Gold could accelerate to $2600 quicklyContinuation inverse H&S breakout on weekly
And supportive macro narrative after FED's indication on rate cuts
could propel GOLD to 2600
Head and Shoulders
JUNIPER HOTEL Juniper Hotel exhibiting an inverse head and shoulders pattern on the 4-hour timeframe, accompanied by a falling trendline.
BEML stock made a bearish price action if many time bounce on support currently stock trying bounce but buyer unable to push price higher side 2700 level is more important if break 2700 we can see a sharp fall
NOTE: only for educational purpose
RULE: 1: always trade with stoploss
2: decide your risk per trade and per day
3: believe to your analysis
4: stay positive and keep patience
technical analysis + money management+ physicalogy = successful trader
pls like and share
Head and Shoulders TopIt is preceded by an uptrend. The neckline being at 1544.6, breaking of which leads to follow up of pattern. On the contrary, price breaking 1584.6 will make the pattern invalid.
Nice three inside bar breakoutNifty on daily time frame had this large down candle and 3 inside bars and final breakdown from support
Are we going to see further fall?
🚀 Exciting Developments for $KSM! 💎 KSM has exhibited signs of Change of Character (CHoCH) and formed an inverse head and shoulders pattern, enhancing the likelihood of a bullish move.
💎If KSMUSDT breaks out above the resistant zone, it would confirm the inverse head and shoulders pattern, and we can anticipate targets till the next resistant levels. In the event of a pullback, a bounce from the bullish order block (OB) level can be expected.
💎However, if the price breaks down below the level of the bullish OB, which also corresponds to the right shoulder of the pattern, the validity of the pattern will be compromised.
Breakout and retest Sbi life has given a breakout from 1333 level and now is going to retest that support a strong rebound is expected
HEAD AND SHOULDERS PATTERN NECKLINE BREAKED IN HINDUSTAN PETROLHEAD AND SHOULDERS PATTERN BREAKED IN HINDUSTAN PETROL
You can see in the DAY chat Clearly showing a head and shoulders pattern
And it's entry point the neckline is also breaked
Meaning it's a goood opportunity for selling
For download side there is a good breakout occurred
It's clearly fall a lot in long-term
The target are also mentioned here
Tp 1 -382
Tp2- 320
Tp3- 264
And the entry point is. 480
Enjoy the opportunity
Stay connected
USDJPY SELLMarket going to down trend in higher time frame. In the 4h time frame market correction phase complete to moving down
OPUSDT: Watch for Neckline Retest & Bullish OB Confirmation. 💎 OPUSDT has recently broken out of an inverse head and shoulders pattern, which typically signals a bullish move.
💎Additionally, OP has displayed CHoCH (Change Of Character) & BOS (Break Of Structure), further supporting the bullish market structure.
💎Currently, the price is approaching a retest of the neckline area of the inverse head and shoulders pattern, which coincides with a strong Bullish OB (Order Block) characterized by FVG (Fair Value Gap) above it. Any formation of a bullish candle in this area would be considered confirmation of the bullish trend.
💎However, if the price breaks down below the bullish OB, it would be prudent to wait and ignore trading OP until clearer price action emerges. It's important to note that due to the overall bullish trend in the market, bearish scenarios are less likely at this time.
Dynamatic Technology Price Action.Dynamatic Technology is given breakout of inverse Head & Shoulder pattern. It may test 7800 target in 3-6 months as per chart analysis.
Tata Motors head and shoulder breakoutTata Motors inverse head and shoulder breakout on monthly tf
closing above 650 can lead to 830 and final 950+
risk reward ration will be 4.1
dc : only for educational and learning purpose
SAIL - SELL Head and shoulder pattern baseline broken SAIL has hit resistance at 150 and retraced back . It tried to hit 150 again but could not succeed. while going up and coming down, Head and Shoulder pattern is developed. Neckline was broken today. Today it has closed on 118.7. Probability of SAIL going down seems very high. My target would be 100. Appropriate entry would be at retracement till 124-126. SL would be at 131. With risk reward of 1:4, it seems a good bet. But, dont just enter. It is very volatile stock. Wait for right entry point. When it turns down from 126 level, then it could be perfect entry.
in.tradingview.com
Disclaimer: I missed entry today. I am yet to enter. I will decide when it touches 125 range.
