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Head and Shoulders

SQ | Why Wallstreet is Bullish | LONGBlock, Inc. engages in creating ecosystems for distinct customer audiences. It operates through the Square and Cash App segments. The Square segment provides businesses the ability to accept card payments. The Cash App segment offers an ecosystem of financial products and services to help consumers manage their money. The company was founded by Jack Patrick Dorsey and James Morgan McKelvey in February 2009 and is headquartered in Oakland, CA.
NYSE:XYZLong
by DivergenceSeeker
Bullish Cases for ENA/USDT#Bull_Insights #014 Coin Ticker : #ENA Market : Binance Time Frame : 1 Week. This report analyzes the bullish indicators for ENA/USDT as depicted in the provided chart, highlighting potential upward trends and investment opportunities based on technical analysis. Key Observations: Volume Surge : There's a noticeable increase in trading volume at the end of 2024, which often precedes significant price movements. High volume can indicate strong buying interest, suggesting a potential bullish trend. Price Consolidation : The price has been consolidating within a tight range, marked by the red dashed lines (approximately $1.2 - $1.4 USDT). Consolidation after a downtrend and rebound can lead to a breakout, often upwards if accompanied by increasing volume. Support and Resistance: The consolidation area acts as a strong support level. If ENA breaks above the resistance with significant volume, it could signal the start of a new uptrend. Moving Average Cross: Although not explicitly shown, the price action near what appears to be a moving average specifically on the daily time frame confirms a golden cross (short-term MA crossing above long-term MA), a bullish signal. Relative Strength Index (RSI) : The RSI, if considered, rebound from the oversold area and currently showing bullish sentiment with a divergence in the formation (not visible in the chart). An RSI moving upwards from an oversold condition or showing bullish divergence could confirm buying momentum. Pattern Formation : The price action seems to be forming a potential double bottom or and in some particular cases inverse head and shoulders pattern, both of which are bullish reversal patterns. Confirmation of these patterns with a breakout above the neckline or the red rectangle resistance area would be a strong bullish signal. Fibonacci Retracement: The price is currently near the 1.68 Fibonacci extension level. A bounce from these levels could indicate the resumption of the forming uptrend. 🔼Bullish Cases: Breakout Scenario: A breakout above the current resistance with high volume could lead to a target price calculated by the height of the consolidation range, potentially pushing ENA towards $1.6 - $1.8 USDT in the short term and will pave a way for the long term ATH move for the coin. Pattern Confirmation : If the patterns mentioned (double bottom or inverse head and shoulders) are confirmed, this could lead to significant price appreciation, targeting levels beyond the previous highs. Volume Confirmation: Continued increase in volume alongside price movement will validate the bullish case, suggesting strong market interest and potential for sustained growth. Fundamental View on the future of MIL:ENA : ▶️ Sector: DeFi ▶️ MC: $3.73B ▶️ FDV: $18.58B ▶️ Unlocked supply: 20.22% - Ethena is a synthetic dollar protocol built on Ethereum. - It offers a crypto-native solution for money that doesn't rely on traditional banking infrastructure. - Additionally, it provides a globally accessible, dollar-denominated savings instrument — the "Internet Bond." Conclusion: The current technical setup for ENA/USDT shows several bullish indicators. However, investors should watch for confirmation through volume and price action before making investment decisions. Always consider broader market conditions and news related to ENA that could affect its price independently of technical indicators. Recommendation: Monitor ENA/USDT closely for breakout signals above the current resistance. If confirmed with volume, consider entering long positions with stops below the consolidation area for risk management.
