Get started

Harmonic Patterns

LTCUSDT Short Setup from Range ResistanceLTCUSDT is trading near a key resistance level at $85.74, which marks the upper boundary of a clearly defined consolidation range. After multiple rejections in this zone, the price has once again failed to break higher — signaling potential downside pressure. A short entry has been placed at $85.74, targeting the bottom of the range near $82.37, while the stop loss is placed just above the most recent swing highs at $86.84. This setup is based on a range-trading strategy, with price respecting both support and resistance levels repeatedly. 🧩 Trade Parameters: - Entry: $85.74 - Stop Loss: $86.84 - Take Profit: $82.37 🔢 Risk:Reward Calculation: - Risk: 86.84 - 85.74 = $1.10 - Reward: 85.74 - 82.37 = $3.37 - Risk:Reward Ratio: 1 : 3.06 ✅ (Excellent) ✅ Bias: Bearish rejection at range resistance 🔄 Confirmation: - Clear rejection candle at the top of the range - Failure to close above $86 - Momentum shift on lower timeframes ❌ Invalidation: Break and hold above $86.84 — indicates range breakout or trend reversal
Short
by NakamotoZzzz
1
XAUUSDTHE united state interest rate stands at 4.25%-4.5% the US10Y open the day at 4.293% and closes 4.26% a significant drop from may high of 4.62% the dollar index is heading to 96$ after open 97.611$ to close 97.313$. Final GDP q/q Actual: -0.5% Forecast: -0.2% Previous: -0.2% The US economy contracted by 0.5% in the first quarter, worse than the expected 0.2% decline, indicating a sharper slowdown than anticipated. 2. Unemployment Claims Initial Claims: 236,000 Forecast: 244,000 Previous: 245,000 Initial jobless claims fell by 10,000 to 236,000, lower than forecast and near historically low levels, suggesting that layoffs remain relatively subdued despite economic challenges. 3. Core Durable Goods Orders m/m Actual: +0.5% Forecast: +0.1% Previous: +0.2% Core durable goods orders, which exclude transportation, rose 0.5% month-over-month, beating expectations and signaling some resilience in business investment. 4. Durable Goods Orders m/m Actual: +16.4% Forecast: +8.6% Previous: -6.3% Total durable goods orders surged 16.4%, a strong rebound following a prior decline, indicating a pickup in demand for long-lasting manufactured goods. 5. Final GDP Price Index q/q Actual: 3.7% This measure of inflation in the GDP deflator remains elevated, reflecting persistent price pressures in the economy. Summary of Market Implications: The larger-than-expected GDP contraction signals economic weakness, which could increase expectations for accommodative Fed policy. The drop in initial jobless claims supports the view that layoffs are limited, but rising continuing claims suggest some labor market softness ahead. Strong durable goods orders point to underlying business investment strength, providing a mixed but cautiously optimistic outlook. Elevated inflation as shown by the GDP price index keeps inflation concerns alive. Overall, the data presents a complex picture of a slowing economy with pockets of resilience and ongoing inflationary pressures the interest rate remains 4.24%-4.5% ,the bond market remain weak on fiscal policy challenges and pending rate outlook. the 10 year bond yield is trading around 4.291% -4.26% and edge lower from fundamental outlook. gold on ascending trendline connecting April till June and found support at 3312-3314. buyers during newyork session will build momentum on technical to bridge 3350 supply . break below 3311-3314 will heading to my demand floor .
