Inverse H&S on GBPJPYPotential H&S on GBPJPY. A good buy would be 139.760-139.790 region the left shoulder would be confirmed then a big push up to around 141.540.
Invertedheadandshoulders
USDSGD - Long Inverted H&SA nice inverted H&S pattern at a daily support level (channel)
Waiting for a break and possible retest of the kneckline and will be looking for opportunities to go long.
Will see how it plays out
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!
EURAUD BuyPrice complete head and shoulders pattern and break trendline.
neckline level broken as well.
buy targeting 2 levels on chart.
Stop below right shoulder
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.
GBPCAD Short Prediction It would be preferable to wait for price to make it back in the red zone around 1.70400 to go short on this pair and upon gud price action in that area for a first TP around 1.6900 and a second at around 1.68500.
#PatienceIsKey
$TWO bullish inverted H&S on the daily chart #stocks #trading$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
DOW - LONG & STRONG - US Markets are making new highs and looing very bullish.
- Measured move targets the top of the channel.
AUDUSD LongAre we looking at a potential INVERTED HEAD AND SHOULDER formation?... it would be preferable to wait for price to fall back in the green area between 0.68866-068786, get a proper price action signal then go for a buy.
#PatienceIsKey
Gud Luck
EURCAD ANALYSIS If price pushes up and gets stopped in the red zone between 1.46000-1.46144 and makes it back in the green zone around 1.45677-1.4530 and repeats itself and gives us gudd price action, it would be a gud opportunity for a long buy.
#PatienceIsKey
Gud Luck
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.
BREAK ND RETEST OF INVERTED HEAD ND SHOULDER PATTERNUSDJPY:- PRICE ACTION FORMED AN INVERTED HEAD & SHOULDER PATTERN WHICH HAS BEEN BROKEN OUT ND RETESTED. A LONG ENTRY MAY BE PREFERRED. USE BUY@MARKET PRICE SL@108.100 TP@110.100
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
ALSI - J203 (Monthly)- ALSI ended the month on a positive note.
- Markets are looking bullish and i expect the ALSI to follow.
- I will be focusing mainly on LONG setups when trading the index.
- MANAGE YOUR RISK -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
Update - A Weak LINK In The Chain For The BullsSo this chart started out with just my two white trend-lines, and after drawing them I realized that there is also an Inverted H&S along my resistance line. I seem to be finding these a lot lately and I'm kind of questioning their reliability. I think this is going to come down to which trend-line breaks first and confirms its H&S. If we break down it's possible $2.50 could save the day, but I personally don't feel another test of that area alone will hold us up. The RSI levels are all fairly neutral, but the bigger the time-frame the more room we have to fall, and that is why I think the H&S(not Inverted H&S) is more of a threat. If we move up I still feel a re-test and break of $2.88-89 is also key to moving even higher.
I have personally been bullish during this consolidation, but the closer we get to $2.50 again the more concerned I become for that scenario. Though we can still very easily hold support and break the overhead resistance to head back towards $2.76-.79. We'll just have to wait and see. I'd recommend stops just under the resistance line or under $2.50 if you want to risk a little more for the potential pay.
USDJPY LongLooking like a gud zone for a buy at this level if it holds and gives us a proper price action for entry.
Gud Luck.
#PatienceIsKey.
Big Trend Change In The Works?There is 'potentially' a Inverted Head and Shoulders on the 15min time frame. Make sure to set a stop because it could certainly keep going down. Info is on the chart. Hit me with a like if you found the analysis interesting! I'll do my best to update the post if I see something meaningful.
NZDUSD Analysis: Retest of inverted head and shoulders necklineHi traders , from my point of view I see a very clear inverted head and shoulders reversal pattern on this pair.
The price after rising higher fell down to retest the neckline and seem to respect it.
I see high chances of price rising higher up to 0.67097 but may stagnate at the indicated levels.
I would appreciate your views on the pair in the comments section. If you agree with the analysis please hit the like button to help reach more traders.
USDCHF Inverted HNSpotential pullback after downside movement.
buy on the right shoulder.
RR on chart
