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Harmonic Patterns

Bitcoin (BTC): Next Stop at Psychological Resistance??Buyers are not showing any remorse and pushing through the local high area, trying to secure the current zone in order to form another strong green candle. While we are near ATH, it is very hard to predict the next ATH area, but what we have found out with time is that people like round numbers, which are 110, 120, 130 and so on. Our current target is at $120K, where we will be aiming for $130K. While we are looking for further movement to upper zones, we will be keeping a close eye on possible MSB to form and not just a correction (smaller one), but proper MSB on bigger timeframes. Swallow Academy
Long
by SwallowAcademy
BITCOIN $119k coming shortlyBitcoin (BTCUSD) has been trading within a 6-week Channel Up and Friday's tariff threats led pull-back was its latest Bearish Leg. That pull-back hit the 4H MA50 (blue trend-line) yesterday and rebounded. As long as the 4H MA100 (green trend-line) which is directly below the Channel Up holds, the current rebound is technically the pattern's new Bullish Leg. All 4 previous Bullish Legs have ended on fairly similar % rises but the weakest has been +11.41%. With the 4H MACD just now completing a Bullish Cross (which has always been a strong buy signal), a repeat of the +11.41% minimum, gives us an immediate $119000 Target. Do you think that's coming shortly before the beginning of June? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
4
SPX Buy Limit Active | High Precision Scalping Setup The market recently dipped below the local swing low, hitting a clearly defined demand zone on the 15-minute chart. This movement suggests that smart money might be accumulating, which could signal a potential reversal or a short-term retracement. We’ve set a Buy Limit at 3334.63, based on solid price action and previous reactions at this level. Right now, the price is consolidating around our entry point, which boosts the likelihood of a bullish confirmation. 🔍 Entry Logic & Market Structure: Liquidity Sweep: The lower wicks indicate a liquidity grab beneath the previous lows. Order Block Zone: This demand zone was created by the last down candle before a significant upward move. Imbalance Above: There’s a clear inefficiency visible between 3336.00 and 3340.00. RR Justification: This trade offers a Risk-to-Reward ratio of 1:2+ with a tight stop loss. 🧠 Trade Details: Buy Limit: 3334.63 Stop Loss: 3331.32 Take Profit: 3340.35 Risk-to-Reward: ~1:2.2 Timeframe: 15M Trade Type: Intraday Reversal / Imbalance Fill 🔔 Execution Plan: Wait for a bullish candle to close near the zone for confirmation (if you’re trading manually). If you’re using limit orders, make sure to manage your risk properly. This setup stays valid unless the price drops below 3331.00 and closes with bearish momentum on the 15-minute chart.
OANDA:XAUUSDLong
by TradesThug
DXY | Harmonic Patterns | Technical Analysis. Recovery Underway?TVC:DXY Over recent sessions, I’ve been highlighting a critical zone for the TVC:DXY between $98.70 and $98.80 , where several important technical patterns are forming that could signal the start of a rebound after the recent decline. ➡️ The dollar broke below the Head and Shoulders neckline at $100.27 , hitting the default target I projected at $98.69 , which corresponds to the 200% Fibonacci extension. This is a classic confirmation of the breakdown and subsequent drop. ➡️ However, since reaching this level, the TVC:DXY has begun to form strong bullish patterns: Bullish Crab Pattern at the 161.8% Fibonacci extension, projected at $98.91 Bullish Alt-Bat Pattern at the 113% Fibonacci extension, at $98.80 These emerging bullish setups suggest a solid potential reversal, indicating that the TVC:DXY might be preparing to recover. 🎯 The default targets for these bullish patterns are around $99.95 , aligning with key resistance zones and Fibonacci confluence. Summary: The TVC:DXY has completed the expected downward move from the Head and Shoulders pattern and is now showing clear technical signs of a possible reversal. The price action in the coming sessions will be critical to confirm whether the index can sustain this recovery toward higher levels. Safe Traders, André Cardoso
TVC:DXYLong
by Andre_Cardoso
NZDJPY BULLISH OR BEARISH DETAILED ANALYSISNZDJPY has just completed a clean breakout from its descending channel, and we are now setting up for a potential bullish continuation. The breakout above the channel resistance confirms a reversal of the prior downtrend, signaling fresh bullish momentum in play. Price is currently hovering around 85.90, and I’m targeting a move toward 91.90 in the coming weeks as market structure shifts in favor of buyers. Fundamentally, the New Zealand dollar is gaining strength following the RBNZ's recent hawkish stance. Despite global rate cut expectations, the RBNZ has held firm, emphasizing inflation remains elevated and may require prolonged tight policy. This divergence from other central banks, particularly the BoJ, gives NZD an upper hand. On the flip side, the Japanese yen continues to show weakness due to the BoJ's ultra-loose monetary stance, and there's still no concrete signal of a shift toward tightening. Yield differentials remain wide, fueling carry trades in favor of NZD. Technically, the breakout is supported by strong bullish candles and increasing volume. The breakout level around 85.60 is now acting as fresh support, and as long as we hold above that zone, the bullish bias remains valid. The structure suggests momentum is building toward 88.50 as the next minor resistance, and a break above that could accelerate the rally to our full target at 91.90. From a risk-reward perspective, this setup remains favorable. I'm closely monitoring bullish continuation patterns on lower timeframes to scale in. NZDJPY appears primed for a potential upside surge, supported by both fundamentals and technicals, and I’m looking to ride this trend as long as the current momentum holds.
