OANDA:GBPUSD An inverse head and shoulder pattern has formed on GBPUSD as price breaks bearish structure, price should break neckline/resistance to validate a bullish move on GBPUSD
Since my last publication on this pair (see link below for reference purposes), prices have continued to spiral downwards thereby emphasizing a downtrend momentum as the JY129 area remains the significant level keeping price under. Despite hawkish ECB, the meeting might fail to offer the Euro a lift anytime soon as I suspect that the bears are about to project...
BTC retesting neckline of inverse head and shoulders. This is a crucial point for Bitcoin and with the tight consolidation happening, are you going Long?
Welcome back! Here's an analysis of this pair! **GBPJPY - listen to video analysis. We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your...
OANDA:AUDUSD AUDUSD formed a triple bottom pattern on an uptrend on the 4H, broke the neckline/resistance of the triple bottom pattern and is forming a retest, a bullish reversal candle will be a confirmation to go long on AUDUSD
SP500 on the 3d chart creates a possible Head and shoulder pattern at the top of a long bullish trend. After the left shoulder, the market forms the head with a double top over the monthly trendline at the 4800 melt to the support. The price then reacted at the support area and tested twice the resistance area at the 4590 level creating the right...
Hello Bitcoin has made an nice looking inverted head and shoulder pattern. The right shoulder is higher than the left one which tells there is eager buyers, and makes the pattern more bullish Target is around 60k but ofc we need to break the 50-52k hard resistance area to get there. Take a note also that the 10EMA (blue) and 25EMA (yellow) has...
Reverse H&S forming, waiting for the neckline to be broken and a retest before going long on this position up to potentially $1.40. Waiting for confirmation before making any entry. Let me know what you think all criticism is an opportunity to learn :)
BTCUSDT Reached the Peak of this Cycle. On this chart you can see Fionacci's golden ratio correlations in a daily macro overview. We have a strong confluence between the actual peak as a pullback to Head and Shoulders neckline and the count of timeframe besed on golden ration, peak by peak. A monthly target is speculated based on AB=CD harmonic pattern.
BTCUSD probably reached the peak of this cycle with daily overbought condition, double bottom, bearish bat signal and volume lecture based in wyckoff's fundamentals. This pullback to Head and Shoulders neckline is a condition to validate the pattern. The price action is confluent with S&P500. More confluences can be see in the macro daily timeframe analysis.
KSM is testing the Neckline of a massive Double Top from a year ago, which makes it a very strong Support channel. A few targets within the weak descending channel: Target #1 = 165 Target #2 = 161 Target #3 = 158 Target #4 = 156 SUPPORT DAILY = 156 to 141 Once KSM reaches the Support Daily/Neckline, watch out for turbulence. I'll consider entering after it...
Well, wel... We'll see soon ? Well, well... I prepare my invest for all once time break the neckline.. And well, well the target will be 20/25k...
Just broke the neckline of a pretty big head and shoulders. I'm looking for a retest of broken neckline support to be confirmed as resistance at the first circle. First target at longer term support, second target at the projection of the head and shoulders. Wednesday's CPI data may help confirm direction.
Waiting for it to break the head and shoulders and go to the upside
We have a beautiful Head and Shoulders pattern on the Monthly Timeframe, Price has also broken the neckline of our Head and Shoulders. I expect price to fall most of the year for this pair as it has taken a very long time to form this Pattern on the Monthly Timeframe. I am waiting for a pullback to the new resistance area, then I will wait for the bears to...
Hello everyone ! Now that Christmas is over we can start to go back to business, are you buying BTC? Are you afraid of loosing your opportunity? Fear no more! Your favorite Youtube and Twitter influencers are out there to push you to buy BTC for 50K because it is cheap and bullish! Ok, that was enough, do not buy anything green or far from support please....
Hello everyone, if you like the idea, do not forget to support with a like and follow. AMB is overall bullish and now approaching the lower brown trendline acting as non-horizontal support, so we will be looking for buy setups. on H4: AMB is forming an inverse head and shoulders pattern , but it is still an idea. Trigger => Waiting for the right shoulder...
DJ has been forming a roundish "top" / widening wedge. A sign of sluggish momentum for the past 6 months. It retested the "neckline" at around 3400 last week but once again it began to bounce off this neckline with a bullish divergence. Despite the strong sell off in S&P and NQ last Friday, DJ was pretty much unfazed. I will not get overly concerned about US...