H&S BOTTOMInteresting accumulation area that is developing over 200SMA support area,
Head and Shoulders weekly target suggest a R/R of 2 for longs.
Head_and_shoulder
SPGIit is an H&S with incorrect volumes but it is visible on weekly, I don't know if the volumes are important, maybe they are on the head but they are obscured by the enormous subsequent volumes and on the left shoulder they arrived a little late for the euphoria of the covid
perhaps in June there was a great build-up of sales
I'm interested in entering
ABNB Rejection of Double Top Neckline/W Bad News10/14/2022 -- Joseph Gebbia, 10% Owner, Director, on October 13, 2022, sold 250,000 shares in Airbnb (ABNB) for $27,531,705.
Here is ABNB 4 HR chart. We have a big double top on the higher time frames. We broke that double top neckline we used for support and are now rejecting the double top neckline while setting up in a head and shoulders pattern on the smaller time frames. The move should take about 6-10 days to play out so give yourself time not investing advice. White zone and Low of year area for final TP. I'll be looking for this to start playing out next week.
GOLDEN Head & ShouldersThe last analysis is still alive, and we have another confirmation of a bearish trend for gold. After the H&S pattern is completed, we could see an even bigger decline in the asset targeting the next Fibonacci level. Good luck!
APE head and shoulders pattern and trend lines#APE/USDT
$APE shaped a head and shoulders pattern and broke down from ascending trend line.
🐻 so price can drop more to support zone that is the same with neck line of H&S pattern.
then it will have a pullback to broken trend line and if reject from this line it will drop more to support zone around $3.
🐮 but holding the neckline as a support and break out from resistance zone will increase price toward upper ascending trend line.
#women_life_freedom
Banknifty 12th October 2022. Inverted Head and Shoulder. Made Inverted Head and Shoulder Pattern on Trendline in 15 mins Timeframe. Waiting for breakout.
Banknifty Price Action-Price PatternBanknifty Price Action-Price Pattern:
The pattern of Head & Shoulder has come to the notice on 1/2 hourly chart of BANKNIFTY.
The price may reach the target range if it sustain below the neckline. A retest of the neckline may take place in first 1 hour of trading in the morning.
The analysis will be invalidated if the hourly candle close above the neckline.
This is not a trade recommendation pls do your own analysis or consult your advisor for any trade execution.
Thank you.
TASI to 9000 levels head and shoulder pattern
Lower high + lower low
the price cannot exceed 50% fibo off 2 waves (one form peak to 11100 levels and other one from the LH to LL
Which lead us to 9000 levels
*scenario fails if we can exceed 12525 with high volume
Gbpusd shortHere we have what seems to be a h+s pattern on the h4 chart. Target area is marked on the chart. Trade safe
$CRWD H&S Bear Pennant BreakdownUpdating idea from Sept 16.
$CRWD huge H&S top formation
with bear channel formed
at neckline of approx $169.
If $169 give way, downside
obj <$100.
$CRWD failed at bear
channel breakdown
$195.50
NIFTY MID CAP, TARGET- 29500 H&Sa very good heads and shoulder is forming. today even the market supported it.
target to its support: 29500.
other trend lines too drawn.
- MY ANALYSIS.
Up & Down in Natural Gas - H&S As you can see here. I'm awaiting shortterm a further bearish movement. Perhaps touching the 200's SMA. After this I expect a sharp rise in gas going into the seasonal peak time for natural gas.
KOTAK MAHINDRA, HEADS & SHOULDERS!!clearly we can see the pattern is forming.
target: 1600.
kotak will reach its bottom point after completing this pattern, making it to buy at best timings!
have a good eye.
Head & Shoulders top on USO/SPX?The Covid Crash was like a reset on all assets and ever since, AMEX:USO has been outperforming the SP:SPX .
The ratio peaked on mid-June and it looks like is actullay forming a head & shoulders top.
This is bullish for stocks as I think the indexes already bottomed (in mid-June). But remeber, is not confirmed until the breakout on the neckline happens.
$ATOM - LONG or SHORT ?Hello my Fellow TraderZ,
The day before I had shared the idea of $QNT forming an ASCENDING TRIANGLE and its possible move.
