Inverse Head and Shoulders

XRP dominance is currently retesting the neckline of inv h&s.Currently one candle close above the neckline and the current candle is so far retesting that neckline as support. If this validates we should see xrp gain a considerable amount of market dominance back that it had lost over the last few years. May take a few candles to confirm..could also easily dip back below the neckline for a bit as well as is common on most inv h&s patterns after the first initial breach above the neckline. Also possible it could trigger in the next few candles *not financi

OH MY $SPY !! Here is my full analysis - Lots to Review!$SPY has me on the edge of my chair here on the weekly and boy is there lots to review.. Let's start with where we left off last time.. The INVERSE HEAD & SHOULDER is still in play, I know, I sound like a broken record, but it's true, not broken, and we closed the daily on the $390 support level to back up this theory. (Green Outline) represents a BROADENING DESCENDING WEDGE (Bullish) which has been respected since the beginning of the year in January. A bounce off $390 will send it upwards t

ABNB - Inverse Head & Shoulders ABNB has completed the formation of an invert H&S bottom and looks to be on the verge of breaking up. Will it happen? When it does breakup, it is normal for the stock to retrace after a few days to retest near the neckline (which ideally should then become the new support). If and when this happens, it will present a 2nd opportunity to stake. Theoretical Target will be the distance between the lowest point (head) of the pattern to the neckline, and then projecting this same distance up from

USDT.D inverted head and shoulders #USDT.D The dominance of USDT is inside a descending channel, and below the upper line of this channel. also as you can see it shaped an inverted head and shoulders. 🐮 the neckline of H&S pattern is the same with upper line of channel, so breaking out from this resistance can increase dominance toward resistance zone around 8.5%, that will cause more fall in crypto market. 🐻 rejection from upper line of channel can reverse the short-term trend and possible to drop to lower line, and as you k

$TSLA strong - Will it clear 305, 309?Look at the daily candle for 13Sep and you would have no idea that U.S. markets tanked on the same day. This is relative strength, and it shows in today's price action as well (see smaller timeframes). There is a recent inverse H&S pattern, shown by the peach zigzag arrow. In order to move higher, buyers must move price over 304-305 (volume shelf) and then clear 309. That leaves a volume gap which should quickly see price reach 320. RSI and stochastic, as shown in yellow circles, indicate st

by OptionsRising

$SOND extremely bullish setup. PT's are labelled based on chart patterns. - MMU (measured move up/ ABC) - Bull flag breakout imminent and the PT breaks the neckline of the inverse head and shoulders. - A break of the neckline of the inverse H&S gives us the PT based on Thomas Bulkowski's statistical work. It is also important to note that the MACD crossed to the upside on the daily and the RSI is still not oversold. No bearish divergences in the momentum indicators. THIS IS EXTREMELY BULLISH.

Shiba Inu - Fake breakout! 60% crash soon | Elliott Wave We are in the middle of the crypto bear market. Altcoins like SHIB, ADA, XRP, SOL, DOT, and LINK are going to crash hard. You really don't want to buy these coins at this moment. I think Shiba doesn't deserve to be ranked at #13 on Coinmarketcap with this terrible price action. Yes, we had a massive pump that lasted only 30 days in 2021, but now we've been bleeding for 320 days. On the daily chart, we have a descending parallel channel on the LOG scale with a fake breakout. It was a trap,

by UnknownUnicorn2537518

NEAR inverted head and shoulders #NEAR/USDT $NEAR shaped an inverted head and shoulders pattern. 🐮 if price hold the previous low at $4.088, the right shoulder is completed and price can head up to break out the neck line and rise as high as head. 🐻🐮 I think price can have another leg down to make the low of right shoulder around $3.9 which is around parallel trend line of neckline, then increase to complete the H&S pattern.

Quant testing the top trendline of the 1day symmetrical triangle We can see that priceaction is currently attempting to both test the top trendline of the symmetrical triangle (in chartreuse) as well as trying to climb back above the 1 day 50ma(in orange). If price action can flip the 1 day 50ma back to solidified support then it can validate the bullish breakout from this symmetrical triangle. The breakout target from that symmetrical triangle will take price action far above this white line which is actually the neckline of an even bigger inverse head and

GBPUSD Long OANDA:GBPUSD GBPUSD failed to create a new lower low, forming a reverse head and shoulder pattern. Should price break above previous lower high, it will give us a bullish setup.

by The_Pip_Trader

Ethbtc currently above inv h&s neckline.No confirmation yet but it’s looking quite bullish *not financial advice*

