Last week's surprising jobs report sticky inflation, and persistent and frothy financial conditions may force the Federal Reserve members into a more hawkish position, forcing them to keep the heat on interest rates and the money supply. Many market participants were looking for a pause in rate hikes as soon as next month and possibly a pivot to lowering rates...
Who will win? S&P500 is trying to push through two bullish patterns (reverse head & shoulders and bullish cup and hangle) but seems to be struggling to break clear of the downtrend resistance line
HI BIG PLAYERS, today I present you a nice SHS pattern on USDCAD. This short setup give a trading chance of risk-return-ratio (RRR) 1:6. For every invested 1 EUR you can gain 6 EUR back! Best regards NXT2017
i spotted a very clear head and shoulders pattern. That is why im going short
can you see the shoulder head shoulder formation? it can be a little shs or a bigger one :D
Hello my friends, This is my more detailed analysis to NZDJPY of my previous post. Previously i posted about NZDJPY making shoulders head pattern and today price finally closing below 70.00-69.90 support on 4hr timeframe basis. I tried projecting NZDJPY downward movement using Elliott Wave theory and it is possible price could go down until 68.20-68.30...
Fake Breakout with 5 consecutive days on the uptrend. Although general trend is looking bullish we expect a healthy retracement from this fake breakout before the big breakout to the upside 1.173+ assuming it passes the key critical resistance. Sell Opportunity to the regions of 1.15, daily indicators still highlight the pair as strongly overbought. It is only a...
#OGNUSDT #OGN $OGN SHOULDER HEAD SHOULDER
A chance to sell CRUDE for the NFP`s. No signal, just an idea.
Hello Traders, We are currently watching this pair for a potential bull flag , and a break higher towards the shoulder line. Major resistance found at 1.6420. We will look to enter a sell position from the shoulder line with a long term target of 1.5900. The RBA will cut interest rates tomorrow therefore expect volatility on all AUD pairs. Short term we are...
Since I am seeing top authors posting here what I have seen a week before already, I will take the grace and let you know about it as well. Its simple, its obvious, I don't have to say more at it, simply take a look. Head and shoulders is a reversal pattern and requires a RED left side. We have it, we are reversing the short term trend, I am longing this one on...
Vemos a nuestro par favorita en una situación de ajuste de tendencia en una línea de soporte semanal, que se rompe una vez para mostrarnos un movimiento bajista. Sin embargo, el precio vuelve a subir y lo rompe nuevamente. Es temerario entrar en este momento. Es aconsejable esperar hasta que tenga una entrada clara. Personalmente, esta semana voy a estudiar el...
H&S Pattern about to break through neckline on BTC. If the necline breaks then there should be more correction to come.
A short term bullish Shoulder Head Shoulder has being formed after a hard downtrent . This can be the beginning of a bigger bullish movement.
If the blue line gets a resistance line. Bitcoin could fall down to 6k