Long
by AndrewsMarket-Mastery
BTCUSD professional strategy analysisAs Bitcoin is trading in the no man's land again, violating a resistance cluster based on a previous ATH, here are the next potentially strong resistance to watch. Resistance 1: Narrow area based on 115000 level - the closest strong psychological level. Resistance 2: Narrow area based on 120000 level - the next psychological level. Resistance 1 is going to be the next goal for the buyers and will most likely reached soon. Its breakout will push the prices to Resistance 2.
INDEX:BTCUSDLong
by Andrew-Jimmy
2
USDJPY – Bearish Channel Holds, Eyes on Support BreakUSDJPY is currently trading within a clearly defined bearish channel on the 3H timeframe, consistently forming lower highs and lower lows. After a slight bounce from the 142.50 support zone, the price is now heading toward the 143.30 resistance area — which aligns with the upper boundary of the channel. This is a zone likely to face rejection and renewed selling pressure. On the news front, Moody’s recently downgraded the U.S. credit rating due to concerns over prolonged budget deficits, putting pressure on the USD. Although the interest rate gap between the Fed and the BoJ still favors the dollar, current market sentiment is making it harder for USDJPY to maintain a strong rally. If the 143.30 resistance holds, the price is likely to be pushed back down to retest the 141.07 support zone — a previous low and the lower boundary of the descending channel. A confirmed break below this level would signal further downside, with the next target below the 140.00 mark.
Short
by Rocky_trade_
ALGO/USDT – Breakout Trade Setup (Daily Timeframe)BINANCE:ALGOUSDT has officially broken out of a multi-month descending channel, signaling a shift in trend. After several failed attempts, price action finally pushed above both the channel resistance and the 50-day EMA (~$0.2197), confirming renewed bullish momentum. Following the breakout, ALGO completed a textbook retest of former resistance turned support around $0.2124. This zone now acts as a demand area and reinforces the bullish bias. The current price action near $0.2275 provides a favorable entry with a well-defined invalidation below $0.1908. 🎯 Trade Parameters Entry: $0.2250 - $0.2170 Stop Loss: $0.1908 Targets:  • TP1 – $0.2621  • TP2 – $0.3000  • TP3 – $0.3320 Risk/Reward: ~3:1 Potential Upside: +54.85% 📌 Why This Setup? ✅ Breakout + Retest: Clean structure, respecting trendlines and horizontal zones. ✅ Above EMA: Price now trading above 100EMA, flipping it into dynamic support. ✅ Volume Support: Increased volume during breakout validates buyer strength. ✅ Clear invalidation: A move below $0.1908 invalidates the setup. Summary: With a favorable risk/reward and strong technical signals, ALGO/USDT offers a compelling swing trade opportunity. Maintain discipline on stop loss and trail profits as targets are approached.
Long
by BrytJoy
Today's BTC trading strategy, I hope it will be helpful to you After experiencing (volatile declines) over the weekend, if Bitcoin's price forms **three consecutive small bullish candles** within the **108,000–108,500 range**, and trading volume gradually shrinks before starting to gently increase, it indicates that downward momentum is weakening and bullish forces are accumulating. This can be regarded as an initial entry signal. If the price can subsequently **effectively break through the upper edge of this range (108,500)** and hold steady for half an hour, you can enter a long position. Pay close attention to the **110,000 level**, an important resistance level. When Bitcoin's price attempts to break above **110,000**, and trading volume significantly increases (by more than 50% compared to the past five-day average volume), while the closing price remains above **110,000** within one hour after the breakout, it shows that bullish forces are strong and the upward trend is confirmed. You can decisively enter a long position. Today's BTC trading strategy, I hope it will be helpful to you BTCUSDT BUY@109500~110000 SL:108000 TP:111000~111500
Long
by AndyHopkins