Invertedheadandshoulders
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!
Which Path Will Take FDAX?This chart is released as a poll to measure the traders sentiment bias over a potential inverted head and shoulders pattern. Read more.
Inverse Head and shoulder pattern in BTCHopefully we will se Inverse Head and shoulder pattern in BTC and BTC will pump hard.
DAX inverted Head & Shoulders formingThe DAX is busy forming an inverted Head and Shoulders pattern on the 4H chart.
If it breaks through the neckline, we can expect quite a nice upward move to happen thereafter. As always, wait for confirmation.
GBPJPY - Watch this Inverted H&S PatternThe GBPJPY cross 4-hour chart shows a potential inverted H&S pattern. Follow with us what to expect from this chartist figure.
CAD/CHF INVERTED HEAD AND SHOULDER PATTERN!!Price Action (Technical Analysis): Spotted a potential Inverted Head and Shoulders Pattern at Key Support Zone while in an Oversold Market in Weekly Time-Frame. We have a Bias that price needs to press up due price pressing down to Weekly low in this Triangle Trend (Weekly Time-Frame). Our last resort to continue this idea would be price rallying at the 61.8%, once price breaks and closes below.. Trade is invalid and we will wait for more suitable market conditions for our next advanced pattern breakout.
Fundamental Analysis: None.
HDFC - Hourly Chart HDFC - Hourly Chart - Completed the Inverted H&S Pattern on Hourly Charts. Breakout of Neckline today. Expecting price to move upwards now.
BTG Long Term Inverse HS coming into play/ Consolidation phaseBTG has been forming a long term Inverted HS over the coarse of the past year, currently found a nice support ~18 dollar mark, but definitely has room to move down into the lower 17 dollar range.
BTG isn't necessarily a smart Long ATM.
I suggest continued TA, as BTG moves sideways between ~17-19 ranges as a considerable drop from Bitcoin (down to ~8.7k) could easily invalidate these charts at this point.
NOT AN EXPERT, DISCLAIMER!!!
I saw this forming and nobody had been discussing it yet, so i thought id bring some light to it.
As Always, DYOR and Good Luck
EURUSD, Buy on H4**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, -
Short term long for BTC Back up to retest ~12k resistanceBitcoin forming Inverted HS on the 30 minute charts:
Could possibly see a rebound off the ~9,650 Dollar mark back to retest ~12k Resistance levels.
If Inverted HS plays out i see the the 11,800 being touched before falling back to to the 9.2k range.
If pattern doesn't play out most likely dance around the ~9,200-9,600 range before heading back towards 8.7k and lower.
NOT AN EXPERT, DISCLAIMER!!!
As Always, DYOR and Good Luck.
FCF - triangle breakoutNYSE:FCF is breaking out from triangle and is may run up to 15$ target. In addition, potential inverted H&S may be in play later on targeting 17-18 region
Stop @ 12.88
Target @ 15
CADJPY long- inverted head and shouldersI have been waiting for this move on CADJPY for weeks and I hope we are finally about to see it happen.
Daily price action is telling us momentum is still with the bulls. Now on 4H we have seen price break out of our resistance zone completing an untidy inverted head and shoulders pattern. EMAs looking good on all significant timeframes. I have entered a long position on the retest of this zone at 82.70 with a stop loss of 30 pips and take profit of 120 pips. 4:1 risk-reward ratio.
New Instagram account @andy.fxtrades. Will be posting regularly on there also, all follows and support is appreciated!!!
BTCUSD, 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, -
#bitcoin H4 Retest or Weakspot?After last night´s baby dump below Monthly Pivot level, it is now in question if this is the proper Retest I was mentioning before, OR if this is the weak spot where we will break down. Big question mark.
This did not yet change my mind, but I am going to re-adjust my plans if today´s outcome is as uncertain as this iHS was since 19/7 (Weak right shoulder, a downsloping neckline,...). Volume remains very bad, which is usually not a super good sign for a typical reversal bottom pattern, what so many hoped this will be in order to bounce off and rise. We are still above SMA50 on this H4 and we are on the "necklines" support. Indicators heated up a bit and cooled down now. Room for bigger movements is definitely there. Both ways.
This Sunday is watch and see. Good time to relax :)
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No financial advice. NeruSuite v5 - advanced technical analytics tool. #dyor
