USD-CAD Head And Shoulders! Sell!
Hello,Traders!
USD-CAD was trading above a
Horizontal support level and has formed
A head and shoulders pattern
Then broke the key level
Thus, we are now bearish biased
And after the pullback and retest
We will be expecting a move down
Sell!
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Head_and_shoulder
📈✌UNI Daily analysis✌📉BINANCE:UNIUSDT
COINBASE:UNIUSD
First, please take a look at my previous analysis and positions.
between now and the yellow areas, you can open a long position in two steps.
If the price rises and reaches the risk-free level, you can risk-free the position.
TP1-2-3-4-5-6 are on the chart.
The optimum stop-loss is on the chart.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌
Nasdaq - US100 Inverse Head & ShouldersA lot of traders will be looking at this pattern today. Will the RH shoulder form and will the price travel back up to the neckline?
The speculators will buy here, which means they will put their stops under the head. A big pool of liquidity is always a big magnet for stop hunters.
I don't trade these patterns but I keep an eye on the market structure to keep ahead of market psychology.
Prataap snacks Ltd - MACD CROSSOVER 📊 Script: DIAMONDYD (PRATAAP SNACKS LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY FMCG
📊 Sector: Fast Moving Consumer Goods
📊 Industry: Packaged Foods
DAILY TIMEFRAME
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 MACD is giving crossover.
📈 Double Moving Averages also giving crossover.
📈 Script is moving towards its resistance level which is 908.
📈 Current RSI is around 76.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 869
🟢 Target 🎯🏆 - 908 , 1000
⚠️ Stoploss ☠️🚫 - 799
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Happy learning with trading. Cheers!🥂
Taf's Gun to the HeadTrade Idea: Selling Dow at market
Reasoning : Selling on rejection from supply zone (32200-32500) and a bearish head and shoulders on an intraday basis(although not validated yet)
Entry:32048
TP: 31138
SL: 32416
RR: 2.47
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ETC - Head and ShouldersAfter its remarkable run, ETC seems to have topped its price action above $26.
It currently has formed a head and shoulders pattern on the 1H time frame which seems to suggest that further price action to the downside is expected.
Would open a short here with:
TP: $23
SL: $26