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Harmonic Patterns

Waiting for the Liquidity Flush – Will We Get That Drop or a StoCurrently holding a short position and have been waiting for a decent liquidity flush towards my TP zone for almost a day now. The thing that bothers me is how slow the price action is—it's grinding lower, but at the same time, building up a new liquidity shelf just above my entry. This makes me concerned that we might see a quick liquidity sweep to the upside (taking out stops, possibly including mine) before any real move down happens. The area around my TP is loaded with liquidity, but the market seems hesitant to make that push. What’s your opinion—are we likely to get that clean drop soon, or should we brace for a fake-out and stop hunt first?
Short
by SimonCryptoShmel
7
EURUSD Lots of Bearish Clues Popping UpThis is an update to my last post, I'm still waiting for that 4hr candle to close below the last. However, now I'm starting to spot more bearish indications on the 1hr timeframe. First thing I'm noticing is the RSI divergence show that the bullish strength is weakening. RSI on the 4hr + the 1hr are heading lower. Now I'm still waiting for that 4 hour to close below the last but I also want to see this ascending trendline break and hold below as well. In the event we break below this trendline, I'll be looking to go short with my target plotted on the chart.
Short
by Michael_Harding
USD/JPY Bearish Gartley Pattern Completion - SELL SETUP 📊 Trade Overview Pair: USD/JPY Pattern: Bearish Gartley Timeframe: 15 minutes Direction: SHORT Setup Type: Harmonic Pattern Completion + FVG Confluence 🎯 Market Analysis The price is evidently bearish according to market structure, currently in a retracement phase, and I expect a bearish continuation at the 61.8 Fibonacci level of the wave. The harmonic pattern establishes an 88.6 Fibonacci ratio for bearish entry with a balanced and low-risk R/R of 1:1.82 (profit - risk).
Short
by oky_capriatto
Gold Remains Bullish, But Market Needs Correction Before New ATHGold continues to trend upward with consecutive higher highs and higher lows, but a deeper correction may be necessary before the next major bullish leg can begin with conviction. Price action on gold remains firmly in a bullish structure. The market has consistently produced strong impulses followed by shallow pullbacks, signaling aggressive buyer interest. However, from a technical trading perspective, current levels may not offer ideal long entries without a corrective move first. A deeper pullback toward support would reset momentum and offer higher probability setups for trend continuation. Key Technical Points: - Support Zone at $3,177: Daily support with swing low and 0.618 Fibonacci confluence - 50 MA + 51 EMA Support: Dynamic moving averages guiding the higher low structure - Potential Liquidity Sweep: A dip below daily support could trap bears before continuation Gold’s current uptrend is well-defined, with a clear structure of higher highs and higher lows. Each dip has been aggressively bought, and the market has continued climbing with little resistance. However, this type of trend often leads to overextension, and traders are beginning to look for a corrective pullback to create a more sustainable setup. The $3,177 support level is the key zone to watch. Not only does this level represent a daily horizontal support, but just below it sits a key swing low and the 0.618 Fibonacci retracement of the most recent leg higher. This area could serve as a prime candidate for a liquidity sweep—where price briefly dips to trap breakout sellers before reversing back upward. Adding to this, the 50-day moving average and the 51-day exponential moving average are both supporting the trend and aligning with the higher low formation. These moving averages have been providing dynamic support throughout this rally, acting as a technical guide for buyers. While there is always the possibility that gold continues higher from current levels, a pullback toward the $3,177 area would provide a healthier setup. It would allow the market to reset, rebalance, and potentially attract sidelined buyers who missed the initial move. Such a correction would preserve the higher low structure while maintaining bullish integrity. What to Expect in the Coming Price Action: If gold holds above the $3,177 support zone, the bullish trend may resume without deeper retracement. However, a brief dip below that level to sweep liquidity could offer the best long opportunity. Until a corrective move confirms, traders should remain cautious of chasing highs without a valid structure reset. Long bias remains intact as long as the higher low structure holds.
