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Head and Shoulders

XAUUSD: Mid-Term Swing Sell OpportunityXAUUSD: Mid-Term Swing Sell Opportunity While Gold's (XAUUSD) larger timeframe remains bullish, the intermediate trend has turned bearish. This shift is clearly signaled by a break below previous lows and the formation of a clean Head and Shoulders reversal pattern. Currently, price is testing a strong support confluence at a Fair Value Gap (FVG) and a Demand Zone below. Strategy: Bounce & Sell Our strategy is to sell into bounces (short on rallies). Key resistance levels to watch for reversal signals include: 3300: Coincides with the Range Volatile Day High. 3325 - 3350: This is a significant Supply Zone. We will wait for bearish candlestick patterns and reversal patterns to confirm the move down at these resistance areas. Downside Targets Our primary downside targets are: 3150: Aligns with the Range Volatile Week Low. 3100: If this level breaks, we'll then look towards the final support at 3000, potentially forming a Triple Zigzag (WXYXZ) corrective structure. From a time perspective, we anticipate this bearish phase to last approximately 13 days, in line with Fibonacci Time Cycle analysis. Crucial Considerations Effective Money Management is paramount. Ensure your position sizing is appropriate for the expected volatility range. Always be prepared to adapt your view when the price structure clearly invalidates the current bearish setup. Trade carefully and profitably. C.Goii Super Trader
OANDA:XAUUSDShort
by CoachGoii_SuperTrader
5/29 Gold Analysis and Trading SignalsGood morning everyone! Yesterday, gold rose first and then declined. Our long positions targeting 3318–3326 were completed successfully, and we timely shifted to short positions, resulting in another round of solid profits. 📉 Technical Outlook: Gold remains in a bearish trend, and is now very close to the 3275 support level. Based on the current price structure, a break below this level is highly probable. If $3275 is breached, focus on key support at 3258–3238 Resistance levels to watch: 3298–3318 The daily (1D) chart is currently in an indicator correction phase, so today's trading bias is selling from higher levels 🗞 News Focus: Watch for U.S. initial jobless claims data today. It may offer short-term support for gold, but is unlikely to reverse the broader bearish trend. 📈 Today’s Trade Plan: 📉 Sell in the 3316–3328 zone (resistance zone) 📈 Buy in the 3245–3232 zone (key support area) 🔁 Scalp/flexible trading levels: 3303 / 3288 / 3276 / 3258 / 3247 Stay adaptive and combine news with price action at key levels for best results. Wishing everyone a successful and profitable trading day!
FOREXCOM:XAUUSDShort
by China_MsWang
Short on goldObserving a potential triple top forming on the 4-hour timeframe, with price making a third lower high. This structure suggests continued bearish momentum. Market Structure: A triple top is visible on the 4H. Price has broken the neckline, confirming potential downside. My take profit target is set at 3125.200. Entry Plan: I’m expecting price to pull back and retest the broken neckline. If we get a clean retest that isn’t driven by sharp news-driven movement, I’ll be looking to enter short on confirmation.
OANDA:XAUUSDShort
by obiudemba18
Your are not Bullish enough on ETHExperts foresee Ethereum’s future mirroring that of early Amazon and Microsoft, predicting significant growth. Analysts draw parallels between Ethereum (ETH) and major tech companies such as Amazon and Tesla, indicating that it could be a high-growth asset moving forward. Even though ETH has experienced a recent decline, several analysts point out the increasing interest from institutional investors, with substantial holders actively accumulating. The long-term prospects of Ethereum are linked to its innovative capabilities and established reputation, with its security-oriented strategy echoing Amazon’s approach to growth. The analyst pointed out that this is a pivotal moment to "front-run" Ethereum's potential supremacy in the blockchain arena. He emphasized that Ethereum is set apart by its ongoing innovation; however, instead of focusing on immediate user expansion, the network has prioritized security. This dedication to dependability has established Ethereum as the most reliable settlement layer in the sector. Please refrain from analyzing ETH as if it were Procter & Gamble. Acquiring ETH is more akin to investing in a high-growth stock like AMZN, MSFT, or TSLA from decades past. Ethereum's approach to enhancing the dominance of the EVM could be compared to Amazon. This chart comparing ETH prices to Tesla's stock price indicates a parallel trend of growth and dominance. Make no mistake, I am quite optimistic about Tesla's prospects through 2030. But this ongoing head and shoulders pattern implies that as we move into the Crypto Banana zone, ETH will accelerate and potentially surpass Tesla's market cap.
