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Harmonic Patterns

USOIL Best Level to Short/Hold 10% swing trade setup🔸Hey guys, today let's review the 2 hour chart for US oil . Any upside is limited by strong overhead resistances, currently trading near range highs so overall risk/reward shifting in bears favor. 🔸Strong resistances will cap upside at 72.00 usd / 72.50 usd. right now locked in tight trading range, however expecting final pump to trigger overhead stop losses before reversal and subsequent sell off event. 🔸Recommended strategy for BEARS: wait for the final pump before short selling from strong overhead resistances at 72.00 and 72.50 SL fixes at 74.00 usd, TP1 bears is 68 usd TP2 bears is 66 usd. swing trade setup, patience required. good luck! 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
TVC:USOILShort
by ProjectSyndicate
5
Potential bullish bounce?GBP/CHF is falling towards the support level which is a pullback support that aligns with the 38.2% and the 50% Fibonacci retracement and could bounce from this level to our take profit. Entry: 1.1314 Why we like it: There is a pullback support level that lines up with the 38.2% and the 50% Fibonacci retracement. Stop loss: 1.1254 Why we like it: There is an overlap support level that aligns with the 61.8% Fibonacci retracement. Take profit: 1.1395 Why we like it: There is a pullback resistance level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
Long
by VantageMarkets
Bullish momentum to extend?EUR/CAD is falling towards the support level which is a pullback support that aligns with the 38.2% Fibonacci retracement and could rise from this level to our take profit. Entry: 1.4982 Why we like it: There is an overlap support level that lines up with the 38.2% Fibonacci retraecment. Stop loss: 1.4847 Why we like it: There is an overlap support level that lines up wit the 38.2% Fibonacci retracement. Take profit: 1.5166 Why we like it: There is a pullback resistance level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
Long
by VantageMarkets
Bearish drop off overlap resistance?EUR/JPY has reacted off the resistance level which is an overlap resistance and could drop from this level to our take profit. Entry: 162.13 Why we like it: There is an overlap resistance level. Stop loss: 164.38 Why we like it: There is a pullback resistance level that aligns with the 138.2% Fibonacci extension. Take profit: 159.34 Why we like it: There is an overlap support level that aligns with the 50% Fibonacci retracement. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
Short
by VantageMarkets
Bearish drop?AUD/JPY is rising towards the resistance level which is a pullback resistance that aligns with the 50% Fibonacci retracement and could drop from this level to our take profit. Entry: 97.63 Why we like it: There is a pullback resistance level that aligns with the 50% Fibonacci retracement. Stop loss: 98.68 Why we like it: There is a pullback resistance level that line sup with the 50% Fibonacci retracement. Take profit: 95.63 Why we like it: There is a pullback support level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
Short
by VantageMarkets
Gold Trade Plan 18/12/2024(500 Pips Down)!!!!Dear Traders, Gold price still Range between 2635-2650 . i Mixed Classic Pattern&Price Action in chart, 1-Head&Shoulder Target : 2670 2-(0.38 Fibo Level : 2669) 3- Fibonacci TrendBase Extention : 2672 4- Clean Order block 2672 Area , 5-(wave 3 Minor(almost completed) and we will have some correction to UP) Totally : 2670-2672 is very Safe for Sell to target 2615-2620 ( for tonight) "If you enjoyed this forecast, please show your support with a like and comment. Your feedback is what drives me to keep creating valuable content." Regards, Alireza!
OANDA:XAUUSDShort
by alirezak
4
My Best Analysis Resistance at 2628 If the market rises to 2628, this level may act as a resistance. Traders could expect a potential reversal or a slowdown in upward momentum from this point. It's crucial to observe volume and price action near this level for confirmation. Resistance at 2665 If the market continues to rise, 2665 serves as a strong resistance level. Price action near this level could indicate whether the market has the strength to break higher or if it will face a reversal.
