CBOE - Right ShoulderA right shoulder of an inverted Head and Shoulders pattern is yet to form along the major uptrend on this daily uptrend
This is a very bullish scenario
Inverse Head and Shoulders
The health care sector ($XLV) is looking bullish!Notes:
* It seems like the health care sector is making an inverse head and shoulders pattern.
* A break out from this pattern could mean that health care stocks lead the market and the sector may see new all-time-highs.
* Be on the lookout for trade ideas in this sector as it's showing tonnes of accumulation recently
* You may also look to buy the sector ETF if it makes a daily close above the white trend line with higher than average volume.
KIM - Right Shoulder (INVERSE H&S)Inverted H&S pattern
Right shoulder is currently forming and yet to form its bullish side up to the dotted line
Mana trying to flip the inv h&s neckline to supportIf it can succeed in flipping the neckline of this inverse head and shoulder pattern to solidified support, then the breakout target of the pattern should be around 1.28-1.30. It hasn’t validated its breakout yet though so if bitcoin takes a tumble, it could take mana down with it before it gets a chance to validate this pattern. Will likely see it decide which way it will go in the next 2-4 days. *not financial advice*
Nuvoco is showing multiple breakouts stay tuned!Multiple confirmations of a reversal
Looks like it will shoot up
Stay tuned!!!
A little pre-attempted trade
Inverted head and shoulder
Resistance breakout
trendline breakout
High volumes
HEAD & SHOULDER AND INVERSE HEAD & SHOULDER In this tutorial, we go in-depth explaining the head and shoulder & the inverse head and shoulder patterns.
Comment your thoughts, like and share 🙂
XTIUSD | BuyEntry parameter ;
1. Fibo 61.8
2. Right Shoulder of Inverted HnS (Expected)
3. Demand Area of Rally Base Rally
4. OB H4
Entry Buy = 93.00
SL = 91.15
TP1 = 102.50
TP2 = 108.50
RR1 = 1 : 5.14
RR2 = 1 : 8.38
$Shib Inverse Head and Shoulders Pattern FormingI’ve been seeing the inverse head and shoulders pattern forming since June. If thesis is valid, and BTC doesn’t take the entire crypto market down with it, we might see a recover to the 2 levels.
FTX:SHIBUSD
UKOIL BUYBrent has formed an inverted head and shoulder and from the looks of it, we can expect bullish movement towards the resistance zone highlited.
Synthetix SNX - Bullish head and shoulders! Elliott wave
SNX is ready for an upcoming uptrend!
On the daily / 3D chart we can spot a bullish inverse head and shoulders pattern that is very close to a breakout!
The impulse Elliott wave (5-3-5-3-5) has been successfully completed and because of that I expect an ABC retracement of this bear trend to 0.618 FIB / end of the wave (4).
You can set your profit target here, between 9.19 USDT to 8.02 USDT.
We have a huge descending parallel channel and I think we can definitely break through this channel!
I recommend only a short term trade here, because I think we need more time for this altcoin to gain strength again.
I expect tremendous pumps for selected altcoins, you can find them in the related section down below ↓
For more ideas please hit "Like" and "Follow"!
CANBK Looks good for positional trade.Aim for 5-8%. It can be easily achievable in 1-3 days.
My belief is to choose high winning probability trade with a risk-reward ratio going from 1:1 to 1:2.
The reason for booking profit of only 5-8% is because the market direction is not sure at this point. So better to aim for 1:1 risk-reward and rotate your money in better opportunities.
Take trade if all conditions meet at the end of the day 3:15-3:30 PM.
If you have any questions or suggestions, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
tataconsumertataconsumer made inverted head n shoulder pattern on hourly charts with good volumes.
Could be bought with mentioned stoploss & targets.
Bullish to 255-270ISRG has the setup to see some bullish follow through on this earnings. Initial target 234 by 7/22.
- Will likely gap to 230s post earnings then come back to fill gap around 220
- Objective here is to complete B wave of corrective ABC off its high in November 2021. The possible extensions of B off A are shown in chart, with potential to run to 299 in right environment, but based on dynamics at play I'm expecting b to be realized in the 270s
- c will be in the 150s and likely be seen this fall (will have to update based on how b plays out but near term is bullish)
- after c expect it to begin new cycle, could see new high by early 2023
Great company.
ZM: INVERSE HEAD AND SHOULDERS FORMINGZM (Zoom Video Comm)
An inverse head and shoulders is the inverted version of the head and shoulders , except that it's a bottoming pattern used to predict reversal in downtrends.
