For now SOLUSD is retesting invh&s neckline as precise supportA good sign that the bottom could potentially be in. Of course there’s always the possibility of some sort of unexpected bald swan to dump the market much further, but even then that could be such a temporary occurrence that by the time the weekly candle closed it still closed the candle body above this neckline. At the bare minimum I get the vibe that at least the monthly candle body can maintain this neckline as support, but we will find out soon enough. *not financial advice*
Head and Shoulders
Gold Next Move 2492! read caption OANDA:XAUUSD is trading in parallel channel from last 2 months in H4, as you can see in chart gold is fully bearish till 2565 , all chart patterns bearish, fundamentally also bearish, gold can give possible move of 2561 if gold break it down and continue its trend then we can also see 2492 in gold. we will look good buying opportunity in gold from 2492 for now gold is sell. always use proper stop loss with fund management. all the best traders follow me and share my idea to your friends and family
Bulls & bears struggling to take controlAfter a wide bearish trend that toke control since Sep 25th to push down the euro prices to reach 1.03314 as the lowest price for 2024 so far, the bulls are trying to get back control to push the price up, as the chart shows during this struggling the formation of a reflecting pattern "Head & shoulders" for the bearish trend which will be confirmed by stabling above the patterns "Neckline".
If the bulls succeeded to keep the price above the neckline then we may see an increase for the price that may target 1.07000 area.
Otherwise if the bears still in control and the price broke the years low then its more likely to target lower supports that may hit 1.02325
Alikze »»CAKE | Reverse head and shoulders pattern🔍 Technical analysis: Reverse head and shoulders pattern
- In the previous analysis , it was mentioned that a head and shoulders pattern was formed, that the last correction log can extend to the range of 1.17.
- As mentioned, it is moving in a descending channel.
- Demand was met at the bottom of the descending channel and the range, which experienced a growth up to the top of the channel and the broken zone.
- Currently, in weekly and daily time, in addition to the descending channel, it is in a concentration.
- In addition, it is suspected that the head and shoulder pattern is the opposite. Therefore, I expect it to advance to the supply zone after the last bearish leg and the right shoulder are completed, out of congestion.
💎 Note: It is necessary to explain that the right shoulder should not be extended to the previous area, in which case the alternative scenario should be checked and the post updated.
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BINANCE:CAKEUSDT
Head and Shoulders, Does it Break Higher for the 100K!Bitcoin is showing a head and shoulders pattern, signaling a move could be coming—likely within hours. The pattern suggests a move higher, with Bitcoin targeting the $100,000 level. Traders should monitor volume; a confirmed breakout could mark the next rally. Stay sharp
Carbon Emissions - Dec 2024 | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Carbon Emissions - Dec 2024
- Subdivision | Uptrend Bias | 012345
- Wave Structure | Set Up Alignment
- Support=0 | 012345
- Wave 3 | Awaiting Target | Trend
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
Gold 15minGold trading in india in hindi for beginners chest workout and I am in hindi for beginners chest workout for beginners chest workout for men and I am not promoting the Best trading strategy in the world and I am not able for the same I am not promoting the same I am not promoting anything for me to get that account back to you in the world and the same time, auto key suggestions 😁
Inverted head and shoulder on $ASHOKLEYNSE:ASHOKLEY
The chart shows that a beautiful inverted head-and-shoulders pattern has been formed on $NSE:ASHOKLEY.
Before pattern formation, there was a downtrend in the stock.
This is a reversal pattern.
Some of the key ratios:
ROCE: 15.0 %
ROE: 28.4 %
RoA: 4.42 %
EPS: 8.95
Stock P/E: 25.5
Industry PE: 18.8
PEG Ratio: 6.30
Disc -
1. I don't have a position in it yet, but I will build one today.
2. For educational purposes only.
SQ - wait for discountSQ - pulling back into buy zone. Wait for around 50ish.
Earnings in couple of weeks, I bet this will reach the buy zone before that. If earnings beat with strong forecast, can push this higher.
