Head and Shoulders is a two way pattern, it goes down most of the times and when it fails to go downwards it may break upwards to become a Head and Shoulders Failure Pattern. Same as the Head and Shoulders pattern, you can measure the length of the head to find the target price from the breakout point, my approach in this case is a bit more conservative...
MATIC Inverse H&S pattern Buy if breakout for a risk reward ratio of 5.5 ###NOT FINANCIAL ADVICE###
XRPETH is looking good right now, huge fractal in play. XRPUSD also shows a huge inverse H&S or cup and handle and is testing the neckline as we speak. ###NOT FINANCIAL ADVICE###
All indicators are showing bullish for DOGE DOGEUSDT bounced from 200MA Inverse H&S and Falling wedge ###NOT FINANCIAL ADVICE###
We will need neckline break for confirmation but this looks quite absorbing. ###NOT FINANCIAL ADIVCE###
Rouding bottom and Inverse H&S If momentum catches up we can easily see it going back up to ATH However with BTC being a bit slow here I am keeping a very tight stop loss ### NOT FINANCIAL ADVICE###
From an FA perspective we are seeing more and more clamp downs from governments around the world, countries simply don't like to lose control of money. Although I do like freedom but you have to realise the reality, the approach to work with the government may shine for a while. Technically speaking we are now testing strong support area of 0.58~0.67, XRPBTC...
DEFI INDEXES showing continuation potential here. Falling wedge pattern awaits breakout and volume confirmation. ###NOT FINANCIAL ADVICE###
Inverse H&S pattern We've got the breakout with very good volume ###NOT FINANCIAL ADVICE###
Pfizer 2M Cup & Handle chart pattern Entry offers an astonishing risk reward ratio up to 20.55 ### NOT FINANCIAL ADVICE###
Nice accumulation with decreasing volume Buying on Ascending Triangle breakout if it happenes, Ascending Triangle breakout statistically has 98% success rate(according to the internet) ### NOT FINANCIAL ADVICE ###
MicroStrategy has formed a bearish Descending Triangle pattern This is an opportunity with good risk reward ratio I am looking to short it along with $BTC ### NOT FINANCIAL ADVICE###
4 hour Ascending Triangle confirms bullish Golden cross on MACD Price well supported by ichimoku cloud. ###NOT FINANCIAL ADVICE###
We've got 2 scenarios here. Scenario No.1 Falling wedge Scenario No.2 Descending Triangle No.2 would align with my long term view on BTC but the price refuses to break lower makes No.1 more and more likely as time flies by. Either way swing traders will need volume on breakout for confirmation to enter a trade ###NOT FINANCIAL ADVICE###
Falling wedge pattern only has 8% - 10% failure rate. Good to enter on breakout with volume for confirmation. ###NOT FINANCIAL ADVICE###
A clear long-term ascending triangle pattern. Breakout of the neckline would send us all the way up to $82 ###NOT FINANCIAL ADVICE###
Shooting star on daily AXSUSDT Speedline break on AXSBTC All indicates the end of bull run and be heading down from now on... ###NOT FINANCIAL ADVICE###
EAST MONEY has been testing its all time high for a long while and is getting ready to breakout. If price gets above 34 and stays above, we are likely to see a rally up to around 45 ### NOT FINANCIAL ADVICE ###