AMD Ppotential inverse head and shoulder Potential inverse head and shoulder MA 50D Support at bottom

$SPY $SPX 5 Reasons to be Bullish vs 5 Reasons to be Bearish BULL 1. SPY had an incredible bounce yesterday printing a bullish hammer at the $390 level which is a huge area of support. Inverse Head & Shoulder is still in play. 2. The RSI has created a bullish divergence (might be temporary - see bearish view). 3. MACD has started curling up after the big corrective decline. 4. Stoch RSI is and has been negative (oversold) for days. 5. The chance of 75bps (interest rate hike) announced at the next meeting is already mostly priced in as the FED gave a

Litecoin LTC - A new bull market started! | Elliott Wave Great news for all Litecoin hodlers and traders! As per my technical analysis, this downtrend established in 2018 has finally finished! This is the LTCBTC pair on the weekly timeframe. It means that it would be better to hold LTC instead of BTC. But there is no guarantee of the USDT value of your holdings. Regarding my Elliott Wave analysis, a major impulse wave has been completed, and now I expect at least a retracement to the upside. Also, we can spot very nice local inverse head and shou

by UnknownUnicorn2537518

IVZ - Right Shoulder Inverted H&S pattern The right shoulder arm is yet to form, this is when we can expect bullish results on this Weekly timeframe It may even escape this huge horizontal range shown with the horizontal line Very bullish pattern

SPY inverse h&s within greater pattern Specifically looking at yellow here, although purple, larger pattern in the making may play out as well with a large rally into the end of the year. With media barking about how September is such a poor month for stocks + a lot now baked in post-Jackson hole meeting, I could see a large rally begin soon into SPY 420ish (5.82% move roughly). Potential of a higher move if it were to bust out of supply levels. Looking for an easing up of selling pressure at these levels in the short term. Note t

by Cheesy-Bean_and_Rice-Burrito

Inverse Head & Shoulders : H4 - D Potential head and shoulders on the FRA40. A lot of news and inflation flying around, this might also just drop? I'm looking for the price to go back to the 6664 mark, might be a potential double top pattern.

by Elektro-Analysis

Reversal Pattern for British Pound Clear Inverse head and shoulders for GBPUSD. If british pound reverses then it can hit 1.7.

Inverse Head and Shoulders on BTC, Bitcoin might go up despite Very simple, and early, but in no way guaranteed. Implied Move to about 24K on this, should it play out. 8-hour Time frame. Just throwing this out there, and playing it with very modest stakes (unlevered) small long. I know I have a previous elliot wave study pointing further down, but markets don't move in straight lines, and both ideas are valid until they aren't. I may be premature in drawing the head as I still see a lower move later today. I'm thinking 19600-500 is on deck in the short term

HANA | Elliott Wave Projection | Inverse Head&Shoulders Price action and chart pattern trading setup > Elliott wave projection downtrend breakout with inverse head & shoulders pattern > A possible wave B rebound targeting 0.382 - 0.5 retracement of A > Entry @ H&S breakout SMA25W > Target @ 0.382 retracement of Wave A / SMA50W zone +25% > Stoploss @ right shoulder / SMA400W -12% > Risk reward ratio: 2:1 Indicator: > RSI Week bullish divergence, breakout MA line > MACD Week golden cross below baseline Always trade with affordable risk and respect

WATCH $5LY Bullish - IHS - Broke downward trend line - Funds accumulating - Healthy fundamentals - Broke neckline Entry idea - For members Stop loss depending on entry and risk appetite. But always set meaningful stops. "All great achievements required time.” Cheers and happy trading!

$NVDA Nvidia missed earnings! Next level of support has a gap.$NVDA has a very interesting chart. Today NVIDIA announces earnings, missed. The price plunged a bit after hours but not as bad imo. I see a solid accumulation/support near the $157-$161 level. NVDA previously broke out of a falling wedge on July 15th, however, it didn't back test the break-out zone afterwards, holding the support level this week would set up a textbook INVERSE Head & Shoulder pattern with a first target/resistance near the $190 level. Closing above the $190 neckline would op

Vet_Usdt Inverse head and shoulders trade..Risk reward ratio 1:3

ADA bearish flag in short-term #ADA/USDT $ADA shaped ascending channel and price is between the middle line and lower line. 🐻 this channel can act as a bearish flag pattern and possible drop price toward long-term support zone around $0.41 which is the same with the broken line of the falling wedge. 🐻🐮 if price holds the support zone then possible to head up again to shape an inverted head and shoulders.