Head and Shoulders
Lets bake a Bake, shall we ?This is some futuristic, optimistic, lunatic, crazy idea. but who know ? lets follow up the opportunity.
Targets are really promising. Seer indicator is also leads in the long position already. Just need to follow up.
SRSI and also RSI is also in a condition where we can able to reach these targets.
WHY USOIL MIGHT CRASH TO $50 BEFORE 2025(LONG-TERM ANALYSIS)From our top down Analysis last month of June 8th 2024 I gave the overall market flow of the TVC:USOIL you can the multiple head and shoulders pattern form signaling an end to the bullish trend form on a monthly timeframe. We might see further downside once this trend Retraced back into that yellow zone. Profit target $72 - $64/barrel
WATCH FOR NEXT BIG MOVE FOR DOW JONES COMING DAYS!!🚨 US 30 HIGH PROBABILITY BUY SETUP SOON 🚨
* Here We Can See Clearly The Next Potential Move For Dow 30 In Coming Days.
* Here We Can See Clearly US 30 Is Forming Inverse Head & Shoulder Reversal Pattern.
* Keep Your Eyes Close On Your Trading Positions.
* Happy PIP Hunting Traders.
* FXKILLA *
ADD DARK MAGA $DMAGA on to your WatchlistInteresting structure
and action on this S coin on #solana
Elon very briefly changed his X pfp to the dark maga colours
if thats all you need for a fundamental reason ... thta's a pretty good one
But on a technical level we have a higher low
let's see if it can break through that key level and form. large inverse head and shoulders
COIN…..retesting 200MA…..possible inverse Head & ShouldersI think it may be time to buy the dip on NASDAQ:COIN as equities grow more and more risky everyday. Current politics, inflation, and consumer sentiment has weighed heavily on the market. I believe we could see a nice rally in crypto throughout the remainder of August.
EURUSD Analysis==> H&S patternEURUSD reacted well to the Potential Reversal Zone(PRZ) and Heavy Resistance zone($1.1185-$1.098) .
According to the theory of Elliott waves , it seems that EURUSD has succeeded in completing five impulsive waves , and we should wait for EURUSD to decline .
From the point of view of Classical Technical Analysis , it seems that Head and Shoulders Pattern is likely to form.
I expect EURUSD to continue to decline, at least in the Support zone($1.0885-$1.0860) .
Euro/U.S.Dollar Analyze ( EURUSD), 1-hour 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.
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Bearish Signals on AluminiumAluminium versus the USD (ticker: XAL/USD) has traded southbound since reaching a high of $2,800, limited between a descending channel (extended from $2,800 and $2,475).
Adding to the bearish vibe, price action manoeuvred below trendline support, taken from the low of $2,110, and retested the underside of the ascending line to form resistance. What also might interest technical analysts is the head and shoulders top pattern (head at $2,800), which was completed in mid-July (neckline breached). Price has yet to reach the pattern’s profit objective at $2,131, therefore, further underperformance could be seen for the base metal this month. In addition to this, you may acknowledge the potential for a bearish pennant pattern to form (drawn from the high of $2,321 and $2,206).
Selling EURUSD!!Hello traders this is one of the best setup for the week!
On this trade we have a few technical indication that tell us we might be selling.
We first have a head and shoulders which indicates that it might see a reversal very soon.
Another thing we have is this nice FVG which I think price will retest. This FVG will play an important role in setting our TP.
We also have have the 50 SMA with default settings looking pretty nice. If we breakout of the neckline we will be trading under the 50 SMA.
We also have a trendline which is not very valid but on this context is works
This could be for our TP but I will aim for the blue one which is based on our 4H FVG
Please note that this trade only after the breakout :)
EUR/USD Sell Analysis: Head & Shoulders Pattern 15M TFAnalysis:
My analysis indicates a bearish sentiment, especially after a strong move up. Now, we expect the price to come back down. The 1-hour timeframe (1H) reveals the head and shoulders pattern. For a precise entry, the 5-minute timeframe (5M) should be used to identify the sniper entry point.
EUR/USD Sell Analysis: Head & Shoulders PatternMy analysis indicates a bearish sentiment, especially after a strong move up. Now, we expect the price to come back down. The 1-hour timeframe (1H) reveals the head and shoulders pattern. For a precise entry, the 5-minute timeframe (5M) should be used to identify the sniper entry point.