MRF Swing View MRF coming days probable movement :
1. Can complete H&S pattern and bounce back.
2. Retest breakout level and bounce back.
3. May breakdown if sustains below 80000(less probable though)
Head_and_shoulder
M & M Finance long trendline & Head & Shoulder breakout M & M Finance has given breakout from long trendline since 30 April 2018 as well as Head & Shoulder Neck line breakout with strong volume. it has support trend line in bottom too. if you go on 4 hourly or daily time frame you can see bottom trendline as well as upper trend line which has broken.
It will start new bullish trend
My 1st target is 220
HDFCLIFE || Inverse Head And Shoulders ||SWINGInverse Head And Shoulders :--
The price falls to a trough and then rises; the price falls below the former trough and then rises again; finally, the price falls again but not as far as the second trough. Once the final trough is made, the price heads upward, toward the resistance found near the top of the previous troughs.
Buy - Above 730
TG1-880
A small target to acheive .in britannia by short selling1.multiple price rejections at higher levels
2.if the market is bearish tomorrow target of 1.5% can be acheived
3. if it breaks the blue horizontal line and trendline both
4. no support till 1.5%
Totally educational, relatively new into the field, Dont trade based on this without your own research
Suggestions are highly appreciated . Thank you!
📚Learn More💰Earn More - Inverted Head and Shoulders in USDJPY📚 LEARN MORE
💰 EARN MORE
With ForecastCity
Inverted Head and Shoulders Definition:
A head and shoulders pattern is also a trend reversal formation.
It is formed by a Valley (left shoulder), followed by a Lower Valley (head), and then another Higher Valley (right shoulder).
A “ Neckline ” is drawn by connecting the highest points of the two Peaks. Neckline resistance does not need to be strictly horizontal.
This illustrates that the downward trend is coming to an end .
When a Head and Shoulders formation is seen in a downtrend, it signifies a major reversal .
The pattern is confirmed once the price breaches the neckline resistance .
In this example, we can easily see the head and shoulders pattern.
How to Trade the Head and Shoulders Pattern :
ENTRY:
we put an entry order above the neckline.
TARGET:
We can also calculate a target by measuring the lowest point of the head to the neckline.
This distance is approximately how far the price will move after it breaks the neckline.
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Petronet Investment Idea !!TRADE SETUP !
CHART PATTERN !
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for entry setup, if available then Long/short.
HCLTECH - Time to book profits ?? #HCLTECH #HnS #TLSupport Watch out for coming days. If doesn't bounce of the Trendline can go up to 950 levels
BAYER CROP SCIENCE ANALYSIS 20.01.2021BUY 5747 TO 5577
TARGET 6586
Reason For Buying This Script :
In this script now only it is forming head and shoulders pattern in weekly time frame.
And it also closed above the neckline it has also completed retest moment.
Now we can go for entry.
Note :
Neckline are mentioned in Red color Line .
Above given levels are based on weekly time frame. It will take some
time to achieve the target.
Head nd sholder pattern in cipla.aggresive traders can take entry at cmp. safe traders wait for breakout of resistance. just keep market trend in mind.
GODREJCP Swing Trade- LongNSE:GODREJCP Scripts has generated Inverse Head and Shoulder and on weekly chart its trading with good volume.
Entry for Swing Holding Trade can be taken at 786 keeping SL 712 . Possible Target of 930-940 can be aimed.
IndusInd Bank Bullish Reversal IndusInd bank is forming a bullish inverted head and shoulder pattern in 15 minutes chart. The neck level is at 940 though the entry as per the pattern too. What are your thoughts..? Is it gonna break the pattern and hit the CLSA revised target of 1150?
Sterlite Technologies - Inverted Head and Shoulders patternSterlite Technologies Weekly chart shows Inverted Head and Shoulders pattern. There is breakout seen. Can buy at cmp with a stop loss of 171. Or can wait for some correction and buy in dips. Can go long with trailing stop loss for the technical target of 286.
Note: I am just a beginner. This chart is for learning and educational purpose only. Kindly invest based on your research and analysis. Do not forget to give a like if you find this chart helpful. Happy investing :)
godrejcp weekly longInverted hns in weekly chart if neckline break upside moves 20%-30%
only for educational purpose
