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
Headandshouldersformation
Build-A-Bear WorkshopClassic ChartWizards setup. NYSE:BBW
ChartWizards first reported on NYSE:BBW around $22 back in 2022, buying the clean Head & Shoulders FAILURE breakout that most ignored.
Since then, BBW has been one of the most consistent secular uptrends we’ve tracked, grinding higher through 2023–24 with textbook pullbacks and measured breakouts. In mid-2025 we flagged the move through $38 as a fresh all-time high and a technical validation of our multi-year bullish stance. Fast forward to September 2025, and the stock has exploded to $71, a more than 3x move from entry.
I’ll say it again: I’m biased, but I don’t think anyone has covered this name better than we have. This is the kind of chart that defines what Chart Wizards is all about.
Tata Motors smashes resistance – Power packed rally ahead!This is the 4 hour chart of Tata Motors.
Tata Motors recently gave a breakout on the shorter timeframe around the ₹700 level and is currently trading near ₹721.
The stock has established a strong support zone between ₹690–₹700. If it sustains above this level and the current momentum continues, we may see a potential upside towards the ₹750–₹760 range in the shorter timeframe.
Thank you.
GSFC chart showing a hidden setup… Is this the breakout moment?GSFC Chart Update (4H Timeframe)
Chart 1:
Stock has formed a symmetrical broadening wedge.
If the stock respects the resistance, there is a possibility of a Head & Shoulders pattern.
Key support zone: 202 – 204.
Chart 2:
GSFC is forming an ascending broadening wedge pattern.
Support lies in the 192 – 195 range.
If this level sustains, potential pattern target is around 240.
Thank You !!
DIXON Clears ₹17,000! Strong GDP Data Fuels Momentum...DIXON has been consolidating in a bullish structure over the past few weeks, forming an Inverted Head & Shoulders pattern on the daily timeframe – a strong reversal signal that often precedes major trend shifts.
📈 Technical Breakout:
Today, the stock broke above the ₹17,000 neckline resistance with strong volume and closed 5.3% higher intraday. This breakout candle confirms buyer dominance and signals a potential shift into a sustained uptrend.
🔍 Trade Plan:
* Entry Zone: Look for a retest of ₹17,000 for a safer entry.
* Stop-Loss: ₹16,450 (recent swing low & neckline support).
* Target Levels:
* 🎯 ₹18,200 – Near-term resistance based on recent price action.
* 🎯 ₹19,000 – Next significant supply zone.
* 🎯 ₹20,200+ – Medium-term target based on pattern projection.
🌐 Fundamental Tailwind:
India’s strong GDP growth data has boosted investor confidence, providing a macro push that aligns with DIXON’s bullish breakout. The confluence of technical strength and economic optimism increases the probability of a strong follow-through rally.
📊 Takeaway:
This setup combines a clear breakout, defined risk levels, strong volume confirmation, and positive macro sentiment – an ideal scenario for trend-following traders.
Reverse Head & Shoulders on XAUUSD (CFD)🟢 Reverse Head & Shoulders on XAUUSD (CFD)
On the 1H chart, the market has recently completed a five-leg structure, which visually aligns with a reverse head & shoulders pattern:
① Left Shoulder: Formed around 3338 with a local support bounce.
② Minor High: First rejection confirming neckline area.
③ Head: The lowest point near 3320, creating a liquidity sweep below previous lows.
④ Right Shoulder: Retesting neckline after liquidity grab.
⑤ Confirmation: Price rejecting higher lows, aligning with bullish order flow.
Key Technical Insights:
Neckline Break: A clean break above the descending neckline (around 3348–3350) could validate the pattern.
Targets:
First target around 3350–3360 (short-term liquidity pool).
Extended target near 3410 if bullish momentum continues.
Invalidation: A drop back below 3320 would invalidate the structure and open the door for deeper bearish continuation.
SMC Context:
The head represents a sweep of liquidity beneath prior lows.
The right shoulder forms with mitigation and BOS signs, suggesting a possible shift in market structure.
