Get started

Head and Shoulders

BNB Ready for a Major Breakout? Head & Shoulders Pattern in PlayMarket Insight: #BNB is currently trading in a prime buying zone for spot traders, showing strong price action on the 4-hour timeframe. A Head and Shoulders (H&S) pattern is forming, and we are closely monitoring its breakout for a potential bullish move. 🔹 Bearish Signs? None so far! The market structure remains intact, and buyers seem to be in control. Trade Plan for Bulls: 🔹 Breakout Confirmation: A clean break above the neckline of the H&S pattern will confirm bullish momentum. 🔹 Entry Zone: After confirmation, a long position can be initiated with proper risk management. 🔹 Stop Loss & Risk Management: Place a stop-loss below the right shoulder to manage risk effectively. 🔹 Potential Target: If the breakout holds, we could see a strong upward move toward key resistance levels. 🔹 Chart Analysis: (Attach a well-annotated chart with clear trendlines, breakout zones, and risk-reward levels) 🔹 What’s Your Take? Do you think #BNB will break out or face rejection? Drop your thoughts in the comments! Like & Follow for more real-time trade setups!
Long
by mudusir
Is this Bitcoin’s final push before altcoin season?Bitcoin breakout confirmed. But what if AVAX and other altcoins are where the real profits are hiding? Let’s talk targets, setups, and the coming shift in momentum. This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
THINKMARKETS:BTCUSDLong
by ThinkMarkets
5/22 Gold Trading SignalsGood afternoon everyone! Yesterday's trading session was a bit bumpy, but in the end, we achieved considerable profits. Today, gold rose to around 3346 and then began to pull back. It is now approaching the 3300 support level. 🔍 From a technical perspective, the candlestick structure and several indicators suggest that bears may still attempt further downside: Primary support area: 3288–3276 — if this holds, a rebound is expected, with resistance around 3309–3316. Secondary support area: 3263–3248 — if it breaks lower, watch for a short-term bounce around 3276-3282. 📰 On the news front, Initial Jobless Claims and PMI data will be released today. These could trigger short-term volatility. 📌 Trading strategy for today includes two key scenarios: If the data is bearish for the dollar and gold drops to 3253, look for buy opportunities. If the data is bullish and gold rises to 3358, it's a good spot to sell into strength. 📈 Today’s Trading Recommendations: 📉 Sell near 3358–3372 (Resistance zone) 📈 Buy near 3263–3248 (Support zone) 🔁 Flexible intraday levels: 3253 / 3268 / 3277 / 3286 / 3298 / 3309 / 3316 / 3328 / 3348 Wishing everyone a smooth trading day. Feel free to leave a comment if you have any questions—I’ll get back to you as soon as possible.
FOREXCOM:XAUUSDLong
by China_MsWang
Zero coupon bonds 🚀This is the most extreme US Treasury bond ETF. Basically pay some amount and get back face value in 25 years. Inflation would kill these, whereas deflation and falling interest rates will send this to the moon. Interestingly this pays a dividend in line with other bonds, I looked it up and it looks like the fund has to do this for tax purposes, but the underlying security has literally a Macaulay duration of 25 years. TLT by comparison is 17 years (per iShares website), so duration risk is 50% higher. Using fibs a modest pullback to 78, completing a IHS, would be a great place to start loading up, assuming 1) this thing doesn't just take off right here, and 2) I'm not totally wrong and inflation comes back next year.
AMEX:ZROZLong
by ChartMeNot
1
Dell going strong after big dipDell going strong after big dip, after creating head and shoulder, Dell going to close the chart pattern with target 127$, to the target we have the strong Weekly resistance 115$ to break, then the strong high 121$, a short term trend line , and the all time high trend line, with good momentum we can test after this the last high before the dip 146$, Dell raised 75% in lest than 2 month and expect to reach 120$ from last dip in another 2 months,
NYSE:DELLLong
by mnmabroukw36ix
5/21 Gold Trading SignalsGood afternoon, everyone! In yesterday’s trading, our buy-side positions performed well, but unfortunately, sell orders around 3280 weren't closed in time, resulting in a partial loss of profit. Today, gold has shown impressive strength, breaking above the 3300 level and forming an irregular inverse head-and-shoulders pattern. Technically, this implies further upside potential. 🔍 Based on price action and technical patterns, this rally could extend beyond 3330, and even test 3350+. However, the 3346–3369 zone marks a strong resistance band, making it an ideal zone for medium-term selling opportunities. 📉 On the downside, we identify the first major support at 3278, followed by the 3261–3246 zone. 📰 On the news front, several Fed officials expressed economic concerns in speeches early this morning. Meanwhile, reports of Israel preparing to strike Iran’s nuclear facilities fueled safe-haven demand, pushing gold strongly back above the 3300 mark. 📌 Today's Trading Strategy: Sell between 3346–3373 (consider scaling in) Buy between 3260–3243 Flexible trading in the zones: 3338 - 3326 - 3318 -3309 -3298 - 3288 - 3272 Lastly, a heartfelt thought: Living in a peaceful country like China, it's truly heartbreaking to see so many innocent children suffering or even losing their lives due to war. Let us hope for peace soon—so all people may live safely, freely, and happily.
