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Head and Shoulders

Inverse H&SInverse Head & Shoulders pattern printing on the sell the news event on Ethereum ETF as it starts to trade. Validation of the Inverse H&S is on breakout of the neckline at $3451 (+/- 30$) on high volume and preferable later a retest of the neckline as support The invalidation of the Inverse H&S is a candle close below $2930. We might go there as Grayscale probably will bleed a lot from their high fee ETH trust. Target: At $4069 that coincides with highest price of the year
Long
by NiVaGu
Alikze »» CAKE | Head and shoulder pattern scenario🔍 Technical analysis: PullBack to broken structure - According to the analysis presented before, after touching the supply range, it faced selling pressure. - It is moving in a downward channel in the daily time frame. - In the last update, after reaching the 3.13 range, it faced selling pressure again, which touched the downward target in the range of 1.56. - Currently, the level of 3.13 has returned as much as 100% of the previous wave. - As can be seen, a head and shoulders pattern has been formed, which is confirmed by the break of the trigger line and neck line. 💎 Therefore, considering that it is located at the bottom of the channel, it can touch the target of 1.17 with pullback to the neck line. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»«««
Short
by alikze
2
Is this showing us the end of regional banks in 2025?I saw a Head & Shoulder Pattern at the top of this chart. Then I saw another one on the left side. I measured the fractals of the patterns and saw a remacable match of several price actions at similar places. The ratios were nearly the same. So i looked right. I mean on the right side of the chart and saw the potential beginning of a new similar pattern? Am I biased or is it really the beginning of a nother left shoulder of a H&S pattern. This time the right shoulder of an overarching, bigger H&S pattern. The continuation would mean that we will have a potential break down on the right side of the chart around April next year. If it plays out the KRE, regional banking ETF could go to zero. Ok. Technically possible. What would be the story behind? Could the CBDC thing be brought in conjuncture with with the fall of the regional banks. Who would need them anymore? Or another big never seen reason crash? Show me a chart and I tell you the story is my motto. What I see is just potential. Just a thought. But IF it will develop and I see signs of acontinuation of this fractal structure, I would have much more confidence in the fall of the regional banking system in the USA. This will take time and is a long term view. Only Time will tell...
AMEX:KREShort
by Cashflowjaque
Three Potential outcomes for the S&P 500We are seeing a clear correction in the market that has potential to turn into a full blown bear market due to a number of reasons such as rising unemployment, looming debt crisis, and geopolitical tensions. From my experience and analysis I see 3 possible outcomes in the coming weeks and months for the AMEX:SPY The price starts to recover after another minor red day on August 5th, bouncing off support around 524.60, and will start to normalize back with the long-term bullish trend. A head and shoulders pattern forms on the weekly chart, starting with a move down to 495, retracing back to 524.60, and then forcing a large downward move that stops just short of entering a bear market/ recession at the 200EMA (around the 450 price level), starting a new bull run as it recovers. The events of situation 2 unfold the same way, however, price fails to bounce off the 200EMA, and we enter a full-blown recession, fueled by high unemployment, destabilization of the geopolitical climate, and civil unrest from the results of the US 2024 elections. Two of the three predictions lead to more pain for bulls. Let’s hope situation #1 is what will happen. Disclaimer: I am not a financial advisor and all statements made are for informational purposes formed from of my own opinion and should not be considered as investment advice.
AMEX:SPY
by TheSwiftTrades
SILVER (XAGUSD): Trading Plan Ahead of NFP↪️Today, we are anticipating the release of the US NFP Report. Here are the possible scenario for SILVER. On a 4-hour time frame, the price has formed a dynamic inverted head and shoulders pattern. If there is a bullish breakout above the dynamic neckline at 29.12 with a 4-hour candle close, it will confirm a strong bullish trend. We can expect a bullish continuation towards the psychological level of 30.00. It is advisable to wait patiently for a breakout and then follow the market accordingly.
