Hey tradomaniacs, welcome to another free signal! Important: Wait for the retracement back to neckline-area and previous trendline before you sell. ----------------------------- Type: Day-Swingtrade Market Sell: 121,260 Stop-Loss: 121,790 Target 1: 120,650 Target 2: 120,310 Target 3: 120,000 Stop-Loss: 53.0 pips Risk: ...
- After today's drop to the neckline, a Head and Shoulder formation had formed. - Short term trend is reversed as the index is unable to achieve a Higher High and broke down below the uptrend. - If the index break down below the neckline, we should see the index heading towards 2900 (measurement based on the H's height) - Be prepared to short it but wait for...
Despite negative US data, USDJPY formed retest on broken double bottom neckline, I have placed a possible long term trade to the upside.
The AUDUSDs present a short signal offering about 85pips opportunity. The appearance of a double top and the market ranging at the neckline, leave us with an option to wait for a neckline breakout and a possible retest to short the market to the 0.67590 area
Wait for confirmation retest of neckline then look to long this for about 80ish pips!!!
Ahoy there mateys! Let's dive right in. TSLA fundamentals are arguably weak, the EV market is becoming more and more competitive. We're seeing strong entry into this market from the likes of Volvo, BMW and now even Porsche has a nice EV coming. We can also see demand softening for TSLA clearly evidenced by recent price drops on the vehicles. In a period of...
sell already activated however price is still near entry for those who wish to enter now: 1- head and shoulders pattern 2- break of neckline 3- break of trend line
reasons to take the trade sell : ( waiting for a better momentum candle to confirm the break ) 1- double top forming 2- break of the the double top neckline 3- bearish hidden divergence on rsi
Daily Chart: On Daily, Gold has beautifully breakout the neckline of Head and Shoulder pattern. Waiting some retest, or maybe just little reverse , then Sell gold for huge profit SL is when Daily candle bar close above the neckline.
Step #1: Identify the Phase of the Market. The Double Top reversal needs an uptrend. Just because you can spot the double top reversal it doesn’t mean you have to jump in willy-nilly. Remember, we need the right context and everything needs to line up for a good double top reversal. So, the first step is to identify the phase or the market condition. At any given...
This is a follow-up from my earlier idea where I called a double top on MU. MU has broken down from the neckline support, tested the neckline support (now a resistance) and failed.
Not confirmed yet, but it looks like there is a pretty high chance that the price will retrace from the current levels, which will indicate that an H&S pattern will be formed, which means the up-trend reversal. As a result, it would be reasonable to open a short position on the break of the neckline. A 1-hour time filter (candle close) should be applied as a...
ZEC - Head and Shoulders pattern. Neckline breakout with high volume. Breakpoint rate: 0.01950600 Take-profit rate: 0.02314850 Profit percentage (%): 18.67% Stop-loss: 0.01797000 Breakpoint date : 2018-11-07 17:25:00 Timelimit date : 2018-11-27 17:25:00 Entry risk: -7.87% Risk/Reward: 0.4
After AMZN it seems it is now time for Apple to enter a bearish cycle. The stock is in double shoulder-head configuration, a very bearish pattern. The neckline of the figure has been broken today. Volumes are present. Conclusion: SELL !!!
DHLF was in range bound or in consolidation from the NOV. 2017 to till date, in that process a DHLF has formed a classic bullish pattern called as Inverse Head and Shoulder Pattern. now price are almost trading on supply side and waiting for breakout out from the neck line of Inverse Head & Shoulder pattern, if breakout occur with follow through , we can see...
"We're going higher, higher and higher" - ABSA Theme Song :) Details on the chart y'all FOREXCOM:EURUSD
The 4 hour chart of the EUR/USD has formed a Head and shoulders pattern The pair is likely going to retest the neck line selling pressure will be more after neck line resistance retest short now....
The 4 hour chart of EUR/NZD has formed a head and shoulder pattern. It has been formed after a long bull run and so we can expect it to be selling pressure to intensify. As per our analysis,we expect the pair to make a strong bearish move.