Head and Shoulders
Nifty Weekly chart - in Making of Inverted Head and Shoulder Disclaimer : Do your own research before investing. This is just a chart analysis. No recommendation to buy and sell.
Nifty is in making of Inverted head and Shoulder pattern on Weekly Chart.
CMP is Rs. 24560/- On the upper side it can go upto Rs.26000/- and lower side can go upto Rs. 23000.
USDJPY forms potential head and shoulders topOn the daily chart, USDJPY has formed a potential head-and-shoulders pattern. Currently, support around 146.5 is a concern. A break below this level could signal further declines, with a target around 144.0. In the short term, USDJPY is facing resistance around 147.4.
AUDUSD: Anticipate ShortAUDUSD is surfacing near a resitance level at 0.6547 the pair have been respecting the support and resistance zone within this recent days.
A partial breakout above this resistance zone will active a slight upward move, meanwhile in regard of this structure the pair is on a expected short..
Possible outline: A comfirmed reversal below 0.6539 will trigger downward move targeting 0.6347 as the next support.
At this point we keep a close eye on this resistance zone to see if the long will continue or would respect the zone and short as expected.
like and share your thoughts on this pair thanks
MTN Group Limited | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set Up
3. Break & Retest Set Up
Notes On Session
# MTN Group Limited
- Double Formation
* (Diagonal Shift)) - (1st.)) & (2nd.)) - *50EMA - Long Entry | Subdivision 1
* (Medium Range)) | No Size Up - *1.5RR | Completed Survey
* 157 bars, 4780d | Date Range Method - *Downtrend Argument))
- Triple Formation
* (P1)) / (P2)) & (P3)) | Subdivision 2
* Monthly Time Frame | Trend Settings Condition | Subdivision 3
- (Hypothesis On Entry Bias)) | Regular Settings
* Stop Loss Feature Varies Regarding To Main Entry And Can Occur Unevenly
- Position On A 1.5RR
* Stop Loss At 3.00 EUR
* Entry At 6.50 EUR
* Take Profit At 11.00 EUR
* (Uptrend Argument)) & No Pattern Confirmation
- Continuation Pattern | Not Valid
- Reversal Pattern | Head & Shoulders
* Ongoing Entry & (Neutral Area))
Active Sessions On Relevant Range & Elemented Probabilities;
European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
DIS-Price is ranging but I'm ready to buy🕰 Monthly View
Price is still trading inside the monthly swing range.
Strong supply zone overhead near 140–160 where price has previously rejected.
Current candles show rejection from monthly resistance but still holding above major support (≈82–85).
Bigger picture: a break above the monthly supply could trigger continuation to 160–180.
📆 Weekly View
Weekly structure shows a Head and Shoulders pattern completed, with a recent retest.
Price currently pressing into resistance around 118–120.
Break and hold above this zone would open a path to the 159.55 target level.
Downside risk: failure here leads to deeper retracement back toward 85–90 support.
📅 Daily View
Market remains in a ranging environment between ~82 and 145.
Current move is testing resistance within this range (≈115–120).
Two scenarios:
Option 1: Break resistance → push into 135–140, eventually 159.
Option 2: Reject resistance → swing lower back into demand zones (≈95–100 or even 85).
⏱ 8H View
Price is coiling below weekly resistance.
Short-term rejection possible before a larger breakout attempt.
If bulls hold above local support, expect impulse push toward 130+.
🎯 Bias & Trade Plan
Bias: Neutral–Bullish (range breakout play)
Entry Zone: Look for demand confirmations around 100–105 or 95–100.
Upside Targets:
Short-term → 130–135
Mid-term → 159.55 (key supply)
Invalidation: Break below 82 (monthly strong support).
⚠️ Risk Note
DIS is consolidating long-term. Best plays are at range extremes (buy support or sell resistance). Wait for breakout confirmation before loading into swing positions.
USDJPY At Consolidating Level.USDJPY have been consolidating between a tight range of 148.34-146.80 and resistance at 150.05 and support at 145.14 in recent weeks.
This currency pair have failed to breakout persistently, which shows the absence of strong motion.
Possible outline;
Bullish scenario: A comfirmed breakout above resistance at 150.05 will activate an upward move with a target towards 157.90.
