Potential Inverted Head and Shoulders on the AUDUSD PairManaged to catch a pretty good bounce on the AUDCHF pair a little while ago and now i will be looking for a similar performance in the AUDUSD pair.
Invertedheadandshoulders
Current state of the market and Mina reportMina chart is forming a descending triangle (bearish pattern), nonetheless don´t means that the price is going down. On the contrary can easly break up. Even more RSI is making lower highs and higher highs while price is making the same lows (bullish divergence), meaning we are getting momentum. We also can argue that this chart is forming a inverted Head & Shoulders pattern (Bullsih pattern) espeacially in the shorter time frame (12h) wich gives us confluence.
We are seeing exhaustin signs of the bears in all markets. I belive we can see a relief rally to the target (marked in the chart) especially because BTC.D is facing a big resistance. Meaning 1)all alts and bitcoin have more fall ahead (alts disbelieve more than bitcoin) or 2)Alts will go up more and in a fastest way than bitcoin. In my personal opinion given the market conditions I think the second one is wich will play out in the near future. So i can start watching some alts to swing trade and day trade being Mina is one of them.
Long Scenario 1W SightNow Bitcoin showing to us it is now on falling wedge pattern in 1 week time frame, nine red candle have been past and today bitcoin breakout the supply zone $30600, if Bitcoin succes to breakout the falling wedge pattern and hit the supply zone at $45500 then my prediction it will retest again to level $36000 and then it will make the new inverted Head and Shoulder, so the price maybe going to $60000 or it will make the new ATH
#DYOR
Celsius (CELH) ain't Red Bull but...it's BULLish!Celsius (CELH) ain't Red Bull but...it's BULLish!
Patten Identified
Inverted Head & Shoulders on the daily timeframe
The daily chart displays the following information-
-9 MA is above 21 and the 50 MA!
-Price is above the 200 MA
-Increasing momentum and volume
*This is not financial advice
Drink your water,
MrALtrades00
OR | Wave Analysis Mapping- Channel Breakout - Pullback TradePrice action and chart pattern trading
> Elliottwave downtrend channel confirmed breakout crossover SMA200 heaven/hell line - RSI TFD already overbought - Pullback trade for medium-term is recommended
> Target @ volume profile POC 1.618 extension zone and 2.618 zone for 2nd target
> Stoploss @ Wave 5 zone Inverted Head or right Shoulders
> RRR: 2:1 downside less than 10%
Always trade with affordable risk and respect your stoploss
Wirex (WXT) is in uptrendHello Friends,
Currently, most of the cryptocurrencies are in a downtrend but WXT is in uptrend. It also looks like Wirex is forming an inverse head and shoulder pattern. We can get some decent profit if WXT continuous uptrend. Don't forget to manage your risk as the crypto market is highly volatile in nature.
Wirex (WXT) is a unique multi-blockchain cryptocurrency that powers the X-tras rewards program. Wirex customers can earn up to 4% back in WXT every time they use their Wirex cards in-store or online, or up to 12% annually on the balance of their WXT accounts with the Savings Bonus feature.
Do share your opinion in the comment section.
NOCIL Trend Reversal with Inverted H&SNOCIL has formed a bullish reversal inverted Head and shoulder on weekly charts. Chart is also showing rsi diversion which is positive for the chart.
U.S Dollar index U.S Dollar index , is very bullish today because it has formulated inverted head and shoulder and the target is 103.700 with a stop loss of %3 of your account.
Dow Jones dji index Dow Jones dji index , expected to be bullish and going long would ideal for today with a target of 33000 and stop loss of %3 of your account.
Bullish Nas Daq index Bullish Nas Daq , the Nas day is expected to rise and become more bullish with a target of 12770 and stop loss is 3% of your account, and it is expected to that it will make an inverted head and shoulders pateren which is bullish.
The INside of a daytrader-just a simple thought, and a reality,
took two separate losses on NVDA, plus i'am holding a contract overnight on a separate account.
BTCUSDT potential Head and ShoulderBTCUSDT potential inverted Head and Shoulder in a expected swing upward on this bullish oversold momentum. Pinbar bottom daily formation.
INDUSINDIndusind made inverse head & shoulder pattern on an hourly charts with good volumes.
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Could be bought with mentioned stoploss & targets.
EURCHF BUY ON TRENDLINE RETESTPrice strongly broke the monthly pivot and retested it.
Strong price rejections on the support suggest a resumption of the bullish trend.
A break above and retest of the trendline will initiate buys with targets beginning at 1.03970 and extending to 1.04700.
EURGBP - Bullish SetupW1 - bottom of the range, bullish divergence
D1 - bullish divergence, bullish convergence, head and shoulders
Looking for buys
DOGE/USD Inverted Head and Shoulders at PCZ of Bullish ButterflyWe are at a PCZ of a Bullish Butterfly printing a Potential Right Shoulder of an Inverted Head and Shoulders Pattern Visible on the Weekly with a bit of Bullish Divergence to top it off.
My Stop loss will be below 10 cents and my TP will be above 30 cents.
Inverse Head and Shoulder about to complete.As you can see, Inverse Head and Shoulder Pattern is about to complete in NSE:GRASIM
Entry above POC and Exit targets are given in the chart.
Hello Trader. If you like the idea, do not forget to support with a like and follow.
Above is purely my opinion. It doesn't mean that you need to trade accordingly. Please note that I'm not Sebi registered advisor or technical analyst . Trade on your own conviction and please consult your advisor before investing .
Inverted Head and Shoulders at Bullish BatWe have a Potential Right Shoulder at the PCZ of a Bullish Bat with Hidden Bullish Divergence that could take the SPX up to the 1.13 Fib Extension if it plays out.
DALBHARATDalmiaBharat is in the making n confirmation of inverted head n shoulder with okayish volumes. It confirms only above 1620.
So, buy above 1620 with mentioned stoploss & targets.
Finishing Move Inverted HnSABC Fib Extension 1:1 at 4255; 1.27 fib extension could give a wick down to 4170 area. Friday's 1k drop in DJI feels like a finishing move.
Left shoulder was 4222, see if we get it Monday.
IF this is an impulsive 3rd wave down, then it's bottomless. Monday likely to enjoy a bounce, ofc can sell more but a bounce is coming.
P/C ratio .72 now; two puts open for every call, typically a pivot point. Buying puts here is unlikely to produce desired results imo.
RSI at these levels produced bounces before and is likely to do so again imo. Trade with care, risk is stupid high.
Longed TQQQ EOD. GLTA!
US100, H4 - Inverted HSH patternSmall consolidation on US100 creates inverted head and shoulders pattern. Breaking above 14300 should trigger move to 14800. If HSH pattern will be negated (breakout below 13900), possible resume of down move towards 13100-13200
GrasimGrasim made an inverted head n shoulder pattern on hourly chart with decent volumes.
Could be bought with mentioned stoploss & targets.
Inverted head and shoulders on LINK/USDTA fairly low risk trade here. Link has been forming an inverted head and shoulders for a while. It is making a larger double bottom imo.
I have entered on the right shoulder of the hs. If I see price break past the right shoulder I will probably jump ship.
First resistance is at the 200 day MA. I hope we blast through that. I will take partial profits at the 0.618 fib highlighted by the red square.
