USDCAD: Confirmed Bearish Reversal📉 USDCAD has formed a head and shoulders pattern on the 4-hour chart.
After the release of US economic data yesterday, the price dropped sharply, breaking below the pattern's neckline.
This morning, the pair is retesting the broken neckline and moving lower, indicating the potential for further downside.
The next key support level to watch is 1.4244.
Head and Shoulders
NZD/JPY: Strong Bearish Formation📉 NZD/JPY has formed a well-defined head and shoulders pattern at a key daily/intraday resistance level.
A bearish breakout below the horizontal neckline signals strong selling pressure, reinforcing a bearish outlook.
The pair is likely to extend its decline, with a potential target of at least 83.83.
NZDJPY: Very Bearish Pattern📉NZDJPY formed a cute head & shoulders pattern on a key daily/Intraday horizontal resistance.
A bearish breakout below the horizontal neckline indicates strong selling pressure and is a powerful bearish signal.
It is likely that the pair will continue to decline and potentially reach a level of at least 83.83.
NZDJPY: Bearish Continuation 🇳🇿🇯🇵
NZDJPY formed a huge head & shoulders pattern after a test
of a key daily resistance.
Its neckline violation is a strong bearish trend-following signal.
I think that the market will continue falling.
Next support - 84.0
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USDCAD: Bearish Reversal ConfirmedThe 📉USDCAD pair has formed a head and shoulders pattern on the 4-hour chart.
Following the release of US economic data yesterday, the price quickly fell and broke below the pattern's neckline.
This morning, the price is currently testing the broken neckline and heading below it.
This suggests that we may see further downward movement in the price.
The next level of support to watch for is at 1.4244.
Gold (XAUUSD) - Inverse Head & Shoulders Breakout Setup!Hello everyone, i hope you all will be doing good in your life and your trading as well, let's discuss about Gold and it is showing a strong bullish setup with an inverse head and shoulders pattern on the 1-hour chart . This means buyers are stepping in , and a breakout above the $2,930-$2,932 neckline could push prices higher toward the next resistance at $2,954-$2,960 . A stop-loss around $2,910-$2,906 can help manage risk in case of a pullback. Watch for volume confirmation when the breakout happens—it’ll add more strength to the move!
If Gold breaks out and holds above the neckline , we could see a good upside rally as buyers take charge. But if it fails to sustain, we might see some consolidation or even a drop. Best approach? Wait for a clean breakout and retest before jumping in. Stay sharp, manage risk, and trade smart!
Disclaimer: This analysis is for educational purposes only. Please consult a financial advisor before making investment decisions.
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Gold Technical Analysis – Inverse Head and Shoulders BreakoutGold (XAUUSD) is forming a strong bullish reversal pattern on the 1-hour chart. The price action has developed a classic Inverse Head and Shoulders pattern, signaling a potential upside breakout.
Technical Analysis:
Pattern Formation: The Inverse Head and Shoulders pattern consists of a well-defined Head at the bottom and two Right Shoulders, indicating strong demand at lower levels.
Neckline Breakout : The price has successfully broken above the Neckline, confirming a bullish breakout.
Buy Entry Zone: A potential buying opportunity arises above the breakout level with confirmation.
Target Projection: Based on the height of the pattern, the next bullish target is 2960.
Fundamental Factors:
Gold's Safe-Haven Demand: Recent global uncertainties and central bank policies are increasing investor interest in gold.
US Dollar & Inflation Impact: A weakening US Dollar and persistent inflation fears further support bullish momentum in gold.
Trade Plan:
Entry: Buy above Neckline breakout (around 2920-2930).
Target: 2960 (next major resistance level).
Stop Loss: Below the right shoulder structure (~2900).
Conclusion:
With strong technical and fundamental confluence, gold is poised for further upside. Watch for a successful retest of the breakout level to confirm momentum towards 2960.
