#Head And Shoulders

DAX creates Head and Shoulders pattern

Uncertainty strikes back and hits the markets with another bearish movement. So far trading in 2022 hasn’t been really pleasant. Markets can’t find a direction, movements are rather choppy and it’s hard to talk about any strong, dominant trend. Buyers are preferring to stay away right now, giving more space to the bears. All this falls in line with a very handsome setup on DAX, that I’d like to present to you in this analysis.
Picture for DAX creates Head and Shoulders pattern

AUD/USD Forex Signal: Bearish Head and Shoulders at 0.7200

Last Tuesday's AUD/USD signal may have produced a losing short trade from the bearish price action which rejected the resistance level I had identified at 0.7223, although I did warn there were unlikely to be any good trade opportunities in this currency pair over that day.Today's AUD/USD Signals. Risk 0.75%

GOLD M5: Head and Shoulders

The GOLD M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 1826.74, the Neckline and the upward angle are at 1825.10/1825.30. The formation of this pattern can bring about changes in the current trend from bullish to bearish. In case the pattern triggers the expected changes, the price of GOLD will go towards 1825.15.
GOLD ★ USD/CAD major Head and Shoulders activated

The USD/CAD pair plunged as the Dollar Index has registered a strong sell-off. The currency pair activated a major reversal pattern, a Head & Shoulders formation, so more declines are possible. In the short term, the pressure is high as the DXY failed to make new highs or to stay higher.

Rappers Graded by Kool Moe Dee...He Nailed it

Lauryn a legend but not head and shoulders above this list, nope. No eminem, Andre 3k, lil Wayne, Cassidy, banks, in sight either?. why is dmx getting 10 in innovating rhyming?I love x and his delivery but x's rhymes are basic as fu*k. Glad I’m not the only one who...

USDCAD Head and Shoulders Reversal Pattern

USDCAD could be in for a reversal from its climb, as the pair is forming a head and shoulders pattern on the 4-hour time frame. Price has yet to break below the neckline support around 1.2600 to confirm the drop. The 100 SMA is above the 200 SMA for now,...

Bitcoin Price Action Looks Similar to Spring 2021

In this video I analyze the bitcoin daily chart as it sits at the support level around 40-42K. Obviously holding this level would be ideal as it will set price up to make a run back toward the low 50s, however I found it interesting how this move that started in the late fall season of 2021 looks very similar to the move that happened in the spring of 2021.

BAT Coin Price Analysis: The coin has formed a triple top on the daily chart after a head and shoulders pattern

BAT Coin Price has formed a triple top formation and is showing bearish signs on the hourly chart. The coin fails multiple supports on the hourly chart. BAT coin price has been between $ 1.045 and $ 1.40 since the month of November. The coin made a brief attempt to break out from the zone during the end of December after forming a double bottom but failed to continue above the $ 1.40 level. The coin then formed a head and shoulders pattern (generally a bearish pattern)and continued in the range. The coin has now formed a tripe top and is nearing the support level. If the coin fails the support, the coin can be expected to fall to the level of $ 0.65. The Moving Average Convergence Divergence (MACD) indicator is showing bearish signs for the coin with the bearish histograms increasing in size. The volumes for the coin also have been very low.

Netflix Stock Confirms A Head And Shoulders Pattern: What's Next?

Netflix Inc (NASDAQ:NFLX) shares are trading lower Thursday after JPMorgan maintains an Overweight rating on the stock and lowered the price target to $725. Netflix has just fallen below support in what traders call a head and shoulders pattern, adding to the bearish sentiment the stock has been experiencing. Netflix...