Long
by cryptotalk_et
ARB breaking up from a bullflag that can take it above necklineArbitrum looks like it has probably founded the lowest depth of the right shoulder of it’s inverse head and shoulders here as it has now broken upward from this purple bullflag here and is now back above the 1 day 50ma(in orange). The breakout target of this flag will take price action above the neckline of the inverse head and shoulders pattern if it hit its full breakout target. We can also see that the bearish h&s that we were under the neckline of for several daily candle closes never progressed into getting validated as is often the case with bearish patterns in this phase of the bull market. I suppose there’s still a chance we could head bck under that light colored tannish neckline again but probability favor the upside at this point. *not financial advice*
COINBASE:ARBUSD
by DrDovetail
Denison Mines Corp 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 # Denison Mines Corp Stock Quote - Double Formation * (Neckline) At 1.9250 USD | Subdivision 1 * Head & Shoulders Pattern | Entry Bias | Short Position - Triple Formation * 6X Retracement | Numbered | Subdivision 2 * (Flag Structure) | Uptrend Bias | Long Position * Daily Time Frame | Behavioural Settings Condition | Subdivision 3 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
CAPITALCOM:DNNLong
by TradePolitics
Crypto Bull Market is Over!!!I'm a big Crypto fan and investor and this is my 3rd Crypto Bull run. We all enjoy the excitement of the 3-5 and 10x that these Bull markets bring us; however, we can never tell when the Institutions will pull the rug under us retail investors. Even though that I want this Bull Market to continue, we have to be realistic and look for clues to be able to come out with profits. If you look closely at these 3 charts and see how their tops all came pretty much at the same time, we have to speculate very hard that the Top is In. There is enough evidence that tells me that a Market Top is In on all 4 charts. First off, Homebuilders Trust on the Left showed a top in 2021, where it was the exact time that SP500 top as well as Bitcoin. Tops come when noone is expecting and all channels and influencers I read and watch are saying that we will have another run in Jan-Feb-Mar 2025 and some are saying this Bull market will last until Nov 2025. I really "hope" that this happens, but 'hope' is not a word to be used in trading. There is no Hope in trading. There is facts and one must try to find these little clues and make their best investment decisions. If the Top is In, how do we prepare? The way I'm seeing this that there is a lot of invested money out there yet so probably Jan 20 during Presidential inauguration, we should see another run up and excitement and news bringing everyone super excited to Crypto so Institutions can unload their bags. Then we should see sideways to downtrend begins. I will certainly start selling my bags and only leave 25% of my investments in case I'm wrong. In times like this, it is better to come out with some profits than no profit at all. What other evidences am I seeing? Homebuilders had a Head and Shoulders formation at the top on 2021, Sp500 had a triple top, BTC had a triple top. What do we see now in Dec 2024? BTC shows a Bearish engulfing in the Weekly Chart and in the Monthly it shows a Topping Tail or reversal Pin Bar. The SP500 shows a Head and Shoulders in the daily chart, (even though Nvidia is having a monster move as I write this today), Nvidia also has a Head and Shoulders in the daily chart. Google also has a Double Top in the Weekly time frame the same it had in Nov 2021 when Google top was in. All in All, we have to take all these facts in consideration and prepare ourselves. I hope you found this informative and helpful. Leave your comments below and let me know if you think that the Top Is In or not. Happy Trading.
BITSTAMP:BTCUSDShort
by ppatrading101
Head and Shoulders Pattern: Bank Nifty 06/01/2025Head and Shoulders Pattern: Bank Nifty 06/01/2025 Levels :: Left Shoulder High (LS): 51,300 Head High: 51,700 Right Shoulder High (RS): 51,300 Neckline Level: 51,050 Step-by-Step Breakdown of the Trade Pattern Formation: The Bank Nifty chart showed a clear Head and Shoulders pattern: The left shoulder peaked at 51,300 before retracing to the neckline. The head formed a higher peak at 51,700, followed by a retracement. The right shoulder formed a lower peak at 51,300, confirming weakening bullish momentum. Breakdown and Retest: The price broke below the neckline at 51,050 and closed lower, confirming the bearish breakout. A subsequent retest of the neckline at 51,026 validated the resistance. Measuring the Target: Pattern Height: Head (51,700) - Neckline (51,050) = 650 points. Target Projection: Neckline (51,050) - Pattern Height (650) = 50,400 . Volume Confirmation: A significant spike in volume accompanied the breakdown, adding credibility to the bearish move. Trade Setup: Entry: Sell Below 50,950 (after the neckline breakdown). Stop Loss: Above the Retest Level: 51,100. Targets: Target 1: 50,700 (intermediate support). Target 2: 50,400 (pattern projection). Risk-Reward Analysis: Entry: 50,950 Stop Loss: 51,100 (150 points risk) Target 1: 50,700 (250 points reward, 1:1.6 RR) Target 2: 50,400 (550 points reward, 1:3.6 RR) Execution Plan: Monitor the price action for continuation below 50,950. Ensure selling volume remains strong. Place a stop loss at 51,100 to mitigate risk. Book partial profits at Target 1 (50,700) and let the remaining position run to Target 2 (50,400). Key Takeaways: The Head and Shoulders pattern is a reliable bearish reversal signal when confirmed with volume and retests. Proper risk management with stop-loss placement above the neckline is critical. Monitor key support levels (like 50,700) for partial profit booking. Conclusion: The Head and Shoulders pattern on Bank Nifty offers a high-probability short trade setup. By combining technical analysis with volume confirmation, traders can execute the trade with confidence. Always ensure proper risk management to protect your capital. Let me know if this works for you on TradingView!
