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Harmonic Patterns

EURJPY Strong oversold buy opportunity.The EURJPY pair broke again below the 0.786 Fibonacci retracement level of its Rectangle pattern and is consolidating. Every time this break-out occurred, the price was a buy opportunity. This time, the 1D RSI is on Higher Lows, i.e. a Bullish Divergence, which makes the opportunity even stronger. We are expecting a 1D MA200 (orange trend-line) test below the Lower Highs trend-line at 162.250. ------------------------------------------------------------------------------- ** 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
GOLD → Volatile. Entering consolidation. What is next?OANDA:XAUUSD after a short-term uptrend, gold is now shifting into a consolidation phase, with speculative traders actively defending key risk zones. In this environment, what can we expect from the precious metal next? Uncertainty surrounding Trump’s tariff policies and weak U.S. economic data has driven investors back toward safe-haven assets. However, after reaching a record high of $2,956 on Tuesday, gold experienced a pullback due to profit-taking and a decline in Chinese imports. Despite this, weak U.S. consumer confidence data has helped support a partial recovery. While gold still holds bullish potential, its upside movement is being restrained by a stronger U.S. dollar and rising bond yields. However, trade war concerns continue to fuel demand for the metal. Key Levels to Watch: Resistance: 2,921 – 2,942 Support: 2,905 – 2,888 At this stage, the market is forming a sideways range, leading to two potential scenarios: A pullback to retest the 2,905 – 2,888 support zone before a potential rebound. A breakout above resistance, confirming a continuation of the bullish trend. If buyers can push gold into the 2,921 – 2,929 zone and maintain control above this level, the metal could regain upward momentum. Stay tuned and seize the best opportunities!
OANDA:XAUUSDLong
by Bentradegold
$HPE – Potential Double Top Reversal in Play?NYSE:HPE The stock is testing critical support at $20.55 , which serves as the neckline of a potential double top reversal pattern . The stock remains in a broader uptrend since March 2020, but the current price action is showing increasing downside pressure, putting this key level at risk. 🔹 Bearish Scenario – Breakdown in Focus: A clear break below $20.55 could confirm the double top pattern, opening the door for a move toward $16.78, where the long-term ascending trendline from March 2020 aligns. This would represent a -18% decline and signal a potential shift in market structure. 🔹 Bullish Outlook: As long as NYSE:HPE holds above $20.55, the uptrend remains valid. A bounce from this level could see price retesting resistances at $21.98, $24.24, and $24.66. 🔹 Resistance and Support Levels: 📉 Support: $20.55 (neckline), $20.34 (most recent fractal support), $15.77 📈 Resistance: $21.98, $24.24, $24.66 Happy Trading, André Cardoso 💡 Risk Warning: Trading financial assets carries a high level of risk and may result in the loss of all your capital. Make sure to fully understand the risks involved before you start trading and carefully consider your investment objectives, level of experience, and risk tolerance. The data and information provided in this content do not constitute financial or investment advice and should not be considered as such. Only invest what you can afford to lose, and be aware of the risks associated with trading financial assets.
NYSE:HPEShort
by Andre_Cardoso
BTC: AB=CD Pattern - 1Week Time FrameAnalysis Overview: #Bitcoin has recently shifted from a Bullish trend to an downtrend, forming Lower Lows (LLs) and Lower Highs (LHs) on the Small timeframe. Currently, #BTC is developing an AB=CD pattern, signaling a potential continuation of the bullish momentum. Key Observations: ✅ Uptrend Confirmation: Price action is forming consistent HHs and HLs. ✅ AB=CD Pattern: Price is aligning with the classic harmonic formation. ✅ No Bearish Reversal Signs: No significant bearish divergence or trendline break. ✅ Entry Strategy: Waiting for HLs to form and price to complete the AB=CD structure. Trade Plan: 🔹 Entry: At the completion of the HL and AB=CD pattern. 🔹 Stop-Loss: Below the previous HL to minimize risk. 🔹 Take-Profit: Near key resistance levels or Fibonacci extensions. 🔹 Risk Management: 1:2 or higher risk-to-reward ratio. Conclusion: If the AB=CD pattern completes successfully, we can expect #BTC to continue its bullish move. However, waiting for confirmation and applying proper risk management is crucial to avoid potential reversals. 📊 Let me know your thoughts in the comments! Do you see any additional confluence?
