Get started

Head and Shoulders

DOW - H&S is getting progressed. 📉 DOW JONES – Head & Shoulders Pattern Formation (Right Shoulder in Progress) The chart illustrates a clear Head & Shoulders (H&S) pattern, a classic bearish reversal signal, forming on the higher timeframe. 🧠 Pattern Breakdown: Left Shoulder: Formed in early March. Head: Sharp dip and recovery formed during early April. Right Shoulder: Currently in the making, aligning with a weekly resistance near 42,880 levels. Price is expected to reject this resistance and complete the right shoulder. 📌 Technical View: Strong rejection expected near the weekly horizontal resistance. If the right shoulder completes and breaks below the neckline (around 41,500–41,600), it may trigger a measured fall. Fibonacci levels also align, with the 0.382 and 0.5 retracement acting as potential reaction zones. 🎯 Target: Target: 40,900 levels (Right Shoulder support zone). This is a confluence zone where buyers may reappear. Also forms a neckline test, critical for breakout confirmation or reversal. 🔔 Trade Setup Insight: Short bias activated near 42,880 resistance zone. Watch for confirmation via bearish engulfing candles or lower time frame breakdowns. Targeting 40,900 initially. Further downside possible if neckline breaks decisively. ⚠️ Disclaimer: This analysis is for educational purposes only and does not constitute investment advice or a recommendation. All trading involves risk. Please perform your own due diligence or consult a certified financial advisor before making trading decisions.
TVC:DJIShort
by shiva560060
6/13 Gold Analysis and Trading SignalsGood morning, everyone! Gold rallied to around $3399 during yesterday’s session, accurately reaching our preset sell zone at 3385–3403. Since then, the market has started pulling back, and today’s opening shows signs of accelerated downside movement. However, there are several strong support zones below, with immediate focus on 3378–3368, and further support around 3352–3343. 📉 Technical Outlook: The current price action suggests the potential formation of a Head and Shoulders pattern. If confirmed, this could trigger a deeper correction towards 3340–3330. A break of these levels would significantly weaken the current bullish structure and open further downside risk. 🌍 Fundamental Drivers: Today’s inflation-related data releases may add significant volatility; Additionally, stay alert to any developments in the Middle East geopolitical situation, which could quickly shift market sentiment toward risk-off if escalations occur. 📌 Today’s Trading Recommendations: ✅ Sell Zone: 3410–3420 ✅ Buy Zone: 3338–3326 🔄 Intraday Key Reaction Levels: 3403 / 3378 / 3362 / 3355 / 3343 🔒 Recommendation: Market is at a technically sensitive zone. Consider entering positions in batches and maintain strict risk control.
FOREXCOM:XAUUSDShort
by China_MsWang
BTC: Elliot Cycle AnalysisA simple Elliot wave analysis of BTC's cycle. I predict we top out between 140-190k, before entering a bear market that will last ~12 months, likely ending early 2027. I can imagine that we form a massive H&S before we decline. I believe the widespread adoption of crypto, BTC reserves, ETFs, etc. will serve as a bulwark against too harsh a winter. We perhaps drop to the 56k support, which would be an excellent buy-back opportunity. Prepare to exit the market and remain tethered up for about a year or so. Don't get greedy. Things are gonna heat up real soon for the broader market. Happy trading, Melonfarmer
COINBASE:BTCUSDLong
by melonfarmer5
Altcoins (Market Cap) - Excluding Top 10 Coins - Inverted H&SBullish setup on the daily chart. CRYPTOCAP:OTHERS have once again made a inverted head & shoulders pattern which is a bullish reversal pattern. With the yellow chart below showing the Global M2 Liquidity index breaking out aswell. With more money in circulation, the propabilty is that more money will enter the market over time. Although, there can be latency. For now I will trust the patterns in the chart of Others and follow it to see IF we can confirm the Inverse H&S. We have to break the neckline which should be around 310-325 B for June and July. But still, after that we need a pullback to confirm that neckline and make it support for continueation. It´s a very interesting world right now. And much can happen. But IF this break out. It would probably be one of the most explosive bull markets