Bitcoin, H4 - breaking neckline should cause some move upAfter huge rejection of 30 000 level, price makes inverted head and shoulders pattern. Breaking neckline needed as confirmation.
Invertedheadandshoulders
USDCAD, H1 - inverted HSHInverted head and shoulders pattern should bring some move up after breaking neckline
BTCUSDT long trade ideaPlan: wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
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$EURUSD - Inverted head and shoulders, double bottomHi guys! 👋🏻
🔔 Watch for Inverted Head and Shoulders and Double Bottom patterns on EURUSD
🔔 Confirmation will be the breakout of the level 1.19250
✊🏻 Good luck with your trades! ✊🏻
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SUNTV - Complex Bullish H&S pattern - Swing TradeThe above analysis is done purely on basis of Price Action & Chart Patterns.
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. The final target is more than 50% from current price hence it may take even few months to reach that price level. Traders must keep this in mind while entering into the trade.
Trade setup is explained in image itself. SUNTV was also analysed few weeks ago, check out the analysis linked below
The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade. Traders must trade as per their own risk taking capacity and money management.
Feel Free to comment or message me for any query or suggestion regarding this stock or Price Action Analysis.
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups.
EURNZD H1 - retest of neckline in inverted HSH patternInverted head and shoulders pattern. Now price retests of neckline. Rejection of this level will cause further move up.
$MATIC / $USDT UpdateForming an Inverted Head and Shoulders pattern. Once it reaches the 0.5 fib it will go up and when it reaches the neckline it will pump the same distance as from the shoulder to head.
ACTION CONSTRUCTION EQUIPMENT LTD Spotted:
Round Bottom.
Inverted Head and Shoulder
Ride the Breakout.
BTC in Inverted Head and Shoulders waiting for June 24 dip?I've noticed that the full moon often closely coincides with extreme lows (light gray disks).
The next full moon is on the 24th and it looks to me like we're in an inverted head and shoulders pattern that could finish off just about in time for that bigger dip to a new low.
BTCUSD | June, 2021 | ProgressionThis idea for BTC progression is based on:
- first dip / correction with an inverted shoulder formation
- and immediately forming an inverted Cup
- with another recursive inverted cup on the way
There by suggesting a general downtrend progression,
until reaching a support below its immediately previous correction.
And then proceeds to bounce back with an expanding wedge .
PS: I'm a beginner, all suggestions are welcome.
Cheers!
ETH Progression | June, 2021This idea for ETH progression is based on:
- first dip / correction with an inverted shoulder formation
- and immediately forming an inverted Cup.
There by suggesting a general downtrend progression,
until reaching a support below its immediately previous correction.
And then proceeds to bounce back with an expanding wedge.
PS: I'm a beginner, all suggestions are welcome.
Cheers!
Potential Inverse Head and Shoulder. Target 41.7KHi everyone,
From our previous idea of the head and shoulder with a target of 33.6K, we may now be forming another head and shoulder but an inverse one. Note that this is VERY EARLY to tell. But if we ever form this pattern. The target, initially, could be at around 41K in the next few days.
Follow me on TradingView to get updates! NFA. DYOR. TAYOR.
Cheers,
BITCOIN'S REAL Inverse Head and Shoulders? (Road back to 48K?)This is for the BEARS AND the BULLS...
Everyone is wondering where Bitcoin is going... I will just post this chart to see how it plays out. People are calling for a 28K Bitcoin. Okay, here it is.
TP is 28K BTC. It is possible we are in a giant Inverse HS and creating the HEAD right now... if this gets any lower it may invalidate it. Many people want 24K Bitcoin or 19K.. I think that will not happen on this drop. Instead I think we could "mini rally" a little after the next large dip and then Drop hard after to end the Bull run and kick off Bear Season 2021 (No ATH later this year)
gold and titan goes hand in hand!chances to fire up as inverted head and shoulders along with volume spurt...........
SPx moving up after forming an inverted head and shouldersTVC:SPX
OANDA:NZDUSD
OANDA:AUDUSD
OANDA:GBPNZD
OANDA:XAUUSD
OANDA:XAGUSD
OANDA:WTICOUSD
BITCOIN - FALL TO $35K AND RISE TO $58K OR FALL TO $30K AND $20KRight here is my idea on Bitcoin. As we all know we have an head and shoulder pattern on this chart which predicts a fall and an inverse head and shoulder pattern on this same chart which predicts a bullish trend.
So for the head and shoulder pattern to work, price will hit the yellow resistance line at $41,400-$42,00 and if it rejects, it will fall back to the neckline at $30,000 and may eventually fall more to $20,000.
Also, for the inverse head and shoulder pattern to hold, I expect price to first go up to the supply zone at $43,000. If price rejects the zone, then I expect price to fall to $35,000 to form the right shoulder, then long to $58,000.
Therefore we have two likely moves here. Either price fall to $35,000 and rise again to $58,000 or price fall to $30,000 and continue to fall to $20,000.
What do you think?
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BTC Head & Shoulders Pattern Trade Signal with price points. Entry: $37,600
Stop Loss: $36,400
Take Profit: $43,700
$PLUG IH&S$PLUG retraced 70% from it's all time highs during this 2021 - Now looking at it's price action its seems that it has bottomed already - wait for a higher low and a break above $30 and the 200 MA to confirm IH&S pattern. Feel free to long above those levels when this happens. Earnings might be the catalyst for the break. I will keep an eye on this name.
