NEM H&SThis looks like an inverted Head and Shoulders doesn't it?
I wouldn't be surprised if this right shoulder had a double-bottom.
Head and Shoulders
US Big Tech (FAANG) 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
US Big Tech (FAANG) Quote
- Double Formation
* (Open Trade)) | Completed Survey | Inverted Pattern Confirmation
* ABC Flat | Continuation Area | Subdivision 1
- Triple Formation
* Numbered Retracement | Uptrend Bias & Entry Settings | Subdivision 2
* Trendline 1, 2 & 3 | Support & Resistance | 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
GBPNZD: Explanation of the Bearish PatternGBPNZD recently reached a key resistance level and formed a head and shoulders pattern.
Last week, the price broke below the neckline and is now retesting it, showing a strong bearish response.
Selling pressure seems to be building, suggesting a potential downward move soon.
The target for this decline is around 2.1803.
LINK's bearish movement!BINANCE:LINKUSDT
LINK is crafting a Head and shoulder pattern which is of course a bearish pattern!
The right shoulder is yet to come but when it happens, and the support line is lost, we shall see the price decrease massively!
expected targets:
14.07
12.82
Last target and also a hard support:
10.11
Note that the price will NOT decrease unless the support line is lost!
For now It shall ascend once again!
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This is not financial advice. Always manage your risks and trade responsibly.
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EURUSD Intraday trade idea 10/02/2025EURUSD’s head and shoulders pattern is playing out as expected. I’m looking for continued sells if we retest 1.03500 and fail to break or if we get a clean break below 1.02700. The intraday target remains 1.01800 before reassessing the overall structure. Keeping an eye on price action for confirmations.
Silver | iHnS Pattern $36Buyers aren't doing too bad as we approach the mean but it looks like it's time for sellers to show what they got for a nice pullback
With a similar inverted head and shoulders pattern to what we saw in August of last year I would expect a SMA/liquidity pullback to the $30.50 break, and then a continuation towards trendline resistance for a target of $36.
GBPNZD: Bearish Pattern ExplainedGBPNZD recently hit a significant level of resistance and then formed a head and shoulders pattern.
The neckline of this pattern was broken last week and the price is now retesting it and we're seeing a positive bearish reaction.
It appears that selling pressure is accumulating, indicating a potential bearish move in the near future.
The target for this move is around 2.1803.
Head and shoulders with open gapThis is not a good look. Just putting it nice. I see a gap full coming up.
AUDUSD MIGHT POSSIPLY FORM A HEAHD AND SHOULDER AT THE SUPPORT LThe Australian Dollar to US Dollar (AUD/USD) exchange rate is currently facing downward pressure, with a bearish outlook prevailing as long as the 0.6329 resistance holds ! The pair has been declining since reaching a high of 0.6941 in 2024, with a medium-term target of 0.5806, representing a 61.8% projection of the decline from 0.8006!
Recent market analysis suggests that the AUD/USD pair may retest the 0.6087 low, with a break below this level potentially leading to further declines ! On the other hand, a firm break above the 0.6329 resistance could trigger a stronger rebound. The Reserve Bank of Australia's (RBA) interest rate decisions and the US Federal Reserve's monetary policy will likely influence the AUD/USD direction in the coming weeks. we might see inverse head and shoulder on the support level.
AUDUSD MIGHT POSSIPLY FORM A HEAHD AND SHOULDER AT THE SUPPORT LThe Australian Dollar to US Dollar (AUD/USD) exchange rate is currently facing downward pressure, with a bearish outlook prevailing as long as the 0.6329 resistance holds ! The pair has been declining since reaching a high of 0.6941 in 2024, with a medium-term target of 0.5806, representing a 61.8% projection of the decline from 0.8006!
Recent market analysis suggests that the AUD/USD pair may retest the 0.6087 low, with a break below this level potentially leading to further declines ! On the other hand, a firm break above the 0.6329 resistance could trigger a stronger rebound. The Reserve Bank of Australia's (RBA) interest rate decisions and the US Federal Reserve's monetary policy will likely influence the AUD/USD direction in the coming weeks. we might see inverse head and shoulder on the support level.
Bitcoin to the moon?Bitcoin-Gold Ratio.
If you are going to trade with the big boys, there seems to be a good chance!
An inverse head and shoulders pattern!
What is this chart telling us? this chart is signaling a prolonged bull run (a protracted wave).
