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Harmonic Patterns

Capture Final Profits with Targeted Range TradingMarket Analysis: Today marks the final trading day of the week, and after capitalizing on the week’s significant volatility, we’re positioned for a more subdued session. With the U.S. presidential election concluded and the Fed’s rate hike now settled, external drivers for gold have largely subsided. As a result, gold is likely to trade within a defined range without any dramatic price swings. Forecast and Range Projection: Gold is expected to fluctuate within a range, with resistance at 2705 and support at 2690. As it approaches resistance, prices may dip, while support levels around 2690 could trigger a rebound. Accordingly, today's trading strategy is simple: focus on range-bound trades by selling at resistance and buying at support. Trading Strategy: Sell near 2705 Buy near 2690 Recommendations: For those ready to execute, this plan provides clear guidance for capturing profits within the range. For detailed strategies and ongoing insights, please contact me. VIP members will receive a complete weekly trading plan, tailored to maximize returns on today’s final moves.
OANDA:XAUUSD
by Falcon-Training-Camp
Tesla at a Critical Level!Tesla is currently sitting at a crucial support level at $205. If the price closes below this level, we could see a retest of $180. A bounce could occur at either $205 or $180, both being strong support levels. Target: Take profit around $296, as indicated by strong resistance at this level. Key Levels: The red lines mark significant support and resistance levels. Rare Scenario: If Tesla breaks below $180, a gap down to $148 might need to be filled, which could present an ultimate buying opportunity. I’m not a financial advisor. Do your own research before making any trades. 📊🚀
NASDAQ:TSLA
by MarketPax
1
Cup & handle and Bullflag have much higher target on logchartHere on the monthly logarithmic chart we can see both the cup and handle and the bull flag that Bitcoin is starting to break upwards from. Both of these patterns are also very much so valid on the linear chart as well, but as usual, the logarithmic version of these patterns has a much higher ensured move target for their breakouts. While there’s a probability we could hit these higher logarithmic targets during this bull ru, often times the logchart patterns take considerably longer to hit their full targets than the linear charts patterns, so there’s also a chance these targets especially the higher cup and handle target could not get hit until next bull run as well. I will go ahead and follow this chart up with the linear version so people can see the contrast between the breakout targets on both styles of chart. Much higher probability we can hit both of these patterns linear chart targets this bull run. *not financial advice*
BITSTAMP:BTCUSD
by DrDovetail
Notcoin continues to live its own lifeIt is extremely strange that against the background of the growth of bitcoin and, as it were, the start of the altseason, notcoin continues to fall, especially when other coins grow by more than 20% per day. Notcoin lives his life and continues to draw a wedge, which will end in about a week. Against the background of the overall growth, of course, an aggressive bullish upward exit is extremely likely, but I am more surprised not by the lack of growth or disappointment with the coin, but by the strength with which notcoin moves according to its own scenario. Perhaps this independence is a good signal for growth potential. Anyway, it's very interesting to see what happens.
CRYPTO:NOTUSD
by makarov4u
GBPUSD H4 I Bullish Bounce Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 1.2921, which is a pullback support close to 50% Fibonacci retracement. Our take profit will be at 1.3949, a multi-swing high resistance. The stop loss will be placed at 1.2860, which is a multi-swing low support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Long
by FXCM
ASX200 H4 | Bullish uptrend to extend furtherASX200 (AUS200) could fall towards an overlap support and potentially bounce off this level to climb higher. Buy entry is at 8,282.88 which is an overlap support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 8,230.00 which is a level that lies underneath an overlap support and the 38.2% Fibonacci retracement level. Take profit is at 8,374.57 which is a multi-swing-high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
FX:AUS200Long
by FXCM
Bullish Gartley + Bullish Pennant Break Combo - XLMHere I have COINBASE:XLMUSD on the Weekly Chart! After the 2.5 Year long Bullish Gartley Harmonic Pattern had finished forming this July 2024, we see Price has been working into a tight Consolidation Pattern called the Pennant! This Harmonic Pattern has been quite the Rollercoaster for longtime COINBASE:XLMUSD investors but with the Bullish Rally brought on this week, we see Price Breaking Above the Falling Resistance of this Pennant Pattern to the .10 area! -If Price can find Support upon retesting the Break of Falling Resistance and stay above, we could see COINBASE:XLMUSD bask in .10 range and Push Higher!! -RSI is now pushing Above 50 after the period of Consolidation stuck just underneath, indicating Bullish Interest is building **If Price is unable to sustain these Higher Prices, this current Bullish Break could become False and we could see Price play back down into the Pennant Pattern! With the Trump/Vance Campaign, we heard a lot of plans and potential being put towards the Cryptocurrency Market and with the win of the Presidency, we could start to see more Interest in this financial area. Further updates will be on Daily Chart!
BITFINEX:XLMUSDLong
by Novi_Fibonacci