NIFTY MID CAP, TARGET- 29500 H&Sa very good heads and shoulder is forming. today even the market supported it.
target to its support: 29500.
other trend lines too drawn.
- MY ANALYSIS.
Head_and_shoulder
Up & Down in Natural Gas - H&S As you can see here. I'm awaiting shortterm a further bearish movement. Perhaps touching the 200's SMA. After this I expect a sharp rise in gas going into the seasonal peak time for natural gas.
KOTAK MAHINDRA, HEADS & SHOULDERS!!clearly we can see the pattern is forming.
target: 1600.
kotak will reach its bottom point after completing this pattern, making it to buy at best timings!
have a good eye.
Head & Shoulders top on USO/SPX?The Covid Crash was like a reset on all assets and ever since, AMEX:USO has been outperforming the SP:SPX .
The ratio peaked on mid-June and it looks like is actullay forming a head & shoulders top.
This is bullish for stocks as I think the indexes already bottomed (in mid-June). But remeber, is not confirmed until the breakout on the neckline happens.
$ATOM - LONG or SHORT ?Hello my Fellow TraderZ,
The day before I had shared the idea of $QNT forming an ASCENDING TRIANGLE and its possible move.
Similar structure is visible on $ATOM #COSMOS on 1 HTF where price is ranging inside the ASCENDING TRIANGLE and constantly getting rejection from $13.2. Breakout Target would be around 6-11% Profit.
But also it is a bit confusing as it seems like it is also forming a Head & Shoulder pattern with the Trendline as the Neckline. Breaking of the neckline would give us the profit ~ 7-10% on Short.
As a trader our task is to trade on both the sides.
Let's see. Good Luck.
Happy Trading. CHEERS!!!
SBUX H&Son the weekly there is a trendline that seems to be in trouble, here it looks like an H&S, I await neckline and mm, the technical changes seem to be there, perhaps it also corresponds to a resistance given by the previous trend and a gap of Nov 2020
TESLA - $TSLA - Head & Shoulder - Distribution almost OVER!!!!!When great trees fall, rocks on distant hills shudder, lions hunker down in tall grasses, and even elephants lumber after safety.
Soon Tesla will move from the head & shoulder -- down to its KNEES and that is when we will execute our entry for a long hold.
Sorry Elon, your Ponzi gig is up, you can't produce because you don't have materials and the ones that exist are over priced just like your vehicles.
Your stuck boo, your in a corner, stalemate, king cannot MOVE!
I presented this head & shoulder pattern on $TSLA back in July, before the Right Shoulder was complete and now we are on to the final stages.
I see a bounce occurring before heading lower.
On Monday - US holiday - we should expect lower volume and usually that means a sell off.
This view is on a weekly timeframe. I believe Tesla will wick below the neckline as it has in the past and then squeeze up and fill the GAP to $262.47 (1st target).
If the S&P500 shows strength mid October, prior to OPEX options expiry date, Tesla may keep trekking up the the second target which is in the $290 range before breaking the neckline.
Head and shoulder criteria:
1. Buying volume is diminishing and showed most strength on the left shoulder.
2. The head is much higher then the left shoulder.
3. The neckline fits the description of a proper head and shoulder pattern.
GOOODLUCK TRADERS!
USD/JPY closes above 145 - NFP now in focusUSD/JPY finally closed above 145 for the first time in 24 years. Given we saw the MOF (Ministry of Finance) intervene around 145.9 then the potential for the BOJ or MOF to jawbone (if not intervene) may be high. However, traders remain aware that it will take a coordinated intervention to turn this trend around, which is why prices simply drifted back to the highs when the MOF intervened in September. And until we see any sort of intervention, price action remains king. Take note that the MOF last intervened around 145.90, so maret may become twitchy the closer we get to that level.
An inverted head and shoulders pattern has formed on the USD/JPY 1-hour chart, which projects a target around 146.2. With the dollar looking strong ahead of today's NFP report, perhaps we'll see another leg higher ahead of the key Nonfarm report.
The trend remains bullish and we would consider bullish setups above the broken neckline, with the initial target being the highs around 145.35 and the daily R1 pivot.