(what it might lead to) as a result: Gold could drop 80% against Bitcoin!
Remember, the market (pattern!) does not care what you think.
BTC = $ 96450
Gold = $ 2860
Feb 9, 2025
Appendix
The fat years
SMCI - Super Micro Computer, Inc.Super Micro Computer, Inc. engages in the distribution and manufacture of information technology solutions and other computer products. Its products include twin solutions, MP servers, GPU and coprocessor, MicroCloud, AMD solutions, power supplies, SuperServer, storage, motherboards, chassis, super workstations, accessories, SuperRack and server management products. The company was founded by Charles Liang, Yih-Shyan Liaw, Sara Liu, and Chiu-Chu Liu Liang in September 1993 and is headquartered in San Jose, CA.
How High Can BITCOIN go versus GOLD (sorry uncle Peter Schiff)One of the frequent topics of discussion revolves around the legitimacy of this pattern. There’s a widespread misunderstanding about the continuation type of the Head and Shoulders (H&S) pattern.
Indeed, it is a valid and dependable chart pattern.
Let’s explore this often-recognized chart pattern in more detail.
The Head and Shoulders chart pattern can manifest as a continuation on price charts. In an uptrend, a continuation H&S will closely resemble a H&S bottom, while in a downtrend, it will look like an inverse H&S. The implications and interpretations of a continuation H&S are generally consistent with those of reversal patterns. Price targets can be established in the same manner as they are for reversal patterns.
When a head and shoulders continuation forms during an uptrend, it typically breaks out to new highs once the pattern is completed. Breakouts to all-time highs from bullish continuation patterns are often reliable and robust.
Edwards and Magee highlighted the H&S continuation in their book, "Technical Analysis of Stock Trends," back in the 1930s. The pattern remains largely unchanged in today’s price charts.
GBPNZD Short I would like to take a shirt at the level with 15 pip stop loss and a target of 90 pips reward, this week we are currently up 170 pips, see if we can get some more pips! before the end of this week
USDCHF trade IdeaUSDCHF was on a downtrend before but then reversed and broke structure. It's now giving us what seems to be a head and shoulders. Anticipating for the market to continue going to the upside
Gold’s Price Action: New Highs or Correction Ahead?Yesterday, gold reached yet another all-time high, slightly above 2,880.
However, the price quickly dropped by 200 pips, finding support at 2,660.
Since then, gold has been consolidating, but a correction appears to be looming.
In the posted 30-minute chart, we can see a small head-and-shoulders pattern forming.
A break below the newly established support and the neckline of the pattern could lead to a further drop to 2,640.
Although trading at this stage is extremely risky, I believe gold is more likely to correct at this point rather than make a new ATH.
GOLD (XAUUSD): Bearish Reversal at Trend LineGold has reached a key ascending trend line on the 4-hour chart.
After a strong bullish rally, the market seems overbought, and a head and shoulders pattern on the 1-hour chart indicates weakening buyer momentum in the short term.
A retracement to 2844 is expected.
GOLD (XAUUSD): Bearish Reversal From Trend LineGold reached a significant rising trend line on the 4-hour chart.
Following a strong bullish movement, the market appears to be overbought, and the formation of a head and shoulders pattern on the 1-hour chart suggests weakness from buyers in the short term.
I anticipate a retracement to 2844
Reversal in progress?Is NESF starting to complete the Head phase of an inverse H&S pattern?
Still no end to the downtrend yet.
Probably need to wait another 12 months to see.
If the BOE further reduce interest rates, this will help its cost of capital.
XAUUSD form Head and Shoulder PatternGOLD forms a head and shoulder pattern and broke the support line. It's expected to retest the resistance before going down further
GOLD need seems sell correction
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AUDCAD H&S PART 2I've already shared my analysis yesterday but the market didn't respect the Neckline so the trade was cancelled with no entries
Now our best move would be to wait for the breakout of the New low this will confirm sellers are in control and the market will drop, meaning we can place our sells there
comment below if you want me to elaborate more
Dogecoin (DOGE): Head and Shoulder To Form, Get Your Heads ReadyDoge Coin has a nice possibility to form the H&S (not the shampoo brand), so with any delays, go watch the video and see where our target is for now. Great chance to get at least 3 trades here so now we wait for confirmations!
More in-depth info is in the video—enjoy!
Swallow Team
