You see on the chart bitcoin fall in some periode of hour. I look on the chart there are two possibility chart pattern in bitcoin. The first one is bullish cypher harmonic pattern and the second is inverted head and shouder. We will wait together and see to the bottom of the price to make reversal. To find the reversal price I use support and resistant combine...
Inverted head and shoulders possibly forming on Bitcoin with a measured move to 61500 once breaking the neckline
Hello traders and investors! For the first time, I’ll do a public analysis on CCL. This stock is starting to get very popular (the 8th most active stock in the US today), so, let’s talk about it, and do a complete Multi Time Frame Analysis (MTFA) by looking the hourly, daily and weekly charts, and in the end, we’ll see if CCL is a buy or not. First, in the 1h...
GU seems to be forming an inverted head and shoulders pattern - Im in off break and retest of the neckline and will look to scale in once zone breaks and retests. if you want to wait for more confirmation from then on then feel free but trade at your own risk.
After bitcoin move some day in downtrend, Bitcoin ready to go up. Because trend now is an uptrend and make little bit correction and i think it can make inverted head and shoulder with target 1 is projection 0.618 length of the bottom head to the right shoulder top and target 2 is length projection of bottom head to the right shoulder top. Disclaimer! : do with...
- Multi-Year Resistance Line Break Out with very High volume (very rare) - Inverted Head & Shoulder (Bullish) - MACD cross over as well
Plan: wait for the price to bounce off support level/demand zone --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!!...
Looks like a back test that was successful & now resistance has become support. If not then lower EMAs can be targeted 3795 3600 etc. But with stimulus talks tomorrow at the White House 1.9T is on the table, markets should love this news IMO.
Hi guys! 👋🏻 🔔 German GDP reported recently shows that the country’s economic recovery plan is going under the plan. German GDP QoQ for the fourth quarter reported is at 0.3%, closing above the forecasted 0.1%. 🔔 As in the EURUSD pair, Euro still looks stronger than the US Dollar, the last is in a downtrend again and is already below 91. The postponement of the...
This pair was analyzed with multi timeframe analysis and zooming out on EU, it looks quite bullish and I am forecasting further upside. Yes, I understand that we are at (and potentially rejected off) a critical resistance level but we are also in a corrective structure projecting a bigger move to the upside. While looking at DXY, we have the exact opposite,...
Hello traders and investors! Let’s talk about PTR today! We have multiple technical points to discuss here. First, in the 1h chart we have a classic Inverted Head and Shoulders chart pattern, which is usually a reversal sign. The Pivot Point is at $ 30.18. Now, it is doing a pullback to the 21 ema, and we’ll see how it’ll behave from now on. What’s more, we...
Looks like it could be forming an inverted head and shoulders. If it breaks downtrend monday I could see a huge step up.
1H looks to be setting up an IH&S pattern that will break up to ATH's I still think this correction is almost over and we continue higher. Possible correction around 4800
Hello Traders! BNBUSD changed the bearish scenario with this inverted Head and Shoulder pattern. Inverted H&S is already broken and BNB is ready to move up to 380 Target.
IH&S pattern broke up the 200 weekly ema. Bond yields will most likely be testing around 1.66% and as long as the markets stay up I think we will enter a blow off top. I can see 1.66% on the 10 yr or maybe even higher with sp500 making a monster run blow off top to 4200 plus B4 any larger correction.
How much longer will ADA/USD consolidate within this current range? I feel like something will give in the next few days. Looking at the 4 hourly an inverted head and shoulders pattern has formed within the bullflag, MACD is about to cross over.