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Novo Nordisk price has charted a famous and beautiful reversal pattern - Head & Shoulders. We have 3 peaks with the middle one the tallest also called Head. The Right Shoulder inclines down so the magnitude of the bearish move is strong. The dotted line between valleys of the Head is called a Neckline. The bearish target for this reversal is located at the...

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This post explores the idea that Bitcoin, often referred to as "digital gold," might one day replace gold as the preferred store of value. Gold’s price (shown in yellow) has traditionally been sensitive to inflation, which is influenced by money printing, as indicated by the US M2 money supply (shown in white on the chart). Geopolitical and economic insecurity...

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Luckily, I spotted a classic reversal pattern right on the edge of triggering. The combination of three peaks, with the tallest in the middle, has formed a Head & Shoulders chart pattern on the Dollar Index futures daily chart. The right shoulder is almost complete, and the bearish trigger will be activated if the price breaks below the Neckline (the line...

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Congrats to all hodlers who've reached the 6-digit mark and beyond! How far could this impulse take the price? The textbook Cup & Handle pattern (yellow) suggests that over 20% of bullish potential remains, with the ultimate target for the pattern at the $125k mark.

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Beautiful Cup & Handle pattern (yellow) has been built on the chart. Price broke above the Handle this month confirming the bullish stance Total Crypto Capitalization ( CRYPTOCAP:TOTAL ) could reach $4.53 Trillion.

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Textbook Cup & Handle pattern (yellow) has been shaped on the chart. Price already broke above the Handle triggering the bullish signal The target for this pattern is located at the depth of the "Cup" added to the breakout point. So, the SOL/USDt price eyes $412.

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Consolidation on the weekly chart has shaped the well-known Triangular pattern (yellow). Watch the breakout of the upside barrier around 7.3650 for confirmation. The target is located at the height of the widest part of Triangle added to the upside of the pattern. It's 8.03 CNH/$1

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Another pattern was spotted in the making for NEAR/USDt. This time on the short time frame of 1 hour. And again the timing is good as all stages were passed successfully. 1) price consolidated within a Triangle 2) clear breakout to the upside 3) healthy pullback to retest the broken resistance of Triangle 4) trend is resuming to the upside Target is located at the...

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Falling peaks and rising valleys have built famous Triangle pattern on the hourly chart of DOGE/USDt. It's a consolidation after a big rally, which means more upside move is ahead. Watch the price to break out of the pattern. The target is located at the widest part of Triangle added to the break point. Its located at 0.533 Breakdown of Triangle would invalidate...

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I spotted irregular, weird but still visible Cup & Handle pattern (yellow) on NEAR/USDt chart. The timing is beautiful as all elements have already been shaped as the price is breaking out of the Handle. The target is measured by adding the depth of the Cup to the breakout of Handle. It is located around $19, however the price action usually aims at retesting...

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The price of gold typically drops after U.S. elections, and this time is no different. This weakness coincides with the expected wave count on the chart, as Wave 4 correction was anticipated. (see related) Wave 3 is extended, and so is sub-Wave 5 within it, which is a common pattern for commodities. Wave 4 has now begun, and there are two ways to measure its...

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EURUSD is in the second leg down to complete a complex correction (red down arrows). There are three crucial target points for drop to watch: 1) Valley of red leg 1 at 1.0448 and 50% Fib at 1.0406 2) 61.8% Fib at 1.0200 3) Touch point of the throwback to broken trendline around parity Next is the reversal to upside within the large leg 2 up (blue up arrows). The...

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There are two potential options for Bitcoin price. 1) Price will complete ABC correction as we have A-B in place already. The wave C could retest the valley of wave A at GETTEX:49K 2) Large red second leg down could complete a bigger correction. It could retest the bottom of leg 1 around $15k. Only below GETTEX:49K we can see what structure is unfolding. What...

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The series of three valleys with the lowest bottom in between shaped notorious Inverse Head & Shoulders pattern in Natural Gas futures chart. It's bullish reversal pattern. Price eyes to break above the Neckline to trigger the pattern. Target is located at the size of the Head added to the Neckline break point at $4.67. Invalidation is below the trough of Right...

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The price of the second largest cryptocurrency can't raise its head to catch up with elder brother Bitcoin. I detected three signs that the bear trend could resume soon. 1) price broke below 52-week (past 1 year) moving average and during retest it failed to break back above it; 2) RSI is below 50, bearish, also retested the resistance and failed either 3) clear...

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SSE had a rally from 2005 to 2007 establishing the all-time high of CNY 6,124. After that, the price had built a weird corrective structure with ups and downs fading in magnitude over a very long period of time. It took 17 years to complete the giant contracting triangle (white ABCDE marks). The pattern was broken to the upside this summer. This is the first...

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NVDA stock is in a perfect range between all-time high of $141 and summer low of $91 that was hit within the first leg of correction in wave A down. Recently, the price has retested the upside of the range within the wave B up and slipped back into the established range. This could be the start of the last wave C down to retest the summer valley of $91.

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Brent oil is in the giant range of $16 and $150 The price is in the decline within the red large leg 2 down. It consists of 2 white smaller legs. Leg ii is in the progress after a small consolidation (blue). The first downward target is at the bottom of red large leg 1 at $36 The next target is located at the equal distance of red large leg 1 in second leg at...