WATCH FOR NEXT BIG MOVE FOR DOW JONES COMING DAYS!!🚨 US 30 HIGH PROBABILITY BUY SETUP SOON 🚨
* Here We Can See Clearly The Next Potential Move For Dow 30 In Coming Days.
* Here We Can See Clearly US 30 Is Forming Inverse Head & Shoulder Reversal Pattern.
* Keep Your Eyes Close On Your Trading Positions.
* Happy PIP Hunting Traders.
* FXKILLA *
Head and Shoulders
ADD DARK MAGA $DMAGA on to your WatchlistInteresting structure
and action on this S coin on #solana
Elon very briefly changed his X pfp to the dark maga colours
if thats all you need for a fundamental reason ... thta's a pretty good one
But on a technical level we have a higher low
let's see if it can break through that key level and form. large inverse head and shoulders
SPX ,,where to??it looks like we are hitting back to 5257!!!
are we forming a head and shoulder pattern!
Afffle India-Breakout Of Inverted H&S PatternThe inverse head and shoulders chart pattern is a bullish chart formation that signals a potential reversal of a downtrend.
USDJPY consolidation breakoutUSD is not in the best shape! Yen is the most recent safe haven with their recent rate hikes. Market favours JPY. This is the best trade I could find in the market. Best of luck and happy trading!
COIN…..retesting 200MA…..possible inverse Head & ShouldersI think it may be time to buy the dip on NASDAQ:COIN as equities grow more and more risky everyday. Current politics, inflation, and consumer sentiment has weighed heavily on the market. I believe we could see a nice rally in crypto throughout the remainder of August.
GBPJPY: Pullback From Resistance 🇬🇧🇯🇵
GBPJPY may retrace from a key intraday resistance.
I see a head and shoulders pattern on that
with a confirmed breakout of its neckline.
The price may reach at least 186.44 level today.
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EURUSD Analysis==> H&S patternEURUSD reacted well to the Potential Reversal Zone(PRZ) and Heavy Resistance zone($1.1185-$1.098) .
According to the theory of Elliott waves , it seems that EURUSD has succeeded in completing five impulsive waves , and we should wait for EURUSD to decline .
From the point of view of Classical Technical Analysis , it seems that Head and Shoulders Pattern is likely to form.
I expect EURUSD to continue to decline, at least in the Support zone($1.0885-$1.0860) .
Euro/U.S.Dollar Analyze ( EURUSD), 1-hour 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.
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Bearish Signals on AluminiumAluminium versus the USD (ticker: XAL/USD) has traded southbound since reaching a high of $2,800, limited between a descending channel (extended from $2,800 and $2,475).
Adding to the bearish vibe, price action manoeuvred below trendline support, taken from the low of $2,110, and retested the underside of the ascending line to form resistance. What also might interest technical analysts is the head and shoulders top pattern (head at $2,800), which was completed in mid-July (neckline breached). Price has yet to reach the pattern’s profit objective at $2,131, therefore, further underperformance could be seen for the base metal this month. In addition to this, you may acknowledge the potential for a bearish pennant pattern to form (drawn from the high of $2,321 and $2,206).
AUDUSD forms head and shoulders bottomOn the 4-hour chart, AUDUSD formed a head and shoulders bottom pattern. At present, the upper resistance of AUDUSD is around 0.6610. If it breaks through, it will continue to rise. The upper resistance is around 0.6700.
VENKYS Count your chickens before they are hatched ..BUYGood inverted head and shoulders...breakout....this chicken stock..should shoot up fast ..tgt of pattern calculated and posted on chart...
INDIGOPNTS - Long above 1500Can go long above 1500
In consolidation for last 2 years and inverse head & shoulder pattern in weekly timeframe. Please wait for good candle close above 1500.
Stoploss - Mentioned in the Chart.
Target - TP1 and TP2 mentioned in the chart.
