Head and Shoulders
Possible Movement of Silver: Watch the Golden Zone RetestSilver has broken above a two-top downtrend with a strong bullish impulse, marked by a long white candle. Currently, it appears to be forming a Head and Shoulders pattern. A break below the neckline and the supporting uptrend could lead price back to the golden zone—around the base of the breakout candle—before resuming its upward move toward the main target near $39.
GBPUSD HTF Bearish Bias/Head and Shoulders PatternMy bearish bias for GBPUSD has not changed. Price continued to pullback but it is just a matter of time now until we see a drop. And if this Daily TF retest of the head and shoulders pattern is anything to go by, then this will be a nice swing trade.
We just need to be a little bit more patient to get the right entries on lower time frames.
GBPAUD: Bearish After News 🇬🇧🇦🇺
GBPAUD looks bearish after the release of the US news today.
I see a strong intraday bearish pattern on an hourly time frame:
head and shoulders with a breakout of its neckline.
I will expect a bearish continuation to 2.0668 support.
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GBPUSD – Hourly Head & Shoulders in PlaySpotting a potential head and shoulders pattern on the GBPUSD hourly chart.
I’m still waiting for confirmation before entering the trade.
Trade Setup:
Risk/Reward: 3.4
Entry: 1.34433
Stop Loss: 1.34645
Take Profit 1 (50%): 1.33822
Take Profit 2 (50%): 1.33603
On the higher time frame, price is also testing diagonal resistance — adding extra confluence to the short bias.
For now, it’s a waiting game to see if the pattern confirms.
💡 Trading Tip: Nobody knows for certain where the market will go — always predefine your risk before entering a trade.
Please note: This is not financial advice. This content is to track my trading journey and for educational purposes only.
Potential inverse head and shoulders target reached on EthereumWell... nearly reached at this stage anyway. In a similar vein to Dow Theory (in which you would normally expect that the Dow Jones Industrial Average would rise alongside the Dow Jones Transportation Index, the Nasdaq Composite, the SP500 and the Russell 2000 indices), let's suppose you would expect that Ethereum would rise alongside Bitcoin and the other altcoins.
Let's face it, Ethereum has had a great run recently, but what has Bitcoin been doing over the past month in particular? Literally nothing. Zero, zilch, nada... But why am I bringing up caution at this stage whilst everyone is so bullish about Ethereum? Let's scale out. If you look very far out to earlier this year, there was spike down in February for Ethereum (which formed a 'left shoulder' downward), and further retracement in share price downward to the ultimate low in April two months later to form the 'inverted head', followed by upward movement to form the inverted 'right shoulder' in late June.
This allows us to draw a 'neckline' at around about the 2880 level. Extending calculations from this neckline to the inverted head provides a range of approximately 1400, but when utilising exact numbers utilising charting software, and extending this range upwards from the neckline northwards provides a potential target of 4,368.94, which is fairly close to where we've been recently (the high of 4,333.13 about 2 hours ago at the time of writing).
Unless Bitcoin can get itself moving, as well as Ethereum turn around with respect to the one hourly momentum, tread cautiously and consider the possibility that the target may be reached of this head and shoulders target for Ethereum (thus, neutral bias at this stage, with potential to turn bearish).
XAUUSD SELL SETUPGold already on a level of supply zone after the liquidity grab , and on 1hr time frame we already seeing a change of structure and distribution schematic .. also looking from chart pattern thats also a possible head and shoulder pattern.. looking to sell if the retrace back to retest that order block
Ethusd breaking above invh&sEthusd chart has a similar set upas the total2 chart, a cup and handle that is breaking up from a smaller inverse head and shoulders that will complete the handle to the cup. Ethereum actually has two potential to trendlines for its cup and handle and I wouldn’t be surprised if both are valid. The breakout target for the inverse head and shoulder pattern will take price action above both of them. Once we solidify the top trendline for the cup and handle patterns as support the breakout target for it is $7161. Ethereum just recently had a golden cross on the daily which adds to the probability the inverse head and shoulder pattern breakout will be validated. *not financial advice*
Is oil price heading back up? Watching a potential inverse head and shoulders forming on the 30-minute chart for Oil.
🔹 Risk/Reward: 2.7
🔹 Entry: 63.290
🔹 Stop Loss: 63.043
🔹 Take Profit 1 (50%): 63.93
🔹 Take Profit 2 (50%): 64.21
A couple of key factors still need to align before I pull the trigger:
• One will confirm around 14:45 SAST (GMT+2)
• Looking for lower volume on the right shoulder compared to the left
What do you think? Is oil ready to push higher?
Drop your thoughts or how you trade inverse head and shoulders below! 👇
GBPUSD - Bearish ValidationGBP completed HAS pattern and now is testing the Resistance cluster - what for me is the Bearish Validation of trend reversal to downtrend.
Yet the price is staying within the downtrend channel.
If price respects the Resistance and the channel - we are in the downtrend.
Jus my humble opinion
Bearish Head and Shoulder Pattern = Bullish As you can see, a bearish Head and Shoulders pattern is forming on the BTC dominance chart, specifically on the 4-hour timeframe. The neckline has already broken down, which indicates potential downside movement in dominance. This could lead to a strong pump in altcoins in the coming days. So, if you're thinking about selling right now, it’s better to hold and wait. You may start seeing results within the next two to three weeks. Keep an eye on this setup and watch how it plays out
Possible Head and Shoulders Pattern - Analysis and TargetsWe have a possible head and shoulders formation on Gold. Upon a break below 3,358, we would have a target down to 3,327 which also would line up with our volume blocks on the VPVR. A break above 3,390 would negate this pattern. If we break down we are still in a macro ascending triangle formation which would be a bullish formation until proven otherwise.
Short Term : Bearish
Medium/Long Term : Bullish