The head and shoulders chart depicts a bullish-to-bearish trend reversal and signals that an upward trend is nearing its end. The pattern appears on all time frames and can, therefore, be used by all types of traders and investors. The head and shoulders patterns are statistically the most accurate of the price action patterns, reaching their projected target...
Get Ready. VIX rising with rising price. RSI <60, got 70 at the Head > divergence. Do not buy into this fake rally. Bear ain't over, after hibernating all winter, it will come out hungry in springtime. 900 days. VIX >40. Watch.
Simple idea. Price has drifted closer to S/R line, seems likely to test it soon. Buy that dip, but Bear is not over! Indicators approaching oversold; FOMC FOMO likely start a weaker rally to a right shoulder; then June Swoon.
Inverted Head and Shoulders pattern showing the right shoulder for a potential breakout This is within an expanding structure Daily chart
Daily Chart Wait a possible emerging breakout and retest of the current downtrend MACD is approaching the 0 with momentum RSI has moved from the oversold Levels. We have World Cup Football Promotion Possible emerging Right Shoulder Formation (Head and Shoulders) then retrace to existing neckline. 3 Fib level extension targets.
After an swing upward, price fail to reach at least 33k region. Candlesticks inverted hammer & doji consecutive after an peak, bearish. Neckline: the priceaction will reaction from this and pullback to test. Expected a head in formation. Head and Shoulders correction in confluence to triangle. I've wright in baloon 'if price... breaks down... confirm...
Grab A Pair of Nike’s For A Friendly Game Of… ...head shoulders knees and toes! I’ve identified a head and shoulders pattern on Nike’s (NKE) weekly chart. My plan is to swing put option contracts on NKE. The measurement from the neck to the head is approximately 55.69 ticks. Therefore, the maximum price move to the downside is 62.99. On another note, I was...
Buyers salivating again that their is a bounce in BTC. They will not learn. The biggest BIGGEST mania, bigger than tulipamania, and they are expecting 100k! The likely outcome for me is that BTC is in a corrective ABC pattern. I do not use nor recommend Elliott Wave but it is useful. From a personal history EW led me to many losses because of its...
This could take us up to the 88.6% Retracement i would buy half of what I would normally buy here and I'll buy the rest if it pulls back more. Stoploss below the level of the right shoulder. In either case my profit taking level will be the 88.6% Fibonacci Retracement.
LRC is attempting to set a consecutive 4h HL as a potential, right shoulder, has begun to appear.
This could take us down alot if it begins to bearishly reverse from here as not only might it be a right shoulder but it could also be a higher high double top within the right shoulder.
This is an idea, not a signal. Analyze for confirmation and trading opportunities.
First buy still going, 75% position closed now we are retracing to fib levels & holding on HTF Pivots have S/r flip with S1 possible forming Inverse head & shoulders overall looks bullish, averaging down my entry just in case for more dump #notfinancialadvisor #DoYourOwnResearch
triangle invalid man, btc retest never holds :(
this is the 1st day of the new fcpo-nov... hi, this is haidojo trading and the number is 139... well, what has happened today is the price tested 2710 and slided down...next level it might go to the "neckline" 2560-2605...a break lower than this level indicates that a lower-low has formed...trend has changed to downtrend... resistance : 2780-2810 immediate...
hi, this is haidojo trading and the number is 134...today fcpo-oct gives us a sense of deja vu' feeling...with the consolidation still in the process... exchange date on 16th of the month...in which the contract will end tmr...so watch out those swing traders...not much movement in fcpo-oct today...except of a huge gap-up...and sideway... resistance :...
careful of this one! looks like huge correction incoming