FTM: The prospect of increasing?BINANCE:FTMUSDT
As you can see, FTM has created an ascending head and shoulders and is also located in the megaphone, which means that if it breaks, we expect the price to reach the target (AB=CD).
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!
Head_and_shoulder
Head and Shoulders formation in making in Bitcoin?COINBASE:BTCUSD seem to be forming H&S though right shoulder is yet to form.
A breach below 91-92k zone could sound trouble for #Bitcoin. Diminishing volume from left shoulder to head is also not encouraging.
Keep an eye!
Early entryLooks like a HS forming up. I opened a short position bc I want a tight SL. If a daily candle breaks up and closes above the right shoulder I'll take the loss.
Critical Turning Point for the S&P 500: Bullish or Bearish?Happy New Year, everyone! 🎉 I hope you all had an amazing start to 2025. Let’s dive into the S&P 500 chart because it’s showing some critical patterns that could define the market's direction moving forward.
The S&P 500 has now broken below the Rising Channel, confirming a bearish breakdown from the long-term uptrend. This move adds to the bearish pressure initiated by the previously formed Head and Shoulders (H&S) pattern.
The breakdown of the Rising Channel, combined with the confirmed H&S pattern, suggests a significant shift in market sentiment. With the price also sitting below the 50 EMA, the bears appear to have the upper hand.
1. Rising Channel Breakdown : After respecting the channel boundaries for months, the price has decisively fallen through the lower boundary, signaling the uptrend is over.
2. H&S Pattern Confirmation : The neckline has been broken, further validating this bearish reversal structure.
3. 50 EMA Resistance : The inability to reclaim the 50 EMA solidifies the bearish momentum.
Targets to Watch
* 5,687.33: The next immediate support level where price could pause or consolidate.
* 5,600.45: A breach of 5,687.33 could send the price toward this stronger support zone.
* 5,119.26 (Channel Projection): If bearish momentum accelerates, the longer-term target aligns with the channel's projected downside.
What’s Next?
With the Rising Channel broken, the market’s bullish structure has collapsed, leaving traders watching key support levels to assess the depth of the pullback. Bulls will need to reclaim the 50 EMA and push the price back into the channel to regain control, but this seems unlikely in the short term.
The market now leans bearish, and the next few sessions could confirm whether this breakdown leads to a larger correction or stabilizes near support.
Let me know your thoughts and how you plan to approach this setup. Wishing you all a successful and profitable trading year ahead! 🚀
#SP500 #TechnicalAnalysis #BearishBreakdown #RisingChannel #HeadAndShoulders
SMH vs SPYCan S&P 500 have a bullish run with semis not participating in it ? Bullish head and shoulders on SMH vs SPY. Semis are the new Transports.
SILVER - Bearish Head and SouldersHello Traders !
The Silver price formed a head and shoulders pattern.
Currently, The neckline is broken !
So, I expect a bearish move📉
_______________
TARGET: 28.10000🎯
ES - two monthly levels worked as a resistanceOn a micro 15 min chart we can see a bearish Head and Shoulders reversal pattern.
The green line is the Monthly Support drawn by my Month Opening Range indicator.
see:
Note that the green line, the monthly support, once broken started to work as a resistance for the very last push higher.
Technical Analysis Idea for SPYChart Pattern Identification:
Inverted Head and Shoulders Pattern:
Left Shoulder: Look for a decline followed by a minor rally, forming the left shoulder.
Head: A further decline creating a lower trough, forming the head.
Right Shoulder: A subsequent rally and decline forming a higher low, creating the right shoulder.
Neckline: Draw a trendline connecting the peaks of the left shoulder and the head. This line acts as a resistance level.
Entry and Exit Strategy:
Entry Point: Consider entering a long position when the price breaks above the neckline with strong volume, confirming the pattern.
Stop Loss: Place a stop loss below the right shoulder to manage risk.
