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Shoulderheadshoulder

EUR/GBP: Two scenario; possible tradeIn this analysis, Euro/Pound look bullish based my perspective what I see this market trap. And also, we can to ask if this it's a sell imminent, but not yet, this it's a market trap and also I will share some points here why Euro will go bullish in front of Pound. Fundamental Analysis: 1) Euro and Pound rose against the safe haven Dollar on Monday, supported by a risk on sentiment across markets as investors digested positive eurozone data and looked to cash n on the strength of the U.S. Dollar 2) A survey showed on Monday that investors morale in the euro zone improved in November, and reflecting hopes that recent warmer temperatures and falling energy prices will prevent gas rationing on the continent this winter. 3) Germany should hike taxes on rich to finance relief packages. 4) Euro Zone investors morale up for first time since August 2022 Fundamentally, based this correlation with Euro and Sterling Pound, we see that investors seem to be some optimistic with eurozone data in the past week that ECB President Lagarde spoke. And also, Germany's economic advisory council will recommend the government raise taxes on the wealthy to help finance the multi-billion euro relief packages it has agreed to fight the energy crisis, What I think it's that German government may to raise taxes on rich to finance a multi-billion program to fight the energy crisis that whole Europe has since began of this year. Technically, it's bullish for Euro. Now talking about technical analysis, we could to form a possible Shoulder Head Shoulder or Double Top?. We see in this screenshot two possible scenario that I mentioned above, and EMA 200 make support exactly where the price make reaction. What in case if we get a Shoulder Head Shoulder (to be complete), we would need to valid this reaction point from $0.8738 GBP, if in case that fall and broke up, we can to watching a Double Top after of this validation to be complete. What it's very important to read the price action always. Meanwhile, in Daily timeframe we see this perspective that Euro want to make a supply zone into this range, if we see, still bearish in this bearish channel, but it's not matter to keep watching what happen. Good luck in this long position!!!
Long
by harisonhbn9718
CAD/CHF: Shoulder Head ShoulderCanadian Dollar/Swiss Franc look bearish in this side as we see a clearly Shoulder Head Shoulder (a bearish pattern). Because what we see that the price doesn't make a support, did you know? a weak as it's show us in this moment. This it's not a bullish signal, it's mean a market trap in formation that we would need to be pending in this trade. What I'm bearish in CAD/CHF. We see that the price forming like a little bearish rising wedge. In this screenshot, we see a perfect formation of this bearish chartist pattern!!! Shoulder Head Shoulder Now, we see this point that CAD/CHF it's in the higher point to sell. What we see a key point to remain in this purple arrow that I show you very well. But this signal it's bearish for who watching Now, I'm shorting CAD/CHF from $0.7302 CHF, Stop Loss to $0.7332 CHF (30 pips) and target profit to $0.7230 CHF (71 pips) Now, I'm not bullish and the bullish perspective what I sending the screenshot, it's not valid, what I update the information here, Good luck!!! Remember: For tomorrow we hope the interest rate decision by Bank of Canada, what hope to hike another 75 bps to 4%, previosuly was 3.25%. So, we hope this important event for Canadian currency.
Short
by harisonhbn9718
USD/JPY: bearish flag channel + SHS U.S. Dollar forming a bearish flag channel in H2 timeframe, you can to view in H1 too, but in H2 we see one thing very good in this analysis. Because in the price action, we formed now a bearish engulfing pattern. But into this price action, we see a bearish flag in formation that the price could to drop. And right now, we forming a Shoulder Head Shoulder (SHS) that it's in formation and we have this chance to put a short position in USD/JPY. Also, we could to put a short position in USD/CHF as USD/CHF will drop too. But in my opinion for USD/CHF it's that if we like to short this par, the price need to break out the demand zone, but we could to have this opportunity to short. But in USD/JPY it's very more clearly than USD/CHF that we could to find a short position in the good point now. Shoulder Head Shoulder and my projection to $132.20 JPY. i put a sell order limit to $135.12 JPY and target to the $133.80 JPY (support in the EMA 200) and Stop Loss to $135.68 JPY. This it's a risk/benefit of 1:2. Good luck!!!
Short
by harisonhbn9718
EUR/GBP: Shoulder Head ShoulderEuro/Great Britain Pound forming a Shoulder Head Shoulder and make this break-out. But we should need to hope a pull back like this in the blue arrow sample to take best decision and short Euro. Meanwhile, we see a bearish divergence forming in the RSI where it's speak us the weakness in the trend in this par to shorting. The RSI indicator formed higher low in 3 occasion. This it's the Shoulder Head Shoulder more better in H4 timeframe and we break out this neckline that we see. We hope next trade. Also, in Daily timeframe, we forming a demand and supply zone that I drawed here I hope that this analysis support you!!!
