Shoulder
Head and shoulder Possible head and shoulder, i think that the third blu triangle will be completed, so for now the idea is going short till violet line. Reached this line, in my opinion MCDONALDS will follow the down trend (under blu line) with second target fix to orange rectangle (zone 113.36)
EURGBP possible forming of a Head and Shoulders pattern. EURGBP possible forming of a Head and Shoulders pattern. Waiting for completion of right shoulder and then possible chance for a short position.
11 months inverted H&S pattern.Perfectly symmetrical H&S. Now we would be at the symmetrical point we were on July 23, 2015. It could get to 56 in a month, month and a half.
Sell EURGBP - Head and Shoulder Pattern with Down ABCDDaily Head and Shoulder
Down AB Swing/ Retracement from .618
Target 1.618
Strong resistance @ 0.7500
Bearish Engulfing Candle Stick Formation
GBPUSD: Possible Head and Shoulder formationGBPUSD: Possible Head and Shoulder formation. Buying at right shoulder. SL is ATR.
EURGBP: Possible Bull Head & Shoulder. Buying at Right ShoulderEURGBP: Possible Bull Head & Shoulder. Buying at Right Shoulder
EURUSD: Bear H&S or Continue uptrend? IDK!EURUSD: Bear H&S or Continue uptrend? IDK! So my setup is trying to catch if one of the moves. SL is ATR.
AKS Head and Shoulders Formation -- Basic MaterialsAks appears to be forming a head and shoulders or perhaps double top. The weekly RSI closed at 100 showing that this price is severly overinflated. I expect a pullback into 3.26, with support at 2.75, and then 2.50.
EURUSD: Possible Head formation. Preparing to sell at topEURUSD: Possible Head formation. Preparing to sell at top of right shoulder. Entry is at 61.8% fibonacci level which also confluence with long period Ichimoku base line and long period middle bollinger bands line.
AUDJPY: possible head and shouldersselling at right shoulder. one on top right shoulder, one below SR level. SL is ATR
GoldPrice may reverse from trendline resistance.
Disclaimer: Its only my view and trend report.Trade at your own risk
EURUSD: Possible head and shoulders formationEURUSD: Possible head and shoulders formation. I'm selling at top of right shoulder and SL is ATR
AUDNZD may be supported by 1.0880 to complete Inverse H&SAUDNZD has been shaping up an Inverse Head and Shoulders patter on the Weekly chart. The pattern is not yet complete but we still have potential LONG opportunity ahead.
Price has broken structure resistance of 1.0880 and looks like it may be making an attempt to retest as support. If that happens, this could leave a nice Price Action signal for Buyers.
Bearish SPY Head 'n' Shoulders FormingThis head and shoulders pattern is almost text book so far in its present development. Volume is up on the advance of the left shoulder and lower on the advance of the head. We're missing that extra warning of the increase in volume on the decline of the head. There is, however, very weak rise in volume on the decline of the right shoulder. Combined with weakening breadth I'm fully taking it as a bearish turn.
We still have to see that neckline support break convincingly with a nice rise in volume for the pattern to complete.
The "rough guide" price target is ~195.
Let's see what happens.
(repost) GARTLEY PATTERN W/ POTENTIONAL HEAD AND SHOULDER.Goodmonring,
I've been watching this pair for a while now. and i posted a potential trade 7 days ago ( )
If the price come's to Point D of the gartley pattern i will go short on this pair.
on that point it could be the right shoulder of the head and shoulders.
Lets see where the price is going!
Good luck this week.
Best regards.