If BOS confirms above the neckline, price is likely to fill imbalance zones toward higher liquidity areas.
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📌 This setup highlights both a classical pattern (reverse H&S) and smart money concepts, merging retail and institutional perspectives for a stronger confirmation bias.
LINK Rally Cools Off — Next Long Opportunity at $20LINK has awakened with strength, rallying +60% in just 10 days. Price completed a clean 5-wave Elliott impulse, topping at the 1.0 trend-based Fib extension, which aligned with:
0.702 Fib retracement
Pitchfork upper resistance line
Key resistance zone
This perfect confluence marked the 5th wave top, followed by a -13% correction.
🔴 Short Opportunity
The current structure is forming a Head & Shoulders pattern.
➡️ Resistance zone: $23 – $23.5
🧩 Confluence factors:
Anchored VWAP (red line) from the 5th wave top
Fib speed resistance fan – Golden Pocket
➡️ Target: $20 support zone.
🟢 Long Opportunity Zone
The $20 zone offers the strongest confluence for a long entry:
Yearly Open (yOpen): $20.02
0.5 Fib retracement: $20.09 (of the 5 Elliott waves)
Pitchfork golden pocket
Anchored VWAP (green line): $20.28 (swing high)
Fair Value Gap (FVG) / imbalance fill
Liquidity pool
$20 psychological level
Trade Plan:
Entry: $20.5 – $19.5
Stop Loss: Below $19
Take Profit: $25
Potential gain: +25%
R:R: ~1:5
🔍 Indicators used:
DriftLine — Pivot Open Zones → For identifying key yearly/monthly/weekly/daily opens that act as major S/R reference points
➡️ Available for free. You can find them on my profile under “Scripts” and apply them directly to your charts for extra confluence when planning your trades.
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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.
Gold short – Head and Shoulders Setting Up on 15min?There’s a potential head and shoulders pattern forming on the 15-minute chart.
📌 What I’m watching for:
A 15min candle close back inside the neckline range
Lower volume on the right shoulder vs. the left (to confirm weakening momentum)
🧠 Trade Idea (Short bias)
🎯 Entry: 3380.9
❌ Stop Loss: 3388.0
✅ Take Profit 1 (50%): 3358.9
✅ Take Profit 2 (50%): 3346.3
⚖️ Risk/Reward: 3.8R
This setup lines up with my trading method that focuses on structure, volume, and clean risk/reward.
🤔 What are your thoughts on gold today?
Are we about to roll over — or will bulls push through resistance?
US100 Index – Potential Bearish Reversal in Key Resistance Zone🧠 US100 Index – Potential Bearish Reversal in Key Resistance Zone
Timeframe: 30-Minute | Chart Published: July 24, 2025
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🔍 Overview
The US100 (NASDAQ) has been trading in a well-structured ascending channel, forming higher highs and higher lows. However, recent price action suggests that the index is testing a critical supply zone near 23,400, with signs of weakening bullish momentum. This may signal a potential corrective phase or bearish reversal.
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📈 Technical Analysis Breakdown
🔵 Trend Structure:
Price is respecting a clear ascending trendline (blue), connecting multiple higher lows.
Multiple bullish flag/channel formations have been completed within the uptrend, showing healthy momentum until the current point.
🟥 Resistance Zone:
Strong supply zone marked between 23,250 – 23,450.
Price action shows stalling candles and rejection wicks within this zone, indicating buyer exhaustion.
⚠ Bearish Patterns:
The red path projection suggests a head and shoulders-like structure forming at the top of the channel.
This, along with divergence in wave strength and shrinking momentum, supports a potential reversal.
🔵 Key Support:
First support lies around 23,000 — aligning with the ascending trendline and previous consolidation.
If broken, next demand zone is around 22,835 – 22,900, where historical consolidation took place.
