LINKUSDT Head and Shoulders TopShort position @ peak of right shoulder from a bearish Head and Shoulders Top formation. TP1 38.2%; TP2 14.6% Fibonacci Retracement levels.
Headandshouldersformation
LINKUSDT PULLBACK TO NECKLINEThe price action presents a Butterfly Harmonic in process, in pullback to neckline of the Head and Shoulders formation. This micro consolidation seems to be forming a descending broadening wedge before the potential swing downward to complete the 2nd phase of the CB leg down. 14.6% of Fibonacci retracement target.
Bearish head&shoulder in IEX short it Short IEX bearish head&shoulder has been made in this chart sell it out or short it's future.
Sell IEX at below 150
Target 145 138 128
Sl 155
Short it don't need to buy it
LINKUSDT 2-top, H&S, Butterfly; pullback to necklineLINKUSDT 2-top, H&S, Butterfly; pullback to neckline
After a retrace from the Stocks Market, LINKUSDT presents a perfect price action in bearish confluences after exit of a ascendent broadening bottom. We can see a Head and Shoulders in process now, exactly pull-backing to neckline, in a potential Double Top pattern. The prior swing before this pullback fitted 50% of a potential CD-leg of a Butterfly Harmonic Pattern. We can expect a 2nd downward from the neckline which is the weekly volume point of control (POC), strong resistance. A 1st short-term-target has been applied on an AB=CD projection. The 14.6% Fib level is my key level to put targets. Plus hidden bearish divergences on 1H chart w/ Ehlers Stochastic, Awesome Oscillator and Chaikin Money Flow. Definitely bearish.
MRNAHead and shoulders on Moderna stock. Biden over the weekend stated the pandemic is over based off headline news.. Just a matter of time until the stock is worth about 40-70$.. been waiting on this.
This company was worth decimals before the pandemic lol.
Successful Inverted H&S Pattern Displaying the features of a inverted H&S pattern
The best chance of catching a bull run is on the right arm
Formation of a massive bearish Head and Shoulders pattern on EthTitle says it all.
Since Bitcoin's price didn't hold at demand (check linked chart for reference), the market now has a bearish sentiment.
We most probably would see a slide down further in prices.
APE COIN GOING TO ESTABLISH NEW LOWSimple head an shoulders on the daily with volume decreasing.
I've been watching APE since the token was released and it really looks like it's about to dump again.
If it breaks through the floor of 3.06 there is no telling how far it could drop watch that level.
Full Disclosure: I m completely out of APE and nd waiting for an established bottom.
Not Financial Advice
Crab Harmonic and Head and ShouldersA bearish Crab Harmonic and a Head and Shoulders. These are actuallythe most reliable chart patterns playing out. Some swing traders seriously considering a double top from Alt-Time-High but before this we have an imponent H&S that became valid from the fulfillment of your pullback to the neckline and really more reliable. So, I'm targeting a reliable level at 14.6% of the Fibonacci retracement. As we can see on this daily chart I'm adding a confluent projection from the prior bearish CRAB Harmonic. This extension of Fibonacci ratio is in fact 1.278 wich is the square root of 1.618 from a AB=CD pattern.
AIRBNB - Inverted Head & ShouldersMeasured move IF the inverted head & shoulders does in fact play out...
All going to depends on general market sentiment going forward here otherwise we go visit the lows again
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
GME How Much Upside?NYSE:GME
GME has made a recent move; is there any more left?
On the one hour chart with the volume profile overlaid.
the head and shoulders pattern of late May to late June
may be providing resistance as does the POC of the
volume profile in the same price zone.
I conclude that GME has perhaps 15% upside and is
not setting up a parabolic move or anything of the sort.
EURCAD ThesisEURCAD thesis: a head and shoulder pattern has been formed, can we expect this pair to move lower? What is your thought on this pair?
USDSGD HEAD AND SHOULDER PATTERN - SHORT SWINGWe are looking at a possible reversal. Head and Shoulder Pattern with a 88.6% deep Fib Retracement. Looking to Take Profits and trade all the way to 1.18 Fib Projection.
IVZ - Right ShoulderInverted H&S pattern
The right shoulder arm is yet to form, this is when we can expect bullish results on this Weekly timeframe
It may even escape this huge horizontal range shown with the horizontal line
Very bullish pattern
DBI - Twin Inverted H&S Two inverted H&S patterns
Both aligned along a common bottom, forming a double bottom
The right shoulder arm of the second twin Inverse H&S is yet to form
This is when bull action will be seen, as compared with the first twin H&S
Head & shoulder (ETHUSD)In my opinion, a good opportunity to sell Ethereum has emerged and a head and shoulder can be seen in the daily and four-hour time frames.
In my opinion, pullback has not been fully formed yet, so wait for confirmation.
Don't forget capital management and stop loss.
Ethereum Bears puttin' work 🐻ETH on the 4h starting to put work in on the right shoulder of a Head and Shoulders pattern.
With a breakdown of the neckline target would be 1.1k-1.2k
The head and shoulders patterns are statistically one the most accurate of the price action patterns, reaching their projected target almost 85% of the time once break out is confirmed.
It would take an extra 1% but given previous wicks into the Demand Zone I would wait for body confirmation below below the demand zone to help eliminate extra fake outs.
I moved a projected entry to 1530 but where you enter and place stop loss would be determined by your own risk.
Typical stop loss options:
1. Break above right shoulder
2. Above most recent swing high
3. 3% above neckline.
Safe trading and leave your thoughts/pointers in the comments 👇🏻👇🏻👇🏻
$SQ potential head & shoulder patterAsymmetrical H&S pattern on $SQ. Breakdown of the neckline confirmed Potential targets of selloff around $66-$61-$56. Head and shoulder patterns have some of the highest success rates. I will wait for a pullback towards the neckline and potentially short there.
EUR/AUD for long (hourly tf)
Hello traders, here we have an inverted head and shoulders pattern on the hourly eur/aud chart. We also have the 1st higher high, so it's time to look for an opportunity for long positions. My preferred scenario is for the price to fall into the harmonic area (with the left shoulder) and if that happens, I'm in. Of course, if you see bleeding in price and the downward movement (which should be a retracement) accelerates down, then wait for other confirmations. But for now we have a lot - daily confirmation, Macd bullish divergence (1 hour) and 1st higher high.
Head & Shoulders Top Formation $UTHR$UTHR has built a text book classic Head & Shoulders top. It is resting near its neckline breakdown area $213.75. Consolidation above the neckline breakdown area of $215-$220 has created a bearish looking pennant formation. All in all $UTHR looks sickly, and probably headed for lower prices. If neckline of $213.75 breaks, downside obj =$190.00
NASDAQ with a bearish head and shouldersNASDAQ currently suggests that we could be seeing strong selling and a continuation of the down-trend should be imminent from this week forward.
Looking over the statistics of 2022, whenever we had a correction, as we did for a few weeks now and finally ended in the red last Friday, the NASDAQ dropped for at least 2 weeks with strong momentum, if history is right we could see a strong bearish week this week.
CAD/CHF for longWe have the head and shoulders pattern on the 1hr TF on the cad/chf chart. This can be our guide to going long. If you look closely at the price action, you can see that we have the first higher high on the chart, as well as a breakout of the counter trend line. The weekly candle also suggests bullish momentum, but the daily candle suggests indecision, so maybe we could get some deeper retracement (maybe to the harmonic price with the right shoulder), but as you know, the market can do what it wants, so the bulls can start immediately dominate the market. Anything can happen, so managing your risk properly, that is the key.
