Eur/Nzd appears to be making an inverted head and shoulders at key S/R level. I will aggressively go long on the right shoulder. We'll see if I'm right!
With the intraday bounce at 3870, $ES is setting up a potential inverse head & shoulders pattern.
Trigger is clearance of neckline resistance at 3920-30, and the target zone is 3980-4030.
Any crossing below 3845 invalidates this pattern.
Unfortunately, a few days ago, when I saw this pattern on the Ethereum and Bitcoin charts, I forgot to record the Bitcoin chart in the ideas section and only recorded Ethereum.
There is no problem, there is a proverb that says, a fish is fresh whenever you take it out of the water.
This head and shoulder bottom has taken 5 months to complete and it ais a classic head and shoulders and should break out and run for the next 5 months higher to approximately 4.10 from now 2.50
64% move up in 5 months. The news also supports the move Nano One has made 3 major announcements over the past 5 months.
Head and Shoulders in 1H TF it's already crossed, such as the BB what means a big chance of bearish and tomorrow we'll have the UK Employment change and the Unemployment rate
Hey everyone I want to make this short and sweet because I want you to see this but I do not have time today to put out the companion video with it, but I will either tonight or tomorrow. I wanted you to see how this pattern is almost the same inverse head and shoulders print as before, however the last time, the pattern failed and fell into a choppy...
As mentioned in the title, a possible INVERSE head in shoulders may be in play. What would need to happen is a price action very close to what I have drawn in red on the right shoulder and a retest of the neckline at around $430 resistance. If we can get these two things, I am confident we will have a breakout and a retest of the $452 resistance and gap fill...
VET already broke 20 days resistance and we can seee outbreak also there is inverted head and shoulders pattern on 15m chart and the reversal candlestick on 1 day chart
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?
it is possible that bitcoin will create a head and shoulder patron, but it is also possible that bitcoin will set up a new all time high, so that retail traders will buy bitcoin so that they can sell their bitcoin for a higher price
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 :)
Last week we saw pretty nice spike in $TM with the announcement of the shares buyback. I bet against it even though i had it targeted to reach $206, but with all the uncertainty in the market I thought it wouldn't make it. As it hit the peak of $213 we can see it formed a head and shoulders pattern which brought us back down into the 2nd gap of the original...
Bitcoin is doing what in my opinion is head and shoulders chop pot. It is completing the second shoulder heading to retest already previous tested support.