Calls SLBI'm buying same calls, expiring next Friday. This time I'm not giving it too much time bc I want them cheap. Strike 48. I'm taking higher risk but it Iooks so bullish
Selling EURUSD!!Hello traders this is one of the best setup for the week!
On this trade we have a few technical indication that tell us we might be selling.
We first have a head and shoulders which indicates that it might see a reversal very soon.
Another thing we have is this nice FVG which I think price will retest. This FVG will play an important role in setting our TP.
We also have have the 50 SMA with default settings looking pretty nice. If we breakout of the neckline we will be trading under the 50 SMA.
We also have a trendline which is not very valid but on this context is works
This could be for our TP but I will aim for the blue one which is based on our 4H FVG
Please note that this trade only after the breakout :)
EUR/USD Sell Analysis: Head & Shoulders Pattern 15M TFAnalysis:
My analysis indicates a bearish sentiment, especially after a strong move up. Now, we expect the price to come back down. The 1-hour timeframe (1H) reveals the head and shoulders pattern. For a precise entry, the 5-minute timeframe (5M) should be used to identify the sniper entry point.
EUR/USD Sell Analysis: Head & Shoulders PatternMy analysis indicates a bearish sentiment, especially after a strong move up. Now, we expect the price to come back down. The 1-hour timeframe (1H) reveals the head and shoulders pattern. For a precise entry, the 5-minute timeframe (5M) should be used to identify the sniper entry point.
USD/CAD could be about to drop hardKeep a close eye on USD/CAD over the next 24 hours. The price appears to be forming a head-and-shoulders pattern, with the price action from early August representing the left shoulder, the high from August 6 forming the right shoulder, and the 1.3887 level, which capped the price from August 1 to August 5, serving as the head.
The pattern suggests that if the price breaches the low of 1.3787 seen on July 31, we could see a drop to 1.3752, with potential further declines to 1.3706, and possibly down to the pattern's target at 1.3692. If the price breaks below 1.3787, the head-and-shoulders pattern is likely to remain active as long as the price stays below 1.3805.
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H&S and Downward Momentum on ABGJSE:ABG has triggered a short position based on downward momentum shown by the EMAs, stochastic and MACD. Along with this, the neckline of a ascending head and shoulders pattern has been broken with its target down at around the 111.50 level. We will monitor it as it goes down to see if it will reach this level.
USDCHF: Bearish Pattern Identified 🇺🇸🇨🇭
Looks like all the setups that I spotted today are bearish.
One more is on USDCHF.
I see a head & shoulders pattern on an hourly time frame
that was formed after a strong intraday resistance.
Bearish breakout of its neckline is an important sign of strength of the sellers.
I think that the pair can drop to 0.8503 level.
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LALPATHLAB - Long Above 2600LALPATHLAB - Can go Long above 2600 for half quantity and full quantity good candle close above 2700
In consolidation for last 2 years and inverse head and shoulder pattern in Weekly timeframe.
Stoploss - Mentioned in the Chart.
Target - TP1 and TP2 mentioned in the Chart.
S&P500 INDEX (SPX500): Waiting For Breakout⚠️The SPX500 is consolidating near a strong horizontal resistance level on the hourly chart. It has formed a pattern resembling an inverted head and shoulders, indicating a potential bullish reversal.
A breakout above the neckline of the pattern, confirmed by a 1-hour candle closing above 5,231 - 5,256, is likely to trigger the next upward movement.
The targets for this bullish move are the resistance levels at 5,324 and 5,400.
USDCHF - strong technical support- SNB is expected to continue on cutting rates
- US10Y - CH10Y = 3.42 and is reverting up
- CHF is considered a safe haven, but I believe USD is stronger in this regard
- the price formed reverted HAS pattern and Bullish But Pattern
- if we observe the price respecting the support, it may be the opportunity for LONG position
Just my humble opinion, no recommendation
Huge HSI'm shorting this. Earnings on 08/01. It could go anywhere but even if it pulls back up after earnings I thinks is going down. I have a small position, I'll add depending after earnings call if price shoots up.
