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Invertedheadandshoulders

BPP | Wave Analysis | Bullish Divergence Uptrend Target +25%Price action and chart pattern trading setup: > ABC correction - main downtrend channel breakout in TFW and bullish Anti Nenstar pattern - possible a major trend reversal pivot point > Indicator: MACD / RSI bullish divergence - strong reversal signal in TFW > Entry @ Breakout retest zone SMA50 - 20 > Target @ TP1 17.2 + 15% Inverted Head & Shoulders Target / TP2 18.7 + 25% - Falling Wedge Target - 0.618 Fibonacci retracement and volume profile POC > Stop @ Inverted head position -7% > Risk reward ratio: 2:1, 3:1 Always trade with affordable risk and respect your stoploss - nothing 100%
SET:BPPLong
by dukeposh
NZDUSD (BUY) Inverted H&S OUTLOOK D1NZDUSD is trading at an area of interest which we are currently in a bullish trend. A short term consolidation is needed to complete a potential bullish continuation structure or we may just breakout upwards of the neckline as we have Inverted H&S pattern in completion. I personally expect short term growth of USD before continuing the bullish trend. Looking for a buy opportunity around 0.62200. What's your view on USD? Leave a comment below and share your opinion! Trade Safe Thanks
Long
by ktlfx
2
SE: Inverted head and shoulders formingSE (Sea Limited) Being 85% off its all time high, SE is trying to form a bottom here. The pattern I see on the 4h and daily chart is an inverted head and shoulders . It's a reversal pattern. Inverted head and shoulders (like head and shoulders) are only confirmed once the neckline is broken. The neckline is between 62.45 and 63.95 so I would consider a long entry for a swing trade if and only if we break 64. Just watching for now. But the chart is showing some positive signs. The target of the pattern is at 90 . Trade safe.
NYSE:SE
by Elpidaldo
2
H&S Bottom: Double Bust (ETH)The inverted head and shoulders pattern failed . All is well, as we have Thomas Bulkowski's history of patterns & statistical setups to guide us along together. Ethereum has already invalidated the single bust . It is time to explore the Double Bust IH&S chart pattern, & look for these elements: Price must confirm the head-and-shoulders bottom by closing above the neckline or right armpit (A). Price rises no more than 10% before reversing. Price closes below the bottom of the chart pattern (B). This busts the pattern for the first time. Price drops no more than 10% below the bottom of the head-and-shoulders bottom. Price closes above the top of the head-and-shoulders bottom. This busts the chart pattern for the second time (C). The stock rises more than 10% above the top of the head-and-shoulders bottom. A double busted head-and-shoulders bottom turns into a triple bust when the rise after the second bust is no more than 10% and price then closes below the bottom of the chart pattern. Busted Inverted Head-and-Shoulders Historical Performance : 16% of head-and-shoulders bottoms will bust Of those that bust...47% will single bust 36% will double bust 17% of them will triple bust Single busted patterns will see price drop 22% on average (invalidated) Non-busted head-and-shoulders bottoms (that is, head-and-shoulders tops) will see price drop by 16% on average If you have related analysis please be sure to share so we can learn together! Confirmation of Single Bust Invalidation: Price must confirm the head-and-shoulders bottom by closing above the neckline (down sloping necklines) or above the right armpit. That occurs at (A) in the figure above. Price must rise no more than 10% above the neckline. Price then closes below the bottom of the head-and-shoulders bottom (B). Price continues dropping more than 10% without closing above the top of the head-and-shoulders.
BITSTAMP:ETHUSDLong
by ZenMode
8
NVDA: This is what it needs to EXPLODE. 🚀• NVDA is incredibly bullish, however, it is trading at a critical key point; • NVDA just hit a trend line that connects all its previous top levels since Nov 2021; • What’s more, NVDA is inside a Descending Channel; • However, if it breaks this resistance level, NVDA might trigger a long-term bullish reversal structure; • It would not only break free from a Descending Channel, but would trigger an Inverted Head and Shoulders chart pattern, in the weekly chart; • This would be the confirmation sign of a bullish reversal on NVDA – however, this pattern wasn’t triggered yet; • Any top sign under this resistance could easily frustrate the bullish thesis, therefore, we must keep our eyes open; • I’ll keep you updated on this. Remember to follow me to keep in touch with my daily analyses!
