After the bottom at the end of September EURUSD rose to the levels of resistance we expected. There we see the first repulsion - the left shoulder. Re-ascent and second repulsion - the head. And now we expect a third repulsion - the right shoulder. In the Head and Shoulders formation, a confirmed entry is made in the event of a break in the neck line. This means...
AUDCAD is forming a head and shoulders pattern around resistance. We also have a divergence adding more confluence to our setup. Our trigger would be after a momentum candle close below the neckline. And the stop loss would go just above the right shoulders. We always target double our stop loss! Good Luck!
this is haidojo and the number is 177... as the market price rebound on Friday, we might see the price retest the higher-resistance level at 2900, or slowly glides down frm the current price... IF the market retest the 2900-resistance,THEN possible formation of head-and-shoulder pattern...so wait for break to the downside of the neckline at 2800...(we actually...
Since altcoins fail to recover, we see bitcoin dominance in a strong recovery. Investors taking their profit either to USD or Bitcoin. Where we will see a strong bounce to the upside, if it breaks the neckline. This doesn't mean necessarily that the price will follow. But it shows that investors trust might jump back to Bitcoin. Since altcoins having a hard time...
PYPL formed a head & shoulders and had attempted to rebound from the neckline multiple times in the past week but failed. The break below the head & shoulder neckline appear to be gaining traction and we are likely to see a downtrend till around 160 (H&S target). Expect some suckers rally along the way. Disclaimer: This is just my own analysis and opinion for...
This pattern is very trustworthy. Wait the breakout or pullback to the neck line, then sell. Target: Around 400 (round price) Keep it simple. Good trade!!!
EURJPY is forming a head and shoulders pattern around resistance. we also have a trendline and divergence adding more confluence to our setup. our trigger would be after a momentum candle close below the neckline. and the stop loss would go just above the right shoulders. we always target double our stop loss!
USDCHF is forming an inverse head and shoulders around weekly support. we also have a trendline and divergence adding more confluence to our setup. our trigger would be after a momentum candle close above the gray area, and the stop loss would be just below the right shoulder. we always target double our stop loss size.
XMRUSDT is testing a neckline of head and shoulder created on monthly resistance. the price bounce on weekly trendline and on 0.5 fibonacci Level. IF The price will break the neckline we can see a new impulse, otherwise the price could retest the weekly trendline. According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Keep in...
AMD has formed a head and shoulders pattern and is looking vulnerable to a breakdown of the neckline @ 76. Should we have a decisive close below 76, the eventual H&S target could be 58. Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. ...
SHOP is looking vulnerable at the moment, after having formed what looked like an "imperfect" head & shoulders top. Watchout for the neckline which currently at around 900. Bearish if starts breaking below this level. Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade...
hi, this is haidojo trading and the number is 143...consolidation breeds advanced patterns...likewise, now we might face a possible deep bullish gartley pattern...it is compatible with the formation of the "neckline" in my previous analyst...don't aim high on this one...even if it works, it will just rise back mildly...not that kind you wanto hold for swing...
this is the 1st day of the new fcpo-nov... hi, this is haidojo trading and the number is 139... well, what has happened today is the price tested 2710 and slided down...next level it might go to the "neckline" 2560-2605...a break lower than this level indicates that a lower-low has formed...trend has changed to downtrend... resistance : 2780-2810 immediate...
+Bullish FLAG W1 & Double bottom testing Neckline +Descending Channel D1 Price @Support level/ Wait for candlestick formation for reversal/ Double bottom visible +Pullback H4 / Fib Retracement @38.2 +Price testing a support level +Look for buy opportunities
hi, this is haidojo trading and the number is 137... see what is going on the next week...if the price will retest higher level at 2780-2810 the "head" and "left-shoulder"... or retraces back to the "neckline" at 2560 - 2605... resistance : 2780-2810 immediate resistance : 2710 lower support : 2560-2605 the possible neckline for "head-and-shoulder" ...
1) Price broken neckline 2) Price at a major zone 3) double top rejection - potential rejection 4) need to wait for a retest towards neckline with clear rejection off 5) Price moving in a bearish pattern towards the major zone