GOLD(XAUUSD): Very Bearish Pattern📉GOLD formed a notable head and shoulders pattern at a significant daily/intraday horizontal resistance.
A bearish breakout from its horizontal neckline indicates strong selling pressure.
It is likely that the price will continue to decline, potentially reaching the 3219 level.
Head and Shoulders
$NVDA - head and shoulders + possible bull shark harmonicOn my chart, NVDA appears to be potentially forming a head and shoulders pattern.
At the same time, an almost perfect bullish shark harmonic woukd comple around the target for the head and shoulders pattern.
Could be something, could be nothing.
But I'll be careful and not spend my money on NVDA just yet.
Positive earnings might invalidate this idea and send NASDAQ:NVDA to the moon instead.
Let's see what happens.
XAUUSD: Mid-Term Swing Sell OpportunityXAUUSD: Mid-Term Swing Sell Opportunity
While Gold's (XAUUSD) larger timeframe remains bullish, the intermediate trend has turned bearish. This shift is clearly signaled by a break below previous lows and the formation of a clean Head and Shoulders reversal pattern.
Currently, price is testing a strong support confluence at a Fair Value Gap (FVG) and a Demand Zone below.
Strategy: Bounce & Sell
Our strategy is to sell into bounces (short on rallies). Key resistance levels to watch for reversal
signals include:
3300: Coincides with the Range Volatile Day High.
3325 - 3350: This is a significant Supply Zone.
We will wait for bearish candlestick patterns and reversal patterns to confirm the move down at these resistance areas.
Downside Targets
Our primary downside targets are:
3150: Aligns with the Range Volatile Week Low.
3100: If this level breaks, we'll then look towards the final support at 3000, potentially forming a Triple Zigzag (WXYXZ) corrective structure.
From a time perspective, we anticipate this bearish phase to last approximately 13 days, in line with Fibonacci Time Cycle analysis.
Crucial Considerations
Effective Money Management is paramount. Ensure your position sizing is appropriate for the expected volatility range. Always be prepared to adapt your view when the price structure clearly invalidates the current bearish setup.
Trade carefully and profitably.
C.Goii Super Trader
NZDJPY: Bullish Wave is Coming 🇳🇿🇯🇵
I have a strong feeling that NZDJPY will resume growth soon.
A neckline breakout of an inverted head & shoulders pattern
provides a strong swing confirmation.
The pair may reach at least 87.0 level soon.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short on goldObserving a potential triple top forming on the 4-hour timeframe, with price making a third lower high. This structure suggests continued bearish momentum.
Market Structure:
A triple top is visible on the 4H.
Price has broken the neckline, confirming potential downside.
My take profit target is set at 3125.200.
Entry Plan:
I’m expecting price to pull back and retest the broken neckline.
If we get a clean retest that isn’t driven by sharp news-driven movement, I’ll be looking to enter short on confirmation.
Your are not Bullish enough on ETHExperts foresee Ethereum’s future mirroring that of early Amazon and Microsoft, predicting significant growth.
Analysts draw parallels between Ethereum (ETH) and major tech companies such as Amazon and Tesla, indicating that it could be a high-growth asset moving forward.
Even though ETH has experienced a recent decline, several analysts point out the increasing interest from institutional investors, with substantial holders actively accumulating.
The long-term prospects of Ethereum are linked to its innovative capabilities and established reputation, with its security-oriented strategy echoing Amazon’s approach to growth.
The analyst pointed out that this is a pivotal moment to "front-run" Ethereum's potential supremacy in the blockchain arena. He emphasized that Ethereum is set apart by its ongoing innovation; however, instead of focusing on immediate user expansion, the network has prioritized security. This dedication to dependability has established Ethereum as the most reliable settlement layer in the sector.
Please refrain from analyzing ETH as if it were Procter & Gamble. Acquiring ETH is more akin to investing in a high-growth stock like AMZN, MSFT, or TSLA from decades past.
Ethereum's approach to enhancing the dominance of the EVM could be compared to Amazon.
This chart comparing ETH prices to Tesla's stock price indicates a parallel trend of growth and dominance.
Make no mistake, I am quite optimistic about Tesla's prospects through 2030.
But this ongoing head and shoulders pattern implies that as we move into the Crypto Banana zone, ETH will accelerate and potentially surpass Tesla's market cap.
