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Head and Shoulders

DXY Possible Daily Formation?This may just be a massive rationalization but let me know what your thoughts are please. I feel that maybe this is a very sideways H&S, with NFP data earlier today price shot higher into a big daily resistance, thus making me feel it will reject and complete this pattern. Unless of course it continues to break ceilings, then we can give the dollar a new name. Bitcoin. This is not an idea for marking TPs and SLs i am just curious if fellow traders could see this as a possibility. Feedback greatly appreciated. Preferably kind feedback lol. Ive noticed trading view minds and ideas are quite aggressive and condescending at times in the replies to others ideas.
TVC:DXYShort
by andrewsbregar9
2
Be careful with EURUSD !!!As you can see, the price has broken the head and shoulders pattern, and now, with a slight correction, the price can grow by the amount equal to AB = CD. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
NZD Possible Daily Future Formation?Now this may just be a big rationalization but i am curious to know what your guys thoughts are on this possible pattern. With the dollars strong NFP data earlier today extending the price lower, the dollar also hit a large untested resistance on the daily timeframe. i am wondering if this could be a very sideways H&S in the event that the dollar rejects that daily level. The large buyside liquidity draws in the middle of structure also make me believe there could be a retracement to the upside on NZD. This isnt a TP or SL idea, i am looking for the opinion of other fellow traders and what they may think the price action could be in the coming week. Feedback is greatly appreciated. Kind feedback of course, Tradingview minds and ideas have turned into a battle ground over who is a moron for their idea and who is not lol. If i am incorrect ill be waiting for that red bearish candle to blow through my computer screen and desk to then hit my toes. Lmk.
Long
by andrewsbregar9
PYPL , PEPS, COIN | HOT STOCKSThere are a few stocks that could be good buys, and are approaching idea l buy zones. PEPSICO VIE:PEPS Pepsi is showing it's "annual correction" as we're finally getting close tot he apex of the correction, which may be an ideal buy zone. PAYPAL NASDAQ:PYPL Paypal is still on my watchlist, for great growth, further adoption and upside potential after finish of a clear bearish cycle: COINBASE NASDAQ:COIN Fairly recently released, coinbase could be a good buy for a long term hold. Also currently observing a pattern that can either be called an Inverse Head and Shoulders, or Cup and Handle. ________________
NASDAQ:PYPLLong
by CryptoCheck-
ETH | Next Goal $8,000 | iHnS | CUP & HandleHere we're looking at what seems to be a inverted HnS pattern developing inside the Handle portion of the C&H pattern Crazy...right? Usually I like to use these at the bottom of a trend similarly to my KRAKEN:BEAMUSD analysis but in this case price structure is holding up above $2,500 - $3,000 which still makes price action very bullish especially that we haven't really been rejected by resistance as yet Instead what we're experiencing is a large price consolidation swinging in between a 60% range with buyers accumulating at the low end I'm looking to see a price fall of around 8% to complete this falling wedge pattern (RS) then a breakout around mid February sending price back to the top end range of this consolidation Next step in price action we want to whiteness a clean break above $4,800 resistance (100% Fib Ex) to then create a pullback trigger around that area for a Buy-High Sell-High strategy (entry #2) If successful we can see a trajectory just under $8,000 ETH! This TA lines up with my large ABCDE Triangle pattern mentioned in the video with a overall target of $15,000 ETH for the next ALT season.
BITSTAMP:ETHUSDLong
by Nathanl19
Ethereum (ETH) - ATH Break-Out - Bullish CycleMARKETSCOM:ETHEREUM gave me a whooping 170% #Profit on the #Bullish Swing. I went #Long on BITSTAMP:ETHUSD from the 1.6K Mark, on the #Break-Out. I cashed it all in on the 3.5-4K Range. * see related idea for details. Unlike MARKETSCOM:BITCOIN , CRYPTOCAP:ETH did not deliver a new #ATH. In fact, it all leads to the fact that it's waiting for something. With the $BitcoinDominance ( CRYPTOCAP:BTC.D ) showing signs of an up-coming #Correction, I believe this will pave the way for #Altcoins to shine, thus the #Altseason to start. Crypto Market Cap ( CRYPTOCAP:TOTAL2 & CRYPTOCAP:TOTAL3 ) are about to burst on the #Bullish side. BINANCE:ETHUSDT will play a major role in this. * see related ideas for details. What's the Play for MARKETSCOM:ETHEREUM ? I see a strong #ETH #Bull in Cycle Wave C (turquoise). This can easily reach 5K, but can also tag the 7K Mark. BITSTAMP:ETHUSD #TechnicalAnalysis - #ElliottWave Cycle Wave C (turquoise) - Inverted #HeadandShoulders - #RunningFlat My CRYPTOCAP:ETH #BUY Levels - Entry @ 3.1K - SL @ 2K - TP @ 5K
BITSTAMP:ETHUSDLong
by EW4X
7
Inverse H&SH BTC ready to break outThis is a long term chart I have used for years, and keep adding to it. Now I see these trend lines, made a long time ago coming into play again, thee fib is from the last cycle high to low with extions to look at all .618s . BTC just hit 1.618 I see 2 or 3 maybe the 4.618 this cycle, nut haven the plan to ladder out as we get closer to areas shaded in the chart. If this inverse h & sh in yellow breaks up then BTC measured move is to 125K the 2.0 extension, then restests along the way, but look at the old whit trend lines and see hoe btc cant touch the top as in makes this move this is public and my handle is Chefrusty, you are welcome to use it as a guide, the indicators are hidden right now and some are paid for, but the chart is a good guide for this bull run and has been backtested for time and percetage gains, watch for sell in May and go away, anf then buy back in is Sept this year. BUT BUT BUT how different will this cycle be than the others with crypto firendly president?