NSE:BANKNIFTYShort
by thirdeyecs
4
NFLX Elliot Wave, Wyckoff Method with Head & Shoulders PatternIt is not always easy to time a short, but looking at this chart I will share a couple of confluences that are interesting from a technical analysis point of view. First, there is a 5 wave completion of the Elliot Wave pattern. Then, based on the Wyckoff method of accumulation to distribution, we can gauge areas of UTAD and LPSY takes place. Lastly, we can form a Head & Shoulders pattern (a small one) and a neckline. One can carefully enter the short after the break and retest of the trendline, which is the safest way.
NASDAQ:NFLXShort
by solfury
Walgreens Boots Alliance: Stability and Growth in the Healthcare1. Stable position in the healthcare sector Walgreens Boots Alliance is one of the leading pharmaceutical chains in the world. With a network of thousands of pharmacies and health centers, the company plays a key role in the provision of healthcare services, especially in the US and Europe. This makes it resilient to economic cycles, as healthcare is an indispensable part of life. 2. Dividends for shareholders Walgreens is known for regularly paying dividends to its shareholders, which makes it attractive to investors looking for passive income. The company is part of the so-called Dividend Aristocrats, which means that it has increased its dividends for decades. 3. Expansion in the field of digital healthcare Walgreens invests in technology and digital solutions to improve access to medicines and healthcare services. Online pharmacy and telemedicine platforms are part of their strategy for future development, which provides them with a competitive advantage. 4. Strategic Partnerships and Innovation The company has partnered with leading healthcare organizations and technologies such as VillageMD to create clinics in Walgreens stores. This improves access to healthcare services and increases revenue. 5. Revenue Diversification In addition to pharmacies, Walgreens also has a strong presence in the cosmetics and personal care sector through Boots, which diversifies revenue and makes it less dependent on one sector. 6. Opportunities at a lower stock valuation Walgreens shares have been under pressure in recent years due to macroeconomic factors and changes in the sector. This could represent a buying opportunity if an investor believes the company will recover and continue its growth. 7. Global Presence Walgreens has business operations in multiple countries, which provides access to different markets and reduces the risk of local economic shocks. Potential Risks: Competition from online giants such as Amazon entering the healthcare sector. Pressure on margins due to regulations in the pharmaceutical sector. It needs significant investments in innovation and modernization.
NASDAQ:WBALong
by ForexCompany
Silver- Obvious Head and Shoulder pattern, with great potential!Hi guys, today we are overlooking Silver (XAG/USD) with some great Technical analysis. Currently the overview is on a 1D time frame making this opportunity Mid-Term as to how much time we would expect it to reach it's destination. Currently as we can see on the chart there has been a perfect formulation of the typical Head and Shoulders pattern. Additionally I would say on a shorter term the overall price has entered and formuilated a Descending Channel, which boost's our confidence in the price action that we are expecting. Additionally we are looking into the fundamentals so we can get the extra confidence in the price action that we are targeting. Entry: 29.31 Target: 26.60 which is just above the Strong Support Level Do let me know what you think about this analysis in the comments and what is your overview on this great Precious Metal.
TVC:SILVERShort
by DG55Capital
AEM - Head & Shoulder PatternAEM is possibly forming a Head & Shoulder pattern. Price action is currently under a rising parallel channel that breaks downwards and price eventually breaks parallel channel. If price breaks the parallel channel and $74, it will complete Head & Shoulder pattern. Once Head & Shoulder pattern is formed, stock price fall is either $ price or percentage difference between Head and neckline. In this case, the projected price fall after completion of Head & Shoulder is likely to be between: - 63.17 if price drops by 14.50% - 60.98 if price drops by $12.90 Price is probable to fall by $12.90 to 60.98 because it coincides with: - Fib retracement level of 0.618 which is a golden ratio - strong weekly support zone around 61.31 - gap fill is at 59.65
NYSE:AEM
by I_M_Shoaib
Short term Bitcoin warning: multiple bearish signalsShort term #bitcoin CRYPTOCAP:BTC BITSTAMP:BTCUSD warning: - price is retesting the 50-day moving average, which is now resistance since we broke it to the downside - price is bumping into the average volume levels of this top - there is no volume behind this push (there is a price/volume divergence) - we formed a bearish head-and-shoulders pattern - we didnt liquidate enough leveraged LONGs Bitcoin cán ignore all this and just PUMP through but just keep it in mind. Happy trading! 🥸
INDEX:BTCUSDShort
by PenkeTrading