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🔁 Projected Scenario (as per visual path)
1. Price may attempt one last push into the 23,400–23,450 zone (possible false breakout).
2. Rejection from this level could trigger a fall toward the ascending trendline support.
3. A confirmed break of the trendline can lead to a larger correction toward the 22,800 zone.
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🧠 Unique Insight
This chart combines multi-timeframe structure recognition with a real-time reversal formation inside a long-standing bullish trend. The analysis doesn’t just rely on textbook patterns—it recognizes real-time price behavior shifts, which makes it valuable for proactive traders.
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📌 Conclusion
While the trend remains bullish overall, caution is warranted as the US100 approaches a historically significant resistance zone. The setup offers a compelling risk-reward short opportunity for aggressive traders, especially if the price confirms a break below trendline support.
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🔧 Next Steps for Viewers
> “Watch for a clean rejection candle or lower high at resistance before entering short. If trendline breaks cleanly, 22,835 could be the next target zone.”
ZORA 5-Wave Completion — 30% Crash Incoming?After exploding +1150% in just 20 days and completing all 5 waves, ZORA is now consolidating — trading sideways just under the $0.10 psychological level for the past 4 days.
📉 Current Market Structure
The current structure shows signs of a developing Head & Shoulders pattern, with price:
Trading below the daily open (dOpen) and weekly open (wOpen) → Bearish signs
Hovering near the prior daily open (pdOpen) → a breakdown here would confirm bearish continuation
🔴 Short Setup - Bearish Scenario
If ZORA breaks below pdOpen, we’re likely heading for:
0.618 Fib retracement at $0.06137 of the final wave 5
Confluence with 1.272 Trend-Based Fib Extension (TBFE) at $0.06148
This zone marks the next high-probability reaction point and a potential long opportunity if price shows a bounce or reversal.
📉 Overall Short Trade Target
The full retracement target sits between $0.0529 and $0.0514, offering multiple layers of confluence:
0.5 Fib retracement of the full 1150% move
0.786 Fib retracement of the final wave 5
Aligned with an old trading range and daily level
This makes it an ideal demand zone for patient bulls but only once price confirms.
💡 Educational Insight
This setup highlights an example of Elliott Wave Theory in action — after a strong 5-wave impulse move, markets often enter a corrective phase. The completion of wave 5, especially near key psychological levels like $0.10, often marks a local top, where price corrects toward key Fibonacci retracement zones.
Combining wave structure with confluence factors like Fib levels, VWAP, and prior trading ranges helps traders identify high-probability reversal zones — allowing for better timing, risk management, and trade planning. Always wait for confirmation before jumping into any trades.
Summary
Bearish continuation confirmed on pdOpen breakdown
First support zone: $0.0613–$0.0614
Final downside target: $0.0529–$0.0514
Look for long opportunities only on reaction + confirmation
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GBPUSD – Daily Timeframe Analysis: Head & Shoulders PatternThe GBPUSD daily chart is currently presenting a textbook Head & Shoulders reversal pattern, a powerful bearish signal that often marks the end of an uptrend and the beginning of a new downward cycle. This setup demands attention from swing and positional traders alike, especially considering the size and clarity of the structure.
🔍 Pattern Breakdown
Left Shoulder: Formed in late May, establishing a significant high before a corrective move.
Head: A higher peak was made in early June, which now stands as the pattern's highest point.
Right Shoulder: A lower high formed in mid-July, indicating weakening bullish momentum.
Neckline: The crucial horizontal support zone around 1.3330–1.3340 was tested multiple times and has now been decisively broken, triggering a confirmed bearish setup.
📊 Technical Significance
This Head & Shoulders pattern becomes especially meaningful due to:
Multiple rejections at the neckline, confirming its strength as support-turned-resistance.
Bearish volume expansion on the breakdown, adding weight to the selling pressure.
Formation on a daily timeframe, suggesting a long-term trend reversal rather than a short-term pullback.
