PENGU Inverse Head & ShouldersPUNGU Inverse Head and Shoulders resting on support, downward trend lines broken. As always, just showing what I see and the potentials to play out.
Head and Shoulders
BTC inverse head shoulder Looks like after we found the bottom, forming an inverse head shoulder pattern which is potentially a bullish/ reversal pattern. Follow for more tips.
SOL UPDATEhello friends
Considering the heavy fall of Solana, now we have formed a classic pattern in the good support area, and we can enter into transactions with the failure of resistance, with risk and capital management, and move with it to the specified goals.
*Trade safely with us*
Indian Index Sensex CMP 73198. Where is it heading?Sensex CMP 73198
Head & Shoulder pattern was made. After an unsuccessful attempt to protect the neckline, it was comfortably broken. Potential target for Indian Index Sensex now remains approx. 67300.
KLA Corporation Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# KLA Corporation Stock Quote
- Double Formation
* 910.00 USD Area | Completed Survey
* (Hypothesis Entry Bias))| Short Support | Subdivision 1
- Triple Formation
* ((No Trade)) | Short Term Bias | Subdivision 2
* 0.786 Retracement Area On Short Set Up | Subdivision 3
* Daily Time Frame | Trend Settings Condition
- (Hypothesis On Entry Bias))
* (Uptrend Argument)) & Pattern Confirmation
* Ongoing Entry & (Neutral Area))
Active Sessions On Relevant Range & Elemented Probabilities;
European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Sell
Reckitt Benckiser Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Reckitt Benckiser Stock Quote
- Double Formation
* (Area Of Value)) | Completed Survey
* Valid Pattern Confirmation | Entry Feature & Long Support | Subdivision 1
- Triple Formation
* (Forecast | Template | Short Entry) | Short Term Bias | Subdivision 2
* (Zero Trade)) Area | 2nd Retracement | Subdivision 3
* Daily Time Frame | Trend Settings Condition
- (Hypothesis On Entry Bias))
* (Uptrend Argument)) & Pattern Confirmation
* Ongoing Entry & (Neutral Area))
Active Sessions On Relevant Range & Elemented Probabilities;
European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
BTCUSD: Bearish Pattern Meets Bullish Liquidity – What’s Next?
📉 Bearish Outlook on LTF
On the 12H timeframe, a Head & Shoulders pattern is in play, with a projected target of $59,117.99 . This level aligns perfectly with the liquidity zone on the 4D chart, making it a key area of interest.
📈 Bullish Outlook on HTF
If buyers step in at this liquidity zone ($58,890.48) , BTC could see a second retest of the higher timeframe range before potentially reclaiming bullish momentum toward $146,750.87 .
🔍 Smart Money Perspective:
- A breakdown to GETTEX:59K confirms the Head & Shoulders pattern.
- A strong reversal from liquidity could turn this move into a second retest , fueling a long-term uptrend.
🎯 What’s Next?
Are we seeing a bearish continuation or the foundation for a massive reversal? Share your thoughts below!
EURUSD: Confirmed Bearish Trap 🇪🇺🇺🇸
EURUSD formed a confirmed bearish trap
after a test of a key daily support.
As a confirmation, I see a bullish breakout of a neckline
of an inverted head & shoulders pattern with a bullish imbalance.
The pair is going to reach 1.044 level soon.
❤️Please, support my work with like, thank you!❤️
GBPJPY Consolidation Break with Rising Yen Inflation PressureFX:GBPJPY
4H chart shows it has been in consolidation.
At the time of writing, GBPJPY pushed through both the upper and lower bound of the price channel.
1D chart
An inverted head-and-shoulders is forming, with the neckline yet to break. Rising volume hints at a potential bullish move.
The Yen inflation
Japan’s inflation hit 4.0% in January 2025, a two-year high (weak Yen). This strengthens the case for BOJ rate hikes, potentially boosting JPY and pressuring GBPJPY upsides.
GBPJPY Consolidation Break with Rising Yen Inflation Pressure FX:GBPJPY
4H chart shows it has been in consolidation.
At the time of writing, GBPJPY pushed through both the upper and lower bound of the price channel.
1D chart
An inverted head-and-shoulders is forming, with the neckline yet to break. Rising volume hints at a potential bullish move.
