USD/CAD : Head and shoulders detectedHello dear traders,
Head and shoulders shows that the price will go up after the pull back , probably up to 1.36328
just wait for the bullish candlesticks
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Headshoulders
XMRUSDT is testing a neckline 🦐XMRUSDT is testing a neckline of head and shoulder created on monthly resistance.
the price bounce on weekly trendline and on 0.5 fibonacci Level.
IF The price will break the neckline we can see a new impulse, otherwise the price could retest the weekly trendline.
According to Plancton's strategy, we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Head and Shoulders - "Learn More Earn More" with usHead and Shoulders Definition:
A head and shoulders pattern is also a trend reversal formation.
It is formed by a peak (left shoulder), followed by a higher peak (head), and then another lower pea k (right shoulder).
A “Neckline” is drawn by connecting the lowest points of the two troughs. Neckline support does not need to be strictly horizontal.
. This illustrates that the upward trend is coming to an end.
. When a Head and Shoulders formation is seen in an uptrend , it signifies a major reversal .
. The pattern is confirmed once the price breaches the neckline support
In this example, we can easily see the head and shoulders pattern.
How to Trade the Head and Shoulders Pattern:
ENTRY:
we put an entry order below the neckline.
TARGET:
We can also calculate a target by measuring the high point of the head to the neckline.
This distance is approximately how far the price will move after it breaks the neckline.
Head and Shoulders - "Learn More Earn More" with us Head and Shoulders Definition:
A head and shoulders pattern is also a trend reversal formation.
It is formed by a peak (left shoulder), followed by a higher peak (head), and then another lower pea k (right shoulder).
A “Neckline” is drawn by connecting the lowest points of the two troughs. Neckline support does not need to be strictly horizontal.
. This illustrates that the upward trend is coming to an end.
. When a Head and Shoulders formation is seen in an uptrend , it signifies a major reversal .
. The pattern is confirmed once the price breaches the neckline support
In this example, we can easily see the head and shoulders pattern.
How to Trade the Head and Shoulders Pattern:
ENTRY:
we put an entry order below the neckline.
TARGET:
We can also calculate a target by measuring the high point of the head to the neckline.
This distance is approximately how far the price will move after it breaks the neckline.
Gold: Head & Shoulders$XAUUSD (4 hour chart): head and shoulders pattern. I believe gold will drop to the trend line in the near future, which should provide a great buying opportunity. My target box is noted in pink.
I'm not a professional or analyst. Just seeing what I see, and sharing it with you.
$GLD $IAU $SLV $XAUUSD
FCPO TRADING : 134) DEJA VU' feeling? hi, this is haidojo trading and the number is 134...today fcpo-oct gives us a sense of deja vu' feeling...with the consolidation still in the process...
exchange date on 16th of the month...in which the contract will end tmr...so watch out those swing traders...not much movement in fcpo-oct
today...except of a huge gap-up...and sideway...
resistance : 2780-2810
support : 2710
lower support : 2560-2605 the possible neckline for "head-and-shoulder"
WARNING!
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Drreddy - HnSDrreddy formed Head and Shoulders in daily chart and previosly had pennant and flag on small time frame... Three bullish pattern on one chart with retracement of 50%... Wow...Must be a jackpot trade. 4280-4300 zone has weekly resistance so it may take time to breach.... Targets on chart.
EURAUD broken triangle 🦐EURAUD broken triangle and is creating inverse head and shoulder on 4h structure, According to Plancton's strategy, we can set a nice order
–––––
Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
EURGBP lost a big support 🦐EURGBP lost a big support and now the price is retesting it.
The price created a big Head and shoulder and breakout the ascending channel.
According to Plancton's strategy, we can set a nice order
–––––
Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
BTCUSD REVERSE HEAD & SHOULDERS Abtin00Hello guys
Thanks for supportin us , liking us and following us
In here we have reverse head & shoulders ( it seems ) , According to market that can do anything we are put SL
Put SL with your own capital management guys it better than use our SL
Good Luck
Abtin