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Head_and_shoulder

USDCAD Head and Shoulders 4 Hour ChartThis is a great example of a head and shoulders pattern and i plan to go short for a long term trend on this one! Since i trade 4 hour charts I'm going to be patient. I have seen these patterns go in the other direction before but so far they are the most accurate and predicting trends. When i had the 200 EMA on the chart the tail of the shoulder was touching it showing that it's a key resistance. I set my Limit order just below it and now i just got to be patient :)
Short
by JasonLeighton
1
CHZ is going to do a good Bullish movement soon!CHZ has the odds to create an Inverse Head and shoulder Pattern which means the Price will Pump up Pretty Quick (if the Pattern is to be created of course!) So when the Pattern creation Happens and It's Completely formed, we shall Expect the Price to increase as much as the Length between the Bottom and the top of the Head (Measured Price movement) a huge boost in the Price will happen so be sure to take benefit from it! Don't forget, the Price hasn't been able to break the neckline yet! So yeah It's a little tough to be bullish on Chiliz but We shall not Give up on it :) and also the Price hasn't completed It's right Shoulder So It Gets Even more Risky to Enter Right now!Please wait for the Shoulder Movement to complete!
Long
by CobraVanguard
1
📈✌ETH 30Min Long Position: Risky✌📉BINANCE:ETHUSDT COINBASE:ETHUSD Hi traders, first take a look at my previous analysis and positions. between now and the determined level, you can open long position in one or two steps. 🐱‍🏍 If the price rises and reaches the TP1 level, you can risk-free the position. TP1-2-3-4-5-6 are on the chart. The optimum stop-loss is below the determined levels. Please share ideas and leave a comment, let me know what's your idea. CrazyS✌
Long
by CrazyS
4
AVGO: Head and Shoulders?Broadcom Intraday - We look to Buy at 457.26 (stop at 435.69) A bullish reverse Head and Shoulders is forming. This is positive for sentiment and the uptrend has potential to return. The measured move target is 512.00. Dip buying offers good risk/reward. Our profit targets will be 510.99 and 530.00 Resistance: 512.00 / 574.00 / 670.00 Support: 450.00 / 350.00 / 260.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NASDAQ:AVGOLong
by VantageMarkets
1
USD/CAD near-term top in place?USD/CAD appears to have completed a bearish Head and Shoulders (H&S) top. Negative RSI divergence bolsters the case for a downturn. The broadly anti-USD response to October's #NFP report may have triggered a breakdown through the H&S pattern's neckline. The measured-move downside objective implied by the setup calls for a test of the 1.30 figure. Clearing resistance at 1.3877 and reclaiming a foothold above the 1.40 figure would probably neutralize selling pressure.
Short
by IlyaSpivak
1
AAPL - looking vulnerableAAPL had been the strongest among the FAANG (aka MAMAA) stocks. In the past week we saw AMZN, GOOG, META breaking lower, a sign that the Nasdaq isn't on it's way to sustainable recovery anytime soon. While AAPL appeared more resilient, it's weekly chart had been forming lower highs since the start of this year and is now back to testng a critical neckline and horizontal support zone between 129-132. Should AAPL start to break below this "neckline", then expect more pain / volatlity in Nasdaq for a while. Cautious on AAPL at the moment unless it can trade above it's 50day moving average again for a start (preferably a golden cross too). Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
NASDAQ:AAPL
by Juliac