Hi Guys! As we see on this 1 H chart DAX showing clear signs of weakness! As the news came out of the USA, markets immediately turned around. I saw this move coming, as I spotted tone of bearish divergence since last week already. I am entering a short now. I see this triangle formation to play out in the next 14 days. RSI and MacD giving also nice short...
can it finally break its resistance? or will it fall back into its broadening formation?
Here we can see a bearish bath formation has been done , so now we can short around 1.59850 , and put stoplost 1.60200 and tp : 1.50600 , enjoy trading guys ...
If the pattern confirms, my entry is upon the retest zone and targets are given in the chart
A well-defined Head & Shoulders formation has been created since January of 2017 (this is a two-year-bearish formation). Long story short, the price is expected to be testing the formation's neckline (around the $50.00). An ideal initiation of the short-idea would be a confirmed (bearish-reversal) candlestick on the weekly chart. The candlestick should be...
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Simply put, I see the bearish-reversal Head & Shoulders formation on Twitter. Once confirmed with a strong breach below the $26.00 (the formation's neckline), I see two price targets south of the mentioned neckline: $17.40-$19.50 levels (Fibo extension near an old breakout gap) $6.00 (classical measure of a typical H&S formation) Volumes has been dropping...
We can see a clear head and shoulders forming right now. Wait for price to retest the resistance level and then we can sell. if price breaks resistance wait for one more flag a buy and then we can see USDZAR dropping again.
Since the day opening, EURUSD in M15 TF has been rising until it hit the Friday's High level (dashed upper green line) manually extended from the auto-generated by Graph Reader Pro 4.0 Invited-only-script. On 20181204 19:03 EURUSD M15 finished M-formation around this green line of 1.14000 USD/EUR. The completed M-formation allow a selling opportunity with a price...
Following from the smaller scale charts posted previously, weekly scale shows 2 triangles in action from outside bars. Missed the smaller scale one which perfectly tagged the recent low but i've done some more studying and almost completed the strat course, so my eye is sharpening every day. Larger scale triangle still has lower edge to tag, as previously...
Could be broadening pattern (ascending, expanding, or bottoming ), needs more confirmation, but something to keep an eye.. good luck trading
According to Btc Support, After completing the shoulder, head, shoulder formation, the path to follow, short time! Good Luck!
Got this on the 39 minute chart, the crazy part about this is that the price target measurement lines up perfectly with the established trend line, let's see what she ends up doing.
BTCUSD Bitcoin Another Potential Inverse Head and Shoulders in Formation Bitcoin has held up well overnight and is now making a lazy attempt to grind higher and potentially to complete an inverse H&S with a minimum upside target at 7400 - but the biggest test will come at the neck-line at 6615 on this feed. It has to break above here on rising volume to...
SandP 500 SPX500USD The head and shoulders formation mentioned in earlier posts has duly formed its right shoulder over the last 24 hours or so - it's higher than it should be for a perfect H&S but nevertheless it still looks quite powerful. It carries with it a minimum downside target at 7242 which is close to the fixed support line at 2740. It was a sell...
i took this trade... it's V formation and Test one early i will update the strength number.
your won risk... i take this trade