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
Head and Shoulders
#HEX Total Value locked on the path down to sub $50 millionand before haters start doing a dance on the coffin of Richard Heart.
This is HEX on Ethereum
HEX on #Pulsechain is 2X more valuable
But even Hex on pulsechain I do believe will continue to struggle for a while.
Most value from these two different HEX's should in theory migrate to the superior product and disinflationary token of $Pulsechain
This is only makes sense as Ethereum enables more value creation than a simple store of value (bitcoin is a unicorn and nothing has comeclose to toppling it )
The market more easily understands the value proposition of smart contract platforms.
So Even thous Pulse is still down massively off its high's
It has better chance to recover going forwards than either of the HEX's
TSLA needs to come down still me thinks... You can see the slanted Wyckoff distribution tracks perfectly with the top example in this screenshot here ibb.co - had to do this because every time I upload this idea, it misaligns a lot of the drawings (though if anyone can tell me how to post an image into these comments, that would be useful).
We've hit the Wyckoff distribution resistance, and TSLA is now showing/at SOW.
With that example in mind, it suggests we still have some room to fall on this small time frame distribution.
On a larger scale, we are still falling to hit the SOW in phase B.
On an even larger scale, we still haven't retraced enough from the peak of the inverted H&S pattern.
H&S pattern retracement theory standards are to fib levels 0.382 ($220), 0.5 ($205) + 0.618($189).
The SOW in phase B can hit down with quite some force, so I'm expecting it to most likely close the gap down at 212 (completing the necessary retracement for the inverted H&S too).
Once hit (hopefully ahead of Tuesday 4pm earnings report but who really knows), I expect a move to the upside to hit the UT in phase B.
Having done some backtesting I’ve found the exact same pattern a number of times, and once the AS has completed, it’s a fast move to the upside which would lineup to an earnings report style move IMO.
If I've missed something/something doesn't make sense/I’m clearly wrong somewhere, let me know :)
—
PLAN: close short @210 range (could reverse within the range of 205-220)
ZEN has a bearish patternOn the chart, in large time frames, you can see a large QM on the chart, which can give us a good trading setup.
The right shoulder of QM is also completed. In this shoulder, you can look for close supply ranges.
We will look for sell/short positions in the specified supply range.
The targets are marked on the chart
Closing a daily candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Inverse H&SInverse Head & Shoulders pattern printing on the sell the news event on Ethereum ETF as it starts to trade.
Validation of the Inverse H&S is on breakout of the neckline at $3451 (+/- 30$) on high volume and preferable later a retest of the neckline as support
The invalidation of the Inverse H&S is a candle close below $2930. We might go there as Grayscale probably will bleed a lot from their high fee ETH trust.
Target: At $4069 that coincides with highest price of the year
Alikze »» CAKE | Head and shoulder pattern scenario🔍 Technical analysis: PullBack to broken structure
- According to the analysis presented before, after touching the supply range, it faced selling pressure.
- It is moving in a downward channel in the daily time frame.
- In the last update, after reaching the 3.13 range, it faced selling pressure again, which touched the downward target in the range of 1.56.
- Currently, the level of 3.13 has returned as much as 100% of the previous wave.
- As can be seen, a head and shoulders pattern has been formed, which is confirmed by the break of the trigger line and neck line.
💎 Therefore, considering that it is located at the bottom of the channel, it can touch the target of 1.17 with pullback to the neck line.
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Is this showing us the end of regional banks in 2025?I saw a Head & Shoulder Pattern at the top of this chart. Then I saw another one on the left side. I measured the fractals of the patterns and saw a remacable match of several price actions at similar places. The ratios were nearly the same.
So i looked right. I mean on the right side of the chart and saw the potential beginning of a new similar pattern? Am I biased or is it really the beginning of a nother left shoulder of a H&S pattern. This time the right shoulder of an overarching, bigger H&S pattern. The continuation would mean that we will have a potential break down on the right side of the chart around April next year. If it plays out the KRE, regional banking ETF could go to zero.
Ok. Technically possible. What would be the story behind? Could the CBDC thing be brought in conjuncture with with the fall of the regional banks. Who would need them anymore?
Or another big never seen reason crash?
Show me a chart and I tell you the story is my motto.
What I see is just potential. Just a thought. But IF it will develop and I see signs of acontinuation of this fractal structure, I would have much more confidence in the fall of the regional banking system in the USA.