📌 Trading Strategy for Traders
✅ Sell Setup (Short Position)
Entry: Around the neckline zone on retest (1.3320–1.3340)
Stop Loss: Above the right shoulder (~1.3550)
Targets:
🎯 Target 1: 1.3100 (psychological and horizontal support)
🎯 Target 2: 1.2900 (measured move from head to neckline)
🎯 Target 3: 1.2650–1.2600 (extended downside zone based on structure)
⚠️ Risk Management Tips:
Don’t chase the breakdown — wait for a pullback/retest of the neckline to get a better risk/reward entry.
Ensure position sizing is appropriate based on the stop loss distance.
If price reclaims the neckline with strong bullish momentum and closes above 1.3350, exit short and reevaluate.
🧠 What Traders Should Keep in Mind
Macro Fundamentals: Watch upcoming economic events like BoE rate decisions, US NFP, and inflation data, which can cause volatility and impact the technical scenario.
Dollar Index (DXY) trend should also be monitored closely. If DXY rallies, GBPUSD breakdown can accelerate.
Trendline Confirmation: Align this with any break of rising trendlines drawn from previous lows.
📌 Final Thought
This pattern marks a crucial turning point in GBPUSD. The momentum has clearly shifted from buyers to sellers, and the breakdown opens up significant downside room. As a swing or position trader, this is a high-probability setup with a clear invalidation point (above the right shoulder) and a favorable risk-reward ratio.
📉 Patience and precision are key here. Let price come to you at the neckline, confirm rejection, and then take the trade with confidence.
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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USDJPY Forming Bullish Reversal | MMC Analysis + Target🧠 Chart Overview (2H Timeframe)
🔸 1. Head and Shoulders Inverse Pattern – MMC Bullish Blueprint
The chart beautifully shows an Inverse Head & Shoulders pattern, one of the most powerful reversal signals under MMC logic:
Left Shoulder: Formed after the initial drop and quick recovery.
Head : Deep liquidity grab and reversal from the lowest point (demand zone).
Right Shoulder: Higher low structure, indicating reduced selling pressure and shift in momentum.
This pattern is forming around a previous liquidity zone, which makes it more valid and aligned with smart money behavior.
🔸 2. Retesting Zone – Critical MMC Demand Area
Price is now retesting a highlighted demand zone, which acted as the springboard for the previous bullish move:
Bullish Pattern marked aligns with MMC’s concept of “Return to Origin”.
This zone also sits just above the right shoulder, confirming that buyers are defending aggressively.
If this level holds, we may see a strong continuation move to the upside.
🔸 3. Previous Reversal Zone (Supply) – Next Target Area
Marked in light green, this area is the next critical resistance:
Acts as liquidity target for institutions if price rallies.
Historically acted as a major reversal point.
Price is likely to show reactions or profit-taking behavior here.
Once broken and retested, it becomes a new support for further upside continuation (as marked on the chart).
🔸 4. Dual Scenarios – Bullish vs Bearish Pathways
Your chart correctly outlines two strategic possibilities:
✅ Bullish Scenario:
Price respects demand zone.
Breaks above previous reversal zone (149.000+).
Bullish continuation toward 149.800–150.500 range.
MMC tip: “If it goes bullish, use previous demand or double it” = Add confluence or stack demand zones for scale-in entries.
❌ Bearish Scenario:
If price breaks below retesting zone, bullish invalidation triggers.
Look to the previous all supply zone (Zone Pattern Must) for next reaction.
This scenario reflects smart money rejection of upside continuation.
🗂️ MMC Structural Elements Identified:
Zone/Pattern Role in Analysis
Inverse H&S Trend reversal signal
Retesting Zone Demand/entry area
Previous Reversal Zone First key resistance / next liquidity pool
Supply Zone Below Target in case of downside breakdown
MMC Logic Follow price structure, fakeouts, demand/supply traps
📈 Summary Outlook:
USDJPY is showing a technical bullish structure backed by MMC-based price psychology. The current pullback into a demand zone gives traders an excellent R:R opportunity for long positions, targeting higher zones upon breakout confirmation.
🟩 If bullish, breakout >149.000 will likely lead toward 150.000+
🟥 If bearish, breakdown <147.600 opens doors to deeper drop toward 146.000 zone (watch for reversal pattern).
