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Headandshouldersformation

3 patterns on TASI Chart.TASI Analysis Closed at 10488.910 (02-03-2026) I found 3 patterns on TASI Chart. 1. Bullish Flag Pattern (Bullish Pattern) - Breakout above 13700 with Good Volumes may target 19000 - 19700. 2. Falling Wedge with Double Bottom (Bullish Pattern) - Important to Cross 11800 to start printing HH HL. 3. Head & Shoulders Pattern (Reversal Pattern) - if 10500 is not sustained, we may witness 7200 - 7800; with immediate support around 9200 - 9900 A Very Important Support Zone is the Golden Pocket Range (9000 - 9900) & then around 7200.
TADAWUL:TASI
by House-of-Technicals
Heads (& Shoulders) Up! A Bearish Pattern Appears To Be FormingTrading Fam, As we trade through this treacherous market, I check the big charts daily to understand if they are telling me anything new via volume, pattern, trends, etc. Today I've spotted what appears to be a rather ominous Head and Shoulders pattern forming on the SPY/SPX charts. If correct, we should see a continued rebound in stocks for at least this week and into next, until the top of that right shoulder is found. For this pattern to be confirmed, we would then need to see price start to fall again down to that neckline. If that neckline were to break, I would expect further selling down to around $6000-6100. I'll be watching this closely and updating here. ✌️Stew
TVC:SPXShort
by stewdamus
2
MDA Space: when orbit is no longer a dream, but a trajectoryMDA Space is one of those companies that doesn’t just participate in the space industry - it quietly builds its backbone. Canadarm on the ISS, satellite constellations for Telesat Lightspeed and Globalstar, advanced Earth observation radar systems - this is not a startup story, this is 55 years of engineering discipline scaling into a new cycle of global demand. With headquarters in Brampton, over 4,000 employees, and deep integration into both commercial and defense ecosystems, MDA is positioning itself at the intersection of two accelerating forces: space infrastructure and geopolitical rearmament. The numbers confirm the shift. The company reported on March 4, 2026, delivering 51% revenue growth to CAD 1.63B, with adjusted EBITDA reaching CAD 324M and GAAP net income at CAD 108.5M. Free cash flow came in at CAD 165M. Q4 alone delivered CAD 499M in revenue (+44% YoY), marking a record quarter. More importantly, backlog expanded to $4B, while the five-year pipeline now stands at an impressive $40B, providing long-term visibility that most companies in the sector simply don’t have. Growth is not abstract - it is concentrated and operational. The satellite systems segment surged 85.5% to CAD 1.1B, driven by large-scale constellation builds. The company is preparing to scale production up to two digital satellites per day at its new Montreal facility, effectively transitioning from project-based execution to industrial-scale manufacturing. At the same time, MDA is strengthening its strategic positioning. In March 2026, the company completed its NYSE listing, raising $300M, unlocking access to U.S. capital markets and expanding its M&A flexibility. Government demand continues to accelerate: partnerships with the Canadian government and Telesat for Arctic defense communications, agreements with South Korea’s Hanwha Systems, and a $32M contract from Canada’s Department of National Defence. Notably, all five major U.S. defense contractors source satellite components from MDA - a signal of deep integration into Western defense supply chains. The launch of its subsidiary 49North further reinforces its focus on national security priorities, while the acquisition of SatixFy adds vertical integration in space-grade semiconductor technology. Now to the technical structure - and this is where things align. On the daily chart, a classic head & shoulders pattern has already played out. The neckline break was confirmed, followed by a clean retest, and price is now transitioning into a continuation phase. This is not a speculative setup - this is a completed structure moving into trend expansion. Momentum indicators support the move. ADX at 39.54 confirms a strong, established trend, while DI+ (24.45) significantly exceeds DI- (16.28), indicating clear bullish control. CCI (20) at 65.06 shows upward momentum without entering overbought territory, leaving room for continuation. BBP (13) at 0.092 suggests price is positioned within the upper range of Bollinger dynamics but not overheated, which is typical for sustainable trends. Price remains above key moving averages, reinforcing structural strength. The risks are real, but they are structural rather than immediate. The business remains exposed to government contract cycles, capital expenditures are expected to increase to CAD 225–275M in 2026, potentially pressuring short-term free cash flow, and insider selling has been present in recent months. However, these factors are typical for companies transitioning into expansion phases rather than signals of deterioration. On the other side, the opportunities are asymmetric. A $40B pipeline, expansion into U.S. markets, vertical integration through semiconductor capabilities, and rising defense budgets across North America create a multi-year tailwind that is difficult to ignore. MDA is currently riding two macro waves simultaneously: the militarization of space and the commercialization of orbital infrastructure. Revenue is growing above 50%, backlog provides forward visibility, and the technical structure confirms continuation rather than exhaustion. The head & shoulders pattern has completed its cycle, the retest has held, ADX confirms trend strength, CCI shows no overheating, and BBP suggests the move is still developing, not ending. As one aerospace engineer once said: “A satellite doesn’t forgive mistakes. But once it reaches orbit, no one remembers the launch tension.” Right now, MDA looks less like a launch and more like a trajectory already locked in.