Short
by harisonhbn9718
2
EUR/AUD: shoulder head shoulderThe price made movement to up this early and we see that this could be a good opportunity to short again Euro/Australian Dollar when take my SL in my 2nd trade and at least, in my first trade, I'm in profit with 31 pips for now. B Also as we forming a bearish channel, we could to forming a Shoulder Head Shoulder, a bearish pattern in development what I can see, but inevitable, we could't to hope what will be happen in the early today as Euro made a climb of 0.30% approximately. I will hope that Euro make a bearish cnadlestick of confirmation to entry to short in that price around $1.4606 AUD to see another opportunity here
Short
by harisonhbn9718
3
BTC/USD: Shoulder Head ShoulderBitcoin could to forming this chartist pattern Shoulder Head Shoulder Inverted in H4 timeframe. As we know, this could be a possible bull signal in the Bitcoin price. And also, I share the Daily timeframe and we closed up with a rejection of the continuation of bearish movement. So guys, at the moment, this it's not any long or short position. I considered this idea like neutral for now until I get signal if Bitcoin could to forming a bull pattern. About the situation of what happen in the world about the U.S. tension in the Ukraine, that put Bitcoin in the point key to being sensitive if Bitcoin could to take over the bull run as hard asset and safe haven asset.
COINBASE:BTCUSD
by harisonhbn9718
1
BTC/USD: Shoulder Head Shoulder In this quickly analysis. I found out that Bitcoin forming a possible Shoulder Head Shoulder Inverted in H1 timeframe. It's considered a bullish pattern. But now, price action show some boughts in this zone as we need a extra confimation to know the next hours if Bitcoin going to up or maybe a fake pattern that could to develop. Now, it's interesting to look a market structure. We formed a Lower Low in this drop until this zone, we see a this bullish pattern Shoulder Head Shoulder in H1 timeframe. So, at the moment, we can't to entry in long position. I prefer to hope a candlestick pattern. In the next hours, I will update this analysis to know more!!!
COINBASE:BTCUSD
by harisonhbn9718
1
BTC/USD: Shoulder Head ShouderIn H4 timeframe we see a Shoulder Head Shoulder (Inverted) and also, I look a bullish flag channel in H1 timeframe. But now, I want to just enfocous in H4 timeframe, we look another bullish perspective for Bitcoin price. Meanwhile, in Daily timeframe, we closed up with a bullish hammer candlestick. For the moment, there's not any bear signal that Bitcoin drop to $56,000 USD key support level to long term by bulls. Also, as we look this bullish flag channel, we see a break out and pull back in this zone at $62k level. This it's the break out and pull back in H1 of this bullish flag channel. It's bullish signal in the Bitcoin price. I entry in long position in the market price live with the SL at $60,867 USD and my own target at $69,709 USD Good luck!!!
COINBASE:BTCUSDLong
by harisonhbn9718
1
XRP/BTC: Overview!!!XRP forming a big shoulder head shoulder in weekly timeframe and big news are incoming in the next weeks to months. Don't missing XRP in your big radar. XRP will make a big explosion soon!!! As I'm more enfocous in Cardano. I will take XRP in my eyes in my radar. I don't hold XRP, but one thing that I thinking it's bought XRP or just use part of my Cardano to build XRP portfolio now. For example: Change 2,000 ADA coins to get approximately 5,000 XRP coins. This could be a good plan chang 2,000 ADA. And also, I thinking to build a portolio of another altcoins like ICON, Enjin Coin adn much more others cryptocurrency in my radar. These are my top cryptocurrencies in my radar: 1. XRP 2. Tezos 3. ICON 4. Enjin Coin 5. Polkadot 6. SushiSwap 7. MATIC 8. NEO 9. Synthetix 10. Chainlink These are my top 10 altcoins to watch in my big radar and interesting good fundamental analysis that you must to know. In part that Bitcoin, Ethereum and Cardano are the top 3 best and hot cryptocurrencies. So, I thinking to choose some of these altcoins to accumulate now!!!
Long
by harisonhbn9718
PARALLEL CHANNELThis analysis is NOT intended as a trading recommendation, it is a personal analysis of the price behavior with the purpose of establishing a possible entry... The BTC is showing a short-term parallel channel movement, as well as a long-term shoulder head shoulder pattern. The direction of the BTC will be defined once it breaks the parallel channel line. If BTC breaks below 30,035.56 then 27,677.68 could be considered an entry point. Invest cautiously and have happy transactions!
