An inverted head and shoulder formed and it's complete. Can we likely go up following that patten. At the moment price is consolidating at resistance.
No confirmation candle yet but clearly some bullish volume confirmation on our breakout candle. Target 43 cents. 40 cents is the current resistance but we should get through it relatively easy.
STORJBTC Crypto formed inverted,head & shoulder. PROFIT - 33% FROM neckline.
Weekly inverted H&S? ... see if it break through neckline w/ vol?
today we brokeout of the 4hr inverted head and shoulders pattern on bitcoin and the target takes us precisely to the big horizontal resistance area of 8504 that we have as of yet failed to overcome the previous two tests of it. My guess is we will reach it on this breakout which will get us above he bigger 1 day chars ascending triangle pattern we are currently...
ZRX has been forming an inverted head and shoulder pattern for many months now. Currently the right shoulder is nearing completion with the neckline sitting at ~0.3876, a close above that should trigger a bullish move to 0.4499 as an initial target. ----------------------------------------------------------------------------------------------- The buy and sell...
We are on a strong downtrend. If the reversal setup holds, consider a long after a breakout and a retest
Watch the moving average crossovers and the break of the neckline.. could get interesting
KRAKEN:XBTUSD appears to be in the midst of forming a beautiful ascending triangle. A closer look as we approach the apex.... An inverted head and shoulders can be spotted forming within the ascending triangle. This all looks pretty bullish to me. What do you think?
AUDNZD Inverted H & S update On track as of todays response to election result Needs break of 1.07 neckline and resistance Target 1.1100
Spotted a Nice Head & Shoulders Pattern Here On EURGBP
As long as the 1 day chart's inverted head and shoulder pattern its currently in gets validated...this would also likely cause it to experience a golden cross.
Cardano has been taking a bullish upturn recently along with much of the alt market. . .but if it can trigger a breakout of the current inverted head and shoulders patern on it's 1 day chart, it still has the potential to double its current price. Current 1 day stochrsi is alreeady over extended so it may meet resistance for a few days or so at the neckline before...
We’re approaching a weekly resistance (ichimoku red cloud) Bitcoin could drop significantly or move sideways for the next 6 month. I see us going back to around $5000 test it and make it an ultimate support and move up from there. I think we need a good drop for a good and solid bounce back. I have also notcied what it looked like an Inverted Head and Shoulders...
Possibly ANOTHER head and shoulders but this time inverted for EUR JPY long position
GBPJPY has potentially formed an inverted head and shoulders pattern. Stop loss set below 142.00 targeting 125.60 for a take profit
This reverse head & shoulder pattern confirms the upcoming bullish movement for this pair. CHF has weakened quite a bit in the past 2 weeks which means it should start to strengthen from this time forth. Daily timeframe RSI is indicating way oversold which is another confirmation for a trend reversal. Let's see how everything pans out! Trade Details : Entry :...
INVERTED HEAD AND SHOULDERS, 1:3 RISK TO REWARD RATIO. RISK 2% FOR 6% GAIN. WAIT FOR BREAK AND RETEST OF GREEN ZONE AND NECKLINE BEFORE ENTERING. GnP Fx