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Head and Shoulders

NZDUSD: Bearish Outlook Towards Key SupportWeekly Analysis NZDUSD Weekly Analysis: Bearish Outlook Towards Key Support On the weekly timeframe, NZDUSD continues to exhibit a protracted bearish trend, marked by a consistent pattern of lower highs and rejections from descending resistance levels. Price has recently encountered and shown a strong rejection from the "Current Resistance" zone, confirming the prevailing structural weakness. We anticipate a continuation of this downtrend, with the pair likely targeting a retest of the critical "Key Support" area around the 0.55000 level in the coming weeks and months. This multi-year downtrend remains intact, favoring further depreciation of the Kiwi dollar against the USD. Daily Analysis NZDUSD Daily: Bearish Breakout Targets Lower Support NZDUSD on the daily timeframe paints a decidedly bearish picture, currently trading within a well-defined descending channel. Price has rejected the "Current Resistance" level and, more critically, has now definitively broken below the "Key Support Broken" zone that previously offered horizontal stability. This breach signifies a shift in market structure, turning former support into new resistance. We anticipate a potential retest of this broken support level before a continuation of the downtrend towards the "Key Support" zone around 0.55000-0.56000. Disclaimer: The information provided in this chart is for educational and informational purposes only and should not be considered as investment advice. Trading and investing involve substantial risk and are not suitable for every investor. You should carefully consider your financial situation and consult with a financial advisor before making any investment decisions. The creator of this chart does not guarantee any specific outcome or profit and is not responsible for any losses incurred as a result of using this information. Past performance is not indicative of future results. Use this information at your own risk. This chart has been created for my own improvement in Trading and Investment Analysis. Please do your own analysis before any investments.
Short
by ManiMarkets
BANDUSD attempting an invh&s + double bottom breakoutBAND has been available for a significant iscount lately but the sale may be ending soon as it is now attempting both an inverse head & shoulders breakout, as well as sending wicks above the neckline of a slightly larger double bottom pattern. The double bottom pattern is in chartreuse and the inverse head and shoulder pattern is in lilac. We can also see BAND looks lke it’s about to have a golden cros in the next week or 2 which should increase probability to confirm the breakout of these two bullish patterns as it will add bullish confluence as long as prce action isn’t two high above the 30&200 moving averages at the time of the golden cross *not financial advice*
COINBASE:BANDUSD
by DrDovetail
Sell Dow Jones (US30) – Elliott Wave & Chart Pattern OutlookThe chart applies Elliott Wave and pattern analysis on the Dow Jones (US30). Price has completed a large rounded bottom formation (Wave 4 to Wave 3 structure) and is currently consolidating within a contracting triangle pattern. The market is testing resistance near 45,000. A corrective wave count (A–B–C–D–E) suggests a possible short-term pullback toward ~43,000 before resuming the next impulsive rally. If the triangle completes, the next major bullish wave could push US30 significantly higher, with a target above 48,000. Key Levels: Support: 43,000 → 41,865 Resistance: 45,000 → Breakout toward 48,000 This indicates a short-term corrective dip is possible, but the long-term bias remains bullish.
CAPITALCOM:US30Short
by GKTrademanthan
Is This a Head and Shoulders Bottom?Based on the conjecture, the right shoulder is about to form. The head and shoulders bottom pattern will only complete upon a breakout above 840. If the price falls below the previous low (approximately 680), the conjecture fails. The projected rise from the head and shoulders bottom roughly aligns with the overhead resistance levels. The long-term chart pattern appears more like a wedge. Short-term support : 68x Short-term resistance : 84x Target levels : 84x, 94x, 11xx
NASDAQ:ASMLLong
by DDDiving1993
1
ADA/BTC - 2021 COMPARISONADA vs BTC from last cycle: Inverse Head and Shoulders Pattern Break of Local Resistance (red horizontal line) Break of Neckline was the start of the bullrun for ADA/BTC Current Cycle: Possible Inverse Head and Shoulders Pattern Awaiting Break of Local Resistance (red horizontal line) Awaiting Break of Neckline to start the bullrun for ADA/BTC We could see a pullback in September back to the bottom of the yellow box, making a swing failure pattern (September of post halving years have always been red), but if resistance breaks than it could signal the start of a huge breakout.
by chriscontroller
USD/CAD Breakout + Continuation SetupIn this video, I'm looking at a simple but powerful trading setup on the $USDCAD. ✅ The pair has been in consolidation, building pressure ✅ A Head and Shoulders pattern has formed ✅ A violation of the current resistance level could trigger a bullish continuation If we get that breakout, it could set up a clean opportunity for trend continuation traders via the breakout or breakout and pullback 🔔 Don’t forget to like, comment, and leave any questions that you may have below. Akil
Long
by Akil_Stokes
MASSIVE!!! Inverse Head and Shoulder Don't ignore this Bullish Head and Shoulder Pattern on Btc weekly Time Frame For those who are worried that Bitcoin might have already topped, let me explain. This is actually an inverse head and shoulders pattern, which is a bullish setup. The neckline has already been retested, and from here the upward journey begins. The target ranges between $140K to $150K and it can even go higher. So there’s no need to panic—study the patterns, stay calm, and remember this market isn’t made for the weak.
Long
by Traderscorpion
1