BTC potential head and shoulder Subject to neckline 9450 holds, bounce to 11200 is possible Break of 9450 can take BTC to 8600/8100
FOREXCOM:XAUUSD TRADE PLAN SHOULD BE TO SELL ON rising CLSOE TO RESISTANCE This chart for learning and educational purpose only.
#IDFCFIRSTB broken daily support level with H&S pattern. Entered in short position @39.20 with a stop loss of 40.50. The initial target is 1:2 @36.60.
Head and Shoulder and Trend line Support also
NSE:NIFTY got stiff resistance around 11860 levels, moving above head of hypothetical pattern will make the pattern invalid and holding above it for sometime will only push stock towards 11935/65/00 levels. If the H&S pattern comes into action, index may fall towards neck line of the pattern and if breaks and hold below neckline may push further down towards...
Forming head & shoulder pattern on the weekly chart. Very good pick for investment. Just wait for the confirmation.
hdfc having Head and Shoulders in daily chart. Support at 200 sma, Resistance at 100 sma.
Asian Paint is Making a Head and Shoulder Pattern and Trading near the Neckline. It's also giving a Negative or Bearish Divergence. Short When it breaks the Neckline with Higher Volume than the Average Volume.
PIDILITE Industries has finally had its head and shoulders pattern broken last week. Its certainly very interesting to look for a good entry and join the 'long' ride :)
Both NASDAQ and NIFTY is forming head and shoulder pattern on weekly chart and there seems to be strong correlation between these two. Both are at top of right shoulder. Two macro economic development 1) ECB lowers growth forecast 2) 20% down in Chinese export due to subdued demand Liquidate positions in equity and invest into debt fund. There will be sharp...
Reliance has formed head and shoulder pattern and now it is at top of right shoulder, this is perfect time to short RELIANCE, there is very less probability to move upward due to this pattern and global sentiments
RELIANCE has formed a perfectly head and shoulder pattern and now it is at top of right shoulder, there is a high probability that it will go down.
Refer chart Pattern: invert H&S wait for above 151 closing
I've observed nicely formed Head & Sholder Reversal pattern. It has given good breakout and retesting the Neckline from above which offers a good opporutunity to go long with the following details Entry 262 SL 255(closing) Target 284 Risk/Reward Ratio above 3.14 Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
Nifty Safe zones - Green Safe zone, Yellow - Awareness zone, Red - Danger zone . 11171.55 is right shoulder area.Trade carefully
THis is not convincing Head and Shoulder pattern. Why? Volume is not convincing at the peak of heads !! Long term trend is down !! You could enter at the given level with Week hold in mind . Take profit 1 can hit as INTRADAY and if you could hold longer TP2 will also hit. Keep in mind, Stock is not trendy as much trending sideways. Disclaimer : not an...