this is a fcpo trading we can actually use the structure formation to involve in our trading...for this example, we can use the formation of the right shoulder as a structure level to short the market...the neckline is possible to be formed at 2300, the psychological and strong support level...a breakout of this level will mark a turn to the...
Hello traders! We could get a bearish reaction if this zone gets a retest. This retest will form a beautiful falling right shoulder if the market decides to revisit this area. Monitor price action for trading opportunities. This is an idea not a signal, published for educational purposes. Trade smart don’t gamble. -Rum
This will be a good one to hold for a while, looking to enter at Fibonacci retracement which lines up perfectly with possible Right shoulder forming I am using Loose stops as I was hunted on my tight stops yesterday This is based on weekly timeframe so let the price action develop on mentioned levels I have also started sending Proper signal in telegram...
Hello traders! We are seeing a rally to a key zone on this pair where we could get a reaction. If price gets to this area of previous minor support, it would be a right shoulder that presents us with a short opportunity on the Dollar Cad. This is an idea not a signal, published for educational purposes. Monitor price action for trading opportunities. Trade smart...
Hello traders! We are seeing a rally to a key area where we could possibly see a bearish reaction. Even though it is not illustrated in this chart, this impulse rally is the behavior of the shark pattern where we could see a possible reversal at or near this zone. Monitor price action for trading opportunities. This is an idea and should not be interpreted as a...
Hey everyone! On the chart above we can clearly see the Right Shoulder of our Head and Shoulders forming right now! This means we have a great chance to sell now with a TP@37.04 where our Neckline is. Once this level is broken we can expect a much bigger drop of at least 4 USD. Take profits are on the chart. You can follow me on telegram for news and...
#Ethereum Possible Head and shoulder forming on top of the trend, bearish divergences all over the place will risk a short
#btc is looking dumpish so should this shit, H&S formed on 4hr, trade with caution, extremely loose stoploss!
We are looking to enter shorts on the right shoulder on H&S pattern, which also corresponds well with the 0.618 fib retracement, as well as the 4H descending trendline.
Gold presented a double bottom during a corrective wave after strong movement to the upside. I want to see price action push up a bit more before we catch a retracement to the Right Shoulder of a H&S formation. There we will ride the next impulse wave. Like, Comment, Share.... and Follow
UC is currently forming an upside down, head and shoulders. This means there is probably going to be a short opportunity within some days. Im trying to catch the dip on the right shoulder. MY PLAN. - ENTRY: 1.33222 - SL: 1.33941 -TP: 1.31400 If this bull flag (currently also taking place) is strong enough to stop me out, i'll watch for re-entry around 1.3400...
Another possible chance to enter on GBPUSD short if you missed the initial move from the top. Right shoulder completion on the bigger H&S pattern Believe this could be £'s last hurrah before Brexit. Any question dont be afraid to ask Ben #PipGainFx
Enjoy it and trade safe. Happy tips! :)
Possible BUY setup for EURTRY Due to forseen inverse head and shoulders entry@6.285 target@ 6.69 sl@ 6.22 entry signal needed before entry can be take at support level 6.28
Noticed we have broke the range and pulled back about 68% fib since the break. I see a turn around coming :) If you remember I said earlier I have entered around .052 again with around 4k ADA. I will probably hold it for the long haul but should I decide to pull this bag early I will do so and put it into another asset that might be a viable option at the...
I was watching for descending triangle to follow through, but it seems there was enough buyers that it didn't fall through the "weaker" $87/88 support... Now, after bouncing off 50 MA, this recent pump back up to $99 resistance (20 MA) seems to have completed the right shoulder in H&S pattern... Given this pattern has an approximate 85% accuracy rate for...
Chart says it best. Got an A-B-C in progress. Very clear downtrend, A-leg in defined channel, high volume in selling, small volume buying. Definite 5-wave Elliott impulse forming in the reactionary B wave. Fifth and final wave should push to the 0.786 Fibo at 2905. Then enter C. This ABC is in turn part of a larger zig-zag correction in progress since Jan...