Get started

Harmonic Patterns

#UPDATE FOR BTCUSDMy team and I are closely watching a potential bullish opportunity on the BTCUSD pair. The next step is to see when the price reaches our support zone and how it reacts. Stay tuned for more updates by following T-G . Before taking any step confirmation should be taken by analyzing more deeply in smaller time frame, when markets open. Remember, always use calculated stoploss for your trade. What are your thoughts? Share your insights below and let’s spark the discussion!
BITSTAMP:BTCUSDLong
by amywade6257
XAUUSD - what will happen next?Here is our view and update on XAUUSD . Potential opportunities and what to look out on the pair and sharing possible entries and important Key Levels . Alright so, we have completed our long-term analysis on OANDA:XAUUSD here we can take a look at it now: We got a lot of questions such as; what will gold do now? Buy or sell? Let’s break it down. XAUUSD is currently trading at around 2750s . We are sharing a few possible scenarios on gold and these scenarios are written from just a TA (Technical Analysis) point of view. Scenario 1: BUYS -We above 2763. With the break of today’s highs at 2763 we can expect more upside on gold potentially slowly coming up to golds ATH (All Time High) sitting at 2790. With this in mind we can buy in at the breaks of 2763. Scenario 2: SELLS -We broke below 2750. With the break of 2750 we can expect more sells on gold after such a massive upside move. As long as we are trading below 2750 we can expect pullbacks down to 2720s or deeper pullbacks even up to 2700. Keeping this in mind, we can hop into sells at the breaks of the 2750 Key Level. IMPORTANT KEY LEVELS: -2763; breaks above would result in gold revisiting ATH (All Time High) -2750; breaks below would result in sells -2740; breaks below confirming lower levels -2720; breaks below confirming lower levels -2690; breaks below would confirm gold is bearish and we should see lower levels (2590..) Personal opinion: After gold has completed our longterm pre-planned analysis and has made such a massive upside move, we can expect some short term sells. Be careful at the breaks of mentioned levels and don’t rush into trades. As of now we are in a “no trade zone” until we break either to the upside or downside. KEY NOTES - XAUUSD breaking above 2763 would confirm buys and higher levels. - XAUUSD breaking below 2750 would confirm sells. - Breaks below 2740 would confirm lower levels. - Trades are only valid if we break the mentioned levels. Happy trading! FxPocket
OANDA:XAUUSD
by FxPocket
1
itcoin Intraday Highlights (Thesis Prediction)Market Position: Current Price: $104,492.92, down -1.56% in the last 24 hours. Resistance: $106,394 | Support: $103,700. Trend: Short-term bearish but within consolidation as price stays inside Bollinger Bands. Key Technical Indicators: RSI (14): 45.38, approaching neutral, easing selling pressure. MACD (30-min): Bearish signal, with histogram at -141.18. Bollinger Bands: Price near the lower band, suggesting potential support or further downside. On-Chain Insights: Exchange Balances: Binance BTC holdings at 1.81M BTC, signaling reduced selling pressure. Funding Rates (Binance): Neutral (0.00100%), indicating no strong directional bias. Market Sentiment: Fear & Greed Index: 84 (Extreme Greed) despite recent decline. Trading Volume: Dropped -31.89% to $112.68B, signaling reduced activity or consolidation. Scenarios: Bullish (35%): Rebound from $103,700 support; test of $106,000+. Bearish (50%): Break below $103,700; potential drop to $100,000. Sideways (15%): Range-bound trading between $103,700–$106,394 until a catalyst appears. Note: Watch for breakout or breakdown signals and manage risk due to Bitcoin's high volatility.
by titankarma
Monthly CLS, KL Monthly OB, Model 1 , ReversalMonthly CLS, KL Monthly OB, Model 1 , Reversal you are welcome to comment with your thoughts and share your charts or questions below, I like any constructive discussion. What is CLS? This company is trading for the biggest investment banks and central banks. They trade over 6.5 trillion daily volume. They are smart money of the all markets. CLS operates in the specific times which will give you huge advantage and precisions to you entries. Focus on that. Its accuracy is amazing. Good luck and I hope this educational post helps to become better trader “Adapt what is useful, reject what is useless, and add what is specifically your own.” Dave FX Hunter ⚔
CAPITALCOM:DXY
by Dave-Hunter
17
A Clear Cup and handle formation on Solana.When a chart pattern forms a Cup and Handle, it typically signals a bullish continuation pattern, suggesting that the price is likely to break out to the upside after a period of consolidation. This pattern is commonly seen in stocks, cryptocurrencies, and other financial assets. Key Characteristics of the Cup and Handle Pattern: Cup Formation: The price gradually declines, forming a rounded bottom. This phase indicates accumulation and consolidation. Volume usually decreases during the cup formation. Handle Formation: After the cup, a small downward drift (handle) forms, representing a pullback. The handle is usually a short-term consolidation before a breakout. Volume typically contracts further during this phase. Breakout: Once the price breaks above the resistance level (the cup’s rim), a bullish move is expected. Volume should ideally increase significantly during the breakout. Trading the Cup and Handle Pattern: Entry Point: Enter a trade when the price breaks above the resistance (the highest point of the cup). Some traders wait for a retest of the breakout level for confirmation. Stop Loss: Set a stop loss below the handle's low or the cup’s bottom to minimize risk. Profit Target: Measure the depth of the cup and project that distance upwards from the breakout point. For example, if the cup depth is $10, the expected price target after breakout would be $10 above the breakout level. Limitations of the Pattern: False breakouts can occur, leading to losses. The pattern works better in strong bullish market conditions. A prolonged handle could indicate market hesitation and invalidate the pattern.
