Inverted Head and Shoulder on SLPSo long as this price action continues we should have every reason to see SLP spike back up in price significantly in the coming days.
Invertedheadandshoulders
Sail long inverted head&shoulderSail formed an Inverted head& shoulder pattern in day time frame. Use it for your trade wisely.
APLLTDAPLLTD made a triangle pattern as well as inverse head n shoulder pattern & broke out of both patterns with more than average volumes.
Could be bought with mentioned stoploss & targets.
SPX: A ridiculous (but powerful) bullish structure!Hello traders and investors! Let’s see how the SPX is doing today! Last Friday reacted nicely by the end of the day, so we have to update our thoughts.
In the 1h chart we see that the index almost hit our target at 4,500 (we missed by 6 points). In addition, we see a classic Bullish Sandwich candlestick pattern, a pattern named by me, because we see a bearish candlestick between two bullish candles, which reminds me of a sandwich. This looks ridiculous (and it is), but it is a powerful pattern, and soon you’ll understand why. The important thing is the psychological meaning of this - and why this is a bullish structure.
First, this bullish reaction occurred near our support level, and this means the bear trend is starting to get exhausted. Second, if you analyze smaller time-frames, you’ll realize that a Sandwich pattern is just a bullish pivot point, a bullish structure that creates bull trends, and this is why it is such a powerful pattern. Look at the 15 min chart:
The index dropped to hit its 61.8% Fibonacci’s Retracement, and it did a powerful reaction, breaking the previous top at 4,542 (black line), doing a higher high/low, reversing the trend for good by triggering a pivot point. What’s more, you could even say that it did an Inverted H&S chart pattern, and you would be right. Either way, we had many bullish reversal signs.
Now the index is bullish again, and as I mentioned in my last analysis, pullbacks would be just opportunities to buy.
In the daily chart, it feels we should’ve corrected more, at least to the 21 ema, and there’s still a chance of a sharper correction, but only if we lose Friday’s low from here, otherwise, we can’t take this possibility seriously. So far, our Sandwich is working nicely, but the index has a few challenges to overcome in the next few days.
To consolidate the bullish momentum, it’ll be important to stay above the previous resistance at 4,597. Our next gap to fill is at 4,652. I’ll keep you guys updated on this every day, so remember to follow me to keep in touch with my daily analyses!
HDFCHDFCBANK made an inverted head & shoulder pattern on daily charts with good volumes.
Could be bought with mentiones stoploss & targets.
BITCOIN, H1 - inverted HSH patternOn H1 timeframe price created inverted Head&Shoulders pattern that indicates further move up. Broken neckline may act as support
SCN-W1 | Inverted Head & Shoulders Pullback Trading SetupPrice action and chart pattern trading setup
> Inverted Head&Shoulders breakout and retest
> Entry at the pullback position
> Target at previous high zone 0.786 - 1.0
> Stop zone at the right shoulder area
Indicator:
> Smart money and banker chip strong volume support index 2.0
> Fundflow RSI above 50
> BBD signal above baseline 0
> KDJ stochastic on the uptrend above 70.
Always trade with affordable risk and respect your stoploss
Mbak Luna mau WoTUpdate Luna TF 1h
Long position
Potensi Inverted Head and shoulders
Entry = demand Area
SL = 88
TP 1 = 93
TP 2 = 95
USDJPY, M1 - Monthly potential inverted HSH patternIn very large-scale view there is visible potential inverted head and shoulders pattern. Reaction on 124.00 resistance will be key moment for the pair. Probably there will be some pullback to the nearest support level or trendline.
MANA.Usdt (Y22.P1.E1). Going long Hi All,
Have traded this in our group with both spot and leverage, taken some profit here and looking for consolidation which might play out the inverted H&S for the smaller time frame.
How to trade this, if it retests the neckline, enter or see a bull flag on the lower time frames or enter the breakout of the macro TL
#MANA #decentraland
All the best,
S.SAri
GBPUSD Analysis - Inverted Head & Shoulder Welcome back! Here's an analysis of this pair!
