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Harmonic Patterns

Bullish bounce off pullback support?USO/USD is falling towards the support level that aligns with the 161.8% Fibonacci extension and the 50% Fibonacci retracement and could bounce from this level to our take profit. Entry: 75.03 Why we like it: There is a pullback support level that aligns with the 161.8% Fibonacci extension and the 50% Fibonacci retracement. Stop loss: 73.03 Why we like it: There is an overlap support level that is slightly below the 61.8% Fibonacci retracement. Take profit: 77.44 Why we like it: There is an overlap resistance level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
VANTAGE:USOUSDLong
by VantageMarkets
Heading into 61.8% Fibonacci resistance?XAG/USD is rising towards the resistance level which is an overlap resistance that aligns with the 61.8% Fibonacci retracement and could reverse from this level to our take profit. Entry: 30.64 Why we like it: There is an overlap resistance level that aligns with the 61.8% Fibonacci retracement. Stop loss: 30.91 Why we like it: There is a pullback resistance level. Take profit: 30.10 Why we like it: There is a pullback support level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
VANTAGE:XAGUSDShort
by VantageMarkets
Potential bearish drop?USD/JPY has reacted off the resistance level which is a pullback resistance that aligns with the 50% Fibonacci retracement and could drop from this level to our take profit. Entry: 156.59 Why we like it: There is a pullback resistance level that aligns with the 50% Fibonacci retracement. Stop loss: 158.13 Why we like it: There is a pullback resistance level. Take profit: 154.74 Why we like it: There is an overlap support level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
Short
by VantageMarkets
Bearish drop?USD/CHF is reacting off the resistance level which is an overlap resistance that aligns with the 38.2% Fibonacci retracement and could drop from this level to our take profit. Entry: 0.9099 Why we like it: There is an overlap resistance level that lines up with the 38.2% Fibonacci retracement. Stop loss: 0.9152 Why we like it: There is a pullback resistance level that is slightly below the 78.6% Fibonacci retracement. Take profit: 0.9008 Why we like it: There is an overlap support level that is slightly below the 38.2% Fibonacci retracement. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
Short
by VantageMarkets
Public trade #15 - #TRX price analysis ( Tron )Earlier we wrote that if you want a stable crypto deposit growth, then invest in CRYPTOCAP:TRX And although the fate of the project, roughly speaking, depends on one person, this person loves his creation!) 📊 Instead of a thousand words, just compare what happened to the alts in 2020 or 2022 and how stable the course and price vector of OKX:TRXUSDT was. So, if you don't have #Tron in your investment portfolio yet, you should probably buy it at around $0.23. And buckets for “what if” in the range of $0.165-0.18 💰 Justin Sun - Just do it - #TRX to $1.7 !) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
3
Gold – Approaching All Time Highs AgainGold has risen for 3 weeks in a row to start 2025, leading it back to a 2 month high at 2763 and more importantly only 1.5% away from its October 2024 all time high of 2790. While Gold prices have been underpinned by on-going demand from global central banks, namely China, its attraction as a safe haven against uncertainty surrounding the path of inflation, a weaker global economy, higher government spending and geo-political risks have kept it at the forefront of many investor portfolios. This recent push to the highs has been in response to President Trump's outlining of potential trade tariffs on China, Canada, EU and Mexico across the week. While it is unsure whether these are merely threats or he will actually follow through with his plans, the mere potential has been enough to keep Gold in demand, for now at least. With that in mind, it is important to remember that Gold has been to these levels before and reversed lower, so there is no guarantee of a retest or break to new upside levels. Excessive long positioning, further dollar strength or a shift in market expectations away from Fed interest rate cuts in 2025 could be enough to see an unwind back to the downside. Technical Outlook: Bollinger Bands We often emphasise the potential importance of the Bollinger mid-average within a trending market, with it marking support within a positive price trend, and