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Invertedheadandshoulders

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.
NSE:SUNTVLong
by AdityaKarn90
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)
Long
by CryptoToTheFuture
4
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? Share your opinion in the comment section✍️ Please support this idea with a LIKE👍 if you find it useful🥳 Follow me to receive more updates on this pair🤙 Happy Trading💰🥳🤗 Trading Involves High Risk⚠️ Not Financial Advice💸 Use Proper Risk Management💹 Thank you for your support!💓 NB: If you would like to have one-on-one interaction with me about analysis of coins or currency, DM me.
BITSTAMP:BTCUSDShort
by PetrockFxTrading
Ethereum ETH - targets 3500-3750. See the analysis why.Dear traders, A new update for Ethereum for the short term. Traders, we have almost formed the right shoulder of an inverted head shoulder formation. To validate it we need to break through the neckline. Possibly the neckline will then be tested again by the price of Ethereum but it doesn't have to be. Important: without a break trough the neckline the pattern is not validated and that is also the case for the Bull flag. Very positive for Ethereum is that the downward trend line has been broken upward and also already retested. Targets 3745 for Ethereum for the inverse head shoulder. Interestingly, we also see a Bull flag with a target of 3583 if and only if Ethereum can break it upwards. Please note traders, this is a hypothesis, Patterns can and do fail regularly but we have a fairly high probability that it will go this way. Always keep other scenarios open such as a pattern failing as this can produce a sharp counter move. The RSI indicator is low on a daily basis so it still has considerable room to rise. We are not yet in an oversold situation ;-) I would take a close look to the downward blue trendline which forms also the lower boundery from the Bull flag. The inverse head and shoulders pattern more particular the right shoulder has still room down and still remains valid as long as we are not going to the lows again. Good luck and hopefully Ethereum will make up for some of its losses. I think the bull market is not over yet because it is still too early in the year. Again, no guarantee but just an analysis of data. Disclaimer Traders this is my view no advice to buy or sell. Also always do your own research! --->> Traders please follow me for updates and give me support with a like 👍. That motivates me a lot to continue 💚!
Long
by PegasusTechCharts
41
IDX: AKRA - May 2021IDX:AKRA At a glance: AKRA is still building up momentum to break out the down trendline formed since late 2017. False Breakout occurred on the 3rd Week of March 2021. False Breakout confirmed by Rule of Three methods where the candle only lasted 2 days above the down trendline. In my perspective, there is a flat range for this stock in the area of 3110-3300-3490 Price needs to break out 3300 as the strongest resistance with good volume. If the price can break out 3300, an Inverted Head and Shoulders pattern is confirmed. The target for the small swing reversal aligned with the Retracement target at 3510-3520. Stop Loss if the price goes lower than 3080. Disclaimer is always on. Trade at your own risks.
IDX:AKRA
by dhimaswppr