CROX Daily Head and Shoulders Pattern forming with a gap to fill on the downside if neckline breaks. Price target would be a range from 96 down to 90. If markets get ugly across the board it could see 81, but that's asking a lot from current levels.
Why I think our Buy-setup in Palladium today has no much upside. We have a bullish Head 'n' Shoulders on the 4HR timeframe. Right now price is giving you an even cheaper entry point before this pops! So, is there demand for Palladium across the world? Take a read of this article from cmegroup.com Why palladium matters to the growth of the platinum market By...
I was watching this one yesterday for BTCUSD but there was an opposing bearish Head n shoulder's pattern and the Bitcoin price really softened. Take a look. Trade entry: Look for increased volume & a bullish candle on approach to neckline. Good luck, Chris
* The USD could see some weakness this week, probably not coming until mid-week price possibly propelled by double/bottom structures on mid-timeframes, however the Daily timeframe is indicative of some weakness with price below the moving averages. It's possible later in the trading week the USD could retreat to the 100.60 - 100.85 zone where there is...
So long as the BTCUSD price holds up during weekend trading this might pop to the upside soon, let's see how it plays out or if I get hammered down. There are opposing sell Head 'N' Shoulders setups on this same trade which complicates things a bit.
On the 1HR chart for Elrond, which I must point out is currently very thin volume, but I think this volume will pick up soon, you can see here on the 1HR that the H & S bullish pattern on 1HR price appears to be retracing & retesting the H & S setup zone near neckline. Possible Trade Idea: Scale in with some Buy small orders just in case it winds back to $25...
BTC/USD bulls have been making a comeback since forming a low of $56,478 and recently completed an inverted head and shoulders pattern (left shoulder: $59,559; head: $56,478; right shoulder: $60,165). Yesterday’s rally ventured through the pattern’s neckline, a descending line extended from the high of $67,273. What is interesting from a technical standpoint is...
Hi guys In my opinion, the rising guard of the chart is quite evident. The condition of the above scenario for us is to maintain the support range of $0.6. Be sure to note that the reviewed process is long-term. On the 4-hour time frame, we have a head and shoulder pattern at the end of the downward trend. Would you like to check on your chart (; what do you think!?
In the above weekly chart of Snowman Logistics NSE:SNOWMAN , we can see H&S (Head and Shoulders) pattern formation over a period of nearly 7 years and now it has broken out from the pattern. Re-test of the neckline also seem to have been done in last few weeks and neckline provided good support. If we measure the height of pattern, it points to 112 levels which...
📌 To complete the upward trend, it is necessary to see the $33,000 area again. 🔍 If we look carefully, we probably have a head and shoulders pattern. ▪️ The areas that we have identified are strong for supply and from here the possibility that a higher ceiling will be set for us is very, very weak What do you think?
Please note this stock have my portfolio stock Very bulish on this stock Reverse header and shoulder pattern No recommendation for buy and sell Fundamentals strong stock
Hello traders! Today, we're diving deep into GBPUSD, which is showcasing a promising trading opportunity. On its daily chart, GBPUSD has carved out a classic price action reversal pattern: the inverse head and shoulders. Following a decisive break above the neckline at 1.24340, the price retraced to 1.25913. Capitalizing on this momentum, we've placed our long...
If we get close below the lower trend line then we will have a great chance to rebuy the coins like EDU ID INJ (very special) ROSE PEPE (risky)
Price action is shaping up for a bearish run as price was unable to continue the momentum and fell short of a double top level on the HTF. Looking at the lower time frames we can see a potential H&S printing retesting the March high indication more bearish price action is likely. Look for a short to the lower trendline. Thanks Trade Safe ** If you felt this...
Ford could be about looks like a H&S setup could be in the making on F a break below the neckline would confirm
Price action is looking bearish as buyers were unable to breakout of the HTF upper boundary, instead creating a strong reversal impulse followed by a continuation correction. To add confluence to this short set up, we can see a H&S pattern with price currently completing the right shoulder. I do expect price to re test January's high, find an entry that meets...
Metaverse token Green Metaverse $GMT just showed a perfect reversal sign with Head & Shoulder breakout and now is looking for an uptrend after a severe downtrend. I am going in @0.425 with a TP target of 0.4875 in sight. For a second TP at around 0.6000 it need some solid pullbacks and retest, if done I'll go again in it.
Potential head and shoulders pattern setting up. Levels posted on the chart. Macro likely supports more downside pressure after a 100%+ run in a brief period of 1 month.