Neckline
AUD/USD 4h short ideahey everyone here is a possible head and shoulders pattern on the 4 h time frame there is a nice neckline formed the sup and res are respected in the past so now wait for the right moment especially if it is shaped go to a lower time frame to get in on time.
Have a nice day everyone!(:
TON → there is no risk for toincoin so farhello guys.
Let's analyze OKX:TONUSDT
Top Line Resistance: The chart identifies a rising resistance level (top line) that the price has tested multiple times but failed to break above convincingly. A breakout above this line could signal a bullish move.
Neckline Support: There is a crucial support level (neckline) that has held up the price so far. The analyst suggests that if the price breaks below this neckline, it could trigger a bearish move.
Bearish Scenario:
If the price breaks below the neckline, the target for the downside is around the $3.10 level.
This level is marked as the "target of breaking down" and could act as strong support if the price reaches it.
Bullish Scenario:
If the price manages to hold the neckline and breaks above the top line, the chart suggests a potential upward move toward higher levels.
Current Price Action: The price is currently around $5.62, showing a potential retest of the neckline. Traders should watch for a decisive move either below the neckline or above the top line to determine the next major trend direction.
This analysis outlines the importance of the neckline as a critical level. The outcome of whether the price breaks below this level or holds above it will likely dictate the future trend direction.
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For now SOLUSD is retesting invh&s neckline as precise supportA good sign that the bottom could potentially be in. Of course there’s always the possibility of some sort of unexpected bald swan to dump the market much further, but even then that could be such a temporary occurrence that by the time the weekly candle closed it still closed the candle body above this neckline. At the bare minimum I get the vibe that at least the monthly candle body can maintain this neckline as support, but we will find out soon enough. *not financial advice*
USDCHF - BEARISH SCENARIO 📉Hello Traders !
On Tuesday 2 April, The USDCHF Reached The Resistance Level (0.90848 - 0.91126).
The Price Formed a Head and Shoulders Pattern.
So, Let's Expect The Bearish Scenario:
If The Market Breaks The Neckline (0.89999 - 0.90161) and Closes Below That,
We Will See a Bearish Move📉
TARGET: 0.88980🎯