Similar structure is visible on $ATOM #COSMOS on 1 HTF where price is ranging inside the ASCENDING TRIANGLE and constantly getting rejection from $13.2. Breakout Target would be around 6-11% Profit.
But also it is a bit confusing as it seems like it is also forming a Head & Shoulder pattern with the Trendline as the Neckline. Breaking of the neckline would give us the profit ~ 7-10% on Short.
As a trader our task is to trade on both the sides.
Let's see. Good Luck.
Happy Trading. CHEERS!!!
SBUX H&Son the weekly there is a trendline that seems to be in trouble, here it looks like an H&S, I await neckline and mm, the technical changes seem to be there, perhaps it also corresponds to a resistance given by the previous trend and a gap of Nov 2020
TESLA - $TSLA - Head & Shoulder - Distribution almost OVER!!!!!When great trees fall, rocks on distant hills shudder, lions hunker down in tall grasses, and even elephants lumber after safety.
Soon Tesla will move from the head & shoulder -- down to its KNEES and that is when we will execute our entry for a long hold.
Sorry Elon, your Ponzi gig is up, you can't produce because you don't have materials and the ones that exist are over priced just like your vehicles.
Your stuck boo, your in a corner, stalemate, king cannot MOVE!
I presented this head & shoulder pattern on $TSLA back in July, before the Right Shoulder was complete and now we are on to the final stages.
I see a bounce occurring before heading lower.
On Monday - US holiday - we should expect lower volume and usually that means a sell off.
This view is on a weekly timeframe. I believe Tesla will wick below the neckline as it has in the past and then squeeze up and fill the GAP to $262.47 (1st target).
If the S&P500 shows strength mid October, prior to OPEX options expiry date, Tesla may keep trekking up the the second target which is in the $290 range before breaking the neckline.
Head and shoulder criteria:
1. Buying volume is diminishing and showed most strength on the left shoulder.
2. The head is much higher then the left shoulder.
3. The neckline fits the description of a proper head and shoulder pattern.
GOOODLUCK TRADERS!
USD/JPY closes above 145 - NFP now in focusUSD/JPY finally closed above 145 for the first time in 24 years. Given we saw the MOF (Ministry of Finance) intervene around 145.9 then the potential for the BOJ or MOF to jawbone (if not intervene) may be high. However, traders remain aware that it will take a coordinated intervention to turn this trend around, which is why prices simply drifted back to the highs when the MOF intervened in September. And until we see any sort of intervention, price action remains king. Take note that the MOF last intervened around 145.90, so maret may become twitchy the closer we get to that level.
An inverted head and shoulders pattern has formed on the USD/JPY 1-hour chart, which projects a target around 146.2. With the dollar looking strong ahead of today's NFP report, perhaps we'll see another leg higher ahead of the key Nonfarm report.
The trend remains bullish and we would consider bullish setups above the broken neckline, with the initial target being the highs around 145.35 and the daily R1 pivot.
Bearish head and shoulder In Indigo 🎨 A very good bearish head&shoulder made in the 1 day chart of Indigo paints soo its a tym to short it or not buy it .
Sell Indigo paints below 1479
Target 1444 1395 1365 1350
Sl 1550
(Head and Shoulders)^2One of the most reliable patterns historically. I am betting on it playing out for about 10% downside in the Qs.
📈✌BTC 2H Long Position: Risky✌📉BINANCE:BTCUSDT
COINBASE:BTCUSD
Hi traders, first take a look at my previous analysis and positions.
between now and the yellow area, you can open a long position in two or three steps. 🐱🏍
If the price rises and reaches the TP1 level, you can risk-free the position.
TP1-2-3 are on the chart.
The optimum stop-loss is below the determined levels.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌
HEAD AND SHOULDERS PATTERN POSITIONI take my position when the price break the neckline of the pattern with my stop loss at the right shoulder and my take profit is a little bit higher than the difference between the head and neckline reported to the level of the breakout of the neckline ( I hope it makes sense haha).
Moreover, the anticipated difference stops at the support.
F MASSIVE BEARISH HEAD AND SHOULDERS (SELL) $$$A head and shoulders pattern is a bearish reversal pattern that indicates that the uptrend has reached its top and that the reversal has begun. As you can see from the weekly chart, this head and shoulders pattern suggests a very negative price action in the following weeks until F finds firm support and bounces off to bullish territory
