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Head_and_shoulder

EUR/USD SHORTEvening Guys, This is a EUR/USD breakdown. Technically EUR/USD is bearish and has been since last year. It's only going to go further until ECB raises interest rates to tackle the surging inflation the economy is facing. EURO/USD has made some beautiful structure on the H4 & H1 TF, you can clearly see a perfect head & shoulder pattern combined with bearish market structure and a perfectly aligned break and retest strategy. It's unfortunate this formation has occurred at the end of the NY session because if this was to occur around 11:00-14:00 GMT we would see a huge sell off on this pair. Personally I'm going to look to short this until market structure tells me otherwise. Maybe price can hover around this zone before dropping even more later tomorrow.
Short
by TomBray1
1
F Head and Shoulders SHORTFord had great earnings and revenue beats in July however inflation is eroding the purchasing power while Ford raised the price of its flagship EV, the Lightning by $8000+ and supply chain issues persist. The 2H Chart shows a head and shoulders pattern with price currently sitting at the trigger area at a time when the general markets are "challenged". Shown on the chart are the mid-Fibonacci levels on the retracement of the uptrend which started July 5th and ended about August 16th. Thye may suggest that F could downtrend into targets in the range of 14.3 to 13.05 over the typical slow and weak month of September. In consideration of this, I will go flat on call options and watch for Ford's further trend.
NYSE:FShort
by AwesomeAvani
2
AUDJPY ASCENDING TRIANGLE BREAKPair: AUDJPY Timeframe: 1D Analysis: Round number level, trend line, volume profile, support and resistance, ascending triangle, double bottom ————— Key Takeaway: Price has already broken price to the upside of the ascending triangle and come back down for a re-test. We have also seen that a double bottom has formed indicating strength of the resistance turned support level. ————— Level needed: need a close by 96.000 ————— Trade: LONG RISK:REWARD 1:6 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Long
by TheGoldRoom
Short Selling Natural Gas Head and ShouldersShort Selling Natural Gas. All information is on the Chart. Head and Shoulders is a measured move. Entry: 7.8 Stop: 9.1 (Above Right Shoulder) Take Profit: 5.50. Successful Investing is the ability to manage risk and foresee possible opportunities in the near or further future, prepare ourselves and take the risk when the opportunity presents itself. Invest safe and Happy trading. As always, appreciate the like, comments and share.
NYMEX:NG1!Short
by ppatrading101
NZDUSD POSSIBLE TREND CHANNEL BREAK?Pair: NZDUSD Timeframe: 1H , 4H Analysis: Round number level, trend line, volume profile, support and resistance, trend channel break ————— Key Takeaway: Price has stuck to this hugely ranged trend channel for quite sometime and it is possible we could in fact see breaks. We need to see closes and re-tests below this level of support before we can enter, always remember that we could very well indeed see a bounce upward, always keep your mind open to every possibility :) ————— Level needed: need a close by 0.59230 ————— Trade: Short RISK:REWARD 1:6 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Short
by TheGoldRoom
BTC IS AT VERY CRUCIAL LEVEL! BREAK BELOW THIS THEN $14K IS NEXTHello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this BTC update. From the starting of September I keep telling you that BTC is not looking good and might see some big drop in this month. When BTC is trading at around $23k in the starting of this month everyone was start calling to $30k is next, I told you that this was just a retest (Link of the charts given below). Hope you guys listened and save your hard earned money. Now let's get to the chart. BTC is forming a head and shoulder pattern in the daily time frame which is generally a bearish pattern. Currently, it is at the neckline of this head and shoulder. Any daily close below this neckline ($18.5k level) will take us to the $14k level from here. However, IMO we might see some bounce from here in short term so don't try to short now. Wait for a confirm breakdown. I hope this will never break below this neckline but let's see what happens. Whatever happens I'm ready to buy every dip and set my bids around $14k-$15k level. What do you think about this? Do you think that it will break below the neckline or do you think this is the bottom? Share your views in the comment section. If you like this idea then do support it with like and follow. Thank You!
COINBASE:BTCUSD
by CoreCrypto1
14
AUDUSD HEAD AND SHOULDERS Pair: AUDUSD Timeframe: 1D , 4H Analysis: Round number level, trend line, volume profile, support and resistance, descending wedge pattern, head and shoulder pattern ————— Key Takeaway: Seen alot of bearish pressure for the pair but the market closed near a pullback level last week. We need to see price maybe retrace a bit more before coming back down. ————— Level needed: need a close by — ————— Trade: Short RISK:REWARD — ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Short
by TheGoldRoom
4
It's not looking good!Last week saw price tagging the monthly pivot and immediately selling off to form what appears to be another head and shoulders continuation pattern (complementing the currently active much bigger one). At this point the 10k short target is starting to look more and more likely. Concerning interim price action it is possible that we will still see a small bounce to around 12600 but while price remains below the right shoulder @ 12900 the HnS pattern and target will remain valid. The current HnS neckline and drop off point seems to be coinciding with the monthly S2 @ 11750
OANDA:NAS100USDShort
by FXAutomate
SELL Ethereum!! Eth H&S Pattern Confirmation. Bears in Control!This chart is pretty self-explanatory. Head and shoulders pattern has completed and with current Macro-Economic conditions worsening and tightening, I guess this truly was one of those, "Buy the rumors, sell the news" events with the Ethereum Merge. Not only this, but we are consistently trending down, making a series of lower highs and lower lows. The trend remains intact and very strong. I thoroughly expect us to double bottom or even make a new low on Ethereum. The time frame for when this happens remains to be seen. My take profit Targets on my short are $1000 - $880 for 75% of my position. I will hold this position into a new low if that occurs. This will be my position on the markets until we print a new higher high and a breakout on Ethereum above $2,050 will prove this theory wrong.
COINBASE:ETHUSDShort
by RookInvesting
2