to remember for a long time.. I myself are holding quality coins and tokens. Im not in memecoins, whats so ever. With the adoption happening right now in crypto I don´t believe that is the right market to be in right now. Nothing on this profile should be interpreted as financial advice. Always do your own research and investment decisions. Im only expressing my thoughts and beliefs. Nothing else. Crypto is a risky business but It also has a lot of reward If being right. I can´t find equal yield in any other markets for now. If you know any, plz comment below =) BINANCE:BTCUSD CRYPTOCAP:OTHERS CRYPTOCAP:TOTAL MARKETSCOM:ETHEREUM BINANCE:SOLUSD BINANCE:SUIUSD ICEUS:DXY
CRYPTOCAP:OTHERSLong
by Mr_Anonymous_Investor
Inverse H&S Breakout! EURGBP Eyes Resistance Zone Amid Eurozone EURGBP ( OANDA:EURGBP ) is moving between two Support zone(0.83870 GBP-0.83500 GBP) and Resistance zone(0.8511 GBP-0.8470 GBP) . In terms of Classic Technical Analysis , EURGBP has managed to break the Neckline of the Inverse Head and Shoulders Pattern . I expect EURGBP to rise to at least 0.84911 GBP and attack the Resistance zone(0.8511 GBP- 0.8470 GBP) . ----------------------------------------------------------- EURGBP Fundamental Analysis: 1. Eurozone (EUR) Overview : The Eurozone economy has shown moderate recovery signs after pandemic disruptions. Inflation remains a concern, but the European Central Bank (ECB) is expected to maintain or even tighten monetary policy gradually to combat inflation. Economic data such as GDP growth and industrial production are mixed but generally indicate slow growth. Political stability in the Eurozone is relatively steady compared to the UK. The ECB’s forward guidance leans towards cautious optimism, supporting EUR strength over time. 2. United Kingdom (GBP) Overview : The UK economy faces several challenges, including slower growth prospects compared to the Eurozone. Inflation has been high but the Bank of England (BoE) has been raising interest rates aggressively to control it. Political uncertainties related to Brexit aftermath, trade deals, and fiscal policies have created some volatility. Consumer confidence and retail sales have shown signs of weakness in recent months. Overall, the BoE’s hawkish stance is strong, but economic fundamentals are less robust compared to the Eurozone. 3. Comparative Factors Favoring EUR Long : The Eurozone's relatively better economic stability and growth prospects support EUR strength. UK economic challenges and political uncertainties weaken GBP. ECB’s more gradual tightening approach may prevent shocks, making EUR attractive. Brexit-related trade issues continue to pose risks for GBP. 4. Risks to Consider : Unexpected ECB dovish moves could weaken EUR. Positive UK economic surprises or faster-than-expected BoE tightening might strengthen GBP. External shocks like geopolitical tensions can affect risk sentiment, impacting both currencies. ----------------------------------------------------------- Note: Stop Loss(SL)= 0.84221 GBP Euro/British Pound Analyze (EURGBP), 4-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
11
6/11 Gold Analysis and Trading SignalsGood afternoon, traders! Gold remains capped below the key resistance at 3350, with repeated failed breakouts. Meanwhile, strong support zones below are keeping the price range-bound in a narrow consolidation channel. 📉 Technical Outlook: As higher lows continue to form, the trendline support is gradually shifting upwards. On the 30-minute chart, we now observe a potential double top pattern forming. If confirmed, it would signal a bearish reversal with the possibility of further downside. 🔍 Key Support Levels: Watch for the 3330 level as initial support. If it’s broken decisively and the market fails to recover quickly, this may confirm the short-term double top and open the door for more aggressive selling. On a broader timeframe, focus on 3320 as a critical support area. 📊 Fundamental Focus: The key event today is the release of U.S. CPI data, which carries significant market-moving potential. A strong reading could be bearish for gold, supporting a shift in sentiment toward the downside. 📌 Today’s Trading Plan: ✅ Buy Zone: 3289–3272 ✅ Sell Zone: 3358–3373 🔄 Intraday Levels for Flexible Scalping: 3348 / 3332 / 3319 / 3307 / 3293 Trade cautiously ahead of the CPI report, and keep position sizes moderate to mitigate volatility risk.