This will take time and is a long term view.
Only Time will tell...
Three Potential outcomes for the S&P 500We are seeing a clear correction in the market that has potential to turn into a full blown bear market due to a number of reasons such as rising unemployment, looming debt crisis, and geopolitical tensions. From my experience and analysis I see 3 possible outcomes in the coming weeks and months for the AMEX:SPY
The price starts to recover after another minor red day on August 5th, bouncing off support around 524.60, and will start to normalize back with the long-term bullish trend.
A head and shoulders pattern forms on the weekly chart, starting with a move down to 495, retracing back to 524.60, and then forcing a large downward move that stops just short of entering a bear market/ recession at the 200EMA (around the 450 price level), starting a new bull run as it recovers.
The events of situation 2 unfold the same way, however, price fails to bounce off the 200EMA, and we enter a full-blown recession, fueled by high unemployment, destabilization of the geopolitical climate, and civil unrest from the results of the US 2024 elections.
Two of the three predictions lead to more pain for bulls. Let’s hope situation #1 is what will happen.
Disclaimer: I am not a financial advisor and all statements made are for informational purposes formed from of my own opinion and should not be considered as investment advice.
SILVER (XAGUSD): Trading Plan Ahead of NFP↪️Today, we are anticipating the release of the US NFP Report.
Here are the possible scenario for SILVER.
On a 4-hour time frame, the price has formed a dynamic inverted head and shoulders pattern.
If there is a bullish breakout above the dynamic neckline at 29.12 with a 4-hour candle close, it will confirm a strong bullish trend.
We can expect a bullish continuation towards the psychological level of 30.00.
It is advisable to wait patiently for a breakout and then follow the market accordingly.
Brent Crude Oil Prices Form Inverse H&S PatternTensions in the Middle East continue to escalate, and Brent crude oil prices appear to be forming an inverse head and shoulders pattern. For this bullish pattern to activate, the price needs to break above $81.69. If this level is breached, the pattern suggests a potential 4.69% gain, with prices possibly reaching $85.54. However, it's still early to determine the optimal placement for a stop-loss order, as the pattern may take some time to fully develop.
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Turbo is trying to tell us somethingDear Reader,
Turbo seems like to forming a potentiol inversed shoulder head shoulder pattern. We need to wait for rejection on the neckline to make the right shoulder and then wait for breakout on the neckline.
BTC is unstable at the moment, it rejected from a little support zone around 62.3K but due to the war we can have more problems then we know of. Also BTC looks like it is making an Shoulder head Shoulder pattern in Bearish way, this might be a big problem but we need to watch for that. I will recommend the BTC chart in this one so u can look at it.
This is no financial advice, always DYOR.
What are your thoughts?
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* Here We Can See Clearly The Next Potential Moves For Gold In Coming Days/Week.
* Here We Can See Clearly XAUUSD Forming Inverse Head & Head Shoulder Reversal Pattern.
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Finally time for bullish oil? $USO to $120 then $300+People have been calling for the oil bull market to begin for the past two years and the trade largely hasn't worked as we've gone sideways to down. However, based on the chart, it looks like we're finally ready for a run.
This would also line up with my bearish equity thesis.
Oil looks to have broken out of an inverse head and shoulders pattern and althought it's a diagonal pattern which are less reliable, the indicators that I have seem to support the narrative.
I think there's a possibility that we could see a 4x move over the next year or so.
Let's see how it plays out.
Inverse Shoulder Head Shoulder NOTNOT gives me a sign of a inversed Shoulder head Shoulder pattern, this will be big if this is going to end like it. NOT can have big upward movement if it can get over the neckline.
Make sure u have a seatbelt on, so u dont miss the flight.
This is no financial advice, Alwayd DYOR.
What are your thoughts on NOT?
nas100 Identifying Key Levels
The chart highlights several significant levels and zones that influence the current market behavior:
• PMH & PML: Previous Month High and Low, serving as significant resistance and support levels.
• PWH & PWL: Previous Week High and Low, indicating recent market highs and lows.
• PDH & PDL: Previous Day High and Low, indicating recent market highs and lows
• Daily FVG: Daily Fair Value Gap, indicating areas of market imbalance.
• BSL: Buy-side Liquidity, areas where buy orders are placed.
• SSL: Sell-side Liquidity, areas where buy orders are placed.
• Always wait for confirmation