Stop Loss - 40
Long entry - 50-54
Target # 1 - 100
Target # 2 - 130
Target # 3 - 150
8200: Bullish_Inv. H&S_HH, HL FormationContinuous HH, HL formation
Price is showing few chart patterns (Inv. H&S, Ascending parallel channel)
Continuously forming HH, HL
Daily timeframe shows breakout of parallel channel
A correction can be expected which will be allow entry at better price.
trade with proper risk management.
Don't forget SL
Polkadot working on an invh&s and a double bottomThis inverse head and shoulders pattern almost got nullified when price starting heading back towards the head but since price never went below the head it’s surprisingly still in play. It also got low enough to the head to create a double bottom pattern n the process. The double botto pattern has an even higher neckline than the inverse head and shoulders and thus a higher breakout target. *not financial advice*
XDC working on a double bottom/invh&s combobreakerAfter some very bullish priceaction over on the 1day chart, coinciding with the 1day chart’s golden cross, :
XDC has now found itself above the weekly 200ma (blue line)show on this weekly timeframe man idea I posted at the top of this page. Once it can solidify support on the weekly 200ma it should then break above both the tan trendline(inverse head and shoulder neckline) and the green trendline(double bottom neckline) once it hits the top target for the double bottomsbreakout XDC will then have made over 800% gains since the bottom of the market where it was trading at just below 2 cents. Now that it has gotten the same daily chart golden cross springboard launchpad several other alt coins have gotten I think it will reach these targets sooner rather than later. *not financial advice*
XDC working on a double bottom/invh&s combobreakerAfter some very bullish over on the 1day chart coinciding with the 1day chart golden cross:
XDC has now found itself above the weekly 200ma (blue line)show on this weekly timeframe man idea I posted at the top of this page. Once it can solidify support on the weekly 200ma it should then break above both the tan trendline(inverse head and shoulder neckline) and the green trendline(double bottom neckline) once it hits the top target for the double bottomsbreakout XDC will then have made over 800% gains since the bottom of the market where it was trading at just below 2 cents. Now that it has gotten the same daily chart golden cross springboard launchpad several other alt coins have gotten I think it will reach these targets sooner rather than later. *not financial advice*
Yet another golden cross spring board in the alt marketThis tie it was litecoin who’s price took off and broke above it’s chart pattern right when the golden cross occurred. Further adding probability to my hypothesis that golden crosses during the second parabolic cycle of a bull run tend to have their intended impact immediately rather than taking a few days-weeks to confirm like they do during the other market phases. *not financial advice*
LTC Breaking above tan invh&s neckline, right on goldencrossI have the weekly chart timeframe selected here simply because I needed to expand the timeframe on the chart to be able to fit both inverse head and shoulders patterns and their respective breakout targets in the frame. Wanted to put the timeframe on the daily chart so. Could show once again how these recent crypto pumps have all being launching on the exact day that the Daly golden cross occurs. I will post. Daily chart version of this as well that zooms in on the golden cross and subsequent priceaction and link it below. Anyways it looks like on this 2nd breach above the tan neckline that Litecoin is likely to finally trigger a breakout ths go around. If so the highest measured move target is in the $170s here, and reaching it will obviously also allow us to hit the white inverse head and shoulders breakout target too on the way there. In order to ensure that price acton doesn’t dip back below the tan neckline for a second time, it will need to flip the weekly 200ma(blue line) to solidified support once that happens I think it will definitely confirm the breakout at that point. Alt season has officially began! *not financial advice*
2 overlapping invh&s patterns on the weekly logchart for XLMThe inverse head and shoulders with the yellow neckline is the same one that is on the linear chart, however on the log chart you get a much higher target of around 44 cents. Reaching that target will also push price above a second bigger inverse head & shoulder neckline (in green) which once that one validates its breakout, it’ll have a full target of around 81 cents. Watch for the weekly 200ma(in blue) to hold support here if so not a bad place for an entry, if not retesting the yellow neckline or even throwin a wick or few back below it is not impossible and would create other good small entry opportunities as well. *not financial advice*