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Head and Shoulders

BITCOIN 15-Min Chart – Key Support Retest with Bullish PotentialThis 15-minute BTCUSD chart shows Bitcoin retesting a strong support zone near $112,680 after a clear downward move. The price is currently reacting at a previous demand area, marked in blue, just above the session’s LOW. A possible bullish reversal setup is forming if the support holds, targeting the previous HIGH around $114,000 and a potential TP at $114,200. Traders may look for confirmation signals (e.g., bullish engulfing, order block reaction) before entering long positions.
BITSTAMP:BTCUSDLong
by mcflaryjr
USD Turns GBP On Its "Head"FX:GBPUSD has formed a Head & Shoulders Pattern! Price has already broken down below the "Neckline" to Confirm that Pattern. Currently, Price is working its way back up to retest the Breakout and if the level is strong enough and holds, we could see Price follow through with its reversal to lower prices! If the retest is successful, the May 12th Lows of 1.31741 - 1.31394 could be a good Support level to set as a Price Target. Now we wait for a Retest!
Short
by Novi_Fibonacci
11
Bull Trap Confirmed: GBPUSD's 8% Rally Faces ExhaustionLets Face it we had a great 6 months already clocking 60%+ Returns already. And after sitting ducks for almost 2 months now we finally have a trade. - Its a very self explanatory chart - Trading at resistance - Head & Shoulder pattern And the best part the right shoulder is still yet to be formed! My favourite type of entry. 1.It gives a better risk reward ratio (1:7 expected) 2.Better Entry (No long red candles) 3. And even if the pattern fails it we may still reach the neck line which is target 1. Entry Criteria - A Red candle at the entry Line Marked - Stoploss Above the Entry Candle Target 1- 1.3361 Target 2- 1.3252 Target 3- 1.3169 Keep Your Risk Reward Intact! Not An investment Advice
Short
by REUBEN_EUSTACE
#BTCUSDT – Healthy Correction, Not the End!Bitcoin is currently experiencing a healthy pullback after an impressive run, testing the neckline of the Inverse Head & Shoulders breakout on the 1D timeframe. 🔹 Current Market View: BTC is retesting the neckline of the IHS pattern, which now acts as a strong support zone. Price is holding near $113K–$115K, which is crucial for maintaining bullish momentum. This dip is a healthy correction, flushing out over-leveraged positions and preparing for the next leg up. 🔹 Key Levels: Support Zone: $113,000 – $115,000 Immediate Resistance: $120,000 – $122,500 Breakout Target: $165,000+ on the next bullish wave 🔹 Market Sentiment: Holding above the neckline keeps the bullish structure intact. If the support holds, we can expect continuation to new highs once buying pressure returns. A daily close below $112K would signal caution and delay the next rally. 💡 Tip: Don’t panic on these red candles. Healthy corrections are part of a sustainable uptrend.
Long
by CoreCrypto1
BTC USDT Forming Head and shoulder in 5 MinChart Breakdown 🟢 Pattern: Left Shoulder: 118,450 Head: ~118,600 Right Shoulder: ~118,400 Neckline: Sloping slightly upward, around 118,050 📌 Bearish Breakdown Scenario If BTC breaks below the neckline (~118,000) with volume, the expected drop (measured move) is: Height of pattern: Head (118,600) – Neckline (118,000) = 600 pts Target on breakdown: 118,000 – 600 = ~117,400 🔻 Target: 117,400–117,300 🔒 Invalidation: Price closes above 118,300 with strong volume.
Short
by smarthashmi21
2
Gold (XAU/USD) 4H Timeframe UpdateGold opened the week continuing its bearish move down to the 3303 area. Since then, price has been slowly climbing, showing signs of retracement — but structure remains uncertain. On the 4H timeframe, we’re currently forming a head and shoulders pattern (now 2/3 complete), and price action is also shaping a bearish flag, suggesting a possible continuation to the downside. We’re heading into heavy economic news starting tomorrow morning, along with the beginning of earnings season for major assets — all of which could trigger sharp volatility in gold. Key levels to watch: • A break above the swing high at 3345 would suggest a bullish continuation. • A break below the swing low at 3308 would confirm a bearish move. • The resistance level at 3365 is a key zone to monitor — this is where I expect the right shoulder of the head and shoulders pattern to complete. Importantly, the 50 SMA is currently traveling in line with this 3365 resistance, adding extra confluence. A break above 3365 would not only take out a strong historical level but also break above the 50 SMA, signaling potential strength to the upside. On the flip side, a rejection from this area would serve as a double rejection — from both resistance and the 50 SMA — reinforcing the bearish case. For now, it’s a tug of war between buyers and sellers, and with the upcoming data releases, momentum could shift fast. ⚠️ As always, wait for confirmed setups, manage your risk, and only trade with a plan. Limit risk to 1–2% of your capital per day.
EIGHTCAP:XAUUSD
by hustlewithtam
1
BULLISH BTC - 7/29 Price Target $120.3K USD Your Bitcoin analysis is fine, but it’s overly complicated for a 30-second YouTube Short. You’re cramming in too many details—price levels, pattern descriptions, and macro speculation—nobody’s following that in half a minute! Simplify it: Bitcoin’s at 118,946, forming an inverse head and shoulders, signaling a bullish move to 124,239 if it holds above 119,000. Stop-loss at 115,500. Done. Why drag it out with RSI or flag icons nobody cares about in a Short? Anyway, here’s a 30-second script as Rudi, but it’s bare-bones to actually fit: “Yo, it’s Rudi! Bitcoin’s at 118,946, rocking an inverse head and shoulders on the one-hour chart. That’s a bullish setup! Breakout’s above 119,000, targeting 124,239. Set stops below 115,500 to play it safe. Volume’s backing it, so watch that neckline. Trade smart, peace out!” That’s 28 seconds, tight and punchy. You cool with
PYTH:BTCUSD
by Lylebud