shoulders

compago

my comments on the graph, thanks for looking. I hope we moon but..

compago

$1300 IS THE TELL. Which way will it go? H&S / Double Top forming? Hedge your bets

SpiderMan Updated 

Potential Inverse Head and Shoulders Forming on the Daily

Learn-2-Trade

Price has not managed to break through resistance at $53.45 creating a head and shoulders pattern, now we should be looking to hit target of $52.20

goonboxpapi

Head And shoulder pattern forming.

SMMottershead Updated 

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daxtrader54

It may well be tenuous, but is it an opportunity for a short?

zhipengcfel Updated 

DXY had a sharp decline last weeks and came to the previous consolidation area. It might bounce here to form a right shoulder, which will be wave B. Good luck for everyone!

GDKLockout

So OK. I was wrong the first time about the break out on this market and it cost me 100 pips. I learned the "wait and see" lesson (again). And a lot of the other traders did predict this spike back up into trend before the bear run. However, what to watch for? So this newly formed head and shoulders gives us its neck line on old support/resistance which is...

Ometrading

Will SHS be created? If price hits support level, we will have a clear opportunity to go long. Now its time to see how the price develops.

pipsaviour

left shoulder, neckline and head have all formed, waiting for right shoulder which could trigger a possible reversal move.

goonboxpapi

We about to cure that dandruff with this head and shoulders baby.

GenesisCTY

With the weekly chart bouncing off the 50% Fibonacci level AND creating a strong bearish engulfing bar, further confirmation comes with an absolutely beautiful H&S pattern right here! However, I expect it to retrace all the way to the previous trendline that it recently broke off. Comment and let me know your thoughts on this! May the pips be with you!

AdvancedAlpha Updated 

The head and shoulder in EURUSD is now completed and potentially the pair could be in much lower level by year end ahead of Fed interest rate decision. There are several other price action indicators that suggest EURUSD could go lower and we think it this trade present a good risk and reward opportunity.

otiliocar

IM SEEING A SHORT WITH THE COMPLETION OF THE GARTLEY PATTERN. ALSO CURRENT RESISTANCE IS AT NECKLINE FOR PREVIOUS SHS STRUCTURE. A SOLID 100 PIP MOVE TO COME.

EmileLetellier

This looks a lot like a head and shoulders pattern to me. If the stocks goes back to 22.28 ( the last support level), it's probably going to cross it and go down by a lot.

ZubrMoldova

n the above chart, we notice from the left of the chart, that price was in a down trend. Soon, it establishes resistance level and drops lower only to rally back up to test the resistance. On successful test of the resistance, price drops back to make a lower low, forming the head and eventually makes the right shoulder. After this, price breaks the neckline...

ZubrMoldova

The above chart, we notice from the left of the chart, that price was in a down trend. Soon, it establishes resistance level and drops lower only to rally back up to test the resistance. On successful test of the resistance, price drops back to make a lower low, forming the head and eventually makes the right shoulder. After this, price breaks the neckline...