Long
by mudusir
BTC: Sell @$90,000BTC: Sell at $90,000 Yesterday, after the decline of BTC confirmed the support level, it rose again. However, the downward trend has not ended. You can continue to short sell when it reaches around $90,000. The trading strategy remains unchanged. BTCUSDT sell @ $90,000 TP: $87,000 - $85,000 Currently, my $40,000 account is on the verge of reaching $80,000 in just two days. I will share the orders every day. If you also need accurate signals and analysis, you can click on the link below to obtain them!
Short
by Kill_the_dealer
1
ARC Bullish Reversal? Perfect Harmonic Setup + Break of LHs#ARC has been in a downtrend, but a perfect harmonic pattern has now formed on the 2H timeframe, signaling a potential bullish move. Key Bullish Signs: ✅ #Harmonic Pattern Completion ✅ Bullish Divergence on #RSI ✅ Break of Previous #LHs (Sign of Reversal) ✅ Strong Support Zone Identified 🔥 Trading Plan: Long at CMP with SL below the harmonic low. TP1, TP2 and TP3 marked on the chart. 💬 What do you think? Are we ready for a bullish breakout? Drop your thoughts below! 👇👇
Long
by mudusir
4
BITCOIN Is the correction over??Bitcoin (BTCUSD) completed yesterday a -21.14% decline from its January All Time High (ATH). This move made new 3-month lows for the market and naturally accelerated the fears of a Cycle peak and the start of a new Bear Market. Zooming out to the larger time-frames however, we can see that the trend remains heavily bullish within this Bull Cycle's dominant pattern, the Channel Up since August 2021. In fact the current -21.14% pull-back is identical with the Minor Correction Phase (orange) the pattern had during July - September 2023. The similarities don't stop there. That Minor Correction bottomed a little before touching the 1W MA50 (blue trend-line) and the 0.382 Fibonacci retracement level. The 0.382 Fib on the current Phase is at $81000, while the 1W MA50 is a little lower. The 1D RSI however has already breached the oversold barrier (<30.00) as on the August 14 2023 Low. That wasn't the only time the 1D RSI tested the oversold barrier. The last time it was on the week of July 01 2024, during another pull-back, this time the Major Correction Phase. That was considerably longer and stronger (-33.28%), which did hit the 1W MA50 in order to bottom, and as you can see it hasn't been the only major pull-back of the Channel Up. The other Major Correction Phase was at the start of the pattern (Aug - Nov 2022), which measured a -38.47% decline. As you see, there is a high degree of symmetry among Major and Minor Correction Phases, so there is a high probability that BTC has now bottomed on its new Minor Correction Phase. If not, a bottom level candidate will be waiting a little above $81k and the 0.382 Fib. The minimum rally following a correction bottom has been +95.95%, so if BTC repeats that from yesterday's Low, we are looking at a new Higher High exactly at the top of the Channel Up at $169000. So do you think we've see the bottom on this technical correction or we are due some more towards $81k before rebounding? And if so, are you expecting a final rally towards $169k? 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:BTCUSD
by TradingShot
9
MANTRA x Google Cloud: Driving Real RWA AdoptionHad to pull over and post this. MANTRA just launched their RWAccelerator backed by Google Cloud. Been in crypto since 2019 and this is what institutional adoption actually looks like - not announcements about "exploring blockchain" but concrete infrastructure for the $10T RWA opportunity. What caught my attention: ✅Three tracks: infrastructure, tokenization, DeFi ✅Google providing cloud credits + technical workshops ✅Three-month program kicks off in Dubai (regulatory hub) ✅#MANTRA team offering compliance guidance (leveraging their VARA license) After watching BINANCE:OMUSDT quietly build through the bear market, this move makes perfect sense. #CryptoNews #Binance #DeFi #Altcoins
Long
by sangakara687