Long
by Abstaina44
TRUMP/USDT: Super Strong Bullish Momentum🚀 Trade Setup Details: 🕯 #TRUMP/USDT 🔼 Buy | Long 🔼 ⌛️ TimeFrame: 1H -------------------- 🛡 Risk Management: 🛡 If Your Account Balance: $1000 🛡 If Your Loss-Limit: 1% 🛡 Then Your Signal Margin: $25.32 -------------------- ☄️ En1: 52.24 (Amount: $2.53) ☄️ En2: 46.35 (Amount: $8.86) ☄️ En3: 42.15 (Amount: $11.39) ☄️ En4: 37.95 (Amount: $2.53) -------------------- ☄️ If All Entries Are Activated, Then: ☄️ Average.En: 44.21 ($25.32) -------------------- ☑️ TP1: 77.24 (+74.71%) (RR:1.89) ☑️ TP2: 87.94 (+98.91%) (RR:2.5) ☑️ TP3: 101.54 (+129.68%) (RR:3.28) ☑️ TP4: 118.83 (+168.79%) (RR:4.27) ☑️ TP5: 137.93 (+211.99%) (RR:5.37) ☑️ TP6: Open 🔝 -------------------- ❌ SL: 26.75 (-39.49%) (-$10) -------------------- 💯 Maximum.Lev: 1X ⌛️ Trading Type: Swing Trading ‼️ Signal Risk: 🙂 Low-Risk! 🙂 🔎 Technical Analysis Breakdown: This technical analysis is based on Price Action, Eliot Waves, SMC (Smart Money Concepts), and ICT (Inner Circle Trader) concepts. All entry points, Target Points, and Stop Loss are calculated based on professional mathematics formulas as a result you can have an optimal trade setup based on great risk management. 📊 Sentiment & Market Context: The TRUMP/USDT pair is currently experiencing growing bullish sentiment, with increasing buying pressure pushing the price toward critical resistance levels. As the broader crypto market shows signs of optimism, the TRUMP coin is catching the attention of traders looking for strong potential gains. Key technical indicators suggest a possible breakout, but with volatility in play, careful monitoring is essential. On the fundamental side, TRUMP coin’s growing community support and unique positioning in the crypto space offer a promising outlook, though its long-term performance will depend on continued adoption and market trends. Keep an eye on price action for any signs of consolidation or breakout opportunities! ⚠️ Disclaimer: Trading involves significant risk, and past performance does not guarantee future results. This analysis is for informational purposes only and should not be considered financial advice. Always conduct your research and trade responsibly. 💡 Stay Updated: Like this technical analysis? Follow me for more in-depth insights, technical setups, and market updates. Let's trade smarter together!
Long
by MergicNet
AUDCHF Having a strong rebound on the 1.5 year Support.Last time we looked at AUDCHF (October 01 2024, see chart below), we took a long-term short trade based on the multi-year Channel Down: The 0.56000 Target got hit and yet again the 1.5 year Support Zone (since August 2023) held. Sooner or later, this demand zone should break the pattern upwards and reverse the bearish trend. Until then, we can continue buying on the Support Zone and target the Lower Highs. This time that trend-line happens to be where the 1W MA50 (blue trend-line) is headed at, so our Target is now 0.58000. Apart from the Support Zone, we will only buy if the price breaks above Resistance 1, which will be past a Channel Down bullish break-out also, and target the 1W MA200 (orange trend-line) and Resistance 2 at 0.61000. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
NETFLIX New Bullish Leg to $1140 has started.Netflix (NFLX) has been trading within a long-term Channel Up since the October 18 2023 Low. Every time that the price broke below and later recovered the 1D MA50 (blue trend-line), it was the most efficient buy signal of the pattern. This is what took place yesterday, we had the first recovery above the 1D MA50 since the break below it on Jan 10. Along with the inevitable Bullish Cross below the 0.0 level on the 1D MACD (which again has been the best buy signal all these years), we expect the new technical Bullish Leg of the Channel Up to start. So far we've had 5 core Bullish Legs and as you can see the tend to rise by roughly the same amount two at a time. The first two have been roughly +40%, then the next two +25% and the one before +38.71%. It is fair to assume that the one that has just started will be of around +38.71% too. As a result, we can place our Target a little lower for less risk and aim at $1100. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:NFLXLong
by TradingShot
XAUUSD is on correction Gold prices are rising sharply because the US Dollar (DX) is weakening due to Trump's tariff speculations. This situation is creating strong buying pressure on gold. If the price stays above the key level of $2748-50 support area the next target could be $2790 or even record highs. I entered a sell position at 2758 and it is still active. I plan to hold this position to gain more profit. Follow this strategy if it aligns with your trading goals. If 2750 turns invalidate, next gold will be on 2740 mark.
FOREXCOM:XAUUSDShort
by Forexmaestro121