Heidelbergcement's future not looking good amid a raising interest rates environment for real estate promoters. Technical analysis: Bearish A Head and Shoulders pattern could be underway since Sep 2022 and once the stock has reached a double ceiling level at 77.50€. Besides, a Dark Cloud cover was formed on Friday 29th of September in the right shoulder and...
Here's what I'm looking at. I still think $4100 is on the table for a bottom. Reason being, there's multiple levels of confluence there. 1) If you take the AVWAP from the Jan 2022 highs, it comes to around $4100 2) It's a horizontal level 3) It's roughly the measured objective of the Head and Shoulders break down 4) It's also coming in around the 0.618 fib...
SOXS the 3x Inverse ETF for Semiconductors, has broken out of a Bullish Head and Shoulders and now sits at the 89EMA. If things go as expected, SOXS should be clear to at least give us a 60-150% rally. At the same time, we also have a Bearish AB=CD on AVGO and what looks to simply be filling of a gap it made at $830 after breaking below its own slanted Bearish...
Time Frame: - Weekly & Daily for analysis - 4 Hour for execution Trend: Currently in a LTF uptrend within a HTF pullback - Weekly = Down - Daily = Up This one is fairly simple and straight forward but what makes it such a good opportunity is its’ potential of being the reversal pattern in a massive trend reversal. As I mentioned in more detail in my last...
Apple has been trading in a box and now a Head and Shoulders pattern has developed. To avoid further downfall, we need to close about 180. If we close below 174, the bearish Head and Shoulders pattern will be complete and we will trade lower. +180 go long Sub 174 go short
Hewlett-Packard, after making five macro waves up, has formed a Bearish Structure that can only be described as being a hybrid between a Diamond and a Head and Shoulders pattern, and along with that, it is also a combination of a Bearish Dragon and Bearish BAMM. All of this is happening after HPQ faced rejection off of the PCZ of a Bearish Crab going into its 5th...
Today, GBP is bearish due to it's news perform L.H and LL last few days. We should wait for a good entry point after the market is exhausted. Another important factor to consider is the CPI for USD, which will also impact the market. Next Liq Zone. 1.23952 Price create this level as support 05 to 07 June. Price test this support to move further upside. Price...
After bouncing off the bottom support, Bitcoin seems to have regained short-term bullish momentum. In this analysis I want to discuss the potential H&S pattern that BTC is forming in the near term. My longer-term view is still bearish, but that doesn't mean we can't get a bounce here and there. In my eyes, there is a potential for BTC to move further up. The odds...
Time Frame: - 4HR analysis - 15min Confirmation for Entry As mentioned in my previous post titled “Clear Head and Shoulders Long or Short term play”, we were waiting for an entry signal into our H&S trade. This signal could come in many ways but in my strategy, once a larger time frame (2Hr-1day) supply zone is hit, I then turn to the lower time frame and wait...
We have a retest of the left shoulder. Using Fibonacci to get a targeted entry for the sell. Will scalp lower timeframes 5-15M. Looking for price to reenter the .618 level before looking for sells. This is more of a long-term play. Be caution here. The purpose of these posts are for educational purposes only. Nothing associated with this profile or post should...
XMR appears to have formed a clear inverse head & shoulders pattern, which is the direct opposite of a normal H&S pattern. Classically, this pattern appears at important areas of trend-reversal. I'm going to wait for the neckline to break. Once the price has closed above the neckline, it will be my entry signal. Stop below the right shoulder, target at the 2023...
China's Economy is dangerously on the ropes...things have gotten so bad, CCP had to make an announcement on a Sunday night (AEST/UC+10) that they're going to intervene in their domestic market with a raft of "measures" in hopes of boosting market confidence: - Halve stamp duty on stock trading - Tighten pace of IPO listings - Cut margin financing requirements -...
GBPUSD have been ascending to the upside in 4H time frame taking the resent high as liquidity in to the supply zone (sell zone), regretless, the supply zone still holds since the daily time frame is bearish i am expecting a shift to the down side to take out the recent low at 1.27037 or the next at 1.26866 my expected target is 1.26624
Today, Netflix's (NFLX) price plunged below the Head & Shoulders neckline, with a pronounced downward move. This breach substantially elevates the likelihood of an extended bearish phase, potentially materializing as a significant sell-off leading into the forthcoming fall season. Projections indicate a retracement towards the 0.5 Fib Extension level, where the...
Today, Netflix's (NFLX) price plunged below the Head & Shoulders neckline, with a pronounced downward move. This breach substantially elevates the likelihood of an extended bearish phase, potentially materializing as a significant sell-off leading into the forthcoming fall season. Projections indicate a retracement towards the 0.5 Fib Extension level, where the...
If you enjoy this analysis, please like and follow. Just like BTC, ETH has been trading relatively bullish since 2023. However, ETH failed to make new highs in July, unlike BTC, which makes is arguably a lot weaker. With ETH being the king of the alts, this bearish pattern might signal more pain coming for the altcoins. I'm anticipating a move towards the...
The precious metal appeared to find strong support, hovering above the crucial $1,930.00 level for most of Wednesday and Thursday. However, things took a thrilling turn after the Non-Farm Payroll data release, as Gold broke out of the $1,993.8 level, setting the stage for a potential reversal ahead. The US Dollar is currently facing headwinds, thanks to a...
I see a Inverted Head and Shoulder pattern on 4 hr Tf this led me to believe i have a bullish opportunity. Further analysis i see a falling resistance that has potential of being broken out of depending on the momentum the candle posses at this time. Going on Daily TF i see this same type of trend line broken from momentum and i have concluded there is definitely...