NZD USD possible buyWe can see a bullish break of structure beginning to form. If the structure stands, we expect bulls
Head and Shoulders
XAGUSD head and shoulders patternOn the 4-hour chart, XAGUSD has formed a head and shoulders top pattern. At present, we can pay attention to the resistance near 30.8. If the rebound is blocked, we can consider continuing to short, and the downward target is 29.2-29.6 area.
FILATEX - Poised for a 15-30% UpmoveThe stock is in uptrend in Monthly.
It is poised to break out of an inverse head and shoulder pattern.
Entry - 51.15
Target 1 - 59
Target 2 - 64
Target 3 - 69.
SILVER (XAGUSD): Bearish Pattern ExplainedSilver formed a significant head and shoulders pattern on a 4-hour chart.
Today, the neckline of the pattern was violated, with a 4-hour candle closing below it.
This indicates a potential bearish trend ahead. The next support level to watch for is at 29.75.
BTC inverse head and shoulder patternThe reliability of a typical inverse head and shoulders pattern is generally high when the neckline trends downward. However, the strong buying pressure observed during the recent decline to 53k has resulted in a very strong rebound up to 66k. This has formed an upward-sloping neckline. I predict that after some consolidation and accumulation before breaking the neckline, there will be a strong breakout, bolstered by positive news such as the ETFs for ETH and SOL.
AUDCAD ANLYSIS 2.0 GD FOR SHORTAUDCAD Trade Plan 🚀
🔻 Pattern Analysis:
AUDCAD has formed a bearish reversal pattern (Head and Shoulders) along with bearish divergence, indicating a potential decline.
📉 Entry Point:
Enter the trade at the current market price (CMP) of 0.92130.
🚨 Stop Loss (SL):
Place the stop loss at 0.92648.
🎯 Take Profit (TP) Levels:
TP 1: 0.91657 🎯
TP 2: 0.91096 🎯
🔧 Setup to Short Sell:
Entry Point: 0.92130
SL: 0.92648
TP 1: 0.91657
TP 2: 0.91096
📉 Good Setup to Short Sell 📉
🚀 Happy Trading! 🚀
COINBASE - #COIN massive Inverse Head & ShouldersTwo targets
Linear and Log projections
Both are juicy obviously
Brian Armstrong timed their IPO perfectly and extracted billions of dollars kudos to them
Wouldn't it be something if Coinbase was to return back it's #IPO price this coming bull , seems like destiny
Fourth attemptPrice is going for another try to break out the triangle and is doing an inverse HS in the monthly timeframe. If it pulls back I'll buy more. Risk reward is good in this one.
EURUSD: Bearish Reversal Now Confirmed?!EURUSD is currently testing a significant level of resistance. After testing this area, I have identified several indicators suggesting a bearish trend.
These include a series of rejection candles, the formation and break of a head and shoulders pattern, and the violation of a support line in of a rising wedge pattern.
Based on these factors, I anticipate that the market will likely decrease in the near future, with potential target levels at 1.0867 and 1.0853.
#DJIA to 40k!We are in a BULL MARKET so the risks are to the UPSIDE,
one of an explosive rally as fund managers who have badly gotten the market wrong
panic buy propelling the Stock market driven by #FOMO rather than reasoned analysis to far higher than people can imagine.
New bull market highs should arrive during summer 2023!
All whilst indecision reigns supreme on the likes of twitter in a perpetual waiting for a magic signal with the goal posts constantly drifting as those who failed to act when the knives were fast falling desperately cling onto hopes of the likes of #SPX 3600 and lower to buy
Even though if it ever happened they would once more be too fearful act just as they were the last time S&P traded down to S&P 3600 :)
My base case is we already had the recession, during the corrective moves of 2022.
