so now we can see it has formed head and shoulder and broke the trendline,its gonna fall for now. plus it has formed heand and shoulder in weekly chart. tp0.7
So as you can see it has formed head and shoulder,we can invest on shorting position and see if it breaks the strong resistance for now. tips. *If the price reboounded at $50 we should immeidately close the position. *we should enter 3 times so that profit can be alot and risk can be less. for eg,if you want to enter 1 lot you enter the first position right now...
as you can see,USDJPY was forming pennant and the price has broke out of it last friday. but chart has formed inverse head and shoulder which is buysignal. So be ready to buy this shit up when it breaks the pink neckline of the inverse h&s. i would personally recommend you to buy twice with 1/2 of the lot each time you make entry. 1st buy,,break out the...
SO btc has been going down for weeks now and let me tell you this it is still going down and selling climax is yet to come. everyone is talking about 3000$ line which is ofc strong and last friday it has rebounded about $200 and being stopped. Now some of you may thought that it was rebound for trend to be ended but it is not! you can see it has been stopped from...
so USDCAD has gone up and down nowadays but it was going alone within the trendline as you can see. AND NOW it has touched the bottom trendline and has rebounded last friday. Since it has rebounded,it formed the inverse head and shoulder. I wanted to buy it last friday but i was afriad of taking the position through weekends so i am willing to buy it when market open.
As you can see btc has rebounded last night and some of you may thought that it is selling climax ald. let me tell yall. Selling climax isnt yet to come. As yesterdays rebound was stopped at the resistance of two lines.(YELLOW AND GREEN) this shit gonna pull over and go down
yooo wassup so as you can see,NZDUSD has been going down and then it went up but it ended up being right shoulder of head and shoulder Easy shit. just short this shit off/very strong sell signal with this week chart.
SO AUDUSD HAS FORMED A BIG BIG BIG head and shoulder as you can see. lets short this shit down
Whats up bros,as you can see the oil price has been bearish recently and now whole new different trend will appear. Evidence 1,it has rebounded at 50 dollar,which is strong line where every investors check due to the easy number.By easy number i mean some number that is recognizable such as 10,50,100.These number are often checked by investors and become...
As you can see in the chart,i have drew the big head and shoulder as it looks like the red resistance line 0.68807 is quite strong and should be the edge of head and shoulder. why i think its the edge *it has finished the chart with pin bar after touching the red strong resistance. *it has been having certain amount of divergence from moving average so it should...
So as you can see in the chart,it looks like forming inverse H&S (yellow drawing) or making a little dip for downtrend. It is considered as bullish (in short time) when it has formed as my yellow drawing.this theory is backed up by H&S theory It is considered as bearish when it has break the trendline which is supporting this downtrend in short time.this...
So GBPUSD formed head and shoulder 2 times,one is the big one and one is on the edge of big head and shoulder(right shoulder) As you can see it has formed in the chart, it is gonna fall on high chance
As you can see in the chart,there were very clean looking INVERSE HEAD AND SHOULDER which is bull sign but it looks like it is going to neglect the sign when the market opens. If it neglects and break the edge of the inverse H&S it will turn to bear sign which is selling point.
hi so nowadays dow has been going up and down but since the dip happened today,It has neglected the big reversal H&S which often means to be strong sell signal. and as you can see the purple color drawing,it has formed H&S. dow should go down for now at the same time as USDJPY.
so ripple has formed typical reversal H&S today as you can see i drew it on the chart. however,there's one thing bothering from the "moon" of ripple which is the dip of bitcoin. Mostly altcoin and bitcoin movement reveals some correlation so is ripple's price action. so we should look at the movement of bitcoin at the same time inorder to make sure the ripple...
since the trendline which has been there thru this whole year has been broke out,It now turns out to be sign of trend conversion. there are 3 more evidence behind this theory. 1,It has neglected theH&S forming on 1 hour chart.Since it has broke the sell signal,It tend to turn to be buy signal. 2,It has made a "dip" which touched the big trendline and...
So gold had drew a chart pattern called head and shoulder which is strong sell signal,often appears as "top" Althought the H&S was bullish kind of chart,it still is H&S and now it is making "dip" it has strong evidence behind the "dip" 1,it has touch the Fibonacci line. 2,It has touch the MA 200,which is strong and effective.often used as trend following...