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Head and Shoulders

ASHOKA BUILDCON BREAKINGNSE:ASHOKA is forming Dual pattern Normally a chart with dual pattern has higher probablity of giving strong breakout and here Ashoka Buildcon is forming Adam & Eve Pattern and Inverse Head & Shoulders pattern in monthly chart and in weekly chart our stocks successfully gave a huge breakout from Cup & Handle As usual all the important fib are marked The Target for NSE:ASHOKA will be Target 1 :- 186 Target 2 :- 204 Target 3 :- 222 Target 4 :- 231 Target 5 :- 250 The above analysis is just sharing of knowledge and not an investment advise, we are not sebi registered and please DYOR before taking any trade as our trade idea is not entitled to your profir/loss. If you like my analysis do comment and give a boost. It boost our energy to do more analysis.
NSE:ASHOKALong
by rahulxvaishnav
LINK Potential IH&S, High Confluence, $26 Target 1, $32 Target 2🎯 TL;DR Potential IH&S + W3 Target: $26; W3 Target 2: $32; High Confluence 📈 With the recent dip to $15.3, BITGET:LINKUSDT might be forming an Inverted Head & Shoulders (IH&S) pattern with a $26 target. The 50VWMA is acting as support in this area, and TD Sequential printed a Perfect Buy Setup (red M9) yesterday, offering additional confluence. This retracement is also 61.8% of the previous leg up, setting a potential Wave 3 Target 1 also at $26, and a potential Wave 3 Target 2 at $32. ✅ Confirmation would be a daily close above the neckline at $19.3. For a safer entry, wait for a daily close above $20, which is a previous resistance, a High Volume Node (HVN) and a key psychological level. Keep an eye on $22.9 as it previously triggered a rejection. ❌ Invalidation would be a daily close below $15.3, and it would likely lead back to trading in a rectangle between $12.8 and $19.2. If you have any questions about the TA, feel free to ask. I am always more than happy to share and discuss charts. Not Financial Advice
Long
by AliferCrypto
CVNA Big Bullish PotentialHey guys! Found a setup I happen to really like that Carvana NYSE:CVNA has been forming this past few months. I generally would stay away from a company/stock like Carvana, as potentially bankrupt-bound companies are not what I like to trade. But I couldn't help but realize the Cup & Handle being formed on the weekly chart currently. Below are some highlights of what I find attractive in the technical layout of this setup: - Weekly Inverse Head & Shoulders / Cup & Handle - Momentum is leaning bullish (TTM_SQUEEZE) - Bought up from $20 demand zone - Daily Chart has ema cloud bounce - Decent Volume Accumulation Limits to this / confirmation needed: - Weekly ema cloud testing key area - Monthly Ema Cloud key level as well Closing Notes: I do believe that this technical setup is very strong. I also like that not many of the fundamentals & catalysts will likely play into this as Q3 Earnings just reported. This ER also swung a profit in EPS, and sent a pop in the stock adding to some positive sentiment surrounding NYSE:CVNA Overall I am looking to go long on a bullish retest of some sort and wanted to share a setup I have not seen in a while!
NYSE:CVNALong
by ZachSap
XAU/USD: Strong fall but not convincedWhat Excites Me I'm anticipating a big pull back (see my last post for details) to happen for Gold, but S/D, and volume analysis suggests that there could be a better entry on the horizon! What I'm Looking For I would be willing to short if I could get in from $2400 upwards. I would also be willing to reassess things if the market made a lower low. But as for now, I'm expecting a strong demand at this current price. What I See As for now, I think it's best to stay out of the market; personallyI haven't seen enough to suggest that the long term move, I'm anticipating is playing out, currently. 🤷🏽‍♂️ I've included to best case scenario's on the chart. We'll see how things play out. This post idea builds upon the original analysis that peaked my interest about this market:
OANDA:XAUUSD
by NeoDaNomad
2
STRKUSD Bullish Study Case On the daily timeframe, STRK was in a bearish trend. Then, it started forming the Wyckoff accumulation pattern, which included a bearish candle with a long wick, marked on the graph as SC for Selling Climax. Then, we had the AR for Automatic Reaction, followed by the ST for Secondary Test, UT for Upthrust, and another STB for Secondary Test in Phase B. Currently, I'm waiting for the retest that aligns with an inverse head and shoulders pattern in the 4-hour timeframe. Additionally, it aligns with a Fibonnaci's zone of interest.
COINBASE:STRKUSDLong
by jask_skull
BTC:POTENTIAL INVERSE HEAD AND SHOULDER FORMATION!!Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated! Bitcoin (BTC) Update: BTC is forming a bullish inverse head and shoulders pattern on the daily timeframe. The price is currently attempting to break above the neckline, which could signal a significant price increase. Here's what we're watching: Confirmed breakout: A clean break and close above the neckline is key for this pattern's validity. Price target: If the breakout is confirmed, we could see a rally of 20-25%, potentially reaching $85k-$90k. Let me know your thoughts in the comments below!
Long
by CoreCrypto1
Reverse head and shoulder pattern on MANYAVARMANYAVAR formed a reverse head and shoulder pattern on daily chart. For quite some time this particular stock has been going down but now shows signs of reversal. Stoploss can be had just below the breakout candle. Also note the wick on 4th June indicating strong buying pressure at those level. Target can be just below the resistance level marked. This trade offers ideal risk reward of 1:2. Hope you like this idea, if so please boost the idea or leave a comment below on what you think. Otherwise, happy trading :-)
NSE:MANYAVARLong
by digijagan
Reverse head and shoulder on COFORGECOFORGE formed a reverse head and shoulders pattern on daily chart. Price broke out of resistance area with strong bullishness. Also there was a gap up on todays opening indicating there is strong buying pressure. Stop loss can be held just below previous swing with target the width of the head. Provides an ideal risk reward of 1:2. Hope you liked this idea. If so please do boost this idea or leave a comment below on what you think. Otherwise happy trading :-).
NSE:COFORGELong
by digijagan