The Yen inflation
Japan’s inflation hit 4.0% in January 2025, a two-year high (weak Yen). This strengthens the case for BOJ rate hikes, potentially boosting JPY and pressuring GBPJPY upsides.
More memecoin misery for Murad?Murad Mahmudov is a polarising figure in the cryptocurrency world, known for his shift from staunch Bitcoin advocacy to emerging as a leading influencer in the meme coin arena. Previously, he served as an analyst at Goldman Sachs and held the position of Chief Investment Officer at Adaptive Capital, a fund that faced bankruptcy following significant losses during the Bitcoin crash in March 2020.
Murad Mahmudov's most significant investment at the moment is in SPX6900 (SPX), where he transformed a $387,000 stake into an astonishing $23.6 million in a mere four months. Additionally, he has invested over $1 million in various meme coins such as APU and MINI, reflecting his confidence in the impending meme coin supercycle.
His portfolio is diversified across Ethereum and Solana, featuring a selection of tokens like MOG, POPCAT, and GIGA, which he believes possess fervent, cult-like communities.
His ascent has ignited discussions, especially following the disclosure of his significant investments in meme coins such as #SPX6900, which has led to skepticism regarding his authenticity and possible conflicts of interest.
Although his emphasis on mid-cap, community-oriented tokens has yielded profits, it highlights the inherently speculative aspect of meme coins, where fervent fanbases can drive dramatic yet unpredictable price fluctuations.
In fact, his widely circulated address at Token 2049 in Singapore may have triggered a market peak, suggesting that additional turmoil and recovery will be necessary to clear out the excesses that have accumulated.
CRUDE OIL (WTI): Nice Setup to Sell
WTI OIL looks bearish after a test of a key daily horizontal resistance.
A formation of a head & shoulders pattern on that and a violation of its neckline
indicate a highly probable intraday bearish movement.
The price will reach at least 69.3 level soon.
❤️Please, support my work with like, thank you!❤️
Wesfarmers Ltd Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Wesfarmers Ltd Stock Quote
- Double Formation
* (Area Of Value)) | Completed Survey
* Trendline Crossing | Entry Feature & Long Support | Subdivision 1
- Triple Formation
* ABC Flat Feature | Short Term Bias | Subdivision 2
* 1.618 Retracement Area | 2nd Retracement | Subdivision 3
* Daily Time Frame | Trend Settings Condition
- (Hypothesis On Entry Bias))
* (Uptrend Argument)) & Pattern Confirmation
* Ongoing Entry & (Neutral Area))
Active Sessions On Relevant Range & Elemented Probabilities;
European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
The Head and Shoulders Pattern: How to TradeHello, Traders!
Have you ever noticed price action forming three peaks, with the middle one standing taller than the others? If so, you’ve spotted the head and shoulders pattern, one of technical analysis's most well-known and reliable reversal patterns. Whether you’re trading stocks, forex, or crypto, the head and shoulders chart pattern can provide high-probability setups for both bullish and bearish trades. But is the pattern of the head and shoulders bullish or bearish? The answer depends on its structure.
Let’s dive into what a head and shoulders pattern is, how to identify it, and how to trade both the classic and inverse head and shoulders patterns effectively.
What Is a Head and Shoulders Pattern?
The head and shoulders trading pattern is a reversal formation that signals a shift in trend direction. It consists of three peaks:
Left Shoulder – A price rise, followed by a temporary decline.
Head – A higher peak, followed by another drop.
Right Shoulder – A lower peak that struggles to reach the height of the head, signaling weakness in the trend.
Neckline – A support level connecting the lows of the left shoulder and the right shoulder. The breakout below this level confirms the reversal.
The head and shoulders stock pattern typically appears at the top of an uptrend, indicating a potential trend reversal to the downside.
Is the Head and Shoulders Pattern Bullish or Bearish?
The classic head and shoulders pattern is bearish, which usually signals that buyers are losing strength and sellers are taking control. Traders use it to identify potential downtrends and short-selling opportunities.
However, the reverse head and shoulders pattern, also known as the inverted head and shoulders pattern, is bullish and might signal the start of an uptrend.
The head and shoulders candlestick pattern is considered to be most effective when combined with volume analysis—high selling volume at the neckline is thought to confirm the breakdown.