🔑 Key Levels to Watch:
Type Level Range Notes
Support 147.600–147.800 Current retesting demand
Resistance 148.800–149.300 Previous Reversal Zone (Profit booking area)
Higher Resistance 150.500+ Final upside objective
Breakdown Zone <147.500 Flip to bearish scenario
XRP Coiled in Range — Liquidity Below, Trade Setups AheadXRP has been stuck in a trading range around $3.50 for the past 5 days, offering multiple trade opportunities within the chop.
A notable short was triggered after a swing failure pattern (SFP) at the 0.666 fib retracement level near $3.563.
Now, with liquidity building to the downside, we’re watching closely for the next high-conviction setups.
🧩 Current Structure & Short Setup
🔴 Short Opportunity (Triggered):
SFP + 0.666 fib retracement at $3.563 led to rejection.
Market now shows a head & shoulders pattern forming.
Target: $3.2176 (0.618 fib retracement).
Trigger: Watch for a neckline break + retest for short confirmation.
Stop-loss: Above the right shoulder.
🟢 Long Setup:
Watching for a high-probability long around:
$3.26 → nPOC + 1.272 TBFE
$3.23 → anchored VWAP bands
This zone offers strong confluence and could act as the next launchpad.
Long Trade Plan:
Entry Zone: potential entries between $3.26–$3.22, price action needed for confirmation
Stop-loss: Below swing low at $3.1675
Target (TP): ~$3.40
✍️ Plan: Set alerts near the lows and react to price action at the zone — don’t front-run, let structure confirm.
💡 Pro Tip: Trade the Confluence, Not the Emotion
High-probability trades come from confluence, not guessing.
This setup combines nPOC, TBFE, VWAP, fib levels, and classical market structure (H&S) to map precise zones for both longs and shorts.
Let price come to you and wait for confirmation — especially in a rangebound environment where liquidity hunts are frequent.
Final Thoughts
We’re still rangebound, but liquidity is building below.
Keep an eye on the $3.26–$3.22 support zone for long entries and the H&S neckline for short breakdown confirmation.
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MARA: shoulders done, now walk toward the targetOn the daily chart, MARA completed a textbook inverse Head & Shoulders reversal with a clear breakout above the descending trendline. A corrective pullback followed, and the price is now heading into the key buy zone at 15.21–15.77 - aligning with the 0.72 and 0.79 Fibonacci retracements, and the upper boundary of the broken channel. This is the area to watch for a potential continuation of the bullish impulse.
Volume on the breakout was above average, confirming strong buyer interest. The EMAs are trending below the price, supporting the upward structure. The first target is located at 21.57 (previous resistance), with a potential extension to 28.77 (Fibonacci 1.618).
Fundamentally, MARA remains highly correlated with BTC and crypto sentiment. As interest returns to crypto-related assets due to ETF flows and possible Fed easing, mining stocks like MARA gain attention. Recent reports also show improved production efficiency and lowered costs - a tailwind for bulls.
Tactically, the best setup would be a confirmed reaction from the buy zone — whether a strong candlestick formation, volume surge, or reclaim of a key level. If that happens, aiming for 21.57 and 28.77 becomes a solid plan.
The pattern played out - now it's time for the market to walk the talk.
GBPUSD Long Opportunity – Inverted Head & Shoulders PatternGBPUSD is currently forming a classic Inverted Head & Shoulders pattern on the 1-hour timeframe — a powerful trend reversal signal that typically marks the shift from bearish to bullish momentum. The structure is clear, with a defined left shoulder, head, and right shoulder, and price now approaching the neckline resistance around 1.3488–1.3495.
