IHS in 4H GoldBuy Gold, inverted Head and shoulder formation in gold... target 1280 for feb month.
Using Pitchfork Tool, Elliott Waves, Inverted head and Shoulder.
IHS
Perfect IHS for Silver Looking for a possible reversal through an Inverted Head & Shoulders (IHS), please follow and share
EURGBPSeveral possible setups.
1. Butterfly
2. IHS
3. Wedge
4. AB=CD
Wait for confirmation on a daily basis
Like IHS pattern a lot, here is another one XBI has been beaten down severely, but this Inverse Head and Shoulder has a play here.
IHSEverything is inverse, somehow from my view. I am looking for a right inverse shoulder to form in the next couple of days.
"All Aboard" Even If It Seems like Muddy WatersIHS
The IHS target is back at last swing high
BUT Neckline has to break!!!!
Notations on chart!
If you agree with my chart(s) or just want to show appreciation - please... click the thumbs up in top left corner of the chart.
I would really appreciate it! Thanks!
TWUC
@BLawrenceM
Disclaimer: twitter.com (I'm long alrady)
Follow me on Twitter for intraday updates and scalp plays. I do my updates there.
It's a lot quicker and easier for me and you get the benefit of having the update by phone or tablet
I hope to see you there too
Music at work: Muddy Waters... All Aboard
www.youtube.com
open.spotify.com
QIHU Breakout - Possible IHS with some resistance near-byafter a 14% run in the current situation this breakout may mean a lot. It allows the price to travel through some levels without hitting overbought on indicators.
- Both Daily and weekly MACD are bullish as the stock been diving for a long time
- Breakout of red down channels, and nearing on the resistance from previous tops with strength
- Volumes are nice, and do support the possible Invers head and shoulder formation
- IHS is still to be confirmed with the breach of the neckline, but once breached, the price is would
a) still be in the blue channel
b) may breach the red resistance
c) be of strength again due to the breaches, and have high volume.
Ideally i would like to see a short retracement between the resistances, and a sharp breach of them up with 10%+ movement
A good bet now, and a safer bet later. I would have also expected a touch of the blue support from previous bottoms, possible double bottom and then a bounce, but a price action before that forms a IHS and makes room for similar play still.
Two for the price of one - The Harmonic IHSThe Harmonic IHS
Looking several times at my "No doubt chart"...I saw this IHS Harmonic hiding.
I have "no doubt" that it (the charts harmonic) is taking part of creating the Harmonic IHS also.
It will be when break of resistance reach a top and making the backtest to broken support.
Again...I could be very biased..... but right ;) You are getting ...Two for the price of one.
Fear not
@BlawrenceM
Music at work:
www.youtube.com
open.spotify.com
