Invertedheadandshoulders
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)
(4h) Dxy between Monthly FractalsTVC:DXY
Weekly and daily fractal resistances positioned at 97.44 with support at 96.67;
Targets for the eventual inverted head and shoulders at 99.14;
Bearish shark patterns projected at the default fib extensions, between the 161.8% and 224% fib levels, with the 224% projected right at the monthly fractal resistance, forming another symmetrical behavior, very similar to the previous bearish momentum between the left shoulder and the head.
Breaking below the most recent structure and fractal support at 96.67 will increase the probability to keep trading even lower.
Projected at 96.04, the default bullish bat pattern at 88% fib, the alt-bat pattern at 113% fib a couple of points below the previous lows at 95.62 and the bullish crab pattern extended at 161.8% fib at 94.76.
US 30 Inverted H&S suggest completed first wave in Primary CycleDetails in chart. The inverted Head & Shoulders is highlighted with cups, but you really can't miss the big red candles. Gonna get a huge bear flag from this, IMO.
Closed my shorts early, but never sorry to give the other guy the last dollar. Reactionary wave should appear within a few days rising from oversold condition.
IMO this rascal is gonna pop up hard from here and give us a hellacious bear market rally, following a washout low on Monday, shown by small arrow down, large arrow up.
Should rally until early September, when it again reaches overbought condition, provoking the next and larger down wave in a 5-wave Elliott impulsive negative trend.
The inverted H&S is crystal clear and strongly suggests we're in for a monster wave 2, like those power peaks we saw in November and December before the big break.
Credits to Hungry Hippo for a similar idea in which he better describes oversold and RSI, MFI, etc. Will NOT go straight down, folks!
Trade at your own risk, this isn't investment advice; GLTA!