**GBPUSD - listen to video analysis.
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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HANA| Inverted Head&Shoulders Reversal PatternPrice action and chart pattern trading setup -
> Inverted Head & Shoulders reversal pattern in TFD
> 1st Entry at breakout and 2nd entry at pullback neckline
> 1st Target at SMA400 zone (Fibonacci retracement 0.382) and 2nd Target - SMA200 (0.618)
> Stoploss at the inverted head position
> Recommended risk ratio at 2:1 for medium term trade
Indicator:
> Smart money and banker chip huge volume support
> Banker fundflow RSI coming out of oversold area
> BBD bullish breakout golden cross above baseline
> KDJ Stochastic in uptrend ribbon
Always trade with affordable risk and respect your stoploss
KCE | Inverted Head & Shoulders | Trend reversal patternPrice action and chart pattern trading setup
> Inverted head & shoulders trend reversal pattern
> Support Neckline 1st entry at breakout and 2nd entry at pullback
> 1st target at SMA50 as key resistance
> 2nd target at SMA200 or volume profile point of control
> Stoploss at near lowest inverted head position
> risk ratio : 2:1 is recommended for medium term trade
Indicators:
> strong smart money and banker chip volume support
> Fundflow rebounded for the first time coming out of oversold area
> BBD positive signal uptrend above baseline
> KDJ Sto positive ribbon uptrend
Always trade with affordable risk and respect your stoploss
BCPG | Inverted Head & Shoulders Pattern breakout trading setup Price action and chart pattern trading setup
> Inverted Head & Shoulders pattern in TF1H breakout
> Pullback trade recommended after retesting H&S neckline
> Target just below SMA200 or previous high
Indicator: TF4H
> Bullish RSI crossing 50 and above MA line
> MACD golden cross signal line
Risk ratio: 1.8:1
Always trade with affordable risk and respect your stoploss
EUR/JPY - Wait for BreakMonthly:
1. Very strong push to the upside after break
2. The price now face stron resistance
Looks Neutral for now
Weekly:
1. Double Top
2. Break of strong support level
3. Neckline test with rejection
Looks bearish for the moment.
If see bearish signals on lower timeframe
i will sell.
Daily:
1. Morning star formation from the bottom
2. Inverted Head and Shoulders pattern
Inverted Head and Shoulders pattern is trend
reversal structure so I will watch carefully what
will happend next week.
4H:
1. Inverted Head and Shoulders
If brake up will be good chance for buy
when pullback for test.
If brake down will be good chance to sell
when pullback for test.
APLLTDAPL made inverted head n shoulder on daily & hourly charts with decent volumes.
Could be bought with mentioned stoploss & targets.
$DRQ - OIL EQUIPMENT PLAYDril-Quip, Inc., together with its subsidiaries, designs, manufactures, sells, and services engineered drilling and production equipment.
Bullish inverted head and shoulders with a breakout through ascending triangle.
There is a shortage of available drilling equipment in the United States.
EURGBP, D1 - Inverted HSH patternAfter false breakout from parallel channel, price came back and made nice move up. Now it retraces. Interesting support level at. 0.8310. There may be inverted head and shoulders pattern formed.
INverted H&S Buy Signal Watch for it, see if we get this.
Early March could still get quite bearish.
War rallies tend to be impulsive and fierce.
It's relief from uncertainty, but doubt recurs.
2.27.22 ADA Complex Head-and-Shoulders Bottom Long4hr Complex Head-and-Shoulders Bottom.
70% of breakout
3:1 risk to reward
Will play out if macro doesnt reverse.
LANNA | Inverted Head & Shoulders | Entry SetupPrice Action & Chart Pattern Trading
> Inverted Head & Shoulders forming | Entry @ Demand support line zone (right shoulder) crossing up EMA200 and SMA200
Indicators:
> Smart Money and Banker Chip volume support
> BBD crossing up baseline
> Fundflow turning positive in-flow bullish signal
> KDJ bullish changing to uptrend ribbon
Trading with affordable risk ratio 3:1
Always respect your stoploss
Good Luck
BTC, iHSP Target 45kMy strategy always boils down to 2 entries for 1 stop loss which is in my opinion the most important.
Long:
1- Entry 0,618 Fib Retracement
2 - cloud support
STOP LOSS: 0.8% BELOW 0.786 FIB Retracement
Target:
1 - 0,5 Fib Retracement
2- 0,236 Fib Extension (from 0.5 fib Retracement, increase stop to 0.618 fib Retracement and go up with each achievement of resistance)
Short:
1- Entry 0,382 Fib Retracement
2- 0,236 Fib Retracement
STOP LOSS 0.8% ABOVE 0,236 Fib Extension
US100 long(Mitigation of an order block plus a bull flag)Price is mitigating a 4-hour order block while making a bull flag. This is an indication that the price will probably go up for now.
