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Head_and_shoulder

Bitcoin's Path Toward $65k After Key Resistance Break-high riskhello guys. as I said before: Head and Shoulders pattern completed: A clear inverse head and shoulders pattern has formed, signaling a bullish reversal. The breakout above the neckline confirms this bullish structure. Breakout confirmed: Bitcoin broke past the previous resistance at $62,300, which now acts as a strong support level. The price retested this zone, reinforcing the breakout. Upward momentum: The trend shows higher highs and higher lows, suggesting continued bullish momentum in the short term. Next target at $65,000: The next major resistance is around $65,000, which could serve as a key psychological barrier. Potential consolidation: A consolidation or retest of the $62,300 level is possible before a move higher. High risk: Despite the bullish structure, the risk of this position is extremely high. The market remains volatile, and failure to maintain the $62,300 support could lead to sharp declines. Traders should exercise caution. ___________________________ ✓✓✓ Always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
Short
by melikatrader94
6
Bitcoin's Rally Toward $62,000hello guys. Inverse Head and Shoulders Pattern: The chart highlights a clear Inverse Head and Shoulders formation, a well-known bullish reversal pattern. The left shoulder, head, and right shoulder are well-defined, signaling a potential trend reversal from the previous downtrend. Breakout Above the Neckline: The price has broken above the neckline, which confirms the reversal pattern. This is typically a strong bullish signal indicating further upward momentum. Engulfing Pattern: An Engulfing pattern at the right shoulder supports the bullish case, suggesting the buyers are gaining control, pushing the price higher. Next Target: The projected target for this breakout is $62,000, which is indicated on the chart. This would be the next key resistance level where traders might take profits or reassess positions. Pullback Potential: There is also a possibility of a minor pullback to retest the breakout area (around $58,500), which would act as support before continuing upward. ___________________________ ✓✓✓ Always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
Long
by melikatrader94
19
BLUR: The prospect of increasing?As you can see, BLUR 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). ✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅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!
Long
by CobraVanguard
2
TON → is in a dangerhello guys. Head and Shoulders Pattern: A classic bearish reversal pattern has formed with a left shoulder, head, and right shoulder, indicating potential downside. Neckline Break: The price has broken below the neckline around $5.30, confirming the pattern and suggesting further bearish momentum. Target Projection: The measured move target from the head to the neckline projects a potential drop towards $3.27. Resistance Levels: Immediate resistance at $5.30 (previous neckline). Further resistance near $6.10 (potential pullback area). Support Levels: Immediate support around $4.60. Major support at $3.27 (pattern target). Outlook: Bearish, with a high probability of a decline towards the $3.27 level unless the price reclaims the neckline. Watch for any signs of reversal or a break above $5.30 to invalidate the bearish scenario. ___________________________ ✓✓✓ Always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
Short
by melikatrader94
14
All About the Head & Shoulders Pattern(Beginner-Friendly) Part.2Hello, everyone. Today, I’m excited to share the second part of my educational series on chart patterns. In this post, we’ll be focusing on the 'Head and Shoulders' and 'Inverse Head and Shoulders' patterns. For those who missed the first part, you can catch up here: ↓↓↓ As always, I’ve kept the explanations simple and beginner-friendly. I hope this guide provides you with valuable insights! Here’s today’s outline: ———— ✔️ Outline 1. What is the Head and Shoulders pattern? Definition Key components Characteristics 2. Head and Shoulders Basic features Examples 3. Inverse Head and Shoulders Basic features Examples ———— 1. What is the "Head and Shoulders" pattern? 1) Definition The Head and Shoulders pattern is a well-established reversal formation that appears after an uptrend and signals the potential start of a downtrend. It indicates that buying pressure is weakening and selling pressure is gaining momentum. 2) Key components Left Shoulder: The initial peak, where the price rises and then pulls back. Head : The highest peak, situated between the two shoulders, representing the final bullish push. Right Shoulder: The third peak, which is typically lower than the head but similar to the left shoulder, signaling diminishing buying interest. Neckline: A key support line drawn across the lows of the left and right shoulders. A decisive break below this neckline confirms the reversal and the beginning of a downtrend. 3) Characteristics Reversal signal: The Head and Shoulders pattern marks a transition from an uptrend to a downtrend. Easy identification: The structure is visually distinctive, with three clear peaks. Neckline significance: A break below the neckline serves as a confirmation signal for the downtrend. Volume dynamics: Volume typically rises during the formation of the left shoulder and head, decreases during the right shoulder, and surges again when the neckline is breached. ———— 2. Head and Shoulders (Reversal from uptrend to downtrend) 1) Basic features End of an uptrend: The Head and Shoulders pattern forms at the end of a bullish phase, signaling a weakening in buying strength. Distinct peak heights: The head is always higher than the shoulders, which are generally symmetrical, though the right shoulder may sometimes be slightly lower, enhancing the pattern’s reliability. Neckline as a trigger: The neckline acts as a critical support level. A break below it confirms the pattern and signals the onset of a bearish trend. Volume confirmation: Volume increases during the left shoulder and head formations, weakens during the right shoulder, and spikes when the neckline is broken, confirming a potential sell-off. Price target: After the pattern completes, the expected price drop is typically equal to the distance between the head and the neckline, providing traders with a target. 