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Head and Shoulders

MCD produces ending diagonal to terminate 2020 advanceMcDonald’s (MCD) appears to be in the late stages of a long-term Elliott Wave advance, with the final 5th (5) wave nearing exhaustion inside a rising wedge pattern. Momentum divergences and the neckline support around $285 highlight growing risk of a breakdown. If the wedge fails, a corrective phase could unfold, targeting the 210–240 region where prior 4th wave support lies. Until then, upside is capped near $330–340, making the risk-reward skewed toward caution at current levels.
NYSE:MCDShort
by MacroWaveTheorist
Head and Shoulders Pattern on U.S. Dollar Index (DXY) – Bearish Overview of the Idea (as shown in the chart) The chart illustrates a Head and Shoulders (H&S) reversal pattern forming on the U.S. Dollar Index (DXY). This classical technical pattern signals a potential trend reversal from bullish to bearish. Left Shoulder: The first peak followed by a pullback. Head: A higher peak, forming the top of the pattern. Right Shoulder: A lower peak compared to the head, roughly equal to the left shoulder. Neckline: A support line connecting the lows between the shoulders. Once broken, it indicates potential bearish continuation. The chart highlights: A breakout below the neckline. A retest of the neckline (common in H&S setups, where old support becomes resistance). A projected downside target aligned with the height of the head-to-neckline move. Detailed Analysis 1. Pattern Identification The H&S is clear: higher high (Head) flanked by two lower highs (Shoulders). The neckline is slightly ascending, but once broken, it signals sellers stepping in. 2. Breakout Confirmation Price broke below the neckline, confirming the bearish pattern. The retest at ~97.62 shows rejection, strengthening the bearish outlook. 3. Bearish Projection Technical rule: the expected downside target is approximately equal to the distance from the head to the neckline, projected downwards from the breakout point. The chart projects a move toward 97.25, which aligns with the marked support zone. Timing The projection points to Monday, 15/09/25, suggesting this bearish move may unfold in the upcoming trading sessions. Walkthrough Thought Process Think of the market like a battle between buyers and sellers: The buyers pushed price higher (Head), but then failed to sustain strength at the right shoulder. When price breaks the neckline, it shows sellers are gaining control. The retest confirms that what was once support (neckline) has now become resistance. This setup gives traders confidence to enter a short (sell) trade, targeting the projected downside. Trade Idea Entry : After retest rejection around 97.62. Target (TP) : 97.25 (support zone based on H&S projection). Stop Loss (SL) : Above the right shoulder at 97.80 (to protect if pattern fails).
TVC:DXYShort
by MacLongloi
1
Usdjpy has been showing bullish head and shoulders buy patternsUsdjpy gave a technical bullish head and shoulders pattern, patience pays… waited for rsi to line up. And it matched fundamentals: The US Dollar is regaining lost ground against a broadly weaker Japanese Yen on Friday. Market concerns about the political uncertainty in Japan are weighing on the JPY, pushing the pair to 187.90. From a longer perspective, however, the pair has kept trading sideways roughly between 146.00 and 149.00 since early August
Long
by theAlchemist4x
Long Term Buy Position in GBPUSDICMARKETS:GBPUSD has completed Head & Shoulder on Daily Timeframe on 25th August 2025 In this trade, I will not follow any noise as it is a long term trade with high pips in Risk but even higher reward intact. I am waiting for this price action since one month but it is not triggering the cleaned Head and Shoulder's breakout at 1.3596. I have placed a Buy Stop Order at 1.3596 with my SL at low of inversed right shoulder. I will take two positions both at the breakout of right shoulder at 1.3596. Both position has 2% risk in total Position 1 with 1 % Risk Buy Stop: 1.3596 Stop Loss: 1.3388 TP: 1.3815 Position 1 with 1 % Risk Buy Stop: 1.3596 Stop Loss: 1.3388 TP: 1.3815
Long
by hameedops
1
BTC Inverse Head and ShouldersThe chart clearly shows an inverse head and shoulders formation: Left Shoulder: ~Aug 26 low. Head: ~Aug 29 low. Right Shoulder: ~Sep 5-7 low. This is a bullish reversal pattern after a prolonged downtrend. The breakout above the neckline (around 113,200 – 113,500) confirms the bullish bias. Fib & Extension Targets : Immediate target: Fibonacci 1.0 extension ~119,600. Extended target: 1.618 extension ~123,500. These align well with previous resistance levels (early August highs).
