rezusdt 4H longThis is my first try. It looks like me to reverse heads and shoulders pater - higher low, lower low, higher low. So I see it as a Long. I am not professional traider it is just for educational purpose. Please comment your thoughts.
Head and Shoulders
head and shoulder at $2500since price hit 2500 for first time on last friday
gold is sideways but it has made this head and shoulder pattern with yellow line working as neckline of pattern .
first intraday support 2480
yellow line intraday resistance
Oil/Gold vs SPX/CPIUCSLThe chart of OIL/GOLD shows that the price of oil in terms of gold has been fluctuating within a channel since the US broke the last bretton woods agreement in the 70's. Since then we can see periods in which oil is expensive and periods in which oil is cheap in terms of gold, right now it's the cheapest it has been (excluding pandemic madness in 2020) and if you believe in head and shoulders you can see a second shoulder forming; so in the following years we could see a bounce and it may be agressive, if that's the case stocks will suffer in real terms. Could something have changed and the price will stay low for many more years, maybe, but I think it's something we have too keep in mind.
Inverted HS early entryApparently the support is holding. I think is going to test the 12 level resistance and it might break it out. But for now 12 is my target. Look how tight is my SL, it triggers only if a daily candle break down the trendline.
NG1! Natural Gas Futures Inverse Head & Shoulders “variant”Inverse Head & Shoulders “variant”. Expansion bar off of the midpoint of prior structure. Long above short below. Bias 1.412/1 Buyers. See lower time frames for possible lower risk entry.
TRX Tron Monthly Ascending Triangle BreakoutTRX Tron about to breakout of a giant ascending wedge on the monthly charts. Correlation to bitcoin at the lows, TRXBTC ratio forming massive bottom signals. Volume trend in line with breakout timing.
Some huge stats that are going to catch people off guard, leading to strong price action once this breaks out:
1) Google is now voted in as 1/27 super validators on the network
2) Total volume surpassing visa network with onchain volume nearly the 50% mark
3) Most active users of any chain
4) USDT (stablecoins) as "killer app". US Gov realizing that major countries are no longer buying T-Bills (and actually selling them) while stablecoins continue to drive huge demand from the developing world
5) The only chain with actual FREE transactions if you stake enough TRX
6) The only deflationary chain with a 6 year proven record and 0 downtime or failing transactions
USDCAD - Head and Shoulders Hello Traders !
The USDCAD reached the resistance level (1.39780 - 1.38811).
The price formed a head and shoulders pattern.
Currently, The neckline is broken !
So, I expect a bearish move 📉
__________________
TARGET: 1.36750🎯
Daily H&S with fib completion on right shoulder region
Head and shoulders on weekly and daily.
Bullish M Fib completion lines up perfectly with the left shoulder level, expecting price
to form a right shoulder and reverse to the downside
will look for sells from the blue box to the downside.
Amateur vs. Professional GapsWhen analyzing gaps on a chart, the key question to ask yourself is this:
Did this gap result from amateur traders reacting emotionally, either buying or selling?
Or was it the professional traders, who base their decisions on logic rather than emotion?
To determine this, there's a crucial concept you need to grasp first...
Professional traders buy after a wave of selling and sell after a wave of buying.
Amateur traders, on the other hand, do the opposite! They see a stock rising and, driven by fear of missing out, rush to buy – right when the pros are preparing to sell.
dollar collapse in dollar before election dollar is collapsing to all time low in gold from $1810 to 2500 level
price has made head and shoulder chart pattern
now price breaking neckline as based on friday closing price
Reverse H&S to new ATH $SPY $SPX /ES S&P.Reverse H&S to new ATH
AMEX:SPY SP:SPX /ES S&P.
After this sharp move up, we must get a small pullback (Right shoulder), then continue higher.
EUR/USD Prediction - Next Week EUR/USD - Week of Aug 19-23
Prediction - SELLING to Midline (~ 1.0940)
Reason - (1) Price has recently tested and was rejected at the top of the current price channel;(2) a clear H/S level coincides with the top of the current price channel, adding additional resistance; (3) in the recent past, price has respected the limits of the price channel, and without significant economic data scheduled to be released Mon - Wed, price lacks a fundamental driver to move higher; (4) for the same reason mentioned above (3), price also lacks a fundamental driver to move all the way to the bottom of the channel.
