Headshoulders
LTCUSDT head and shouldersThe price is testing the support after a breakout from the rising wedge as I told you during the previous idea. The market printed a head and shoulders as well and now the price is testing its neckline as new resistance.
How to approach it?
IF the price is going to lose the support and retest as new resistance, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
MKRUSDT head and shouldersThe price is testing the 4h support on 880$ after a new bullish impulse where the market retest the daily area resistance at 1120$
Now the price lost the recent daily support n 955$ and the price is creating an head and shoulders pattern where the neckline is the 4h support
How to approach it?
IF the price is going to lose the support and retest as new resistance, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
Head and Shoulders on BTCUSDT BitcoinBased on technical factors there is a long position in :
📊 BTCUSDT Bitcoin
🔵 Long Now 20800.00
🧯 Stop loss 18700.00
🏹 Target 1 25000.00
🏹 Target 2 29000.00
💸Capital : 1%
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EBS - Head and Shoulders Pattern, Weekly1/1 line is a major Trend line
Using the Fib circles the H&S pattern becomes more evident with the LS being rejected at the 1 level
The H being formed at 1.618
and the RS being formed in the aftermath of the H formation
I expect more downsides on this weekly timeframe until the strong support level is reached, which coincides also with the 1/2 Gann level
NZDUSD 1HR INVERTED HEAD AND SHOULDERSHello, I am seeing a possible continuation of the current short term upward movement of the NZDUSD, as you see we have a broken channel and a possible inverted head and shoulders whose neckline has recently been broken. So am currently in a short term uptrend prediction.
Head and Shoulders pattern on BTCUSDT BitcoinBased on technical factors there is a long position in :
📊 BTCUSDT Boitcoin
🔵 Long Now 29500.00
🧯 Stop loss 24700.00
🏹 Target 1 32000.00
🏹 Target 2 34400.00
🏹 Target 3 37000.00
💸Capital : 1%
We hope it is profitable for you ❤️
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Head and Shoulders pattern on EURJPYBased on technical factors (Head and Shoulders) there is a long position in :
📊 EURJPY
🔴 Short Now 133.500 or Retest Neckline
🧯 Stop loss 138.650
🏹 Target 1 130.140
🏹 Target 2 124.600
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