HEAD
Bull Trap? Possible Head and Shoulders Down to $254xxBTC topped at 34800, then created a right shoulder of a smaller H & S that triggered last night. But whales usually signal the end of selling with a really large red volume candle. The drop this morning produced a long red volume candle, but not incomparable to the price candle, so I don't think this is the end. Correction? End of the rally? I won't try and call that but we do have another H & S forming (see one hour chart) which would take us down to 25424, probably tonight. I know we are in bull territory still but I am highly suspicious of this bounce. It may reach as far as 33000ish.
Care in trading is required as this is a crossroad move. Normally, bull cycles end with a 25% drop. This would make 27%. Be sure to secure profits for a re-buy much later if need be.
Also of note, I see no bullish divergence on the RSI as of yet, giving credence to the bull trap theory. This H&S is negated if BTC is able to rise above $34800.
Possible Head and shouldersPossible btc bearish head and shoulders pattern, if crosses $29,100 it can confirm the pattern and go to target of $28,600
macro week bounce zonedepending on how we play out for the next couple days. Watch for that 21k i was speaking of
she gonna skew ngl i did not forsee us sticking this tightly to an advancing reverse H&S however, here we are, way above prior ATH. Next up we begin trading that final shoulder. I belive this will kick off a consolidation phase which may trade down to 21k range.
area of interest is marked in the elliptical.
apologies for the line puke of a chart. hide drawings to view coherently.
Trade safe and be smart
BTC possible head and shoulders possible head and shoulders pattern on the 30M and 1H. we will reach 25k on the 25th
audjpy head and shoulder pattern long Time Trade #TradeWithMky
AuDJpy if pass this channel would be bullish for long time
there are some good signals for head and shoulder pattern in AUDJPY right now
so its good time to Go Long
actually head and shoulder would be more confirmed if these things happen
1 : at the end of a Movement
2 : confirmed channel for neck line
3 : pull back after passing neck line
goodluck !
Bitcoin set for a drop before riseWe should see inverted head & shoulders coming into Bitcoin in the coming 3 years. The last good chance to buy Bitcoin at a decent price will be provided after it retraces 78-88% of the last 2 years rise. There is no point of selling bitcoin. Buy and hold on every dip indicated is the best strategy for me.
Watch out! Possible H&S on XRP chart .. Possible next leg down..To everybody hoping XRP will pump any minute/hour/day (like myself), please be aware of a possible Head & Shoulders that recently developed on the charts.... I'm not sure that it will play out, at all, I'm just saying: be aware of a possible next (and hopefully final) leg down to retest our local bottom of around .4400 to .4500. Whether or not we'll see this H&S play out primarily depends on Bitcoin's behaviour, as always...
This is by no means any sort of trading advise, as I am usually wrong!! :-)
Inverted Head and should One more example of Inverted head and shoulders pattern which is change in the trend . Neckline is already broken and one can pick this stock and keep stop loss below neckline
NZD/CHF Swing H&S Forming?Possible Head and Shoulders on NZD/CHF!
Lets keep watching this pair and see what happens!
DovyFX
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 .
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
