Head and shoulders patterns in wticrudrHead and shoulders patterns forming if break neckline then sell crude oil
HEAD
NFLX to reach 180 by the end of SeptemberNetflix (NFLX) has been forming an ascending broadening triangle since May and fully established a support level between 162.71 and 169.70 from the middle of May to the middle of July. Then the price reached a resistance level of about 250 in the middle of August.
In my opinion, NFLX is nearing the end of a 2+ week consolidation period and has formed a bearish head & shoulders pattern. In addition, the new descending trend line and 3 bearish key reversals suggest that the price will move lower approaching the support level of 174 by September 30, give or take a few days.
See my recent analysis of GOOGL to see how I marked support and resistance levels and observed key reversals to make a very accurate prediction (or maybe I was lucky).
Disclaimer: I am not a financial advisor, and the above statements are not investment advice. My comments are only intended for educational purposes. You are solely responsible for your own trading decisions.
TSLA Potential H&SStay tuned for a big potential drop to 50-75 USD
In my humble opinion sales will drop hard next two quarters.
NEAR 1D Classic head and shoulder shoulder training. Now what is happening is an inverse movement symmetry where the first top of 3.0792 has already been reached and goes to the top of 4.418 as indicated in the chart.
Spectacular NEAR both for trading due to its high daily trading volume and good for HOLD due to its fundamentals and development.
Global macroeconomic and geopolitical situations justify this drop of 77.45% since its ATH. NEAR recently partnered with Google cloud.
Follow the link.
near.org
Support and resistance on the 1H chart
SUPPORTS: 2.974 / 2.956 / 2.803
RESISTANCES: 3,0083,094 / 3,180
EUR/NZD INVERTED H&S TREND CONTINUATION Eur/Nzd appears to be making an inverted head and shoulders at key S/R level. I will aggressively go long on the right shoulder. We'll see if I'm right!
Inverse Reversal?With the intraday bounce at 3870, $ES is setting up a potential inverse head & shoulders pattern.
Trigger is clearance of neckline resistance at 3920-30, and the target zone is 3980-4030.
Any crossing below 3845 invalidates this pattern.
GBPUSD - Long term Price Crash - H&SChart show's the Head and Shoulder pattern and the long term target.
Bearish head&shoulder in IEX short it Short IEX bearish head&shoulder has been made in this chart sell it out or short it's future.
Sell IEX at below 150
Target 145 138 128
Sl 155
Short it don't need to buy it
USD/CHF for the Buy We can see clearly price has formed and inverted head and shoulder pattern. I'm taking the Buy.
Head n Shoulders in the US MarketCareful, the Nasdaq composite has formed a typical head and shoulder pattern and any move below the thick green line could escalate further downward movement
Head and shoulders in Bitcoin chart
Unfortunately, a few days ago, when I saw this pattern on the Ethereum and Bitcoin charts, I forgot to record the Bitcoin chart in the ideas section and only recorded Ethereum.
There is no problem, there is a proverb that says, a fish is fresh whenever you take it out of the water.
Op/USDT In Falling Wedge and Range [not so OP right now] Opusdt is in a Falling Wedge and in a range
Opusdt broke the support now we can see resistance from the previous support and support from the previous resistance and all these in a range inside of the Falling Wedge Pattern
After breakout we can see significant movement in opusdt
If we breakout upside than we have Falling Wedge Pattern confirmation but
If we breakout downside than we have Head&Shoulder Pattern Confirmation
P.S.THIS IS NOT A FINANCIAL ADVICE
BNB - H&S pattern and key levelsToday whole crypto market is likely open in red. Btc failed to break it's level of 25k again. With this trend bnb is also back to its 330 to 315 range.
Now here we can see that it's standing on 200ema in daily time frame also it forms head and shoulder pattern. Which technically indicates that price may come down with trend so we have to be prepared for some negative move on short time.
If head and shoulder pattern breaks it also break it's consolidate zone of 330 to 315 we can directly see target of 300 . we will not try to enter blindly after seeing big red candle. Mostly retest is done for good pull back so be prepared for that also.
If you are a risk taker and if market follow our idea than should try to achieve Target of 200 Ema in 4hour ti.e frame.
Here I give chart pic include target and sl with suitable risk reward ratio.
EURGBP BEARISH (?)Head and Shoulders in 1H TF it's already crossed, such as the BB what means a big chance of bearish and tomorrow we'll have the UK Employment change and the Unemployment rate
Prime time for soybean meal?Similar to our previous idea , we think grains are primed for a move. With soybean meal futures jumping over 10% from last week, some technical set-ups have come into play.
Firstly, the September soybean meal contract shows a 7-month head-and-shoulder pattern which failed. A broken right shoulder suggests bullish strength.
Secondly, the December soybean meal contract is showing a bull flag that is breaking out, which is also a bullish signal.
Combined, we believe soybean meal futures are primed for an upward move with both technical set-ups proving bullish.
Entry at 435, stops at 420. Targets at 468 & 490.
BTCUSDT Prints Another IH&S PatternHey everyone I want to make this short and sweet because I want you to see this but I do not have time today to put out the companion video with it, but I will either tonight or tomorrow. I wanted you to see how this pattern is almost the same inverse head and shoulders print as before, however the last time, the pattern failed and fell into a choppy consolidation. My local target for BTC is around 23000. I will talk more about this and show you some juicy charts in the video I am making. Thanks again, and I apologize for having to be short. This has been a crazy week of de-risking all across the board.
Trading opportunity for BNBUSDTBased on technical factors ( Head and Shoulders ) there is a long position in :
📊 BNBUSDT
🔵 Long Now 223.0
🧯 Stop loss 211.0
🏹 Target 1 239.0
🏹 Target 2 252.0
🏹 Target 3 278.5
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
Reverse Head and Shoulders - Beautiful ThingThe funny thing about this trade to me was how I traded this so wrong and absolutely got, well I traded this wrong. To read the very next day from a book so close to me about trading. Doh, reverse head and shoulders! And what's even more fun, is the failed reverse head and shoulders (not depicted here). Got me twice. :) Wont get me again. This was the UK100 15 minute.
Great HnS pattern !One of the greatest patterns have been formed , Set stop loss above moving average !
Not financial advise!