Target Price: Measure the distance from the head to the neckline and project it upwards from the breakout point to set a target price.
Squeeze Momentum Indicator:
Confluence Signal: Use the squeeze momentum indicator to confirm the breakout. Look for a shift from red to green bars, indicating increasing bullish momentum.
Momentum Confirmation: Ensure the squeeze dots turn from black to green, signaling the end of a consolidation phase and the start of a potential upward move.
Additional Considerations:
Volume Analysis: Confirm the breakout with a significant increase in volume, supporting the validity of the pattern.
Market Context: Consider broader market trends and news that might impact SPY's price movement. PYTH:SPY AMEX:SPY
Bitcoin Head and Shoulders confirmed
Bitcoin Head and Shoulders confirmed, with a slight adjustment, that it targets approximately 81k, including my prediction of potential developments.
$88,770 will act as support since that was the RSI high using the 14 period and will receive a positive reaction, bouncing off the head and shoulders trend-line, then failing, and ultimately reaching the target of 81k. I believe we will test the November 5th election candle, which serves as a macro swing at the 68k range.
Will Bitcoin go down to 60kWill we see a Head and shoulders pattern?
What do you think?
Stay tuned and I’ll catch you in the next one — peace!
Campus 1 dayChart Pattern : Inverse Head and shoulder Pattern
Increasing Volume
15% away from previous high
RSI > 60
Looks Bullish
BTC - Will Bitcoin Hold or Fold?Bitcoin has enjoyed a bullish 2024, reaching an all-time high (ATH) of 108K. However, the recent price action indicates a shift in momentum, with the market entering a phase of consolidation and correction. For the past 40 days, BTC has ranged between 90K and 108K, with the critical psychological level of 100K now acting as resistance. The structure of an ABC corrective pattern following a 5-wave downward impulse suggests the market is transitioning into a short-term bearish phase.
Key Levels and Patterns:
1.) Head and Shoulders Pattern:
A bearish Head and Shoulders pattern has formed, with 90K serving as the neckline.
Once 90K is broken with significant volume, it will confirm the pattern, potentially accelerating the move downward.
The target for this pattern aligns closely with the previously identified support zone at 84K–80K.
2.) Resistance at 100K:
The psychological barrier of 100K has flipped to resistance, making it a critical level for bulls to reclaim.
A sustained break above 100K with strong volume would indicate a possible trend reversal.
3.) Support Zone (84K to 80K):
Multiple confluences align between 84K and 80K:
Fibonacci Retracement (0.618): The 0.618 retracement level from the recent impulse low to the ATH is at $82,694.88.
Trend-Based Fibonacci Extension: The 1:1 extension of the ABC correction points to 84K.
Anchored VWAP: Calculated from the significant low at 52.5K, the anchored VWAP aligns near 81K.
Fibonacci Speed Fan: The 0.618 speed fan from 52.5K to the ATH intersects around 80K, reinforcing this support zone.
4.) Liquidity Below 90K:
The current range-bound movement has likely trapped many long positions above 100K, creating significant liquidity below 90K.
A breakdown below 90K could trigger a liquidity sweep, driving prices rapidly toward the support zone at 84K–80K.
Current Market Dynamics:
Volume Analysis: Decreasing volume within the range highlights weakening bullish momentum. Confirmation of support at lower levels will require a substantial increase in buying volume.
Bearish Momentum: The head and shoulders pattern, coupled with the ABC correction, signals bearish momentum that may persist into early to mid-January 2025.
Neckline Support at 90K: A break below 90K would confirm the head and shoulders pattern, acting as a catalyst for further downside.
Next Steps and Outlook:
Short-Term Bearish Bias: Bitcoin is expected to continue its downward correction, with the head and shoulders neckline at 90K serving as a key pivot point. A confirmed break would likely drive BTC to the 84K–80K support zone.
