4/5$ ?EGLDBTC is very ugly.
Very bad.
Look at this, it seems to have an pattern like Head and Shoulder.
Oh my gosh !
Head_and_shoulder
Head and Shoulders Pattern XAUUSD Bearish view as it is Probably Forming an Head and shoulders Pattern, Keep an Eye on Price Action we can Get sell Opportunity after Breakdown and Retest.
MULTI/USDT BINANCE SPOT LONGHi guys as you can see in the chart that head and shoulder pattern has been formed
Current price 4.15
EURCAD Bearish Bias - SHORTNoticing a Head n Shoulders formation on 4HR TF and 1 HR TF expectiong price to move down this week based off Monthly, Weekly , Daily HTF. Thoughts on this??
Preparing for Breakdown The scrip is getting ready for a breakdown after forming a HnS pattern on Daily TF. keep this in radar.
Bitcoin 4 Hr Inverse Head and Shoulders Laid out pretty simply, not much to say.
The breakout would meet the next resistance cluster pretty darn close.
Who knows.
$MRNA - Moderna: Megaphone TopOn weekly we can see that the price has formed a long-term Head&Shoulder, where its right shoulder is a Megaphone Top.
Price is hugging & kissing its upper trendline, which is also an area of a perfect entry to go SHORT, as there is a very small risk compare to a very big reward.
I will be looking and patiently waiting for a Key Reversal from upper trendline to go SHORT.
Gold short ideaGold almost completed the right shoulder of the head and shoulder pattern. Wait for the pattern to break or the support to break ✌️
BPCL - Head & Shoulder pattern - 15% ROIAll details are given on chart. If you like the analyses please do share it with your friends, like and follow me for more such interesting charts.
Disc - Am not a SEBI registered. Please do your own analyses before taking position. This post is only for educational purposes and not a trading recommendation
Gold pattern short idea The price is completing the head and shoulders pattern, if the pattern is technical and the support area is broken, we expect the price to fall
EDU: BOTTOMING PATTERN & GAP FILL PLAYEDU ( Chinese stock ):
I'm bullish Chinese stocks in general but I really do like the look of EDU.
A few reasons to keep a good look on EDU:
- price is now above all the moving averages on the daily chart;
- price is getting back above the Ichimoku cloud;
- there is a huge gap between $29.70 and $57.34;
- the weekly chart chart has the look of an inverted head and shoulders (but not really perfect).
Has EDU found a bottom? It looks like it.
Can we fill that gap? Not sure. However the chart looks promising.
The next resistance is at 29.70. If we cross 29.70 I would expect the price to accelerate to the next resistance of 50.27, then potentially fill the gap.
If we see weakness in the coming days, the next supports are at 24 and 22.
I would wait for the price to cross 29.70 before initiating a long position. My 1st target will then be around 50, my second target will be at 57.
Trade safe!
(This is no financial advice. Technical analysis is given to help you make your own decision. As always place a stop loss when you enter the position, and do not ignore risks of delisting for Chinese ADRs).
TESLAHello & welcome to this analysis
In the monthly time frame we can see the stock has broken and continues to trade below the Ichimoku Base line support, suggesting a likely test of the Ichimoku clouds in the coming months.
In the weekly we can see a Head & Shoulder formation with the right shoulder withing a parallel channel. Sustaining below $205 (weekly) this could break all the way down to $150 before any relief / value buying comes in.
Short term bounces here there might come due to oversold zones, but overall structure has become very bearish for the medium term.
Fet Head and shouldersFET/USDT on the weekly chart have a head and shoulders pattern and the target areas between 0.03 to 0.04
SPX500 Shooting down rapidly SP500 has finally broken down the head and shoulders pattern I discussed in the previous idea , and now it's facing some resistance from a trend line descending since last Aug. Here I see two scenarios:
scenario-1: opening in a gap without under the trend line, but it has to face the demand zone @3771. Then it might shoot up to retest the neckline of the broken head and shoulders pattern and grab some liquidity to dive again all the way to 3655
scenario-2: the price will react to the trend line and go up to meet the neckline of the broken head and shoulders pattern and grab some liquidity to dive again all the way to 3655.
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Cipla 1HRCipla is looking good setup for tomorrow trade Cipla formed head and shoulder pattern
in 1 day timeframe price in a crucial level if a candle break and close below the support
we can sell cipla first target will be 1078.50 and second will be 1066.20and trail your
stoploss if cipla braking upper green zone then we can avoid this trade
Thank you
NSE:CIPLA
SOLUSDT - 1D Chart AnalysisPerfect Head & Shoulder on HTF. If the neckline breaks, then most probably, the red projection will follow. Nonetheless, I do not rule out the idea of green projection due to strong buying power below $20.
EUR/JPY - Inverse Head & ShoulderEUR/JPY forming Inverse Head & Shoulder
Buy on breakout
Tp
146,
Tp2
147
Tp3
148
USDJPY BullishI see USDJPY moving upward for the following reasons:
1- failed to make a new low, lower than the previous low @ 130.50
2- touched a Demand zone.
3- made a double Bottoms with Divergence @ RSI
4- Broken 2 weekly trend lines and a local small trend line.
5- got rejected from a 200 DMA.
We must see a break in momentum through the Fib level 23.60 and 61.80 for that scenario to occur.
After that, the price will attempt to reach 141.50, which is a strong resistance zone, before going back to retest the previous resistance zone @138.9 to print a daily head and shoulders pattern.
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Disney DIS Short - Descending Triangle/Head and ShouldersDisney DIS Short - Descending Triangle/Head and Shoulders
Disney preparing to break down from a descending triangle . Expecting low $80s price range.
Longer term there's a clear Head and Shoulders pattern that would break down if the descending triangle also breaks
Lupin 1hrLupin is looking good setup for tomorrow Lupin is in uptrend in 1 day time frame
it consistantly making higher highs in in 1 day time frame in 1 hr chart it took
correction it came to previous higher high its is acting as a resistance it is also looking
like head and shoulder pattern tomorrow it either breakout that resistance nor
it will give reversal wait for the confirmation candle
Thank you
Honaut Head and shoulderHonaut has formed inverted head and shoulder.
Good risk t reward trade on monthly chart.
AUDUSD - Head & shoulder patternhello traders, on AUDUSD , we can spot a head and shoulder pattern of the correction phase which signifies a potential exhaustion of buyers position and on an onset of bearish momentum.