Traders should now shift focus to two key confirmation events:
A neckline breakout
A successful retest of the neckline with a bullish reversal candle (e.g., bullish engulfing)
🔍 Trade Plan (Long Setup)
Entry: After 1H candle closes above neckline (~1.3490), wait for a retest of the breakout
Enter long on bullish confirmation candle during the retest
Stop Loss: Below the swing low of the retest (around 1.3440–1.3450)
Risk/Reward Ratio: ~5.5:1
🎯 Target Zones:
TG1: 1.3540 (Minor Resistance)
TG2: 1.3585 (Next structure zone)
Final Target: 1.3627+ (Full measured move from pattern)
📌 Confirmation Tips:
Look for bullish candlestick confirmation on neckline retest (bullish engulfing, hammer, or strong rejection wick)
Avoid entering inside the pattern – confirmation is key to reduce false breakouts
⚠️ Note to Traders:
This setup aligns with a possible shift in sentiment for GBPUSD. The pattern is developing against the larger downtrend, so discipline and stop-loss protection are crucial. A successful breakout and retest would suggest a potential short-term bullish reversal with clean upside targets.
🧠 Stay patient. Let the breakout confirm. Execute with structure.
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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EURAUD Weekly Trade Setup(14 to 18th July 2025) - Head&ShoulderThis week, EURAUD (Euro/Australian Dollar) has entered a critical price zone, providing a textbook technical opportunity for traders. A clear Head & Shoulders pattern has formed on the 4-hour chart, pointing toward a potential trend reversal from bullish to bearish.
Let’s explore how to trade this intelligently from both bullish and bearish perspectives.
1. Bearish Setup – Head & Shoulders Pattern Breakdown
This is the primary trade idea for the week.
✅ Trade Logic:
Price has completed a classic Left Shoulder → Head → Right Shoulder formation.
The neckline (support) will be tested.
The current price is will pulling back to retest the right shoulder resistance zone, offering an ideal short opportunity.
🔻 Entry Plan:
Wait for bearish reversal confirmation (candlestick rejection or bearish engulfing) on the 1H or 4H timeframe.
Enter short once confirmation appears near 1.7850–1.7900.
📉 Stop Loss:
Place SL above the right shoulder high, adjusting for volatility and swing high (around 1.7950).
🎯 Targets:
Target zone: 1.7450–1.7500 (profit booking zone marked on the chart)
Potential Risk/Reward Ratio: 1:2, 1:3, or even 1:4+
2. Alternative Bullish Setup – Reversal at Neckline (High Risk)
This setup is for experienced or aggressive traders who spot early reversals.
✅ Trade Logic:
Price may bounce from the neckline and 200 EMA support area.
If this happens, a temporary bullish reversal may push price back toward the right shoulder zone.
🔺 Entry Plan:
Wait for bullish confirmation (reversal candle) near the neckline and EMA support (around 1.7700).
🚨 Stop Loss:
SL must be below the neckline swing low (around 1.7650).
🎯 Targets:
Resistance zone (right shoulder): 1.7850–1.7900
R:R setups of 1:2 or 1:3 possible
⚠️ This is considered a counter-trend trade and should be traded with caution.
3. Technical Confluence and Indicators
Pattern: Head & Shoulders (bearish reversal)
EMA 200: Price reacting around the long-term trend line
Support/Resistance: Cleanly defined horizontal zones
Reversal zones: Highlighted in red (supply) and green (demand)
4. Final Thoughts
This week’s EURAUD setup is a strong example of structure-based trading. With a well-formed head and shoulders pattern and a clean neckline break, the market signals a shift in momentum.
Safe Approach: Trade the short side after resistance rejection.
Risky Approach: Try a long on neckline bounce with tight SL.
Always confirm with your system and maintain strict risk management. Trade what you see, not what you feel.
Ready to trade? Save this setup, monitor price action, and execute only with confirmation.
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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NATURAL GAS formed Head and Shoulders patternCAPITALCOM:NATURALGAS
🔍 From a longer-term perspective, I noticed that a Head and Shoulders pattern 🪖🩻 is about to form. This pattern has been forming since December 2024 and in the long term 🕰️ means no good for those who play long here 📉.
🙋♂️ Personally, I will stay aside for now and observe 👀. The asset may head towards the 3.0000 support level 🪙, where I expect a potential rebound 🔄, possibly even a retest of the trendline from below ↩️.
