I will open a long position after the closing on the neck line at 30 min chart
We can see that on the chart there is building up reversal pattern - Inverse Head and Shoulders. This is bullish reversal pattern and important is close above the neckline . Wait for pullback (neckline), it should be good entry. Targets: TP area (agressive) 0.382 Fibo (0.7076) SL: Below the right shoulder -> 0.70260 Wait for entry! Wait for...
To the looks of it this could become another good buy in longer terms. Just find yourself some good entries! ;-) Happy Trading Cheers DB
Waiting to complete the inverse head and shoulders and bounce from the left shoulder support, from there will be looking to go long. RR RATIO: 1:3
If we close above the trend line we could be seeing some more bullish action out of BINANCE:BATBTC !
If bull flag works and price succesfully break out from channel then inverse head and shoulders will be formed also. Entry ----> if bull flag works. Stop ----> 770 Tp1 ----> 888 Tp2 ----> 937 Tp3 ----> 985 Good luck.
As you can see on the chart, there appears to be an inverse head and shoulders pattern that has formed. It has now been followed by two bars mirroring each other to the point that I would think it to be a reversal to turn into a down trend. I'm definitely gonna sit this one out, but what do you think? False inverse head and shoulders or a false two bar reversal?...
Greetings members and guests PLEASE hit the Thumbs Up button on the right to show some support and love ------------------------->>>>>> ^^^^^^^^ <<<<< Comments and questions are welcomed below, please feel free to ASK anything! HOW TO TRADE THIS CHART? First like/thumbs up the chart then read below..... The AUD/USD pair is in our sights today,...
audchf has seen a inverse h&s pattern at the support zone and have used the as a perfect bearish spinning top bar for minimum risk and maximum reward.
ZENBTC could be making a huge Inverse H&S pattern Neckline: 1460 Shoulder support approx: 1280 Resistance 1:1670 Resistance 2: 2020
on the weekly and daily, I have seen price is in a ascending channel with price retracing to a support zone inline with the fib retracement of 0.618. On top of that, an inverse h&s appeared as well which is inline with the analysis as well.
Good day Traders As I'm sure everyone and their pet poodle knows, bitcoin had a triangle breakout a few days ago with all the volume we were looking for. If you see my previous post, I thought we would first drop to just under $3k for a dead cat bounce to $5200, however, we've averted the weekly EMA15 and EMA200 bearish cross for now. The market was impatient and...
The Ripple (xrp) is very wonderful crypto , fundamental news of XRP is very wonderful also @ technical the trendline show two degree up and the reaction weeks by GAAN shows good view@ future. start of reaction week is very near on 18march2019 or next this time.1st tp base on GAAN is 0.62584 or 0.68424 and 5th tp probably is 2.68 or near.Finally RSI and Stochastic...
a clear inverse head and shoulders. closing on neck-line must wait for confirmation.
there is a inverse head and shoulders with a broken neck-line
On the weekly I have seen very strong support zones which have been tested several times, price seems to have created an inverse H&S pattern on the daily so I'm waiting on breakout to place a trade.