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Necklinebreak

CARDANO - SHORT TO 0.98320, THEN 0.82740Here is my idea on ADAUSDT. Here is a double top (M pattern) in play. First I expect price to sell to 0.98320. If it then breaks the neckline downward, I expect price to fall to 0.82740. The yellow horizontal lines are the major support and resistance levels price may encounter when moving in the trend. What do you think? Share your opinion in the comment section✍️ Please support this idea with a LIKE👍 if you find it useful🥳 Also, kindly cheer me with coins if you like my work. Follow me to receive more updates on this pair🤙 Happy Trading💰🥳🤗 Trading Involves High Risk⚠️ Not Financial Advice💸 Use Proper Risk Management💹 Thank you for your support!💓 NB: If you have any question for me or you would like to learn forex trading, improve on your technical analysis skills, DM me.
Short
by PetrockFxTrading
3
ETHUSD FORMS NEW TARGET AT $2021Right here is the inverse head and shoulder pattern with a neckline breakout confirming the buy opportunity to go long to $2021🥳 We can also see an horizontal resistance line breakout and pull back at $1710 which also confirms this buy opportunity. What do you think? Share your opinion in the comment section✍️ Please support this idea with a LIKE👍 if you find it useful🥳 Also, kindly cheer me with coins if you like my work. Follow me to receive more updates on this pair🤙 Happy Trading💰🥳🤗 Trading Involves High Risk⚠️ Not Financial Advice💸 Use Proper Risk Management💹 Thank you for your support!💓 NB: If you have any question for me or you would like to learn forex trading, improve on your technical analysis skills, DM me.
COINBASE:ETHUSDLong
by PetrockFxTrading
BTCUSD UPDATE - LONG TO $55,000 OR SHORT TO $49,000Right here is a confirmation of the idea I posted on 5th March, 2021. Scroll down to check the analysis. Price moved as expected, but didn't hit the targeted take profit at $45k before going back up. Price moved downward as analyzed, hit $46,250 and went long. Right here on the chart, we can see the new trend. I expect price to either breakout of the upward trendline and neckline at $52,000 and continue to go long to $55,000 and complete the inverse head and shoulder pattern or go short to $49,000. What do you think? Share your opinion in the comment section✍️ Please support this idea with a LIKE👍 if you find it useful🥳 Also, kindly cheer me with coins if you like my work. Follow me to receive more updates on this pair🤙 Happy Trading💰🥳🤗 Trading Involves High Risk⚠️ Not Financial Advice💸 Use Proper Risk Management💹 Thank you for your support!💓 NB: If you have any question for me or you would like to learn forex trading, improve on your technical analysis skills, DM me.
BITSTAMP:BTCUSDLong
by PetrockFxTrading
7
EUR/USD Long! On the daily timeframe (snapchot attached above) the price action has respected very well the channel path and now it's on the edge of going bullish. We confirm this idea by checking on the 1H timeframe that the price action has now rejected a support more than one time and it's on the way of forming head and shoulder which adds confluence. Enter this trade once the price break the neckline and retest on the channel. Goodluck. This is my bias on the market. Trading is risky, trade safely!
Long
by rodrader
1
Down Trend Confirmation, Next Buying Opportunity $4.65 ZoneBearish trend confirmation indications: 1. Formed Head & Shoulders and breaking the neck line 2. From last 6 weeks consolidating below the neck line, which make a zone of 6.75 - 4.75 which is a "NO TRADE ZONE" for us, we let Bulls & Bears decide. 3. Closing below the high volume price range that is $6.06 4. Next major support is at 4.65 range, which can be a good buying opportunity. 5. After 4.65 next major support is at 3.76, which can be a significant support and Best Buy zone. Please note these are my own notes, by no means trading advise. Please do your own research before entering into any trade.
