Watch out for this possible Head and Shoulders Formation
$Apple (AAPL.US)$ $Tesla (TSLA.US)$ $Metaverse ETP (ETP.CC)$ $Cardano (ADA.CC)$ $XRP (XRP.CC)$ $ChainLink (LINK.CC)$ $Polkadot (DOT.CC)$ $DigiByte (DGB.CC)$ $BAT (BAT.CC)$ $VeChain (VET.CC)$ $ZEC (ZEC.CC)$ $TRON (TRX.CC)$ $Litecoin (LTC.CC)$ $Stellar (XLM.CC)$ $Dogecoin (DOGE.CC)$ $ZEC (ZEC.CC)$ $Decentraland (MANA.CC)$ $Ethereum (ETH.CC)$ $ETC (ETC.CC)$ $Bitcoin (BTC.CC)$ $HTI Futures(AUG4) (HTImain.HK)$ $HSI Futures(AUG4) (HSImain.HK)$ $E-mini Russell 2000 Index Futures(SEP4) (RTYmain.US)$ $Mini VIX Index Futures(SEP4) (VXMmain.US)$ $E-mini Dow Futures(SEP4) (YMmain.US)$ $E-mini NASDAQ 100 Futures(SEP4) (NQmain.US)$ $E-mini S&P 500 Futures(SEP4) (ESmain.US)$
![Watch out for this possible Head and Shoulders Formation](https://ussnsimg.moomoo.com/moo-1645452986-70107943-iPhone-2-org.jpg/bigmoo)
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
SunBird : Please kindly elaborate, what to see and what does it signify. Thanks in advance
Cow Moo-ney SunBird : Bearish
SunBird Cow Moo-ney : Noted. Thank you!
SpyderCall OP : There are some specific technicals like the fall from the neckline is the same % distance from the top of the head to the neck line. Or something like that. Just know this is a super bearish candlestick pattern. But they are not always true. Just keep an eye out for a break down. But then again things look cheap. So watch for the dip buy as well. There are a lot of puts in the market that have accumulated over the past few weeks. Whales could easily squeeze them out.
Silverbat : Technical formations always ignore or underestimate the fundamental strengths, and mostly used by hedge funds to hammer liquidity.
KongWeePeh : Break 1M BOLL mid moving toward lower.
SpyderCall OP KongWeePeh :
plucky Kangaroo1 : structure
101821647 : Followed by Knee and Toe ?
kidding
Howardy : No worries Biden and Pelosi will save the world
View more comments...