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...
Usd/Jpy . Targets: sell 102.859 . Price broke necline. Don't forget to look the economic calendar. . . . . THANK YOU
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 ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure ->...
Only 5 days until monthly candle close and it's currently still above the double bottom neckline here a monthly close above the neckline would be a very bullish outcome imo. This is the chart for the alt coin market.
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 Channel. So, we're looking to short this market...
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...
If you like the idea, do not forget to support with a like and follow. on DAILY: CADJPY is approaching a support so we will be looking for buy setups on lower timeframes. on M30: CADJPY formed an inverse head and shoulders pattern so we will be waiting for a momentum candle close above the gray neckline to buy this one. Good Luck!
Hello everyone, here is the top-down analysis for GBPCHF, feel free to request any pair/instrument or ask any questions in the comment section below. If you like the idea, do not forget the like! Best of luck!
Good entry point on COMP as it reached the neckline of the W pattern as shown on the chart. There is a good pump potential in this scenario. Entry: 105-110 TP: 120-130-150 Stop: 96.2 Like follow or even comment if this analysis helped !
Hello traders and investors! Let’s see how AMZN is doing, and what are its most important key points to keep in mind! First, we have the green line at $ 3,277, which was a previous support, and it worked as a resistance today, thanks to the Principle of Polarity in Technical Analysis. Also, it has a strong support at the black line, around $ 3,125. If we...
on DAILY: NZDUSD is sitting around a resistance zone so we will be looking for sell setups on lower timeframes. on M30: NZDUSD is trading inside our red channel and forming a head and shoulders pattern (not valid yet) so we will be waiting for the right shoulder to form and then enter on the neckline break downward. as usual, when the sell is activated, our...