Possible inverse Head and Shoulders pattern on Weekly TFSupport: $21820 (around)
$18800 (around)
Neckline: $24295
Head_and_shoulder
AMC 4hr DragonAMC at a point of decision. Breaking $6.50 and dragon pattern near confirmed. Targets reaching as far as $10. From here overall channel outbreak and would not be inclined to stop there. Support at $6, then $5.8. Which would lead to nasty H&S dropping towards $4-$5 area.
NAS100 HEAD AND SHOULDERHello traders!
Nas has formed a nice head and shoulder, i am looking to short after the break of the the trendline, it has acumulated liquidity in every touch of the trendline. It could be a signal of the market direction for the big news later on today from Federal Reserve Chair Jerome Powell.
Cheers!
USDJPY: Head and Shoulders PatternThe USD/JPY is nearing the end of its uptrend within the ascending channel, unable to make any new highs and showing signs of divergence on momentum indicators. It appears that a head and shoulders pattern is forming, waiting for the final shoulder to complete before attempting to break the neckline at 135.5 and potentially experiencing a bearish move towards 134 or even 133.5.
-------------------------------------------------------------------------
Let me know your thoughts in the comments, and show your support by liking the idea.
Please follow if you're interested in more ideas like this.
Your support is greatly appreciated!
USDJPY HEAD AND SHOULDERSHead & Shoulders forming on USD/JPY. We will use downside targets using the Fib extension. This chart is based on the weekly timeframe.
Xauusd long Setup we have a horizontal weekly support at 1850 currently price above it, also we see h&s pattern , different scenario if a price drop below 1846
SNX's Expected bullish movement!So we have an Inverse Head and Shoulder Pattern for The SNX/USDT Pair which is a Good Thing for Bullish Guys! The Break out is about to happen and when it happens, the Price shall Increase as much as the measured Price movement.(AB=CD) a target is around 4.1$ and the other one is around 5.5$.It'd be a huge Profit!
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
🌍Thank you for seeing idea .
Have a nice day and Good luck
EURCAD Short Idea.My long term forecast for EURCAD over the next couple of months.
We've got a clear H&S forming at a peak level with price failing to break above.
Should this chart pattern be formed and price close below the neck line, we should see a nice trip back down south.
EURUSDThe movements of the last few waves have been such that a head and shoulders pattern may be created. The last few candles have signs of a price reversal and it seems that the second shoulder has formed.
Of course, we should wait until the pattern is completed and then make better decisions, although now is not a bad position to sell to the bottom of the pattern.
MTF Analysis THAT ARE SO OBVIOUS: EURCAD - Position SHORTDo i need to explain lol
i like color coding my timeframes, lines and other markings that correspond to a TF
so everything in color...
Black - Monthly
Green - Weekly
Blue - Daily
Other TFs
Violet - H4
Teal - H1
Orange - M15
head and shoulder pattern on eur usdthere is head and shoulder pattern on 1h time . there is a potentional reversal
trade ur level according . for entery and exit level check ur reversal points
follow us for more analysia and dont forget to follow and like
Thanks
BTC/USD SHORT TECHNICAL ANALYSIS Dear followers and new viewers,
Welcome to the channel. I really wanted to get this piece of evidence out there before BTC plays through with the downtrend. Like and follow at your own will I enjoy studying markets on my free time and would enjoy hearing feedback.
Please let me know in the comments what you all think as well, open to new ideas.
~MC
EURJPY IDEA FOR SHORTHere is another trade a took this week,trading just this pair,took two buys and now a sell, had some plans on a eurusd but missed my entry for buy,and entry for sell happened in the middle of the night,it happens sometimes.Entered this trade on a retest of a HS pattern,HS means that a reverseal could happen so i took a sell here,red line is a multiple weekly candle close,lets see how this trade will play out
EGLDUSDT, Inverse Head & ShouldersEGLDUSDT in TF 1D,
Inverse Head & Shoulder
Breakout Neckline
Wait retest Neckline.
Best price for Buy is 45$
Thanks
BTC---> SCALP POSITIONHELLO GUYS...
time is consuming therefore long story short,
get a short position until the first pink area, or you can risk it and hold it until the second pink area!
if the price reaches the second pink area and gives you some confirmation get a long position until the higher high level to this chart!
I hope I write it clearly!
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
EURJPY TWO TRADES PLAYEDHere u can see classic h6s pattern traded,maybe sl isnt on the best place 144.800? Would love to hear where would u put your sl,let me know in the comments!
USDCHF - Waiting for a Breakout...
The USDCHF Price Touched the Weekly Resistance Level 📉
Currently, The price is in Double Top Pattern !
i'm waiting for a breakout in the neckline 🔥
Then! we will see a bearish move 📉
TARGET: 0.92925🎯
.....
if you agreed with this IDEA, please leave a LIKE, FOLLOW or COMMENT!
USOIL - Double TOP 📉The USOIL Price Touched the resistance level 🧐
Currently, The price is in Double Top Pattern !
i'm waiting for a breakout in the neckline 🔥
Then! we will see a bearish move 📉
TARGET 1 : 75.80🎯
TARGET 2 : 74.15🎯
.....
if you agreed with this IDEA, please leave a LIKE, FOLLOW or COMMENT!
GBPCAD - Important Breakout 📈The GBPCAD price is in Bullish Triple Bottom Pattern 🧐
The Daily Resistance Line is broken 🔥
so, i predict a bullish move 📈
i'm Waiting for a retest 🧐
TARGET 1: 1.64434
TARGET 2: 1.66624
...
if you agreed with this IDEA, please leave a LIKE, FOLLOW or COMMENT!
ALIBABA ($BABA): Technical Analysis on daily chartHi everyone!
The main trend of $BABA is bearish on the daily chart, but most of the bearish momentum has already been worked on by the market. Having said that, even in the short term I remain bearish at least up to the support area, from there I cannot exclude some Reversal Pattern (see chart below). If this happens, an update to this analysis will be necessary because before trying to take a long position I want to wait for at least one clear signal (for example, an impulsive structure on the hourly chart).
POTENTIAL REVERSAL PATTERN
If we look at the Daily Chart, the support area could turn into something like a Right Shoulder of a potential "Inverted Head & Shoulders".
Trade with care! 👍 ...and if you think that my analysis is useful, please..."Like, Share and Comment" ...thank you! 💖
Cheers!
N.B.: Updates will follow below
USDJPY Ready for a large move southThis idea is one to watch and will be a good move if it happens.
USDJPY took incredible Bull action last year, but has since been moving back down to previous support levels.
We can start to see an incredible head and shoulder pattern forming.
Key levels to look out for are the previous support zones around the 126-127 zone and especially the 115 zone which has been a historical key zone.
Whilst in there as been short term bulish pull back, stepping back out to the daily shows there is more to this downside and a good entry zone currently.
EURAud pt. 1.1.EURAUD possible H&S. On daily chart price has gone past strong ressitance level, but on 4h it's still knocking at the door.
Lets see how this daily candle ends, but until price hasn't gone past head, I will keep adding small sell orders.
Good luck.
PVRHello and welcome to this analysis
In the weekly time frame its given a wedge breakdown and followed it up with a throwback to resume its down move again. In this process it has also activated a Bearish Head & Shoulder pattern.
Resistance is now at 1600 while support comes in at 1275 (with a minor one near 1460)