Trade wisely and manage risk accordingly
Gold’s Three Soldiers Pattern Signal: A Strong Rally Ahead?Gold ( OANDA:XAUUSD ) is breaking the Resistance zone($2,930-$2,916) and the Neckline of the Inverse Head-and-Shoulders Pattern .
According to the Elliott wave theory, the Zigzag Correction(ABC/5-3-5) is over, and we must wait for the next impulse wave .
Also, the Three Soldiers Candlestick Pattern is a good sign to break the Resistance zone($2,930-$2,916) and neckline .
I expect Gold to rise to at least $2,953 , if the Resistance zone($2,957-$2,940) is broken, we should wait for Gold to rise to the Potential Reversal Zone(PRZ) .
Do you think Gold can make a new All-Time High(ATH)?
Note: If Gold goes below $2,887, it should expect more gold Dumps.
Gold Analyze ( XAUUSD ), 1-hour time frame.
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BTC/USDT – Potential Reversal After Fakeout?Bitcoin is currently trading at $88,720 (+0.76%), showing signs of exhaustion after a breakout attempt. The price action suggests a fakeout in the reversal area, which could lead to further downside if support fails.
Key Observations:
Fakeout in the Reversal Area: BTC briefly broke above resistance but failed to sustain momentum, indicating potential weakness.
Short-Term Support Zone: If the price holds the recent consolidation area, another attempt at $92,000 could follow.
Bearish Scenario: A break below $87,000 could trigger a deeper correction toward $82,000-$80,000.
Outlook:
Traders should monitor price action near $89,000-$90,000 for a decisive move. If BTC reclaims this level with strong volume, further upside is possible. However, failure to hold current support could accelerate downside momentum.
Bitcoin may rebound up from buyer zone check out and read BTC/USD Bullish Outlook: Potential Rebound from Buyer Zone"
Bitcoin is showing signs of strength as it approaches a key buyer zone. Holding above this level could trigger a strong rebound, with upside targets at key resistance levels. A breakout above confirms bullish momentum, supporting further gains.
USA Steel IH&S benefits due to tarifs 90% move? IH&S on back of Trumps tariffs last time it did really well under tariffs
Plenty of room to over perform and go much higher back to ATH?
Assuming the bear does not turn up right about now. Or maybe thats why this target seems low to us now but will be a nice protected move later on with hindsight.
I only need this tradeThis will be my only trade in Forex for a while if it doesn't stop me out. The pair is rolling over from a high resistance area. That trendline won't hold, I'll add heavily if it breaks down the trendline in the daily timeframe. SL triggers if a weekly candle CLOSES above 159.20, otherwise is just volatility. I'm holding this for several weeks. Patience is the key.
SILVER (XAGUSD): Intraday Bullish Reversal📈SILVER approached a strong horizontal support level last week.
The market formed an inverted head and shoulders pattern on that, bounced and breached a solid falling trend line.
It is a significant sign of strength of the buyers.
The price may keep growing now.
Next resistance - 32.20
Potential Pattern for Altseason 20252020 Altcoin Season Bull Run:
Large Head & Shoulders Bottom ➡︎ Pullback ➡︎ Breakout of Downtrend Line → Massive Pump
Current Situation:
Large Head & Shoulders Bottom ➡︎ Pullback ➡︎ ❓
Do you still believe in the bull market?
Leave a comment!
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ADANI PORTS - INVERSE HEAD & SHOULDERS ON DAILY CHART !!!- Hey Folks, I was checking the charts and there is a possibility that adani ports may form inverse head & shoulders.
- To buy or to go long in this stock we need three confirmation first the right shoulder second the candle should broke the trend line and once trend line is broken we need one more confirmation candle to enter the trade.
- If it won't form the the inverse H&S still there is weekly support around 987-990.
- now if we talk about target it will 5%-7% becoz as the market is like a falling knife or bears in control so its not a good time to be greedy unless you are long term investor.
-Stopless will be 3%-5% if it breaks 987-988.
*** This are my personal views or analysis and not a recommendation***