Head and Shoulders
USDCHF: Bearish Reversal ConfirmedThe 📉USDCHF formed a huge head and shoulders pattern on the 4-hour chart. Following the release of US economic data on Friday, the price declined sharply, breaking through the pattern's neckline.
Later that night, the price effectively retested the broken neckline and confirmed resistance at that level.
We can now expect a continuation of the bearish trend.
Next support levels are 0.8751 and 0.8720.
GBPUSD: Bullish Reversal Now Confirmed?!Check out 📈GBPUSD.
There are clear indications of a bullish reversal on the 4-hour chart:
the price formed a significant inverted head and shoulders pattern,
and both the neckline of this pattern and the resistance line of a descending parallel channel have been violated.
I expect the price to rise from here.
Target: 1.2833
My Thoughts...My Thoughts.
The market just gave a signal for a trend/pattern change...
I think we are bond to be seeing more upsides in the coming weeks to complete the market pattern
The market is in a bullish overall, now just made a HL in the overall trend and I think we are going to see a new HH in the current trend/pattern...
The market could sell
Use proper risk management
Let's do the most
$BTC #Bitcoin Just Gonna Leave This Here (Hmmmm..Maybe?) 😝This is just adding onto my logarithmic regression-inversion theory and how I personally believe the $BTC price movements may specifically play out. The general theory is that the logarithmic regression of $BTC will invert at a certain point in the next 1-3 years, changing the price suppression $BTC has had for its whole life into exponential support. I personally believe this is very possible, with exponential adoption of #Bitcoin for things like sovereign wealth funds, countries' legal tender and possibly even a world reserve asset. If those things (plus other possible variables) occur then this is how I see that possibly playing out.
Here is a detailed explanation of what I personally believe is happening/going to happen here.
Phase 1:
There would be a breakdown of price like we have now (possibly) completed. This would be in order to accomplish a few things for global institutions. Some of those things are:
1) Get Bitcoin out of the hands of the "common man". It would not be possible to acquire the amount of $BTC needed with so many people holding.
2) Cause liquidity issues for exchanges, making it more difficult for just anyone to purchase. (We have already seen this. ex: Voyager, Celsius, etc.)
3)Allow large accounts to be created at more feasible prices, while also providing a good (high) enough entry price to sustain value for the overall asset in the eyes of the public. (To keep people from losing interest)
There are obviously more reasons, but that's another post.
Phase 2:
A relief rally back up to the median range. This will obviously be a very volatile range, as 50% of investors sell (expecting a sharp move downward) and others (possibly the central financial institutions and/or sovereign wealth funds, who will not initially disclose their acquisitions) accumulating within this range.
Because of this volatility, the likely range it will be in, the immediate supports/resistances, and the typical movement of the $BTC price; My current prediction is that $BTC will move upward, after flipping the top of the recent range into support, and break above the main down-trend of a massive flag that $BTC has been forming for over a year. Then after a retest of that upper trend, price will attempt to break the new-found resistance as traders long from that trend line. Believing that this is the last upward movement, traders will then short the resistance level, and other holders may sell out of fear (or just simply because they will be at a break-even price, since a lot of volume was transacted in that range). This range will then prove to be the median range, previously mentioned. $BTC will then make a lower low, again at the upper trend of the flag. This will seem like a "bear-signal" but will actually be a second confirmation of support off of the upper-resistance trend of the flag, which will "fake-out" traders, causing a short squeeze. Then more traders will continue to short as others switch to a long stance. All of these movements will print an inverse-head-and-shoulders, the break-out of which will give $BTC price the momentum needed to make it back up to the $60K-$70K range.
Phase 3:
After making it back to the "all-time-high" range, there will undoubtedly be heavy volatility, as some call for a triple-top and others "FOMO" into #Bitcoin. This volatility, bouncing between the upper regression curve and the inversion curve, will begin to print a "rising-wedge" pattern. The break-out of this wedge will be the ultimate inversion of regression into exponential growth.
This is all pure speculation, however it is based on both, strong fundamental data as well as technical data. I personally believe in this theory, and it could also play out in other ways, but this scenario seems to make the most sense to me at the moment.
