I’m Bullish on SHIB $SHIB 4 hourPossible inverse H&S on the 4 hourly. I think we may have seen a Bullish shift in momentum at least for now. CRYPTOCAP:DOGE is running up a bit and these two play together like a seesaw.
Head and Shoulders
$USDCAD ShortH&S on the 1h and 4h. Trade shown. Short after market turnover and spreads normalize. TP1, TP2, TP3, & SL shown. Make sure to account for broker spreads when inputting your TP/SL.
DOGE is at a crucial decision point!
Dogecoin is in a rising trend channel in the medium long term. This signals increasing optimism among investors and indicates continued rise. The price has reacted back after a false break of the head and shoulders formation. A significant penetration of 0.13 will again give new negative signals to the currency, while a break of the opposite side of the formation will be a strong positive signal. The currency is testing resistance at points 0.13. This could give a negative reaction, but an upward breakthrough of points 0.13 means a positive signal.
Are you bullish or bearish right now ?
Inverse H&SMore or less a picture perfect Inverse Head & Shoulders may be on its merry way to print on the daily chart.
Volume is also fizzeling out on the head and shoulders so not much interest in selling in to it further.
Waiting for confirmation on breakout + retest of the neckline as support.
CRUDE OIL (WTI) Bearish Trend Continues
WTI Crude Oil formed a classic bearish reversal pattern
on a daily time frame - a head & shoulders pattern.
Bearish violation of its neckline is an important bearish signal.
I think that the market may reach 77.9 level next week.
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This will make our jobs easier if #Stablecoin Dominancewas to reach the inverse head & shoulder target :)
Almost the same % when the #crypto market topped out last cycle.
Will it?
IDK!
Should u wait to those low single digit numbers before u emabrk on profit taking?
probably not.
We shall keep an eye on this of course.
Best of Luck
CRWD - Surfed my way!If you are reading this today, then you should know why this has a spotlight right now, and if not well then just follow the chart!
To the left we see there was previous resistance moving down, later turned to support , and has acted as such. With today's news, I would expect a decline. I ultimately had first seen a possible Head and Shoulders form, or has been executed already, (Funny being the news that happened), and seeing price near our previous support makes me excited to see what plays out.
Did you think today's news affected the market this way? Or did you have other tools that gave you the same idea? Share your thoughts with a comment or private message. Let's enjoy the show!
SILVER - HEAD AND SHOULDERSHello Traders !
On the daily time frame, the silver reached the resistance level (31.32550 - 31.54865)
The price formed a head and shoulders pattern.
Currently, the neckline is broken !
So, I expect a bearish move📉
_______________
TARGET: 29.73000🎯
EURJPY - Bullish TrendEURJPY has started making higher high & higher lows.
Before moving in advancing phase, price has formed bullish divergence & Inverse head & shoulders pattern.
This further indicates buyers are in control.
GBPNZD LONGI think there is a rise to complete the reversed head and shoulders pattern
but must not break the uptrend line
LCA nice inverted head and shoulders, price exactly at the neckline
+350% upside to test the high. Rate sensitive
Trade safe
In case you want to short somethingHS confirmed and price is testing the broken neck. Be careful, this one is very volatile. I have some puts expire by the end of the month, probably I should have given more time. SL if a weekly candle closes above 17.
Million dollar stock.Berkshire Hathaway breaking out versus Gold*Note #BRK does own Barrick Gold #ABX
Very interesting chart pattern
25 years in the making
The close of September should mark a confirmed breakout, of Warren Buffet's famous holding company, against Gold on a quarterly basis.
More evidence of a Melt Up in paper assets? And the continuation of the Bull market in the "roaring 20's"
If this is a continuation structure the amplitude suggests that one Berkshire Share, could be converted into well over 530 ounces of Gold.
At current prices that would equate to over a million dollars per share!
Australian Stock Market #AORD #ASX200 Breakout! New Highs.Yet if you read the financial press to make your investment decisions
You would be de risking when you should be putting the pedal to the metal.
Inverse Head and Shoulders points to a whopping price from here once the neckline is broken.
Spot Silver Breaches SupportFollowing on from last week’s spot silver chart (XAG/USD), local trendline resistance, etched from the high of $32.51, stood its ground, eventually forcing the precious metal south of neighbouring support from $30.73 (now marked resistance) and longer-term trendline support (drawn from the low of $22.31).
You may also acknowledge that price action on the daily chart recently completed (just) a head and shoulders top pattern (blue arrows – head at $31.75).
Therefore, further selling in this market is possible, targeting support from $28.86. However, before sellers shift gears, a retest of resistance (and the breached trendline support) could materialise (black arrows).
NZD USD possible buyWe can see a bullish break of structure beginning to form. If the structure stands, we expect bulls
XAGUSD head and shoulders patternOn the 4-hour chart, XAGUSD has formed a head and shoulders top pattern. At present, we can pay attention to the resistance near 30.8. If the rebound is blocked, we can consider continuing to short, and the downward target is 29.2-29.6 area.
FILATEX - Poised for a 15-30% UpmoveThe stock is in uptrend in Monthly.
It is poised to break out of an inverse head and shoulder pattern.
Entry - 51.15
Target 1 - 59
Target 2 - 64
Target 3 - 69.
SILVER (XAGUSD): Bearish Pattern ExplainedSilver formed a significant head and shoulders pattern on a 4-hour chart.
Today, the neckline of the pattern was violated, with a 4-hour candle closing below it.
This indicates a potential bearish trend ahead. The next support level to watch for is at 29.75.
BTC inverse head and shoulder patternThe reliability of a typical inverse head and shoulders pattern is generally high when the neckline trends downward. However, the strong buying pressure observed during the recent decline to 53k has resulted in a very strong rebound up to 66k. This has formed an upward-sloping neckline. I predict that after some consolidation and accumulation before breaking the neckline, there will be a strong breakout, bolstered by positive news such as the ETFs for ETH and SOL.
