Head & Shoulders pattern on ETH. Target - 1765 Not financial advice.
Develop right shoulder range, breakout neckline look for long extension. Reversal head and shoulder pattern.
Please support this idea with a LIKE👍 if you find it useful🥳 Etherum classic broke out of a triangle and pump again into another triangle.😂 If you take a closer look at the chart, you will notice that price also has an inverse head and shoulder which gives a buy signal. Therefore I expect price to break out this current triangle and pump to the neckline at...
Head and Shoulder Pattern in Maruti
Hi traders, The yellow area is the neck of the formation. You can ignore other lines and areas. The target is shown. Stay safe.
Spotted an inverted H and S, and expecting the impulse upwards
Developing right shoulder after fail breakout continue lower. Back in range but still bit sideway range, but looking forward breakout range and going high.
USDCHF forming a potential H&S pattern for more downside momentum. I'm expecting a pullback to the Daily zone (white box) from there I expect more downside momentum.
Price can potentially form an inverse h&S pattern. -Expecting a pullback to the daily zone (white box) and from there I expect a push to the upside.
we expect distribution expected for tow reasons first strong resistance area second head & shoulders pattern third heavy volume for sellers will push price to retest the support levels to become stronger to crossing the level as shown on the chart
Looking at the daily chart, we can see that ETH remains above the 200EMA unlike BTC which has been under its 200EMa on daily for over 52 days now. There is a clear right shoulder possibly in the making now to complete an inverse head and shoulders pattern with a technical target of around 3K RSI support is shown as a dashed green line and would be important to...
$AOS inverse head & shoulders continuation pattern right underneath ATHs. The green dotted line on the chart is the ATHs from back in 2018. #TAPLOTWL Smith A O Corp (AOS)- MANUFACTURES WATER HEATING EQUIPMENT FOR VARIOUS RESIDENTIAL AND COMMERCIAL MARKETS WORLDWIDE.
the price action has yet to support the inverse pattern as the trend is down. The triangle compression continues. Would need a break and back test of both necklines to provide confirmation for a move up.
Looks like BTC/USD is finally about to breakout from the falling wedge it has been forming since the big dump to 30k. It has also been forming an inverse head and shoulders the past couple of days and is really close to breaking out. This would be a great area to enter a long position on BTC, maybe wait for a retest after the breakout with high volume and then...
ASHOKA looks like a strong long candidate as it is having an inverted head and shoulder on weekly charts. - Strong volumes from last few weeks - RSI looks bullish > 60 One can go long here CMP - 114.9 Dips to be added as well till 90-100 Keep Strict SL 78 WCB and Target 142/170/195++
Retest the supply zone (neckline). Looking breakout higher, major downtrend breakout, possible a pullback before really breakout going high. This is head and shoulder pattern strategy, this is reversal trend signal.