FOREXCOM:XAUUSDShort
by China_MsWang
ADM | Inverse Head & Shoulders + Parallel Channel = Reversal📍 Ticker: NYSE:ADM (Archer-Daniels-Midland Company) 📆 Timeframe: 1D (Daily) 📉 Price: $48.74 📊 Volume: 2.82M 📈 RSI: 54.80 (Momentum building) 🔍 Technical Setup: NYSE:ADM is completing a textbook Inverse Head & Shoulders at the bottom of a rising channel, hinting at a structural reversal. 🟢 Green arrow signals current buying opportunity 🔺 Red arrows highlight expected resistance zones on the way up 🟣 Channel provides a clean roadmap for a stair-step recovery structure Pattern Highlights: Well-defined L–H–R shoulders Price reclaiming the midline of the channel RSI recovering above 50, signaling shift in momentum 🧠 Trade Plan & Price Targets: ✅ Entry Range: $48.50–$49.00 ❌ Stop-Loss: Close below $46.00 (invalidation of channel + pattern) 🎯 Target 1: $52.50 → 📈 Return: +7.7% 🎯 Target 2: $56.50 → 📈 Return: +15.9% 🎯 Target 3: $63.00 → 📈 Return: +29.3% ⚠️ Technical Notes: Pattern is visible across multiple timeframes — weekly structure aligns with daily bullish reversal RSI breakout + neckline test = potential breakout confirmation Earnings volatility in rear-view mirror – momentum favored near-term 💬 Is ADM finally turning the corner after months of weakness? 📌 Like & Follow for more structured swing setups! #TargetTraders #ADM #HeadAndShoulders #ChannelBreakout #SwingTrade #InverseHnS #TechnicalSetup
NYSE:ADMLong
by TargetTraders
1
HE | Inverse Head & Shoulders Breakout Setup / target +13%-56%📈 Ticker: NYSE:HE (Hawaiian Electric Industries) 📆 Timeframe: 1D (Daily) 📉 Price: $10.59 📊 Volume: 1.23M 📈 RSI: 50.96 (Neutral, ready for breakout) 🔍 Technical Setup: A classic Inverse Head & Shoulders has formed just above the lower boundary of a multi-month parallel ascending channel. 🟩 Key Features: Symmetrical reversal structure (L–H–R Shoulders) Horizontal neckline around $12.00 Trading just above channel midpoint with supportive RSI action 🟢 Green arrow marks support near $10.50 🔴 Red arrows signal likely resistance areas 🧠 Trade Plan & Price Targets: ✅ Entry Zone: $10.50–$10.70 ❌ Stop-Loss: Below $9.90 (channel breakdown + structure failure) 🎯 Target 1: $12.00 → 📈 Return: +13.3% 🎯 Target 2: $13.80 → 📈 Return: +30.3% 🎯 Target 3: $16.50 (upper channel resistance) → 📈 Return: +55.8% ⚠️ Technical Notes: RSI at 51 – neutral zone, ready to build momentum Volume declining — watch for breakout surge above $11.50 Channel provides structure for swing trades and scaling 💬 Is HE about to energize a trend reversal or flicker out? 📌 Comment your thoughts and follow for more high-conviction setups! #TargetTraders #HE #Utilities #InverseHnS #BreakoutTrade #SwingTrading #TechnicalAnalysis
NYSE:HELong
by TargetTraders
3
PayPal: Rebound or Rerun?PayPal in 2025: A breakout with backbone or just another spineless fintech? PayPal is still in the rehabilitation ward after its fall from grace in 2021. Management drama, growth slowdown — the full fintech fatigue package. But something has shifted behind the scenes. A new CEO is cutting costs, AI integration is being whispered about, and earnings have started to surprise again. Wall Street pretends not to notice — but volume tells a different story. Technically, we’re looking at a well-formed inverse head and shoulders. The neckline stretches from $72.00 to $74.76, aligning with the 0.5 Fibonacci level. A confirmed breakout above this zone opens the path to a clear target at $93.66 — the 1.0 Fibonacci extension. Multiple EMA clusters and strong pattern symmetry reinforce the setup. But no fairy tales here: the real entry comes after a retest. Without confirmation, it’s just another pretty formation for chart enthusiasts.