Head and Shoulders vs. Other Reversal Patterns
The head and shoulders chart pattern is one of the most reliable reversal formations, but how does it compare to others?
Head and Shoulders vs. Double Top – The head and shoulders pattern includes three peaks, while a double top has only two.
Head and Shoulders vs. Triangle – Triangles are continuation patterns, while the head and shoulders candle pattern signals reversal.
Final Thoughts: Why the Head and Shoulders Pattern Matters
The head and shoulders trading pattern is considered to be powerful for identifying trend reversals. Whether you’re trading a head and shoulders, a pattern bullish setup with an inverted head and shoulders pattern, or a bearish reversal with the classic formation, mastering this strategy can improve your trading accuracy.
So, traders, have you used the head and shoulders chart pattern in your strategy? What’s your success rate with it? Let’s discuss it!
BTC Ready for a Major Move! (30m Chart Analysis) Chart Setup:
#BTC is forming a Head & Shoulders pattern on the 30-minute timeframe, signaling a potential bullish breakout. Additionally, a bullish divergence has appeared, strengthening the case for an upward move.
Key Levels to Watch:
🔹 Neckline Breakout: A confirmed breakout above the neckline could trigger a strong long opportunity.
🔹 Support Zone: If #BTC retests and holds the support level, it may provide a better risk-reward entry.
🔹 Invalidation: A breakdown below key support could shift the bias.
Trading Plan:
🔹 Wait for a clean neckline breakout with volume confirmation.
🔹 Set a stop-loss below recent support.
🔹 Target key resistance zones for profit-taking.
What’s Your Take?
Will #BTC break out or get rejected? Drop your thoughts in the comments!
Follow for More Trade Ideas & Market Updates!
NIO Has A Broken Neck! Can we take advantage?NIO is showing a textbook head and shoulders (Bearish) pattern. It is characterized by a change in market structure where the left shoulder forms the initial high and low, the head signifies the continuation and the right shoulder is the failure in the resumption of the trend. In this chart, we notice that the right shoulder fails to make a new high and proceeds to make a new low. By connecting the pivot lows, we can identify a H&S neckline near the $5 mark. We recently fell below this line which is our first signal to enter the short.
Looking for additional confluence, we note that there was significant support that was broken in the pink zone which stems from March 2024. That zone has been tested several times since March 2024. We have also broken below the 200ma which confirms the long-term downtrend. On the most recent candle, we broke below these key levels with above-average spread and above-average volume suggesting strength to the downside. Finally, since Trump has won the presidency, he vowed to increase tariffs, especially for China. This is terrible fundamental news for the Chinese stock.
Aggressive traders may take the short as is and may ride the short to the first target (~$4) which I have identified as a potential support area. There is a second target which is projected by the head and shoulders pattern (~$3.50)
For more conservative traders, we can wait for the retest of the neckline which happens to coincide with the 200 MA and sits just above the former support turned resistance. I like this level better because it provides a better risk-reward ratio.
Key notes: Earnings are coming up in a few days. This could be a volatile event that works in the trade's favor or works against it. Please be aware of that risk while trading.
GLTA
SOL Potential drops -55% to $131? Here’s WhyBINANCE:SOLUSDT might be forming another right shoulder of a W-bottom (light blue line). The target drop is around $131, which happens to be the mid-point (0.5) of the descending channel—a reasonable support level.
The first right shoulder has already formed, and its drop was exactly the same as the left shoulder—both at -47%.
However, the best-case scenario would be if it finds support at the upper boundary of the descending channel. Let's see if it can hold there.
🔴 Read my signature & publications for more info you don’t want to miss.
🔥 for more future "guesses" like this!
🔥 I've dropped an analysis for the 2025 altseason on the right hand side if you're using computer, and scroll down a bit to see the link if you're using mobile.
Head & Shoulders Pattern Forming – Gold Breakdown Soon?Gold ( OANDA:XAUUSD ) is currently near the Resistance zone($2,948-$2,940) . Gold attacked the Resistance zone($2,948-$2,940) several times but failed to break it and even created a Bull Trap .
Regarding Classical Technical Analysis , Gold seems to be completing the Head and Shoulders Pattern . If Gold reaches the Neckline of this pattern , it seems to succeed in breaking it. One of the signs of the validity of the Head and Shoulders Pattern is to see a Regular Divergence(RD-) between the two shoulders, which we see here.
