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Abcdchartpattern

$GBPUSD Potential Retracement Following Symmetrical AB=CDPEPPERSTONE:USDCAD The pound has just completed the AB=CD pattern on the 4-hour chart, precisely at 1.2671, a level I highlighted back on February 13. With this textbook pattern now fulfilled, a retracement could be in play, potentially sending the pair lower toward key Fibonacci retracement zones below 1.2541. This move also aligns with a possible retest of the broken daily fractal resistance at 1.2550 , a level that played a key role earlier this week. If sellers step in with conviction, the cable could face a broader pullback, but sustained downside pressure will depend on the market’s reaction at these critical support levels. 📉 Key Technical Takeaways: ✅ AB=CD pattern completed at 1.2671, signaling potential exhaustion of bullish momentum. 🔄 Possible retracement targeting Fibonacci levels below 1.2541. ⚠️ 1.2550 daily fractal resistance, which was broken earlier this week, could be retested as new support or fail to hold. Will GBP/USD follow through with a correction, or will buyers defend these zones? Let’s see how this plays out! Drop your thoughts below. 👇 Happy Trading, André Cardoso Risk Warning: Trading financial assets carries a high level of risk and may result in the loss of all your capital. Make sure to fully understand the risks involved before you start trading and carefully consider your investment objectives, level of experience, and risk tolerance. The data and information provided in this content do not constitute financial or investment advice and should not be considered as such. Only invest what you can afford to lose, and be aware of the risks associated with trading financial assets.
Short
by Andre_Cardoso
Natural Gas Futures (4H) - ABCD Pattern Analysis and PRZ Levels"In this analysis of Natural Gas Futures (4H timeframe), we identify a bullish ABCD pattern that projects a Potential Reversal Zone (PRZ) around 394.5-395. Key highlights include: ABCD Pattern: The 1.618 Fibonacci extension from the BC leg aligns with the PRZ. Current Price Action: Natural Gas is trading around 368.6, indicating a strong upward momentum. Key Levels: Resistance at 394.5 (PRZ zone). Support levels marked at 365.2, 364.3, and 361.5. Strategy Insight: Traders may look for potential shorting opportunities at the PRZ (394.5) with confirmations. Alternatively, breakouts above 394.5 could indicate further bullish movement toward 400+ levels. This setup is ideal for monitoring reversal or continuation scenarios. Keep an eye on volume and momentum indicators for better confirmation."
MCX:NATURALGAS1!Long
by maniraja5599
GOLD KEY LEVELS TO WATCHHello Traders, I hope you're having a fantastic trading week so far! Let’s dive into the current setup on Gold, as it's presenting an exciting trading opportunity. H4 Chart: Price Action Reversal with Key Fibonacci Levels Overview: On the 4-hour chart, we observe a price action reversal pattern aligning with a 200% Fibonacci extension. The price has recently formed a higher low after completing an impulsive move. Market Structure: As long as the price remains below the previous higher high (HH), we anticipate the formation of a lower high (LH). Key Entry Level (EL): The price is trading below the EL, reinforcing bearish potential. Target: The 100% Fibonacci extension serves as the initial key target, aligning with the ABC pattern’s symmetrical swing. H1 Chart: Bearish Gartley Harmonic Pattern Overview: The 1-hour chart showcases a Gartley bearish pattern, nearing the Potential Reversal Zone (PRZ). False Breakout: There is a clear false breakout above the EL, indicating possible exhaustion of buyers at this level. Key Levels: PRZ: Acts as a strong confluence zone for a potential short opportunity. Target: The first bearish target aligns with the subconfluent low (H4) and the ABC extension target from the higher timeframe. Trading Plan Monitor Price Action During U.S. Trading Hours: Focus on key reactions at the PRZ and any bearish reversal signals (e.g., engulfing candles, 3-candle reversal). Bearish Case: A rejection at the PRZ and a sustained move below the EL could confirm bearish continuation. Bullish Invalidity: If the price closes significantly above the EL, this would invalidate the bearish setup and indicate continued upward momentum. Final Notes: We’ll keep an eye on the movement and provide any updates as the price unfolds. Let the pips be with you—stay tuned for the outcome!