Long Opportunity at Support: Should BTC reach the identified support zone, it presents a high-probability long setup. Entry should be contingent on confirmation through:
Increased buying volume.
Bullish candlestick patterns (e.g., hammer, engulfing).
Alignment with key moving averages and other technical indicators.
Mid-Term Recovery Potential: After the correction, Bitcoin may resume its bullish trajectory. Key factors to monitor include:
Reclaiming 100K as support.
Overall market sentiment and macroeconomic conditions.
ONE Analysis - What Shall we Expect !!!As you can see, ONE has created an ascending head and shoulders and is also located in the Falling wedge , which means that if it breaks, we expect the price to reach the target (AB=CD).
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
WHAT IS QM (SIMPLY)Quasimodo trading setup or QM is an advanced reversal pattern in which its formation signals the end of a trend, and most traders use its variants to improve trading results in the forex market.
If u don't understand it, there is high possibility for stop hunting.
u may heard HEAD AND SHOULDER pattern, yes?
QM is exactly HAD (head and shoulder) and u can trade it at: FL'S _ S&D ZONES and SR lines.
it is also a Great show for money back and u can short it at all.
What invalidates it?
only Do not ENG the first support.
Novo Nordisk (NVO): Beautiful Reversal Pattern is emerging Novo Nordisk price has charted a famous and beautiful reversal pattern - Head & Shoulders.
We have 3 peaks with the middle one the tallest also called Head.
The Right Shoulder inclines down so the magnitude of the bearish move is strong.
The dotted line between valleys of the Head is called a Neckline.
The bearish target for this reversal is located at the distance of Head's height subtracted from the breakdown point on the Neckline.
So, the target is at $89.
This area aligns very well with the bottom of last October and the peak of last May.
GBPUSD SELL | Idea Trading AnalysisGBPUSD is moving on support zone and and made a head & shoulder pattern
The chart is above the support level, which has already become a reversal point twice.
We expect a decline in the channel after testing the current level.
We expect a decline in the channel after testing the current level
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPUSD
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ⚜️
Possible short-term BTCUSD HEAD AND SHOULDERS PATTERN formed.Please see attached chart. BTCUSD 1-4hr timeframe.
There could well be a possible H & S pattern that takes us from the neckline of around $104k down to the $99-101k buy-in zone.
This area also aligns with the 50% fib, charted from the recent swing low of $94,300 to swing ATH of $108,360
Max volume profile area also aligns at $101,000.
Longs opened at $103-104k, with further entry long limits set at 99-101k, expecting 107-108k retest for subsequent take profit. Will let anything that breaks 108k run beyond with stops adjusted as necessary.
Thanks.
VIRTUAL - Short Setup with 30% PotentialWe are currently observing a completed 5-wave structure and the emergence of wave A, which found support around $2.5. Now, price action is forming wave B, which aligns with a resistance area marked by the Fib 0.618 retracement and the daily level.
Trade Setup:
Short Entry: For a riskier entry, you can enter now and ladder your position up to the Fib 0.618 and 0.718 levels. A stop loss should be placed above the 0.786 Fib for protection.
Head and Shoulders Projection: Using the bar pattern and the length of the left shoulder, we estimate that wave C will form over the next 2-3 days, confirming the head and shoulders setup.
Take Profit Target:
Low at $2.3266 – First target for securing profits.
Overall Target: The 0.618 Fib retracement of the entire 5-wave structure at $2.1002.
Risk-Reward (R:R):
Potential for 3:1 and 5:1 trades, offering a gain of 20% - 30%.
Additional Notes:
If dOpen is lost with volume confirmation, this provides an opportunity to add to the short position.
With the holiday season approaching, this short setup allows for some time off the screen while still capitalizing on market movements.
This setup offers an excellent blend of risk and reward, with options for both aggressive and conservative short entries. Happy trading.