PYTH:XAUUSDLong
by The_Alchemist_Trader_
16
#BTC/UST#BTC The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it. We are seeing a rebound from the lower boundary of the descending channel, which is support at 106,000. We have a downtrend on the RSI indicator that is about to break and retest, supporting the upward trend. We are looking for stability above the 100 moving average. Entry price: 106,600 First target: 106,750 Second target: 107,000 Third target: 107,291
Long
by CryptoAnalystSignal
Gold Accurate Trading StrategyThe recent market has been up and down, and the long and short positions have been frequently switched. Many investment friends are caught off guard or don’t know where to start. As soon as they buy, the price drops, and when they exit, the price rises. In fact, this is the situation that many novice friends will encounter. Here I tell you that when trading, first of all, do not trade frequently. Secondly, you need to have a precise control of the market and stick to your own trading system. Gold trend analysis: Gold technical aspect, yesterday's Asian and European sessions continued to rebound and repair, and the highest reached 3350 and then continued the previous decline. In the US session, it reached the lowest level of 3309 and then continued to rebound to 3336, and also touched the high point of the previous day again. Combined with yesterday's 3350, an effective head and shoulders top pattern was formed in the short term, and the market started to continue to expand the decline in the morning. It started to fall directly after the morning opening. So far, the lowest reached 3288, and the integer support of 3300 was directly broken. Then the short space in the later period has been further expanded. The later target below is maintained at 3250. If this position continues to be lost, it may continue to challenge the 3200 line, and the upper pressure is maintained at the top and bottom conversion of 3310 in the near future. This position is also the limit position of the short-term rebound. At present, gold's hourly and multi-hourly lines show the shape of a falling channel. The daily line is under pressure below the moving average system. The support below the day will also be maintained at 3280. This position is likely to be the day's extreme retracement position, but since the current general trend is in a short position, we will not consider long orders in the short term, and patiently wait for the pullback before continuing to short. The tolerance rate may be higher. During the day, we will still wait to short near 3308-3309, with a target around 3295-3280 and a stop loss of 3318. If the European session is under pressure below 3300 for a long time, we can also consider shorting directly, with a target around 3280.
OANDA:XAUUSDShort
by LeopoldTed
#FORTH (SPOT) to ( 2.5 $ ) ?#FORTH The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward. We have a trend to stabilize above the 100 moving average once again. We have a downtrend on the RSI indicator that supports the upward break. We have a support area at the lower boundary of the channel at 2.300, acting as strong support from which the price can rebound. We have a major support area in green that pushed the price higher at 2.260. Entry price: 2.335 First target: 2.380 Second target: 2.440 Third target: 2.500 To manage risk, don't forget stop loss and capital management. When you reach the first target, save some profits and then change the stop order to an entry order. For inquiries, please comment. Thank you.
Long
by CryptoAnalystSignal
Pyth pump to $0.1018 soon! #PYTH The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward. We have a trend to stabilize above the 100 moving average once again. We have a downtrend on the RSI indicator that supports the upward break. We have a support area at the lower boundary of the channel at 0.0895, acting as strong support from which the price can rebound. We have a major support area in green that pushed the price upward at 0.085. Entry price: 0.0936 First target: 0.0968 Second target: 0.0993 Third target: 0.1018 To manage risk, don't forget stop loss and capital management. When you reach the first target, save some profits and then change the stop order to an entry order. For inquiries, please comment. Thank you.
Long
by CryptoAnalystSignal
PCE data week gold under pressure! Rebound high altitude strategFrom the analysis of the 4-hour trend of gold, the price of gold continued to decline after opening today. In view of the particularity of the closing stage of the weekly line, it is recommended that you avoid blindly chasing shorts and should adhere to the idea of ​​​​swinging short trading. The technical level shows that the Bollinger Bands in the 4-hour cycle show a clear closing trend, and the price is constrained by the operation below the middle track, and the short-term weak pattern is established. In terms of operation strategy, it is recommended to adopt a rebound short-selling-dominated strategy, focusing on the key pressure range of 3311-3316. It is necessary to arrange short orders in batches according to the strength of the rebound, and the lower target is to look at the support area of ​​3265-3260. Based on the comprehensive technical indicators, gold currently maintains a short trend, and it is recommended to use a rebound short-selling strategy as the main operation. Operation strategy: Gold is recommended to rebound in the 3311-3316 area to short, stop loss at 3324, target 3300-3280
OANDA:XAUUSDShort
by LeopoldTed
1
USDCAD Strongest long-term Sell in the market right now.At the beginning of the year (January 15, see chart below), we made an unpopular bearish call at the time, hinting that the USDCAD pair was approaching its Resistance Zone, hence a multi-year Top was in order: As you can see, the moment the price hit that Resistance Zone, it got instantly rejected and a new Bearish Leg started, which has extended up to this day. This time we view this on the 1M time-frame where the Support levels are more clearly illustrated. More particularly, the 1M MA50 (blue trend-line) poses as the first one, in fact it has been holding since September 2022. Our Target is still located at 1.26000, which is marginally above the 0236 Fibonacci level, which has been the 1st Target during both previous Bearish Legs. Also it is where the 1M MA200 (orange trend-line) is headed to, and there are high chances of a long-term bounce there. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
3
Gold Trade Plan 27/06/2025Dear Traders, 📉 XAUUSD Technical Analysis – June 27, 2025 On the 4-hour chart, Gold has faced selling pressure after testing the resistance at 3359, and is now correcting down toward the key support zone at 3250–3280. 📌 Key Support Zone: 3250 – 3280 📌 Major Resistance: 3359 🔹 The price is currently testing the lower edge of this support zone. If we see bullish reversal candles (such as a hammer or bullish engulfing) in this area, we may expect a bounce back toward the rising trendline or even a retest of the 3359 level. 🔻 However, if the 3250 support fails to hold, a deeper drop toward 3200 or lower could follow. 🛑 The U.S.–China agreement news could have a direct impact on gold’s corrective trend. Caution is advised when entering trades.
