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Inverse Head and Shoulders

ETH | BULLISH Pattern | $3K NEXT ??Ethereum has established a clear bullish pattern in the daily as we're seeing an inverse H&S: The war issues across the globe must also be considered. So far, it's been bullish for crypto but this can also change overnight since it's a very volatile situation - and crypto being a very volatile asset. For the near term, I believe ETH is due for another increase - at least beyond the current shoulder. This is IF we hold the current support zone: It seems to be a bit of a slow burn with ETH for this season's ATH. In the ideal world, we'd either: 📢 consolidate under resistance (bullish) 📢make a flag (bullish) 📢OR smash right through the resistance. But there's likely going to be heavy selling pressure around that zone. __________________________ BINANCE:ETHUSDT
Long
by Crypto-Check-
6
PYPL , PEPS, COIN | HOT STOCKSThere are a few stocks that could be good buys, and are approaching idea l buy zones. PEPSICO VIE:PEPS Pepsi is showing it's "annual correction" as we're finally getting close tot he apex of the correction, which may be an ideal buy zone. PAYPAL NASDAQ:PYPL Paypal is still on my watchlist, for great growth, further adoption and upside potential after finish of a clear bearish cycle: COINBASE NASDAQ:COIN Fairly recently released, coinbase could be a good buy for a long term hold. Also currently observing a pattern that can either be called an Inverse Head and Shoulders, or Cup and Handle. ________________
NASDAQ:PYPLLong
by Crypto-Check-
Inverse Head & Shoulder Tutorial An inverse head and shoulders pattern is the opposite of the head and shoulders pattern and signals a potential bullish reversal from a downtrend to an uptrend. Here's a breakdown of its key components: Left Shoulder: The price falls to a trough and then rises back to a resistance level. Head: The price falls again to a lower trough and then rises back to the same resistance level. Right Shoulder: The price falls again but only to the level of the first trough, then rises once more. The pattern gets its name because it resembles an upside-down head with shoulders on either side. The neckline is the resistance level connecting the highest points of each peak. Types of Inverse Head and Shoulders Patterns Inverse Head and Shoulders Bottom: This pattern signals a potential reversal from a bearish trend to a bullish trend. How to Trade It Breakout Confirmation: The pattern is confirmed when the price breaks above the neckline in an inverse head and shoulders bottom. Entry Point: Traders often enter a long position when the neckline is broken in an inverse head and shoulders bottom.
NYSE:XYZEducation
by RonnieV29
8
MOBILEYE ($MBLY) : BUY OR FOMO YOUR CHOICE! TICK TOCK!!!NASDAQ:MBLY BUY OR FOMO YOUR CHOICE! In this video, we talk about: 1.) Why the stock is down 5% 2.) Why everything on the Technicals/ Fundamentals point to a STRONG BUY. 3.) My earnings prediction & fair value Thanks for watching! I know it was a longer video, but I always want to be thorough. Especially with a name as polarized as this one. Are you a BUYER, will you FOMO, or am I WRONG? Let me know in the comments. YouTube: @TheRonnieVShow NFA #BuyingOpportunity #BuyTheDip
NASDAQ:MBLYLong
by RonnieV29
2
DOGE - DON'T MISS out on ALTSEASON 2.0 !Yesterday we took a look at altcoins that are strong currently - and today I'm adding another, DOGEUSDT. ✅ From a technical indicator perspective, Doge is ready to reclaim a key trendline, as the price is consolidating right under it (bullish). "Extremely Oversold" is usually a good place to buy: ✅ From a Chart Pattern perspective, we observe an inverse Head and Shoulders pattern forming, which is also bullish and confirms a direction reversal. Furthermore, a total of -60% has been retraced and this is prime time for a new upwards wave: ✅ From a trendline analysis, we have successfully reclaimed the neckline after closing daily candles ABOVE the old peak: I conclude to say that according to the trend and all other signs - the price is short term and long term bullish from here. _________________________________ BINANCE:DOGEUSDT
Long
by Crypto-Check-
1
Stocks Good. Crypto Meh. And I Am Pulling My Stops.Traders, Market makers continue to torture crypto longs but their time is growing short. The U.S. stock market continues to press higher, led by mega-corp giants like NVidia. It is simply a matter of time before crypto follows. In the meantime though, I am tired of playing this game with MMs. For the first time since creating my public portfolio, I've decided to pull out all of the stops on my long entries. I am going to pop a few cold ones and chill for the weekend. I just don't want to play that game anymore. But please. Don't take any of this as financial advice per usual. You do you. I am only here to entertain you all with my poor choices.
