Invertedheadandshoulders
inverted head and shoulder on tata powerits not perfect but as forming on horizontal boundary can consider it.
paper trading
as we miss accumulation we are conservative on position sizing
sl will be 49 on weekly closing i.e. if it break 49 on daily come out and close above 49 then re-entry as
we don't know how much fall will be there with volume so this way we are safe from high speed fall.
target is all time high. so be ready with patience as it will take long to hit.
becoz it took almost 1 year to form
be patient eventuallylong term wealth will be generated.
avoid news
SEDG over 294.00Whether or not we get a rotation back into solar, this chart looks set up for a breakout over this level. Looking at this on the hourly, there was a larger move that was given back that you can also see on the daily upper shadow. As this has found support at the fib, I think this hints at future movement.
$XAGUSD - Inverted H&S and important breakoutHi guys! 👋🏻
🔔 Silver confirmed an important brekout from the descending channel.
🔔 A pattern to watch here is - Inverted Head and Shoulders
🔔 Biden will push the stimulus bill as Covid cases in the US hit new record highs. It's time for gold and silver to shine again.
🔔 Currently, silver is testing the neckline, might retrace a bit and later continue the uptrend.
✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.
EURCAD, 2hr tf, inverted HnS pattern to materializedHello my friends,
For today i saw an inverted HnS pattern on EURCAD pair.
This pattern occurs on 2hr tf so it might be a bit small in range but worth to try.
We will keep it simple with only price action, you can see price broken above the neckline with a solid candle close above.
The candle looks like a bullish pinbar so i think this is a confirmation candle as well.
Buy EURCAD 1.5490
Stop loss 1.5450
Take profit 1.5570 (2R)
RR Ratio 1 : 2
Use only 1-2% risk
Good luck
ELY Inverted Head and ShoulderBullish on ELY after buying Topgolf. If we can clear the all time high around $25 I think this could take off to minimum $40. Currently around 2B market cap with significant revenue growth the past 3 years up to 1.7B in 2019. Also, MACD bullish crossover on monthly chart and quarterly chart.
SANDBTC is creating an inverse head and shoulder 🦐SANDBTC is creating an inverse head and shoulder on the bottom. If the price will have a breakout from the neckline and retest it as new support, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
inverted head and shoulders in sunpharmainverted head and shoulders spotted in sun pharma
pharma sector is showing positive signs nowadays
so this is a good buying opportunity
go long above ~518-219 target is easy 1% that is around 526
swing traders can take risk and go for a much bigger target
intraday people enter wisely
Giant bullish flag or Descending Triangle for APHA.APHA is trading back into a Macro Bullish Flag or Descending Triangle drawn in dark blue, we have seen a fake-out to the downside where I have the blue human body icon, this is potentially forming an inverted H&S, and at the same time APHA is trading back into the Macro pattern, which started becoming bearish Jan 2018 during the hype before Canadian Rec.
The KST wants to crossover bullishly, but is being rejected for the time being, you need to zoom in close to get a better view.
Potential merit for a Ascending Triangle on the RSI.
Long - GODREJCP with Inverted Head and ShoulderHi Investors,
GODREJCP is one of the strongest FMCG stocks. And on top of that, it is giving a strong Inverted head and shoulder pattern. Risk to reward is 3 and price has potential to break above 970.
LONG
========
BUY at current price (718-720)
STRICT STOP LOSS = 647
Short term Target = 970
Long term Target = 1200-1300
I hope you will benefit from this knowledge
-MetaVish
PS: Twitter handler = MetaVish.
Long - MARICO - Inverted Head and ShoulderHi Fellows,
Marico is making a strong Inverted head and shoulder in a Weekly time frame. It has tested 400 level many times in last 12 months.
Above 400 it could be a good run.
I hope you will benefit from this knowledge
-MetaVish
PS: Twitter handler = MetaVish.
Ascending Triangle for Bitcoin?Notice the giant Inverted H&S?
I have placed the blue human icon to represent the head of the inverse head & shoulders pattern, and the two light green lines on either side are the shoulders.
On the RSI & KST, I don't see anything too noteworthy for either a bullish or bearish scenario, a few more trading days should give a more precise narrative of which way BTC is heading.
Long - BHARATFORG (Inverted Head and Shoulder)Hello Mitro,
BHARATFORG one of the Derivative stocks is making a very attractive price pattern (Inverted Head and Shoulder)
Check out the chart and your fingures will fill tickles to take a trade. But wait for it to break 530 level
LONG
========
BUY Above 530
STOP LOSS = 425
TARGET = 785
Long - Piramal Enterprice (PEL) Inverted Head and ShoulderHello Aliens,
Piramal Enterprise is making a beautiful price structure with potential bullish trend. Breaking above 1480 could give a safe and confirm entry to go long side.
Possible holding period is 1-3 months at least.
I hope you will benefit from this knowledge.
-MetaVish
Tatapower with a Bullish Chart - Inverted Head and ShoulderHi Friends,
TATAPOWER is making a nice Inverted Head and Shoulder in a Weekly Time Frame. And also, it looks like a Cup and Handle.
It is good to go long once it breaks the Rs .64 level and possible upside till 94-100. I hope you benefit from the chart published here.
- MetaVish
NSE:TATAPOWER
XRP/USD - Short Term Price PredictionHello all,
XRP/USD appears to have broken out of an Inverted Head & Shoulder pattern. Short term target is 0.54.
This is just a near term target and I am expecting XRP to rally much higher. I will be looking for a series of bullish patterns and waves to be forming in the coming weeks to provide added confluence.
Do follow for further updates.
Feel free to leave a comment on where you think the price will go.
Thanks for looking,
Beyond Edge
Disclaimer
This is not trading advice. All content/ information shared in this idea is purely educational in nature and is expected to be used for analysis and illustration purposes only.
Do not trade or speculate based solely on the information provided.
Trust your own analysis.
Beyond Edge