ASX:ZIPShort
by AsimMirzaTrader
1
STORJUSDT waiting for a pullback 🦐STORJUSDT waiting for a pullback after the price had a breakout downward. If The price flip the neckline as resistance, According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Short
by InkyGrip
6
USDJPY - Trading the Trend Continuation - Neckline BreakHi Traders! The market is in a downtrend. We're going to analyse those timeframes: W1 - D1 - H4 - H1 Let's begin the multiple timeframe analysis with the weekly Timeframe. The market is moving below the 50 EMA, so it has more bearish pressure at this moment. Furthermore, it is also moving in a descending Parallel Channel. So, we're looking to short this market in the long run. Let's have a look at the Daily Timeframe: Here you can see the parallell Channel in a close-up again. In addition, there is a strong descending Trendline there. This is pushing the market down lower and it gives some more bearish pressure. Beside this, we can define the next Target level too: It is the next Support Level. Moving on to the H4-Timeframe: There is something interesting to consider in the past, but it doesn't effect the current situation much. It is the Head and Shoulders Pattern. After the market broke out of the Neckline, it moved in a Consolidation. Finally, it broke out of this Range Box too. Lastly, here is the H1-Timeframe: In this Timeframe you can see a descending Parallel Channel after the Breakout. It is pointing into the target direction. This the Entry Trading Idea: The last few bars, the market moved at the Neckline at 103.147. If the market breaks this Neckline, it makes automatically a lower low and the Trend continues. The SL is above the last high and the TP at next Support. We recommend to trail the SL with the 50MA. Thanks and successful Trading :)!
Short
by swissmoneymakers
FKLI TRADING : 200) possible formation head-and-shoulderthis is trade 200 frm haidojo trading... I have been holding a position since 9th Oct 2020...an advanced pattern and bearish bat pattern... it is neither touching the SL nor the tp...haiz... so still holding until one of them is filled... the latest discovery is possible formation of head-and-shoulder pattern in daily chart...if this happens, it is a huge one... the neckline is at 1477 ...a critical support now... higher-resistance : 1557-1570 ( bearish bat and gartley patterns) resistance : 1531-1540 ( bearish bat pattern) immediate resistance : 1500-1515 support : 1477-1488 (below this is confirmation of Downtrend) lower support : 1446-1413 WARNING! RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING . It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk! **your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ*
MYX:FKLI1!Short
by HAIDOJO_trading
FCPO TRADING : 177) short on rebound...?this is haidojo and the number is 177... as the market price rebound on Friday, we might see the price retest the higher-resistance level at 2900, or slowly glides down frm the current price... IF the market retest the 2900-resistance,THEN possible formation of head-and-shoulder pattern...so wait for break to the downside of the neckline at 2800...(we actually already had it...last Thursday) IF the market glides down slowly frm current price, THEN we can short on rebound...fcpo-dec probably finds some support at the pyschological level at 2700- b4 hitting lower ground at 2600... IF the market shoot up all the way, or slowly glide up...THEN it has to break abv the previous high-3100, to confirm the new uptrend...or at least abv 2980... higher resistance : 2900 immediate resistance : 2800 psychological level : 2700 lower support : 2600 WARNING! RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk! **your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
MYX:FCPO1!Short
by HAIDOJO_trading
3
XMRUSDT is testing a neckline 🦐XMRUSDT is testing a neckline of head and shoulder created on monthly resistance. the price bounce on weekly trendline and on 0.5 fibonacci Level. IF The price will break the neckline we can see a new impulse, otherwise the price could retest the weekly trendline. According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
XLong
by InkyGrip
4
FCPO TRADING: 143) A POSSIBLE DEEP BULLISH GARTLEY PATTERNhi, this is haidojo trading and the number is 143...consolidation breeds advanced patterns...likewise, now we might face a possible deep bullish gartley pattern...it is compatible with the formation of the "neckline" in my previous analyst...don't aim high on this one...even if it works, it will just rise back mildly...not that kind you wanto hold for swing trade...nor mid-term period... for the bullish gartley pattern, buying range frm 2650-2560...Stop-loss below that range...tp 2685...no extended target... higher resistance : 2750 immediate resistance : 2710 lower support : 2560-2605 the possible neckline for "head-and-shoulder" WARNING! RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk! **your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
MYX:FCPO1!Long
by HAIDOJO_trading