Reversal, over 140%BINANCE:SNXUSDT SNX has created a reversal pattern (Shoulder Head Shoulder)
It's trading around 2.31 now
Wait a confirmation price closed above neckline or more safety above 3.35
Patience and join when on time
Head_and_shoulder
Possible revers on USD$Hi, i think there is possible revers on USD.
it's may be fake breakout of the Channel as what happened in the past when the fake breakout appeared on the down of the channel ( the red circles )
the target is the down of the channel, however it can break the channel to complete the wolf pattern
Fails if it move above 120-121$ .
EURNZDEURNZD is trading in bullish parallel channel, and created Head and Shoulder pattern at strong resistance area. At the resistance level, there is a nice confluence zone to short the market.
Alibaba Group Holding buying opportunityAlibaba is potentially in the process of making a head and shoulder patten.
Break of neckline should be with heavy volume to be successful.
FIL Bullish Opportunity !?On the day chart has a potental head and shoulder pattern
And we need to find a good time to set up our position
On 4 hour chart there is a apotential double bottom
If it break out (4.742) and stand firm
SL at 4.172
We can get more 5% profit than waiting for H&S pattern complete
and we can set TP 1(5.00)
Back to day chart
If 1(5.00) be breakout and TP as below
TP1:5.626
TP2:5.879
TP3:6.421
TP4:7.300
BankNifty 46250 Inverted Head & Shoulder above 45930BankNifty 46250
Inverted Head & Shoulder above 45930 active
Fibb Retracement from 38%
EMA 200 above
Banknifty Buy head and shoulderBanknifty Buy head and shoulder, this is for intraday only, short time target very close
Xiaomi Corporation 1810 buy opportunityDue to repeating head and shoulder pattern and finishing correction, I expect it to go up.
Buy at market with stop loss 10 dollars and target for exiting as resistance level.
Gold to 2050.Gold is still consolidating in big time frame, now we are getting huge confirmation to go up which is H&S ( reversal pattern ). 1940 is the area to check, 1985 is the neck of the H&S. If Gold able to break H&S we will see 2050 which means 4th time to checking that area in 1D time frame since August 2020.
Banknifty 45600 15min Creating Head and Shoulder Below 4595015min
Creating Head and Shoulder Below 45950 activation
Target Banknifty 45600
RSI
ADX
200 EMA 100 EMA 50 EMA
Finnifty 20350 15min Creating Head and Shoulder Below 20500
15min
Creating Head and Shoulder Below 20500 activation
Target Finnifty 20350
RSI
ADX
200 EMA 100 EMA 50 EMA
🚀📈Gold Alert! Bullish Breakout from Head and Shoulders PatternGet ready for a potentially lucrative opportunity in Gold! The shiny metal has formed a compelling bullish setup with the emergence of a head and shoulders pattern. After our successful venture with GBPJPY, we now have another exciting prospect to capitalize on.
The head and shoulders pattern has proven its reliability time and time again, and now it's making an appearance in the Gold market. This classic chart pattern indicates a significant shift in market sentiment and often leads to a powerful bullish breakout.
With this setup, we have the perfect opportunity to take advantage of the bears getting trapped in their own game. By strategically placing a buy position, we can ride the upward momentum as Gold aims for new heights.
Our initial take profit target is set at 1957, a key level where we expect a significant resistance to be tested. Beyond that, our ultimate target is 1975, as we anticipate a continued surge in price. 🎯🚀
Feel free to share your toughts in the comments section, follow me for updates and don't forget to press the like button if you think this insight was helpful !🚀
Header and shoulder pattern Small but big things to happen when head and shoulders pattern in weakly chart go through day and monthly candle give great opportunity
No recommendation for buy or sell
NZDJPY - Bearish Head and Shoulders📉Hello Traders!
On The Daily Time Frame, The NZDJPY Price Formed a Head and Shoulders Pattern📉
i'm waiting for a neckline break!