OANDA:XAGUSDLong
by linofx1
5
Brent Crude Oil Prices Form Inverse H&S PatternTensions in the Middle East continue to escalate, and Brent crude oil prices appear to be forming an inverse head and shoulders pattern. For this bullish pattern to activate, the price needs to break above $81.69. If this level is breached, the pattern suggests a potential 4.69% gain, with prices possibly reaching $85.54. However, it's still early to determine the optimal placement for a stop-loss order, as the pattern may take some time to fully develop. This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
THINKMARKETS:BRENT
by ThinkMarkets
Turbo is trying to tell us somethingDear Reader, Turbo seems like to forming a potentiol inversed shoulder head shoulder pattern. We need to wait for rejection on the neckline to make the right shoulder and then wait for breakout on the neckline. BTC is unstable at the moment, it rejected from a little support zone around 62.3K but due to the war we can have more problems then we know of. Also BTC looks like it is making an Shoulder head Shoulder pattern in Bearish way, this might be a big problem but we need to watch for that. I will recommend the BTC chart in this one so u can look at it. This is no financial advice, always DYOR. What are your thoughts?
Long
by zLxNiii
Finally time for bullish oil? $USO to $120 then $300+People have been calling for the oil bull market to begin for the past two years and the trade largely hasn't worked as we've gone sideways to down. However, based on the chart, it looks like we're finally ready for a run. This would also line up with my bearish equity thesis. Oil looks to have broken out of an inverse head and shoulders pattern and althought it's a diagonal pattern which are less reliable, the indicators that I have seem to support the narrative. I think there's a possibility that we could see a 4x move over the next year or so. Let's see how it plays out.
AMEX:USOLong
by benjihyam
10
nas100 Identifying Key Levels The chart highlights several significant levels and zones that influence the current market behavior: • PMH & PML: Previous Month High and Low, serving as significant resistance and support levels. • PWH & PWL: Previous Week High and Low, indicating recent market highs and lows. • PDH & PDL: Previous Day High and Low, indicating recent market highs and lows • Daily FVG: Daily Fair Value Gap, indicating areas of market imbalance. • BSL: Buy-side Liquidity, areas where buy orders are placed. • SSL: Sell-side Liquidity, areas where buy orders are placed. • Always wait for confirmation
N
by tanasepatasanu
BULLISH MOVE AHEAD? OR POTENTIAL BEARISH SETUP?Greetings Traders, Next Week's Technical Analysis for Gold Direction: High Time Frame (HTF) Analysis: Weekly and Daily Charts: A clear direction has been identified by observing the weekly and daily charts. Chart Pattern: Both charts show a Head and Shoulders (HNS) chart pattern that has completed and broken out of a dynamic strong support level. Forecast for Next Monday: Market Price Direction: The gold price is expected to continue its ascending movement to retest or in Smart Money Concepts (SMC) terms, to offer a discount to the levels between 2404 and 2423.85 Significant Zone: This large Quasimodo (QMC) zone spans approximately 200 pips. Trading Strategy: Selling Opportunity: Plan to sell gold once the price reaches the identified zone and hold until the OHLC of the candle closes near the weekly support levels of 2355-2350. Profit Target: This setup presents an opportunity to aim for a total of up to 500 pips by next week. Insyallah.
OANDA:XAUUSDLong
by EzamYusof
2
DOLLAR INDEX VIEW DXY chart hopefully invers head and shoulder pattern.so market need to seem BUY correction 104.500 resistance zone. if Then market breakout 104.600 resistance level, then market more buy to 104.8100 and 105.00 level. If Breakdown 103.930 support level, then this case is invalid. AronnoFX will not accept any liability for loss or damage as a result of reliance on the information contained within this channel including data, quotes, charts and buy/sell signals. If you like this idea, do not forget to support with a like and follow. Traders, if you like this idea or have your own opinion, please feel free command me.
TVC:DXYLong
by AronnoFx