A potential head and shoulders pattern. Waiting for the confirmation Trade safe
TRX is clearly making head and shoulder pattern. If this works TRX could reach 0.06084
NAS100 is looking pretty Bullish at the moment, we're looking to break the 4hourly just above the prices, our confirmation will come after the break of the Resistance, my previous Nas100 was a flop because i put the SL way too close, or not because Nas100 is known for its fakeouts... i hope you like my idea, Good Luck, and have a great trading week.
AUDUSD has just displayed a inverted head and shoulders and we will be looking for buys on a 4hr timeframe
Trade Idea: Selling Nas100 Reasoning: Downward channel resistance. 38.2% fibonacci resistance. Potential inverse head & shoulder neckline resistance. Entry Level: 11520 Take Profit Level: 11280 Stop Loss: 11580 Risk/Reward: 4:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very...
Hey traders, GBPAUD is approaching a rising trend line on a daily. The price formed an inverted head & shoulders pattern on that on 1H time frame. 1.7937 - 1.7953 is its horizontal neckline. To buy with a confirmation, wait for its bullish breakout (hourly candle close above that). Then, buy aggressively or on a retest. Targets will be 1.8033 / 1.8075 If...
ERAA . D1 time frame. Inverse head and shoulders pattern. TP1 442. TP2 470. SL 408. Watchout after it reach TP1, it might have retrace first before it goes to TP2.
Inverse head and shoulder formation. Expecting a breakout ahead
On this chart, I've outlined some near-term thoughts re. Chainlink. On a higher time frame, this range is getting exhausted, and it may be time to move up. A potential inverse head and shoulders pattern targets $13 link. This week the FOMC could factor into the development of a 5th Elliot wave.
Last week Nas100 did me dirty way too many times because i was following every trade that come about and multitasking smh.. okay nvm that, Nas100 is gaining after that fakeout last week and gave us a nice inverted HnS pattern indicating a change in the trend, to the upside
Analysis of #GBPNZD The GBPNZD might be forming a bearish head and shoulders pattern, it is still early to say, but we can set an alert and wait and see. if the market indeed formed a head and shoulders pattern and broke neckline resistance, we can drop a one-time frame and look for a trend continuation pattern to get in a buy trade targeting the next level...
there is a potential head and shoulders pattern, if right shoulder is formed, price breakout neckline and backtest(orange zone) I'll consider placing bearish order but only if bearish signal appears, could be bearish engulfing, evening star... so on Entry: organeorange SL: right shoulder's H TP: upper edge of demand zone which is at 0.5693 all are personal...
Price action and chart pattern trading - The key area to watch > The price is approaching the upper resistance channel and the target inverse head & shoulders pattern with a slight bearish divergence RSI signal. > A possible partial profit taking zone and the price could retest its channel support SMA50 zone.
Sell Entry 20955.50 Tp1. 20566.50 Tp2. 20315.80 Tp3. 19755.50 Its gonna fall that it has completed head and shoulders and its forming a double top
Series of HH, HL Watchout for the formation of HL (Retest) Aggressive entry can be taken at current level () Safe entry can be taken after formation of HL Trade with SL, Target Prices are mentioned, Ride the trend with trailing stop loss
CDAY has formed an inverse H&S and is now trading close to it's 200 day moving average. However, the stock might not be on a sustainable uptrend just yet until it can clear the neckline around 70.80. With earnings expected on 2nd Nov (AMC), let's see if it could propel the stock above the neckline. When it does, it is still prudent to place an initial stop...
SIMP . The story: after it broke the resistance, the resistance has become a support. Now it retest the support. The last candle is a bearish candle with little wick/shadow/tail. It means minim rejection, or I assume there was no rejection. So, it potential break the support and go down to the demand area to pick up some volume before it bounch back. If it...