Hey guys! its your girl forex potatoe. Here we are again with our trade idea for today. USDCAD is currently in a downtrend in 4H Timeframe, 1H and we can see the momentum is shifting from bullish to bearish in the 30 Mins and 15 mins Timeframe in the direction of 4H TF. At the resistance, trendline as been broken and a head and shoulder formed now on the 1H...
The left-hand chart suggests that, having failed to establish support at its previous low of 2022, the near-month gold futures contract has further to decline. On this basis we would be more ready to add to an existing short position than to start a new one. The right-hand chart highlights the recent moving-average crossover as a sell signal. We might hold out...
PEPE has beentrading relatively bearish since it topped early in December. With BTC moving down, it's getting more likely that PEPE will see some kind of sell-off in the near future. I'm looking at this inverse head & shoulders to play out over the next weeks. Ideally, we get some kind of bounce going around the 85 area. Patience is key on this trade. If PEPE...
Classic head and shoulders on the 1hr timeframe. Looking at a low of .66 which is also current support for now. There is also a bullish trend line on the longer time frames which must stay in tact. We could be seeing a bullish reversal after confirmation of support level .66 and if broken we are looking at .60 and lower.
📊 Overview: TIAUSDT, following a brief consolidation post-bullish trend, shows potential for a bearish reversal. Bearish divergence on 1-hour and 4-hour timeframes, along with a forming head & shoulders pattern on the 1-hour chart, raises caution of a downward move. 📈 Technical Analysis: Bearish signals include divergence on multiple timeframes and a developing...
GBPUSD head and should and over general technical analysis and why my hypothesis is sells \ * if price pushes above the level and show any signs of bull pressure i will adapt to market conditions
(Audcad long- and short-term analysis) I wanted to show you guys my whole thought process through Audcad so you guys can watch how this plays out. * as traders we cannot predict the market but we can take what its giving us and run with it.
🔴 #RUNE Analysis : ❓️❓️ 🔮There is a formation of Head and Shoulder Pattern in #RUNE. If the candle closes below the neckline then there will be a confirmation of breakdown which shows the continuation of downfall trend. We may see a fall in #RUNE📉📉 🔰 Current Price: $5.079 🎯 Target Price: $3.825 ⚡️What to do ? 👀Keep an eye on #RUNE price action. We can...
Head and Shoulder pattern has formed in Nifty index on 15mins chart. Targets and SL are calculated. If we close above Target 2, 22000 is on the cards! PS: I am long already. So, consider the bias.
Aucad technical breakdown showing price forming higher time frame pattern and lower time frame break of structure.
OANDA:USDCHF USDCHF (H4) could appear head and shoulders pattern? Note: These are not trading signals!
I think it's obvious what GMX is doing. Closing candle above 59.5 will be huge confirmation but closing where is it now is fine too. I will be Taking Profits at those green lines.
Please note this stock have my portfolio stock Very bulish on this stock Reverse header and shoulder pattern No recommendation for buy and sell Fundamentals strong stock
PEPE has been consolidating all week. The most likely outcome is that PEPE will simply continue to go up over the next few weeks, but I want to prepare in case it doesn't. In case that PEPE has topped (and BTC will go down), I'm looking at an inverse head & shoulders pattern to potentially play out over the next few months. My risky entry will be around the 82...
In yesterday's analysis I argued that Bitcoin's bull-trend is far from over. The short-term trend is still in favor of the bulls, but only as long as the bottom support held. As of yesterday, BTC has successfully bounced from the bottom support and is currently underway of forming an inverse head & shoulders pattern. The pattern has not yet been confirmed, so...
First target achieved in Polycab. Aiming for second target now with SL trailing to previous day low. How's the josh?
We expect further downside on this pair, signalled by the head and shoulders pattern breakout. We can also see the breakout of a key level which further supports our directional basis.