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Harmonic Patterns

Bitcoin (BTC): Buyers Showing Dominance / Multiple ScenariosBuyers are back in the game where they secured again the $100,000 zone and now are slowly heading back to the ATH. With all the uncertainties on the markets where people are in all states of physiological manipulation (FOMO, FUD, etc.), we have decided to put out 5 possible scenarios where 3 of them are buying opportunities and 2 of them are selling opportunities. Now for each of their entries, we need a proper confirmation and traders to secure certain zones but those zones that we seek to secure are displayed here. Which buying or selling entry zone are you looking for the most currently? Swallow Team
Long
by SwallowAcademy
Pepe - Revised Elliot Wave Count and GartleyHi Traders - Macro view of revised wave count and Gartley Harmonic in support of analysis. Currently we could be still playing out the 3rd wave opposed to what I mentioned in previous posts where mentioning that were looking for the 5th wave to play out. Used current bias based on previous example as can be seen with the earlier Gartley Harmonic. Looking for slightly lower (yellow) 1.618 or (blue) 2.0 for support to end the 3rd Wave into the 4th, wave before wave 5 to play out before the corrective waves. Trading the moment as there are no certainties and only probabilities.
by hmaroudas
USDCAD BULLISH FOR 100PIPS. Entry Point: Current Price: Check the current price of USDCAD. A good entry would typically be on a pullback or a confirmation of bullish momentum. Technical Analysis: Identify a support level or a technical signal (e.g., price action, moving average crossover, or bullish candlestick patterns) to enter the trade. 2. Target (100 Pips Bullish): If you're aiming for a 100-pip gain, the target price would be set 100 pips above your entry point. For example, if your entry is at 1.3450, your target would be 1.3550. Use resistance levels or previous highs to validate that your target aligns with realistic price movement within the given timeframe. 3. Stop Loss (30 Pips): Set the stop loss 30 pips below your entry. If your entry is 1.3450, the stop loss would be at 1.3420. Ensure that the stop loss is placed below a key support level to avoid being prematurely stopped out due to market fluctuations.
Long
by LORDOFTHETRADERS
Bullish bounce?EUR/NOK 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: 11.73719 1st Support: 11.69816 1st Resistance: 11.80090 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
1
Potential bearish drop?AUD/CAD has reacted off the pivot and could drop to the 1st support which is a pullback support. Pivot: 0.90122 1st Support: 0.8940 1st Resistance: 0.90764 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
#XAUUSD (GOLD) READY TO SELL .. WEEKLY ANALYSISHello Everyone here is My Today's #XAUUSD (GOLD) Market Analysis Please check & share Your opinions in the comments section thanks 🙏 Today, on Monday 20th January 2025 #Gold is currently trading at ( 2707 ) with a key pivot point at 2722. I am supporting the #Sell_Side today as the price remains below key levels. The market’s next movement depends on its behavior around this critical level. 📉Bearish Scenario: If Gold remains below the pivot point (2722) it will bring Gold towards the following targets: 📉Target 1: 2696 📉Target 2: 2680 📉Target 3: 2670 📉Support: 2666, 2660 Before reaching these targets, Gold may test the First resistance zone at (2714 / 2720) but overall, the bias is to sell. 📈Bullish Scenario: If Gold breaks the pivot point ( 2722 ) and closes a 4-hour candle above it, this could open the path for further upside movement potentially testing the following resistance levels: 📈Resistance : Supply Zone : 2738/ 2744 📈Long-term Resistance: 2750/2760 📊Key Levels: 📊Pivot Point: 2722 📉Target 1: 2696 📉Target 2: 2680 📉Target 3: 2670 📉Support: 2666 2660 📈Resistance: 2714 / 2620 📈Supply Zone: 2738 / 2744 📈Long-Term Resistance 2750 / 2660 📊 Trend Outlook 📉Bearish Trend: Below 2722 & 2700 📈Bullish Trend: Above 2722 & 2730 with a confirmed close in a 4-hour candle If you like my Analysis Don’t forget to like follow, and comment 👍Thanks 🙏🏻
FOREXCOM:XAUUSDLong
by Gold_Global_Club
14
BITCOIN CAN MOVE TO GIVEN TARGET AREABitcoin's price action continues to capture attention as it edges closer to a significant target on the charts. Traders and investors are closely monitoring its movement, analyzing key support and resistance levels to predict the next possible breakout or retracement. With market sentiment and trading volumes playing crucial roles, the question remains: will Bitcoin achieve its target, or will it face a correction? Stay updated and ready for potential opportunities as the momentum unfolds!
BITSTAMP:BTCUSDLong
by SadarExplore
Bearish reversal off overlap resistance?CAD/CHF is rising towards the pivot which is an overlap resistance and could reverse to the 1st support which acts as an overlap support. Pivot: 0.63495 1st Support: 0.62910 1st Resistance: 0.63961 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
Bearish drop?AUD/CAD has reacted off the pivot and could drop to the 50% Fibonacci support. Pivot: 0.90122 1st Support: 0.89401 1st Resistance: 0.90764 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
Pullback resistance ahead?NZD/JPY is rising towards the pivot and could reverse to the 1st support which acts as a pullback support. Pivot: 88.61 1st Support: 87.60 1st Resistance: 89.30 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
Falling towards pullback support?NZD/CAD is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance. Pivot: 0.80683 1st Support: 0.80238 1st Resistance: 0.81436 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
Bullish bounce?USD/ZAR is falling towards the pivot and could bounce to the 1st resistance. Pivot: 18.42844 1st Support: 18.21710 1st Resistance: 18.65470 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 CORRECTION MOVEWhat’s your perspective on XAUUSD? Gold is approaching a pivotal resistance zone, a level it has tested multiple times without breaking. At this moment, the strength to surpass this barrier remains uncertain. The expectation is a potential reaction to this resistance, leading to a correction toward the target level highlighted in the analysis. 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! Like and engage—let’s connect in the comments! 🔥
FX:XAUUSDShort
by amywade6257
1
GBPJPY H4 | Bearish Drop Based on the H4 chart, the price is approaching our sell entry level at 194.593, an overlap resistance level and the 61.8% Fibonacci retracement. This level is expected to act as a potential reversal point in the bearish setup. Our take profit is set at 191.781, near a key support level where price may find buying interest. The stop loss is placed at 197.012, 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.
Short
by FXCM
XAUUSD H4 | Bearish Reversal Based on the H4 chart, the price is approaching our sell entry level at 2,757.98, which aligns with a strong resistance level and the 127.2% Fibonacci extension. This level is expected to act as a potential reversal point in the bearish setup. Our take profit is set at 2,727.65, a key support level where price may find buying interest. The stop loss is placed at 2,788.49, above the previous swing high, providing room for price fluctuations while ensuring the bearish setup remains valid. 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:XAUUSDShort
by FXCM