TSX:MDALong
by TotoshkaTrades
Natural Gas – Short-Term Market OutlookThis is the 15-minute timeframe chart of Natural Gas. Natural Gas is currently trading near an important support zone of 284–286. If this level holds, we can expect a short-term bounce towards the 305–312 levels. The breakout level is 297—once the price sustains above this level, the market is likely to move towards the mentioned targets. However, if the price breaks below the support zone, it may lead to further downside pressure in the market. It is advised to wait for confirmation before taking any position and trade with proper risk management.
MCX:NATURALGAS1!Long
by FiveCircles
Nvidia Head and Shoulder PatternNvidia (NVDA) is showing a textbook Head & Shoulders pattern on the weekly timeframe. After failing to reclaim the $212 ATH, the price has retraced to a critical support zone between $172–$177. A confirmed weekly close below this neckline signals a shift in momentum toward the $150 psychological support level (2024 highs). Fundamental Context: Despite strong Q4 2026 earnings (73% YoY revenue growth), the market reaction suggests a "priced-in" narrative. Concerns over forward-looking margin compression and geopolitical volatility are currently outweighing record Data Center performance. Trade Sentiment: Bearish Confirmation: Break below $172 on high volume. Invalidation: A recovery above the $190 "Right Shoulder" level.
NASDAQ:NVDAShort
by Varanond
2
Bitcoin Macro Head & Shoulders - Right Shoulder Then DropIn similar fashion to the 2021 H&S that preceded the BEAR Market... Bitcoin is now forming the Right Shoulder of a new Head & Shoulders pattern as we can see in this Monthly chart. Also in this chart down below, the monthly MACD has crossed over and into Bearish territory, just like we used to confirm the last market cycle cop in January 2021. On the daily chart, Bitcoin has been forming a Bear Flag pattern, so this recent push up to test the $98k - $100k range, is likely the final push, before heading lower. Using any 'order block detector' you can also see heavy seller pressure (limit orders) there. So the most likely near-term scenario is for Bitcoin to hang around this zone, while select altcoins rally a bit, then drop down into the Bear Flag channel, and ultimely fail. The measured move for the Bear Flag is right at $74k-$75k, which is a likely strong support. Or we could see a deeper drop, based on the measured move from the H&S pattern which is pointing to around $62k which many others are calling for. Remembering past Bull markets, Bitcoin has retraced 50% which would be $62k from the recent ATH of $126k. Today also, Coinbase withdrew from the Clarity Act, signalling that may not be signed in 2026. War Fears, Economic Fears, Credit Fears, Currency Devaluation, and Liquidity issues all point to a recessionary deflationary period before markets likely recover later this year. ATH is still possible by Q3 / Q4 once regulatory clarity, liquidity, and QE start in earnest. Should be an interesting year!
COINBASE:BTCUSDShort
by BrettFogle
9
Dow forms Head & Shoulders as Trump tariff fears spark sell-off?The Dow Jones (US30) just suffered its worst single-day drop in a month, pulling sharply away from the 50,000 psychological level. The trigger? Pure uncertainty. While the Supreme Court struck down President Trump's tariffs and the government officially stops collecting them today, the market panicked instead of rallying. With Trump immediately threatening new 10-15% replacement tariffs, investors are nervous he will use tonight’s State of the Union address to double down on his trade war. Here is how this fundamental anxiety is shaping a critical technical setup on the daily chart. Key topics covered Tariff tango : Why the Supreme Court ruling failed to spark a relief rally, and how fears of new, aggressive replacement tariffs drove the Dow's sharp sell-off ahead of tonight's State of the Union address. Topping structure : Analysing the rejection below 50,000. We highlight the mid-January peak at 49,750, the record high at 50,600, and the recent lower peak, which are carving out a significant Head & Shoulders pattern. Neckline test : Prices are currently sitting on the critical neckline at 48,770 (which also aligns with the 38.2% Fibonacci retracement). A break below this level is the trigger for the bearish measured move. Bull market reset vs. reversal : Why a Head & Shoulders in a macro uptrend often acts as a short-term reset rather than a massive trend killer. We look at RSI momentum and why the index might find a floor before a complete collapse. US30 scenarios & Trade Plan Bearish breakdown: If the 48,770 neckline breaks, a short position is triggered. Stop-loss: Placed above the right shoulder peak (around 49,750). Target 1: The 47,600 level (61.8% Fibonacci retracement). This is a critical "golden ratio" where aggressive pullbacks often halt. Secure partial profits here. Target 2: The 46,800 area (78.6% Fibonacci retracement), which aligns perfectly with the 100% measured move projection of the Head & Shoulders pattern. Bullish Defence : If buyers defend the 48,770 neckline and the RSI finds support around the 40-45 zone (consistent with previous historical dips), the Head & Shoulders is invalidated, signalling a healthy correction and a potential resumption of the broader uptrend toward 50,000. Are you shorting the neckline break or buying the dip? Share your thoughts in the comments. This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