Bearish scenario: A comfirmed breakout below support at 145.14 will trigger a downward move with a target at 140.50
However as long as price remains inside this renge the ideal strategy is to buy close by support level and sell close by resistance level.
Traders what are your opinion on this..
Intel poised for a breakoutIntel NASDAQ:INTC is quite possibly poised for a breakout, as we look at a triangle formation here on the 3W chart, roughly ten months in the making, beside consolidating momentum. Longer term timeframes are good for determining the main trend in a stock's price.
On the short term 4H timeframe, better suited for trade entry and exit signals, an inverted head & shoulders pattern has formed both in price and momentum.
Fundamentally, Intel shares are arguably cheap, with a discount to Net Asset Value that began in 3Q 2024. A stock trading at a discount to net asset value is selling for less than the per‐share value of its assets minus liabilities.
Dow Jones Breaks Out of Inverse Head & Shoulders, Eyeing FurtherThe Dow Jones Index has confirmed a breakout from the classic Inverse Head and Shoulders pattern, signaling a potential trend reversal to the upside. The neckline breakout, supported by rising trading volumes, adds strength to the bullish outlook and paves the way for a more sustained upward move. If the index holds above this key level, further capital inflows could drive the Dow toward higher targets in the medium term.
Dow Jones Industrial Average (DJIA) – Daily timeframe🔹 Chart Observations
Resistance Breakout
Price has broken above a long consolidation resistance (~46,000 region).
The breakout candle is strong, but history shows such moves can turn into false breakouts.
Volume / Price Action
Recent candles show strong upward momentum but also long wicks, hinting at supply near highs.
Breakouts without strong follow-up volume often fail.
Trend Structure
From April lows, the index has made a clear higher-high, higher-low structure.
This short-term uptrend is intact unless price falls below ~44,500.
Probability Factor
Your annotation (“Such breakouts 8 out of 10 fails”) is correct — historically, consolidated range breakouts in indices often retrace.
A retest of breakout zone (~45,000–45,500) is possible.
🔹 Medium-Term Scenarios
✅ Bullish Case (Green Path in Chart)
Sustains above 46,000 → momentum could extend toward 47,800 → 49,500 (ATH zones).
Requires confirmation with volume and follow-through buying.
Support at 45,000–45,500 must hold.
⚠️ Bearish Case (Red Path in Chart)
If price fails to hold 45,000, breakdown may drag index toward:
42,500 (first major demand zone).
40,000 (psychological + structural support).
A false breakout could trigger a deeper correction, especially if global risk sentiment weakens.
🔹 Medium-Term Outlook
Bias: Cautiously bullish, but watching for false breakout signs.
Key trigger levels:
Above 46,000 → bullish continuation.
Below 45,000 → correction likely toward 42,500–40,000.
🔹 Trading View
Swing Traders:
Enter only on confirmation (daily close above 46,200 with volume).
SL below 45,000.
Options Traders:
Iron condor/strangles around 45,000–47,000 range could work short term, since volatility may compress after breakout.
Medium-term investors:
Better to wait for a retest of breakout zone before adding fresh longs.
⚠️ Disclaimer: This is a technical view, not financial advice. Always combine with macro factors (US rates, Fed outlook, earnings).
Cleveland-Cliffs (CLE) – Inverse Head & Shoulders Near BreakoutCleveland-Cliffs (CLE) is showing a strong bullish reversal pattern with a well-formed inverse head & shoulders. The neckline is right at the $12.20–12.30 resistance zone, which also coincides with a long-term descending trendline that has been guiding price lower since 2022.
A breakout above this confluence level could be a powerful trend change signal.
🔑 Trade Plan:
Entry Trigger: Daily close above $12.30 (neckline + trendline breakout).
Profit Targets:
Target 1: $14.50 (+23%)
Target 2: $19.00–20.00 (+53%)
Stop-Loss: Below $10.50 (protect against a failed breakout).
📊 This setup offers a strong risk/reward scenario. A confirmed breakout could shift sentiment and attract momentum buyers, while rejection at the neckline could lead to further consolidation.
Not financial advice. No responsibility for any actions taken.
LTCUSD potential head and shoulders patternOn the daily chart, LTCUSD has formed a potential head-and-shoulders pattern. Currently, focus on the support near the neckline at 108.0. A break below this level could signal further decline, with support near 92.3 as a target. In the short term, consider shorting opportunities at the descending trendline.