Then, we will see a huge bearish move📉
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TARGET: 84.050🎯
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🔥 Bitcoin vs Money Supply: Massive Move On The Horizon?M1 Money Supply (M1SL): "M1 is the money supply that is composed of currency, demand deposits, other liquid deposits—which includes savings deposits. M1 includes the most liquid portions of the money supply because it contains currency and assets that either are or can be quickly converted to cash." - Investopedia
The M1SL amount is important since it tracks the amount of money in an economy that is able to be deployed quickly into the economy. If people have more to spend, they will generally spend more as a result of this.
When we take a look at the $ value of BTC divided by M1SL, the chart has been trading relatively flat since December of 2017. This means that Bitcoin has not gained substantially against the central banks' money printers.
On the other hand, it appears that BTC/M1 has been forming an inverse Head & Shoulders pattern over the last 5.5 years. Assuming this pattern will play out, BTC will continue to gain against M1 and break out of this 5.5 year consolidation pattern. Assuming that M1 will continue to increase (like it always does), this would mean that BTC will see another 2016-2017 scenario in the future where it will see exponential returns and potentially even do a 100x over the next few years.
This scenario is not the most likely scenario to play out, but it's definitely an interesting one. Hope to hear your thoughts in the comments 🙏
GOLD will buy morepreviously gold on a massive uptrend and it was manipulating on a consolidating area between 1961 and 1954..By the way according to the daily prospective gold made a huge impulse without and correction and now it is time to correction.We knwo that the any market do not continue it own trend without a correction so we may see a correction then it will continue its trend .
🔥 SOL Weekly Inverse Head & Shoulders Break Out: Path To $200SOL has seen some incredible gains recently, gaining 100% in 4 green weeks. My most recent SOL signal was a great success, congratulations if you took the trade.
In this analysis we're going to zoom out and take a long-term look. As seen on the chart, SOL has broken out of a bullish inverse head & shoulders pattern.
In my eyes, this could very well be the start of a new bullish phase where SOL will shine.
I'm looking at a long-term target of 200$, stop just below 20$. This gives us an amazing long-term trade with great risk to reward. Consider taking some money off the table around 100$ or so.
Bye Bye U.S. Dollar. I would cry, but we have BTC now!Traders,
Drop it like it's hot! The U.S. dollar ain't waistin' no more time up here. Pending confirmation on the daily, the Head and Shoulders pattern will be in play. As long as the VIX stays low, stocks should follow the blow-off top price action that I have been preaching about for over a year now. If you'd like to know when the dollar reaches it's target down and stocks reach their peak stay tuned here over the next several months and we'll attempt to chart this all out together!
Best,
Stew
Inverse H&S for XAUUSD - Will it break?Price is currently running into some horizontal resistance + also at the neckline of an inverse Head and Shoulders pattern. If price can break through, there is room to run up to the next target / resistance level.
DM me if you'd like to trade with one of the top CFD brokers in the world - GO Markets.
🐻📉 GBPJPY Alert! Head and Shoulders Pattern(ultra bearish)📉🐻🚨 Brace yourselves for a trend reversal! The GBPJPY forex pair is showing a compelling bearish setup with the formation of a head and shoulders pattern. This classic yet highly reliable pattern has a proven track record of success.
Technically, the head and shoulders pattern materializes as the price forms a lower high and breaks through the initial support level, transforming it into a formidable resistance. This signifies a shift in the market sentiment and sets the stage for a potential downtrend.
Excitingly, we are now witnessing a crucial development in this setup. The neckline of the pattern has been broken, followed by a successful retest. This presents us with an excellent opportunity to join the ongoing bearish momentum and capitalize on the potential downward move.
Our target for this bearish trade will be around 180, aligning with the expected continuation of the downtrend.
Stay ahead of the game and make the most of this bearish breakout on GBPJPY! 📉💪
Feel free to share your toughts in the comments section, follow me for updates and don't forget to press the like button if you think this insight was helpful 🚀
NZDCAD - Bearish Head and Shoulders📉Hello Traders👋🏻
On The Daily Time Frame The NZDCAD Price Reached A Strong Resistance Level📈
Currently, The Price Formed a Head and Shoulders Pattern📉
The Neckline is Broken🔥
So, I Expect a Bearish Move📉
i'm waiting for a retest...
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TARGET: 0.80770🎯
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