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Invertedheadandshoulders

EURCAD long trade ideaPlan: resistance level breakout --> 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 **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
2
BTC forming an Inverted Head and Shoulder or Broadening wedgeBullish: I'm seeing a potential Inverted Head and Shoulders pattern with a target between 12400-12550 (depends on where it breaks if it breaks) Bearish: There is also a descending broadening wedge which could playout with a target between 11300-11500 (depends on where it breaks if it breaks) You should definitely wait for a breakout before taking these trades! Bitcoin Trading Club is created to share valuable trading ideas, charts and to support each other with our trades (Not Financial Advice).
BYBIT:BTCUSD.P
by BitcoinTradingClub
1
USDCAD, 4hr timeframe, inverted shoulders head patternHello my friend, Today i spotted a nice buy setup on USDCAD pair. There is a bullish divergence on daily timframe and a nice inside bar pattern so i am looking into 4hr timeframe to time my entry. Surprisingly, there is an inverted shoulders head pattern forming and i think we are going to see price broken above the neckline soon. Buy USDCAD 1.3420-30 Stop loss 1.3360 Take profit 1 @1.3480 Take profit 2 @1.3540 Good Luck Disclaimer: I am opening buy position since 1.3420
Long
by HayatoDragonFX
What’s Next For XRP?? Price is now at a key level, I’ve noticed every time price reached this level it broke through and kept going. Price could also fake out and go down ; this is just an idea, but if price breaks through this line be looking for a long order. Also as you guys can see I marked up what appears to be an inverted head and shoulder which also gives me the notion that price is going to keep rising. I’ll be keeping you guys updated on what I do next with this pair, what are your thoughts? Leave them in the comment!
BITSTAMP:XRPUSDLong
by lobfxempire
4
IOTAUSDT nice weekly breakout 🦐IOTAUSDT nice weekly breakout (left chart) and now the price is creating an inverted head and shoulder on 4h timeframe (right chart). IF the price will break the dynamic trendline on 4h chart, According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 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 Plancton0618 strategy will trigger.
Long
by InkyGrip
Head & Shoulders nearing completion? - Target 10,400, then 14KBelow is a link to my previous analysis identifying the head and shoulders pattern with the neckline at 10,400. It looks like we may have the shortened low of the right shoulder behind us. A lot of pressure from the bulls to get back to the neckline at 10,400. There are several stops ahead before we get there with 9800 and 10000 being the 2 big ones. But it's a positive note for the bulls, that the large red trendline that started from the ATH in December 2017 has held as support, limiting the drop of the right shoulder. I expect to see upward trend over the next few days as we get to the neckline, and then we will see who wins that battle!
COINBASE:BTCUSD
by bluemt95
Is TNY trading in a Macro Ascending Triangle?TNY appears to be holding on to the green upward sloping support in this chart, the support is interestingly forming a giant Ascending Triangle. Potentially merit for a Inverted Head & Shoulders, only time will tell. Tinley has multiple upcoming operational updates that can influence these patterns to play out bullishly to the upside in a parabolic manner. 1. Canadian expansion of Cannabis-infused beverages & Beckett's. It appears as though Canadian expansion for the cannabis-infused beverages has been held off until Tinley received their Long Beach License because Tinley expects to provide reciprocal co-packing referral services with a Canadian co-packing partner. Updates on expansion to Canada are expected in August. 2. Some of Tinley's Co-packing clients will be announced in the near term because Tinley's Long Beach Facility received official licensing recently. The company is now in a position to consummate agreements in its pipeline of prospective co-packing clients, apparently there are five, and the CEO has mentioned some of the deals will put Tinley on the Map. Mentioned in one interview is a National Brewery, a well known Winery, and some well known Cannabis brands & mainstream beverage brands. 3. Beckett's shelf placement regarding approximately 6500 locations of interest, commitments from 4 chains for August, at least 1 is rumored to be Costco. 4. Working to finalize initiatives with prominent figures in sports and entertainment for marketing of Tinley products and co-packing clients’ products. 5. Expansion to Nevada. Tinley has several bullish milestones that if completed in a timely manner can have a serious impact on the share price to the upside, and on the contrary if delayed, the outcome would be vice versa & a retest of 20c CAD seems plausible.
TLong
by ScotianBot
1
USDCHF Trade Analysis for Long PositionUSDCHF Trade Analysis for Long Position Inverted Head and Shoulder form at recent support zone 0.93939 - 0.93754 Price break above neckline and go higher Neckline zone 0.94303 - 094176 Wait for price pullback to neck line zone and Bullish Rejection candle form and enter long position Disclaimer The content on this trade analysis is subject to change at any time without notice. Any information provided here is only the personal opinion of the author. This information is intended for educational purposes.
Long
by JaceFX
USDCAD, 4hr tf, inverted shoulders head / broadening patternBased on the 4hr timeframe we could see there is a potential reversal pattern for USDCAD. We could see USDCAD rotate higher as there is an inverted shoulders head pattern / broadening pattern. Price already broken above the resistance. We are going to time our entry on the pullback or retest of support. If prices continue going up, we will skip this trade and won't chase it. Buy limit USDCAD 1.3580 Stop loss 1.3520 Take profit 1 @1.3645 Take profit 2 @1.3710 good luck
Long
by HayatoDragonFX
BUY ON SWISSY DOLLAR?? There is a possible Inverse Head & Shoulders pattern being formed on the 2HR time-frame for USD/CHF. I've identified the head & both shoulders, as well as the neckline. Price recently bounced off of Daily Descending Support, which gives me even more cause for Bullish sentiment. I place a Buy Stop order & a Stop Loss order based off of the Inverted H&S. I'm floating my TP at the moment until I decide on a clear profit area. What are your thoughts on this pair?
Long
by lobfxempire
1
USDCHF long trade ideaPlan: wait for the price to bounce off from trendline or support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
4