OK OKOKOKOK
Uranium in a freefall? Is it?
So where is the bottom??
$34.40 - see the chart for explanation. I see a big multi-leaf IH&S. Tricky chart ! But there it is. I have seen no better explanation for this chart.
Tips accepted ;)
A short frame falling wedge broke bull via a confirmed inverse head and shoulders. Finding resistance at the junction of the pattern break .764 and the Daily H&S neckline (red dashed lines).
What I been seeing the past month from AMC dip $53 all the way to $33. Now AMC is slowing retracing upwards. What I seen since Thursday AMC is building what looks like an inverse slanted necking head and shoulder. This could bring AMC back up to $40-44. Will it make $50-$60 by the end of the month? Who knows,
In mid-August, AUDUSD started to rise and correct the down move, at the beginning of September, a new leg down took place.
However, this new leg down couldn't make a new low, but a higher low instead which puts under question the medium-term downtrend.
The last breakdown has proven to be a false one and AAUDUSD pair quickly recovered losses.
At this point, the...
Support was found at the fifty percent mark of the Pattern Break. The inverse H&S broke bull and now onto a test of neckline. Watching for neckline support to act as short term resistance, with a flag or pennant forming.
Hi all, The Blockbullder has finished the first floor, had his cuppa tea and is now ready to build the next level.
This Inverse H&S will see us break the Descending triangle pattern we're in and prove we are well on our way to retest the ATH.
Feedback appreciated
Blockbullder
BTC is on an unstoppable path to 61.5K to reclaim a new high. BTC looks to prove it's fall as only a HUGE ReTracement for a BULLISH ConTinuation, which will be recorded as the single largest push of wealth in HISTORY.
Check ur daily charts and u'll find a InVerse Head & Shoulders ever seeen... Left shoulder forms it peak from the previous All-Time High, 👉...
Hi all,
Looks complicated but really isn't. The dashed green trend lines are the neck lines of previous head & shoulder patterns and we are about to touch them.
So, obviously, a reaction is to be expected which will give us a new higher low that will form the left shoulder of the inverse H&S pattern. This is also the Last Point Of Support (LPS) of the wyckoff...
AXS USDT had already break from the falling wedge pattern and continue with inverted head and shoulder pattern, probably will retest the inverted head and shoulder once again around 71, in my opinion the retest will be a good entry with the target price around 92-95. Also the the macd is showing us a bullish divergence which is a good call to long AXS.
Potential inverse head and shoulder forming for a break to the upside
If that pattern fails and we are unable to bounce at the bottom of the channel bearish pts are given as well
EURAUD has formed an inverse head and shoulders on the 1h chart prior to the EUR unemployment rate data, which measures the number of people unable to find employment in the Eurozone. Technically the pair has broken the neckline of an inverse neck and shoulders pattern, and we anticipate continued upside into the 1.6320 level.
