GBPUSD, good time for buyGBPUSD, created invert head and shoulder pattern. now you can place a buy order.
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Inverse head and shoulders. Hello team. price has created a inverted head and shoulders so we have long bias on this pair. leave a comment on the pair you would like and a like
pot. reverse shoulder head shoulder pattern - BTCpotential bullish reverse SHS chartpattern in 4h time frames.
- significant increase in Vol. in last shoulder
- lowered neckline
- hight from neckline to reverse headpoint: target + 1029p / 16,97%
OIL BIG MOVE HIGHER COMINGIt looks like Oil has now bottomed. I am expecting a strong move higher starting within the next couple of days.
I have my first target above but it expected that we will easily run that target.
Long bias on CL, let's go!
#GME INVERSE HEAD & SHOULDERS FORMING ALMOST COMPLETE#GME INVERSE HEAD & SHOULDERS FORMING ALMOST COMPLETE
More downtrend expected I've been expecting this fall since 2 months ago and my target is just above 50, there are still very strong support at 59.24, following the bearish Bat harmonica I expect the price goes back up to 64.04 then fall forming an H&S heading around my mentioned target which I calculated following pre-covid data FX:USOIL
GC> continuation of a downtrendAdmittedly this trade does not present the best risk reward ratio, but the high probability of success for this trade makes it worth the trouble.
Please see my previous GC post (link below) and how price has followed as I predicted at that time.
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Thank you,
Ms. Bunny.
MANA Decentraland - Head and shouldersThis has the potential for a Head and Shoulders pattern. I don't own any.
SXPBTC is creating a massive Inverse head and shoulder 🦐The price is creating an inverse head and shoulder on a daily timeframe, and now the price is testing its neckline. IF the price will have a breakout and flip the current neckline into new support, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
AAVE short shortPotential short term short opportunity.
Might offer a long opportunity also. If it rebounds back above the neckline and invalidates the H&S, it would likely be a good long, as bulls would be back in control.
Usd/chf head and shoulder patternUsd/chf head and shoulder pattern
Waiting for conformation before enter to the sell trade
Right Shoulder on Dow/GOLD?I had drawn up this chart not long ago, with 17.7 as a significant level of resistance where god might begin to outperform and allow it to catch up on the otherwise stellar performance of the DOW in comparison.. No way of knowing but with time!
we can see that the it seems over-extended, and that the stoch is turning down. It also might require a re-test of it's channel breakout.. a failed re-test is where I would get excited, but I'm not holding my breath!
Bitcoin current Head & Shoulder formation playing out US$ In terms of chart patterns, this to me looks like a Head and shoulder formation.
That being the case, we are coming close to a critical point in time. If the pattern fills out at the neck line and goes North everyone is happy.
If it goes south there will be a cohort who will be extremely excited at buying BTC at a fantastically low $6500 in the coming weeks.
Do you agree that this is a Head and Shoulders pattern.
head & shoulders forming ????as you see we crashed threw one pattern of head and shoulders, could we now be forming a larger one, ? keep watch , this is just a simple idea
GDX- Miners Reaching Lower?A break of the inclining support originating from Jan 2016 may trigger some selling pressure as it would complete a Head and Shoulders pattern. This may be an inverse expression to the IHS forming on the DXY. I'm about 70/30 convinced of this right now. The attached link makes a strong dollar case.
The average distance from head to neck results in a projected 24$ target, with the very base support above 22. If this played out similar to other sell-offs, we could expect the downward pressure to reach 24+ and ease before turning between Feb 1st and Apr 19th. This could be an algo/leverage driven flash sale so we might expect equal violence to the upside later in the summer/fall. (15% chance?)
What is more probably more likely is that the chart will bounce in the 28 range before deciding to follow-through to 24 or, consolidate and ultimately resume an up-trend. (85% chance)
Whether this coincides with a broader market decline remains to be seen, though my suspicions tell me that this week (Jan 25th-30th) will be very telling.
BTCUSDT - Inverse head and shoulders on 1h TFBitcoin chart has printed inverse Head and Shoulders pattern on 1h time frame. The neckline has broken above and I expect the price to go up to around 35500 USDT. Let's see how BTC is doing in next 24h.
GBPUSD shortGBPUSD formed inverse head and shoulder on the hourly chart, but it was only a fake breakout the 78.6% fibonacci retracement. In my opinion the next support is between 1.34-1.345. I recommend to open short position on market price, with stop loss around 1.38, and Take profit around 1.34(Risk:1%).
Trade at your own risk.
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