- 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...
Three way to price react Based on demand & SUPPLY THEORY
EURNZD has an inverse head and shoulders pattern formed, waiting for it to break the cluster resistance line before taking a long position. Thoughts?
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.
Potential Short/Sell on EURGBP Inverse Head & Shoulder has been formed Together with Falling Wedge Pattern
The market is creating an inverse head and shoulders below the 4h resistance. right now the price is testing the breakout from the dynamic resistance and 0.382 Fibonacci level. If the price is going to have a breakout from the 4h resistance and 0.5 Fibonacci level, we can apply our rules to open a new long position with a very nice risk reward ––––– Follow the...
Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this CHR /USDT trade setup. TLM looks bullish here. Breaking out from the falling wedge like structure and also from an inverse head & shoulder like pattern. Currently, retesting it. So it's a good to buy some here at the retest. Entry range:- $0.175-...
Monthly Cup and Handle on the XVG/USD pair still stands. Monthly Inverse Head and Shoulders forming on the XVG/BTC pair still stands. Bullishhhhhhhhhhhhhhhhhhhhhhhhhhhh Not Financial Advice Good luck Traders and Hodlers Chart linked had it on the Weekly's. Figure I would make monthly ones to better show you the intensity of these bullish patterns.
Clorox has Covid new variant as a catalyst. Has fallen the past two earnings. Inverse H&S (Head and shoulders ) on the Daily. Has not closed back below support. Entry : Here $174.00 S/L : $170-$172 TP 1 $178 TP 2 $182 TP 3 $185 TP 4 $190 TP 5 Open Like , follow and comment Happy Trading Week
Inverse Head and Shoulders setting up at the neckline. If the bulls win then we should see a huge pop off the 50 moving average.
- ATOM is one of the great looking coins on the crypto market right now. - On the weekly chart we can spot a head and shoulders - reversal bullish pattern. - Also ATOM vs USDT looks very nice for upcoming uptrend.
Can trade with 2.170 or 2.180 retest lvls or can initiate with conservative style of of buying above 2.253 Target 🎯 2.430 Sl 2.090 Happy trading.....
HEX appears to be printing a smaller inv-H&S pattern embedded inside the right shoulder of a larger one. Will be interesting to see how it plays out.