USDCAD POSSIBLE MOVE H1Hi traders, USDCAD is setting up for a short term down side move watch price action on USDCAD and look for short GOOD LUCK.
Head_and_shoulder
EURCAD H1 POSSIBLE MOVEHi traders, EURCAD is setting up for a breakout and continue to the downside watch for a breakout and look for short GOOD LUCK.
TECHM - Head and Shoulder pattern All details are given on chart. If you like the analyses please do share it with your friends, like and follow me for more such interesting breakout charts.
Disc - Am not a SEBI registered. Please do your own analyses before taking position. This post is only educational purposes and not a trading recommendation.
ETHUSDT - WATCH OUT, Bearish Pattern ❗Hi Traders, Investors and Speculators 📉📈
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
I'd like to point your attention to a bearish pattern forming on the 1D timeframe on Ethereum , a Head and Shoulders pattern is busy forming the final right shoulder. It's always tricky to say exactly where the pattern will correct to, but it is usually close to the zone where the pattern start's. This would give us a target between $1100 - $1200. A break above the head would invalidate this pattern ($2000). NOTE that this pattern may take some time to play out, since the last shoulder is still forming.
To consider a bullish reversal, we'll need to see a reliable bottom pattern form on a higher timeframe:
If you're interested in additional ways to make money with Crypto, check out this idea:
If you're interested in what affect the Russia-Ukraine war might have on the Euro in the coming winter months, and how this relates to Bitcoin, check out this idea:
Thank you for watching, tune in again tomorrow !
_________________
👀 Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎
👍Hit like & Follow 🔔
We thank you for your support !
CryptoCheck
EURCAD H1 POSSIBLE MOVEHi traders, EURCAD is setting up for a down side move watch price action on EURCAD and look for short.
NOTE : My view or idea is just a technical base not combined with fundamental GOOD LUCK.
TAN - Solar ETF H&STAN - Invesco Solar & Wind energy ETF has a small head & shoulders formation. Price closed Friday approx at $80.00 neckline. 1st downside objective to fill gap $77.29.
Top 3 stocks in TAN ETF: $ENPH $SEDG $FSLR
AUDCAD H4 POSSIBLE MOVEHi traders, AUDCAD is setting up for a downside move its retesting look for sharp sell.
NOTE : My view or idea is just a technical base not combined with fundamental GOOD LUCK.
Data confirms deflation, the euro is falling stronglyThe Markit Composite PMI and Services PMI for the Eurozone were just released, which recorded a noticeable decline against expectations. Where these two indicators indicate a decline in the conditions of the economy and confirm the predicament of the European deflation, as it came below 50 points. This is in light of the recent turmoil in Europe in general, and Germany in particular, due to the gas crisis that plunged the euro to its lowest level in 20 years.
The Markit Composite Purchasing Managers' Index for the Eurozone came to 48.9, down from 49.9, which is seen as a good indicator of economic health if it goes above 50, and vice versa.
The Services Purchasing Managers' Index recorded 49.8 after it was estimated to have registered 51.2 points. It gives a clue about the health of the service sector in the Eurozone. Traders keep a close eye on these surveys because purchasing managers usually have early access to data on their companies' performance, which can be an indicator of overall economic performance.
SFP head and shoulders #SFP/USDT
$SFP is inside symmetrical triangle and also shaped head and shoulders pattern that price is above the neckline.
🐻 breaking down from neck line can drop price to lower support zones and final target of H&S can be around $0.36.
🐮 holding the lower line of triangle as support can increase price to upper line and break out from upper line will increase price to upper resistance zones.
AUDUSD - PULLBACK REJECTION TRADEAUDUSD was one of my favorite pairs to watch last week as we had 2 of my favorite patterns (Head & Shoulders & Descending Triangle) completing at the same location. Since then we've gotten our breakout & now the market is offering another opportunity to get involved.
After the initial pullback into the breakout point/neckline, price put in another new structure low confirming the move before ending the week with another pullback test. The thing to note on this pullback is that price, not once but twice tried to violate the highs before getting aggressively rejected which is a positive sign for bears.
The bearish projection is still our previous lows from mid July.
If you have any questions about this idea please let me know in the comment section below. And of course I would love to hear your views as well.
Akil
AMD Ppotential inverse head and shoulder Potential inverse head and shoulder
MA 50D Support at bottom
EURCAD Short setupLooking nice H & S setup . after market open looking for some reversal will go short. take your trade at your own risk.
EURCAD ThesisEURCAD thesis: a head and shoulder pattern has been formed, can we expect this pair to move lower? What is your thought on this pair?
CADJPY HEAD AND SHOULDER PATTERNLooking for shorting opportunities below 106.000. A deep 88.6% retracement makes this a good risk reward trading opportunity if the high (Head) is not taken out. Happy Trading.
ZB achieves a significant Support areaZB formed an obvious reversal pattern (Head and Shoulders) in the last months, taking the pattern's MA 209 As a Neckline. the break of it kept moving the price lower. Breaking the support area you'd probably take the price to lower until achieving the potential target which is equal to the distance between the Head and the Neckline.
