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Head_and_shoulder

Head & Shoulders on EUR/USD daily!We're currently observing a significant Head & Shoulders pattern forming on the EUR/USD daily chart, with the price just breaking below the neckline on the right shoulder. Applying standard Head & Shoulders trading principles, we measure the distance from the head's peak to the neckline and project that same range downward from the breakdown point. Based on this, the estimated target price (TP) for the trade lands around $1.135. The stop-loss will be positioned just above the right shoulder to manage risk effectively. We'll be watching closely to see how this setup unfolds. 🍻
Long
by impossiblebull
Bull Trap Confirmed: GBPUSD's 8% Rally Faces ExhaustionLets Face it we had a great 6 months already clocking 60%+ Returns already. And after sitting ducks for almost 2 months now we finally have a trade. - Its a very self explanatory chart - Trading at resistance - Head & Shoulder pattern And the best part the right shoulder is still yet to be formed! My favourite type of entry. 1.It gives a better risk reward ratio (1:7 expected) 2.Better Entry (No long red candles) 3. And even if the pattern fails it we may still reach the neck line which is target 1. Entry Criteria - A Red candle at the entry Line Marked - Stoploss Above the Entry Candle Target 1- 1.3361 Target 2- 1.3252 Target 3- 1.3169 Keep Your Risk Reward Intact! Not An investment Advice
Short
by REUBEN_EUSTACE
GBPUSD – Daily Timeframe Analysis: Head & Shoulders PatternThe GBPUSD daily chart is currently presenting a textbook Head & Shoulders reversal pattern, a powerful bearish signal that often marks the end of an uptrend and the beginning of a new downward cycle. This setup demands attention from swing and positional traders alike, especially considering the size and clarity of the structure. 🔍 Pattern Breakdown Left Shoulder: Formed in late May, establishing a significant high before a corrective move. Head: A higher peak was made in early June, which now stands as the pattern's highest point. Right Shoulder: A lower high formed in mid-July, indicating weakening bullish momentum. Neckline: The crucial horizontal support zone around 1.3330–1.3340 was tested multiple times and has now been decisively broken, triggering a confirmed bearish setup. 📊 Technical Significance This Head & Shoulders pattern becomes especially meaningful due to: Multiple rejections at the neckline, confirming its strength as support-turned-resistance. Bearish volume expansion on the breakdown, adding weight to the selling pressure. Formation on a daily timeframe, suggesting a long-term trend reversal rather than a short-term pullback. 📌 Trading Strategy for Traders ✅ Sell Setup (Short Position) Entry: Around the neckline zone on retest (1.3320–1.3340) Stop Loss: Above the right shoulder (~1.3550) Targets: 🎯 Target 1: 1.3100 (psychological and horizontal support) 🎯 Target 2: 1.2900 (measured move from head to neckline) 🎯 Target 3: 1.2650–1.2600 (extended downside zone based on structure) ⚠️ Risk Management Tips: Don’t chase the breakdown — wait for a pullback/retest of the neckline to get a better risk/reward entry. Ensure position sizing is appropriate based on the stop loss distance. If price reclaims the neckline with strong bullish momentum and closes above 1.3350, exit short and reevaluate. 🧠 What Traders Should Keep in Mind Macro Fundamentals: Watch upcoming economic events like BoE rate decisions, US NFP, and inflation data, which can cause volatility and impact the technical scenario. Dollar Index (DXY) trend should also be monitored closely. If DXY rallies, GBPUSD breakdown can accelerate. Trendline Confirmation: Align this with any break of rising trendlines drawn from previous lows. 📌 Final Thought This pattern marks a crucial turning point in GBPUSD. The momentum has clearly shifted from buyers to sellers, and the breakdown opens up significant downside room. As a swing or position trader, this is a high-probability setup with a clear invalidation point (above the right shoulder) and a favorable risk-reward ratio. 📉 Patience and precision are key here. Let price come to you at the neckline, confirm rejection, and then take the trade with confidence. ================================================================= Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. =================================================================
Short
by TradZoo
8
H&S Expected for Sol And Pyth until HHsPyth is following SOL and I expect a bit of a pullback for a better impusle to reach Higher Highs. Technicals (RSI, Bollinger band) are showing overbought conditions and we can expect the usual End of months pullback. The pullback could reach the 168 - 170 Area before coming back to the current levels and after a potential light pullback to grab liquity and to create a new contraction before a new push toward 210 - 212 is expected. This idea is only for educational content, please Do your own research before investing.
