Inverse Head & Shoulders Still a bit early to say but looking at the Daily chart we need some green candles the coming days ahead.
Inverse Head and Shoulders
Tron triggering the inv h&s breakoutThis ascending solid white line s the neckline to an inverse head and shoulders pattern that tron is finally confirming the breakout from. Target is .1628 . *not financial advice*
Inverted HS early entryApparently the support is holding. I think is going to test the 12 level resistance and it might break it out. But for now 12 is my target. Look how tight is my SL, it triggers only if a daily candle break down the trendline.
Bitcoin Analysis==>> Reversal Patterns==>>(Short term)Bitcoin moved as I expected in the previous post .
Bitcoin is currently moving in the Support zone($60,800-$56,700) and near the Support lines .
In terms of Classic Technical Analysis , Bitcoin seems to have succeeded in forming a Falling Wedge Pattern , and an Inverse head-and-shoulders Pattern is possible .
Also, we can see Regular Divergence(RD+) between Consecutive Valleys.
I expect Bitcoin to rise to at least near $60,000 .
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Calls SLBI'm buying same calls, expiring next Friday. This time I'm not giving it too much time bc I want them cheap. Strike 48. I'm taking higher risk but it Iooks so bullish
Turbo is trying to tell us somethingDear Reader,
Turbo seems like to forming a potentiol inversed shoulder head shoulder pattern. We need to wait for rejection on the neckline to make the right shoulder and then wait for breakout on the neckline.
BTC is unstable at the moment, it rejected from a little support zone around 62.3K but due to the war we can have more problems then we know of. Also BTC looks like it is making an Shoulder head Shoulder pattern in Bearish way, this might be a big problem but we need to watch for that. I will recommend the BTC chart in this one so u can look at it.
This is no financial advice, always DYOR.
What are your thoughts?
Where were you?Inverse HS in the monthly timeframe. Earning on August 6th. I'm holding through earnings. SL if a weekly candle closes below 10.
Inverse Shoulder Head Shoulder NOTNOT gives me a sign of a inversed Shoulder head Shoulder pattern, this will be big if this is going to end like it. NOT can have big upward movement if it can get over the neckline.
Make sure u have a seatbelt on, so u dont miss the flight.
This is no financial advice, Alwayd DYOR.
What are your thoughts on NOT?
Inverse head and shoulders pattern on XRPETHThese pairs dont always adhere to chart patterns as reliable as standard USD pairs do. However if this does trigger the breakout here, the top of the dotted line is the breakout target. *not financial advice*
ACB/MSOS analysis - big upsideACB chart itself looks bullish, but the ACB/MSOS spread shows a cleaner set of waves to predict the movement.
Buy ACB as long as it is more bullish than MSOS. This thinking applies to any stock compared to a related ETF or index.
Gold will go UP by Inverse H&S Pattern==>>Short termGold managed to break the Resistance line and is currently moving inside the Resistance zone($2,398-$2,376) .
Gold also created the Inverse Head and Shoulders Pattern .
I expect Gold to rise to at least the Downtrend line .
Gold Analyze ( XAUUSD ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Trump RFKJ Help Pump Bitcoin In Nashville's Crypto ConferenceBoth U.S. presidential candidates Trump and RFKJ spoke at Nashville's recent crypto conference. Both outlined their strategies going forward should they become the next president. Though different, both had a positive effect on the Bitcoin price as the market pumped beforehand. But now that the conference is at an end, what can we expect from Bitcoin?
You can see from the chart that we are nearing the top of our channel and testing its underside as was expected from the video last week. Now, the question becomes, what's next?
The two most likely scenarios are that a) Bitcoin moves sideways for a week or two in another accumulation phase before breaking up, or b) Bitcoin breaks up sooner than anticipated and starts heading toward our year-end target.
A less likely scenario is that for some unknown reason at this point and time, an event or news item could reveal which would move the price of Bitcoin back down to the bottom of our channel one last time before heading up again.
We live in unbelievable times rn. Anything could happen. But probability lies on the side of Bitcoin continuing its move upward at this moment. End of year target remains $90k+.