2-1) Example 1 In this example, we see a fakeout at the right shoulder, followed by a sharp decline. After a brief retest of the neckline, the price broke through and continued its downtrend. 2-2) Example 2 In this chart, a fakeout occurred when the price dropped from the head and formed the neckline, misleading many market participants. After forming the right shoulder, the price successfully declined. There were two retests, which confirmed the reliability of the pattern. ———— 3. Reverse Head and Shoulders (Trend reversal from downtrend to uptrend) 1) Basic features End of a downtrend: The Inverse Head and Shoulders pattern typically forms at the end of a downtrend, signaling a potential reversal to the upside. Formation of lows: Like the standard Head and Shoulders, this pattern consists of three lows—left shoulder, head, and right shoulder—with the head being the lowest point. Neckline significance: The neckline is drawn across the highs of the left and right shoulders. A break above this line confirms the reversal and acts as a strong buy signal. Volume pattern: Volume tends to decrease during the formation of the pattern but surges when the neckline is broken, signaling strong buying momentum. Target setting: After the pattern is confirmed, the expected price rise is often equal to the distance from the head to the neckline, which helps traders set profit targets. 2-1) Example 1 After the Head and Shoulders pattern formed, the price broke above the neckline, successfully reversing the downtrend into an uptrend. A buy strategy would have yielded profits at the breakout point. 2-2) Example 2 In this example, a smaller Reverse Head and Shoulders pattern formed within the head of a larger pattern (see Example 3). After two successful retests, the price reversed into a strong uptrend. 2-3) Example 3 This example showcases the smaller Reverse Head and Shoulders pattern mentioned in Example 2, located within the head. After two successful retests, a buy strategy could have led to profits as the price reversed into an uptrend. ———— ✔️ Conclusion "Charts are the maps of the market." The Head and Shoulders and Reverse Head and Shoulders patterns we’ve covered in this post are key signals that frequently appear in the market. Charts aren’t random—they are visual representations of market psychology and investor behavior. As traders, our role is to interpret these maps, navigate the market, and make informed decisions. Investing is more than just buying and selling. Sometimes the market may move contrary to our expectations, while other times we seize opportunities and achieve success. Each experience is a chance to learn and grow. The more experience you gain, the more paths you’ll recognize on the chart. Success in this market requires persistence, patience, and continuous learning. Understanding and analyzing chart patterns like the ones discussed here is just the beginning. I hope this post has helped you gain a deeper understanding of the market and make more informed decisions. The market is always evolving, but within that evolution lies opportunity. The key is developing the ability to spot those opportunities. With knowledge, experience, and confidence, you’ll find greater success. Stay prepared, and always listen to what the market is telling you.
Education
by Killer_Whales
1
Key Signals Point to a Bitcoin ReversalCurrently, Bitcoin's price is hovering around a strong support level in the short term, and we're seeing early signs of a potential reversal pattern, possibly forming a macro (inverted) head-and-shoulders setup. Based on other technical indicators, this region between $47k and GETTEX:54K is likely to attract significant buying interest, positioning it as a key accumulation zone for long-term holders and institutional buyers alike. - The only thing that could stop us now is a recession, but do you think that will happen? - How many times we saw fud lately for Bitcoin, but also stocks? - Is there volatility and fear in the stock market, yes. - But when we see extreme fear. What should you do? .. I'm loading heavily on these levels. Let me explain once more the bullish fundamentals that should bring us above the ATH neckline: Institutional Adoption: Large financial institutions, hedge funds, and corporations continue to accumulate Bitcoin as a hedge against inflation and as an alternative asset class. This influx of institutional capital is providing long-term stability and driving up demand. Increasing Scarcity: With Bitcoin’s fixed supply of 21 million coins and a decreasing issuance rate due to halving cycles, the supply-demand dynamic is highly favorable. Each halving event further reduces supply growth, which has historically led to significant price increases. Inflation Hedge & Store of Value: In times of rising inflation and currency devaluation, Bitcoin is increasingly viewed as digital gold. Its decentralized nature and limited supply make it a prime candidate for capital preservation in an inflationary environment. Network Growth & Hashrate: The Bitcoin network's hashrate continues to hit all-time highs, signaling growing security and miner confidence. The expanding user base and increased global transaction volume further indicate that Bitcoin adoption is accelerating worldwide. ETF Approval: The potential for the approval of Bitcoin ETFs in key financial markets like the U.S. could lead to a massive influx of retail and institutional investment, further boosting liquidity and price discovery. Global Geopolitical Instability: Bitcoin is gaining traction as a hedge against political and economic uncertainty, with increasing use in countries with unstable fiat currencies or restrictive financial systems.
