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The Art of the Dick-n-Balls Setup A.K.A. Head & Shoulders

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TL;DR: This is a textbook Head & Shoulders pattern, but let’s be real—it also resembles something more… anatomical. Regardless of how you see it, the market structure is screaming impending breakdown as we gear up for a possible move toward $125-$130.

1️⃣ The Left Shoulder → Initial rally followed by a pullback, setting the first high.

2️⃣ The Head → A euphoric breakout attempt, swiftly rejected, forming the highest peak.

3️⃣ The Right Shoulder → A weak push upward, failing to reclaim the highs, signaling distribution.

💀 Neckline Break = Confirmation: Price is slicing through key levels, rejecting off moving averages, and forming lower highs.

📉 Target Zone:

Fibonacci extension and previous liquidity pools align around $125-$130, making this the next logical support zone.

📊 Additional Confluence:

  • Volume Profile: Decreasing volume on right shoulder = buyers losing steam.
  • EMA Rejection: Price struggling below key moving averages.
  • Liquidity Grab: Stop hunts above the head indicate smart money distribution.


🚨 Final Take:

If this setup plays out, the move down could be swift. While it may look like a "Dick-n-Balls" to the untrained eye, the market only cares about order flow, liquidity, and psychology—all of which suggest a bearish continuation.

Stay sharp, trade smart. 🔥💎

Feragatname

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