Head and Shoulders
FTMUSD Trade setupAccumulate in this area, FTM is primed in Q4 2024 - Q1 2025. Sonic will generate new ATH's.
NIFTY trading precariously - Down move head?NSE:NIFTY daily chart is looking bearish with multiple confluences signaling down move.
Trend line break
Head and Shoulders
5 waves down
If we get a negative close below H&S neckline then it would be second close below neckline and might trigger downfall. On the positive side, ideally we should see a deeper retracement of the 5 waves down-move before the down slide starts. At the minimum 38.2% which would also coincide with downward sloping 20 day moving average, currently around 25300.
Would this happen or not, only time will tell.
NASDAQ INDEX (US100): More Growth is Coming Next Week
US100 nicely respected a recently broken horizontal structure resistance.
The price formed an inverted head and shoulders pattern on that and bounced.
I think that the Index will continue growing next week.
Next resistance - 20460
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Since 2014, my markets approach is to spot
trading opportunities based solely on the
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CLASSICAL CHART PATTERNS
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Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
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Breakout Area, Target, Levels, each line drawn on this chart and any other content represent just The Art Of Charting’s personal opinion and it is posted purely for educational purposes. Therefore it must not be taken as a direct or indirect investing recommendations or advices. Entry Point, Initial Stop Loss and Targets depend on your personal and unique Trading Plan Tactics and Money Management rules, Any action taken upon these information is at your own risk.
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SALESFORCE Long term B U Y* alerts 4 year long inverted HNS the stock looks promising in the near future. Above 319 stock jumps till 505. Once you invest you need to wait for 3-4 months for the stock to react dont get bored as this is on monthly pattern.
CMP - $293
Above - 319 stock can jump till 505
Stop loss - 210
Targets - 505 --- 600
Alikze »» BNB | Ascending Wave 3 or C Scenario - 1D🔍 Technical analysis: Ascending Wave 3 or C Scenario - Reverse Head and Shoulders pattern and bullish channel
- It is moving in an ascending channel in the daily time frame.
- According to the analysis presented in the previous post , after the inability to break the supply area, the range of 530 to 545 faced correction, which after the correction in the Liquidity Area, it faced demand. After that, it entered an upward rally and then From the failure of the supply zone (545-53) and pullback, it entered the upward continuation phase.
- As can be seen, after the correction in the Liquidity Area, a head and shoulders pattern has also been formed.
- It is currently in the supply area.
Therefore, in case of selling pressure, it can face the demand again by correcting in the bottom area of the channel, and after the failure of the supply area and pulling back to it, it can continue its growth until the next supply area, which is also the ceiling of the ascending channel.
💎 In addition, if he can break the supply zone that is the range of the previous hundred fibo wave (the ceiling of the channel), he can continue his growth by pulling back to it until the next supply zone.
⚠️ Note: In addition, it should be noted that this upward wave should not enter the Liquidity Area, touching the number 470.9 will invalidate the upward scenario. ⚠️
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BINANCE:BNBUSDT
HarryPotterObamaSonic10Inu to get on his Broomstick to $1.20Yes I know it is up 4X in a month
But it has momentum, strength, uniquness, newness, deep liquidity and its ontop of the mother chain of speculation #ETH.
Let alone the continuation pattern that we have in front of our eyes.
If I had fresh funds that had just came into coinbase these are the coins you should be on the hunt for.