PEPPERSTONE:XAUUSDLong
by SampsonNorton
2
CLSK / 2hNASDAQ:CLSK may have ended the impulse in wave c of an expanded flat in wave (x) at 10.83 today. Wave Analysis >> The retracement in impulse c of the flat correction in (x) may have ended at 10.83 today, and the anticipated following decline of 26% will soon develop a three-wave sequence as wave (y) to conclude the entire correction in wave ii(circled). The retracing down target >> 7.93 Trend Analysis >> After the conclusion of the entire correction in the Minute degree wave ii(circled), the trend will turn upward soon to an impulsive third wave in the same degree. #CryptoStocks #CLSK #BTCMining #Bitcoin #BTC
NASDAQ:CLSK
by ElliottChart
1
Update last post# Scalping Strategy Using BOS & OB | Gold Spot | by Mohsen Mozafari Nejad 🔸 **Chart:** Gold Spot / USD (XAU/USD) 🔸 **Timeframe:** 30min 🔸 **Style:** Heikin Ashi 🔸 **Method:** Smart Money Concepts (SMC) 🔸 **Focus:** BOS (Break of Structure), OB (Order Block), TLQ (Top Liquidity Quest) --- ## 🔍 Market Context: - **Market Structure:** Bearish (Higher Timeframe) - **Short-Term Trend:** MSU (Market Structure Up) - **Efficiency:** ✅ Confirmed — price action has filled major imbalances --- ## 🧠 Technical Breakdown: 1. Multiple **BOS** levels suggest active momentum shifts 2. **TLQ** has formed at the recent HH — liquidity likely grabbed 3. **OB Demand Zone** (labeled A) marked for bullish reaction 4. Expecting short-term rally from OB (A) to (B) 5. Watch for reversal at TLQ/B to drop toward (C) --- ## 📌 Scalping Plan: - **Entry:** Wait for CHoCH / bullish confirmation inside OB (A) - **SL:** Just below OB (≈ 3327) - **TP1:** Near TLQ or zone (B) - **TP2:** Possible extended run if liquidity is swept --- ## 🚨 Alternate Bearish Scenario: > If price breaks below OB (A), > → Look for short setup toward 3314–3310 (target C) --- ## ✅ Summary: Scalping based on Smart Money flow: **BOS ➝ OB ➝ Liquidity ➝ Reaction** Structure: 🟥 Bearish Efficiency: ✅ Efficient MS: 🔼 MSU (locally bullish) --- 📊 Prepared by: **Mohsen Mozafari Nejad**
OANDA:XAUUSD
by mmozafari1357
WULF / 2hNASDAQ:WULF rose by 15.5% today! An unexpected counter-trend rally, which may be considered the last high in June. Wave Analysis >> According to my bearish alternative >> as depicted on the 2h-frame above, the correction in wave b(circled) may have remained at the extreme of its second subdivision in wave (b), a final decline as the last subdivision in wave (c) would likely follow to complete the entire correction of wave b(circled) in a three-wave sequence like a zigzag or flat formation. The expected targets >> 3.36 >> 3.28 >> 3.05 #CryptoStocks #WULF #BTCMining #Bitcoin #BTC
NASDAQ:WULF
by ElliottChart
Global Gold at the Crossroads of CrisisGold’s response to historic geopolitical crises demonstrates that while “big fear” is rapidly priced in, the durability of rallies—or the depth of corrections—depends on a confluence of monetary policy, dollar valuation, oil prices, and the genuine scale of the threat. At present, the gold market sits squarely between global “fear of instability” and “hope for de-escalation.” Divergent signals from the Fed, global central banks, and oil markets only deepen volatility, making investor decisions more complex. As previous wars (Iran–Iraq, Ukraine) have shown, gold is prone to both scenarios, but its long-term direction will be shaped by a mix of economic, policy, and psychological factors.
COMEX:GC1!
by amir.etasi
Scalping Strategy Using BOS & OB | Gold Spot | by Mohsen MozafarDescription: > This is a 30-minute scalping setup on Gold Spot (XAU/USD), based on Smart Money Concepts (SMC) — focusing on Break of Structure (BOS) and Order Blocks (OB). Analysis and strategy are prepared by Mohsen Mozafari Nejad. --- 📊 Market Context: Current Structure: Bearish Short-Term Market Structure: MSU (Market Structure Up) Efficiency: Confirmed (clean price action & response zones) --- 🧠 Technical Highlights: 1. Double BOS confirms recent shifts in momentum 2. TLQ (Top Liquidity Quest) formed after HH (Higher High) and liquidity sweep 3. Key Demand OB identified (labeled A) — valid based on BOS confirmation 4. Expecting a bounce from OB (A) towards (B) as a reaction to unfilled imbalance 5. Potential drop from TLQ zone (B) to (C) if liquidity is fully absorbed --- 🎯 Scalping Plan: Entry Zone: Order Block at (A), waiting for CHoCH or bullish price action confirmation (preferably on lower timeframe like M5) Stop Loss: Just below OB (around 3327) Take Profits: TP1: Near TLQ / Extreme zone (B) TP2: Further liquidity grab or possible continuation above previous HH --- ❗ Alternative Bearish Scenario: If price fails to hold at OB (A) and breaks below 3327 with BOS, → short opportunity opens toward new lows at 3314–3310 (labeled C). --- ✅ Summary: This is a clean scalping setup following SMC principles: BOS → OB → Liquidity → Reaction Focus on structure, precision, and quick confirmation signals. Prepared by: 📌 Mohsen Mozafari Nejad
