btc hit the lows after 8 months or so of consolidation and was quickly bought back up "weak to strong hand transfer" is a fitting name for what is happening a close above previous "failed" support would form a nice left shoulder buy setup
UK100 recently make a nice bullish impulse and seems like fail to maintain it. Currently the instrument is looking for Right shoulder. If it successfully form HnS then we are looking for 7550 followed by 7500 to downside.
BABA H&S playing out well so far. I will probably be entering more here. Another catalyst just arrived with Micheal Burry holding over 10% of his portfolio in BABA stocks to hedge the economic situation. Definitely a good long-term hold here. Especially if you add onto it the restructuring BABA is going through which experts have predicted will increase...
H&S setup for Alibaba in key zone Great area to start entering slowly with a lot of great areas to have TPs Easy invalidation at next shoulder, and if more risk averse under head. Cheers.
Support in gray box isnt only valid support. Generally just looking for the next shoulder to form, but this might already be a good entry area. This would be a beautiful HnS and the breakout could take us far. Keep a lookout for where else the shoulder may form, break gray bos and shoulder can still form lower, hard invalidation is if we get new lows below 'head'.
AUDUSD has been hit pretty strong by the news that popped up an hour ago, USD getting more and more strengh as it showed more inflation than expected. Here we have a nice Head & Shoulder in the making, and price is grinding the neck line as I'm writing, I'm already in position, as I've entered a little bit before the news, my trade is at break even now so, it's a...
Hi folks, First and foremost, I know that this is quite an ambitious trade. I think this is the position I will be holding in the next couple of days—a visible upward trend in a diagonal level of support, combined with a possible head & shoulders pattern. I`m new to trading, so please tell me what you think. Thanks. Kind Regards, Mario
Clear Head and Shoulder, waiting for validation of breakdown below support(s).
Holding on to my disbelief that this asset will have a strong support and finally meet the point of interest where we all were not able to get in. I am only reminding myself to start buying arount 70 and 62$ at least. Hoping that I have enough money to get in here and thank you myself for seeing this wonderful opportunity. QNT is something we can see to fly 3...
Hello,Traders! EUR-AUD has formed a Head and Shoulders Pattern so IF we see A bearish breakout then We will go short On the pullback Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
✅GOLD is going down currently And the pair broke the key structure level Which is now a resistance, and is about to make a pullback And the retest, so I think the price will go lower then SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Looks bearish in the making Thanks for reading AS ALWAYS TRADE SAFE AND STAY SAFE!
Hello,Traders! EUR-CAD broke the rising support And formed the right shoulder of What seems to be a H&S pattern So we are quite bearish biased On the pair and IF we see a breakout Of the neckline then The bearish continuation will follow Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
We have a decent looking Slanted Head and Shoulders Pattern developed on the ETHBTC pair that could take us down to the next support at 0.01 BTC while at the same time the USD pair looks to want to see $600
Seeing a very well-defined Head and Shoulders topping pattern on BTC now. The 200 SMA is also rolling over now in combination with a clear head and shoulders, making this a very bearish setup. You'll be hard-pressed to find a H&S pattern this well-defined in recent years for BTC. Totally coincides with the top in the indices I noted recently. Given the y-axis on...
Seeing a pretty good-sized head and shoulders formation in the NASDAQ index that is now pretty well-defined. Much more well-defined than anything we saw during the COVID crash. The daily 200 SMA in pink is also now starting to roll over for the first time in a while. We already got a first fake break below the H&S neckline last month, and I think if we break below...
Here we see that there is an initial structure of trend change where there is a lower low and a higher high, so we can assume that EURGBP will have the potential to change from a downtrend to an uptrend. in this setup, it is enough from the demand zone and the target price in the supply zone, the closest target price if this setup is successful is 0.842 - 0.8435....
Simple Pattern. Head&Shoulder at Dailytf & H4tf. Find entry at KeyLevel.