3 Bull Patterns on BTC about to trigger a bullish domino effectPriceaction is now for the second time solidly back above the bull flag we had been consolidating inside for the past few months ever since hitting the newest ath. It has also gone up to complete the left shoulder of an inverse head and shoulders pattern that is also overlapping the bull flag. We have yet to take price action above that neckline but by the prices current bullish behavior and how its not being rejected that heavily I would expect that we can at least send a wick above the. Teal neckline of the invh&s pattern wishing the next few daily candles if not the current one. Often times price action will go above the neckline of an invh&S pattern and then back below it multiple times before the real breakout gets triggered however in this situation, if price can maintain support above the top trendline of the green bullflag it will likely breakout of the inv h&s with way less back and forth above and below the neckline. The bullflag breakout will bring the momentum necessary to also trigger the invh&s breakout and as priceaction heads to both measured move price targets it will also surpass the purple line and flip it to support s well which is the rimline of a massive cup and handle pattern. This all culminates into one big bullish domino effect and that confluence helps greatly increase the probability of all of thee patterns confirming their breakouts. Not to mention another big invh&s pattern we confirmed the break out from many months ago had a target of 82k and we still haven’t quite reached that yet and in doing so, we also would trigger all 3 of these patterns so it may actually be the most appropriate 1st domino of this domino effect(will link that chart pattern idea below). However these 3 dominoes are clustered all very nicely together so it should lead to a pretty explosive move upwards. The inv h&S’s target is around 86k the bullflag’s target around 101k and the cup and handle target is 133k respectively. One last thing to mention though is that I am basing the bullflag’s price target of 101 k off of the size of the flag pole we see here on the daily(as well as the weekly) chart. Once you flip the timeframe to the monthly chart, you actually can see the pole of the bullflag on that time frame is much bigger and brings the bullflag target up all the way to 117k. *not financial advice*
Gold is Ready to Dump again!!!Gold started to increase from the Support zone($2,398-$2,376) with the help of the Inverse Head and Shoulders pattern and is moving now near the Resistance zone($2,451-$2,426) and inside the ascending channel .
I expect Gold to take a downward trend again in the coming hours and at least go down to the Targets I specified on the chart.
Gold Analyze ( XAUUSD ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Small inverse H&S in many stocksThis is just for St James's Place, but you'll find inverse head and shoulder patterns in a lot of stocks on the FTSE 100. For me, that means a reversal on the pullback, and this week for example, STJ is confirming the reversal with a break about the neckline and 200 EMA acting as support.
DOGE - DON'T MISS out on ALTSEASON 2.0 !Yesterday we took a look at altcoins that are strong currently - and today I'm adding another, DOGEUSDT.
✅ From a technical indicator perspective, Doge is ready to reclaim a key trendline, as the price is consolidating right under it (bullish). "Extremely Oversold" is usually a good place to buy:
✅ From a Chart Pattern perspective, we observe an inverse Head and Shoulders pattern forming, which is also bullish and confirms a direction reversal. Furthermore, a total of -60% has been retraced and this is prime time for a new upwards wave:
✅ From a trendline analysis, we have successfully reclaimed the neckline after closing daily candles ABOVE the old peak:
I conclude to say that according to the trend and all other signs - the price is short term and long term bullish from here.
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BINANCE:DOGEUSDT
I like this oneI know trading in the monthly timeframe is not fun, but is very reliable. I feel comfortable adding and adding every pullback on patterns of high timeframes. Here we have an inverse HS about to break out. I'll buy and buy until the breakout. Then I'll just let it rip. Strong support at 112, SL triggers if a weekly candles breaks it down and closes below it.
8 year inverse H&S for Nat WestAfter forming an 8 year inverse Head and Shoulder pattern is this the time Nat West breaks out?
Still needs to get ahead of resistance at 325 though.
DYOR and this is not a solicitation to take a trade.
FILATEX - Poised for a 15-30% UpmoveThe stock is in uptrend in Monthly.
It is poised to break out of an inverse head and shoulder pattern.
Entry - 51.15
Target 1 - 59
Target 2 - 64
Target 3 - 69.
Fourth attemptPrice is going for another try to break out the triangle and is doing an inverse HS in the monthly timeframe. If it pulls back I'll buy more. Risk reward is good in this one.
Did you know Carvana is up 15X?! OMG :)Look what we have here.
Incredible price action from this stock..
what should you do if you hold it...
or if you are feeling #FOMO
maybe this idea will help.
Inverse Head and shoulders there for all to see.
H D F C A M CHDFCAMC fut made inverse head & shoulder pattern on an hourly chart with increase in OI suggesting long build up.
Risk:-Reward = 1:3
Could be bought above breakout level of 4219 with mentioned stoploss 7 target.
