Potential Inverse Head and Shoulders Could Take Us Near $100If we can Begin to bounce from here that will be a confirmed right shoulder that if market conditions become Bullish could take us between the levels of $97 and $100 if it wins we get over 10% if it fails then we simply lose 3 percent which is fine risk to reward.
Ihns
Inverse Head & Shoulders on Nintendo: Hidden Bullish DivergenceNintendo is breaking through the Neckline of an Inverse Head and Shoulders pattern visible on the Daily timeframe and looks to be targeting the a Fibonacci Retrace to the upside. I will be targeting the .786 and the .886 for Profit Taking.
Inverse Head and Shoulders on WalgreensThis could take us up to the 88.6% Retracement i would buy half of what I would normally buy here and I'll buy the rest if it pulls back more. Stoploss below the level of the right shoulder. In either case my profit taking level will be the 88.6% Fibonacci Retracement.
Monthly IHNS Looking to Continue off a Double Bottom BreakoutThis is a weekly continuation entry to a much longer term bullish trade on the monthly for this pair that can be found in the related ideas tab
$NEO/USDT 4h (Binance Futures) Inverted Head & Shoulders retestNeo seems to be preparing for next bullish move, after a clear retest of the iHnS neckline!
Also, we can see that 100EMA is supporting it so even more reason to enter a swing trade now.
Current Price= 39.780
Buy Entry= 39.752 - 39.152
Take Profit= 48.981 | 64.997 | 99.482
Stop Loss= 34.689
Risk/Reward= 1:2 | 1:5.36 | 1:12.6
Expected Profit= +48.30% | +129.50% | +304.32%
Possible Loss= -24.14%
Fib. Retracement= 0.786 | 1.272 | 2
Margin Leverage= 2x
Estimated Gain-time= 1 month
Inverse Head and Shoulders: Channel Breakout Soon?We got Daily Bullish Divergence on both the RSI and MACD and are at a potential Right Shoulder of an Inverted Head and Shoulders Pattern.
I would long here and set my stop below the last low.
Profit taking at the 38.2% Fibonacci retracement.
CSCO may pivot from hereCSCO trying to make higher lows, soon to make new midterm highs. Inverse Head and Shoulders type stuff here.
iHnSThe pair seems to be completing an HnS and a wave count.
- HnS completion
- Wave count
Bullish Move
- iHnS
- Bullish wedge
BTC ihns often breakdownMore times than I can remember, the inverse head & shoulders breaksdown before completion.
This is my projected candle path for this setup.
I did look at the possibility we would go up again to 41-43 before going down but I don't think that is where we are at.
