Dare short failed high? Traders expo reveals what todays top traders are looking at...
I didn't measure wave points yet because it hasn't form wave 2...
BTC found resistance at the $8500 mark followed by a decent move to the downside It managed to stay above $6000 horizontal support and a retest of 0.618 fib retracement ($6800) is very likely (descending broadening wedge reversal pattern visible on the 4h chart: IF this happens it might also be the right shoulder of an inverse H&S as shown in the graph (red...
Buy Target ; 55000 - 58000 levels. Sell Targets; t1 - 78200 t2 - 97000 t3- 127300
Head & Shoulder. Looking to catch the last shoulder.
Forgive me if this is wrong as I am still learning, however would you say over the next few days a potential right shoulder is forming on the GBPJPY daily TF?
Inverse H&S which should be completed prior ER. Then test ATH and breakthrough ?
AUD/USD did not play out how we predicted last week! Trump's press conference gave USD a chance to correct and give this pair a push higher to break support and this descending trendline. AUD/USD is currently sitting at key weekly support which price reacted off nicely recently. We will be looking for a pullback to the 50 fib/next support at 0.7350 to form a right...
Hi All, We got head and shoulders pattern in Nifty 15mins chart and the right shoulder is yet to get completed. If we get bearish confirmation around right shoulder we can short Nifty and trail our stops till the neckline and if neckline gets broken we are in for treat today. But today being expiry day and GST Bill inching closer to get final nod, we should be...
A visual of a H&S completing a right shoulder of a H&S
Wanted to make a more detailed chart