**This is my own opinion based on data observed. This is not financial advice.**
MLN - Looks like its readyMLN pumps hard when it does, but hasn't recently. This Inverted H&S is completing and the 50 EMA is crossing the 100 EMA, following the 200, so this looks like its a go pending BTC and ETH maintain stability. This may be a day or so out, but could be sooner.
*Not Financial Advice
How High Can BITCOIN go versus GOLD (sorry uncle Peter Schiff)One of the frequent topics of discussion revolves around the legitimacy of this pattern. There’s a widespread misunderstanding about the continuation type of the Head and Shoulders (H&S) pattern.
Indeed, it is a valid and dependable chart pattern.
Let’s explore this often-recognized chart pattern in more detail.
The Head and Shoulders chart pattern can manifest as a continuation on price charts. In an uptrend, a continuation H&S will closely resemble a H&S bottom, while in a downtrend, it will look like an inverse H&S. The implications and interpretations of a continuation H&S are generally consistent with those of reversal patterns. Price targets can be established in the same manner as they are for reversal patterns.
When a head and shoulders continuation forms during an uptrend, it typically breaks out to new highs once the pattern is completed. Breakouts to all-time highs from bullish continuation patterns are often reliable and robust.
Edwards and Magee highlighted the H&S continuation in their book, "Technical Analysis of Stock Trends," back in the 1930s. The pattern remains largely unchanged in today’s price charts.
Develop Global Ltd | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Develop Global Ltd
- Double Formation
* Hypothesis 1/1 At 1.865 | Subdivision 1
* A+ Set Up Confirmation Bias Short
- Triple Formation
* Hypothesis 1/2 Neckline Continuation | Subdivision 2
* Left & Right | 012345 | Wave Construction | Subdivision 3
* Template Ending On Bias Settings
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Neutral
MOG COIN! Blue-Sky Zone 5FiVE Zeros under 0.0000037!They say meme is a way to expedite adoption when it comes to crypto! Remember when DOGE, SHIB, PEPE, BONK, and now MOG listing on Coinbase pumped 50% to 150% and more!! The good news is that MOG has more potential than all of them.
MOGUSD is currently in a Rising Channel (aka: Upward Trend Channel), price broken out an inverse Head and Shoulders Pattern established within the Rising Channel with bullish momentum. This may be indicative of future new highs. Bullish Divergence has developed on the 4-hour chart indicating the pump is still in progress. In addition, the daily trend is strong, and key support has been established at are around the .00000243 area which could be a 33% retracement if a new support zone is not established and the price breaks below:
#1 Support .00000368 support
#2 Support .00000320 support
#3 Support .00000243 support
Currently the price and momentum are in an uptrend and is in the discovery zone called blue-sky zone.
As of today, I'm a member of HODL GANG 5FiVE Zeros under 0.0000037!
Future 1xx could be or is your 100x++!!
Please remember to do your own research (DYOR) and that this information is not financial or investment advice.
Nobody appreciates it !!!In the daily time frame, as you can see, there are two bullish patterns. The first one is a Wedge, and the second one is a H&S . If either of these patterns breaks, the price of notcoin can reach around $0.015 .
Give me some energy !!
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
IMX | ALTCOINS | Altcoin that CAN STILL +25%Immutable (IMX) is one of few good alts tat hasn't quite seen the parabolic increases that the rest of the altcoin market has seen.
IMX still has some room for growth until it hits the next major resistance zone, and even more if you consider the previous ATH at 4.6 (currently at 2$).
Make sure you don't miss the Bitcoin update, and why I say the ATH is in :
___________________
BINANCE:IMXUSDT
Alikze »» APT | Forming a head and shoulders pattern - 2D🔍 Technical analysis: Forming a head and shoulders pattern
- It is moving in an ascending channel in the daily time frame.
- After the touch neck line and also the failure of swing and poleback to it, it has continued its growth up to the ceiling of the channel.
- Currently, an AB=CD pattern is formed.
- In addition, a head and shoulder pattern is also observed in the daily and weekly time frames.
- Therefore, it can have another growth in the middle of the channel after a temporary correction, up to the area of the width and roof of the channel.