MKR - going back up nicely 10x incoming IH&S targetBullish case
- published previously at the low
- a sensible time to get in
- over 200 EMA
- IH&S targets
- Crypto bull case reasserting
- Strong support on bottom ascending trend line
Not advice just for educational purposes
Change your stars and provide a better life for your (future) family now
Head above the shoulderSometimes simple things work wonders, and one my favourite pattern is HnS, Head and Shoudlers.
Look we have one here, though neckline is yet to break.
We have stronger bigger frames, and this one is much smaller frame.
Yesterday price action of rise from lows, despite higher inflation than factored, augurs well for the neckline break.
Also, the gap down of 5th July lead fall is in for closing up.
Not much, truncated holiday is the only hurdle.
Will there be a break of the neckline then a retracement or one way up is to be seen, with the holiday in mind one can take chances of that retracement.
Support 52400-52300(max stop for the longs)-54130
Supply 52680-52800-53100
Did you know Carvana is up 15X?! OMG :)Look what we have here.
Incredible price action from this stock..
what should you do if you hold it...
or if you are feeling #FOMO
maybe this idea will help.
Inverse Head and shoulders there for all to see.
Ribbon Finance #RBN Inverse Head & ShouldersIt's #DEFI
Defi season hasn't really kicked off yet --- but it will
I mean that is literally one of th big Goals of #crypto right?
To decentralise Finance?!
I've mentioned Ribbon previously as a token to watch
So we have a potential breakout & neckline retest going on right now
Could be an opportunity.
As always
your risk
your reward
The CryptoSniper's Bitcoin prediction --- $140kIf we can envision a Inverse Head and shoulders forming.
With a horizontal neckline coming in at around $47.5-48k
It gives us a LOG projection north of $140k
Draw it out yourself and see :)
A linear target would be much more subdued and give us a $80k target
And trap people below that magical figure for close to a decade , if u tack on a bear market that would follow.
That could really hurt #Bitcoin's traction in gaining new buyers going forward (especially on the retail level)
But lets's be optimistic and aim high
but recognise the value of having BOTH targets in mind.
@TheCryptoSniper Thank you for your ongoing education and dedication to your craft.
H D F C A M CHDFCAMC fut made inverse head & shoulder pattern on an hourly chart with increase in OI suggesting long build up.
Risk:-Reward = 1:3
Could be bought above breakout level of 4219 with mentioned stoploss 7 target.
USDCAD - Bullish TradePrice has given breakout from head & shoulders pattern neckline.
Bullish trade will be triggered when price reaches neckline.
Bullish divergence is also observed indicating bullish trend ahead.
ETH-USDT A drop 1 concept and its targets.But I expect Btc to go lower.which ethbtc has rh&s as well .Keep these in mind as well
Great Buying Opportunity in IMX
IMX fell from 3.77 to 1.2, completing the shoulder-head-shoulder pattern. It found a nice support at 1.2. Buying at this level can provide a nice return in the long run.
Considering its recent developments and new projects such as Passport, IMX offers a good investment opportunity.
$TLT Treasury Bond ETF Inverse Head & Shoulders NASDAQ:TLT Treasury Bond ETF Inverse Head & Shoulders, In technical analysis of Treasury Bond ETFs, an inverse head and shoulders pattern is a bullish reversal signal. It occurs when the ETF's price forms three distinct troughs, with the middle trough ("head") being the lowest and the two outer troughs ("shoulders") being higher. A "neckline" is drawn connecting the highs of the two shoulders. When the price breaks above this neckline, usually with increased volume, it confirms the pattern and signals a potential shift from a bearish to a bullish trend. The distance between the head and the neckline can be projected upward from the breakout point to estimate a price target for the potential rally. However, traders often combine this pattern with other indicators like moving averages or oscillators for further confirmation and risk management.
HEAD AND SHOULDERS AUDNZDHello traders!! If you look at my ideas you will see that I'm planning on selling AUD and this trade is one of them but on this one we don't have too much confluence, we only have a head and shoulders and sometimes that is all you need.
Make sure you put your Sl behind the right shoulder:)
