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Harmonic Patterns

Could the Gold bounce from here?The price is falling towards the pivot and could bounce to the pullback resistance level. Pivot: 2,722.29 1st Support: 2,685.29 1st Resistance: 2,758.83 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:XAUUSDLong
by ICmarkets
Bullish bounce?AUD/CHF is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance which acts as an overlap resistance. Pivot: 0.56660 1st Support: 0.56097 1st Resistance: 0.57309 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
Bearish drop?AUD/NZD is reacting off the pivot which has been identified as a pullback resistance and could drop to the 1st support which acts as a pullback support. Pivot: 1.10273 1st Support: 1.09686 1st Resistance: 1.10909 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
1
GBPJPY H1 | Bearish Drop Based on the H1 chart analysis, we can see that the price has just reacted off our sell entry at 197.38, which is an overlap resistance. Our take profit will be at 196.18, a pullback support level close to 78.6% Fibo retracement. The stop loss will be placed at 198.52, which is an overlap resistance 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.
Short
by FXCM
1
XAUUSD H4 | Bullish BounceBased on the H4 chart analysis, we can see that the price is falling to our buy entry at 2715.70, which is a multi swing low support close to 38.2% Fibo retracement and 161.8% Fibo extension Our take profit will be at 2744, an overlap resistance. The stop loss will be placed at 2686.22, which is a pullback 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.
FX:XAUUSDLong
by FXCM
What If Smart Money Shifts from Traditional Companies to Crypto?This idea explores the potential scenario where smart money moves from traditional top 100 Nasdaq companies to the crypto space. As Nasdaq reaches its peak and becomes less attractive, blockchain companies offer more reasonable valuations, and the crypto market continues to open up, providing new opportunities. This shift could drive substantial growth in the blockchain and crypto sectors as traditional finance investors look for higher returns in emerging technologies.
NASDAQ:AAPLShort
by BMynameX
Declines Ahead of U.S. Presidential ElectionOn the global market, spot gold prices edged down by 1.8 USD, settling at 2,736.9 USD/ounce, while gold futures also recorded a decline, reaching 2,745.9 USD/ounce. Investors are currently focused on upcoming key events, such as the U.S. presidential election and the Federal Reserve's interest rate decision. From a technical analysis perspective, the resistance level at 2,747 USD is posing a challenge for gold in the short term, preventing prices from maintaining an upward momentum and exerting pressure for a potential downward correction. Although support at 2,734 USD is helping to prevent a deeper decline, the recovery of gold's upward trend remains difficult. Overall, the gold market is currently driven by short-term technical factors, while macroeconomic events such as the Fed's decision and the U.S. presidential election will play a crucial role in determining the long-term trend of gold prices. Investors will need to closely monitor support and resistance levels, while also keeping an eye on macroeconomic factors to make informed investment decisions.
OANDA:XAUUSD
by Alisa_Rokosz
BNBUSDT: Potential Downside Direction Ahead !In today's trading session, BNBUSDT is facing clear bearish pressure after breaking the important support zone around $573. The EMA 34 and EMA 89 show that the downtrend is strengthening, and the price has now continued to fall to the $560 area, below the important moving averages, marking a weak signal in the short term. It is expected that BNBUSDT may continue to correct to the next support levels at $548 and $534 if the selling pressure does not decrease. Moreover, if there is no support signal from positive news or strong price action bounce from the support zone, BNB is likely to fall deeper in the coming period.
Short
by Trader-Saylor
SOLUSDT: Strong Correction – Recovery Opportunity?On the daily chart of SOLUSDT, we can see that after a sharp increase and approaching the resistance zone around $180, SOL is now under pressure to correct and reverse. This correction comes amid increasing risk-off sentiment among investors due to the uncertain global economic situation. Moreover, inflation remains high, while central banks around the world, especially the US Federal Reserve (Fed), are still maintaining tight monetary policies. However, SOLUSDT is still fluctuating around the support zone from the long-term uptrend line. If SOL holds the current support zone and gains buying momentum, there is a high possibility that the price will bounce back and retest the resistance zone of $180. Good luck everyone!
Long
by Trader-Saylor
ABEOABEO stock presents one of the best opportunities in the US market, with target prices well above $100. It is an excellent stock for investors. Currently, the stock is in a weekly upward trend and has broken through a strong supply zone from which it had bounced multiple times before. Now, it is pulling back to test this zone as a demand area, gaining momentum to push higher. The next resistance area above is the red supply zone, and if it breaks through, a new high will be set. The target for the new high ranges from $12.70 to $15-$30. The stock is in the process of forming an inverted head-and-shoulders pattern, which will activate with a break above $9. We are waiting to buy near the range of $5.70 to $4.50,Stop loss 4$, aiming for the higher targets. After reaching $30, we will update the chart.
NASDAQ:ABEOLong
by IbrahimTarek
NZDUSD with two probabilities for 11/5/2024This is my idea Nbr 27 after 25 ✅️ NZDUSD with a high probability to make the decision for 11/5/2024 ✅️ : 🔸️If the price exceeds the green bar 🟩, with the bar closing in the hour above: there will be a high chance of entering a purchase as indicated in the chart, respecting the day, news and the stop loss. 🔸️If the price exceeds the red bar 🟥, with the bar closing in the hour below: there will be a high chance of entering a sale as indicated in the chart, respecting the day, news, and the stop loss.
Short
by Abderrahmane_24
Alikze »» CKB | Corrective wave AB=CD pattern🔍 Technical analysis: Corrective wave AB=CD pattern - In the weekly time frame, after filling the FVG gap, it has faced demand. - After filling the gap of FVG, this rising wave had a growth of more than 200%, which has again faced selling pressure in the supply area. - Currently, according to the bearish guard, in case of inability and stabilization above the 0.012200 area, the corrective structure will extend to the PRZ-3 area. 💎 But if it encounters demand again in the first high potential area where there is a FVG gap, it can retest the supply area. 💎In addition, if there is a demand in the PRZ-2 area, it can be extended to the PRZ-3 area with the pullback to PRZ-1. 💎Therefore, one should wait for the demand and return wave in areas with high return potential. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:CKBUSDT
Short
by alikze