⏳ In the long term, the asset may even move towards the 2.0000 support level 🚨, but I will need more observation and data to be sure 🧪.
🕊️ Time will show. Thank you for the attention! 🙏
XAU/USD Potential Head & Shoulders Pattern FormingXAU/USD - Potential Head & Shoulders Pattern Forming 🔍
A possible Head and Shoulders pattern is taking shape on the 2H chart. With the right shoulder now forming and price nearing resistance, this setup could indicate a short opportunity.
🎯 Short Target: 3,304
🛑 Stop Out: 3,370
This setup offers a clean risk-to-reward ratio. Let’s see how price reacts in the coming hours!
💬 Drop your thoughts in the comments – do you agree with this setup? Let's support each other with ideas!
👍 Don’t forget to like and share if you find this helpful – your support means a lot!
USD/JPY at a key support level tested multiple times🔻 USDJPY Sitting at Critical Support – Decision Point Ahead
USDJPY is currently hovering around the 143.60–143.65 zone — a major support level that has held multiple times in the past.
🔍 Price just completed a clean Head & Shoulders breakdown, and this zone marks the neckline retest area. We're now at a make-or-break point:
Break Below 143.60: Confirms bearish continuation, opens downside toward 143.00 → 142.20
Hold Above 143.60: Could lead to a short squeeze back to 144.20–144.50 zone
📊 Volume is rising as we test this key level — suggesting that big players are stepping in.
Trend remains bearish overall with price trading below the EMAs and rejecting trendline resistance.
⚠️ This is not the place to guess — wait for confirmation. A strong candle close below or a fakeout rejection will show the path.
Trade smart. Wait for the market to speak. No bias, just price action. 🧠
Breakout Alert: AMD Head & Shoulders Points to $160+Overview
Name: Advanced Micro Devices, Inc.
Ticker Symbol: AMD
Exchange: NASDAQ
Founded: 1969
Headquarters: Santa Clara, California, USA
CEO: Lisa Su (as of 2025)Sector: Technology / Semiconductors
About
AMD is a leading semiconductor company known for its high-performance computing and graphics solutions. It competes with Intel and NVIDIA in the CPU, GPU, and data center markets. Its product line includes Ryzen (desktop/laptop CPUs), EPYC (server CPUs), and Radeon (GPUs), with strong expansion in AI and custom silicon for next-gen applications.
Fundamentals
Earnings: AMD reported strong Q1 2025 earnings with a beat on both revenue and EPS, supported by explosive demand in the AI and data center segments.Revenue: $6.52B, up 21% YoY
Outlook: The company raised guidance for the second half of 2025 as it expects to benefit from the AI chip boom and new product rollouts.
Technicals (4H Chart)
Inverted Head and Shoulders pattern confirmed with neckline breakout around ~$117
Breakout from Falling Channel aligning with bullish reversal structure
Price surged past resistance with strong volume, currently at $126.39 (+9.71%)
RSI at 65.88, approaching overbought but not signaling weakness
MACD bullish crossover, confirming momentum
Short-term target range: $145–$150, with extended projection up to $162.75
📌 Support Levels: $117, $111.50📈 Target Price (TP): $162.75 (based on pattern breakout height projection)
💡 My Take
AMD just pulled off a textbook bullish reversal — inverted head and shoulders breakout combined with a falling channel exit. With strong macro trends in AI hardware and data center expansion, this move feels well-supported fundamentally and technically.
The clean neckline breakout and explosive candle suggest continuation. I am expecting a potential consolidation around $130–$135ish before next leg to $150+. If momentum holds, $162+ is possible before August.
💼 Position
Type: AMD 145 Call
Expiry: July 03, 2025
Quantity: 15
Average Cost Basis: $.038
Date Purchased: June 12, 2025
Last Price: $0.47
Total % Gain/Loss: +23.4%
I entered after the neckline break and riding the wave. AMD’s setup is too clean to ignore — high conviction play.