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Head_and_shoulder

LYV: The music just stopped!Live Nation Entertainment Short Term - We look to Sell at 90.13 (stop at 93.80) The medium term bias remains bearish. A bearish Head and Shoulders is forming. The measured move target is 81.00. Further downside is expected although we prefer to sell into rallies close to the 91.00 level. Our profit targets will be 81.20 and 79.00 Resistance: 93.00 / 99.50 / 127.00 Support: 81.00 / 74.00 / 60.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’ ). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NYSE:LYV
by VantageMarkets
ETHUSDT - WATCH OUT, Bearish Pattern ❗Hi Traders, Investors and Speculators 📉📈 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩‍🏫 I'd like to point your attention to a bearish pattern forming on the 1D timeframe on Ethereum , a Head and Shoulders pattern is busy forming the final right shoulder. It's always tricky to say exactly where the pattern will correct to, but it is usually close to the zone where the pattern start's. This would give us a target between $1100 - $1200. A break above the head would invalidate this pattern ($2000). NOTE that this pattern may take some time to play out, since the last shoulder is still forming. To consider a bullish reversal, we'll need to see a reliable bottom pattern form on a higher timeframe: If you're interested in additional ways to make money with Crypto, check out this idea: If you're interested in what affect the Russia-Ukraine war might have on the Euro in the coming winter months, and how this relates to Bitcoin, check out this idea: Thank you for watching, tune in again tomorrow ! _________________ 👀 Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎 👍Hit like & Follow 🔔 We thank you for your support ! CryptoCheck
Short
by CryptoCheck-
28
Data confirms deflation, the euro is falling stronglyThe Markit Composite PMI and Services PMI for the Eurozone were just released, which recorded a noticeable decline against expectations. Where these two indicators indicate a decline in the conditions of the economy and confirm the predicament of the European deflation, as it came below 50 points. This is in light of the recent turmoil in Europe in general, and Germany in particular, due to the gas crisis that plunged the euro to its lowest level in 20 years. The Markit Composite Purchasing Managers' Index for the Eurozone came to 48.9, down from 49.9, which is seen as a good indicator of economic health if it goes above 50, and vice versa. The Services Purchasing Managers' Index recorded 49.8 after it was estimated to have registered 51.2 points. It gives a clue about the health of the service sector in the Eurozone. Traders keep a close eye on these surveys because purchasing managers usually have early access to data on their companies' performance, which can be an indicator of overall economic performance.
Short
by Takie_eddine
2