OANDA:XAUUSDShort
by TradeChartPatternsLikeThePros
AUDJPY Analysis - BuyAUDJPY Analysis Overview 1. Seasonality: AUD: Bearish until midweek — Seasonal weakness in AUD early in the week aligns with a short-term bearish sentiment. JPY: Bullish — JPY strength throughout the week supports its safe-haven appeal. --- 2. COT Report (Commitment of Traders): AUD: 4-week flip indicates a Sell bias. Non-commercial short positions are increasing, signaling bearish sentiment for AUD. JPY: 4-week flip indicates a Buy bias. Non-commercial long positions are increasing, reinforcing bullish sentiment for JPY. --- 3. Fundamental Analysis: LEI (Leading Economic Indicator): AUD:Decreasing — Suggests deteriorating economic momentum, adding to bearish pressure. JPY: Range — Neutral economic conditions but still supportive due to JPY's safe-haven status. Endogenous Factors: AUD: Mix to Decreasing — Weak internal factors limit AUD’s strength. JPY: Increasing — Improving domestic conditions support JPY buying. --- 4. Exogenous Factors: GBPJPY: Strong Sell — Broader risk-off sentiment in the market favors safe-haven currencies like JPY over risk-sensitive ones like AUD. --- 5. Technical Analysis: On the 1-hour chart: A Cup and Handle pattern and an ABCD pattern are forming, indicating bullish potential. After point C, the price is making Higher Highs (HH) and Higher Lows (HL), suggesting a bullish continuation. These bullish patterns present a good Buy Opportunity, especially as the price confirms its breakout above the handle. --- Bias: Buy Despite AUD's seasonal weakness early in the week, the technical setup on the 1-hour chart favors a bullish bias for AUDJPY. JPY's strength provides additional support for safe-haven flows, but the technical patterns indicate that AUDJPY has room to rally in the short term. Consider entering long positions upon confirmation of the breakout above the handle.
Long
by asadamalik
GBPUSD Analysis - Bearish - Trade 031. Seasonality The GBP is range-bound during the first week of December, while the USD exhibits bearish momentum. This suggests a neutral to slightly bullish outlook for GBPUSD based on seasonality. 2. COT Report The GBP's COT RSI is also range-bound, indicating no strong directional bias. 3. Fundamental Analysis LEI The GBP Leading Economic Indicator (LEI) is decreasing, while the USD LEI is increasing. Global LEI is also rising, favoring USD strength and suggesting bearish pressure on GBPUSD. Endogenous Factors GBP endogenous factors are signaling a sell, adding to the bearish sentiment for GBPUSD. Exogenous Factors Exogenous indicators for GBPUSD are also showing a decrease, further supporting a bearish outlook. 4. Technical Analysis GBPUSD is forming an ABCD pattern and is currently moving toward point D. The 0.5 Fibonacci retracement level at point C is also coinciding with a 4-hour resistance, suggesting a potential reversal or slowdown at that level. Bias The combined analysis suggests a bearish bias for GBPUSD, with the 0.5 Fibonacci level and 4-hour resistance offering a critical point to consider for potential short entry. Trade Plan: Entry: 1.26520 SL: 1.27273 TP: 1.25769
Short
by asadamalik
3
Give me some energy !!!As you can see, the price is in an ascending triangle. If a breakout occurs, we can say AB=CD. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
5
Mighty Gold Hovering Ahead of Key SupportWith the sell-off in US Treasuries, spot gold has taken a back seat versus the US dollar (XAU/USD) from recently printed record highs (US$2,685) and is establishing a picture-perfect AB=CD correction on the daily scale. Daily ‘Alternate’ AB=CD Support For any harmonic traders reading, you will likely note that the daily AB=CD in focus represents an ‘alternate’ AB=CD, an extended version of the equal pattern that completes around the 1.272% Fibonacci projection ratio of US$2,597. Also technically appealing, aside from the uptrend favouring buyers, is support converging with the AB=CD structure at US$2,590 and neighbouring trendline support, extended from the low of US$1,984. Regarding the Relative Strength Index (RSI), after reaching 77.51 (overbought – levels not seen since April this year), the RSI has rapidly dropped to within striking distance of the 50.00 centreline. Should the indicator make a U-turn off this area as price shakes hands with AB=CD support, this would be considered a positive hidden divergence and thus reinforce the noted support levels. Short-Term Selling? Long-Term Buying? Moving across to the H1 chart, resistance warrants attention between US$2,633 and US$2,631, positioned just north of local tops around US$2,624 (blue oval). Given the liquidity likely located north of these tops, a whipsaw beyond here into the H1 resistance zone mentioned above could be a bearish scenario worthy of pencilling in the watchlist given the scope to venture south on the daily until the upper edge of support from US$2,590. Alternatively, a move lower from current levels is equally possible on the H1 scale, targeting the daily support. Therefore, according to chart studies, bears have the upper hand in the short term, though once/if price reaches daily support, this will likely shift the pendulum to a buyers’ market in light of the long-term uptrend, AB=CD correction and daily support area.