ZM is now trying to form its right shoulder.
The pattern will be confirmed once we reach and break the neckline at about 124. So the best place to enter a long trade is to wait for a break out of the red line.
But, since there is a support at 103 and that the market is green, I went long at 106 with a stop at 100.
If the inverse h&s is confirmed the target will be around 193 with a few resistances on the way (blue lines).
Let's see where the market is going.
Trade safe!
SHIB/USDT READY FOR A 70% MOVE TO THE UPSIDE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this SHIB/USDT trade setup.
SHIB is breaking out from the neckline of the inverse head and shoulder pattern. It breaks out after the 2months consolidation. I'm expecting a big move soon. Buy some now and add more in the dip.
Entry range:- $0.0115-$0.0123
Target1:- $0.0138
Target2:- $0.0162
Target3:- $0.0180
Target4:- $0.0196.
SL:- $0.0108
Buy on spot or you can also use low leverage (2x-4x) according to your risk management.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
Potential inverse Head and Shoulders Patternwe see here on the daily chart for Lit/usdt that the price is printing a potential inverse Head and Shoulders pattern.
Target for the pattern is mentioned in the chart
Not of financial Advice DYOR.
Shiba Inu - Head and Shoulders is breaking out! + Elliott Wave
On the daily chart the price is printing an inverse head and shoulders that is currently breaking out!
Also we have a huge descending parallel channel, so be careful, because there is always a possibility that we will be rejected at the top of the channel.
As per my Elliott wave analysis - the ABC retracement should be completed (ZigZag 5-3-5) and now we should go up at least temporarily.
Wave B is always a strong resistance + 0.618 FIB, place your profit target here.
Look at my ideas about interesting altcoins in the related section down below ↓
For more ideas please hit "Like" and "Follow"!
Matic looks ready to trigger its inverse head & shoulder patternTarget is 94 cents if it confirms. Confirmation is likely considering the deal Polygon just made to work with Disney on their metaverse. *not financial advice*
Quant flirting with a inverse h&s breakoutNo confirmation yet and its always imperative to wait for confirmation…should it confirm the breakout, the target is $90. Waiting for not just a candle close above the white neckline, but also a follow up confirmation candle to show us a bullish impulse.
Microsoft: Inverted Head and Shoulders at PCZ of Bullish ABCDWe have some Bullish Divergence on the RSI and a Potential Inverse Head and Shoulders forming at the PCZ of a Bullish ABCD on Microsoft.
Alert! - If CULT breaks this Trendline then 45%+?It's been a while since I've thrown a good signal your way. Here's something I've spotted on one of my favorite alts, CULTDAO, an inverse H&S pattern.
Entry = A break of the neckline with confirmation on the daily.
SL = Below support at 0.00001288 pending risk tolerance
Target #1 = 100 day MA (purple)
Target #2 = 0.00001981
R/R Ratio = should be around 2
*Note: I will let you all know if/when I enter this trade via a trade alert.
Best of luck,
Stew
Predicting Tesla's Future Price - Comparing Historical PatternsToday we compare Tesla's current candle patterns to a prehistoric falling wedge candle pattern found on Bitcoin on July 15th, 2021. I'm a big fan of history repeating itself so I decided to take a deep dive on the similarities between both charts. They indeed look quite similar. I traced both candle patterns in white, and you can see that Bitcoin printed a falling wedge pattern. Tesla still seems to be printing it's wedge pattern which is slightly different. Inside Tesla's candle pattern formation, it has formed a diamond bottom pattern, a inverse head and shoulders, and a triangle wedge. The diamond bottom is a bullish trading pattern indicating a possible reversal of the current downtrend. The triangle wedge does not seem to be complete yet. I am hoping for it to be a falling wedge pattern just like Bitcoin's because that is bullish and we can see the price of Tesla go over $900 dollars, and attempt to get to $1000 by September. That is a 50% increase in value! :D If it becomes a rising wedge than that is bearish, and the price of Tesla can continue falling close to $500 dollar zone. I believe that we will see more bullish momentum in the stock market at least until September. Some stock's have been falling since last July, and most stocks started to fall last November in 2021. I find it hard to believe we will continue falling all year but if we do fall again it will be sometime in October or November in 2022. That being said, happy trading!
AUDNHL - Double Inverted H&S Along this strong horizontal line two distinct inverse H&S formations can be seen
With the right shoulder of the second one yet to form (indicated by yellow arrow)
Price should revert to bull once horizontal is touched