CRYPTO:ETHUSDLong
by BallaJi
7
5/28 Gold Analysis and Trading SignalsGood morning everyone! Yesterday, gold saw a sharp downward move, and we profited well by trading short based on the double-top pattern. Yesterday, gold has reached the 3287 support area, and by the end of the U.S. session it rebounded slightly above 3300. Although the rebound lacks strong momentum, it does show that the support zone held on the first test. Whether the bulls can take back control depends heavily on today's follow-up strength. 📊 Key Technical Levels: If bulls break above and hold 3323–3336, a bullish reversal is likely; If the bounce is weak, short positions remain the preferred strategy; 4H support: 3268 Daily support: 3172 Before that, 3301–3275 also forms an important support zone; If price breaks below 3301–3275, especially under negative news impact, a drop to 3150 or even 3100 is not out of the question. 🗞 Key News Focus Today: Watch for May FOMC-related remarks during the U.S. session, which could become a catalyst for major market movement. 📈 Today’s Trading Plan: 📉 Sell in the 3342–3362 zone (strong resistance) 📈 Buy in the 3258–3248 zone (strong support) 🔁 Flexible intraday levels to monitor: 3336 / 3328 / 3319 / 3306 / 3295 / 3286 / 3274 / 3266 Stay sharp and combine technicals with key news events to make informed trades. Feel free to reach out if you need support — wishing you a profitable day ahead!
FOREXCOM:XAUUSDShort
by China_MsWang
EURNZD: Double Confluence with Fibonacci and Head & Shoulders EURNZD shows a potential bearish reversal setup after hitting the resistance zone at 1.9100 . The price has rejected from the 0.786 Fibonacci retracement level , aligning closely with the psychological resistance at 1.9100 — forming a double confluence. A potential short-term retracement is expected toward the 1.88300 zone, which is projected by the 1.618 Fibonacci extension and acts as a round figure support level . 🟩 Key Levels: - Resistance: 1.9100 (also recent swing high) - Expected Target: 1.88300 - Invalidation Above: A clean breakout and close above 1.9100 --------------------- 📍 4H Chart Analysis A Head and Shoulders pattern is clearly forming on the 4H timeframe. The price is currently testing the neckline zone , and if a breakdown occurs, it may confirm a deeper bearish movement , adding higher timeframe support to the bearish idea. This structure further strengthens the bias that the recent bullish retracement might have ended, and the next leg could be downward toward the expected zone. The confluence of Fibonacci levels on the 1H chart and the bearish Head & Shoulders formation on the 4H chart suggests that bears might take control below 1.9100 . As long as the price stays under this key resistance, the bearish outlook remains valid, targeting 1.88300.
Short
by ClearTradingMind
ADA - Time to buy again!The pattern has broken, and now I expect the price to rise to $0.93 . AB=CD. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
1
1INCH Inverse Head & Shoulders (1H)BINANCE:1INCHUSDT completed an Inverse Head & Shoulders pattern, clearly visible on the hourly timeframe. Key Levels • Left Shoulder: $0.223 • Head: $0.218 • Right Shoulder: $0.223 • Neckline: $0.232 • Measured Target: $0.245 (aligned with local high) Status Breakout has already occurred, activating the target. Next Steps It may be too late to chase, but a retest of the neckline as support (~$0.232) could offer a compelling long entry. Invalidation Levels • Early Invalidation: Break below $0.232 • Full Invalidation: Break below the right shoulder at $0.223
Long
by AliferCrypto
Potential NEO 1H ScalpBITGET:NEOUSDT is currently testing resistance around $6.66 with RSI in overbought territory, which could trigger a short-term pullback. A 0.5–0.618 retracement into the unmitigated hourly FVG ($6.39–$6.47) could provide a compelling long entry, while allowing an RSI reset and potentially forming an IH&S pattern. The measured target for a breakout above ~$6.66 would be ~7.00 (still valid in case of a direct breakout without a pullback). Setup 1 • Trigger: Pullback to $6.39–$6.47 and reversal • Invalidation: Sustained break below $6.39 Setup 2 • Trigger: Break above $6.66 with volume • Invalidation: Failure to hold $6.66 after breakout
Long
by AliferCrypto
2