EURUSD, Buy on H1Note : wait for the inverted H&S pattern to form --> wait for rejection candle to entry e.g. bullish engulfing, pinbar,. etc
**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 like i do, please write it in comment so we can manage the trade together.
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GWBFX
Invertedheadandshoulders
Is Ethereum trading in a Inverted H&S?Ethereum seems to be trading in two inverted head & shoulders, one big & small, notice where I've placed the red heads on the chart representing the heads of the pattern, and the Green line is representative of the neckline.
Key Takeaways
An inverse head and shoulders is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends
An inverse head and shoulders pattern, upon completion, signals a bull market
Investors typically enter into a long position when the price rises above the resistance of the neckline.
LTCUSD mid term forecastIdea : i think of a scenario that can occur if prices reverse are supported by falling wedge reversal and potential inverted H&S patterns formation
**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 like i do, please write it in comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
How to enter a trade using the inverted H&S (Education, Example)An inverse head and shoulders, also called a "head and shoulders bottom", is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends. This pattern is identified when the price action of a security meets the following characteristics: the price falls to a trough and then rises; the price falls below the former trough and then rises again; finally, the price falls again but not as far as the second trough. Once the final trough is made, the price heads upward, toward the resistance found near the top of the previous troughs. An inverse head and shoulders is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends
An inverse head and shoulders pattern, upon completion, signals a bull market
Investors typically enter into a long position when the price rises above the resistance of the neckline.
Chen, James. “Inverse Head And Shoulders.” Investopedia, Investopedia, 18 Nov. 2019, www.investopedia.com
BTCUSD Forecast on H5, bitcoin is getting ready to go higherNote : complete inverted H&S pattern is a pretty good sign that bitcoin will continue its upward movement --> buy on dip
**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 like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
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GWBFX
GBPCAD Update and Possible Buy setupAfter what seemed like a gud sell opportunity yesterday when price reached the area around 1.7120-450, price kind of fooled us all and broke above it. Now it is doing what is looking like a retest of that zone. Could we assume that price wants to continue up and probably towards 1.72490?
Basic Attention Token ($BAT) is going to get some attention.BAT is currently forming right shoulder of inverted H&S pattern.
Potential entry point is 3341 sats (break of the neck line).
With two potential target profits:
1. 4194 sats
2. 5113 sats
Do not forget about stop-losses.
It's not a financial advice.
Trade carefully and good luck!
XAUUSD, Buy on H1**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 like i do, please write it in comment so we can manage the trade together.
___________________________________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
I'm Not Concerned With XRP's Price DeclineThank you for checking out my idea!
I believe this wave down is the bears last attempt to break to new lows. I personally feel they will fail. XRP is one of the few coins to not really have made a serious comeback in the market. As some examples, LTC did $22 to $145, 6.5X. ETH did $80 to $360, 4.5X. BTC did $3k to $14k, $4.6X. Meanwhile, XRP did $0.28 to $0.50 during that same leg up. Nothing to be disappointed with realistically, but in comparison it doesn't beat any of them.
Why is that? Maybe there is a reason it's doing worse than everything else and I just don't see it. I am no XRP maximalist or BTC maximalist. So don't think I'm just trying to shill this coin or any specific coin. I try my best to be objective on any cryptocurrencies potential. Though I do see XRP is one of the FEW coins that's not just a theoretical idea being tested, but rather a fully fledged business model currently being used by multiple banks as we speak. It works and it works well. So the idea we are going to new lows is pretty far fetched to me. A large Inverse H&S pattern to start our bull run up would be a fantastic start. I think it's time XRP starts catching up to some of these other coins gains.
For those that think this is wrong; You very well could be correct! I don't believe that just because I think it 'IT MUST BE TRUE.' I could totally be wrong, but the burden of proof is on the bears for this one.
Again, thank you for checking this out! It's just a thought. Drop me some likes for funzies.
$TWO bullish inverted H&S on the daily chart #stocks #trading$TWO daily chart has formed an inverted H&S pattern as a result of a false breakout in late SEP, followed by a correction that found support at what is now the shoulders level
MACD just turned positive , RSI already in expansion area now sitting above 50
Look to participate on a close above the neckline that is now around 13.46
Measured target is around 14.43
Inverted Head and ShoulderHello there everyone we have got a very decent Risk to reward trade setup forming of USD JPY,
At a KEY resistance zone, we are looking for a very powerful breakout of the chart to trigger our trade setup,
just waiting for the confirmation of the trade. Either up or downside.
All the best guys!
Trading Game plan (For consistent results)
1. Trading only with maximum 2% of account value ( Not to have huge draw down of account)
2. Only trade @ KEY supply/Demand zone ( Identified via higher time frame W/M )
3. Trade my trading edge, Good Risk Reward (1:2 or higher)
Inverted H&S in Rite AidNice inverted H&S is being formed in NYSE:RAD . Breakout through neckline was supported by the volume, and ideal target is around 19-20$ for a very solid return.
EURCAD LONGWe have finally touched down with our TP on this pair with our previous sell position.. Now it is time for a gud long buy if this zone holds it for the formation of the second shoulder (INVERTED HEAD AND SHOULDER). With a little patience, price actioin will give us a proper entry raison for a buy.
#PatienceIsKey. Gud Luck