Head_and_shoulder
INFOSYS, TECHNICALS and its WAVES!!INFOSYS is showing a RSI DIVERGENCE, with H&S.
i have drawn correction waves, after that it needs to get its bull run, since from past few days, nifty IT, IS getting corrected a lot, because of American news, so this made its bearish trend to continue, and reach its support(which started before the bull run).
this month will be a bearish nature of INFOSYS.
Buy XRP around the zoneBuyers did not tolerate breaking of the level!
Generally, by breaking a level down more sellers join the market, if buyers be able to move the prices even higher the broken level it's a good sign of their power. some classical analyzer may find a Head and shoulder here!
Bulls are so strong and price react bullishly to the dynamic levels. I'll buy some XRP around the level and keep them until the VP line is touched. If it easily broke the line I'll keep them to the next level but if I see enough rejections in LTF I'll sell them all.
In case of SL I suggest the stabilizing under the trend line as the SL.
Testing the treandline/neckline with Inverse head and shoulders In weekly timeframe, there is an Inverse H&S pattern formed from Feb'22 till now..
it looks good in consolidation btw 5200-6900 range by taking historical support treandline at head bottom.( EMA 20/50/100 is around shoulder bottom -- ~6400 as immediate support too)
So, this month would be key to get sustain around neckline and breakout towards 8500 range for next 6-9 months.
Note: this is just educational purpose and not for recommendations at all.
AIRBNB - Inverted Head & ShouldersMeasured move IF the inverted head & shoulders does in fact play out...
All going to depends on general market sentiment going forward here otherwise we go visit the lows again
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
$SOND extremely bullish setup. PT's are labelled based on chart patterns.
- MMU (measured move up/ ABC)
- Bull flag breakout imminent and the PT breaks the neckline of the inverse head and shoulders.
- A break of the neckline of the inverse H&S gives us the PT based on Thomas Bulkowski's statistical work.
It is also important to note that the MACD crossed to the upside on the daily and the RSI is still not oversold. No bearish divergences in the momentum indicators. THIS IS EXTREMELY BULLISH.
NEAR inverted head and shoulders#NEAR/USDT
$NEAR shaped an inverted head and shoulders pattern.
🐮 if price hold the previous low at $4.088, the right shoulder is completed and price can head up to break out the neck line and rise as high as head.
🐻🐮 I think price can have another leg down to make the low of right shoulder around $3.9 which is around parallel trend line of neckline, then increase to complete the H&S pattern.
GBPUSD - Bullish inverted Head and Shoulders 🚀The GBPUSD price is in Weekly Support level and in Bullish Inverted Head and Shoulders Pattern🧐
the key level is broken ✔
the descending channel is broken ✔
so, i predict a bearish move 📉
TARGET: 1.19948 🎯
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Real Estate ETF ShortVanguard Real Estate ETF Head and Shoulders target hit on the DTF .
I can see a similarities on the WTF and MTF that could play out and It could happen anytime up until 2024-2025.
We are also in a ABC Corrective Wave and housing prices are becoming unaffordable for most of the population due to rising INFLATION.