resistance within a downtrend. Therefore, it has been interesting that any weakness in the Gold price was supported by the rising weekly Bollinger mid-average, from which fresh attempts to the upside have resumed. Not only that, the latest price strength has recently broken resistance at 2721 which was the late November 2024 bounce failure high, which may in time lead to a more extended advance. Much clearly depends on future price trends, but the latest upside appears to maintain what is a pattern of higher highs and higher lows, in place since the September 2022 downside extremes at 1615. Potential Resistance: All Time High The next resistance focus for traders, could now be 2790, the October 2024 all-time high, which having held and reversed previous price strength, may be able to do so again. As such, the closing defence of this key level is watched, as it could offer clues to the next direction of possible price moves. Just because breaks of previous all-time highs have seen further upside in the past, is no guarantee it will do so again, but successful closing breaks above the 2790 resistance may open up scope to higher levels. It is always hard to gauge potential resistance points as prices push to new all-time highs but using Fibonacci extension levels of the latest October to November 2024 sell-off, may offer some insight. The 38% extension of this setback stands at 2886, which may provide strong resistance to any further advance, although if that level was to break, then 2945, which is the higher 62% extension may become relevant. Potential Support: Weekly Bollinger Mid-Average In terms of support, it may well still be the rising weekly Bollinger mid-average, which is important. This currently stands at 2664, so any dips in price may consolidate around this level. However, this giving way on a weekly closing basis, may suggest the recent upside strength is under pressure, with possibilities for a more extended phase of price weakness. The material provided here has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Whilst it is not subject to any prohibition on dealing ahead of the dissemination of investment research, we will not seek to take any advantage before providing it to our clients. Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted.
PEPPERSTONE:XAUUSD
by Pepperstone
$OM x DAMAC: Pioneering a $16T MarketHUGE: NASDAQ:OM locks in SEED_TVCODER77_ETHBTCDATA:1B tokenization deal with Dubai real estate giant DAMAC 🔥 @MANTRA_Chain is the only regulated RWA chain delivering real adoption: 🔆DAMAC: SEED_TVCODER77_ETHBTCDATA:1B tokenization (right after their FWB:20B US plan) 🔆Google Cloud partnership 🔆MAG: $500M UAE real estate 🔆Novus: $200B aviation market 🔆 FWB:16T market potential Still think top 20 is the ceiling? Think institutional. 🏢 #MANTRA #DAMAC #Altcoins #RWAs
Long
by Patcummins09
$OM x DAMAC: Pioneering a $16T MarketHUGE: NASDAQ:OM locks in SEED_TVCODER77_ETHBTCDATA:1B tokenization deal with Dubai real estate giant DAMAC 🔥 @MANTRA_Chain is the only regulated RWA chain delivering real adoption: 🔆DAMAC: SEED_TVCODER77_ETHBTCDATA:1B tokenization (right after their FWB:20B US plan) 🔆Google Cloud partnership 🔆MAG: $500M UAE real estate 🔆Novus: $200B aviation market 🔆 FWB:16T market potential Still think top 20 is the ceiling? Think institutional. 🏢 #MANTRA #DAMAC #Altcoins #RWAs
Long
by Patcummins09
Dubai: The Home of $OM Revolution2025 is set to be the breakthrough year for RWA tokenization, and I've discovered the project leading this revolution: NASDAQ:OM - @MANTRA_Chain What sets MANTRA apart? 1) First-Mover Advantage: Leading regulated RWA-focused blockchain 2) Major Partnerships: SEED_TVCODER77_ETHBTCDATA:1B DAMAC deal + $500M MAG investment plans 3) Google Cloud Backed: Enterprise-grade infrastructure support 4) Global Scalability: Positioned to capture the FWB:16T RWA market by 2030 IMO, NASDAQ:OM 🧲 $10 #MANTRA #Tokenization #Binance #Whales
Long
by emawilliams
Dubai: The Home of $OM Revolution2025 is set to be the breakthrough year for RWA tokenization, and I've discovered the project leading this revolution: NASDAQ:OM - @MANTRA_Chain What sets MANTRA apart? 1) First-Mover Advantage: Leading regulated RWA-focused blockchain 2) Major Partnerships: SEED_TVCODER77_ETHBTCDATA:1B DAMAC deal + $500M MAG investment plans 3) Google Cloud Backed: Enterprise-grade infrastructure support 4) Global Scalability: Positioned to capture the FWB:16T RWA market by 2030 IMO, NASDAQ:OM 🧲 $10 #MANTRA #Tokenization #Binance #Whales
Long
by emawilliams