A "head and shoulders" pattern is a technical analysis chart pattern that can indicate a potential reversal in a stock's price trend. It consists of three peaks: a higher peak (the head) between two lower peaks (the shoulders). The pattern suggests a potential shift from an upward trend to a downward trend.
However, the effectiveness of technical patterns like...
Gold has experienced a notable decline in recent times, prompting concerns that it may be oversold on both daily and weekly time frames. Oversold conditions suggest that an asset has experienced a significant downward movement and may be due for a rebound. In the case of gold, its price has been under pressure, leading many traders and investors to believe that a...
EURUSD Analysis: Oversold Conditions Suggesting Potential Rebound
The EURUSD currency pair has recently been displaying signs of being oversold on both the weekly and daily timeframes. This indicates that the selling pressure on the pair has been excessive, potentially setting the stage for a significant rebound in the near future.
On the weekly timeframe, the...
ES will print and complete ABC structure next week for big move up
Bulls will be caught here now; as they are looking for long right now for break of trendline for move up
and Bears will be caught next week; as they will be looking to break october low; but which will not come; as this will be ABC move for one more up on daily time frame.
something very bad is about to happen to gold
I am witnessing a lot of confluence; there is hidden bearish divergence in gold on daily plus I think dxy is going to make one more up with EURUSD to one more down
two days ago they gave you news that there is supply cut; retail are rushing in to buy oil to take to new highs
but little do they know the plan is to take the oil down to abyss
the plan is evil and eveyrthing is planned
i dont know how SEO for tradingview works... I posted about the buying before the friday close when nq had dropped to 11800 and everyone was extremely bearish... i posted this idea which you can see here
but its not ranking; hence I am posting this again
we have broken below sept 7 low....
the sentiment is extremely bearish
but the evil plan is to take the...