FOREXCOM:XAUUSDShort
by China_MsWang
Inverse H&S + Triangle = Gold’s Perfect Setup for a BreakoutAs I expected in my previous idea , Gold ( OANDA:XAUUSD ) started to rise after a correction and made another attack on the Resistance zone($3,280-$3,245) . Gold is currently moving near the Resistance zone($3,280-$3,245) and Yearly Resistance (2) . If we look at the Gold chart from a Classic Technical Analysis perspective, two Classic Patterns are clearly visible. 1- Inverse Head and Shoulders pattern , which is a good sign for a Resistance zone($3,280-$3,245) breakout. 2- Symmetrical Triangle Pattern is also a sign of a continuation of the recent bullish trend In terms of Elliott Wave theory , Gold seems to have completed the corrective waves , and we can expect the start of an impulsive wave . Breaking the Resistance zone($3,280-$3,245 ) can be a good sign for the start of an impulsive wave and a gold pump . I expect Gold to trend higher in this week , and the first sign could be a break of the Resistance zone($3,280-$3,245) . The targets are clear on the chart. Note: If Gold touches $3,179 , we should expect a drop. Gold Analyze ( XAUUSD ), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDLong
by pejman_zwin
16
USDJPY: Very Bearish Setup ExplainedI spotted a lot of bearish confirmations on 📉USDJPY on a 4H time frame: A significant head and shoulders pattern was formed, and its neckline is broken. As the right shoulder formed, a distinct horizontal trading range emerged, which also saw support being violated. The neckline serves as an important horizontal support, and the market has broken through all of these levels. We can expect further declines, with the next support level at 143.
Short
by linofx1
6
Inverse Head & Shoulder Breakout - MAHSCOOTERTechnical Analysis: Current Price: ₹13,755 Target: ₹18,000 (significant potential upside) Bullish Patterns: Inverse Head and Shoulder breakout confirmation or Cup & Handle pattern formation/breakout (chart needed to confirm which is more dominant and the status of the breakout). Time Frame: 1 to 3 months. Updated Fundamental Considerations: High P/E (91.6): Suggests premium valuation, implying high growth expectations. Positive EPS Growth (YoY): EPS ₹188 vs. ₹174 indicates positive earnings growth over the past year. Strong Latest Quarter EPS (₹45.2): Significantly higher than the previous quarter, signaling a potential positive shift in profitability. Industry P/E (21.6): Highlights the substantial premium the market is placing on MAHSCOOTER compared to its peers.
NSE:MAHSCOOTERLong
by sara54654
Inside The Eye Of The Storm - $90 Target On TSMCIf you've seen my posts on Minds (particularly the board for NASDAQ:SOX ), it’s no secret that I’ve been bearish on semiconductors for some time. My bearish thesis is based on several factors: technical indicators, overvaluation of certain companies, and skepticism that AI-driven demand will result in broad-based prosperity. As the charts grow increasingly overbought, unfolding geopolitical developments could soon deliver a shock to the semiconductor sector, reinforcing the technical signals I’m observing. At the time of writing, the market is turning bearish. Futures are down over 1%, and the TVC:US10Y is up nearly 2%. Institutional investors remain cautious about the U.S. economy due to its high debt levels and efforts to raise the debt ceiling to accommodate an additional $2 trillion in debt-financed tax cuts. Meanwhile, on the trade war front, the U.S. and China have agreed to deescalate tensions, a surprisingly smooth shift after weeks of posturing and brinkmanship. Although SP:SPX surged over 2% on the news, something feels off—worthy of speculation. Recent articles in Foreign Affairs (www.foreignaffairs.com) and The Economist (www.economist.com) suggest that President Xi may now see his best opportunity to fulfill his longstanding goal of reunifying China. I encourage reading those articles if you're interested, but here’s my take—and how it relates to a low-risk/high-reward short trade in semiconductors. By striking a tariff-reduction deal with the Trump administration, China has removed a key obstacle that could have otherwise hindered military action against Taiwan. While Trump has flip-flopped on Taiwan over the years, he has previously threatened sanctions and tariffs as deterrents. But with the economy already strained, reimposing tariffs of 145% or higher would be self-defeating. This opens the door for China to escalate. Over the past month, we’ve seen “gray zone” tactics: military drills, suspicious Chinese fishing vessels dragging anchors near undersea cables, and reports that China may use its coast guard to “quarantine” vessels heading to or from Taiwan—potentially inflicting serious economic pain. Such moves would place the U.S. in a precarious position. To compound the risk, Taiwan imports 90% of its energy—mostly LNG—and just shut down its last nuclear reactor on Friday (5/16), which supplied around 4.5% of the nation’s power. In 2023, NYSE:TSM alone