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Head and Shoulders

EURAUD SHORT Market structure bearish on HTFs DW Entry at both Daily and Weekly AOi Weekly Rejection at AOi Daily Rejection at AOi Previous Structure point Daily Daily EMA retest Around Psychological Level 1.66500 H4 EMA retest H4 Candlestick rejection Rejection from Previous structure Potential Head and Shoulder on H4 Levels 5.87 Entry 105% REMEMBER : Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique : Rinse, Wash, Repeat! : Christ is King.
Short
by mobbie_zw
DOGE might finished drop—short-term targets: $2.22 - $4.44BINANCE:DOGEUSDT ’s price action over the past two years has formed a large rounded bottom and a complex inverse head and shoulders. Looking at the two major recent drops as the right shoulders and comparing them to two similar drops in 2021 as the left shoulders, the decline percentages are almost identical: 🔵 Recent right shoulder drop: -53.52% 🔵 Left shoulder drop in 2021: -54.25% 🟣 Previous right shoulder drop: -45.87% 🟣 Previous left shoulder drop in 2021: -42.94% This suggests that the decline is likely complete. So, assuming this bull market continues, where could CRYPTOCAP:DOGE go next? Using this pattern, I estimated two potential target prices: 🔴 Conservative target: $2.22 (~7x from current price) 🔵 More aggressive target: $4.44 (~15x from current price) Historically, DOGE’s pumps have been fast and explosive, often reaching targets within weeks. Some people think the crypto market has already turned bearish. If you’re bearish, a safer short entry might be after DOGE breaks below 2/3 of its recent support. There are no guarantees in trading, so always set a stop loss for risk management. Stay safe! 🚀 🔴 Read my signature & publications for more info you don’t want to miss. 🔥  for more future script "guesses" like this!
Long
by Harold_123
FTTUSDT: Is a Major Breakout Coming? Watch These Key Levels Now!Yello, Paradisers! Is FTTUSDT gearing up for a strong bullish reversal, or is this just another trap? Let’s break it down. 💎FTTUSDT has completed a proper ending diagonal with a clear 5-wave count, signaling a potential trend shift. Adding to the bullish case, we’re also seeing an inverse head & shoulders pattern forming, along with a bullish divergence, both of which increase the probability of an upward move. 💎If the price breaks out and closes candle above the resistance zone, it will confirm the pattern, setting the stage for a strong bullish move. 💎If the price breaks down and closes candle below the support zone, the bullish setup will be invalidated, and in that case, it’s best to stay patient and wait for a better price action setup. 🎖The market always gives opportunities, but only disciplined traders take full advantage. Stay sharp, Paradisers—patience and strategic execution are key to long-term success. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
2
BMW - 5 months HEAD & SHOULDERS══════════════════════════════ 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. ═════════════════════════════
XETR:BMWLong
by TheArtOfCharting
GBPCHF - Head and Shoulders SetupHello traders, On the daily timeframe GBPCHF has been consolidating in a range. Now it is at the resistance level of the range and so we should be looking for shorting opportunities. On the lower timeframes, the 4H and 2H, it has formed a head and shoulders pattern which is a great reversal pattern. Add to this the RSI divergence which in many occasions foreshadows the change in trend. I will be entering when we get a close below the neckline on the 2H timeframe.
Short
by The_Worldy
G.E. Aerospace Co Stock Quote | Chart & Forecast SummarryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # General Electric Aerospace Co Stock Quote - Double Formation * Pattern Confirmation | Inverted Feature * ((Wedge Structure)) | Area Of Value | Subdivision 1 - Triple Formation * ABC Flat | Wave Confirmation | Subdivision 2 * Numbered Retracement | Entry Bias | Subdivision 3 * Daily Time Frame | Trend Settings Condition Active Sessions On Relevant Range & Elemented Probabilities; European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Buy
PEPPERSTONE:GELong
by TradePolitics
Pivot on Applied Materials. AMATMy last take on applied materials was dead wrong, but you get that - this is trading. We are still proud to boast around 65% profitable takes overall. This is a good number for retail and institutional trader alike. Brett Connelly boast a stable 54% track record in his book "Alpha Trader." But back to the idea. Head and shoulder neckline break with gap and bearish price action. Technically, a congruent flip on VZO, BB%PCT with crosses of the MIDAS line. More bearish moves likely to follow.