FPMARKETS:XAUUSDShort
by FPMarkets
BITCOIN → Bearish Pressure !!!Bitcoin failed to go beyond 67k so the price may fluctuate around $63800 In addition, the bearish wedge shown in the chart can be a negative signal. ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
COINBASE:BTCUSDShort
by CobraVanguard
6
(Update) !!! XAUUSD Analysis : Bull or Bear ? (READ)The GOLD is in a ascending triangle now which means the price will increase and also It is expected that the price would at least grow as good as the measured price movement(AB=CD) Note: we should wait for the breaking of the triangle and than make a move! From a different point of view!!! ✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
FOREXCOM:XAUUSDLong
by CobraVanguard
CADCHF - Technical Analysis [Short Setup]🔹 CADCHF Analysis on 1HR chart - The current Trend is Bearish - Bullish divergence is present - First we short to point D which is reversal zone, if trend reverse then we long - AB=CD pattern is form 🔹 Trade Plan - Entry Level = current - Stop Loss = 0.62444 - TP1 = 0.61860 - TP2 = 0.62135 🔹 Risk Management - First TP is 1:1 - Second TP is 1:2 🔹 How to Take Trade? - Only risk 2% of your portfolio - Take 1% risk entry with 1:1 RR - Take 1% risk entry with 1:2 RR Like and subscribe to never miss a new idea! ✌🏼
Short
by Bountysoul
Honestly, I don't feel like explaining, the chart says it all !!FOREXCOM:XAUUSD The GOLD is in a ascending triangle now which means the price will increase and also It is expected that the price would at least grow as good as the measured price movement(AB=CD) Note: we should wait for the breaking of the triangle and than make a move! From a different point of view!!! ✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
FOREXCOM:XAUUSDLong
by CobraVanguard
USDCAD - Technical Analysis [Long & Short Setup]🔹 USDCAD Analysis on 1HR chart - The current Trend Seem neutral - Bearish Divergence is Present - No Reversal pattern - Found Harmonics AB=CD Pattern - Waiting for a Break of Structure for Confirmation Either at Point C or At Point B. - If point C break we short. - If point B break we long. 🔹 Trade Plan At Point C - Entry Level = 1.35589 - Stop Loss = 1.36036 - TP1 = 1.35137 - TP2 = 1.34681 🔹 Trade Plan At Point B - Entry Level = 1.36297 - Stop Loss = 1.35783 - TP1 = 1.36757 - TP2 = 1.37213 🔹 Risk Management - First TP is 1:1 - Second TP is 1:2 🔹 How to Take Trade? - Only risk 2% of your portfolio - Take 1% risk entry with 1:1 RR - Take 1% risk entry with 1:2 RR Like and subscribe to never miss a new idea! ✌🏼
by Bountysoul
BTC time cycle analysis for the next cycle topBTC time cycle analysis for the next cycle top 1. Blue line is the time period in which the previous cycle top breaks ( appox 1050 days ) 2. Red line is the time period in which btc make a new top after that breakout ( appox 350 days ) 3. White line is the time period of the cycle low to the top ( appox 1010 to 1060 days ) 4. Yellow line is the time period after the halving btc defines the top ( appox 525 days ) 5. Fib extension tool level 1.618 6. AB=CD pathern As we can see history repeats itself btc is following this time cycle analysis over the past cycles, So if the history repeats again we can expect the level of (110,000)
KRAKEN:BTCUSD
by TradewithJohnson