used more than 8% of Taiwan’s electricity, according to Business Insider. Any disruption to power or communications would halt production. This leads me to believe that China may attempt to annex Taiwan before 2027. (After all, why announce an invasion years in advance?) According to WIRED, NYSE:TSM produces at least 90% of the world’s most advanced chips, and Taiwanese companies control 68% of total global chip production. These fundamentals make Taiwan Semiconductor Manufacturing Company arguably the most vulnerable firm to any disruption in Taiwanese exports. I’ve covered the market’s broader setup in other posts, so I’ll keep the technical analysis here brief. On the weekly chart (right), NYSE:TSM ’s price rose from October 2022 to January 2025 in five distinct waves. That uptrend has now been broken, and the price appears to be in the right shoulder of a large Head & Shoulders pattern. While the downside potential is open-ended, we can estimate a target using technicals. I expect the price to slice through the entirety of Wave (3) and find support in the blue-box, which aligns with the volume profile and 0.618–0.786 Fibonacci retracements. A break below the weekly 200MA would be a very bearish sign. For now, I’ve set my target for NYSE:TSM at $90. Zooming in, the daily chart (right) shows numerous gaps and doji candles. The high-volume days were dominated by selling. On the 100R chart (left), including after-hours trading, the Fisher Transform oscillator shows bearish divergence. Although Friday closed flat (0.00%), the stock dropped nearly 2% after hours. I expect a move back to VWAP, especially if the broader market trends lower this week. To gauge how TSMC stacks up against the broader industry, let’s look at some peers. On the semiconductor index NASDAQ:SOX , there are two key gaps worth watching—similar to what we see in other indexes. The price is currently at the 0.618 retracement of Wave (A) and briefly peaked above the 200MA. I expect it to move lower from here, likely filling those gaps and setting new lows. For NASDAQ:NVDA , I’m seeing a Head & Shoulders pattern forming, with the price currently in Wave (B). Several downside price gaps exist, and more notably, there’s a volume gap between $95 and $102. On the 500R chart (left), Nvidia is clearly overbought and facing resistance at the upper VWAP band. A move to the 1.618 extension would be extreme—but there’s an order block around that level, along with a gap down near $31, visible on the daily chart (right). Such a steep drop would require a major catalyst. While it’s unclear how reliant NASDAQ:NVDA is on Taiwan, it’s reasonable to assume the leading AI chipmaker depends on a supply chain anchored by the company producing 90% of the world’s advanced chips. NASDAQ:AMD , another company heavily reliant on TSMC’s fabs, shows a very bearish setup on the weekly chart (right) when using a logarithmic scale. However, price action from the past year on the 500R chart (left) suggests it could move higher if basic Elliott Wave principles hold. AMD’s beta is 2.14 versus TSM’s 1.68, indicating lower correlation with the broader market. It may therefore be less compatible with wave theory, but it's still an essential ticker to monitor, especially as it diverges from NASDAQ:SOX and peers. To conclude, considering the current overbought level of NYSE:TSM , coupled with the broader market pivoting back to a bearish trend, and its unique position at the center of a geopolitical and trade crisis, I think shorting TSMC provides a low risk/high reward setup with a target of $90. All of this to say, I am not a coldhearted opportunist, and I hope Taiwan can remain a free, democratic, country that is able to withstand China’s grey-zone tactics. Unfortunately, we should be prepared for Xi to use this opportunity to find out just how committed to Taiwan the Trump administration is, and as we saw during the COVID shutdown and subsequent supply shortages, microprocessors are some of the most essential products in the world that just so happen to be produced in the most vulnerable country in Asia. I suspect that there is trouble afoot. Thank you for reading and let me know what you think.
NYSE:TSMShort
by ap769
1
TATA Tech Breakout: Inverted Head & Shoulder Targets ₹856+A bullish reversal pattern forming in Tata Technologies Ltd (TATATECH) on the daily timeframe. Pattern Identified: 📌 Inverse Head and Shoulders Pattern Left Shoulder: Price dips and recovers Head: A deeper dip followed by recovery Right Shoulder: A higher low and bounce Neckline: Resistance around ₹755 is tested multiple times Key Technical Insights: Breakout Above Neckline: Today's close above ₹755 confirms breakout Target Projection: Target = Neckline + Height (from Head to Neckline) Projected Target = ₹856+ Volume Confirmation (optional): Typically, volume should rise during breakout for stronger confirmation Sentiment: Reversal from downtrend to possible uptrend Bullish momentum expected to continue toward the ₹856+ zone
NSE:TATATECHLong
by TradZoo