Very Bullish On montly Chart.In 2024 It can show multibagger returns, but it will be 80% Tukka. I would definitely play the bet.
Head_and_shoulder
🔥 Bitcoin Inverse Head & Shoulders Pattern: Bulls Taking Power In yesterday's analysis I argued that Bitcoin's bull-trend is far from over. The short-term trend is still in favor of the bulls, but only as long as the bottom support held.
As of yesterday, BTC has successfully bounced from the bottom support and is currently underway of forming an inverse head & shoulders pattern. The pattern has not yet been confirmed, so please wait for a move above 42,150$ to confirm the break out.
In case of a break out, I'm looking at the most recent local top as my primary target: 44,500$.
USD/CAD ⬆️ Long Trade setup ⬆️Hello Everyone.
head & shoulders + descending channel
💵 Entry Point : 1.35689
✔️ TP1 1.35986 ✔️ TP2 1.36268
❌ SL 1.35404
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Disclaimer
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Trading is risky we all take loses
your responsibility is to not take more than 1% to 2% loss per trade and double your profits.
🚀 MNT Skyrockets: From Head and Shoulders to Parabolic PUMP 🚀 In the thrilling realm of crypto, Moneta (MNT) has orchestrated a captivating comeback, executing a grand Head and Shoulders reversal pattern beneath its all-time low. Currently, the charts portray a mesmerizing ascent as MNT dances within an ascending channel, resembling the onset of a parabolic rise.
Chart Analysis: Head and Shoulders Resurgence Leads to Parabolic Momentum
Head and Shoulders Triumph:
Moneta orchestrated a substantial Head and Shoulders pattern beneath its all-time low, signaling a powerful reversal in market sentiment.
The completion of this pattern acted as a catalyst for a profound bullish upswing.
Ascending Channel Dynamics:
MNT is currently navigating within the confines of an ascending channel, reflecting a sustained bullish momentum.
Ascending channels often precede parabolic movements, suggesting the potential for a robust upward surge.
Anticipated Scenarios: Ascending to New Heights
Parabolic Growth Anticipation:
The presence of an ascending channel is indicative of an accelerated price movement.
Traders and enthusiasts are eagerly awaiting whether Moneta is poised for a parabolic ascent, possibly reaching new heights.
Strategic Approaches: Riding the Wave of Momentum
Entry Strategies:
Traders might consider strategic entry points based on the ascending channel dynamics.
Given the potential for parabolic movement, early entry with proper risk management could be a key strategy.
Monitoring Critical Levels:
Critical levels within the ascending channel should be closely monitored for potential breakout or breakdown scenarios.
Continuous assessment of MNT's price action is crucial to adapt to changing market conditions.
Conclusion: Moneta's Resurgence into the Stratosphere
Moneta's journey from a Head and Shoulders reversal to an ascending channel paints a compelling narrative of resilience and bullish enthusiasm. As MNT flirts with the prospect of a parabolic surge, traders and investors are on the edge of their seats, eagerly watching whether Moneta will carve its path to new heights.
🚀 Head and Shoulders Revival | 📈 Navigating the Ascending Channel | 🌌 Envisioning Parabolic Heights
❗See related ideas below❗
Share your insights on Moneta's exciting developments, and join the conversation on the potential for a parabolic rise in the near future. 💚🚀💚
Pullback scenarios for longI see two scenario playing out for a long term bullish trade.
Bias: Bullish
Why: Neckline breakout of inverted head & shoulders with a positive earning gap.
Scenario A: Price action is currently showing a bullish flag after the huge earnings gap up. We can see price retrace to test the end of the gap. With a high possibility of bouncing and breaking the bull flag structure to a new high.
Note: 12/8 ended with a green volume day above average breaking the latest downtrend volume structure.
RSI is still show PDD in an overbought scenario, most severe since Aug/Sep 2019'.
MACD is turning to a SELL signal at the top of the indicator.
Given the indication for a dire pull back...
Scenario B: Price action retraces to fill gap, bouncing to retrace back to the I-H&S neckline or 200 EMA before a rocket launch to $170 price target.