NASDAQ:PYPLLong
by TotoshkaTrades
7
Ethereum Is About to Start Making Its Move to $4100Trading Fam, Lot's of good patterns occurring on the crypto charts recently, Ethereum is no exception. Here you can see a valid inverse head and shoulders pattern has formed. 85% of the time, these patterns play out. If we do break that neckline to the upside, I would suggest that $4100 will come fairly quickly. We do have a few resistance areas ahead of us where I expect some pause. But this will only give the market enough time to recognize they may be missing the rocket ride and hop in. If we don't break that neckline this week, we could pull back for another week. But I think by the end of June our neckline will break and we'll be on our way. Best, Stew
COINBASE:ETHUSDLong
by stewdamus
1
PCG | Potential Reversal Zone at LT Support + Breakdown Retest📍 Ticker: NYSE:PCG (Pacific Gas & Electric Co.) 📆 Timeframe: 1W (Weekly) 💡 Pattern: Head and Shoulders Breakdown → Testing Key Support 📉 Price: $14.79 (as of last candle close) 📊 Volume: 87M 📉 RSI: 32.92 (approaching oversold) 🔍 Technical Setup: A Head and Shoulders top has completed, with price breaking down below the neckline. However, PCG is now approaching a major confluence zone: ✅ Multi-year ascending trendline support (dating back to 2020) ✅ Previous horizontal support from 2022–2023 ✅ RSI nearing oversold (32.9) — potential for bullish divergence ✅ Volume spike on breakdown — possible capitulation The blue zone marks a potential retest area. If price holds and forms a reversal candle here, a bounce toward $16–$17 is possible (prior support zone). 🧠 Trading Plan: Bullish Bias: If price shows bullish price action at/above trendline (~$14.40–$14.70) 🟢 Entry Idea 1: $14.75–$14.90 🟢 Entry Idea 2:$13.60–$14.20 🎯 Target 1: $16.20 🎯 Target 2: $17.00 ⛔️ Stop1: Close below $14.20 (trendline + neckline invalidation) ⛔️ Stop 2: Close below $12.50 (Bearish Continuation: Close below ascending trendline + neckline = further downside risk toward $12.50) ⚠️ Watchlist Notes: PCG is defensive (utilities), but often reacts to regulatory/news-driven catalysts. Recent weakness may offer a risk/reward setup near major support. RSI bearish structure is weakening — watch for divergence or failed breakdown. 💬 What do you think? Bounce or breakdown from here? 📌 Like & Follow for more setups! #TargetTraders #PCG #HeadAndShoulders #RSI #Utilities #SwingTrade #TechnicalAnalysis
NYSE:PCGLong
by TargetTraders
2
6/10 Gold Analysis and Trading SignalsGood afternoon, traders! Gold continues to move within the predefined trading range from yesterday. Both the short from 3338 and the long from 3306 turned out profitable. Currently, price action is developing into a potential double bottom, with price once again testing key resistance around 3338. 🔍 Key Technical Outlook: If gold breaks above 3338 decisively, and can hold above 3317 on any pullback, the next bullish target area lies between 3345 / 3352–3368. However, if price fails to break out, then focus shifts back to the 3303–3286 support zone, which may serve as a potential buy region again. 📉 4H Trend Structure: On the 4-hour chart, price has already broken below the previous uptrend line. For the bulls to reclaim control, gold must re-establish above 3350 and sustain momentum. Failure to do so confirms bearish dominance, with the next major support near 3257. Any weak rebound below key resistance can be treated as a short-selling opportunity. 📊 Macro Focus: No major economic releases today, but traders should prepare for tomorrow's CPI data, which could be a key driver for gold volatility and inflation sentiment. 📌 Today’s Trading Plan: ✅ Buy zone: 3296–3286 ✅ Sell zone: 3348–3358 🔄 Pivot levels for flexible intraday trades: 3343 / 3334 / 3326 / 3318 / 3309 / 3300 Stay cautious, manage position sizes wisely, and be alert for momentum shifts as CPI draws closer.
FOREXCOM:XAUUSDLong
by China_MsWang
DOGE | BULLISH Pattern | +100%DOGE is seemingly ready for more upside as we start to see a pattern resembling an inverse head and shoulders pattern: ✅Usually, the Inverse H&S plays out something like this: 📢But the pattern is not quite confirmed just yet. We'd need to see a close ABOVE the current resistance zone to validate the pattern: If we can see that, it's likely that there can be BIG gains on DOGE. It will especially help if ETH makes more increases, showing that the general alt market is heading in the right direction. ____________________ BINANCE:DOGEUSDT
Long
by Crypto-Check-