NASDAQ:NVDA
by Nathan_The_Finance_Hydra
3
NZDJPY I Inverted head and shoulder - LONGWelcome back! Let me know your thoughts in the comments! **NZDJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Long
by BKTradingAcademy
16
KHC: WARREN BUFFET'S HOLDING BREAKOUTKHC (Kraft Heinz): I like the risk vs reward on the daily chart as it broke the neckline of an inverted head and shoulders and has just come to retest the breakout spot. Good enough for a long swing trade for me. Target of the inverted head and shoulders is in the 45 zone. If you look at the weekly chart, you'll see a nice rectangle range between 32.65 and 44.65. We're now in the middle of that range so if the inverted head and shoulders plays out we could reach the top of the rectangle. Stop at 38.2. Trade safe!
NASDAQ:KHCLong
by Elpidaldo
Right Inverted ShoulderH&S Inverted Pattern plays out. rejected 4100. This intense two day selling move looks and feels impulsive. Still could play out as an ABC but in this bear all the downs have been impulsive 5-waves. Being long is hi-risk imo. So this is just Wave 1. A bull trap is coming for a day or two. FOMC likely trigger for the 3rd Wave, final target 3660. After TL break, retrace up wave after first move down is typically a 0.62 retracement, could pivot sooner at .382 or 0.50. IMO The Grinch will be running holidays and Santa will come late to this party, or not at all. Don't count on seasonality. Top is in IMO. Look at Dec 2018. Get it? Good. Coal in all your stockings! GLTA
TVC:SPXShort
by DaddySawbucks
27
EDU: BOTTOMING PATTERN & GAP FILL PLAYEDU ( Chinese stock ): I'm bullish Chinese stocks in general but I really do like the look of EDU. A few reasons to keep a good look on EDU: - price is now above all the moving averages on the daily chart; - price is getting back above the Ichimoku cloud; - there is a huge gap between $29.70 and $57.34; - the weekly chart chart has the look of an inverted head and shoulders (but not really perfect). Has EDU found a bottom? It looks like it. Can we fill that gap? Not sure. However the chart looks promising. The next resistance is at 29.70. If we cross 29.70 I would expect the price to accelerate to the next resistance of 50.27, then potentially fill the gap. If we see weakness in the coming days, the next supports are at 24 and 22. I would wait for the price to cross 29.70 before initiating a long position. My 1st target will then be around 50, my second target will be at 57. Trade safe! (This is no financial advice. Technical analysis is given to help you make your own decision. As always place a stop loss when you enter the position, and do not ignore risks of delisting for Chinese ADRs).
NYSE:EDULong
by Elpidaldo
2
TAL: inverted head and shoulders and gap fill playTAL (Chinese Stock) : I'm bullish Chinese stocks in general but I really do like the look of TAL, which looks very similar to EDU. A few reasons to keep a good look on TAL: - price is slowly getting back above the Ichimoku cloud; - there is a huge gap between $9.68 and $17.36; - the weekly chart chart has the look of an inverted head and shoulders (bottoming pattern). Has TAL found a bottom? It looks like it. Can we fill that gap? Not sure. However the chart looks promising. The next resistances are at 5.45, 5.66, 5.91 and 6.48. If we cross 6.48 I would expect the price to accelerate to the next resistance of 9.68, then potentially fill the gap. If we see weakness in the coming days, the next supports are at 4.62 and 4.28. I'm initiating a long position today with a stop around 4.80. If you cannot monitor your trade actively, waiting for a break of 6.48/6.80 is a wise decision. Trade safe! (This is no financial advice. Technical analysis is given to help you make your own decision. As always place a stop loss when you enter the position, and do not ignore risks of delisting for Chinese ADRs).
NYSE:TALLong
by Elpidaldo
2
BARC to break from IH&S.Barclays - 30d expiry - We look to Buy a break of 152.62 (stop at 145.44) We are trading at oversold extremes. A bullish reverse Head and Shoulders has formed. Short term bias has turned positive. Prices have reacted from 132.06. A break of the recent high at 152.22 should result in a further move higher. Our outlook is bullish. Our profit targets will be 170.78 and 175.78 Resistance: 151.00 / 160.00 / 170.00 Support: 143.00 / 140.00 / 132.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
LSE:BARCLong
by Saxo
200 DMA Coming Up: Rejection?Chart says all. 200 DMA been the pushback all year. Probly gonna dump again to give us a right inverted H&S. The next rally will likely breakout above the 200 and really rocket. Be ready. Short-term short; longer-term long. NB: 0.618 Fibo was 4007 from the 16 Aug peak (not shown). trading slightly above it here, pushback Weds PM went to Fibo. Probly a good price to set up shorts imo, SPX 4k, SPY 400. Puts are cheap again, always a good sign for bears. FOMC 14 Dec!
TVC:SPXShort
by DaddySawbucks
9