BITSTAMP:BTCUSDLong
by Chefrusty
ETHUSD: Bullish Momentum with Inverse Head & Shoulders PatternDescription: Ethereum (ETH) is currently exhibiting a strong bullish trend, supported by both technical and fundamental analysis. The price action is forming an Inverse Head & Shoulders pattern, a classic bullish reversal setup. Key Levels to Watch: Neckline: 4164.41. A breakout above this level will confirm the bullish trend and signal a potential long entry. Support Levels: 2884.49. Trade Plan: Entry: On a confirmed breakout above the neckline with volume. Stop Loss: Below the right shoulder or neckline to minimize risk. Target: Measure the height of the pattern and project it upward from the breakout point 4164.41. Risk Management: Always use proper position sizing and set your risk-to-reward ratio appropriately. No trade setup is guaranteed, so maintaining discipline is key. Fundamental Backdrop: Ethereum’s fundamentals remain strong, with growing adoption, network upgrades, and robust DeFi activity adding fuel to the bullish outlook. Note: Wait for the breakout confirmation and avoid entering trades prematurely. Patience pays in trading!
Long
by mudusir
ISCTR - 4 months HEAD & SHOUOLDERS══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment; - since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant; - the information that I think is important is very simple and can easily be understood just by looking at charts; For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart. Thank you all for your support 🔎🔎🔎 ALWAYS REMEMBER "A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist" ═════════════════════════════ ⚠ DISCLAIMER ⚠ Breakout Area, Target, Levels, each line drawn on this chart and any other content represent just The Art Of Charting’s personal opinion and it is posted purely for educational purposes. Therefore it must not be taken as a direct or indirect investing recommendations or advices. Entry Point, Initial Stop Loss and Targets depend on your personal and unique Trading Plan Tactics and Money Management rules, Any action taken upon these information is at your own risk. ═════════════════════════════
BIST:ISCTRLong
by TheArtOfCharting
BITCOIN CAN MOVE TO GIVEN TARGET AREABitcoin's price action continues to capture attention as it edges closer to a significant target on the charts. Traders and investors are closely monitoring its movement, analyzing key support and resistance levels to predict the next possible breakout or retracement. With market sentiment and trading volumes playing crucial roles, the question remains: will Bitcoin achieve its target, or will it face a correction? Stay updated and ready for potential opportunities as the momentum unfolds!
BITSTAMP:BTCUSDLong
by SadarExplore
ETH Pattern | SOL | All Time High for ETH in SIGHTSolana has recently made a new ATH - and, surprisingly BEFORE Ethereum. This cycle shows to be different than the previous alt cycle, where ETH leaded SOL. Currently, what we're seeing in the weekly timeframe is a clear bullish pattern on Ethereum - the bullish inverses Head and Shoulders Pattern. It's likely that the liquidity from SOL may move into ETH, together with other alts in the TOP 10 category by market cap. This means, that top10 alts may drop - and ETH sees an increase towards a new ATH. ______________________ BINANCE:ETHUSDT BINANCE:SOLUSDT
Long
by CryptoCheck-
CAD/CHF ShortMarket Analysis: Asset: CAD/CHF Timeframe: 1-Hour Pattern Identified: Head and Shoulders (bearish reversal pattern). Neckline: The support level forming the base of the head and shoulders. Trend Confirmation: Look for a bearish trend continuation after a break and retest of the neckline. Trade Setup: Entry Point: Enter a sell position after the neckline breaks with confirmation (candlestick close below neckline). Stop-Loss: Place the stop-loss above the right shoulder or a recent swing high for safety. Take-Profit Levels: TP1: Measure the distance from the head to the neckline and project it downward. TP2: Extend further to a strong support zone or round number. Risk Management: Position Size: Risk no more than 1-2% of your trading capital. Risk-Reward Ratio: Aim for a minimum 1:2 R/R ratio. Additional Confirmation: Volume Analysis: Look for an increase in selling volume as the neckline breaks. Indicators: Confirm bearish momentum with RSI below 50 and MACD bearish crossover.
Short
by MAAwan