Head and Shoulders
USD/JPY: Strong Bearish Pattern SpottedThe 📉USDJPY pair formed a significant head and shoulders pattern on a four-hour timeframe.
The neckline was breached earlier today by a bearish candle with considerable momentum.
It seems plausible that the pair could experience a further decline at this point. The subsequent support level is anticipated to be around 147.77.
EURUSDLast week price briefly came back to test weekly zone and got a strong bounce. This week it's above daily resistance again around 1.17200 and we can see some sort of inverse head and shoulder on the H1 & H4. There's a bullish flag pattern visible on the H1 as well.
Lets see if fundamentals will play along.
XAUUSD NEXT MOVE POSSIBLE Gold (XAU/USD) Buy Setup 📈
Gold is showing strong bullish momentum and holding above support levels. Buyers are in control, and the price has potential to extend higher.
📍 Entry: Buy from 3850
🎯 Target: 3900+
🛡 Stop-loss: Below nearest support
If momentum sustains, Gold is likely to push beyond the 3900 mark, offering a solid buying opportunity.
USDCHF BUY 0.7940On the 4-hour chart, USDCHF has formed a head-and-shoulders bottom pattern. Currently, support around 0.7940 is worth watching. Consider buying if the price stabilizes after a pullback. The upside target is around 0.8070. If the price falls below support around 0.7910, a downward trend will begin.
$HYPD at least a 3x and likely much moreNASDAQ:HYPD looks like it's forming the right leg of an inverse head and shoulders here, should it break above $17.66 and flip it as support, I think we could see an extremely large move.
I've marked off key resistance levels for price to stop at, will update the chart as price action unfolds.
PSX | Oil and Gas is on the Rise | LONGPhillips 66 engages in the processing, transportation, storage, and marketing of fuels and other related products. The company operates through the following segments: Midstream, Chemicals, Refining, Renewable Fuels, Marketing and Specialties, and Corporate and Other. The Midstream segment provides crude oil and refined products transportation, terminal, and processing services, as well as natural gas, natural gas liquids, and liquefied petroleum gas transportation, storage, processing, and marketing services. The Chemicals segment produces and markets petrochemicals and plastics worldwide. The Refining segment refines crude oil and other feedstocks into petroleum products such as gasoline, distillates, and aviation fuels. The Marketing and Specialties segment purchases for resale and markets refined petroleum products such as base oils and lubricants, and power generation operations. The Renewable Fuels segment processes renewable feedstocks into renewable products at the Rodeo Renewable Energy Complex (Rodeo Complex) and at Humber Refinery. The company was founded in 1875 and is headquartered in Houston, TX.
Exide - A perfect inverse H&S?Till the price is above 600, inverse H&S pattern is valid.. If price breaks the trendline and closes below 600 on monthly basis, its a sign of worry. Stoploss should be below 600.
When a stock has to go up, it usually forms a double bottom. Its a similar case here in Exide where price touched 623 and now going back again to touch it.. Although it may get reversed from CMP as well.
CCO | Distribution Pattern | FractalsLooking ahead we can see the next phase of price action falling into a distribution pattern
Since correction wave 4 buyers took off but seem to be running out of steam. Eventually sellers will have to show what they can do after this trend breaks on a lower timeframe.
Ideal move going forward would focus on short positions only with a local swing target of ~$96 since that was the last area of support
Entries would be somewhere at the Head if using textbook patterns (HnS) or SMR
A confirmation entry to be on the safe side would be after the Breakout Bar indicating a change in trend, and then waiting for the Distribution phase to kick in for more shorting opportunities.
To add confluence to this trade idea we can look back at historical price action and find similar fractals that matches with current price movement
At least two fractals are spotted with the same patterns that are building the same price structure we're in
Elliott Impulse Wave, HnS Pattern, and Distribution Phases.
If buyers are not interested in the local support lvl then liquidity at $76 will be next zone.
Short! Short! USDCAD - Double Head and Shoulder PatternI have identified a clear head and shoulders pattern forming within a larger head and shoulders structure on the daily timeframe for USD/CAD, indicating a potential bearish reversal.
From a fundamental perspective, several key factors are contributing to the current weakness in the Canadian dollar against the US dollar:
Canada's labor market showed significant weakness in August 2025, with a notable loss of 65.5 thousand jobs and a rise in unemployment to 7.1%, the highest in years. This has increased market expectations for monetary easing from the Bank of Canada (BoC).
Although core inflation remains above target, the weak jobs data is pushing the BoC towards potential rate cuts or a more accommodative policy stance, which weighs on the Canadian dollar.
The market is currently pricing in a very high chance (around 98%) of an additional rate cut by the BoC in September, following previous reductions to 2.75%. This dovish stance contrasts with the Federal Reserve’s more cautious or hawkish approach, creating a wider interest rate differential that supports US dollar strength.
Additionally, declining oil prices, a major export for Canada, are exerting further downward pressure on the CAD.
While recent US economic data has been mixed, the Fed is generally seen as less dovish than the BoC, sustaining demand for the USD.
Trade tensions and geopolitical risks between the US and Canada add to concerns over Canada’s growth outlook, contributing to CAD depreciation risk.
Trade Tip
A strong close below the Entry line will be a perfect entry /4hr TF
Stoploss : Above the Left Shoulder (Red Rectangle)
In summary, the combination of a weakening Canadian economy, dovish BoC bias, lower oil prices, and interest rate divergence between the US and Canada all support a bearish outlook for USD/CAD, which aligns well with the bearish head and shoulders pattern I have spotted on the chart.
Not an Investment Advise
AMAT – Inverse Head & Shoulders BreakoutApplied Materials just broke above the $200–205 neckline of a clean Inverse H&S on the weekly chart.
After a strong run in the past month, price may pause or retest the breakout zone before continuation.
Plan:
✅ Light entry above $205
✅ Add on pullback/consolidation near neckline
❌ Invalidation below $195 / $160 (right shoulder)
🎯 Target: $250 (ATH zone)
The pattern projects even higher (~$275–280), but $250 is the first realistic milestone. Watching closely for follow-through or a healthy retest.






















