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Head and Shoulders

Sunteck-A potential rally pending in this realty stockWe have seen a massive bull run in most of Realty stocks like DLF, Oberoi, Godrejprop, etc. However, suntech has been consolidating in an inverted head and shoulders pattern for last few years. This is mainly due to poor sales numbers shown by the stock in past. 530-550 is a strong supply zone for the stock. Once we see a monthly closing above this, we can see massive upmove in the stock. Also, Q4 2024 results are amazing which can fuel the rally. Keep in watchlist. Not a recommendation.
NSE:SUNTECKLong
by chartistamey
2
NO MATTER WHO WINS. F&O STOCK WILL WIN.General elections in India are going on and they are expected to be the WORLD's COSTLIEST elections. DMK, a closely related political party to NSE:SUNTV is among the top spenders on Google Ads despite being limited to one state. Expecting a huge ad spend by parties on Sun TV channels across South India. Stock is ready for inverted H&S breakout. Results will be posted on 24th May and I think breakout may happen around that time. So this week will be exciting for this.
NSE:SUNTVLong
by Abhyuday01
Will #COTIUSDT Bounce Back? Critical Demand Zone Alert!Yello! Is #COTIUSDT poised for a bullish breakout? It's sitting on a crucial demand area, which could ignite a significant upward move. 📈 But before we get too excited, let's look at the key confirmations needed. 💎For a bullish market structure on the lower timeframes, we need to see an Internal Change of Character (I-CHoCH) and an Internal Break of Structure (I-BOS). Watch for these signals closely. 💎If #COTIUSDT forms an inverse head and shoulders or a "W" pattern, it could further boost the likelihood of a bullish move. Stay alert and monitor these formations. 💎This idea goes against the short-term trend, so proceed with caution and use a small quantity. If the price closes below the demand zone, our bullish hypothesis will be invalidated. Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. Stay disciplined and patient, Paradisers. This is the only way you will make it far in your crypto trading journey. Be a PRO. 💰 MyCryptoParadise iFeel the success🌴
by MyCryptoParadise_Nathan
VOXELUSDT: Inverse Head & Shoulders Near Key Resistance!💎 Paradisers, #VOXELUSDT has formed an inverse head and shoulders pattern and displayed a Change of Character (CHoCH), increasing the probability of a reversal. 💎 #VOXEL has broken out above the resistance zone but failed to close a candle above it, indicating that while the price has taken the liquidity, we now need confirmation of the bullish move. This can be expected if the price closes a candle above the resistance zone. 💎 In the case of a pullback, we can expect a bounce from the Fair Value Gap (FVG) and bullish Order Block (OB), but for confirmation, we need an Internal Change of Character (I-CHoCH) in the lower timeframes. 💎 However, if the price closes a candle below the bullish OB and right shoulder, it will invalidate the inverse head and shoulders pattern. In that case, it would be better to wait for more favorable price action to develop. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise_Nathan
TON is tuning up for a potentially bullish performance! 🎶💎 Paradisers, #TON has shown a Change of Character (CHoCH) and formed an inverse head and shoulders pattern, increasing the likelihood of a bullish move. 💎 If #TONUSDT breaks above the resistance zone, we can set our sights on targets up to the next resistance levels. 💎 In the case of a pullback, we can expect a bounce from the Breaker Block (With FIB 0.618 level), but we need to be cautious here and consider other market activities and trends. 💎 However, if the price drops below the Breaker Block, it will invalidate the bullish signals and the inverse head and shoulders pattern. In that case, it would be better to wait for more favorable price action to develop.
by MyCryptoParadise_Nathan
XMRUSDT: Forms Inverse Head and Shoulders!🚀💎 Paradisers, #XMR has broken out of the resistive trendline and formed an inverse head and shoulders pattern, increasing the likelihood of a bullish move. 💎 If #XMRUSDT breaks above the resistance zone, it will validate the inverse head and shoulders pattern, potentially leading to a bullish move. 💎 In the case of a pullback, we can expect a bounce from the demand zone, but it would be prudent to look for a Change of Character (CHoCH) in lower timeframes towards a bullish market structure. 💎 However, if the price breaks down below the demand zone, it will invalidate all the bullish signs. In that case, it would be better to wait for more favorable price action to develop.
by MyCryptoParadise_Nathan
ARUSDT: Inverse Head & Shoulders in Play!💎 Paradisers, after taking the liquidity sweep, #ARUSDT has shown an Internal Change of Character (I-CHoCH) and Internal Break of Structure (I-BOS), followed by forming an inverse head and shoulders pattern. 💎 The price has also shown inducement. If it moves from here and closes a candle above the resistance zone, this will increase the probability of a bullish move. 💎 In the case of a pullback, we can expect a bounce from the demand zone. 💎 However, remember that if the price closes a candle below the demand and right shoulders, it will invalidate the entire pattern. In such a scenario, it would be prudent to reassess and wait for more favorable price action. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise_Nathan
ARUSDT: Get ready for a potential bullish surge🚀💎 Paradisers, #AR has taken the liquidity of traders who acted on the M-pattern breakdown, but now that the price has shown a Change of Character (CHoCH) and formed an inverse head and shoulders pattern, we can anticipate a bullish move. 💎 If the price breaks above the resistance level, we can target the next resistance levels. 💎 In the event of a pullback, we can expect a bounce from the small support level. 💎 However, if the price breaks down below the small support, it will invalidate the bullish structure. In that case, it would be better to ignore it and wait for better price action to develop.
by MyCryptoParadise_Nathan