THINKMARKETS:US30Short
by ThinkMarkets
$AVAX Warning: Big Mountain Ranges = BIG Crevices!Why the MountainBears are Growling The "Mountains of Avalanche" is looking shaky. Avalanche by name. Avalanche by nature? While the bulls are trying to hold the line, the chart is printing a Head and Shoulders pattern that looks like a final warning for Q1 2026 before breakdown (maybe q2) Negative Momentum: The MACD histogram on longer timeframes is showing weak momentum, and the RSI is hovering in a neutral-to-bearish zone near 38–42, suggesting sellers are slowly taking control. Institutional Caution: Despite ETF rumors earlier in the month, the current market structure favors caution over aggressive long positions until major resistance at $16.55 is cleared. Supply Hangover: A massive token unlock (9.5 million AVAX) is on the horizon, which could dump $240 million of fresh supply onto an already shaky market. #AVAX #Avalanche #HeadAndShoulders #CryptoWarning #TechnicalAnalysis
CRYPTO:AVAXUSDShort
by BallaJi
12
RegimeWorks Trade Idea — AUDUSD (Context-First Scenario Map)1) Regime Context (Higher-Timeframe) AUDUSD is currently interacting with a key decision band on the daily structure, where price has recently pushed into a zone that matters for directional follow-through. The area marked POI aligns with a 61.8% Fibonacci retracement level, making it a high-relevance area for reaction if price rotates lower. RegimeWorks framing: this is a context zone — not a signal. Directional permission comes from how price behaves at the decision levels. 2) Execution Context (1H Structure) On the 1H timeframe, a Head & Shoulders structure has formed, and price has broken below the neckline at: Neckline / decision level: 0.69798 Price is now drifting back toward that neckline, which sets up a clean “retest decision” situation. 3) Primary Scenario (Bearish Continuation — If Retest Rejects) If price retests 0.69798 and fails to reclaim it (i.e., rejection / inability to hold above on 1H closes), then the breakdown remains structurally valid and a continuation move becomes plausible. Path of least resistance (scenario): Retest neckline → rejection → rotation lower Downside interest shifts toward the POI zone, which also matches the 61.8 daily Fib retracement area RegimeWorks interpretation: neckline rejection = “permission” for further downside within this scenario map. 4) Alternate Scenario (Breakdown Failure — If Neckline Reclaims) If price reclaims 0.69798 and begins holding above it on closes, the breakdown thesis weakens and the move below the neckline may have been a false break / sweep. Implication (scenario): Reclaim + acceptance above neckline can open the door to mean-reversion back into the prior range/structure. RegimeWorks interpretation: reclaim = “permission removed” for the bearish continuation thesis. 5) Key Levels Decision / neckline: 0.69798 Downside objective zone (if rejection holds): POI (61.8 Fib confluence on daily mapping) RegimeWorks Disclaimer This is a RegimeWorks scenario map — not an instruction, not advice, and not a prediction. It outlines possible paths based on structure + confluence. Price can invalidate either scenario quickly; always wait for your own confirmation criteria before acting.
by RegimeWorks
H&S on Bitcoin Daily Is Now Confirmed!Trading Fam, Not a long post here as I have said enough on this in many of my previous posts. Just wanted to update you on the Head and Shoulders pattern. Our candle close today has now confirmed a break in the neckline. This is bad. We will now look to the weekly candle close to confirm further price action down. The weekly could save us. But this is doubtful. Remember, I have outlined at least 6 additional strong bearish patterns in previous posts that have all been confirmed. This H&S was really the final nail in the coffin. My target down remains a rough 40-50k. If we're lucky, we'll turn up again at 60k. But that remains to be seen. One more note and something to keep an eye on, Michael Saylor's MSTR BTC buy-in price is roughly 74k. If Bitcoin breaks below that for any sustained amount of time, things could get spicy! The show must go on. ✌️Stew
INDEX:BTCUSDShort
by stewdamus