BATUSDT (Long) - Inverse Head and Shoulder PatternInverse Head and Shoulder Pattern forming on BATUSDT.
Right shoulder has just been formed at 0.15.
Neckline is at 0.18.
Price is projected to touch 0.255 which is about 50%+ move from current price of 0.1617.
Not to forget, 0.255 is also resistance from a long term trendline on Daily
Head and Shoulders
The retest phase (4 scenarios)Currently, bitcoin is recovering from the current declines. I think this will take place in one of three ways:
1. the price will hit the blue neckline of the head and shoulders formation and then buckle back down.
2. the price will break through the blue line and test the lower edge of the diamond by bouncing down from it.
3 Price will break through the lower edge of the diamond and bounce off the red 3-month resistance line (formed by the previous ATH).
4. the price will hit the upper edge of the diamond and bounce down from it.
There is another ‘bonus’ option - maybe I'm wrong and the bulls are just gathering strength for a big rally for a new ATH but I'd put that rather between fairy tales.
This is not financial advice.
AUDUSD: Bearish Reversal Confirmed 🇦🇺🇺🇸
AUDUSD formed a head and shoulders pattern on a daily time frame.
With the release of the Friday's US fundamentals,
the price dropped rapidly and violated a neckline of the pattern.
This morning, the price nicely retest the broken neckline and respected that.
We can anticipate a further bearish continuation now.
Next supports: 0.6645 / 0.657
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gold is short term bear overall bullish overall gold is bullish but to many rejections above, indicating a temporary decline in price ahead. Also head and shoulders pattern on daily timeframe!
Areas to short (2506) and (2517)
daily take profit targets at (2438) and 2416!
buys will be added accordingly after targets are reached!
According To The "13 EMA" Zoom Is Down Trending Am trying to grow a garden
But am not sure of selling vegetables
To the local market is profitable.
Maybe if I calculate my expenses well including taxes,then this will build my confidence to sell vegetables one day.
This stock NASDAQ:ZM is down trending using the "13 EMA" system you can clearly see this.
As it drops after a major rally.
According to the Breaking News⚡ right Here on TradingView
One of the officers of the company wants to resign or something like that.
This is negative news which may cause this stock to plumet!! Down.
👉 Because it's in a down trend
👉 Because the Breaking News is negative
👉 Because it's after rally that's when you sell.
You should get ready for a market crash ⬇️🧟
To learn more 🚀 Boost this content
Thank you for reading.
⚠️ Warning: Trading is risky because of this you will lose money wether you like it or not please Learn risk management and profit taking strategies.
How To Use "The 13 EMA" System The day is quietly passing by,
As am about to write down this idea on this stock to trade..
The problem with trading is that
It's very hard especially if you
Don't have a system to use
The system am using is called
"The 13 EMA."
It shows you the perfect time of entry
In this case we are looking at CWBC
👉Because it's a good buy
👉Because it gapped up a week ago
👉Because support is in an uptrend according to "The 13 EMA" system
Before you trade you need to have a trading system,after you master a trading system.
Then you can place "Good" trade.
If you want to learn more Rocket 🚀 Boost This Content.
⚠️Disclaimer: Trading is risky please learn risk management and profit taking strategies because you will lose money wether you like it or not.
AUD/USD Short Trade IdeaPrice is at an area of resistance. The current Bias is Bearish. There has been a weekly divergence on the RSI, which is another confluence to support this Bias.
On the daily timeframe a head and shoulders pattern has formed and last week the right shoulder has finally broken through support. Breakout traders are long here.
For a more secure entry, pullback traders and continuation traders can wait, but there is the chance that a pullback does not occur and it continues to the next area of support.
Take Note of TP1, TP2, and TP3. These are all daily zones and need to be treated as zones or areas.
The above is only an idea of what could possibly continue to happen. Stay safe and always use proper risk management.
BTC Possible Reversal - Bitcoin Latest Head & Shoulder After upward trend, we found divergence by continuing reversal pattern Head & Should. there is strong possibility for reversal for Head & Shoulder. Safe Entry is after Neck break and reversal confirmation candle.
Note:
Trade on your own risk. this is just a analysis.
AUDUSD: Bearish Reversal Confirmed 🇦🇺🇺🇸
AUDUSD formed a head and shoulders pattern on a daily time frame.
With the release of the yesterday's US fundamentals,
the price dropped rapidly and violated a neckline of the pattern.
We can anticipate a further bearish continuation now.
Next supports: 0.6645 / 0.657
❤️Please, support my work with like, thank you!❤️
Btc to 38000, Inverted Head and Shoulders patternThe Inverted Head and Shoulders pattern is a reversal pattern that typically signals a change in trend from a bullish (uptrend) to a bearish (downtrend). In this pattern, the right shoulder is larger than the head, which can be due to changes in supply and demand dynamics, such as a sudden increase in selling pressure( Mt. Gox distribution and sales by the German government.)
Is AUD/USD forming a head and shoulders pattern?The quality of the Head & Shoulders pattern forming over the last 17 days could be better, but prices are likely to trade lower if 0.6696 is breached. The pattern suggests the price could reach 0.6568, though a slide to 0.6643, the August 13 high, seems more likely. Until a clear breach of 0.6696 occurs, AUD/USD might reach 0.68. This afternoon's NFPs will set the tone.
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