Invertedheadandshoulders
Trade Ideas Position : USDCAD SharkA bullish shark setup for a CounterTrend trading opportunity to engage for a long trade. Close of an indecision candle is at the minimum condition for me to engage this trade.
Target extension depends on how can candle was formed at point D and the default 2nd target
NZDUSD #Forex #ForexTrader #ForexTrading #ForexChartLooking to go long if this the current 4 hour candle can finish bullish..
if it doesn't happen will look for a different candle stick set up but will have to be at the same level to complete the inverted H&S pattern.
Any questions feel free to ask
Ben
#PipGainFX
EURUSD, 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.
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Thank you for your support ;)
GWBFX
USOIL, short term forecastNOTE : wait for the price to breakout the falling wedge structure, then you can buy dip for this setup
**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
EurAud(Long)Looking at Weekly we can see a inverted head&shoulders and watching how that weekly candlestick closes, also Daily had a double bottom so if your going to make another entry be patient as the pair could retest that neckline. According to Technicals, this should be going up for a nice profit target. Happy Trading!
EurGbp(long)I started with a top down analysis and had put my QP's. Looking through different time frames, is that on Weekly and Monthly, this pair has the potential to create a inverted head&shoulders. As of now, we are patient as Daily trendline hasnt been broken and there is no set up to go long yet
Trade Ideas Educator: USDCAD BatLooking for a buying opportunity on this bullish bat setup. The bat pattern fits in on the daily chart inverted head and shoulders. It may be still too early to tell at this moment but by Wednesday this week, the sign should be clear.
Check the link to related ideas that reflect on the analysis on Inverted Head and Shoulders that I've posted a week before.
Trade Ideas Educator: USDCAD I-H&SAn inverted head and shoulders, not your typical head and shoulders. I love to trade in advance of such setup so, in my term, I have missed the setup, so what's most likely going to happen to me is waiting for 1 if the bullish harmonic patterns set up on the 1-hourly chart for a buying opportunity.
Ford -Inverted H&S in play?It is still to be seen if larger structure in Ford will play out:
At the same time on smaller timeframe, NYSE:F may be in process of forming inverted H&S.
Yesterday's gap down on credit downgrade was bought rather nicely, and while sentiment on company still remains negative, it may actually push the price much higher.
In H&S trade, I would be looking to cross 9.65 with target @ ~10.5 (previous local high)