We can see bitcoin forming an head and shoulder pattern once it break the neckline we might see some bearish move
Targets have been marked on the chart.
please share your views regarding this analysis
Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: CHFJPY is sitting around strong resistance in green so we will be looking for sell setups on lower timeframes.
on H4: CHFJPY formed a head and shoulders pattern in orange.
Trigger: Waiting for a momentum candle close below the gray neckline to sell.
The head and...
-Price has created a head and shoulders pattern
-Price broke the neckline
-Price is on route to retest the neckline & possibly have a third touch of the descending trendline
-I will aim to enter at the third touch, if the opportunity arises
-If not, entry will be at a fib level rejection
Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: GBPNZD is sitting around a strong resistance in orange so we will be looking for sell setups on lower timeframes.
on M30: GBPNZD is forming a head and shoulders pattern (still an idea) so we will be waiting for the right shoulder to form to consider it...
When we look at the chart we can see that there is a possibility of an shoulder head shoulder formation forming. If we get the break of the neckline we could consider to go short.
Please let me know in the comments what you think of it and share your idea for this pair also.
If you like the idea, don't forget to give it a like.
If you have any questions, feel...
Hello traders, EU on a lower timeframe. EU is trying to reached the gap below and also retesting the Head and shoulders neckline and getting its liquidity back before it starts moving to the upside. Always look for candle patterns and candle form, to tell you which direction the market is going. React don't predict. If you don't see it don't do it. Thank you for reading!
todays chart is showing breakout of the long term pendant to the upside. however we are struggling to pass the head and shoulders neckline.. keep in mind this head and shoulders is also within a larger W pattern. a break of the W neck line will be bullish signal.
always wait for larger than average volume to provide confirmation that there is buying/selling...
Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY : GBPNZD is sitting around a strong support area in green so we will be looking for buy setups on lower timeframes.
on H4 : GBPNZD is formed an inverse head and shoulders pattern so we are waiting for a break above its neckline to buy.
Trigger: Waiting for a...
hello traders, my possibilities are rejection off the neckline from the double top or from the gap at the bottom. Either way hoping to be selling for the rest of next week. Thanks for Reading
STORJUSDT waiting for a pullback after the price had a breakout downward.
If The price flip the neckline as resistance, According to Plancton's strategy, we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure ->...
If you like the idea, do not forget to support with a like and follow.
on DAILY: NZDJPY is approaching a resistance in blue so we will be looking for sell setups on lower timeframes.
on M30: NZDJPY is forming a trendline in red (not valid yet) so we will be waiting for a third swing to form around it to consider it valid and then sell on its break...
Hi Traders!
The market is in a downtrend.
We're going to analyse those timeframes: W1 - D1 - H4 - H1
Let's begin the multiple timeframe analysis with the weekly Timeframe.
The market is moving below the 50 EMA, so it has more bearish pressure at this moment.
Furthermore, it is also moving in a descending Parallel...
Price had formed an H4 double top at a monthly resistance and dropped all the way to monthly support (now resistance) which it broke and retested and dropped again. The market then went into consolidation which it broke out of when the the Chair of Supervisory Board of the ECB (European Central Bank ), Andrea Enria, spoke. Now price is at my 32.8% fib level and...
this is trade 206 frm haidojo trading...
neckline 1477 is broken! so now downtrend is confirmed...! so the best strategy now is short on rebound...
if you buy or intend to buy stocks in Malaysia, I reali think it is not the best timing...
lower level support is 1450 and 1400 support...
bearish bat and gartley pattern no longer valid...this is because leg A is...
