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
Head and Shoulders
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
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.
Short USDCHFWeekly, Daily, and 4HR are bearish. H/S form on 4hr waiting for break of neckline and then second entry on retest. Poor CPI fundamentals for $ this morning provided the catlyst for this analysis as well.
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.
Sats and 1000Sats are in a head and shoulders patternSats and 1000Sats are in a head and shoulders pattern and their prices breaked the weekly trend
Natgas - Head and shoulder. In bound Aug 8th 2024 playing out nGot 180k on boil calls @ $12 for sept 13
Will it make a widow of me?
We will see
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
GBPUSD WEEKLY BREAKDOWN From last week we saw the weekly candle close above 1.27500 area and formed 2 rejections candle there we could see a third rejection
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
SPX ,,where to??it looks like we are hitting back to 5257!!!
are we forming a head and shoulder pattern!
Afffle India-Breakout Of Inverted H&S PatternThe inverse head and shoulders chart pattern is a bullish chart formation that signals a potential reversal of a downtrend.