Dont believe the head and shoulderHourly head and shoulder looking pattern are actually consoldiation phases
Pattern should form at or below the trendline
🚀 ORDI Ready to Soar! 📈 Bullish Momentum Building!
💎 ORDI has formed an inverse head and shoulders pattern, which can also be interpreted as a flag and pole formation when zooming out the chart, thus increasing the probability of a bullish move.
💎 To confirm the bullish scenario, we need to see a breakout above the resistant zone, followed by a candle closing and retest for confirmation. In case of a pullback, we can expect a bounce from the bullish OB level. After the bounce, we can set targets for the next resistant levels.
💎 However, if ORDIUSDT breaks down below the bullish OB level, it would be advisable to wait for better price action to form before making any decisions.
INVERSE HEAD AND SHOULDER PATTERN SPOTTEDPATTERN- an inverse head and shoulder pattern is formed in macrotech developers which was in formation since november 21 and now it has come to it ' s final phase and potential breakout can be given from this level
TARGET- The stock can make lifetime high and enter into new terrorities which is the 1084 levels in coming year
IOTA Bulls on the Move! 🐂 Breakout Alert 🚀💎 IOTA has recently broken out of a resistive trendline and formed an inverse head and shoulders pattern, which increases the probability of a reversal.
💎If IOTAUSDT breaks out above the resistant zone, we can anticipate targets until the next resistant levels. In the event of a pullback, we can expect a bounce from the bullish OB, but confirmation via bullish candlestick patterns is essential.
💎However, if the bullish OB breaks down, it would be prudent to withhold action on IOTA and wait for clearer price action to emerge.
ICICI Prudential Insurance Weekly Analysis Preparing InvertedICICI Prudential Insurance Weekly Analysis
Preparing Inverted head and Shoulder Pattern ( on verge of Breakout)
Buy above closing 600 above only
Target 750- 900-1000-1200-1500+
SL 450 ( Candle closing basis)
holding period 2-3 years
ALGO Breakout Alert! Bullish Momentum Detected 🚀💎ALGO has recently broken out of an inverse head and shoulders pattern, accompanied by CHoCH and BOS signals, indicating a shift towards a bullish market structure and increasing the probability of a reversal.
💎If ALGOUSDT breaks above the resistance level and neckline of the inverse head and shoulders pattern, it could suggest further upward momentum, with potential targets extending to the next resistance levels. In the event of a pullback, It will be better to look for a bounce from the bullish OB, and confirmation could be sought through bullish candlestick patterns like a bullish engulfing pattern.
💎However, in the scenario where the bullish OB is broken down, it could indicate a bearish move. Nevertheless, considering the overall bullish trend in the market, it would be prudent to wait for better price action confirmation before making any decisions, as going against the trend could entail increased risk.
ICICIPRULI - Weekly AnalysisIn the Weekly Chart of ICICIPRULI ,
we can see that, it is about to give Inverted Head & Shoulder breakout.
Also, it is looking very strong and bullish.
Let it retest the trendline.
Expected momentum is shown in chart.
GLENMARK H&S BREAKOUTGlenmark breaking h&s pattern
with good volume and rsi
#target 1200
EDUCATIONAL IDEA
XTZ Breaking Out! Bullish Momentum Building 🚀💎 XTZ has recently broken out of a resistive trendline and formed an inverse head and shoulders pattern, accompanied by CHoCH and BOS signals, indicating a shift towards a bullish market structure. These developments increase the probability of a bullish move for XTZ.
💎If XTZUSDT manages to break above the neckline and resistant levels of the inverse head and shoulders pattern, we can anticipate further upward movement towards the next resistant levels. In the event of a pullback, we can anticipate a bounce from the bullish OB area. However, it's important to confirm such moves with bullish candlestick patterns.
💎On the other hand, if the price breaks down below the bullish OB level, it would be considered bearish. In such a scenario, it would be prudent to wait for better price action confirmation before making any trading decisions.