OANDA:XAUUSDLong
by alirezak
Gold Holds Steady as Focus Shifts to Fed Policy Over GeopoliticaGold Holds Steady as Focus Shifts to Fed Policy Over Geopolitical Risk - Gold prices remained resilient. The US Dollar Index slipped 0.23% to 97.74, while U.S. equities ended mixed as markets braced for Federal Reserve policy signals. - The Israel-Iran ceasefire has eased geopolitical concerns, typically a bearish signal for gold. However, the metal’s continued strength, outperforming the weaker dollar, points to renewed institutional and retail accumulation. This highlights a key shift: investors are now prioritising monetary policy outlooks over crisis-driven moves. - All eyes are on Fed Chair Jerome Powell’s congressional testimony, with particular focus on his comments regarding tariffs and interest rates. The CME’s FedWatch tool now shows a 24.8% probability of a July rate cut. Powell’s cautious tone—balancing inflation risks from potential tariffs against economic softness—has added uncertainty to the rate path, especially amid political pressure from the Trump administration. - Gold’s recent price action suggests it’s evolving from a pure safe-haven asset into a hedge against broader monetary and economic instability. With geopolitical tensions easing, traders are now closely watching the Fed’s next steps and the dollar’s direction as key drivers of gold’s trajectory.
FX:XAUUSDShort
by SampsonNorton
BTCUSDTHi snipers. On the one-day timeframe, we are witnessing the formation of a harmonic pattern called a flag. This pattern usually forms in the middle of a trend and then the previous trend continues. The flag consists of two parts: a bar and a flag. In the flag, the price is moving in a channel between two parallel lines. If the price breaks through and crosses the upper ceiling of the channel, we will probably reach new prices. I am practicing and learning. This is not a buy or sell offer.
Long
by Hosseinshokrii
Gold bulls pay attention to risk aversionGold bulls pay attention to risk aversion Today, the price of gold still has a large room for decline, and bulls need to pay attention to risk aversion. When the price of gold hovered around $3,330, bulls began to rise collectively, as if the Federal Reserve was going to cut interest rates tomorrow and a world war was about to break out in the Middle East. Wake up! Is this kind of fluctuation worthy of being called a market? 1. The "risk aversion sentiment" that bulls hyped up to the sky has long cooled down Israel and Iran are no longer able to fight again, and Trump also said that both sides are "exhausted", but gold is still pretending to be "risk aversion"? I laughed to death, do you really think the market is stupid? Red Sea shipping friction? This matter has been hyped for half a year, should gold rise? No! This shows that the market does not buy it at all. 2. Expectations of a rate cut by the Federal Reserve? Don't dream! If the PCE data tonight is higher than expected, the price of gold will dive directly. Now the hawkish voices within the Federal Reserve are getting stronger and stronger. Powell said that "interest rate cuts may be possible", but what is the actual situation? Inflation data rebounded slightly, and gold prices suffered a heavy blow. 3. Technical aspects? This is just the last fig leaf for the bulls. 3300 support? Any negative data will destroy it. Gold is now in a volatile market, with both ups and downs, and it is completely dependent on news support. If the PCE data is negative tonight, 3250 points will definitely be broken. At that time, the bulls will find an excuse to say "the adjustment is temporary." Wake up and avoid risks quickly. Suggestions: The 3300 support level of gold price becomes a pressure level If it falls below $3,300, try to short gold at a high level. The stop loss is set in the 3300-3310 range The support level below the gold price: 3250-3200-3165
OANDA:XAUUSD
by Isla_suri001