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Head and Shoulders

G.E. Aerospace Co Stock Quote | Chart & Forecast SummarryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # General Electric Aerospace Co Stock Quote - Double Formation * Pattern Confirmation | Inverted Feature * ((Wedge Structure)) | Area Of Value | Subdivision 1 - Triple Formation * ABC Flat | Wave Confirmation | Subdivision 2 * Numbered Retracement | Entry Bias | Subdivision 3 * Daily Time Frame | Trend Settings Condition Active Sessions On Relevant Range & Elemented Probabilities; European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Buy
PEPPERSTONE:GELong
by TradePolitics
Pivot on Applied Materials. AMATMy last take on applied materials was dead wrong, but you get that - this is trading. We are still proud to boast around 65% profitable takes overall. This is a good number for retail and institutional trader alike. Brett Connelly boast a stable 54% track record in his book "Alpha Trader." But back to the idea. Head and shoulder neckline break with gap and bearish price action. Technically, a congruent flip on VZO, BB%PCT with crosses of the MIDAS line. More bearish moves likely to follow.
NASDAQ:AMATShort
by Rykin_Capital
$BEKE Inverse head and shouldersKE Holdings Inc. is a publicly traded Chinese real estate holding firm that offers a comprehensive online and offline platform for housing transactions and related services through its subsidiaries. It stands as the largest online real estate transaction platform in China. Investors commonly refer to the entire operation as "Beike." The company has garnered financial support from major players like Tencent, SoftBank Group, and Hillhouse Investment. In August 2020, KE made its debut on the New York Stock Exchange (NYSE), successfully raising $2.12 billion during its initial public offering. On its first trading day, the stock soared by 87%, bringing the company's valuation to nearly $40 billion. By May 2022, KE expanded its reach by becoming a dual-listed entity, adding its shares to the Hong Kong Stock Exchange. KE operates two primary businesses: Lianjia and Beike. Lianjia functions as a real estate agency, while Beike serves as an online platform that connects customers with estate agents, including Lianjia. Lianjia is often likened to Redfin, whereas Beike is compared to Zillow. The company is divided into four key business segments: 1. Existing home transaction services 2. New home transaction services 3. Home renovation and furnishing 4. Emerging and other services
NYSE:BEKELong
by BallaJi
Aon plc Stock Quote | 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 # Aon plc Stock Quote - Double Formation * 012345 Wave Feature | Subdivision 1 * 1st Retracement | 1.618 Area - Triple Formation * Pattern Confirmation | Inverted | Subdivision 2 * 2nd Retracement | Long Support & Entry Bias | Subdivision 3 * Daily Time Frame | Trend Settings Condition Active Sessions On Relevant Range & Elemented Probabilities; European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Buy
PEPPERSTONE:AONLong
by TradePolitics
Going nowhere can be profitable - Long at 454.61FDS has disappointed the buy and hold crowd over the past year. In the last 356 days (it was a leap year), it has gone up a total of around .22% - basically nothing. It has given me a bunch of profitable trades, though, and it's giving me another one today. While it has done basically nothing overall, all those zig-zags along the way are where my excess return lives. Stock returns like this one over the course of the past year can be both gut-wrenching and frustrating. It was charts like this one (and owning the stocks behind them) that was a big part of what motivated me to develop the trading system I now rely on almost exclusively (except for some fun day trades). In over 800 actual and backtested trades, it has generated a per day held return 4x that of SPY's long term average daily return. In the large/mega cap universe, that has made it historically a top 10% stock for me. The fact that there is support nearby is nice. Or, you could say it's forming a decapitated head and shoulders too - an almost perfect one if you don't care about the head. That could be a cause of concern, I suppose. In the end, though, through all the ups and downs of the markets and the stock, all the trends and chart patterns, I go back to the data. Does past performance guarantee future results? Well no...but over 1.2 million trades worth of data sure does help me sleep at night while the trade is on, that's for sure. To be in the top 10% of that much data says something about FDS and its reliability of returns. I trust that data and it has certainly earned my trust since I started trading based on it. As I developed this system and saw what happens when you use large amounts of data to drive trading decisions, I understand much better the tech world's fetish with big data now. It works. It makes me wonder if there's big data out there on head and shoulders patterns (head included) and things like trend lines and support and how predictive those signals really are. Alas, that's a job for someone else. I've done (and continue to do) the data crunching for my system, because I believe in the predictive power of that data - and that's the real reason I went long FDS at the end of the day today. Per my usual strategy, I'll add to my position at the close on any day it still rates as a “buy” and I will use FPC (first profitable close) to exit any lot on the day it closes at any profit. As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.