Long
by chefa
SHORT TERM DOW - REVERSE (H & S ) PATTERN FORMATION🔹 Pattern Observed The chart shows a reverse Head & Shoulders (H&S) attempt. Left shoulder, head, and right shoulder are marked clearly. But note: written that “8 out of 10 times H&S fails”, which is important — H&S is powerful, but also prone to false breakouts. AND FALSE BREAKOUT ITSELF IS VERY STONG SETUP!5 🔹 Short-Term Technical View Structure: Price attempted to form an inverse H&S, but neckline is not yet broken decisively. Instead of breakout, Dow is showing weakness near the right shoulder. Bearish Bias Active: Failure of the reversal pattern often triggers sharp declines (trapped longs exit). Breakdown projection is already plotted on your chart. Target Zone: Immediate downside target highlighted = 41,125. That’s consistent with measuring the depth from head to neckline and projecting downward. Invalidation: If price reclaims and sustains above the neckline (~45,000–45,200 zone), the bearish view weakens. 🔹 Short-Term Trading Implication Bias: Bearish as long as below neckline. Target: 41,125 (short-term). Stops: Above neckline (45,000+). R:R: If entered near 44,600–44,800, reward to risk is favorable (2.5:1+). ✅ Conclusion The Dow shows a failed inverse H&S, which typically results in downside continuation. Short-term target is 41,125, with risk managed above 45,000. ⚠️ Disclaimer: This analysis is provided purely for educational and informational purposes only. It is not investment advice or a recommendation to buy, sell, or hold any security, index, or derivative. Trading carries significant risk of loss and may not be suitable for all investors. Please do your own due diligence or consult with a registered financial advisor before making any trading or investment decisions.
TVC:DJIShort
by shiva560060
#RIOT and the miners pumping = AltseasonThe Bitcoin miners have quietly entered a Bull market since April, without much attention. This indicates that investors are looking for additional risk beyond #BTC as they prepare for an exciting Altseason. Their reasoning might arise from the perception that Bitcoin can provide only a limited return going forward based on its current point in the cycle and the outsized returns it has already delivered over $100K+ per coin from the low 3 years ago. As you can see, RIOT has recently broken out of an inverse head and shoulders pattern against Bitcoin dominance. Historically, when this pattern has emerged in the previous two cycles, the logarithmic target has been achieved and even exceeded, coinciding with strong altcoin performance. We have much to look forward to in the upcoming months.
NASDAQ:RIOT
by BallaJi
10
AUDJPY: The Last Gap Setup! I Promise... 🇦🇺🇯🇵 Those who have recently joined my group may think that I only trade the gaps. That is not the case at all because good gaps are relatively rare. Each time they form, I am trying to get maximum from them. The last one that I wanted to share is a nice gap up on AUDJPY. With a bearish London session opening, I think that this gap is going to be filled soon. Goal - 96.75 ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by VasilyTrader
1
Smaller alts, a constructive outlookThe Big Question: Will We Finally See Moves on Alts? The past month – or rather the past 6 weeks – has been nothing short of frustrating for altcoin traders. Most individual charts looked stagnant, choppy, or simply lacked momentum. But zooming out to the Total chart, the picture is much clearer, and the answer looks like a confident YES . What the Chart Tells Us • After the December 2024 top, we witnessed a deep correction, which finally bottomed on 7 April, during the infamous tariff mania . • From there, an initial leg up developed, reaching resistance around the 300B mark. • The correction that followed was healthy: it established a higher low, confirming that the bottom was not just a dead cat bounce. • The next attempt pushed even deeper into resistance, creating a higher high – a strong bullish sign. • Since the end of July, things have turned even more interesting: the market has been pressing hard into resistance, and we could even argue the formation of a continuation Head & Shoulders setup. Where We Are Now At the time of posting, the Total chart is testing resistance at ~310B once again. The more this level gets tested, the weaker it becomes. A breakout from here doesn’t just look possible – it looks almost unavoidable . What to Expect Next When that resistance finally breaks, the tension built up over months of sideways action – and the frustration of traders who have been waiting for more than half a year – will likely unleash a strong acceleration. In my view, we could easily see a 50% rally, taking the Total chart back to the December 2024 highs. 🚀 The stage is set. All that’s missing is the trigger.
CRYPTOCAP:OTHERSLong
by Mihai_Iacob
5