Ford potential H&S setup?Ford could be about looks like a H&S setup could be in the making on F a break below the neckline would confirm
Head_and_shoulder
BTCUSD: Head and shoulders as they teach it in books!As you can see, it is a very easy to identify "Inverse Head and Shoulders" with a typical Bearish divergence.
This is technical analysis 101. If a bear starts acting a little hungry and going a little crazy in their arguments, maybe you should hand them a snickers bar (because you are not yourself when you are a hungry bear), or you can simply show them this picture ... I am sorry, but the Bull run HAS STARTED.
*Let me know in the comments what do you think?
Have a great FriYay!
QQQ H&S on 30-min timeframeQQQ has formed a clear H&S on the 5,15 & 30-min timeframe....expect a drop under 302 to start with....potential for near 296-298 range....
Ethereum's situation+next targets and expected movements.ETH has created an Inverse head and shoulder pattern which means a great bullish trend is on the Horizon. If the price follows this pattern's expected movement,we shall see it reach 2.5k pretty soon or at least in mid term duration. The expected movement is as much as the measured price movement ( AB=CD ).The break out has occurred but the confirmation candle has yet to be closed. We might even see a correction one more time before ascending further.keep in mind that the next big resistance for ETH will be around 2.5K.
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🌍Thank you for seeing idea .
Have a nice day and Good luck.
SILVER - Waiting for a Breakout...
On The Daily Time Frame The XAGUSD Price Reached A Major Key Levels !
Currently, The Price is in forming a head and shoulders pattern.
So, I Expect a Bearish Move 📉
i'm waiting for a Breakout in Neckline ...
TARGET: 20.308🎯
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H&S and INVERSE H&SThis is my projection for XAU based on the Inverse H&H on the DXY for Swing long-term trade, Waiting for confirmation using the discount tool (Fibonacci) 0.75 at XAU $1,922
Spy H&s Short possible I like the buying channel we’re in. It’s possible we’re at the head of a h&s move down. Could be a flag. I’m looking toward 380 puts if we get back down to 390 area.
Based on the hour chart.
MANA going down?Hi Guys,
In this Analysis, MANA is making a bearish head and shoulder pattern on 1D tf.
As you can see in chart that the VOLUME is also getting low.
So most likely, if it breaks the support and retest then a short entry can be considered.
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Post your comments below.
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GRWG - Head and ShouldersThis one is a trade for the patient followers, as the targets are big with huge moves.
We are seeing a head and shoulders pattern, and are now waiting for the price to break the neckline, so we can take our short position.
The first take profit-level will give a return on investment of 29% while the second take profit-level will reward with 54%.
The target gives a ROI of 120%
BTC Elliott Wave count 15 min TFhead and shoulder pattern enter short on the break also at least an abc correction from the perspective of Elliott wave if we don't make a 3rd instead of c wave. Approximately 10 percent target measuring distance from the head to neckline.
Good luck!
BBCA >>> Bearish Head and ShoulderBBCA is going to make a downside movement, the target will be 1.618 Fibonacci ratio near the previous gap or 2.24, near the classic target of Head and Shoulder pattern (yellow horizontal line)
#fibomic
#BBCA
Bitcoin's situation+next targets and expected movements.BTC has created an Inverse head and shoulder pattern which means a great bullish trend is on the Horizon. If the price follows this pattern's expected movement,we shall see it reach 40k pretty soon or at least in mid term duration. The expected movement is as much as the measured price movement (AB=CD).The break out has occurred but the confirmation candle has yet to be closed. We might even see a correction one more time before ascending further.keep in mind that the next big resistance for btc will be around 40k.
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🌍Thank you for seeing idea .
Have a nice day and Good luck
DXY Potential ReboundIn our previous analysis of the dollar index, we mentioned that it would rebound from the supposed neckline of the head and shoulders pattern, and indeed it did.
It is now forming another shoulder before ascending again towards the neckline and attempting to break it upwards. Our focus on the rebound location may be at the level of 103.75, which is considered a meeting point for a support level with an annual rising trendline. It may decrease slightly to test the level of 103.5.
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NEWEDEN | GBPJPY - H1 SELL SIDE BIASCan you see the liquidity ?
- Completion of retail pattern
- Huge englufing to the downside after sell side injection for the "Right shoulder"
Lets see where we can induce, and then enter.
-NE-
HnS BABA setup H&S setup for Alibaba in key zone
Great area to start entering slowly with a lot of great areas to have TPs
Easy invalidation at next shoulder, and if more risk averse under head.
Cheers.
USDJPY Bearish OutlookThe USDJPY pair broke below the ascending channel and the neckline of a head and shoulders pattern last week, followed by a significant momentum weakness. Based on my personal analysis, I expect the pair to undergo a corrective move towards the broken neckline, where it also aligns with the 23.6% Fibonacci retracement level and the 100-period moving average on the 4-hour timeframe - both of which often act as support or resistance levels for the pair. After the bounce, I anticipate the price to resume its downward movement towards the 134.200 and 133.100 levels.
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Head N Shoulders On the DXY hey guys,
With the bump today on the news officials are stepping in on the failing banks the DXY is completing the right shoulder and with the CPI data coming tomorrow and the PPI after that could be great catalyst to send it higher completing the head and shoulders pattern.
Keep in mind no matter what the the data comes out the FED will only Pivot if financial conditions are in dire straits and all major market declines comes after the fed pivot not before. ie Fed pivots in 2007 crash in 2008, fed pivot jan 2000 market crash by Sep 2000.
SWK - Head and shouldersOn this chart, we can see a head and shoulders-formation and we are therefore waiting for a breakout of the neckline, to take our short position.
Stop-loss, target and ROI are all shown on the chart.
The target for this trade equals the earlier support level.
In this case, it shows that during the last half year, it has formed into a multiple bottom, and our current target as bears, would be a good entry for the possible uptrend afterwards.
Filcoin, Technical analyst Here it is more specific, we have to complete the pattern of the right shoulder, but then, 3 positions will be formed, either we go up one beat from here, or we go down to the shoulder at the end of the right shoulder, or we go very low, in I put the pictures in the chart in the previous post.
Filcoin. Chart patern I have put some examples of patterns in your Burley chart, which one of these 3 situations may happen for the coin file,head and shoulder, and I have marked the other two patterns with drawings and lines, which pattern do you think the file coin is? Will make ?
CABLE WEAKNESS INCOMING From a Technical standpoint we can see solid resistance forming in this current supply zone, which supports a RETEST of the SHOULDER that has formed around 1.19 Area. There will be a significant fight here however, as the downwards momentum of STERLING is very strong.
Fundamentally the outlook for GBP remains very challenging as opposed to the US Dollar. Whereas Powell is going to realistically need at least one or two more hikes, the BoE is in a rather precarious position. With inflation peaking the Bank of England doesnt have much more room to keep pumping rates up, while other economic factors arent coming as strong in England as they are in the USA, with USA JOBS and consumer index keeping the dollar strong.
Look for CABLE to retest lows at 1.19 and potentially dip further if price action allows it
GOLD - Quasimodo Head & ShouldersBullish on gold for multiple reasons:
Bullish confluences on gold:
Inverted yield curve (Possible recession after yield curve flips)
= Short term bonds have a higher yield than long term bonds (Federal reserve pushing up interest rates to fight inflation)
Possible recession incoming...
Increase investments in asset classes with a potential Recession: - BONDS, GOLD, REITS
Powell says Interest rates rising so this might be bad for gold but it's still looking solid.
NOTE: if it breaks the right shoulder low this trade may be invalidated
