Nasdaq Head and Shoulders with EVENING STAR IT'S OVER📋 NQ TRADE PLAN — TUE MAY 12, 2026
Current: 29,290 (London KZ, post-overnight bear thrust)
24h Range: 29,227 ↔ 29,479 (252pt — wide)
Bias going in: BEARISH structural, bull bounces tradeable
🗺️ KEY LEVELS
Zone Price Type
Strong resistance 29,500 Round number
Resistance 29,479-80 Yesterday RTH BSL (4× rejected)
Resistance 29,455 ETH bounce high
Pivot 29,400-410 OB / failed RTH pivot
Major flip 29,377 Yesterday RTH SSL → now resistance
Mid 29,300 Round / current chop center
Local low 29,271-79 Pr
Head and Shoulders
USDCHF has formed a Head and Shoulders Bottom patternOn the 4-hour chart, USD/CHF has formed a potential Head and Shoulders Bottom pattern. Attention is currently focused on the resistance level near 0.7810; a breakout above this level would signal further upside, with the next resistance found near 0.7850.
Reversal in Narayana Inv Head & ShoulderWe can see a textbook inv head and shoulder pattern forming in Narayana Hrudayalaya.
First Targets are the recent resistance as marked on the chart.
Sometimes if the stock is not in reversal it can go in side range bound. So SL usually is below right shoulder.
Healthcare index has shown breakout probability of this setup increases.
ABDLAllied Blenders & Distillers Ltd. (CMP ₹594, NSE: ABDL)
Prepared by Sucrit Patil | The SmartWay Research Desk | 9 May 2026
A Mumbai‑based Indian‑made foreign liquor (IMFL) company, incorporated in 1988. ABDL is India’s third‑largest spirits company, best known for its flagship brand Officer’s Choice whisky, one of the world’s largest selling whiskies. The company also markets premium brands such as Sterling Reserve, ICONiQ White, Kyron Brandy, Jolly Roger Rum, and Zoya Gin.
Promoter Holding (M
EURUSD: Inverse Head & Shoulders Signals Growth Toward 1.1810Hello everyone, here is my breakdown of the current EURUSD setup.
Market Analysis
EURUSD previously traded within a downward channel, confirming bearish momentum. After reaching the lower boundary of the structure, price formed a reversal and broke above the channel resistance, signaling the beginning of a bullish recovery.
Currently, EURUSD is holding above the 1.1720 support zone while trading near the 1.1810 resistance area. Price also formed an inverse head and shoulders pattern near sup
Recognizing Head and Shoulders Structure on the 4H TimeframeIn hindsight, it is easy to spot chart patterns. However, these setups can still be traded effectively if you recognize them in real time while monitoring your pairs. Another approach is to build a system around head and shoulders patterns and set price alerts to help capture these moves.
In this example, I identified a head and shoulders pattern on the 4H timeframe, then dropped to a lower timeframe to execute the trade based on predefined system rules.
Example system rules:
1. Wait for a ca
INV. HEAD AND SHOULDER IN CHEMFAB--EDUCATIONAL PURPOSEStock is corrected from 1228 to 290 (oct 2024 to March 2026) (-76% correction in 18 months). After that stock showed upwards movement with sharp rise this week.
Now INVERTED HEAD AND SHOULDER PATTERN is formed . Its a reversal pattern. Also Higher high higher low is noticed which indicates uptrend. Now stock can continue its rally and could be extended up to 800-850 which was previous resistance zone. Long positions can be initiated after correction till 430
TARGET : 800 (86%)
STOP LOSS : 375
BULLISH VIEW IN SUBEX -- EDUCATIONAL PURPOSEStock has corrected from 72.20 to 6.61 (-91% ) from July 2021 to March 2026 ( Almost 5 years correction)
now stock has formed INVERTED HEAD AND SHOULDER pattern which is a reversal pattern and bounce from Weekly Demand zone adds strength to it. Also Higher high higher low formation is seen which indicated uptrend. This could be onset of uptrend and stock can give multibagger returns from here.
One negative aspect is the down slanting trendline which may offer resistance and can drag the stock d
INV. HEAD AND SHOULDER--SONATA--EDUCATIONAL PURPOSE
Stock crashed from 846 to 207 from Feb 2024 to Mar 2026 (Almost 75% correction in 2 years) and reached its previous weekly demand zone. Sharp upward movement is seen from demand zone. After consolidation of 2 weeks stock has continued its upward movement. It has formed INVERTED HEAD AND SHOULDER pattern and bounce from Weekly DZ adds to its strength.
One cons is that there is down slanting trend line which may resist the upward movement and can drag down the stock. Looking at this hurdle strict
EURUSD: Rejection from Resistance Targets Lower Support LevelsHello everyone, here is my breakdown of the current EURUSD setup.
