Get started

Inverse Head and Shoulders

STMX/USDT LONG SETUP! Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this STMX/USDT LONG setup. STMX looks good here. STMX is breaking out from the inverse Head&Shoulder pattern. Currently, it is retesting the neckline. Open a Long position here and add more in dips. Entry range:- $0.15-$0.16 Target1:- $0.172 Target2:- $0.186 Target3:- $0.194 Target4:- $0.204 Target5:- $0.210 Target6:- $0.214 SL:- $0.14 Lev:- 2x-4x If you like this idea then do support it with like and follow. Also, share your views in the comment section. Thank You!
SLong
by CoreCrypto1
6
WTI to $71 by November??Oil looks to be breaking out of a 2 month long descending wedge. The 100d Linear Regression Channel had us bounce off the top in August, and the bottom in Sept. We have Stacked Inverse Head & Shoulders - massive upside possible. Today things that oil has accomplished TODAY (9/2/2021): 1) Cleared 9d/100d confluence 2) Cleared the 20w SMA 3) new weekly high 4) Tagged and BROKE the 50d SMA 5) tagged the bottom of the Fisher Bands for 2H2021 6) Broke out of a descending wedge/bull flag
NYMEX:CL1!
by Baero-Trading
1
BLZ: BREAKOUT AND RETEST DONE! READY FOR A PUMP!!Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this BLZ/USDT TRADE setup. BLZ looks promising here. BLZ is breaking out from the inverse Head&Shoulder pattern in the daily time frame. A retest is also done and after the successful retest a beautiful bounce confirm the uptrend. Buy some now and add more in dips. Entry range:- $0.18-$0.20 Target:- 150-160% SL:- $0.17 If you like this idea then do support it with like and follow. Also share your views in the comment section. Thank You!
BLong
by CoreCrypto1
General Pattern Failure Explained on BitcoinWhat is General Pattern Failure? General Pattern Failure occurs when a chart pattern breaks out, fails to hit target, quickly reverses then rejects off that same breakout level back inside the pattern continuing in the opposite direction of the breakout. Pictured above in the original chart is a normal breakout on a Inverse Head And Shoulders Pattern while the lower very right examples show General Pattern Failure on the same pattern. Note how the first example has a Bullish Retest (A) where price actually increases at the breakout while the second example is coming back inside that area and finding resistance back inside of the pattern, (Bearish Retest, (B) this then leads to price falling back inside with strong volume/momentum. General pattern failure can also be considered a Liquidity Grab or can be referred to as a “Fake Out”. ----------------------------------------------------------------------------------------- Other Examples: The below image shows General Pattern Failure occuring in the opposite direction on #Bitcoin at $11000 on a Head & Shoulders Pattern. The below image shows General Pattern Failure occuring on BNB Binance Coin (Great Example, Click the image to see the trade play out) ----------------------------------------------------------------------------------------- Final Thoughts: So by using the above methodology we have a potential clue here for Bitcoins next movement, I am watching the 49-50k area to see if we continue to fall or see a short term push (if we get back above the Inverse Head & Shoulders Pattern, $53000 is the next area of interest). Learning to trade patterns such as these can provide great opportunities if you understand price action and how to identify the key areas of the pattern that other traders and investors may be focusing on too, these areas become important psychological levels on the chart that allow us to map out potential trades.
COINBASE:BTCUSDEducation
by Worth_The_Ri5k
Voxies VOXELUSDT - New coin + Massive Head and Shoulders- VOXEL Rank #406 on coinmarketcap. - Voxie Tactics is a free-to-play, 3D turn-based tactical RPG game designed in a retro style. - The team behind the project has over 15+ years of games development experience and have worked at worldwide studios like EA Games, Warner Brothers Games and Ubisoft. - We have a massive inverse Head and Shoulders pattern on the daily chart, breakout = huge pump. - 10 000% is very possible in the immidiate short term, maybe even more later.
Long
by UnknownUnicorn2537518
20
$GLBS Technical Analysis = Bullish Reversal & Pump Alert!Great News For Retail Investors, Its Officially A Pump Alert! Currently $2.32 With Targets Highlighted! Chart Patterns: Falling Wedge Bullish Reversal! Inverse Head & Shoulders Bullish Uptrend! Earnings Report 4/12/22 Expect Continued Growth, Expansion Of Fleet, No More Public Offerings, Long Term Positive Outlook Of Company! All we need is attention, its up to you the investors to spread the word on this undervalued Stock!
NASDAQ:GLBSLong
by UnknownUnicorn2208604
2
Similar to Dogecoin, CompUSD looks ready to break!Traders, This one looks similar to my DogeCoin post a few days ago (see link to related ideas below): Inverse H&S pattern - looks to be playing out Clear target at area of confluence Similar pattern as many other altcoins ...tackling a major MA So, here's the way I'd play this (also, similar to the recent dogecoin post): #1 - Zoom in to the 4 hr chart. #2 - Now, pending your risk tolerance here's how I would play this: ------ Balls of Steel Risk Tolerance - wait for confirmation above the 50 day MA. Once I see a candle close above the 50 day, that's my sign. I enter. ------ "Meh" Risk Tolerance - wait for confirmation above the neckline at $125. Once I see a candle close above that neckline, I'm golden. ------ "I'm so scared" Risk Tolerance - for you chickens that wouldn't cross a sidewalk crack without looking both ways - wait for both closing candle above $125 and another candle to open and close above $125 on the 4 hr, then enter if you dare. Targets: You first target shall be $152. If you still have your grips on that diamond, then go $170. Best to you all! Beer money appreciated. -Stew
COINBASE:COMPUSDLong
by stewdamus
6
Axie infinity got a triple bull storm brewing. Much like ethereum, Axie Infinity has an Adam and Eve double bottom, a larger standard double bottom, and an inverse head and shoulders all rolled into one. Unlike the ethereum inverse head and shoulders, the one here on axie may not be valid as it does appear that the right shoulder has a slight wick lower than the wick of the head…but if the inv h&s pattern on this one is not valid, we should still reach its target and beyond on the way to both of the double bottom targets… unless of course some major black swan event were to occur and cause a massive sell off. Barring that, probability is favoring the bulls on this one. *not financial advice*
FTX:AXSUSDLong
by DrDovetail
GBPUSD | Live position review | Follow-up detailsIn the last couple of hours, we witnessed a retracement into the neckline of the inverse head and shoulder pattern identified on the 4H time frame and this appears to be a confirmation for bullish momentum if the price does not break below the bullish trend line. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
1