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Head and Shoulders

INJ/USDT : Trend Reversal in the Making? Don't Miss This!💎 Paradisers, let's turn our attention to INJ/USDT. On the Daily chart, it's carving out a head and shoulder pattern, signaling a potential trend reversal. Notably, the right shoulder is smaller than its left shoulder, indicating a shift towards forming lower highs. 💎 If INJ/USDT slide below the demand mark of 7.490, it would pave the way for a series of lower lows. This movement could amplify confidence in a bearish direction, potentially steering the price towards demand zones at 6.829, 6.201, and 5.681. However, if the price ascends beyond the right shoulder's peak at 8.378, this pattern might lose its validity. Trade carefully and stay sharp, ParadiseSquad!
Short
by MyCryptoParadise_Nathan
1
Union Bank - Bullish Signal with Inverted Head and Shoulders PatStock Name: Union Bank View: Bullish Analysis : Union Bank's price action suggests a potential bullish scenario based on the following technical factors: 1 - Inverted Head and Shoulders Pattern: On the daily time frame, Union Bank is forming an inverted head and shoulders pattern, which is a classic reversal pattern. This pattern typically indicates a potential upward move after a downtrend or consolidation. 2 - Continuation Pattern: The inverted head and shoulders pattern is occurring within the context of a primary uptrend, indicating that this pattern might act as a continuation pattern, further supporting the bullish view. 3 - Weekly Consolidation: The stock is currently consolidating on the weekly time frame after a previous upward movement. This consolidation phase could be a sign of temporary price stability before another potential leg up. 4 - Market Context: CNXPSUBANK is undergoing a multi-year consolidation, which, when broken, could have a positive impact on Union Bank's performance, potentially fueling a significant rally. Trade Plan: Based on the analysis, here is a potential trade plan: Entry : Consider entering a long position if Union Bank's price breaks above the horizontal resistance level ranging from 92.3 to 93. Stop Loss (SL) : Place a stop loss order just below the recent swing low at 89. This offers a risk management strategy to limit potential losses. SL Percentage : The stop loss represents a 3.5% decline from the entry point, providing a buffer against potential market volatility. Position Sizing : For risk management, allocate a position size that corresponds to a 1% risk of your total capital. This could amount to approximately 28% of your total capital. Max Position Size : However, it's advisable to cap the maximum position size at 25% of your total capital. This adjustment not only aligns with prudent risk management practices but also helps reduce the overall risk exposure. Disclaimer : Trading and investing in the stock market carry inherent risks. This analysis is for informational purposes only and should not be considered financial advice. Prior to making any trading or investment decisions, it is recommended to conduct thorough research and consult with a certified financial advisor. Please note that the stock market's unpredictability and past performance not indicating future results emphasize its inherent uncertainty. Trading entails substantial risk, including potential capital loss. This analysis focuses exclusively on technical factors and does not account for fundamental or external market influences. Prior to making any trading decisions, conducting thorough research and seeking advice from qualified financial professionals is advised. Remember, your decisions solely bear consequences, and you are fully accountable for your trading outcomes. Approach decisions with caution and thorough consideration. This analysis and disclaimer are furnished solely for educational and informational purposes. It must not be construed as financial advice. Trading encompasses risks, and it is imperative to comprehensively comprehend these risks before making any trading determinations. #StockAnalysis #TechnicalAnalysis #TradingIdeas #BullishSignal #InvertedHeadAndShoulders #MarketAnalysis #FinancialMarkets #TradingOpportunity #InvestmentStrategy #RiskManagement #TradingViewAnalysis
NSE:UNIONBANKLong
by Triyambak_CA
Banknifty Banknifty . ( Not for "Amature traders" ) Enter after " Breakout and Retracement ". . . For " long " entry: 44530 / 45120 target: 45030 - 45250 - 45760 stoploss: 44500 / 44980 . . For " Short" entry: 44480 target: 44250, 44030 stoploss: 44580 . Enter only if market Breaks "Yellow box" mentioned. . Wait for proper reversal and conformation. . Don't make complicated trade set-up.📈📉 Keep it " Simple, Focus on Consistency " 💹. Refer our old ideas for accuracy rate🧑‍💻. Valuable comments are welcomed-✌️ . Refer old ideas attached below.
