EURUSD has successfully broken and retested the ascending triangle pattern it formed last week. Expecting this to be a high quality trade to end the month.
I believe bitcoin is gearing up for another big move to the upside. Bitcoin has printed what looks to be an inverted H&S on the daily timeframe which is a good indication of a reversal.
Riot blockchain was able to post a great Q1 earnings report which is bullish for the stock. It has currently printed what I believe to be an inverted H&S on the daily timeframe.
Looking for NAS100 to complete what I believe to be an intraday inverse H&S. Earnings could lead to a bounce off the current lows.
GBPNZD looks to be ready to break out from 10yr lows. Has finally competed what looks to be an ascending triangle formation as well as an inverted H&S. Long-term swing trade idea. With the combination inflation and the DXY's strength increasing, I expect currencies like NZD to take a major hit.
The DXY has shown significant strength over the last week. I believe USDCAD has printed an Inverted H&S which could be a sign that a move to the upside is in the horizon. CAD news release tomorrow will play a significant part in how this pair moves to end the trading week. I anticipate a big move to the upside.
GBPUSD has retraced to a previous support zone. I believe it has successfully retested this zone and will continue to move lower. The last daily candle printed is a good indication that the bullish momentum has declined.
Potential Inverted H&S on AUDUSD. I am expecting a 50 pip move to the upside. The DXY is showing weakness after the big move it made to the upside on Monday.
Gold has finally made it to my retrace zone and I am expecting a big movement to the upside. The DXY is showing weakness which also validates my prediction.
I believe AUDUSD is ready to make a move to the upside after retesting a major order block after the initial breakout.
I have observed what looks to be an Inverted H&S pattern on US OIL which is an indication of a possible reversal. Anticipating a big move to the upside if we can break the current downward trend.
Riot is about to break out from an inverted H&S pattern that has been printing since 2021. I expect a big move to the upside.
I believe GBPJPY has printed a H&S pattern on the 15 minute chart which can be a signal for short term reversal. I expect it to retest the breakout zone for an easy sell. Low risk set up.
Gold has printed a H&S pattern which it has broken out from. Looking for a continuation on the sell. Would like to see a retest of a major order block located around the 2052 area. This is where I will take my position.
GBPUSD has been channeling towards the upside since October and seems to have broken the trend line that is has been respecting for more than 2 months. I have also observed a H&S pattern at the highs of this channel which is an indicator of a potential reversal. With the dollar recently gaining strength I am expecting GBPUSD to make a big move down. Looking to...
I have observed a double top on CADJPY. Expecting a big move to the downside. It has retested the previous support zone a few times and is due for a big drop.
Looking to short Gold from what I believe is an inverted H&S pattern. This pattern has appeared on the 4H time frame and can be an indicator of a reversal
ETH has been channeling to the upside over the past few weeks. I am expecting a big breakout to the 3k range. ETH has formed an inverted H&S pattern inside of an ascending triangle. Both are very bullish signs for ETH.