NYSE:FDSLong
by redwingcoach
6
MEUSDT Ready to Explode or Another Bull Trap?Yello, Paradisers! Are we about to witness a strong bullish reversal on MEUSDT, or is another trap being set? Let’s break it down. 💎MEUSDT has formed a well-structured ending diagonal with a clear 5-wave pattern, increasing the probability of an upcoming bullish move. Additionally, the inverse head & shoulders pattern, combined with bullish divergence, further supports a potential reversal. However, for confirmation, we need a decisive breakout and candle close above the key resistance zone to increase our odds. 💎In case of a retracement or panic selling, we are eyeing a bounce from the major support zone, where a potential double-bottom formation could play out. But to strengthen the bullish case, we need to see bullish I-CHoCH (Internal Change of Character) or a W-pattern forming on lower timeframes. 💎On the flip side, if MEUSDT breaks down and closes candle below the major support zone, it will invalidate our bullish outlook. In that scenario, waiting for stronger price action and a more favorable setup would be the best approach. 🎖Patience and strategy are key, Paradisers! Rushing into trades without confirmation is a sure way to get trapped. Play it smart, stay disciplined, and wait for high-probability setups. That’s how you win in this market! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
4
Japanese strength under construction with CAD Weakness looming?Hi Traders, I'm back with an interesting take on CAD/JPY . This pair has surged 1% today, reaching the highs last seen on February 6th . From a fundamental perspective, the Bank of Japan (BOJ) is expected to announce a rate hike this week , with markets already pricing in two 25bps increases by the end of 2025 —the first of which is expected imminently. Trade Policy Developments: Recent statements from the U.S. administration suggest plans to impose a 2 5% tariff on imports from **Canada and Mexico**. This could put pressure on the CAD , particularly against the JPY, as investors seek safe-haven assets. Technical Outlook: Looking at the charts, price is currently trading around a minor psychological level of 107.750 , which is where I've entered for some swing shorts. We also have a massive Head and Shoulders pattern forming, which, if confirmed, could drive prices lower. My attractive target for this setup is 100.000 —a major barrier that could act as a strong support zone. Risk Management: The main risk in this trade is that we haven't fully broken the Head and Shoulders neckline yet , which could serve as a strong support. A fundamental catalyst might be needed to break this level. For risk allocation, I’m allowing price to move up to 108.800 before cutting losses. Until then, I'll be monitoring price action closely. As always my friends, manage your risk and trade smart . Stay safe out there! Yours truly, Tradebudz
Short
by Tradebudz
Bitcoin: Promising Patterns and Potential BreakoutBitcoin's recent price action has been nothing short of captivating for traders and analysts alike. On the daily chart, we've observed the formation of an Inverse Head & Shoulders and a Cup & Handle pattern, both of which have now transitioned into a Bull Flag. These bullish signals suggest a strong potential for upward movement. Zooming into the 4-hour and 1-hour charts, we can see prominent Ascending Triangles taking shape. These patterns are often harbingers of significant breakouts, and it appears that Bitcoin is winding up for a substantial move. Moreover, when utilizing a Trend-based Fibonacci Extension on the daily timeframe, the golden pocket points to a target of $126k, with the next pocket at $185k. This aligns with historical data and technical indicators, suggesting that Bitcoin might be poised to rewrite history once again. Stay tuned as we monitor these developments and anticipate what could be a historic breakout for Bitcoin!
Long
by impossiblebull