macd divergence. I am interested to see if the pattern will be completed or not , if neckline closes or not. If ti closes , then a flush of 2 weeks high will be done.
What may be against this trade will be the 2 hammers on w1 , but should price do a strong bearish close, It will herald a new wave of bearish move upon...
