Head and Shoulders
Current price retracement on xrpusd is creating right shoulderWe can see the current price retracement on xrpusd is starting to form the right shoulder of an inverse head and shoulders pattern.This means that once price bounces and gets firmly above 95 cents or so then maintains that level as support it could trigger a breakout from this inverse head and shoulders pattern. At that point the target would be around $1.55-$1.60 and if we can get tot hat level and maintain that level as strong support thats when the real fireworks can start to begin. Could take multiple weeks for this right shoulder to find its bottom and head back towards the neckline, but hopefully sooner rather than later. *not financial advice*
GOLD SHORT BUY NOW
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
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Algorand almost already to full invh&s breakout targetThe golden cross strikes again with an immediate blast off in algorand price as it is already getting very close to hitting the full inverse head and shoulder breakout target here. Zooming in here we ca more clearly see how the golden cross coincided with this blast off: *not financial advice*
Avalanche Inverse Head & Shoulders PatternThe price action is currently retesting the dotted measured move line for potential support. Always possible to do back below the neckline but if the measured move line holds support we might not. Either way I anticipate ths pattern reaching its full target in the near future *not financial advice*
What’s potentially next for PNGUSDPangolin has corrected enough to at least form a small right shoulder o smaller time frames like 4hr chart and smaller. Still a good chance it could continue to consolidate below this neckline long enough to make a valid 1day chart shoulder as well so I figured it was worth drawing. Speculative right shoulder here n the 1 day chart. Should see soon enough how ths pans out.,t could decide to continue pumping right now but there would still be a valid shoulder to complete the h&s pattern on t he smaller time frames. *not financial advice*
Filecoin firmly above invh&s as Goldencross occursPrice needs to flip the ascending white trendline to solidified support to be fully confident that price wont try to dip back below the inverse head and shoulders neckline again, and as of now that white line is still currently resistance, but with the golden cross just occurring and the way most alts have been bullishly responding to their golden crosses the same day as the cross, coupled with the fact that the white line has not had much strength behind any of its price rejections thus far, makes me believe we will see priceaction flip the ascending white trendline to solid support before too long. I will be looking for the dotted measured move line from the invh&s breakout to attempt to maintain support and if not then the next support below that is the inv h&s neckline. After that the final support is the thin bluish green colored 21 moving average. I anticipate one of these three supports will ultimately hold. *not financial advice*
2invh&s acting like Russian nesting dolls on XRPUSD chartNow that xrp has chosen to consolidate here for a few days it gives the chance for the potential blue inv h&s possiblity to form a right shoulder here, so I thought it was worth including, The smaller purple inner inverse head and shoulders patter is definitely legit and should have its breakout confirmed as soon as xrp has it’s next move to the upside. *not financial advice*
Liontrust Asset Management Plc | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Liontrust Asset Management Plc
- Double Formation
* Triangle Uptrend | ABCD | Subdivision 1
* 50% Retracement | Continuation At 7.130
- Triple Formation
* A+ Set Up | Short Bias At 8.580 | Subdivision 2
* Flag Structure | Forecast Template
* Retracement | Neckline At 4.420 Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Sell
Btc/Usd Update 3 (Head and Shoulders Reversal Pattern)Im still expecting Bitcoin to fall after some move up during the past hours.
There is a Reversal Pattern printed on the hour 1 time frame.
This pattern is known as the Head And Shoulders Reversal Pattern.
If this pattern is broken , I will close my BTC/USD sell trade.
If ADA flips the 200ma to solidified support next target = $1.13Subject says it all.. I kept some of the previous channels’ trendlines on the chart just n case we see any sort of correction as potential supports. WIll like previous Cardano chart with pattern whose target just got hit below.. *not financial advice*
Something very peculiar is occurring with XRP dominanceUsually when the candles go upward on the xrp dominance chart, the btc dominance chart is going downward and the liquidity along the xrp dominance chart go up is coming from bitcoin liquidity. This time however something has changed. XRP dominance is rising substantially all while bitcoin dominance is also still rising. This suggests that the liquidity is no longer coming from btcoin but instead from other sources likely institutional investors. We can see the candle on the monthly has broken above the neckline of a large inverse head and shoulders pattern on the logarithmic chart. Will be interesting to see how well this plays out. Chart patterns don’t behave as they usually do when working with these kind of charts so it’s no guarantee what looks like a bullish breakout currently will behave like one. I will definitely be keeping an eye on this as it develops though *not financial advice*
BioNtech SE (Extended Hours) | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# BioNtech SE (Extended Hours)
- Triple Formation
* Inverted Head & Shoulders | Subdivision 1
* 012345 | Failed Attempt | No Trade!
* Triangle Structure | Bearish Continuation | Subdivision 2
- Double Formation
* Retracement | 0.5 | Uptrend Bias
* Second Shoulder | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
FLUX is bullish (1D)It seems we have a large QM pattern on the chart where the left shoulder has been cleared, and liquidity pools at the top of the chart are attracting the price.
By maintaining the green zone, the asset can continue its upward trend.
Closing a daily candle below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Aegis Logistics looks good on chart now 907 Hello Investors,
Aegis Logistics 📊 looks very promising (not a promise) as two chart patterns coincide each other.
Now 907 go long for expected return as flag pole and head & shoulder both sink in together.
short term holding can give good return if market condition and sector performance support the chart pattern. Long term has bigger target's based on quarterly results.
Some news flow and global markets are unstable so keep in mind as sector may get impact due to business parameters.
Pangolin hits precise inverse head & shoulders breakout target Exact precision. You can see Pangolin pumped right up to the full target and then immediately had a significant correction on the very next candle. My guess i it will continue to correct /consolidate until its upcoming golden cross and then should see its next pump upward. Should present a good entry point when that happens *not financial advice*