NSE:BANKNIFTY
by TheNuraTrading
Explosive Head and Shoulder Pattern Forming On SHIB/USDT💎Paradisers, turn your attention to SHIB/USDT. The 1-hour chart shows a head and shoulder pattern forming. After achieving higher highs, the price began to carve out lower lows, laying the foundation for this pattern. If it drops below the neckline and the important demand area at 0.00000931, it would validate the lower low trajectory. We might then see a move down to the next demand area near the 200 EMA at 0.00000907. 💎 If the price breaks above 0.00000975 the right shoulder, It could invalidate this pattern. 💎This 200 EMA could act as a gravitational pull, might attract the bears. Stay alert and plan your strategies carefully, ParadiseSquad!
Short
by MyCryptoParadise_Nathan
FLOKI/USDT's Hourly Head and Shoulder Pattern Sparks Excitement!💎Hey Paradisers, let's focus on FLOKI/USDT. Looking at the 1-hour chart, we can see a head and shoulder pattern forming, with a notable emphasis around the 200 EMA. The right shoulder appears smaller than the left, suggesting the bears are in control. 💎There's a chance the price might drop below the demand zone and the pattern's neckline at 0.00002210, possibly leading to a bearish movement. What's on our radar? The price could potentially decline towards the demand zones, with the first target at 0.00002912 and a deeper target at 0.00002177. However, if the price surges above the right shoulder, it could disrupt this pattern. Stay tuned, Paradisers, for more updates and happy trading!
Short
by MyCryptoParadise_Nathan
Inverse head & shoulder activated in 1 hour ?Hi All, I already posted an idea with 15 minutes. I will give reference below. If we see in 1 hour from 27 Jul this pattern is getting formed and rejected multiple times at upper trendline. If we draw inverse head & shoulder pattern touching with the trendline we can see breakout has happened already today. If this retests target is previous all time high. Always trade carefully with proper SL because it’s your hard earned money. Please note this is just my observation and purely for educational purposes only. Consult with your financial advisor before taking any trade.
NSE:NIFTYLong
by tmvinoth3
Continuation of Nifty H&S pattern breakout on 15min tfLast week I posted about a Head and Shoulder pattern formation in the Nifty chart of 15mins time frame. Amidst all the bearishness available throughout the market, this pattern had not hit its Stop Loss which is generally the low of Right Shoulder. Today's swing low narrowly escaped the right shoulder low of 19450. Now, from that low, prices have bounced by almost 170 points. See the chart post for more details. Power of sticking to 1 pattern. Go deep and not broad in stock market. You MUST be the expert in any one thing to make a killing here.
NSE:NIFTYLong
by Mayank-Pandey
NIFTY INVERSE HEAD AND SHOULDER PATTERN BREAKOUTTECHNICAL ANALYSIS - REVERSAL FROM 3OD & 50D CROSSOVER : Price has taken reversal from this crossover AT 2:30PM last friday on 5-MIN timeframe BREAKOUT FROM STRONG SUPPORT-RESISTANCE ZONE : Price has recently broken out of one powerful support-resistance zone indicating upward pressure STOCHASTIC & MACD INDICATOR : Price has become overbought in stochastic indicator & also signal line line has crossed above MACD line at an appropriate angle indicating strong upwards momentum of the price BOLLINGER SQUEEZE BREAKOUT : On top of that price has also broken out of a recent bollinger squeeze formed at around 12 pm today indicating all technical indicators support the upward push TP & SL : TP is set at 19765 SL is set at 19500
NSE:NIFTYLong
by peace_lover
banknifty bearish fiis selling but short term pull backyou can see broadening trinagle at the top, followed by three black crows that just took support on pervious highs of bank nifty , so my view is trend is bearish , better to stay in cash, markets rallied good , may be a correction will come before deepavali, after deepavali elections would be near usually fii sell before election year , and if you think simply fii are sellers means that itself is a bearish sign short term bank nifty has bullish signs in 15 min chart has an inverse head and shoulder , currently it is a pull back ,thats all so this might be a trap better stay in cash , in daily chart you can see if pull back comes it will form a head and shoulder , and if lower support breaks there will be huge fall , with common sense how much markets will go up from here and fiis are net sellers is it worth taking risk and get stuck or stay in cash disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk :)
NSE:BANKNIFTYShort
by techno_funda_guy