Ardor build up a huge Shoulder-head-shoulder pattern in its graph. But this bearish pattern did not result in a further sell off. Instead Ardor had a bounce on the neckline and then it did fell through a little, when it fell through price reached a new low, but the RSI-indicator did not, it made a higher low, this bullish pattern is known as: Bullish divergence....
Counterparty has started to bounce off a horizontal supportline, that has been visited 4 times now on the daily candles. One could argue that this graph is also showing "the lately so often seen failed shoulder-head-shoulder" pattern that I was reffering to in my Zcash idea (www.tradingview.com), but I am not liking the shape of this one (especially the shape of...
Ok, this is an easy setup. Now why am i shorting right now right here. Because i am also looking at other GBP pairs, and they are all looking very heavy. Especially GbpChf also made a nice SHS pattern and broke lower. I'm looking there for a small bounce to short it too. Blessings to you. Edit: I'm sorry while typing it fell almost 30 pips, i could not post it...
sweet SHS formation....waiting for a neckbreak before enter short
We had a great run with our Iota short idea () but now it is time to switch to longs. A supportline (green) which started mid july has pushed Iota out of the downward channel (green oval).. to add to its merit a same supportline is present within the RSI-indicator. There is a little danger of a shoulder-head-shoulder forming (red curves). But the right...
Amazon peaked in wave 3 at 1,083 and has since build a possible S/H/S top, This top-formation will be activated upon a break below the neckline support at 927 and will call for a decline to at least 770, which is the measured S/H/S top target. However, the Elliott wave count, shows wave 3 peaked at 1,083 and now is correcting lower in wave 4. As wave 2 was a...
Siacoin is one of those coins that came down to earth after a huge bubble. The bubble formed a SHS-formation, the drop after this formation was halted by long term support line. Falling resistance got broken (green elipse) and an upward channel got formed. Look for the upward channel to continue, at least till it crosses the neckline (0.00000240 area, red elipse).
Projection going up to US$ 4,9k soon. BITFINEX:BTCUSD
maybe just maybe ;-) a shs is forming ...break through trendline already done now give me a right shoulder and a neck break to get in... if you seek the risk try your luck in smaller timeframe when a right shoulder is formed ....or you stay patient until we see a neckline break of this small innerTrendline/neckline.. if we break through support the idea is gone...
You can see here a beautiful SHS-Setup. Fundamental data is also along the setup.
See chart above for TA, below are a few comments: LTCUSD pairing could take Path 1, supporting indicators include: - Daily hammer formed 29JUL - Stoch RSI is indicates that the pairing is oversold LTCUSD pairing could take Path 2, supporting indicators include: - MACD is deeply bearish - Bearish divergence on volume since 16JUN upswing -...
could be a forming SHS here ....again a nice rsi divergence while price formes a higher high if we see the SHS completed and price starts to break its neckline we can get ready for a short ....but its a IF if price goes up we need to reavaluate the the situation and of course keep en eye on the Trendline .... reacting to situations is the key ...not predicting
a potential short here with shs right at resistance with rsi divergence in play after break of trendline i will open half position and add another half after support/neckline break stay patient
could be an possible ishs pattern
Looking to get into a long trade after neckline break of this pretty nice inverted SHS.. confluence through rsi divergence and flip zone ( same level as neckline) ... waiting for a break n close to get in this juicy little thing ;-)
Price rebounded again on a support level. Now waiting for possible SHS structure. If price stops in the next resistance level, price could be drop till the neckline and then, if it breaks, till the next psico support level(1,000)
looking to short the eur nok from a neckline break of this possible shs ..also divergence in play.. at the moment we are hovering around at a daily trendline... a violent move higher will invalid the set up