Bearish head and shoulder In Indigo 🎨 A very good bearish head&shoulder made in the 1 day chart of Indigo paints soo its a tym to short it or not buy it .
Sell Indigo paints below 1479
Target 1444 1395 1365 1350
Sl 1550
(Head and Shoulders)^2One of the most reliable patterns historically. I am betting on it playing out for about 10% downside in the Qs.
📈✌BTC 2H Long Position: Risky✌📉BINANCE:BTCUSDT
COINBASE:BTCUSD
Hi traders, first take a look at my previous analysis and positions.
between now and the yellow area, you can open a long position in two or three steps. 🐱🏍
If the price rises and reaches the TP1 level, you can risk-free the position.
TP1-2-3 are on the chart.
The optimum stop-loss is below the determined levels.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌
HEAD AND SHOULDERS PATTERN POSITIONI take my position when the price break the neckline of the pattern with my stop loss at the right shoulder and my take profit is a little bit higher than the difference between the head and neckline reported to the level of the breakout of the neckline ( I hope it makes sense haha).
Moreover, the anticipated difference stops at the support.
F MASSIVE BEARISH HEAD AND SHOULDERS (SELL) $$$A head and shoulders pattern is a bearish reversal pattern that indicates that the uptrend has reached its top and that the reversal has begun. As you can see from the weekly chart, this head and shoulders pattern suggests a very negative price action in the following weeks until F finds firm support and bounces off to bullish territory
📈✌ETH 1H Long Position: Risky✌📉BINANCE:ETHUSDT
COINBASE:ETHUSD
Hi traders, first take a look at my previous analysis and positions.
between now and the yellow area, you can open a long position in two or three steps. 🐱🏍
If the price rises and reaches the risk-free level, you can risk-free the position.
TP1-2-3-4 are on the chart.
The optimum stop-loss is below the determined levels.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌
DOGE inverse head and shoulders#DOGE/USDT
$DOGE is inside ascending channel, and price shaped an inverted head and shoulders pattern.
🐮 now price is near the neckline of this H&S. break out from neck line will increase price toward resistance zone around $0.67 which is the same with descending trend line.
🐻 rejection from neckline and descending trend line will drop price to lower line of channel to try to break it down.
SUN PHARMACEUTICAL Inverse Head and Shoulder Formation. *SUN PHARMACEUTICAL*
Time Frame: Daily
Observation:
* Inverse Head and Shoulder Formation.
* Lifetime High Breakout
Resistance/Target: 995 1055 1115 1155
Support: 864 821 791
btc head and shoulder pattern weekly time be care full btc next target 14500 and 12800
and btc going 10k is not true ok
plz follow me
Natural Gas, 4-Hour, Head and ShouldersDue to a head and shoulders pattern, a trend break, a supply reaction and an RSI divergence, I predict a decrease in natural gas' price.
FTSE UK equity market large top formation#FTSE large top formation.
Very important
Support 6,850.
4 lower lows.
Double H&S with neckline tilted downweekly head and shoulders with sloping neckline at the bottom, in these cases the entry is anticipated on the right shoulder, something confirmed by another newspaper and daily shoulders
AUDCAD - HEAD AND SHOULDERS 📉The AUDCAD price is in Bearish Head And Shoulders Pattern 🧐
the Neckline is broken ✔
so, i predict a bearish move 📉
TARGET: 0.87824 🎯
...
if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
LINKUSDT Potential Head and Shoulders TopPotential Head and Shoulders Top 3D scalp trading
LINKUSDT is initiating a bearish momentum on 4H chart. The price action tested the trendline w/ weak volume. Expecting a neckline validation for a turn-point to scalp the probable right shoulder of this bearish pattern. Then I traced horizontal lines to look for the potential pivot price levels. Oscillator Fisher Transform on 1H showing that the actual leg down from peak of the head is finishing and we can expecting a strong retrace close to 78% to the level of the previous left shoulder. A 2nd pullback can occurs to retest the trendline w/ a healthy 30% retrace which is a key level to open a short position.
Huntsman (HUN) - Head and Shoulders?Possible Head and Shoulders pattern with Neckline @ $24. A break would give readable targets @~ $14ish. This also coincides with trend channel.