According to the theory of Elliott waves , Gold seems to have succeeded in completing corrective waves. The structure of correction waves is Double Three Correction(WXY) .
I expect Gold to reach the Neckline of the Head and Shoulders Pattern in the coming hours, and if it breaks , it will drop to at least $2,901 .
Note: If Gold can go over the Resistance zone($2,948-$2,940), we can expect more pumps.
Note: If Gold touches $2,934, we can hope for a drop.
Do you think that Gold succeeds in forming a new All-Time High(ATH) or does it need to be corrected?
Be sure to follow the updated ideas.
Gold Analyze ( XAUUSD ), 30-minute time frame.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
GOLD Daily, H4, H1 Forecasts, Technical Analysis & Trading IdeasDaily Timeframe:
TVC:GOLD has been rising rapidly recently but has almost stopped since February 11, when it hit its uptrend channel line.
With the RSI hitting resistance at 77 and showing signs of falling, there is a high probability that a corrective wave is about to begin.
Four-hour Timeframe:
A rising wedge pattern has formed in the price.
As long as the price does not break the resistance at 2955 and the red line of the rising wedge continues upwards, a downward wave is expected to begin.
A strong bearish divergence has also formed in the RSI.
One-hour Timeframe:
A head and shoulders pattern is forming.
If the price can break the neckline downward and the blue trend line of the rising wedge is also broken, the probability of a downward wave will be very high.
What happened? The gold price fell to 2935 againAfter waking up, I found that the gold price stopped at 2635. It was strange that the price was still at 2953 when I was about to rest, and no reporter told me that there was an emergency in the middle. Why did the gold price fall so fast?
I looked at the market. After the Asian market opened, the gold price was technically corrected and the pressure from the upper high was strong, so it was adjusted back to repair the rebound affected by the news in the New York market.
The news hardly mentioned how badly things were going. On the contrary. Maybe this time the negotiations were effective. The negotiations are being revised one after another. If the peace talks come to an end, the gold price may see a large adjustment. It is expected that a few hundred points will be very easy.
At present, there is still a need for further technical corrections, leaving aside the impact of news. In the short term, the gold price still wants to break the upward channel. The bears are still very strong, and the current gold price is at 2936. The hourly candlestick chart shows that if the point near 2925 falls below, there is a high probability that it will fall below 2900 in the short term. If there is no entity breaking this position in the short term, it will still be mainly consolidating at a high of 2930-2950.
Therefore, buying low and selling high is the main option. Before the general direction is decided, it is difficult to see a unilateral sharp rise or fall in the market, so keep this trading strategy and idea.
EURAUD: Bullish Reversal Confirmed?The EURAUD pair has developed an inverted head and shoulders pattern on the 4-hour chart, signaling a possible bullish reversal.
A breakout above the pattern’s neckline points to continued upward momentum, with a potential test of the 1.6620 level soon.
EURAUD: Confirmed Bullish Reversal?!The EURAUD pair has formed an inverted head and shoulders pattern on the 4-hour chart, indicating a potential bullish reversal.
A breakout above the neckline of the pattern suggests further upward movement, with a likely test of the 1.6620 level in the near future.
BNB Ready for a Major Breakout? Head & Shoulders Pattern in PlayMarket Insight:
#BNB is currently trading in a prime buying zone for spot traders, showing strong price action on the 4-hour timeframe. A Head and Shoulders (H&S) pattern is forming, and we are closely monitoring its breakout for a potential bullish move.
🔹 Bearish Signs? None so far! The market structure remains intact, and buyers seem to be in control.
Trade Plan for Bulls:
🔹 Breakout Confirmation: A clean break above the neckline of the H&S pattern will confirm bullish momentum.
🔹 Entry Zone: After confirmation, a long position can be initiated with proper risk management.
🔹 Stop Loss & Risk Management: Place a stop-loss below the right shoulder to manage risk effectively.
🔹 Potential Target: If the breakout holds, we could see a strong upward move toward key resistance levels.
🔹 Chart Analysis: (Attach a well-annotated chart with clear trendlines, breakout zones, and risk-reward levels)
🔹 What’s Your Take?
Do you think #BNB will break out or face rejection? Drop your thoughts in the comments!
Like & Follow for more real-time trade setups!