BITSTAMP:BTCUSD
by JoseGonzalez1421
SHOULDER HEADThis analysis is NOT intended as a trading recommendation, it is a personal analysis of the price behavior with the purpose of establishing a possible entry... SHOULDER HEAD SHOULDER and PARALLEL CHANNEL Apparently, a Shoulder Head Shoulder pattern has been forming, as we can now also see that a parallel channel trendline has also been broken. If the price breaks above 37856.67 it could be considered a long entry opportunity... This analysis is NOT intended as a trading recommendation, it is a personal analysis of the price behavior with the purpose of establishing a possible entry...
BITSTAMP:BTCUSD
by JoseGonzalez1421
PARALLEL CHANNELSHOULDER HEAD SHOULDER / PARALLEL CHANNEL This analysis is NOT intended as a trading recommendation, it is a personal analysis of the price behavior with the purpose of establishing a possible entry... There has been a rupture in the neck of the shoulder head shoulder before, which the previous analysis was successful. We still remain inside a parallel channel, which could mean a pullback now. If the price breaks above 1.21392 it could be considered a long opportunity. ***This analysis is not meant to be a trading recommendation...it is a personal analysis!
by JoseGonzalez1421
Update: Bitcoin form 100% Shoulder Head Shoulder; bearish patterAt the moment of this analysis. Bitcoin down below of $35,000 USD. i was in the good time in the just moment when Bitcoin down and make a volatile movement. But well, I can't to analyze it when Bitcoin form a bearish flag, but at the moment, I do not entry. but I am so near to entry in short position, but if you entry, ok, no problem, but I can to update my perspective how I see Bitcoin during this next days. s3.tradingview.com Remember this analysis, BItcoin it's into this simetric triangle and the trend need to be defined. But guys, I did very well in my past analysis where I commente that Bitcoin form a shoulder head shoulder (bearish pattern), but I did very well my analsyis so precise. Now, if I see that BItcoin show us another entry to short, I will entry in this position until my target at $32,600 USD.
COINBASE:BTCUSDShort
by harisonhbn9718
1
EOS could to turn to bullish movement to $15 USDLooking the Daily timeframe, EOS it's look bullish. But if you see, there's a fast up movement that EOS make rejection below of $5.60 USD approximately. EOS continue in this bullish channel since December 2020 from $2.24 USD. Now, there a lot chances that EOS continue to $15 USD or $12 USD in the resistance line up that form this bullish channel. Also, in H8 timeframe, we see a formation of Shoulder Head Shoulder inverted. That could be a good signal for the next trade!!! s3.tradingview.com
BITFINEX:EOSUSDLong
by harisonhbn9718
3
EOS could to form a Shoulder Head Shoulder (inverted) toward $15There's an interesting trade that we can to keep until $15 USD. For that, EOS have all chances to go back to $15 USD. At the moment, I will going to be patient until EOS make a little down to $5.60 USD approximately. In case that EOS doesn't form this chartis pattern, we are going to look the level of $6.90 USD, this will be a resistance key to watch in the next hours. s3.tradingview.com In 3 Daily timerame, EOS continue in this ascending line that support in 4 occasion the bull trend. For that, trade or invest in EOS, will be a good decision. for my trade this cryptocurrency. So, at the moment, I hope an entry at $5.60 USD and I look a down until $5.60 USD.
BITFINEX:EOSUSDLong
by harisonhbn9718
2
Ethereum form Shoulder Head Shoulder; bullish patternIn the H4 timerame, it's look a good opportunity to buy Ethereum, but I will going to reduce my trading perspective and apply my old strategy that it's based use lines analysis with find up best support and demand so easy. Now, Ethrereum form 100% a shoulder head shoulder inverted, now my next prediction for Ethereum it's this cryptocurrency it's recovery the previously level of $3,000 USD and $4,000 USD. My next prediciton will be the resistance of the mark of $3,300 USD. This will be my target profit. And my SL will be around of $2,300 USD. It's a risk management like 1:3. This it's perfect!!! I pur my buy order limi at $2,600 USD. s3.tradingview.com Now, as reference, in Daily timeframe, we see that Ethereum it's preparing to up again. I believe that this was a correction and we are not going to down to a beark market. Just a correction of the trend as Bitcoin down. For that, this it's a good opportunity to trade Ethereum. I just going to trade Ethereum. Because I will going to apply my trading goal. Remember, if you want to achieve your financial freedom, you will need to calcualte your risk management and find up your goal. My goal for any market it's find up 30% monthly. and that it's the end. I believe that apply this strategy, I can to find up my financial freedom by long term, in except in investment of cryptocurrency, but I believe to soon create a telegram group for my crypto-community to not just to share trading signal, to share cryptocurrrency news like articles, video, blogs, educational content and much more.
COINBASE:ETHUSDLong
by harisonhbn9718
4