Thoughts?
Pure speculation. Trade responsibly.
Head and Shoulder pattern in Polycab on hourly timeframeHead and Shoulder pattern in Polycab on hourly timeframe chart. A breakout is imminent as the overall tone of the market is bullish. A short term swing trade is on.
Targets are: 1. depth of right shoulder, 2. depth of the head.
Stop Loss: close below previous day low (for F&O), low of right shoulder for cash trades.
PS: I am holding a long position.
Doge Innverse H&S Target $0.092 and breakoutI was originally was tracking doge for a H&S pattern based on how bitcoin goes and if would force doge back into the downtrend and they I stumbled into this play because that and right now it's been looking strong and keeping in this uptrend channel.
Currently sitting. at$0.084 with 8 cents (80%+ left to play out)
KEEP BTC CHART OPENS AND WATCH FOR SWINGS AS PATTERNS USUALLY MEAN NOTHING DURING THOSE MOMENTS. CHEERS
JPN225, Short setup, Head and Shoulder🚩 New Signal Notification
📣 Attention Traders! 📈🔍
🔹 JPN225, 8H, head and shoulder Short setup🔹
JPN225 broke out the neck line of head and shoulder yesterday. It is now further going to next support levels as shown in chart, 32505 and 32146.
By Head and Shoulder target measurement, possible reach 32430 too.
Resistance at 33103 the neck line.
Good luck!
near supply zone1) Weekly chart analysis
2) header and shoulder patterns completed in chart
3) decent volume in chart
4) volume meeting chart header shoulder pattern
5) stock at supply zone breakout not done
6) supply zone 2200
7) demanda zone 1900
8) The demand zone is major support for the stock
9) no recomandation for buy and sell
#OIL potential reverse Head and Shoulder formationHello dear traders. Let's take a look at the oil chart for today and identify the potential Reverse Head and Shoulders chart pattern formation.
As the price reacts to the bearish 4-hour timeframe channel , it seems to be forming a Reverse H&S pattern, which could potentially result in a bullish outcome for the price in the coming days.
We observe good synchronicity between the two shoulders around the head, with approximately the same amount of time taken to form the pattern. Additionally, the price has established a well-defined neckline, which, in the case of an upside breakout, can act as support thereafter.
As you may know, the H&S chart pattern is considered complete once there is a valid penetration of the neckline ; until then, the pattern is considered tentative.
If you've found this analysis helpful, please take a moment to like, comment, or share your thoughts with me.
Doge Pay Day if BTC can't break 38LBreak above the long-term trendline is always exciting, but if bitcoin goes down you can be certain this turns into a head and shoulders and back down so will doge for a huge pay day
you can see my other daily chart on bitcoin that relates to this play.
Gold inverse head and shoulder monthly chartInverse head and shoulder pattern playing out on the monthly gold chart. Remember this is a monthly chart and it takes time to play out. Last time it happens gold rallied allot. If the upper support breaks we can expect a target of 2500.
Miners are really undervalued and are leveraged for enormous cash flow and profit if gold price rice.
The difference this time is that the world is buying gold and not dollars to have reserves, rather then US treasuries. That combined with lower or stable inflation and lower or stable energy prices, then gold miners have a perfect lottery for positive balance sheets.
My favorite Gold/Copper stock that is extremely undervalued and where BHP took a massive stake recently because of ongoing drill success is
Brixton Metals Corp, symbol: BBB
trades on Canadian exchange.
Disclaimer, i own stock with shares.
TSM Head & ShouldersTSM price action forming Head and Shoulders pattern on weekly chart, which can take some time to play out. As we can see price just rejected at resistance area and closed last week red. For this pattern to be valid we need to see price continue lower and break the neckline. After breaking the neckline our price target is 68$.
NZDUSD - Bullish Inverted Head and Shoulders 📈Hello Traders !
On The Daily Time Frame, The NZDUSD Price Reached a Strong Support Level (0.58138 - 0.57406)
The Price Formed an Inverted Head and Shoulders Pattern.
