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.
Invertedheadandshoulders
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
NZDUSD - Long #Forex #ForexTrader #ForexTrading #ForexChartNZDUSD - Long opportunity
I managed to catch a small inverted H&S pattern and it got my attention that there is another one that is much larger forming.
I'm still currently short due to the fact it is still short overall on the daily TF
However..
With a strong possibility of Fed rate cuts coming i believe that this could be a great opportunity to go long.
Any questions feel free to ask
GBPAUD Looking BullishDescending Triangle ,Self Explanatory.. Inverted Head and Shoulder. A Break above the first red zone could see a potential continuation buy to the second red zone
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
Fibre Showing Reversal Pattern on H4On H4 EURUSD inverted head and shoulder is developing. This is one of a powerful reversal pattern. A break above 1.09380 could likely see the pair testing 1.1000 resistance
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.
___________________________________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
Trade Ideas Educator: USDCAD BatLooking for Bat buying for based on the bullish inverted head and shoulders or a deep gartley pattern setup.
Let's see how's the trade roll up and wait for the setup for the trade.
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
