Head and Shoulders

currenceland

Palantir Technologies Inc (PLTR) stock chart, negative shoulder pattern is well formed, below the collar of this pattern is the best position to sell. Note that the pattern is not completed, the entry is wrong, wait for the price to close below the collar, i.e. 13.5, and then enter the transaction.

FourXTrades Updated 

Time Frame: - Weekly & Daily for analysis - 4 Hour for execution Trend: Currently in a LTF uptrend within a HTF pullback - Weekly = Down - Daily = Up This one is fairly simple and straight forward but what makes it such a good opportunity is its’ potential of being the reversal pattern in a massive trend reversal. As I mentioned in more detail in my last...

abfish Updated 

Good luck, just a pattern I notice, as always, just checkin how market will behave

Arunvfx08

Crude Oil Now formed and broken, Head and Shoulder for selling target mentioned in chart and conservative entry can go in retesting range 7430

trieutv Updated 

FX:EURCHF has resistance around 0.96 and support by lower descending trend line Besides, I figured out the reversal pattern Inverse Head Shoulders FX:EURCHF needs to close above the neckline to confirm for this reversal pattern Wait for next move

BallaJi Updated 

The major head and shoulders is there for everyone to see the sub dollar target is with a log scale target preposterous? we have seen large projects completely roundtrip so tell me why not? in the world where Avax is to drop 90% what price will #BTC and #ETH be ???

evasivesteering Updated 

Hi all, I would like to update my previous analysis for alcoins. This new one give similar outcomes: altcoins are still bleeding and will do more. The reason is shown in chart: a H&S pattern was formed. The break-down of the neckline will trigger the way down to the support trendline of the descending channel. The only adjustment (wrt to the original one) is...

TradeChartPatternsLikeThePros Updated 

Hello Trader, I hope you've had a successful trading week so far! Let's have a closer look at NZD/JPY. It's displaying a price action reversal pattern, specifically an inverse head and shoulders, on its hourly chart. Currently, the price is trading near the neckline breakout at 86.939. Stops are set at the mid-right shoulder: ST: 86.550 Target 1: - 62%:...

AlgoTradeAlert

AMEX:IWM Head & Shoulders Pattern, The Russell 2000 ETF (IWM) is currently displaying a Head & Shoulders pattern, a classic technical analysis formation often considered a reliable predictor of future price movements. In this pattern, the "head" represents a peak that is higher than two other peaks, known as the "shoulders." Generally, the pattern signifies a...

Arunvfx08 Updated 

XAUUSD Gold now formed Head & Shoulder formation in weekly time frame, so market will come down for some month to achieve target so better be on sell side in long term trades

WhaleGambit

NASDAQ:PLUG is one of the stocks that have been sold heavily in August and September. The price action shows consolidation. There is a potential inverse H&S in play. The initial target is 10. If we can break the down trend, this can fly towards 18. Disclaimer – WhaleGambit. Please be reminded – you alone are responsible for your trading – both gains...

BlueHatInvestor Updated 

CAPITALCOM:OIL_CRUDE inverse H&S development on 15min chart, TBC. Breakout above ~91.10 for confirmation. Capitulation below ~89.50 (right shoulder) invalidates pattern. TP target ~93.50 upper trend-line confluence.

mansur7

Tesla seems to have failed to break H&S. Chart is looking bearish. 200 Weekly EMA test on the cards. *Not Investment Advice*

tomifx_ Updated 

looking at the chart on the H4 timeframe, price has swept recent liquidity likewise we can see the orderblock which we could take a sell from. Topping the analysis up there is a SHS formation seen, a retest to the formation is expected. Take profits can be extended to the new low formed.

sugaleee

BINANCE:LTCUSDT.P LTCUSDT.P Has 3 Head and Shoulder potential with 3 scenarios. 1st it will touch the support area and reverse to downtrend 2nd it will pass the support area and retrace from 78,6% of Fibonacci level 3rd it retrace from 78,6% of Fib and make consolidation in support area Or you can enter market on neckline (resistance line) when the candle has...

b6d1016fdeb149be865b678a8ac935

TA, I think, should be reactive, not predictive, but occasionally it's fun to predict - so here goes: - I could see this H&S (pink) inside a H&S (purple) playing out. or at least it's a possibility - The only real pattern here is a triangle, which would be a continuation pattern resulting in lower price action - I think I see some confluence with the fibs too -...

Mieznoo821

On the monthly chart, Kering's outlook isn't looking great at all. Trading below ichimoku cloud and RSI below 50. There is a major bearish divergence spotted on RSI that isn't improving the outlook. Once EUR 400 - EUR 380 support is lost, expect some heavy selling towards EUR 240 - EUR 230 area. Could take weeks/months to unfold. This goes well with my fundamental...

Hrb1212

CAPITALCOM:US100 formed bearish divergence and is currently completing a bearish reversal pattern (Head & Shoulders). If neckline marked on the chart is broken, we can expect to see bearish price action for some time!