USDCAD
On the weekly moving in a down trend
On the daily we formed an inverted head and shoulder and in the middle of forming the right shoulder pushing down. The move started after a rejection from a weekly zone.
Price on the 1H chart is near a daily zone about 14 pips away from entering that zone. I would look for the pair to continue to push down only...
The formation of an inveted Head & Shoulders Pattern plus a gap above the neckline today looks to confirm that the trend is reversing up. It would have been double confirmation if the gap was stronger (ie decisive green candle with a large gap prefered). Nevertheless this could be the start of a new bullish trend with target around 200 mark. I would put a stop...
price complete cypher pattern on support level .
this will give us some opportunity to find best buy level.
setup will be on the smaller timeframe, buy on pullback inverted head and shoulders
or price keep going down, we can try to buy from the support area/red area
Dash has had an incredibly bullish last 2 days after triggering a 4 hr chart inverted head and shoulders pattern and following it up soon after with a golden cross on the 4hour chart as well. Now may not be the best time to go long on Dash however as it is just now seeing a slight bit of red and seeing as how it has reached well above the inverted head and...
It appears that binance's upcoming decentralized exchange will be using binance coin(BNB) as it's base pair an extremely bullish fundamental development for the coin. That coupled with the technical bullishness of the 1 day bnbbtc golden cross and the recent breakout from a 1 day head and shoulders pattern has BNB mooning with ease.
As expected, LTCBTC has broken bullishly after its recent golden cross on the 1 day chart. We can see its already wicking down from the Cup and Handle breakout target suggesting the pattern that has been triggered was the cup and handle and not this much larger potential Inverted Head and Shoulders pattern. We could easily also hit the inverted head and shoulders...
after break channel and complete inverted head and shoulders, price may going up to reach resistance level and shark territory.
currently price retesting inverted head and shoulders neckline, which is a good level to take a buy
What started as a 4hour falling wedge that appeared to breakout but hit nowhere near its projected target is now seeming more and more valid as a considerably longer 1 day falling wedge instead of which we have not broken out of yet. If this is indeed the case then it's possible that we may not see xrp break up from this wedge until we revisit 28 cents r possibly...
Looks like corrective volume, perfect retracement matching fib levels and trend lines. Does not line up with typical inverse shampoo pattern for continued upside. Stop hit will re-assess.
Hey!
CADJPY could make bounce upwards to the next resistance.
- We have a breakout from the bullish chart pattern called Inverted Head and Shoulders
- The price is above the 100 and 200 EMA
- The bottom has an RSI Divergence.
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*This information is not a...
Afterpay (APT) formed an inverted Head and shoulder formation. It then broke out with a gap in price and retested the support around $15.
I calculate the next resistance around $18.75, though the move could extend to $19.50. This is not investment advice.
In a previous analysis (Jan 19), I had already identified this possible complex Inverted Head & Shoulders !
It is composed of a double head and an inner small inverted H & S in the right shoulder
as explained on the link that I had already given in comment of my previous idea.
Above all, everything seems to fit inside an isosceles triangle!
This pattern is...
Bitcoin Rebound thanks to a Inverted H&S with Two Right Shoulders?
Only a pump next above the white neck line will validate this pattern already encountered in the past!
Augur started its bull impulse after breaking up out of an inverted head and shoulder pattern it then went well above the projected breakout target and it was at that moment you could tell it was going to at least aim for a cup and handle or a higher high. It has achieved that higher high and not only that the enxt high to reach is a considerable rung above...
We currently have 2 4hr chart bull patterns forming a little falling wedge bull pennant pattern(in yellow) and a potential small 4hr inverted head and shoulders pattern....a breakup at the right point from the falling wedge pennant could give the bulls enough breakup momentum to get above the neckline of the 4hr inverted head and shoulders and even potentially...
