Borrow Yen buy Dollars!!! :) BOJ will do what they do Probably beneficial to Japanese stocks as their companies are obviously big exporters think Honda , Toyota... Beautiful Inverse Head and shoulders in progress Big Charts ---> Big Patterns ---> Big moves
ON semi pattern is a bit sceptical. The stock was in a super uptrend peaking at ATH 111+ tested 87-89 area, broke out to 111, but quickly reversed in few weeks and again couple times tested the same resistance of 87-89. Assuming 111 was an end of wave 5, as we did not have other highs tested, we are now in a serious ABC correction shaping a H&S pattern as...
Short on Wday as the h and s break happens. waiting for retest. *Not a financial advice. charts drawn here is only for educational purposes.*
Possible head and shoulders on the 4hr. or at resistance in a channel. Very tricky to know which. Wait for conformation.
BTC in the recent past put in a head and shoulders pattern. The neckline drawn onto the chart is above current price and rejecting it. Volatility has flipped decidedly. News is that Bitcoin and crypto ETFs have had several consecutive days of outflows some perhaps when stop gold spiked. Dollar value has a role in this as well as it dipped and then recovered. I...
AJ formed a Head & Shoulders pattern then ended the week with a dump. Moving forward this week I'd look for the retest here of the neckline for the next bearish wave opportunity!
FX:EURUSD broke down the support level. 1st target the Support leverl tested last couple of years, 2nd target hight "Head". Stop Loss above bear candle.
AUDJPY has developed a significant head and shoulders pattern on the an intraday chart. The pattern's neckline was breached yesterday, with an intraday candle closing below it. I anticipate a downward trend now, with the next support level likely at 98.20.
What a week we just had! Friday we saw aggressive broad selling all the way into the close. The NDX is once again just flopping around in this multi-week range - while The Dow is meaningfully breaking down. For indexes - I will be focusing on the Dow this week. The DJI has been super clean lately and is the only index really making the sizeable moves as...
DOGECOIN (DOGE) has broken ascending pattern and also broke local support. DOGE is currently trading below its support. SELL OR SHORT position can be taken.
Wyckoff Accumulation Pattern: The weekly chart of Rarible/USD shows a pattern that resembles a Wyckoff accumulation pattern, characterized by a giant inverted head and shoulders. This could indicate long-term accumulation by large investors, including Coinbase which uses Rarible for minting its native NFTs. Theoretical Price Target: Based on the head and...
Whilst the "Descending Triangle" was being heavily promoted in the market, I still don't think this was the case but a complex sideways action due to a correction possible wave(4) and fundamentals!
There is a chance that price could continue bullish from here, BUT I can NOT ignore the fact that there is a weekly head and shoulder possibly printing. Which will send price bearish for quite a bit. On top of price not really breaking this area of price since 2021. This is a key level of price for EU. There has been 4 bearish engulfing candles in this area on...
NASDAQ:SMCI spotted Head and Shoulders pattern. Price is holding at support level. Until it bounce or break, will determine its next direction.
I can't believe how does this coin live. BTC is going down, meh, I don't care! This is my third try with this chart. I can clearly see Head and Shoulders pattern. I've shorted with only conservative scenario as I am going to sleep soon :) p.s.: I feel like there is someone behind this coin. I mean market maker or "big money" with its own targets in mind. Maybe...
Everything is on the graph : it's too early to go on a parabola.
Market Structure Bearish On HTF Strong Seller's Rejection on the Weekly Time Frame Previous Weekly Structure Point Weekly and Daily at the same AOI Weekly Rejection At AOI Weekly Engulfing Candle Potential Head and Shoulder on the Daily Daily Rejection Candles at AOI Daily Rejection From The EMA Around Psychological Level 1.71000 H4 Rejection at the EMA H4...
We have everything in place… A double bottom A channel down breakout An inverted head and shoulder forming out