NASDAQ:AMATShort
by Rykin_Capital
$BEKE Inverse head and shouldersKE Holdings Inc. is a publicly traded Chinese real estate holding firm that offers a comprehensive online and offline platform for housing transactions and related services through its subsidiaries. It stands as the largest online real estate transaction platform in China. Investors commonly refer to the entire operation as "Beike." The company has garnered financial support from major players like Tencent, SoftBank Group, and Hillhouse Investment. In August 2020, KE made its debut on the New York Stock Exchange (NYSE), successfully raising $2.12 billion during its initial public offering. On its first trading day, the stock soared by 87%, bringing the company's valuation to nearly $40 billion. By May 2022, KE expanded its reach by becoming a dual-listed entity, adding its shares to the Hong Kong Stock Exchange. KE operates two primary businesses: Lianjia and Beike. Lianjia functions as a real estate agency, while Beike serves as an online platform that connects customers with estate agents, including Lianjia. Lianjia is often likened to Redfin, whereas Beike is compared to Zillow. The company is divided into four key business segments: 1. Existing home transaction services 2. New home transaction services 3. Home renovation and furnishing 4. Emerging and other services
NYSE:BEKELong
by BallaJi
Aon plc Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Aon plc Stock Quote - Double Formation * 012345 Wave Feature | Subdivision 1 * 1st Retracement | 1.618 Area - Triple Formation * Pattern Confirmation | Inverted | Subdivision 2 * 2nd Retracement | Long Support & Entry Bias | Subdivision 3 * Daily Time Frame | Trend Settings Condition Active Sessions On Relevant Range & Elemented Probabilities; European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Buy
PEPPERSTONE:AONLong
by TradePolitics
Going nowhere can be profitable - Long at 454.61FDS has disappointed the buy and hold crowd over the past year. In the last 356 days (it was a leap year), it has gone up a total of around .22% - basically nothing. It has given me a bunch of profitable trades, though, and it's giving me another one today. While it has done basically nothing overall, all those zig-zags along the way are where my excess return lives. Stock returns like this one over the course of the past year can be both gut-wrenching and frustrating. It was charts like this one (and owning the stocks behind them) that was a big part of what motivated me to develop the trading system I now rely on almost exclusively (except for some fun day trades). In over 800 actual and backtested trades, it has generated a per day held return 4x that of SPY's long term average daily return. In the large/mega cap universe, that has made it historically a top 10% stock for me. The fact that there is support nearby is nice. Or, you could say it's forming a decapitated head and shoulders too - an almost perfect one if you don't care about the head. That could be a cause of concern, I suppose. In the end, though, through all the ups and downs of the markets and the stock, all the trends and chart patterns, I go back to the data. Does past performance guarantee future results? Well no...but over 1.2 million trades worth of data sure does help me sleep at night while the trade is on, that's for sure. To be in the top 10% of that much data says something about FDS and its reliability of returns. I trust that data and it has certainly earned my trust since I started trading based on it. As I developed this system and saw what happens when you use large amounts of data to drive trading decisions, I understand much better the tech world's fetish with big data now. It works. It makes me wonder if there's big data out there on head and shoulders patterns (head included) and things like trend lines and support and how predictive those signals really are. Alas, that's a job for someone else. I've done (and continue to do) the data crunching for my system, because I believe in the predictive power of that data - and that's the real reason I went long FDS at the end of the day today. Per my usual strategy, I'll add to my position at the close on any day it still rates as a “buy” and I will use FPC (first profitable close) to exit any lot on the day it closes at any profit. As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.
NYSE:FDSLong
by redwingcoach