5/29 Gold Analysis and Trading SignalsGood morning everyone!
Yesterday, gold rose first and then declined. Our long positions targeting 3318–3326 were completed successfully, and we timely shifted to short positions, resulting in another round of solid profits.
📉 Technical Outlook:
Gold remains in a bearish trend, and is now very close to the 3275 support level. Based on the current price structure, a break below this level is highly probable.
If $3275 is breached, focus on key support at 3258–3238
Resistance levels to watch: 3298–3318
The daily (1D) chart is currently in an indicator correction phase, so today's trading bias is selling from higher levels
🗞 News Focus:
Watch for U.S. initial jobless claims data today. It may offer short-term support for gold, but is unlikely to reverse the broader bearish trend.
📈 Today’s Trade Plan:
📉 Sell in the 3316–3328 zone (resistance zone)
📈 Buy in the 3245–3232 zone (key support area)
🔁 Scalp/flexible trading levels:
3303 / 3288 / 3276 / 3258 / 3247
Stay adaptive and combine news with price action at key levels for best results.
Wishing everyone a successful and profitable trading day!
VALIANTLAB : Breakout Candidate (Swing Pick)#VALIANTLAB #swingtrading #breakoutstock #momentumstock
VALIANT LAB : Swing Trade
>> Cup & Handle Formation Visible
>> VCP Structure also Visible
>> Good Strength in stock
>> Volume Contraction seen, Expansion imminent
>> Potential Upside 23%
Swing Traders can lock 10% profit and keep trailing.
Disc : Stock chart shared for Learning Purpose and not a Trade recommendation.
5/28 Gold Analysis and Trading SignalsGood morning everyone!
Yesterday, gold saw a sharp downward move, and we profited well by trading short based on the double-top pattern.
Yesterday, gold has reached the 3287 support area, and by the end of the U.S. session it rebounded slightly above 3300. Although the rebound lacks strong momentum, it does show that the support zone held on the first test. Whether the bulls can take back control depends heavily on today's follow-up strength.
📊 Key Technical Levels:
If bulls break above and hold 3323–3336, a bullish reversal is likely;
If the bounce is weak, short positions remain the preferred strategy;
4H support: 3268
Daily support: 3172
Before that, 3301–3275 also forms an important support zone;
If price breaks below 3301–3275, especially under negative news impact, a drop to 3150 or even 3100 is not out of the question.
🗞 Key News Focus Today:
Watch for May FOMC-related remarks during the U.S. session, which could become a catalyst for major market movement.
📈 Today’s Trading Plan:
📉 Sell in the 3342–3362 zone (strong resistance)
📈 Buy in the 3258–3248 zone (strong support)
🔁 Flexible intraday levels to monitor:
3336 / 3328 / 3319 / 3306 / 3295 / 3286 / 3274 / 3266
Stay sharp and combine technicals with key news events to make informed trades. Feel free to reach out if you need support — wishing you a profitable day ahead!
Potential ETH IH&S Continuation (4H)BINANCE:ETHUSDT might be forming an Inverse Head & Shoulders on the 4H chart.
• A right shoulder around ~$2400 would complete the pattern
• Confirmation comes with a breakout above the $2730 neckline
• Measured move target: ~$3130
Keep an eye on ~$2800 – it's a key daily/weekly S/R that could provide strong resistance and possibly stall the breakout.
In a No-Trade Zone until either a bounce from $2400 or a break above $2730.
EURNZD: Double Confluence with Fibonacci and Head & Shoulders
EURNZD shows a potential bearish reversal setup after hitting the resistance zone at 1.9100 . The price has rejected from the 0.786 Fibonacci retracement level , aligning closely with the psychological resistance at 1.9100 — forming a double confluence.
A potential short-term retracement is expected toward the 1.88300 zone, which is projected by the 1.618 Fibonacci extension and acts as a round figure support level .
🟩 Key Levels:
- Resistance: 1.9100 (also recent swing high)
- Expected Target: 1.88300
- Invalidation Above: A clean breakout and close above 1.9100
---------------------
📍 4H Chart Analysis
A Head and Shoulders pattern is clearly forming on the 4H timeframe. The price is currently testing the neckline zone , and if a breakdown occurs, it may confirm a deeper bearish movement , adding higher timeframe support to the bearish idea.
