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Head and Shoulders

XAUUSD: Eyeing a Short Position Above 2650With market volatility now reduced after today’s decline, a short-term rebound is likely tomorrow. If gold prices reach above 2650, it could offer an optimal shorting opportunity with a target range between 2580 -2560. While it may take some time to hit this target, there’s also the possibility of a quick move down to these levels. I view this as a solid setup for a long-term trading plan, with opportunities to add smaller swing trades in between. For those interested in participating, feel free to contact me for detailed trading insights and information.
OANDA:XAUUSDShort
by Mia-Signal
Tesla The Bigger Picture. Inverse Head and Shoulders Seen.Tesla has Printed an Inverse Head and Shoulders Pattern. Is currently at the Neck Line. This Ticker is Volatile and Recent Geopolitical Issues could Invalidate the Pattern. Will require Conviction for new buyers without a reasonable Buffer. As always, please get a few outside Expert's Advice before taking Trade or Investment Decisions. Should you appreciate my Chart Studies, Smash That Rocket Boost Button. It's Just a Click away. Regards Graham.
NASDAQ:TSLALong
by hitchcoxg
Inverse H&SBroke the neckline on 20th of october on greater relative volume and has been retesting the neckline as support (or close to) on greater volume a few times since! Looking back in history we are statistically entering the most bullish week of the year... how will the statistics look this time? IMO this horse is now trotting... ready to hit the gallops! Im leaning bullish... looking at the chart pattern it is telling the tale of re-accumulation Bullcase: Inverse Head & Shoulder pattern formed with relatively decreasing volume on each low (shoulders & head) Broke the neckline on relatively greater volume, confirming the pattern Target: $210 Bearcase: Pattern is invalidated if neckline is broken to the downside on relatively greater volume and retests the neckline as resistance getting ready to break down further. Target: $125
Long
by ZeroXray404
Inverse H&SInverse Head & Shoulder printed on the daily chart. Breakout of the neckline on increasing volume. Trading halted on Nasdaq on friday 8th of november pending a T12 halt (Nasdaq requesting additional information from Cleanspark) According to sources Cleanspark has on the 31st of october 2024 filed (and got approved) an application (8-A 12(b)) to register securities, namely warrants excercisable for shares of common stock at an price of $165.24 per share with expiration date in the year 2028. this implication happened due to the merger of Cleanspark and GRIID infrastructure. 1 warrant = 960,395 shares 165.24 x 0.069593885 = $11.50 (share value when deal was completed) How this impacts the market I can only guess, but looking at the overall increasing volume and the inverse Head & Shoulders pattern I am drawing the conclusion that we are looking at accumulation and on the verge of breaking higher Bullcase: Neckline acts as support as price makes higher highs Next level of resistance at $16 (fibonacci 50% level) Target: $20 Bearcase: Neckline breaks to the downside and acts as resistance. Price breaks lower, this was a distribution area. Asset can be consciderd as weak due to being in the area under the fibonacci 50% level and as price makes lower highs it could trigger a sell of Target: $5 bearcase less likely due to the macro environment BTC making higher highs as global liquidity is on the rise
NASDAQ:CLSKLong
by ZeroXray404