Inverted head and shoulder breakout with volumes further upmove is possible stay tuned can be bought around retest as well
Looking the huge volume accumulation in the last 3 days, there is a chance that ILMN is going to breakout of an inverse H&S neckline soon. So let's watch! If it does break up, it should not retrace below the neckline again (if it does, consider this a failed inverse H&S). Theoretical inverse H&S targe @ 308 (which incidentally is also the 38% fibonacci...
#DOGE/USDT $DOGE shaped inverted head and shoulders pattern, also you can see another H&S in right shoulder. 🐻 price rejected from neck line so I think for completing the right shoulder of short term H&S price will drop to support zone then head up to resistance zones to complete them all.
Pair: CADJPY Timeframe: 4H Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern ————— Key Takeaway: Need a bounce off high volume level and push down past pennant support ————— Level needed: need a close by 103.775 ————— Trade: Short RISK:REWARD 1:7 SL: 35 TP: 235 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Measured move should take price action up to retest the 1 day 200ma (in blue) *not financial advice*
Measured move should take price action above the 1day 200ma. I think it will ultimately hold candle body resistance at first but if it does something similar to what quant did it may flip it to support sooner than later. *not financial advice*
Breakup looks likely looking at overall market momentum. Earning expected on 24th Aug after market close but could breakup before that. Should it break up, any near term retest back towards neckline will be an opportunity to stake/add. Manage positions with trailing stops. Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and...
If it confirms the breakout here the target is $12.50. *not financial advice*
Here we see the monthly logarithmic chart for the ethbtc pair so the impending golden cross is not shown here. It is only a few days at most away from crossing and we can see here on the log chart that the ethbtc chart’s priceaction is well above an inv h&s pattern and likely has validated the breakout of this pattern even though we haven’t reached its full...
I don’t own any Hex. It’s not on any exchanges I typically use and have not used anything like uniswap before so its unlikely I will ever own some. Knowing Richard Heart, it wouldn’t surprise me if this thing eventually became some sort of Ponzi scheme. However also knowing Richard Heart’s resilience, it wouldn’t surprise me if the previous ath it had will be its...
We can see Solana has successfully retested the bottom green neckline as support and is seeing a nice green cancel bouncing up after the retest greatly increasing the probability that it will confirm it’s inv h&s breakout and head to the mid $50s for it’s breakout target. On the way to that price target, we will clear the neckline of a slightly bigger inv h&s...
Bullish - Pending to break downward trend line - Forming Inverse head and shoulders - Building base - Positive FCF - Positive Income - Funds accumulating Entry idea - For members Stop loss depending on entry and risk appetite. But always set meaningful stops. “The successful warrior is the average man with laser-like focus” Cheers and happy trading!
Tata motors stock has been in bull run since last 2 years. Observing the weekly chart shows a clear formation of Inverted Head & shoulders pattern in the stock. It can test the neckline definitely in near future which is around 500-520 which is almost 7-8% from CMP. A weekly closing above 520 levels or above 52 week high of 537 can make the stock move to its ATH...
BAT successfully completed an ABC correction from the last impulse wave and is potentially prepared for another massive impulse wave to the upside! The chart is printing a local inverse head and shoulders, bullish reversal pattern, and we are really close to a breakout. This can be a good breakout trade above the head and shoulders + trendline (channel). The...
For now we won’t know exactly where the measured move target will be until we know clearly where we officially break above the neckline as well as flip it to solid support. Will update this idea once it happens. *not financial advice*
Waiting to see where the current candle closes. Seeing priceaction flip the 1day 50ma (in orange) to support would make me more confident of the breakout. If breakout confirms target should be around $28.
Larger head and shoulders in orange The head constitutes both the larger Head and shoulders and also the smaller one, which contains the white shoulders Interesting Inverted H&S Pattern
By breaking the inverted head and shoulder pattern and breakout this wedge, we can have great possibilities of gains, in the short, medium and long term, stay tuned After the incidents with TERRa, Hacks and exploits, the concern about capital has increased, but the demand for insurance will increase the demand for it. InsurAce ! Entry point at: 0.19 (for study...