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Head and Shoulders

GOOGLE: Where are they going after earnings? Let's talk about itWHERE WILL GOOGLE GO AFTER THEY REPORT EARNINGS ON TUESDAY?! NASDAQ:GOOG NASDAQ:GOOGL In this video, we will review 3 key items that give us the best probability of predicting where they will go. 1⃣ See if it meets my "High Five Setup" trade strategy 2⃣ Why it's BUY according to my Valuation Metric Tool (6/6 score) I WANT A DIP! 3⃣ Look aHEAD to find out 👇 Video analysis 4/5. Stay tuned!🔔 Like ❤️ Follow 🤳 Share 🔂 Is this MAG7 name finally going to play catchup to its siblings? Drop a comment below. Not financial advice.
NASDAQ:GOOGLong
by RonnieV29
4
GOLD (XAUUSD): Your Trading Plan Ahead of FED Ahead of FED Powell Speech today, Gold finally stopped falling. For now, a key daily support that the price tested earlier holds. To catch a pullback trade from that, pay attention to an inverted cup & handle pattern on an hourly time frame. Wait for a bullish breakout of its neckline - an hourly candle close above that will give you a strong bullish signal. A pullback will be excepted at least to 2580 level then. Alternatively, a daily candle close below the underlined daily support will be a strong bearish signal. ❤️Please, support my work with like, thank you!❤️
OANDA:XAUUSDLong
by VasilyTrader
3
MNTUSDT on the Verge of a Major Breakout or Breakdown?Yello, Paradisers! Are you ready for a potential bullish breakout? 🧐 💎MNTUSDT has just broken through a critical resistance trendline and formed a textbook Cup & Handle pattern—a strong signal that a bullish reversal could be brewing. 💎If MNTUSDT breaks out and closes a candle above the resistance zone, it will confirm the pattern, increasing the probability of a strong bullish move. 💎Should we see a pullback, expect a bounce from the support zone. But remember, we need to see I-ChoCh confirmation to strengthen the odds in our favor. 💎On the flip side, if MNTUSDT breaks down and closes below the support zone, this would invalidate our bullish setup. In that case, patience is key—we’ll wait for a more favorable price action before making our next move. 🎖 Staying disciplined and waiting for the right confirmation is crucial for long-term success. Don’t chase trades—wait for high-probability setups to play out. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
2
ZILUSDT: Massive Breakout Ahead or Bullish Trap? Yello Paradisers! Is ZILUSDT about to break out, or should we prepare for a retracement? 🚨 Let's dive into the latest technical setup that could potentially set the stage for a big move. 💎ZILUSDT has approached its resistance trendline, showing a bullish CHoCH (Change of Character) while forming an inverse head-and-shoulders pattern with a bullish divergence. These signals combined significantly increase the probability of a bullish continuation. 💎If ZILUSDT breaks out and closes candle above the resistance zone, this will validate the inverse head-and-shoulders pattern and confirm a higher probability of a bullish move. 💎On the flip side, in case of a retracement, we can expect a bounce from the support zone. To strengthen the odds in our favor, we will need to see a bullish I-CHoCH on the lower timeframes before considering an entry. 💎However, if ZILUSDT breaks down and closes candle below the support zone, this will invalidate the bullish outlook entirely. In that scenario, it’s wiser to wait for better price action to form before making any further moves. 🎖As always, patience is key. Stay disciplined and stick to your strategy, and remember – we only act when the market confirms our setup. Keep it smart, Paradisers! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
10
Is SUI the chosen Blockchain of the Banana ZoneThere is a well-defined inverse head and shoulders pattern forming on the CRYPTOCAP:SUI to CRYPTOCAP:SOL USD ratio chart. The neckline sits at 0.16, a level we recently touched and then pulled back from, marking it as a significant barrier to overcome. Our linear target is set at 0.0282, indicating a notable potential increase of +83% on the ratio. Looking further ahead, the logarithmic projection reaches up to 0.064. At that stage, we can imagine our friend Raoul Pal celebrating in triumph.
COINBASE:SUIUSDLong
by BallaJi
2
SILVER (XAGUSD): Important Resistance Ahead! Your PlanSILVER is currently testing a significant area where a daily horizontal resistance meets a descending trend line. Depending on how the price reacts to this zone, there are two possible scenarios. In a bearish scenario, traders should look for a 4-hour candle to close below the resistance level on a 4-hour timeframe before selling the market. If an engulfing candle forms and closes below 30.65, a bearish trend towards the 30.00 psychological level is anticipated. On the other hand, in a bullish scenario, watch an inverted head and shoulders pattern on a 1H time frame. 30.92 is its neckline.a breakout above the highlighted blue area and an hourly candle closing above it would signal a strong bullish move with potential for further upward movement. Important fundamental news expected today could act as a catalyst for a breakout in either direction.
TVC:SILVER
by linofx1
3
GOLD TF TRADEPair: XAUUSD Trade Opportunity: Sell Type: Scalping I am expecting a trend-following bearish trade. The market is moving overall in a pattern of lower lows and lower highs on the daily chart. Recently, it broke the support level from October 9 to the downside last night, and now it is retesting this support level, which we now view as resistance after the breakout. On the 15-minute chart, a head and shoulders pattern has formed, with the neckline already broken to the downside, and it is currently being retested. Entry 2606.72 Sl 2614.30 Tp 2597.21 & 2593.21
OANDA:XAUUSDShort
by ArtOfTrading33
Crude Oil Alert: Potential Price Drop if $66.40 Support BreaksTechnical Analysis: Bearish Indicators for Crude Oil On the 4-hour chart, crude oil has formed a Head and Shoulders pattern, a classic reversal signal indicating potential downward movement. The neckline is established at $66.40 per barrel. A decisive break below this level could trigger further declines, potentially leading to a significant drop in oil prices. Fundamental Factors Reinforcing the Bearish Outlook OPEC's Demand Forecast Reduction: OPEC has revised its global oil demand growth forecasts for 2024 and 2025, citing economic weaknesses in China and India. This marks the fourth consecutive downgrade for 2024, with demand now expected to rise by 1.82 million barrels per day (bpd), down from the previous forecast of 1.93 million bpd. Saudi Arabia's Reduced Supply to China: Saudi Arabia plans to decrease its crude oil supply to China in December to approximately 36.5 million barrels, the lowest since July, due to weakened demand from the world's largest importer. Saudi Aramco's Profit Decline: Saudi Aramco reported a drop in third-quarter profit to $27.56 billion from $32.58 billion a year earlier, attributed to lower oil prices and weak refining margins.
TVC:USOIL
by ClearTradingMind