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Head and Shoulders

XMRUSDT: Forms Inverse Head and Shoulders!🚀💎 Paradisers, #XMR has broken out of the resistive trendline and formed an inverse head and shoulders pattern, increasing the likelihood of a bullish move. 💎 If #XMRUSDT breaks above the resistance zone, it will validate the inverse head and shoulders pattern, potentially leading to a bullish move. 💎 In the case of a pullback, we can expect a bounce from the demand zone, but it would be prudent to look for a Change of Character (CHoCH) in lower timeframes towards a bullish market structure. 💎 However, if the price breaks down below the demand zone, it will invalidate all the bullish signs. In that case, it would be better to wait for more favorable price action to develop.
by MyCryptoParadise_Nathan
ARUSDT: Inverse Head & Shoulders in Play!💎 Paradisers, after taking the liquidity sweep, #ARUSDT has shown an Internal Change of Character (I-CHoCH) and Internal Break of Structure (I-BOS), followed by forming an inverse head and shoulders pattern. 💎 The price has also shown inducement. If it moves from here and closes a candle above the resistance zone, this will increase the probability of a bullish move. 💎 In the case of a pullback, we can expect a bounce from the demand zone. 💎 However, remember that if the price closes a candle below the demand and right shoulders, it will invalidate the entire pattern. In such a scenario, it would be prudent to reassess and wait for more favorable price action. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise_Nathan
ARUSDT: Get ready for a potential bullish surge🚀💎 Paradisers, #AR has taken the liquidity of traders who acted on the M-pattern breakdown, but now that the price has shown a Change of Character (CHoCH) and formed an inverse head and shoulders pattern, we can anticipate a bullish move. 💎 If the price breaks above the resistance level, we can target the next resistance levels. 💎 In the event of a pullback, we can expect a bounce from the small support level. 💎 However, if the price breaks down below the small support, it will invalidate the bullish structure. In that case, it would be better to ignore it and wait for better price action to develop.
by MyCryptoParadise_Nathan
ONDO: Inverse Head and Shoulders Signals Upcoming Breakout🚀💎 Paradisers, after significant consolidation, #ONDOUSDT is showing an inverse head and shoulders pattern, which increases the likelihood of a bullish move. 💎 If #ONDO breaks above the resistance level and closes a candle above it, this will validate the inverse head and shoulders pattern, and we can then expect a bullish move. 💎 In the case of a pullback, we can expect a bounce from the bullish Order Block (OB) + Fair Value Gap (FVG) zone. Remember that if the price goes below the right shoulder, it will invalidate the inverse head and shoulders pattern. 💎 However, if the price doesn't show any bullish signs at the bullish OB and falls below it, closing the candle below, then it will invalidate our idea. In that case, it would be better to wait for more favorable price action to develop.
Long
by MyCryptoParadise_Nathan
bullish breakout of weekly flag and pole pattern in IRFCA Bullish Flag and Pole pattern is visible on the Daily chart of NSE:IRFC The Flag and Pole pattern is a bullish continuation pattern and it is visible in charts after a meaningful appreciation in the price. MACD gave Positive crossover on Daily, Weekly and Monthly chart. So, expecting the momentum to continue. One can create a fresh position in the scrip as per the levels mentioned on the chart. Risk Disclaimer: The trading ideas and analyses presented here are for educational purposes only and do not constitute financial advice. Trading and investing in financial markets involve risk. You should carefully consider your own financial situation, risk tolerance, and investment objectives before making any investment decisions. The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is subject to change without notice, and I cannot guarantee the accuracy, completeness, or timeliness of the information provided. Trading and investing carry the risk of substantial losses, and past performance is not indicative of future results. Always be aware that markets can be unpredictable, and prices may move against your trade or investment. It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions. You should only invest funds that you can afford to lose. I am not responsible for any trades or investments made based on the information presented in this analysis. By reading and using this information, you acknowledge and accept that you are solely responsible for any losses you may incur.
NSE:IRFCLong
by raigvivek
2
GLENMARK PHARMA for 75% (approx..) GainGLENMARK PHARMA is showing inverted Head and Shoulders Pattern Breakout on Monthly chart. Chart Pattern is 70% success rate and if it is show on higher timeframe success rate increase. CMP : 690 TG : 1180 SL : Below 21 EMA Stock's selection based on 5 Point Analysis: 1: Idea : Breakout. 2: Support : Volume, Delivery & VWAP. 3: Technical : 9/21/55/200-EMA, RS>0, MACD, RSI & Super trend up. 4: Fundamental : PE, PAT, Industry & peer PE and sector performance. 5: Timing : Entry Timing on Daily chart. Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk. Please consult your financial adviser before taking any decision.
NSE:GLENMARKLong
by SthitaprajnaYogi
Hindzinc- Do not miss this multiyear consolidation breakout!Hindustan zinc has given big breakout of inverted head and shoulders pattern in monthly time frame. A monthly closing above 330 would confirm the same. This breakout is mainly because of the shooting zinc prices and growing war tensions. 350-370 is the best price to accumulate the stock. The volumes are also at multi year high. If you trust anil agrawal's vision and are a dynamic investor, do not miss this stock in your portfolio for potential multibagger returns.
NSE:HINDZINCLong
by chartistamey