Market Analysis
EURUSD previously traded inside a downward channel, confirming bearish momentum. After breaking lower, price formed a range near support and later reversed through an inverse head and shoulders pattern, triggering a short-term recovery.
Currently, price is trading below the 1.1750 resistance zone inside a new descending channel, while holding above the 1.1630 support zone. Recent rejection from resistance confi
Possible H&S bitcoin fractalCOINBASE:BTCUSD You can see it made a head and shoulders to get us to where we are now about but it looks like da bullz are not giving up easy and so if its gona go lower it could retest 80.7k to make the right shoulder and then go down to 77k which is about where the lower band of the bull market support band is currently at. Me thinky 81.7k should be SL incase we get mega regarded buying and shoom up to 83k. Enter short now and double down if it prints that 80.7k and get out if it goes up to
HYPE - Medium Term SHORTHype is falling out of a rising wedge, and has developed a head and shoulders at the top of its advance.
There is clear bearish divergence on the daily RSI.
I personally shorted in this current area.
Take profit 1: $32.50-30.00
Take profit 2: $27.00-$24.23
Take profit 3: $21.50-$18.50
Please always use a stop/loss, and of course this isn't financial advice : )
Thank you!
EURUSD Long: Bullish Structure in Play - Buyers Target 1.1830Hello traders! Here’s my technical outlook based on the current EURUSD (4H) chart structure. EURUSD previously traded within a range before breaking below the demand zone. After forming a bottom at a pivot point, price reversed and developed an inverse head and shoulders pattern, signaling a shift toward bullish momentum.
Currently, EURUSD is trading above the 1.1740 demand zone, which now acts as support, while approaching the 1.1830 supply zone. Price is also moving within an ascending channe
liciAs of May 7, 2026, LICI Futures (May 2026 contract) are trading around ₹813, showing a consolidation phase. A cup and handle pattern, if confirmed on the hourly chart, suggests a bullish breakout potential.
Technical Outlook -
LICI Futures (May 2026) Current Price: Approximately ₹806 - ₹811Pattern: Potential Cup and Handle on hourly timeframe.
Target Price: ₹860 (Based on your query, aligning with recent technical analysis suggesting a move toward ₹900-1000 if 800-830 holds).
Stop Loss (SL):
DLFBased on my technical analysis of the DLF Futures (May 2026 expiry) hourly chart as of early May 2026, the stock has shown potential bullish reversal patterns.
Technical Setup Summary Pattern:
Inverted Head and Shoulders (Hourly Chart) - Indicates a potential shift from a short-term downtrend to an uptrend. Entry/Current Price: Trading around ₹587 - ₹607 as of May 6-7, 2026.
Target Price: ₹670, with further technical resistance levels observed around ₹624 - ₹695 in certain analysis scenarios
AUDUSD: Bullish Continuation 🇦🇺🇺🇸
AUDUSD will likely continue rising after a confirmed
breakout of a key daily/intraday horizontal resistance.
Retesting the broken structure, the price formed an inverted
head and shoulders pattern on that.
I expect a bullish continuation to 0.7276
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bharatforgeBharat Forge is currently in high focus as it reports its Q4 2026 results today, 7 May 2026. The stock's tendency to form inverted head and shoulders patterns on short-term charts, suggesting a potential shift in trend when backed by healthy volumes.
Current Price (CMP): The stock was last trading around ₹1,869–₹1,873.Stop Loss (₹1,845): This level aligns closely with immediate support zones identified by technical platforms.
Target (₹1,950): This target is just slightly above the stock's 52-we
SAZEW
SAZEW Trade Plan on Chart But read disclaimer below Market Disclaimer & Trade Plan
Geopolitical News Dependent Trade
Trade Highly Sensitive to News Flow
* Always use proper stop loss and risk management for traders. For investors Make sure you invested money for long term.
* If you are looking for long-term holding and missed the lower levels, the mentioned zones can be considered for gradual accumulation.
* Market direction is currently highly dependent on US–Iran war developments and possible
stans_booth“Bid vs Ask Battle Order Flow Reversal🦶 Footprint Chart — Simple but Powerful Explanation
A footprint chart (also called order flow chart) shows what’s happening inside each candle — not just price, but who is buying and selling, how aggressively, and where the real battles happen.
🔍 What You’re Seeing in Your Image
Each candle is broken into price levels, and at every level you see two numbers:
Left side (Red) → Market SELL orders (aggressive sellers hitting bids)
Right side (Green) → Market BUY orders (aggressive buyers hittin