COINBASE:BTCUSDLong
by Davy_h
#GBPCAD possible head and shoulder formationAs you can see in the chart, we might be observing a potential Head and Shoulders pattern forming on the 1H timeframe in GBPCAD. Given the bearish market structure on the 4H timeframe, this 1H bullish move could be viewed as a corrective rally within the larger downtrend. Additionally, there is a bearish divergence between the left shoulder and the head, further strengthening the bearish confluence. To enter a sell position, I recommend waiting for the price to drop below the 1H EMA (blue line) and then look for a bearish setup to confirm the trade.
Short
by mohemati
Head & Shoulders pattern: 10 year yield could drop to 2.87%The series of tops shaped notorious Head & Shoulders pattern on 10-Year Treasury yield (TNX). The tallest peak is the Head and Shoulders are on both sides. The Neckline is the support that is built through valleys of the Head. The price has breached the Neckline this summer triggering the pattern bullish scenario. The target is calculated by subtracting the height of the Head (from top to Neckline) from breakdown point on the Neckline. It is located around 2.87%. Almost 1% down from the current level
TVC:TNXEducation
by aibek
BTC/USD Bearish Continuation with Head and Shoulders PatternThe BTC/USD chart indicates a continuation of the bearish trend due to the appearance of a Head and Shoulders pattern on the 1-hour timeframe. This classic reversal pattern, combined with the price breaking the neckline, suggests that more downside could be expected. 🔻 Key Pattern Insight: The Head and Shoulders pattern is a strong indicator of a potential downtrend. With the neckline already broken, the market is likely to maintain its bearish momentum. 📊 RSI Analysis: The RSI is currently in the oversold zone, indicating a possible temporary exhaustion of selling pressure. However, a confirmed bearish continuation may occur if the RSI moves above the 50 level, offering a better position for a sell entry. 📉 Target Level: I expect this downtrend to potentially lead to a price target of 54,725, which could act as the next significant support level. ---------------------------------------------------------------------------------- Additional Insights: The price is consolidating below the neckline, signaling that bears remain in control. If there's a retest of the neckline as resistance, it may offer another opportunity for short entries. Be cautious of potential short-term bounces due to the RSI in the oversold zone, but any move below 55,500 could further confirm the bearish sentiment.
BITSTAMP:BTCUSDShort
by ClearTradingMind
GBP USD Trade Setup 1 hour timeframe.Following the head and shoulder pattern formed on GBP USD last week the price has been pushing down as DXY continues bullish.. As we all know the market dose not move in a straight line up trend makes higher highs and higher lows, down trend makes lower lows and lower highs. On the 1 hour timeframe GBP USD has broken a structure level to the downside, before we can sell we need to see a pullback of the next candlestick retesting the lower low level. ⏰
Short
by OfficialUBKFX
GOLD → if the neckline breakshello guys. Inverse Head and Shoulders Pattern: The price action is forming an "Inverse Head and Shoulders" pattern, with the left shoulder, head, and right shoulder clearly marked. This pattern typically indicates a reversal from a downtrend to an uptrend. The neckline of the pattern is located around the resistance zone at approximately $2,534. Breakout Potential: The price is currently trading near the resistance zone (neckline). A breakout above this level would confirm the pattern and could lead to a strong bullish move. If the breakout occurs, the target of the pattern is set around the $2,555 level, representing a substantial upside potential. Support Levels: The key support level is near $2,495, which aligns with the head of the pattern. A break below this level would invalidate the pattern and may lead to further downside. Key Levels to Watch: Neckline Resistance: Around $2,534. Target of Pattern: Around $2,555 if the breakout is confirmed. Potential Trading Strategy: Consider entering a long position upon a confirmed breakout above the neckline ($2,534), with a target around $2,555. Place a stop-loss below the right shoulder or the head of the pattern to manage risk effectively. Overall, the chart suggests a bullish setup with a potential breakout above the neckline that could lead to a significant upward move. The Inverse Head and Shoulders pattern supports a bullish outlook as long as the price remains above key support levels. __________________________ ✓✓✓ Always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
OANDA:XAUUSDLong
by melikatrader94
4