💎In addition, it can continue its growth until the next supply zone after the failure of the supply zone and pullback to it.
🚨 Note: The support area of 6.25 is the validity area of the analysis, if the candlestick stabilizes below the area, the bullish pattern will be invalidated. 🚨
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BINANCE:APTUSDT
EURNZD: Bullish Outlook For Next Week Explained 🇪🇺🇳🇿
EURNZD broken and closed above a horizontal neckline
of an inverted head & shoulders pattern on a daily.
It opens a potential for a further growth.
With a high probability, the pair will reach 1.821 resistance soon.
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BNB/USDT: Weekly Breakout! Massive Rally Ahead – Are You Ready?🚀 Hey everyone! 👋
If you’re finding value in this analysis, don’t forget to smash that 👍 and hit follow for premium setups that actually deliver results! 💹
🔍 Technical Breakdown:
BNB is looking primed for a massive rally! 💥 Breaking out of a textbook inverse head and shoulders pattern on the weekly time frame, BNB is flashing a strong bullish signal. The retest looks solid, and the setup suggests significant upside potential from here. 🟢
📈 Entry Range: $675-$735
🎯 Targets:
1️⃣ $980
2️⃣ $1,370
3️⃣ $1,660
4️⃣ $2,280
❌ Stop Loss: $480
⚖️ Leverage: Use low leverage for a safer trade (max 5x).
💬 What’s your take on BNB’s breakout potential? Are you spotting the same bullish momentum, or do you see it playing out differently? Let’s discuss in the comments below! Share your thoughts and analysis, and let’s make the most of this opportunity together. 🚀💰
Ankr’s breakout target from invh&s can bring 95% gains if soonAnkr is very close to completing its right shoulder on this fairly thicc inverse head and shoulders pattern it has formed. Hard to tell exactly when it will breach the neckline but one would assume that it’s probable for it to happen soon. *not financial advice*
XDC beginning to head to its bullish breakout targetsPosting an update this chart so I can show a zoomed in look at the daily price action with the measured move lines readjusted to the exact breakout points of the two chart patterns to provide ore accurate breakout targets. I will link the original chart idea i posted of these 2 patterns below. *not financial advice*
CNX Resources | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# CNX Resources
- Double Formation
* 012345 | Wave Continuation Uptrend | Subdivision 1
* Neckline Alignment At 37.60
- Triple Formation
* Right Leg & 0.236 | Subdivision 2
* Retracement Reversed 0.618
* Pennant Short Bias Set Up | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Neutral
Arm Holdings (ARM) - Head and Shoulders Pattern, Target $78-$94Overview: Arm Holdings (NASDAQ: ARM) is forming a classic Head and Shoulders pattern, a bearish reversal pattern that signals a potential drop in price. The pattern is visible with a left shoulder, head, and right shoulder clearly defined. The neckline support is around the $140 area.
Technical Setup:
Pattern: Head and Shoulders
Breakdown Level (Neckline): ~$140
Target Zone: $78 - $94, as projected from the height of the head to the neckline
Key Resistance: $164 level (former high)
Earnings Catalyst: With earnings approaching, the release could act as a potential catalyst to expedite the completion of this pattern, either causing a breakdown below the neckline or a temporary rebound before further selling pressure.
Price Action:
A breakdown below the neckline could see the price falling to the target zone of $78 to $94.
Watch for any bounce around the neckline, which might offer a better risk/reward entry on confirmation of the pattern's completion.
Risk Management:
A daily close above the right shoulder (~$148) would invalidate the pattern and warrant a reevaluation of the setup.
MSTR - Inverse H&S Pattern with Clear Breakout TargetThis is an Inverse Head and Shoulders pattern on MSTR 1-hour
Risk/Reward Analysis:
Entry Price: $440
Stop Loss: $400
Target Price: $520
Risk/Reward Ratio: 1R:2R
Details
Clear neckline breakout level around $440
Downside risk zone marked in red (-$40 from entry)
Upside potential marked in green (+$80 from entry)
The setup presents a favorable technical structure with a strong risk-reward ratio above 1:2.