OANDA:XAUUSD
by mmozafari1357
1
BTC Rebounds After 100000 Drop, Eyeing Short at 109500 Resistanc📈 BTC Rebounds After 100000 Drop, Eyeing Short at 109500 Resistance BTC dropped below the 100000 threshold 🔻 and then rebounded near 98000 🔺. This movement is related to the decline of DXY and the reduction of geopolitical risks. Now, BTC is challenging the 110000 level 🔼. The overhead resistance is around 109500. First - time tests of the 110000 level typically trigger pullbacks, so we favor short positions here 📉 🚀 Sell@109500 - 108500 🚀 TP 107500 - 106500 - 105500 Accurate signals are updated every day 📈 If you encounter any problems during trading, these signals can serve as your reliable guide 🧭 Feel free to refer to them! I sincerely hope they'll be of great help to you 🌟 👇
BITSTAMP:BTCUSDShort
by Sovereign_11
1
Gold: Resistance Validated, Short at 3340-3350 Tomorrow📈 Gold Trading Recap & Tomorrow's Strategy: Resistance Holds, Short Opportunities Persist 💎 Today's newly updated live short strategy hit the TP target successfully! As mentioned earlier, when gold failed to break the support level, we anticipated it to range around 3330—today's trades were precisely centered on this logic. The 3350 resistance was also validated firmly during the session. 💎 Expect further upside in tomorrow's Asian session—recommend continuing short positions within the 3340-3350 range 🚀 🚀 Sell@3350 - 3345 🚀 TP 3335 - 3325 - 3315 Accurate signals are updated every day 📈 If you encounter any problems during trading, these signals can serve as your reliable guide 🧭 Feel free to refer to them! I sincerely hope they'll be of great help to you 🌟 👇
OANDA:XAUUSDShort
by Sovereign_11
Altcoins in Bullish Channel with 5 touches on Support LineAltcoin Market (TOTAL3) – Quiet Strength Building for a Breakout The TOTAL3 chart, which tracks the market cap of all crypto assets excluding Bitcoin and Ethereum, is quietly painting one of the most structurally bullish setups in the entire digital asset space. Here’s the technical backdrop: Bullish Channel Structure: Since July 2024, TOTAL3 has respected a clean upward channel with five distinct support touches, reinforcing the trend’s integrity. Every dip has been bought, and price has continued to press higher within the channel — a textbook sign of sustained accumulation and orderly uptrend behavior. Macro Tailwinds Aligning: The backdrop is starting to shift decisively in crypto’s favor: Iran–Israel Truce and signs of a potential Ukraine resolution have defused major geopolitical risk. Oil prices are trading near 2024–2025 lows, suggesting that deflationary forces are dominant — giving the Fed cover to cut rates earlier than expected, potentially as soon as July. A rate cut into a structurally uptrending TOTAL3 chart would be a powerful catalyst — especially as liquidity tends to flow fastest into altcoins once macro uncertainty clears. Market Rotation Potential: With BTC and ETH already having made strong moves, TOTAL3 is primed to catch inflows from profit rotation. Historically, altcoins outperform after macro clarity and initial BTC/ETH strength — and the structure here supports that thesis. Bottom Line: The stage is set. TOTAL3 is trading in a well-defined bullish channel with proven support, while macro clarity and easing financial conditions could provide the ignition. Altcoins are quietly coiling, and the breakout may arrive faster — and stronger — than many expect.
CRYPTOCAP:TOTAL3Long
by DanOxAm
2
Gold - The final resistance breakout!Gold - TVC:GOLD - prepares a final rally: (click chart above to see the in depth analysis👆🏻) Over the past 12 months, Gold rallied more than +70%. However the past three months clearly rejected a major horizontal resistance. But price action on the smaller timeframe remains incredibly bullish. Therefore an all time high breakout will most likely follow. Levels to watch: $3.500 Keep your long term vision! Philip (BasicTrading)
TVC:GOLDLong
by basictradingtv
16