classical_chartist

classical_chartist

GBPAUD Technical Reasoning: Inverted Head & Shoulders Pattern Conformation: Wait for a break and close of the neckline before entering

classical_chartist

SPX500 Technical Reasoning: Inverted Head & Shoulders Pattern Conformation: Neckline has been broken and retested, buy at market

classical_chartist

According to classical charting principles the most effective H&S patterns develop with in a rectangle structure and have clear horizontal boundaries.

classical_chartist

NZDJPY 240, Price may have completed the right shoulder of a potential inverted head & shoulders pattern which is setting up at a key horizontal structure level (72.347) which has held multiple times. It is important to exercise patience with H&S patterns and always wait for a break of the neckline before entering a position.

classical_chartist

Reasoning - Double Test of 200 EMA on Daily Chart - Daily Bearish Engulfing Candle on Friday - Price has been rejected multiple times off 21 EMA on Weekly Chart - Rectangle Top Pattern Breakout Complete on 60 Min Chart

classical_chartist

Potential 2+ Year Rectangle Pattern Developing CHFJPY Weekly Chart.

classical_chartist

Continuation Head & Shoulders Pattern setting up within clear horizontal boundaries on EURJPY Weekly Chart.

classical_chartist

A nice inverted Head & Shoulders pattern nearing completion on XAGUSD daily chart.