USDJPY Potenitial bearish setup.on the 4hr timeframe i saw an ascending channel which which broke to the downside which was below the daily resistance i had drawn .
HEAD
US 30 30 Min Head and Shoulders Bearish Continuation after retest and close below previous zone for push to next zone!
USDCADTF: 1 Hr
Looking for a retrace and a buy. Pattern seems to be potentially unfolding an inverse H and S.
Potential Head and Shoulder - Target 15kA potential head and shoulders is forming on the 4Hourly time frame. If neckline is broken , the target is 15K
Also, a brearish divergence on all larger time frames
GBP AUD showing bullish reverse head and shoulders patternDo the analysis for yourselves and learn to become a better trader. If it passes the first resistance, it will target the second resistance. It is trying to head in the upwards direction. Follow me for more tips and ideas. Also, check out my website Traderhero.tk to become a skilled trader. Stop losing money, start gaining!
GBPJPY [SHORT] H&S on the 30mLooks like this is worth the trade, closure below this point where the 30m trend line meets the neckline.
TP 1 = 135.236
TP 2 = 134.885
Short Term Trade
FCPO TRADING : 207) possible formation of Double-topthis is haidojo and the number is 207 ...
a possible double-top formation ...fcpo-jan has gone into the selling region of 3070-3130...
another thing to watch out is...a possible formation of rounding top...this is supported by earlier price movement such as
when one of the critical supports 2980 was already broken...let's see if price could fall back to 2900...
if the price moves higher than 3130, then is it confirmed that uptrend persists...
higher resistance : 3200
strong resistance : 3070-3130 (abv this level is fastlane; crazy bull)
immediate support : 3020
lower support : 2900
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING . It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
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FCPO TRADING : 205) 3030 -3130 stubborn resistance? Head? this is haidojo and the number is 205 ...
fcpo-jan still in uptrend...no confirmation of reversal of trend until important support is broken...
price might retrace back to 2980 and even the critical 2900...
and we need to watch if the support holds...uptrend persists if 3130 stubborn resistance is finally broken...
higher resistance : 3200
strong resistance : 3100-3130 (abv this level is fastlane; crazy bull)
immediate support : 3020
lower support : 2900
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING . It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ
Bearish Head & Shoulders Pattern (1H)There are many interpretations of the Head & Shoulders Pattern.
After much research and back testing I have created a simple process using bespoke levels to objectively identify and trade the pattern.
Through extensive research into Harmonic patterns (in particular the Butterfly ) I have discovered how to accurately predict where the H&S pattern will occur.
The Butterfly Pattern Forms the structure of most H&S patterns.
ETH inverse H&SSo obviously ETH is going up along with the rest of the market, but this offers good targets to take some profits.
Whether you measure the shoulder depth, or the entire H&S depth, it matches up really well with the $440 and $480-490 resistance levels.
I expect a pullback at both of these levels, but of course ETH will go much higher in the long term.
ATOM USDT POSSIBLE REVERSE HEAD AND SHOULDER PATTERN #ATOMUSDTNot investment advice. Take your own risk please.
YFI resumes upward after possible completion of H&SYFI has made a good volume recovery. I will be waiting for the 8hr retest of the closest S/R line and a good resumption before going long. A safer entry would be the retest and resumption around the 21000 S/R line. It would also be above the EMAs at that point.
SPY going UP, buy, buy, buyInverse head and shoulders signals conclusion of down trend. Place your buy orders now with a stop at 330. Going up, up and away.
YFI is one big Head and Shoulders patternIf you want a safer entry, wait for the 8hr retest of resistance at 21000
I think I spotted an early head and shoulders pattern at NZD/CADHello guys and girls,
hier is my idea,
I think for all of you who are familiar with the head and shoulders pattern,
you know how to read my drawings on this chart. I'am already short on this one,
maybe a little bit to early, but we will see. Pleas feel free to share your
opinion about this trade in the comment section.
With best regards,
Jens
ETHUSD - Looking for a Corrective RetracementTF: 8 Hr
Possible H and S formation on the 8 hr TF. This has formed after a strong rally, and price may due for a corrective pullback. I think a retracement to the .318 looks like it may be a good area to look for longs.
This retraement area offers a few bullish confluences:
1. Area aligns with with a former broke resistance zone;
2. The 0.382 corrective retracement area is also located here
3.Aligns with a new bullish trend line
Dollar weakness looks like it may continue for the longer-term which will drive cryptos upwards. The DXY (dollar index) looks very oversold and may need to correct a bit more up which would allow ETHUSD to retrace.
BTC Head and Shoulders Pattern Opportunity to short!
BTCUSD graph formed a head and shoulders pattern which created opportunity to short.
I indicated the shoulders and head.
The minimum target is the vertical distance from the head to the neckline starting from breaking of the neckline.
Volumes are acting accordingly.
For BTCUSD, this is a good opportunity to short.
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Short time reversal maybeGU has been trending up for a while now.... This head and shoulders situation is giving good possibility go down some more on this current pullback
