Hey traders,
As you can see on the 4HR on NuCypher (NU), an inverse Head and Shoulders is forming. This could eventually breakout to $.56-59. Hopefully this helped you!
Safe trading,
-Pulkanator
Nintendo is breaking through the Neckline of an Inverse Head and Shoulders pattern visible on the Daily timeframe and looks to be targeting the a Fibonacci Retrace to the upside. I will be targeting the .786 and the .886 for Profit Taking.
This is my current Idea of BTC for the next Hours and Days.
The Volume is dropping slowly and we should normaly see a retest of the low, so we see a iHS
This would perfectly fit into my prediction from 30.12.2021 to my big Wedge as a retest
From here we sould bounce down to my daily big HS down to 25-28k
Then up for a big retest and mega HS...
Lets see...
Stop loss - @1.12530
Take profit - @1.1350
Entry - @1.9.9.1.x.x.x.1.3.0.4
This is a pretty straight forward trade but straightforward hasn't really been the strong suit of prices lately due to inflation but fundamentals support this trade so we'll see.
Reason for this trade
1. Strong fundamentals.
2. Strong confluences (trendline, H4 support).
3. The action...
#BTC/USDT
$BTC shaped a head and shoulders pattern in 1h time frame.
now price is below neck line.
break out from neck line ca increase price toward $41900.
rejection from neck line can drop price to ascending trend line that is the same with daily ascending support around $35k.
...MANA is completing an Inverted Head and Shoulders pattern with a price target of +15% (around $2.44). It should follow the Green ascending channel as it makes this rebound. It won't make up for the recent tank, but at least it is in the positive direction. Will it hold? We shall see. If MANA doesn't break out as the pattern indicates, I assume it will...
Hi All,
Please refer chart for detailed explanation on technical analysis.
Current price is low as compared to book value also there are high chances of Target 2.
I will be buying at all support zone because I'm very much sure that it will reach around 160 levels in few months.
For long term it can also go up to 200 levels.
You can also check my ITC trade for...
S&P500 15m TF
Major Reversal Pattern confirmed with the textbook Inverse Head & Shoulders pattern printed on the 15m TF overnight in the US.
Initially gapping down price almost hit the Fib Retracement 0.236 before the buying started which now has me thinking that inflation worries are now being priced into the market.
Where to from here?
A rally IMO would...
- Cardano is not looking good at this moment.
- We have the lowest new weekly candle with low at 0.917, which is the lowest value since 22 February 2021.
- Head and Shoulders pattern just broke down with strong momentum!
- Also the impulse Elliott Wave finished with 5 waves successfuly.
- The price is below the main trendline established in March 2020.
- Next...
- ATOM is one of the greatest looking coins at this moment on Binance.
- We can see on the weekly chart an inverse head and shoulders pattern with tripple TOP resistance.
- ALL coins dropped hard, but ATOM's uptrend is still intact as the ascending channel still holds.
- Check my related idea about ATOMBTC chart below! It is very bullish.
The IWM as seen from the chart has been forming a solid and strong Inverse Head & Shoulders.
An Inverse Head & Shoulders is a strong Bullish Chart Technicals Pattern, that can be seen here. 2 Shoulders, and 1 head in the middle, making the low.
I am sharing this idea, as it is a pattern which has been printed on the Russel-2000 this past week, and can't go...
Probably a bit of hopium here, considering the solid rejections at 42500 K on Bitcoin. Bulls have to keep at least on the topside of the bottom of the larger time frame bear flag in play (zoom out ironically). Upside target 43400-ish. Looking doubtful tho. For the record, I have a small long, but am pretty keen on pulling it should price move decently below current levels.
In this update we review the price action in EURAUD and identify a high probability trade location, the confirmation required to trigger a trade along with price objectives.
Scan Criteria
Does this stock meet my custom 12 point scan criteria? Yes, came through on my 40/40 Sales and Earnings Scans
Structural Checklist
1. Can a proven price patterns be identified? Yes, Inverse H&S / CWH
2. Is the 50D SMA trending up? Yes
3. Has price moved >20% since its last consolidation? Yes
4. Is the weekly RS above its Zero Line? Yes...
#LUNA/USDT
$LUNA is at major support zone that if hold it, price can shape an inverted head and shoulders and head up to $100 and more to complete it.
and if break down from support zone it will drop to $40 to complete the head and shoulders pattern.
![IWM: IWM [Russel 2000] Inverse Head & Shoulders & Breakout](https://s3.tradingview.com/z/zfhP5Ewb_mid.png "IWM [Russel 2000] Inverse Head & Shoulders & Breakout")