This structure further strengthens the bias that the recent bullish retracement might have ended, and the next leg could be downward toward the expected zone.
The confluence of Fibonacci levels on the 1H chart and the bearish Head & Shoulders formation on the 4H chart suggests that bears might take control below 1.9100 . As long as the price stays under this key resistance, the bearish outlook remains valid, targeting 1.88300.
Crypto 2021-22 Rerun?Crypto ex-BTC looks like an identical setup with high, divergent higher high, dead cat bounce, with the same level of resistance in play (both double top and 'right shoulders')
Shitcoins and crypto are much less popular among retail this time around, which has me thinking a FOMO surge to new highs is off the table this time.
I think there's a short setup here, but posting before a break confirmation has occurred anyway (so technically still neutral today). I dont trade crypto, but follow the trends and this just stood out to me enough to share.
US2000 Index | Double Confluence Test – Neckline & Trendline The US2000 (Russell 2000) is completing an Inverse Head and Shoulders pattern on the daily chart — a classic bullish reversal signal. However, price has not yet closed above the neckline, which currently aligns with a descending trendline from the November 2024 highs. This creates a strong confluence zone of resistance around 2,110.
Adding to the bullish structure, the 10 SMA is sloping upward and has supported price during the formation of the right shoulder. This suggests rising short-term momentum, but buyers still face a major decision point at the current level.
Support at: 2,027.6 🔽
Resistance at: 2,110 🔼, 2,200 🔼, 2,315 🔼
🔎 Bias:
🔼 Bullish: A daily close above 2,110, which breaks both the neckline and descending trendline, would confirm the inverse H&S pattern and likely trigger a move toward 2,200 and 2,315. The rising 10 SMA may continue acting as dynamic support during this breakout.
🔽 Bearish: Rejection from this confluence zone and a breakdown below 2,027.6 would invalidate the pattern and could reintroduce bearish momentum.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
AUDJPY Bounce or Breakdown? Key Levels Ahead
AUDJPY is currently showing bullish signs after a Change of Character (CHoCH) occurred at the 93.800 level. This breakout suggests potential for upward continuation.
The ZigZag structure also supports a bullish wave continuation, with the next Fibonacci-based target around 94.840.
A possible pullback remains valid as long as the price stays above the support zone at 92.700. Any breakdown below that level could weaken the bullish structure.
---------------------
📍 4H Chart Analysis (Supportive Confirmation)
On the higher timeframe (4H), the market appears to be forming an Inverse Head and Shoulders pattern , a strong bullish reversal structure.
- The price is currently building the right shoulder , with a potential neckline breakout targeting 96.000 , a strong psychological resistance.
- Two major scenarios to consider:
1. ✅ If price breaks above the neckline and sustains above 96.000, it could lead to a strong bullish rally.
2. ❌ If price fails to complete the pattern and breaks below the shoulder zone at 92.000, it may trigger a bearish move instead.
---------------------
🧠 Conclusion
As long as 92.700 holds , the 1H bullish scenario remains valid with a near-term target of 94.840 . The 4H chart adds strong structure support via the developing Inverse Head & Shoulders, favoring buyers — unless invalidated by a breakdown below 92.000.
📈 Active Bullish Setup (Above 92.700)
🎯 Target: 94.840 | Max Bull Potential: 96.000
🛑 Invalidation Below: 92.700 / 92.000 (4H shoulder base)
2 Bullish Patterns under Construction ;-)APL Analysis
Closed at 460.36 (29-05-2025)
2 Bullish Patterns under Construction ;-)
Imemdiate Resistance is around 468 - 470
which needs to Cross & Sustain on Weekly basis.
It may then easily touch 550.
On the flip side, 441 - 445 may act as a Good Support.
& breaking 440 will bring more selling pressure towards
410 - 415.
EURAUD Swing Trade (Long)After seeing price come into the premium of the daily structure and a strong level of daily support we are now seeing an inverted head and shoulders pattern, which can be seen on the daily and 4h timeframes.
If we see a daily candle break and close above the orange resistance zone (which is also the neckline of the inverted head and shoulders pattern) then i will be looking for price to come back to retest the neckline to target the daily HH (1.8400)