Short
by JustaTechGuy
1
HEROMOTOCO - Multi-Right Shoulder H&S (it works out too much)Pattern Watchers!👀 We usually get one head, one left shoulder, and one right shoulder, right? But this chart said: "Why stop at one? Let’s bulk up the right side!" 😂 🧠 Head & Shoulders spotted – ✔️ Classic neckline around ₹4390 ✔️ Multiple failed breakouts but price holding above range ✔️ Right shoulder has been gymming, forming a clean range 📏 Potential breakout target = ~₹5400 🧱 Resistance zone above (highlighted in red) may act as the next boss level 🎯 Watch for: Break and hold above ₹4450–₹4480 Volume confirmation Avoid fakeouts — price needs to STAY above neckline 💡 Bonus thought: This could also be interpreted as an Inverse H&S breakout from March, and this range is just a healthy consolidation.
NSE:HEROMOTOCOLong
by WTRMLNv1
2
NATURAL GAS formed Head and Shoulders patternCAPITALCOM:NATURALGAS 🔍 From a longer-term perspective, I noticed that a Head and Shoulders pattern 🪖🩻 is about to form. This pattern has been forming since December 2024 and in the long term 🕰️ means no good for those who play long here 📉. 🙋‍♂️ Personally, I will stay aside for now and observe 👀. The asset may head towards the 3.0000 support level 🪙, where I expect a potential rebound 🔄, possibly even a retest of the trendline from below ↩️. ⏳ In the long term, the asset may even move towards the 2.0000 support level 🚨, but I will need more observation and data to be sure 🧪. 🕊️ Time will show. Thank you for the attention! 🙏
CAPITALCOM:NATURALGASShort
by ProfessorSingapore
1
BIST30 (USD) Monthly: Head & Shoulders Confirmed? Neckline RetesType: Bearish The Turkish Stock Market (BIST30 or XU030), when viewed in US Dollar terms on the monthly chart, presents a textbook Head and Shoulders (H&S) topping pattern. We can observe the Left Shoulder, a higher Head, and a lower Right Shoulder, indicating waning bullish momentum at the peak of what has been a significant rally. The fact that this pattern is forming on the monthly timeframe underscores its long-term significance, suggesting a major structural shift rather than just a short-term correction. The Neckline Break & Retest: Crucially, the BIST30 (USD) has recently broken below its multi-month neckline, a key support level that connected the lows between the shoulders and the head. This breakdown served as the initial confirmation of the H&S pattern. What we are witnessing now is the classic retest of this broken neckline. Price has rallied back towards this former support, which now acts as strong overhead resistance. This retest often provides a 'last kiss goodbye' before the larger bearish move unfolds. The market's reaction at this retest level will be paramount. A strong rejection from the neckline, potentially accompanied by increasing bearish volume or bearish candlestick formations on lower timeframes (e.g., weekly), would further validate the H&S breakdown and strengthen the bearish outlook. Potential Price Target: Based on the classic H&S methodology, we can project a potential price target. By measuring the vertical distance from the peak of the 'Head' to the neckline and projecting it downwards from the breakdown point, we derive a preliminary bearish target around 220 USD for BIST30 (XU030)
BIST:XU030Short
by synsvki
1
Reverse Head & Shoulders Setup | Gold Spot | 15min | by Mohsen M 🔸 **Chart:** Gold Spot / USD (XAU/USD) 🔸 **Timeframe:** 15min 🔸 **Method:** Smart Money Concepts (SMC) + Pattern Recognition 🔸 **Focus:** Reverse H&S, Order Blocks, TLQ, BOS --- ## 🔍 Market Context: - **Market Structure:** Bearish on higher TF - **Short-Term Trend:** MSU (Market Structure Up) - **Efficiency:** ✅ Confirmed — clean price delivery - **Key Pattern:** Bullish **Inverse Head & Shoulders** --- ## 🧠 Technical Breakdown: 1. **Left Shoulder – Head – Right Shoulder** perfectly forming within a high-value demand zone 2. Price reacted strongly from **Order Block (OB)** + TLQ marked at the bottom wick (Head zone) 3. BOS confirms bullish attempt to shift structure 4. Anticipating neckline break at ~3345 level for further upside 5. Potential resistance and liquidity resting above 3400 (HH region) --- ## 📌 Trading Plan (Pre-London Open / Monday 1:30 AM UTC+3:30): - **Entry Idea:** Watch for bullish confirmation after price stabilizes above Right Shoulder zone (~3300–3320) Or re-entry on a retest of neckline after breakout - **Stop Loss:** Below "Head" and OB zone (~3260) - **Take Profits:** - TP1: Neckline break zone (~3345) - TP2: 3400 – Liquidity pool - TP3: Final HH sweep (~3420+) --- ## ⚠️ Alternate Bearish Case: > If price breaks below the "Head" zone and OB fails to hold, > → Expect bearish continuation to the next liquidity zone near **VTA @ 3200** --- ## ✅ Summary: This is a clean **bullish reversal setup** using SMC logic and a classic H&S pattern: **OB + TLQ + BOS + Efficient Market + Clear Pattern ➝ High-Probability Setup** Structure: 🟥 Bearish (macro) Trend: 🔼 MSU (micro) Efficiency: ✅ Efficient Pattern: 🟩 Inverse Head & Shoulders --- 📊 Prepared by: **Mohsen Mozafari Nejad**
