SQ - 28 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. ═════════════════════════════Longby TheArtOfCharting6
Block text book inverse head and shouldersThe weekly chart of Block, Inc. (SQ) displays a textbook inverse head and shoulders pattern, a classic bullish reversal setup. After consolidating within a range for an extended period, the price appears to have broken above the neckline, signaling potential upward momentum. The target range, indicated by the blue zone, aligns with historical resistance levels. Key observations: • Neckline breakout confirms the pattern. • Support levels to watch: $86.83 and $88.16. • Potential 🎯 Target: $198.06, aligning with previous highs. • Indicators such as RSI and Ichimoku Cloud complement the bullish outlook. This setup suggests a favorable risk-to-reward ratio, but patience is key. Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Trading involves significant risk, and you should consult with a qualified financial advisor before making any investment decisions. Always perform your own research and analysis. Past performance does not guarantee future results.Longby JoE2
Bullish outlook on SQ trade setup based on EW principles, and company fundamentalsLongby Growthwave_traderUpdated 4
Block Inc OutlookI believe Block Inc has huge potential for upside although it looks down right now, everyone uses cash app and that's one of its main ways to generate income, also SQUARE is used a lot in business as well. I see this possibly hitting 100$ at most then long term depending on what they decide to do with the crypto project maybe 150$. thank youLongby AmazingAmanpreetUpdated 3
SQ: Bullish bullish bullishSQ pumped when BTC bumped last bull season. It broke the top resistance, if it above the resistance, it should rally big in no time. Happy trading. NYSE:SQ Longby MarathonToMoon2
Top 5 Weekly Trade Ideas #3 - SQ BreakoutI would say this is a very bullish looking chart for SQ. Big gap up above its falling wedge. I'd expect more upside, but so far it failed to sustain above $94. $94 will be my main level here. The context is bullish so I'll stick to the long bias for now, but I wouldn't be excited about longing it now under $94. If it can reclaim and sustain above I'll be looking for dips to buy.Longby AdvancedPlays3
Square ($SQ) Set to LAUNCH! 84% Upside!🔥 Square ( NYSE:SQ ) Ready to Skyrocket! 84% Upside! 🚀 📢 High Five Setup Alert on Block ( NYSE:SQ )! My H5 Indicator is flashing green, signaling a prime opportunity to take a position in $SQ! Key Highlights: Bullish Breakout: We’ve broken out of the Bullish Falling Wedge pattern and successfully retested. Volume Ignition: Launching off the volume shelf with a volume gap to fill, setting up for a powerful move. 📈 Price Targets: Primary Target: $149 Main Move Target: $162 This setup is primed for action! Will you be adding NYSE:SQ to your watchlist? Stay tuned for more insights! 👍 Like | Follow | Share 👍 Stay updated with weekly trade ideas using my HIGH-FIVE SETUP trading strategy. Don’t miss out on the next big move!Longby RonnieV29Updated 4474
SQUARE is retesting the Inverse H&S before heading 80% higher! NYSE:SQ SQUARE (BLOCK) is retesting the Inverse H&S before heading 80% higher! The trading gods have blessed us with a pullback to around $90ish, as requested. This is the retest of the Inverse H&S pattern. -H5_L indicator is GREEN -Already broken out of falling wedge. -Launched off Volume Shelf and filling the GAP. -Fintech is starting to run -Stage 2 is just starting! Buying more here! 🎯$110 🎯$149 🎯$162 NFALongby RonnieV29Updated 2216
SQ - wait for discountSQ - pulling back into buy zone. Wait for around 50ish. Earnings in couple of weeks, I bet this will reach the buy zone before that. If earnings beat with strong forecast, can push this higher. Stop Loss - 40 Long entry - 50-54 Target # 1 - 100 Target # 2 - 130 Target # 3 - 150Longby just4tradinUpdated 8
A nice leap potential for SQ!🔉Sound on!🔉 Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life! Long01:34by OptionsMastery3
sq reversal NYSE:SQ After month of consolidation, sq is finally breaking out. Will it go towards all time high?Longby Julien_Dm116
