Aksel Kibar, CMT

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#TECHCHARTSMEMBERS From the latest report #watchlist. Looking for a strong close today for breakout confirmation. Access >> tinyurl.com/bdfp24xt

@pillarcap Not difficult. It needs complete isolation in your research. That part can be difficult. Too many people have an opinion.

@TechCharts Is BTC the most difficult chart to read for you Aksel? Love your work - genuinely curious to know what you think.

$BTCUSD holding close to the upper boundary of channel. Can we see a quick sharp directional move soon with a breakout higher? A re-test of the year-long average?

@hsesli831 ? It is just an inverted chart of Gold/Silver.

@TechCharts Not the ratio of gold to silver, but the ratio of silver to gold! I've never seen this approach before...

#Silver vs. #Gold. Tight range. Possible symmetrical triangle. Directional move soon. Which way?

Where is the upright H&S? The drop started from 500s to 100s. At the end of that drop price is trying to form a HS bottom. Left shoulder higher than the head. Head is formed. Neckline slightly downward sloping. Right shoulder not formed at all. I'm saying if we form the right shoulder, I will have higher conviction on the H&S bottom reversal.

@TechCharts @ColinTCrypto I am sorry but I am still confused. I am getting what you're saying about pattern morphing into another one. But the part that's highlighted by # in the image says explicitly otherwise. Upright H-S in downward move shouldn't be considered a reversal. What am I missing here?

Questions regarding if this H&S on $MSTR can be a continuation: It can't be. In a downtrend, H&S continuation should form like this.

@IamShivangiBedi @novice_naiyayik @ColinTCrypto Cup with handle only in uptrends as a continuation pattern

@TechCharts @novice_naiyayik @ColinTCrypto Sir - Whenever a stock tries to make base after long bearish move, and start forning higher high higher low price structure, initial patterns looks like either Inverse HnS or CnH. My query is "do CnH forms at bottom of bearish trend" or we simply consider them as VCP?

Not "also", that is the first thing we should be looking at. After a downtrend, a possible bottom reversal. It can fail, but it doesn't become a H&S continuation. What Schabacker is saying in the section you posted, the consolidation can become a continuation chart pattern. It can morph into a symmetrical triangle, rectangle etc. and act as a continuation. H&S bottom that breaks the low of the right shoulder can only be analyzed as a H&S failure

@TechCharts @ColinTCrypto Aksel, Are you saying that, H&S in a downtrend after having a good down move, can also act as a reversal? Do you mean by any chance H&S bottom (aka Pendant?, assuming as that's what's forming on attached chart? I don't trade US market) or the regular H&S only? Please enlighten

@thakur83 Cup with handle. Correct.

@TechCharts Hi AK, Can we call it cup n handle as of is formed at top of the trend? Generally, it is getting formed after languishing at bottom for long time and then slowly moving to form cup and then handle. Mainly due to some major changes in the business of the company. Kindly guide.

Several financial stocks have this setup. Possibly we have a developing theme here... Monitoring it closely.

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@AscentBtc We are following different methods of analysing price action.

@TechCharts Based on being in cypto for 3 cycles. 🔁 Based on the top last cycle hitting it to the day in October 2025. Until I see a clear break in a 9 year pattern, I’ll keep believing that pattern will play out.

@ColinTCrypto It will be called a H&S failure. But you are two step ahead. Step one is waiting for the right shoulder to develop. Which I'll be monitoring the next few weeks for. Step 2 either breakout above the neckline or a failure. You are thinking of this right now.

This drawing fits the MSTR chart. But if it doesn’t break above the neck line, and instead breaks below the right shoulder, wouldn’t the pattern result in a continuation of the downtrend? Or, at the minimum, morphing into a new pattern such as a rectangle or something else, which could then act as a continuation.

@AscentBtc Your assumption is BTC going to 50K. Based on what? It is still in a rising channel. There is a possibility of a breakout above the channel boundary.

@TechCharts We’ll see. I think it’s more complicated than that. I think when BTC goes to $50K and $MSTR goes to 1 to 1 MNAV this goes sub $100

@donlomanski This is a textbook H&S bottom so far.

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Fresh breakouts. Selective market. I'm continuing to focus on clean horizontal boundary breaks. Note: red line is not a stop loss. It is a pattern negation level. The level at which we will not treat this as a H&S bottom anymore. Stop-loss can be different for everyone and can be tighter, closer to pattern boundary.

@novice_naiyayik @ColinTCrypto I would say a drop from 500s to 100s is good of a downtrend then can be reversed if a H&S pattern is clearly identified

@ColinTCrypto @TechCharts This excerpt from R.W.Schabacker book should be able to clear it

@ColinTCrypto Which drawing does MSTR fit?

I guess I’m still confused by this. Can’t any H&S or iH&S act as a continuation or a reversal, depending on how the price action interacts with the neck line and right shoulder? I’ve drawn the 4 combinations I’m referring to: H&S in an uptrend iH&S in an uptrend H&S in a downtrend iH&S in a downtrend It’s possible that Classical Charting disagrees that these 4 combinations are possible. But the patterns are still consolidation ranges, with boundaries that have breakout levels. Ready to be told why I’m wrong 😂

@ColinTCrypto It will be called a H&S bottom failure. But first it needs to form a H&S bottom.

$TUR #ETF Looking really good and possibly getting ready for a breakout.