BOTTOM FOR GOLD? - FED RATES TOMORROW; ONLY A PROJECTION! As illustrated, I am trying to visualize what COULD be an inverted head & shoulders pattern, THAT HAS NOT BEEN FORMED YET!
I REPEAT: IT HAS NOT BEEN FORMED YET
The only reason I share this idea, is because tomorrow, WED 18th, the FED has to decide for the last time this year if to lower rates or keep them at 4.75% basis points. Should the FED decide to LOWER them, this could cause gold to spike and potentially being the bullish impulse I am trying to project here.
Should the FED KEEP the rates where they are, the market MIGHT simply continue its "current normal" path which STILL HAS BEARISH STRUCTURE.
THAT BEING SAID ...
Be patient with this potential setup, and wait for the rates to come out + a few hours for the market to price in the decision of the FED, because there is still room for gold to drop to the psychological price range of 2610 - 2600.
Gold is at a spot where it could manipulate one more time before a pop to the upside, in order to induce sellers and generate liquidity.
Regardless the outcome of the FED rates, if price does indeed take off, make sure it closes above the pivot area illustrated and make sure such area HODLS as support In the near future for a potential buy opportunity towards a year-end bull expansion toward + 2730...
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GOOD LUCK!
EURCAD new bearish expectations
EURCAD my first thoughts, idea, is be to see bullish push, because i am noticed inverted H&S can be created, but now after some period, i am not see strong bullish push and some strong bullish structure, so here now expecting new bearish push to see for thise week
SUP zone: 1.48450
RES zone: 1.46350, 1.45950
Reverse Head and Shoulder patten forming in EURUSD DailyTechnical Analysis:
================
A reverse head and shoulder pattern has formed in EURUSD, if the price action continues to go up, it can gain ~300 pips.
The neck line, left and right shoulders and the head of the H&S pattern are previous significant levels (means support or resistance in past).
Fundamental Analysis:
===================
1) Santa Clause Rally :
For whatever reason the stock market keeps going up in December, and USD should depreciate against major currency pairs including EUR
2) The VIX Index has gone down significantly due to the ceasefire between Israel and other parties
There are other factors like Trump administration would consider crypto as mainstream currency, which would depreciate USD. But that might happen in 2025, we should see the H&S happening in December if the price action continues in the same/upward direction.
Note: A trade idea I post here is also my trading journal.
NVDA Head-N-Sholders PatternNVDA Head-N-Sholders Pattern is observed.
NVDA has completed its head and shoulders pattern and made it low at its supports.
I am not expecting stock like NVDA to drop up to $115, but this is what the chart is saying.
Please share your views in the comments. Please correct me if I am missing something.
BTC/USDT: Head and Shoulders Pattern with Bullish Continuation Phello guys.
let's dive into btcusdt!
Analysis:
Inverse Head and Shoulders Pattern:
A clear inverse head and shoulders pattern is visible on the 4-hour chart, signaling a potential trend reversal.
The head is formed at 93,842 USDT, with left and right shoulders forming near 96,598 USDT.
Neckline Resistance: The neckline resistance at 102,698 USDT has been tested multiple times, hinting at potential upward momentum.
Fib Retracement Levels:
The 0.618 Fibonacci retracement level at 96,598 USDT acted as strong support for the right shoulder.
The breakout target aligns with the 108,991 USDT zone, derived from the measured move of the pattern.
Bullish Projection: The price could rally toward the 105,798 USDT mid-resistance zone, with a higher probability of reaching the 108,991 USDT target.
Summary:
Support Levels:
96,598 USDT (Fibonacci and right shoulder support).
93,842 USDT (head level).
Resistance Levels:
102,698 USDT (neckline).
108,991 USDT (target zone).
Outlook: A confirmed breakout above 102,698 USDT could lead to a sharp upward move, targeting the 108,991 USDT zone.
Trade Idea: Watch for a neckline breakout with strong volume or consider a pullback toward the right shoulder for better risk-to-reward opportunities.