SQ multi month breakoutAbove $90, there’s clear skies until $115 This chart is looking phenomenal !! We can see a massive bull run for the next couple of months. Fintech stocks have been strong compared to the overall market. Longby TheBullandBearLounge3
Block (Square) has completed a massive bullish BatWaiting for retrace to 78.5 levels, target 195 in 2025Longby p12adityasingh0
High Five Setup Alert on Block $SQ !! 84% Upside!🔥 Square ( NYSE:SQ ) Ready to Skyrocket! 84% Upside! 🚀 I posted this earlier, but a couple of people requested a video analysis on Square (BLOCK), so here it is; enjoy! 📢 High Five Setup Alert on Block ( NYSE:SQ )! My H5 Indicator is flashing green, signaling a prime opportunity to take a position in SQ! Key Highlights: Bullish Breakout: We’ve broken out of the Bullish Falling Wedge pattern and successfully retested. Volume Ignition: Launching off the volume shelf with a volume gap to fill, setting up for a powerful move. 📈 Price Targets: Primary Target: $149 Main Move Target: $162 This setup is primed for action! Will you be adding SQ to your watchlist? Stay tuned for more insights! 👍 Like | Follow | Share 👍 Stay updated with weekly trade ideas using my HIGH-FIVE SETUP trading strategy. Don’t miss out on the next big move!Long07:56by RonnieV29Updated 4429
Main Focus List 830 Review 11-19-24 4 MINGoing over our main focus list looking for entries setups clues that the markets are leaving us. 04:16by BobbyS8131
Block (SQ) is looking at a potential bullish break to the upsideBlock NYSE:SQ is looking at a strong bullish break to the upside after long-term MACD is looking at a return to the upside, momentum is strong as well. Volume is strong and DMI is looking at a confirmation of the bullish uptrend, Furthermore, weekly chart shows clear break above the weakened resistance level. Also, bullish closure above 200-EMA confirms the upside. Weekly chart: Longby William-trading112
SQ Block Upside PotentialKeep an eye on SQ Block. This may have some nice upside potential. Longby AnicaUpdated 3
Focus List REview 11-18-24Going over our Main Focus list looking for setups and levels to enter. keep working hard. manage risk. No A+ setup No Trade. 04:58by BobbyS8130
Focus List REview 11-18-24Going over our Main Focus list looking for setups and levels to enter. keep working hard. manage risk. No A+ setup No Trade. 04:58by BobbyS8130
BLOCK INC $SQ #SQ Inverse head and shoulders could see $200In the fast-paced trading scene, the inverse head-and-shoulders pattern is a key sign for spotting bullish reversals. This pattern features three distinct dips: a lower "head" nestled between two higher "shoulders." When the price breaks above the "neckline," it hints at a possible change from a downtrend to an uptrend. Traders usually jump in at this breakout point, placing stop-loss orders just below the right shoulder. They also rely on technical indicators like moving averages, the Relative Strength Index (RSI), and the Moving Average Convergence Divergence (MACD) for extra confirmation, creating a well-rounded strategy to seize these trading chances. Key Takeaways The inverse head and shoulders pattern is just the upside-down version of the regular head and shoulders. It can help forecast reversals during downtrends. Once this pattern is complete, it indicates a bull market ahead. Investors often take a long position when the price surpasses the neckline resistance.Longby BallaJi9
SQ eyes on $71.90: Double Golden fibs for 12.5% to 20% gainsSQ is currently testing double golden fibs. They are a golden Genesis plus a Covid fib. High gravity duo might cause some orbits. $ 71.84 - 71.94 is the exact range of interest. $ 66.07 - 66.36 is next support below for SL. $ 80.96 - 81.16 is the first resistance above. $ 86.52 - 86.93 will be a major resistance. ======================================= .by EuroMotifUpdated 1
SQ - Square LongSQ is showing accumulation within this broadening structure. We're looking for a higher low to change this bearish trend on the smaller timeframe and then can set up with a stop loss below the support. The current low here could become a partial rise which would give this structure a 70% chance of breaking to the upside as per Bulkowski. We await the higher low and monitor closely. Longby SynergyTradingSetupsUpdated 555