Invertedheadandshoulders
SCN-W1 | Inverted Head & Shoulders Pullback Trading SetupPrice action and chart pattern trading setup
> Inverted Head&Shoulders breakout and retest
> Entry at the pullback position
> Target at previous high zone 0.786 - 1.0
> Stop zone at the right shoulder area
Indicator:
> Smart money and banker chip strong volume support index 2.0
> Fundflow RSI above 50
> BBD signal above baseline 0
> KDJ stochastic on the uptrend above 70.
Always trade with affordable risk and respect your stoploss
MANA.Usdt (Y22.P1.E1). Going long Hi All,
Have traded this in our group with both spot and leverage, taken some profit here and looking for consolidation which might play out the inverted H&S for the smaller time frame.
How to trade this, if it retests the neckline, enter or see a bull flag on the lower time frames or enter the breakout of the macro TL
#MANA #decentraland
All the best,
S.SAri
GBPUSD Analysis - Inverted Head & Shoulder Welcome back! Here's an analysis of this pair!
**GBPUSD - listen to video analysis.
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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HANA| Inverted Head&Shoulders Reversal PatternPrice action and chart pattern trading setup -
> Inverted Head & Shoulders reversal pattern in TFD
> 1st Entry at breakout and 2nd entry at pullback neckline
> 1st Target at SMA400 zone (Fibonacci retracement 0.382) and 2nd Target - SMA200 (0.618)
> Stoploss at the inverted head position
> Recommended risk ratio at 2:1 for medium term trade
Indicator:
> Smart money and banker chip huge volume support
> Banker fundflow RSI coming out of oversold area
> BBD bullish breakout golden cross above baseline
> KDJ Stochastic in uptrend ribbon
Always trade with affordable risk and respect your stoploss
KCE | Inverted Head & Shoulders | Trend reversal patternPrice action and chart pattern trading setup
> Inverted head & shoulders trend reversal pattern
> Support Neckline 1st entry at breakout and 2nd entry at pullback
> 1st target at SMA50 as key resistance
> 2nd target at SMA200 or volume profile point of control
> Stoploss at near lowest inverted head position
> risk ratio : 2:1 is recommended for medium term trade
Indicators:
> strong smart money and banker chip volume support
> Fundflow rebounded for the first time coming out of oversold area
> BBD positive signal uptrend above baseline
> KDJ Sto positive ribbon uptrend
Always trade with affordable risk and respect your stoploss
BCPG | Inverted Head & Shoulders Pattern breakout trading setup Price action and chart pattern trading setup
> Inverted Head & Shoulders pattern in TF1H breakout
> Pullback trade recommended after retesting H&S neckline
> Target just below SMA200 or previous high
Indicator: TF4H
> Bullish RSI crossing 50 and above MA line
> MACD golden cross signal line
Risk ratio: 1.8:1
Always trade with affordable risk and respect your stoploss
EUR/JPY - Wait for BreakMonthly:
1. Very strong push to the upside after break
2. The price now face stron resistance
Looks Neutral for now
Weekly:
1. Double Top
2. Break of strong support level
3. Neckline test with rejection
Looks bearish for the moment.
If see bearish signals on lower timeframe
i will sell.
Daily:
1. Morning star formation from the bottom
2. Inverted Head and Shoulders pattern
Inverted Head and Shoulders pattern is trend
reversal structure so I will watch carefully what
will happend next week.
4H:
1. Inverted Head and Shoulders
If brake up will be good chance for buy
when pullback for test.
If brake down will be good chance to sell
when pullback for test.
$DRQ - OIL EQUIPMENT PLAYDril-Quip, Inc., together with its subsidiaries, designs, manufactures, sells, and services engineered drilling and production equipment.
Bullish inverted head and shoulders with a breakout through ascending triangle.
There is a shortage of available drilling equipment in the United States.
LANNA | Inverted Head & Shoulders | Entry SetupPrice Action & Chart Pattern Trading
> Inverted Head & Shoulders forming | Entry @ Demand support line zone (right shoulder) crossing up EMA200 and SMA200
Indicators:
> Smart Money and Banker Chip volume support
> BBD crossing up baseline
> Fundflow turning positive in-flow bullish signal
> KDJ bullish changing to uptrend ribbon
Trading with affordable risk ratio 3:1
Always respect your stoploss
Good Luck
BTC, iHSP Target 45kMy strategy always boils down to 2 entries for 1 stop loss which is in my opinion the most important.
Long:
1- Entry 0,618 Fib Retracement
2 - cloud support
STOP LOSS: 0.8% BELOW 0.786 FIB Retracement
Target:
1 - 0,5 Fib Retracement
2- 0,236 Fib Extension (from 0.5 fib Retracement, increase stop to 0.618 fib Retracement and go up with each achievement of resistance)
Short:
1- Entry 0,382 Fib Retracement
2- 0,236 Fib Retracement
STOP LOSS 0.8% ABOVE 0,236 Fib Extension
BTC Inverted H&S (and more)Looking at BTC, I see a couple of bullish signs on the daily timeframe.
1. We've recently broken out of a downwards channel that lasted a few weeks.
2. It looks like we're about to break through the ichimoku cloud on the daily.
3. BTC has formed an inverted Head and Shoulders pattern.
If the inverted H&S is confirmed after a solid breakout, I will be looking at a technical target of about 58k.
HBAR wants a new ATH, but needs to break above daily MAsQuick chart, HBAR has an unconfirmed HSi reversal formation, and it's formed right at support (old resistance).
Get and stay above the daily 50/200 MAs and then 710-740 sats and our first target is higher than our highest daily close and our 1.5x target is higher than our ATH.
Related idea linked below.
Almost Time for HBARIt is very near time for HBAR to exit its Right-angled Ascending Wedge (also called: Right-angled Broadening Wedge). I'm expecting a bullish exit, though the opposite is possible. Everything points to the bull case here, we flipped resistance to support, and we've spent the last year above it, recently making higher lows. Now we have a potential inverted HS on the daily chart here, if confirmed, it would take us right to the top of our RAA wedge.
Our wedge exit target lines up with trend-based fibs, and our HSi target lines up with top of our wedge. We call that confluence.
Even the best charts can still fail, so be wary and be wary of what Bitcoin is doing, but in most circumstances with a chart like this one, we should be able to expect what it's telling us, and it's telling us that it wants to make a significant move up, and very soon.
Related ideas for the HBAR bull case are linked below, two comparisons to other similar bullish moves, and my first post about the RAA Wedge and its targets (weekly view, this is the daily view - but showing weekly trend and 2day trends for our wedge top).
Here's a candlestick view of the same chart, showing the trend-based fibs:
Here's a zoom-in on the potential HSi:
And another: