Gold - Head and Shoulders on M15 XAUUSD almost creates a HAS pattern on both M15, M30, waiting for pattern to complete and break of neckline
Head and Shoulders
PEPE Trade targets Only for current Holders!!!We have highlighted #Pepe a few times since it burst on the seen.
It has really been a good trading vehicle, good volume and perps.
It's already up 2.5X from the big pattern inverse right shoulder.
It's already smashed the neckline
So charging in now is not recommended.
(if you are lucky and see it retest the neckline by all means)
Having said that if you have been trading it, and building up your investment stack this past year in the Frog coin.
You will be glad to see this log target above the old high!
congrats
FLUX Long-term AnalysisThe FLUX chart seems bullish. A large inverse H&S pattern is about to form on the chart with an ultimate target of $8. The main support and buy zone for FLUX is at $0.48, in my opinion. Let's see how it goes.
Thetha BIG Coup and Handle Hello
We have two possible scenarios
Inverse H&S ( in previous post ) and a Coup and Handle
IF but IF the Coup and Handle will be played price can targhet All time high
I am bullish on theta here
CRUDE OIL (WTI): Time For Pullback
As I predicted yesterday, WTI Crude Oil bounced and reached a key daily resistance.
After the test of the underlined blue structure, the market started to consolidate
and formed a head and shoulders pattern on an hourly time frame.
Bearish breakout of its neckline is a strong bearish signal.
It indicates that the market may retrace from the resistance.
Goals: 80.0 / 79.6
❤️Please, support my work with like, thank you!❤️
BTCUSDTBulls held the line on the right shoulder to keep the BTC inverse H&S alive.
GETTEX:87K is the first target of the measured move, we will stop for awhile there once reached and Alts will moon.
Expect Alts to go Parabolic on the way there after many capitulated past week.
XAU/USD for short positionThis is a plan for a short position. (A) The chart has the potential to form a head and shoulders pattern. (B) The chart will move in a bearish channel. Level 2250 - 2200 can be a take profit area.
Updated AMZN inverse H&SHere is the weekly view of the AMZN inverse head and shoulders I finished a while ago. I added a demand zone as well. You will note a nice bounce on the 20EMA supporting this idea long-term. My short-term target is still 210$ here. A brief dip into demand and blastoff is my prediction.
-A test of 189$ is needed before the 210$, this is the area of resistance that would allow for price discovery as well
-There is not much resistance until that point
GBPAUD: Bearish Reversal Coming?!The GBPAUD chart on a 4-hour time frame shows a significant head and shoulders pattern.
Today, the neckline of the pattern was breached and confirmed with a 4-hour candle closing below it.
I anticipate a downward trend now, with the next support level likely at 1.9105.
USDCHF HEADING DOWNAs we can see that Head & Shoulder pattern has been formed on USDCHF and we have got the break out of the neckline and also the retest at the marked support zone so we can plan short trade over here.
DMart: Ready for new Highs with Bullish StructureClassical inverted H&S Pattern Structure can be seen in this script.
Following points can be considered here before taking any decision:
1. over all Trend is uptrend.
2. Pattern: Bullish IH&S(After healthy Consolidation) Or Inside bar or multiple Resistance BO or Cup and Handle
3. Good Fundamentals
4. over all market structure is also bullish.
DISC: For educational Purposes only. Please consult your financial advisor before taking any position.
Timken For Swing..!Timken's stock has recently been on a downward trend but is now displaying indications of a potential recovery. Analysis of the charts reveals the formation of an inverse head and shoulders pattern. This could make it a candidate for swing trading, with the initial target set at the 200-day simple moving average (SMA), followed by the upper trend line. Additionally, on the weekly time frame, the stock has been consolidating within a range for some time.
Injective, Refuses to Stay Above $30- $30 is a key level, acted as support, broke below, resisted and tested again this week.
- The retracement distance in the EQ channel is measured and placed to the top.
- Prices has broken below the green box giving indication that down trend continues. Price has also broke below the EQ channel.
- This is further exacerbated by price breaking below the week washline indicating that all gains are washed out from the week's token burn.
- Should price finds support at 23.73 level, then there's a possibility of a right shoulder forming.
- A week close below 23.73 level would also washed away all the gains.
- Near term support as shown.
- The author has skin in the game.
IMX Head & Shoulders !Is the Active Head and Shoulders Pattern Forming?
An intriguing yet risky topic.
Intriguing because we have formed a head and shoulders pattern in a semi-bullish market. If Bitcoin, with its high dominance, corrects, our head and shoulders pattern could activate, with the first target being the ($1.21 - $1.06) range and then the final target being $0.80. This could be dangerous for those holding this currency.
All of this could happen if we see a daily timeframe candle close below the $1.64 range and wait for a pullback or confirmation candle.
Are we going back to crypto hibernation? What do you think?
This is just an analysis and not financial advice at all.
This may not happen and the complete opposite could take shape. I'm just sharing something intriguing with you.
TELEGRAM #TON to $7Inverse head & shoulders
1st cycle coin
Log targets should be met
Note the neckline has been approximated because of the price action
but I think it is good enough for what we need from this chart.
Buyers Defending BTC at $65000Buyers are defending BTC at $65000 levels after a break of HS at $67000 levels. $65000 level was tested ones on 16 May 24 and recently 15 Jun 24. It was also 1 Apr 21 ATH. If broken, more to the downside.
BTC Supported at $65KBuyers are defending at FWB:65K levels. This level was the high of 1 Apr 21 on the month chart. Watch the outcome of this level.
I dont use head n shouldersDo you? Anyways, potential -18% drop incoming for JASMY. HUGE DISCOUNT! iykyk, this is in the 12hr. -30% in the last 7 days. Candles are starting to dip under our BBs. RSI shooting to our upper levels, Is JASMY READY TO TAKE OFF? What do you see?
Go Long NZDUSDBased on Inverted head and shoulders, coupled with the fib retracement (and other confluences) gives me solid belief that NU will go long within the next week
After this trade I retireTrade of trades, I opened a position on Friday, but you're still on time. I'm warning you, you need to be very patient for this and have a unique personality. I'll try to handle it, I already put in my mind that it could take weeks until the break out and no matter what happens I'm holding. I recommend to open a small position and add at every drop or whenever you feel comfortable. Is a long run, is a chess game. Only the persistent will win.
Stocks Good. Crypto Meh. And I Am Pulling My Stops.Traders,
Market makers continue to torture crypto longs but their time is growing short. The U.S. stock market continues to press higher, led by mega-corp giants like NVidia. It is simply a matter of time before crypto follows. In the meantime though, I am tired of playing this game with MMs. For the first time since creating my public portfolio, I've decided to pull out all of the stops on my long entries. I am going to pop a few cold ones and chill for the weekend. I just don't want to play that game anymore. But please. Don't take any of this as financial advice per usual. You do you. I am only here to entertain you all with my poor choices.