AMEX:SPYLong
by stewdamus
KSS - Update to my breakout video - We are already seeing it!Update here to my previous KSS video titled "KSS - Primed for a breakout!" Go and watch that if you haven't to understand why i've been preparing for this. This is all happening prior to earnings release in a few weeks and with a ton of buying volume coming in, I am very happy to see it! My projection is a retest of our daily tapered purple channel (which has been resistance for a long time now) and, utilizing all the liquidity that's been built up, breaking out with strong earnings. Obviously fundamentals and bad earnings can cause any TA to be void - but TA wise, this is one of my most confident positions. Look forward to seeing you all on my livestream at market open today! Happy Trading :)
NYSE:KSSLong
by ReigningTrades
Dxy Dropped. VIX Dropped. You Know What That Means?Traders, SPY has bounced exactly as the charts had shown us it would do. I will briefly discuss what we can expect now in the weeks ahead as we continue our move towards the target of our blowoff top. We will also look at a few of my short plays. I will discuss what I was thinking in entering and what I expect now. I was stopped out of the NVDA play and will update my spreadsheet soon! BTC and SOL shorts are still on and SOL is well into profit. Stewdamus
INDEX:BTCUSDLong
by stewdamus
3
GBPUSD | Perspective for the new week | Follow-upFollowing a profitable week for us, the Pound tested a seven-week high of the 1.23500 zone during the course of last week's trading session. The BoE raised interest rate by 25bps on Thursday to a new 15-year high of 4.25%, an attempt to tame double-digit inflation in the UK and the Sterling rose 0.5% against the dollar on the back of the news but was unable to hold the momentum as price action broke down the trendline that has been supporting the bullish momentum in the last couple of weeks. The Dollar steadied as a result of this development as confidence in the banking sector remained fragile. In this video, we analyzed the charts from a technical standpoint to figure out tendencies of price action in the coming week(s). Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
by darcsherry
BITCOIN is back in its original uptrend state. Watch price grow! BTCUSD is in its natural up trending spirit again. This was confirmed by noticing a relatively strong bullish reversal pattern within a stronger reversal pattern, the Inverted Head & Shoulders patters. this can be made clear buy utilizing the different variations of candles. The Candlesticks chart, the Line chart, as well as the area chart. Simple structure shows that a higher high was created and price retraced to the mighty 38.2% Fibonacci level, however it also re-tested that level with a second bullish engulfing pattern. After price confirms a break of the neckline then pulls back to re-test, this pair will provide excellent Long opportunities for immediate profits.
COINBASE:BTCUSDLong
by DesharedPierreJr.
XAUUSD | New perspective | follow-up detailsAmidst uncertainty over the extent of the Federal Reserve’s future tightening path, the U.S. dollar weakened and went on to close the week at a 2.7% loss. Despite a series of robust economic data releases in recent times, including inflation pushing in at elevated levels, there are high expectations that the U.S. central bank will deliver a 50 basis point rate hike in two weeks’ time. So in this video, we have taken the time to observe the charts from a technical standpoint to decipher how to prepare for the new week. 00:45 Reference to last week's daily commentaries and results 05:05 XAUUSD Technical analysis on Daily chart 09:00 Macroeconomic events to look out for the week 11:05 XAUUSD Technical analysis on 4H Timeframe 13:54 Conclusion on next week's expectation on XAUUSD Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
FOREXCOM:XAUUSD
by darcsherry
2
HUGE SPY Call(+100%)This one was HUGEEEEE. I've noticed one thing now. TRADE INVERSE HEAD AND SHOULDERS. I mean my goodness, we traded it 3 timtes this week or around there, and didn't lose once. Opposite of that on every play we had +50% or more. Entry: INVERSE HEAD AND SHOULDERS(Best strategy ever) 5 min - Inverse head and shoulders RSI above 50 1 min - HUGE inverse head and shoulders Got the trade off pullback of right shoulders(marked the zone green from top of body to low of body and took the trade once it got in there). Instead of buying as soon as it got in the zone, I bought when price closed above 14 EMA BT cloud flip Held trendline
AMEX:SPYLong
by kaiz3nfx
2