EURGBP BEARISH (?)Head and Shoulders in 1H TF it's already crossed, such as the BB what means a big chance of bearish and tomorrow we'll have the UK Employment change and the Unemployment rate
Shoulders
BTCUSDT Prints Another IH&S PatternHey everyone I want to make this short and sweet because I want you to see this but I do not have time today to put out the companion video with it, but I will either tonight or tomorrow. I wanted you to see how this pattern is almost the same inverse head and shoulders print as before, however the last time, the pattern failed and fell into a choppy consolidation. My local target for BTC is around 23000. I will talk more about this and show you some juicy charts in the video I am making. Thanks again, and I apologize for having to be short. This has been a crazy week of de-risking all across the board.
Inverse Head and Shoulders As mentioned in the title, a possible INVERSE head in shoulders may be in play. What would need to happen is a price action very close to what I have drawn in red on the right shoulder and a retest of the neckline at around $430 resistance. If we can get these two things, I am confident we will have a breakout and a retest of the $452 resistance and gap fill level (with a brief resistance at $438. I will personally consider longs at $420
VET can be hugeVET already broke 20 days resistance and we can seee outbreak also there is inverted head and shoulders pattern on 15m chart and the reversal candlestick on 1 day chart
BTC 38.5k within 36 hours? Head and shoulders..Which is exactly on top of the descending wedge support. I dont think we will see 40k again after this for a long period of time
BTC retesting neckline of inverse h&s BTC retesting neckline of inverse head and shoulders. This is a crucial point for Bitcoin and with the tight consolidation happening, are you going Long?
btc head and shoulders?it is possible that bitcoin will create a head and shoulder patron, but it is also possible that bitcoin will set up a new all time high, so that retail traders will buy bitcoin so that they can sell their bitcoin for a higher price
GBP/USD BUY idea Reverse H&S forming, waiting for the neckline to be broken and a retest before going long on this position up to potentially $1.40. Waiting for confirmation before making any entry. Let me know what you think all criticism is an opportunity to learn :)
$TMLast week we saw pretty nice spike in $TM with the announcement of the shares buyback. I bet against it even though i had it targeted to reach $206, but with all the uncertainty in the market I thought it wouldn't make it. As it hit the peak of $213 we can see it formed a head and shoulders pattern which brought us back down into the 2nd gap of the original breakout. Now we have a mini inverse head and shoulders that should only push the stock around $210 being as though it is on a smaller time frame and a short downtrend it won't have any real effect. My target for this week is $209-$206 maybe $205 for the lowest. I do see this continuing to go down into next week through into the 1st gap and back to retest the original breakout around $199/$200 area.
NYSE:TM
btc - head and shoulders completion in courseBitcoin is doing what in my opinion is head and shoulders chop pot. It is completing the second shoulder heading to retest already previous tested support.
BTC head & ShouldersBTC head & Shoulders
I think there is a strong possibility of a horrible crash before we moon
BROSBearish Head & Shoulders Pattern set up on BROS Notes on chart what to look for and how to possibly play the pattern .Sometimes these patterns will fail to break down if that happens i would look to get long above that green line as described on the chart
Head and Shoulders Bitcoin ConfirmedClear evidence of Head and Shoulder Pattern formed onto Bitcoin. TARGET : Around 42000-42500. I will be releasing my position at 43000 since I have been in a short position since 50000. Do not take this as financial advise
BTC Recovery on the 15M - Reverse Head and Shoulders.BTC Recovery on the 15M - Reverse Head and Shoulders. Will break to the upside by 01:15 PST.
#BTCDAILY - 6.DEC.21 MACRO LOOK AT BTC#BTCDAILY - 6.DEC.21
MACRO LOOK AT BTC
What a few days!!! We have been dumping now for about 24 days - so if you've made it this far without selling or DCA'ing well then keep it up! Although we will probably have a little further to go. After taking some further time to look at current movement versus previous patterns $40k-$42k is looking more and more like the bottom to me. I think we are going to move into a descending triangle/downward wedge from here.
There is a slim chance of bouncing to $53k from here but SLIM. The support we are on at $46k looks weak.
Currently our Key supports are:
$46k
$40k
$30k
This is not a FUD analysis but a heads up that I think we will drop further to target stronger DCA buys and accumulation.
Things to look out for is key adoption (Amazon, Ebay, Apple), Spot ETF (Grayscale, ARK), national adoption (similar to El Salvador etc.) or even PayPal opening the doors in other markets to turn the tide.
BTC patterns 4hr up or down who knows how this will play out, things seem as indecisive as ever and this this chart doesnt help....
Just a couple of observations....
Trying to learn so feed back is welcome.
i guess in the short term i will be holding until i get some confirmation on what the market wants to do.
HEAD & SHOULDERS PATTERN FOR BITCOIN!!In this chart There is a Head and Shoulders pattern that looks to be invalidated but could still find its way back down.
With volume in Meme coins
like Shiba Inu recently, it makes me think a correction is coming. However this is not to tell you to sell, it is just to tell you where you should
possibly to your holdings/positions if the opportunity arises.
Anticipating a retest of the 56k area possibly all the way down to 52k for a buy.
Either way I'm not going to be selling my current holdings.
Hope this helps with perspective.
USDJPY Head & Shoulders FormationHello Traders,
USDJPY ready to retrace back for creating an opportunity to seek new highs before Bank of Japan's interest rate decision.
4H chart formed a H&S pattern and the target is 112-112.30 area.
I am going to watch the triangle trendline to be broken down and open my position regarding to that.
Trade safe and stay safe!
Likes and comments are highly appreciated!
Don't be fooled, we won't see that big of a correction short trmToo many people see the cup and handle, if you're waiting to enter for a dip, I think you will be frontrun .
Don't try waiting to buy in the 5,400's too many people will open leveraged longs. Really? Do you think you're the only one with that idea? Everyone wants to long there for the f***cking mega-giga-pump cup and handle that is clear as day to all of these noob traders who have read one TA book in their life.
DONT GET FRONTRUN.