MANTRA Secures Full VARA Licensing in DubaiA deep dive into #MANTRA's latest milestone: They just became Dubai VARA's first licensed DeFi platform. But the real story? Their entire ecosystem just got regulatory backing. - Full virtual asset exchange approved - Investment services green-lit - Broker-dealer operations validated Key impact: projects building on MANTRA Chain now have regulatory framework by default. That's huge for institutional adoption. Watching this space closely - regulated DeFi infrastructure is what tradfi has been waiting for.📊 #Altcoins #OM #Whales #investing
Long
by mitchellxmarsh
Gold Spot (XAU/USD) – Bullish Flag Breakout SetupTrade Idea: Preparing for a Potential Upside Move Gold (XAU/USD) has been in a strong uptrend, forming a bullish flag pattern, which is a continuation setup signaling further upside potential. After a significant rally, the price has entered a consolidation phase, trading within a well-defined range. The current price action suggests that gold is building momentum for a breakout, with an anticipated move to the upside. A break above the consolidation range would confirm the bullish flag pattern, triggering a continuation of the trend. Entry Strategy: Aggressive Entry: Enter long on a break and sustained close above the consolidation resistance. Conservative Entry: Wait for a breakout and a successful retest of the broken resistance as support before entering. Profit Targets: First Target (TP1): $3,000 – Psychological resistance level. Second Target (TP2): $3,100 – Measured move based on the flagpole projection. Stop Loss: Below the lower boundary of the consolidation phase at around $2,900, allowing room for volatility while maintaining a favorable risk-reward ratio. Risk Management: Adjust stop-loss to breakeven once price reaches the first target. Monitor volume and momentum indicators to confirm breakout strength. With gold maintaining its bullish structure, this setup presents an excellent opportunity for traders to capitalize on further gains as long as price action confirms a breakout. Stay alert and trade accordingly!
OANDA:XAUUSDLong
by HUGO_DT150
MANTRA’s VARA License: The Institutional DeFi GatewayAnalyzing MANTRA's VARA license - this is bigger than most realize. As the first DeFi platform approved under VARA's new framework, they can operate virtual asset exchange + investment services in Dubai. Why does this matter? Banks and institutions need regulatory clarity before adopting DeFi solutions. VARA approval essentially validates #MANTRA's infrastructure for institutional players. The implications for RWA tokenization are massive. Their partnerships with DAMAC, MAG, Pyse aren't just deals anymore - they're now backed by regulatory framework. This is what institutional #DeFi adoption looks like in real time 🔍 BINANCE:OMUSDT #CryptoNews #Binance #RWA #Tokenization
Long
by saadxa_l_i_3
EURGBP: Bullish Harmonic Pattern in a Strong ZoneEURGBP: Bullish Harmonic Pattern in a Strong Zone EURGBP has completed a bullish harmonic pattern within a robust zone. Despite this, the likelihood of the price testing the entire red zone remains high. It's crucial to be careful and closely monitor the price's reaction. Key resistance zones for the harmonic pattern are 0.8307, 0.8335, and 0.8370. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️ Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by KlejdiCuni
2
XAUUSD entre 2917 target 2925stop loss 2910Here's a summary of your updated XAUUSD (Gold) trade setup: Trade Setup - Entry: $2917 - Target: $2925 - Stop Loss: $2910 Risk-Reward Analysis - Risk: $7 ($2917 - $2910) - Reward: $8 ($2925 - $2917) - Risk-Reward Ratio: 1:1.14 Market Considerations - Market Trend: Monitor overall market trend. - Economic News: Watch for economic releases. - Technical Analysis: Consider key support/resistance levels. Trade Management - Position Sizing: Ensure proper position sizing. - Stop Loss Adjustment: Consider adjusting stop loss. - Take Profit: Decide whether to take profit at target. Stay focused and adapt to changing market conditions!
TVC:GOLDLong
by Mr_jacky90