OANDA:XAUUSDLong
by mmozafari1357
8
Breakout Alert: AMD Head & Shoulders Points to $160+Overview Name: Advanced Micro Devices, Inc. Ticker Symbol: AMD Exchange: NASDAQ Founded: 1969 Headquarters: Santa Clara, California, USA CEO: Lisa Su (as of 2025)Sector: Technology / Semiconductors About AMD is a leading semiconductor company known for its high-performance computing and graphics solutions. It competes with Intel and NVIDIA in the CPU, GPU, and data center markets. Its product line includes Ryzen (desktop/laptop CPUs), EPYC (server CPUs), and Radeon (GPUs), with strong expansion in AI and custom silicon for next-gen applications. Fundamentals Earnings: AMD reported strong Q1 2025 earnings with a beat on both revenue and EPS, supported by explosive demand in the AI and data center segments.Revenue: $6.52B, up 21% YoY Outlook: The company raised guidance for the second half of 2025 as it expects to benefit from the AI chip boom and new product rollouts. Technicals (4H Chart) Inverted Head and Shoulders pattern confirmed with neckline breakout around ~$117 Breakout from Falling Channel aligning with bullish reversal structure Price surged past resistance with strong volume, currently at $126.39 (+9.71%) RSI at 65.88, approaching overbought but not signaling weakness MACD bullish crossover, confirming momentum Short-term target range: $145–$150, with extended projection up to $162.75 📌 Support Levels: $117, $111.50📈 Target Price (TP): $162.75 (based on pattern breakout height projection) 💡 My Take AMD just pulled off a textbook bullish reversal — inverted head and shoulders breakout combined with a falling channel exit. With strong macro trends in AI hardware and data center expansion, this move feels well-supported fundamentally and technically. The clean neckline breakout and explosive candle suggest continuation. I am expecting a potential consolidation around $130–$135ish before next leg to $150+. If momentum holds, $162+ is possible before August. 💼 Position Type: AMD 145 Call Expiry: July 03, 2025 Quantity: 15 Average Cost Basis: $.038 Date Purchased: June 12, 2025 Last Price: $0.47 Total % Gain/Loss: +23.4% I entered after the neckline break and riding the wave. AMD’s setup is too clean to ignore — high conviction play.
NASDAQ:AMD
by ProfitProf
How to Spot Head & Shoulders Patterns in TradingViewDiscover how to identify and validate Head & Shoulders patterns using TradingView's built-in pattern recognition tools in this detailed tutorial from Optimus Futures. Chart patterns are essential tools for many futures traders, and the Head & Shoulders formation is among the most recognized reversal patterns in technical analysis. What You'll Learn: • Understanding the Head & Shoulders pattern: a key reversal formation in technical analysis • How to access and use TradingView's pattern drawing tools and objects • Step-by-step process for identifying potential Head & Shoulders formations on any timeframe • Techniques for spotting the "head" by locating the highest high or lowest low pivot points • How to identify matching "shoulders" on either side of the head formation • Validating your pattern identification using TradingView's drawing tools • Real-world example using crude oil futures on an hourly chart from October 2024 • Key characteristics that distinguish bearish Head & Shoulders reversal patterns • Best practices for using pivot points and swing analysis in pattern recognition This tutorial may benefit futures traders, swing traders, and technical analysts who want to improve their chart pattern recognition skills in TradingView. The techniques demonstrated could help you identify potential reversal opportunities and make more informed trading decisions when these classic formations appear on your charts. Keywords: Head and Shoulders pattern, TradingView tutorial, chart patterns, technical analysis, reversal patterns, futures trading, pivot points, swing analysis, pattern recognition, trading education Visit Optimus Futures to learn more about trading futures with TradingView: optimusfutures.com Disclaimer: There is a substantial risk of loss in futures trading. Past performance is not indicative of future results. Please trade only with risk capital. We are not responsible for any third-party links, comments, or content shared on TradingView. Any opinions, links, or messages posted by users on TradingView do not represent our views or recommendations. Please exercise your own judgment and due diligence when engaging with any external content or user commentary. This video represents the opinion of Optimus Futures and is intended for educational purposes only. Chart interpretations are presented solely to illustrate objective technical concepts and should not be viewed as predictive of future market behavior. In our opinion, charts are analytical tools—not forecasting instruments. Market conditions are constantly evolving, and all trading decisions should be made independently, with careful consideration of individual risk tolerance and financial objectives.
CBOT:ZB1!Education
by OptimusFutures
3