Caveats - Any surprise sociopolitical or economic development between now and Thursday (Aug 22) overrides the technical analysis described above. Furthermore, the two significant economic releases this week - EUR PMI (Thur) and USD Fed Speech (Fri) - override the above technical analysis. As such, the above technical analysis becomes obsolete on Thursday at the time of the EUR PMI release (3:30AM EST).
*** FOR EDUCATIONAL PURPOSES ONLY - Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. ***
ROUDING BOTTOM/ HEAD AND SHOULDDERS - MOLRounding Bottom/ Head and Shoulders Observed in MOL
1. RSI > 50
2. RS(NIFTY 50) > 0
ENTRY - 90.15
TGT - 103-105
SL - 83
Watch Key Levels (SEARL)ou can closely watch the levels I've mentioned on the chart via the text. Before a breakout or breakdown, consider playing within the range with a stop-loss. If a breakout (BU) or breakdown (BD) occurs, check other supporting indicators or parameters before executing your trade. Always conduct your own research before making any decisions.
Break of 15m/30m Rising channel or uptrend. also H&S pattern.We can see a break of the mornings rising channel, and a head and shoulder pattern forming on the 15m and 30m timeframe.
Could potentially see a swing to the downside which acts as a retracement of the bigger upward move.
Risk Reward 500 Pips stop loss for a potential 1500 Pips take profit and or 2500 Pips take profit.
Should the whole trading plan play out, you can get up to a 4500 Pips take profit.
Scouting the London Kill Zone.Price unfolds a HTF charge in bias, which continues the buy trend from previous day. And there’ a large sum of Liquidity above current price. Therefore, we’ll close today’s price above current price.
EURNZD Overextended Re-entry OpportunityJust re uploading my idea on EN in hopes to clarify. Price shot up high, then dropped. It went up again, then dropped again, and now going up a third time. Each of the highs gives a chance to enter the trade. Profit target stays the same no matter which entry I would have used, so whether on the first, second, or this third move up, I still think of it as the same trade. I entered and added to position already.
Bitcoin Analysis==>> Reversal Patterns==>>(Short term)Bitcoin moved as I expected in the previous post .
Bitcoin is currently moving in the Support zone($60,800-$56,700) and near the Support lines .
In terms of Classic Technical Analysis , Bitcoin seems to have succeeded in forming a Falling Wedge Pattern , and an Inverse head-and-shoulders Pattern is possible .
Also, we can see Regular Divergence(RD+) between Consecutive Valleys.
I expect Bitcoin to rise to at least near $60,000 .
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
$MDT Inverse Head and Shoulder??NYSE:MDT
Dividend: Medtronic has a forward dividend yield of about 3.41%, which might attract investors looking for income from their investments.
MDT appears to be in a slightly bullish to neutral phase.
isec head and shoulder formationin this stock as per my study it gives us good head and shoulder pattern breckout. it increase good volume with breckout....
USDCHF: 2 Bearish Patterns 🇺🇸🇨🇭
I see 2 bearish patterns on USDCHf on a 4H time frame.
First, the pair broke and closed below a support line of a rising wedge pattern.
Then, a neckline of a head & shoulders pattern was broken.
Probabilities are high that the fall will continue now.
Next supports: 0.8585 / 0.852
❤️Please, support my work with like, thank you!❤️
CRV — Ready For A Free Fall? CRV is currently trying to stay above the neckline of a head and shoulders pattern on the 1H chart.
A break below the neckline will inevitably trigger downtrend momentum and send the price toward 0.25 (or lower).
Especially if the broader market turns red during the next hours, CRV will be in massive danger.
Therefore, watching the neckline and shorting once it breaks below is certainly an option. However, due to today's volatility, such a trade bears a higher risk level and should only be executed with a tight stop loss.