Currently,
The Neckline is Broken.
So, I Expect a Bullish Move📈.
i'm waiting for retest...
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TARGET: 0.61030🎯
Header and shoulder pattern 1) head and shoulder pattern in chart
2) three years time taken buy chart to complete pattern
3) we analyse weekly charts
4) for safer side 395 closing must to get stock momentum to reach Target
5) Target 470 first and second 530 level
6) to reach this Target must close 395 level
7) closely watch volume in chart how building helps to build header and shoulder pattern
8) no recommendation for the buy and sell
AVAX 1HR Head and Shoulders? Tracking this Head and Shoulders on the 1HR. If this breaks down we could see 18 real quick.
MATIC/USDT - H&S Neckline Was Broken !MATIC/USDT is showcasing a classic bearish head and shoulders pattern
with a defined neckline that has recently been broken. As Price has had a nice breakdown, it did not have any re-tests of that same broken zone of neckline.
We are seeing a good chance of our target zone still being reached, but we might see a slight bullish movement, maybe to re-test that same neckline zone.
Swallow Team
RNDR/USDT - Possible Head & Shoulder Pattern? We've spotted what appears to be a head and shoulders pattern forming, which is generally considered a bearish signal. The right shoulder is currently in formation, and we're closely watching this neckline. If the price breaks down through this neckline convincingly, it could confirm the pattern, suggesting a potential drop towards the major target zone highlighted in yellow.
It's key for us to observe the price behavior near this neckline. A bounce from here might delay the bearish forecast, but if we're seeing consistent lower highs forming on the right shoulder, then it shows us some downward movement. We're looking for a solid closure below the neckline to consider any bearish positions seriously.
But meanwhile, we shared a few possible setups that can happen on the RNDR coin in the next week or two.
Swallow Team
The Bullish Case for Bitcoin! A Comprehensive Analysis!!!🌟The Bitcoin is in a Bullish phase by ⤵️⤵️
➡️the price broken this channel, the price can grow well.
➡️falling wedge pattern it means that the price would increase and the price has already broken the pattern!
➡️the BTCUSD has finished It's first five waves of Elliot wave principle movement (12345 Impulse wave) . The possibility of starting a impulse 5th waves!!!
➡️also Broadening Wedge it is another bullish sign.
✅Next Targets are 47k and 68k
🍻This is Longterm Analysis!!!
Previous Analysis:
🤑Stay awesome my friends.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
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Retest of 1972 by Head and Shoulders Pattern?Gold has found support by the trend channel in 1933-1945 and rose sharply to 1988 on Wednesday. But today it faced heavy selling pressure at the 1993 key level and corrected to 1980. There is a high chance, that gold will revisit at least 1972 and a potential Head and Shoulders Pattern is already forming.
You can trade the break of the neckline or a pullback towards 1986, if you see bearish signs at the red lines.
Important resistance zone: 1986-1988
Take profit level: 1972 and 1967
Sell @CHFJPY - Head and shoulders patternThis is the forex quote for the Swiss Franc - Japanese Yen cross pair. Both of these currencies are often viewed as safe-haven currencies and funding currencies due to their unique financial properties and low interest rates. CHF/JPY reached its lows during the 2008 financial crisis, when it hit ¥74.65. Since then, the pair has traded higher far beyond this level in light of aggressive monetary Japanese easing.
🚧Bitcoin is Bullish now🚧 & many Traders don't see it 👀!!!BTC had formed an inverse head and shoulders pattern. I said in the analysis a few months ago that the price followed this pattern and will soon reach 43,000 . The expected movement is measured as the price movement (AB=CD). Keep in mind that the next big resistance for BTC will be around 43k.
previous Analysis
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Thank you and for more ideas ❤️like❤️ and 🌟follow🌟!
GJ SELLmarket execution sell on this sunday market open trade . H and S trade, Bearish engulfing on 1 hr and 4 hr for confirmation; positive down trend unless we break out of the high which you could just take the inverse trade for a buy. 25 pip target
-PGP :)
