Bitcoin After the Rally โ Is a Bigger Drop Loading?Last week, as investor optimism rose, especially alongside the stock market and the S&P 500 ( FX:SPX500 ), Bitcoin ( BINANCE:BTCUSDT ) didnโt miss out on the rally, reaching around $78,600. However, over the weekend, Bitcoin began to decline. One reason is the possibility of renewed military tensions between Iran and the U.S. in the Middle East, which brought more fear into the crypto market.
Additionally, since my analysis of the S&P 500 suggests a bearish outlook, Bitcoin may continue it
Head and Shoulders
USDINR: The Blow-off Top? Reversal Targets suggest 90.00 ...can be met where it might stall out, before even further Indian rupee strength into the second half of the year.
The Vision
After an aggressive rally fueled by geopolitical tension and oil volatility, USDINR appears to have found a definitive ceiling at the 95.22 mark. The price action is now showing clear signs of exhaustion, breaking below the immediate support of 93.75 and heading toward a potential structural shift. With the RBI intensifying its intervention to curb speculation, the path of
DXY v's Brazil Russia India China B.R.I.C. CurrenciesNote how the two large pattern #HVF's kept you dollar long as the main directional trade from 2011 to 2022
But things may be turning around and this trade may, potentially be reversing.
Often when commentators have given up on the idea
of a multi polar world, end of dollar dominance , as price keep going the opposite direction.
Is when the trade actually starts to kick into gear.
These are major resource nations , with 40% of global pop.
30% of the land
and well over a 1/4 of global GDP
GBPJPY (1H) Looks Heavy โ Sellers Stepping In?A clean Head & Shoulders pattern is forming after an extended bullish move, suggesting a potential trend reversal.
Price is sitting around the neckline support
Structure has shifted to lower highs, showing growing bearish pressure
๐ป Bias: Bearish
Entry: Break & close below neckline
Targets: 214.30 โ 213.70
Stop Loss: Above right shoulder
โ Invalidation:
Strong breakout above the right shoulder high
๐ฌ My Take:
Market looks like it's losing bullish momentum, and sellers are slowly taking contro
USD/CHF: Strong Bearish PatternIt appears there is a significant likelihood that the ๐USDCHF pair will continue declining
This assessment is based on the formation of a head and shoulders pattern, which has emerged following a test of a crucial resistance level.
The subsequent breakout below its neckline further confirmed this bearish outlook.
Our target for this movement is 0.7810.
NVDA - 9 months HEAD & SHOULDERS FAILUREโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
๐คLetโs learn and grow together ๐ค
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Hello Traders โ
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- sin
ANTHEM - 5 months HEAD & SHOULDERSโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
๐คLetโs learn and grow together ๐ค
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Hello Traders โ
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- sin
WMT Inverse Head & Shoulders Breakout....Classic Reversal Setup Walmart ( NASDAQ:WMT ) is completing a textbook Inverse Head & Shoulders pattern on the daily chart โ one of the most reliable bullish reversal patterns:
Left Shoulder: ~$122โ$124
Head: ~$118โ$119 (April low)
Right Shoulder: ~$122โ$124
Neckline: ~$128โ$129 (clear horizontal resistance)
Price has now broken and closed above the neckline with solid volume โ confirmation of the reversal.
Measured Move Target:
Add the depth of the pattern (~$8โ$9) to the breakout point โ $134โ$136 initial target.
USOIL may continue to fluctuate within the 95-85 range.USOIL is currently trading in a narrow range between 90 and 93, but it is relatively weak. The easing of tensions between the US and Iran has reduced market concerns about disruptions to the crude oil supply chain, limiting the potential for a significant rise in crude oil prices; however, the arrival of the peak season for crude oil demand has provided substantial support for the price of USOIL.
From a technical perspective, USOIL is currently under pressure due to the technical head and shoul
AUDJPY - ANOTHER BULLISH MOVEHello traders,
previously, AUDJPY formed an inverted Head and Shoulders pattern.
Currently, the price has broken the resistance level (111.340 โ 111.570),
which now acts as a new support zone.
Based on this breakout, I expect a bullish continuation.
๐ฏ TARGET: 113.620
S&P500 INDEX (US500): Too Overbought?
Looks like S&P500 will correct after a test of a key daily resistance.
A head & shoulders pattern on an hourly time frame and a violation
of its horizontal neckline indicate a strong selling pressure.
Goal - 6940
โค๏ธPlease, support my work with like, thank you!โค๏ธ
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
BITCOIN (BTC/USD): Time for Pullback, Sell?As you can see, ๐BITCOIN surged and reached a key daily resistance.
After the test of the underlined blue structure, the market started to consolidate
and formed a head and shoulders pattern on an hourly time frame.
Bearish breakout of its neckline is a strong bearish signal.
It indicates that the market may retrace from the resistance.
Goals: 73,097 - 72,455
EUR/GBP - LongThe head and shoulders has been created twice on the 4H and lower high and lower lows have been forming since the push to the top. If I can get a retracement to the PS level. And see a rejection candle or evening star candle stick pattern I would enter a short position this may be ready in Asia or Pre london tomorrow
XAUUSD Short Setup โ Rejection from Supply ZoneGold is currently trading near a strong resistance zone around 4765โ4785, where price has shown multiple rejections in the past. The market structure indicates a potential bearish continuation after failing to break higher.
๐ Market Analysis:
Clear rejection from a supply zone on the higher timeframe
Price previously moved in a range, then broke out and is now retesting
Weak bullish momentum near resistance suggests possible reversal
Formation of lower highs on lower timeframe
๐ฏ Trade Plan:
TSLA - ELONG or ESHORT ? Why Wyckoff ISN'T WORKINGTESLA on the multi month view gives an interesting perspective.
If we consider the WyckoffMethod, it tells us that investors are always accumulating, swinging, selling, repeat.
Wyckoff Method says:
It goes into a hec of a lot detail which I will not cover for the simple reason that, it's likely we're not seeing the same kinds of accumulation that we saw years ago. Stocks use to trade in a range, with modest growth over years. Investors like Warren Buffet and other peers really did catch th