TVC:GOLD
by LunaTrader_SingnalsProvider
1
Microsoft (MSFT): What’s Next? Will It Break $455.34 Morning, Trading Family! Let’s Talk About Microsoft (MSFT): Will It Break $455.34 or Head Lower? Microsoft’s stock is at a key level, and the next move could set the tone for what’s ahead. The magic number right now is $455.34. Will we see a breakout to new highs, or could the price dip lower before bouncing back? Let’s break it down step by step so everyone’s ready! If Microsoft Breaks Above $455.34 If the stock moves above $455.34 and holds steady, it could signal that buyers are in control. What could happen? The price might head up toward $460 or even $465. These levels could be the next spots where the stock takes a breather. What should we watch? Look for strong movement above $455.34 with good trading volume (lots of action). If the price quickly dips back below, it could mean the breakout isn’t real yet. How can we trade it? If the price holds above $455.34, it might be a good time to think about buying with a target around $460. Just make sure to use a stop-loss in case the trade doesn’t go as planned. If Microsoft Drops Below $455.34 If the stock struggles to stay above $455.34, we could see a pullback. The first key level: Watch $449. This is the next area where buyers might step in to stop the price from falling. If $449 doesn’t hold: The price could drop further, landing somewhere in the $443–$438 range, where stronger support is likely. How can we trade it? Be patient! If the price dips, wait for signs that it’s stabilizing at a support level before making any moves. What If the Price Drops Below $438? If MSFT falls below $438, it could mean the stock is turning more bearish. At that point, we’ll need to step back and reassess the trend. Tips for Today’s Trading If you’re bullish: Wait for the price to break and hold above $455.34 before jumping in. If you’re bearish: Watch for a clean break below $449 for potential short opportunities. Always: Use stop-losses to protect yourself and trade with a plan! Bottom Line: The $455.34 level is the line in the sand. If we break above, it’s good news for the bulls. If not, we could see a dip to $449 or lower. Kris/ Mindbloome Exchange Trade What You See
NASDAQ:MSFTLong
by Mindbloome-Trading
5
STG/USDT Bearish Outlook: Downtrend Confirmed - Watch Key Levels 📉 STG/USDT is showing a strong bearish trend across multiple timeframes. Following a pullback, the price is under pressure, indicating potential for further downside. This analysis highlights key support/resistance levels, trend directions, and potential trading scenarios. Timeframe Analysis: 5min: 🐻 Price below 20 SMA, RSI < 50, Bearish MACD. Short-term selloff. 30min: 🐻 Price below 20 SMA, RSI < 50, Bearish MACD. Bearish continuation. 1H: 🐻 Price below 20 SMA, RSI < 50, Bearish MACD. Bearish continuation, possible consolidation. Daily: 🐻 Price below 20 SMA, RSI < 50, Bearish MACD. Clear downtrend, potential for further downside. Key Levels: Support: $0.30 (psychological), $0.28, $0.25 Resistance: $0.33, $0.36 Indicators: 20 SMA: Price below on all TFs = Bearish. RSI: < 50 across all TFs, indicating bearish momentum. MACD: Bearish crossovers below zero line across all TFs. Potential Scenarios: Bearish Continuation: Price likely to test lower supports at $0.28 & $0.25. Double Bottom Potential: 4H chart shows potential formation for double bottom, watch for confirmation and neckline breakout. Consolidation: A period of sideways trading may also be seen. Trading Strategy: SELL/HOLD: Recommended to sell or hold positions with stop losses. Short Positions: Consider shorts on rallies to $0.33, stop-loss above. Take Profit: Target $0.28 initially, then $0.25. Stop Loss: For shorts, consider a stop loss above $0.33. Move existing stop losses down to $0.32 or $0.31. Avoid Buying: Downtrend is strong, avoid buying. Risk Management: Monitor for oversold conditions, which doesn't guarantee a reversal. Be cautious of shifts in market sentiment. Keep an eye on overall crypto market correlation. #STG #STGUSDT #Crypto #Trading #TechnicalAnalysis #Bearish #Altcoin #TradingView
Short
by Abdihalim1
Nat Gas Wed 18 DecScript opened with 5% gap on the upside, which was a surprise for awing traders who carried short position on tuesday. It remained irritating till 7 pm. Once the hope of filling the gap vanished it started creeping on the upside but it wasn't enough to cover the losses incurred due to the gap. As always market favoured scalpers. Fluctuations were big enough to make money. Scaling in was a bit tricky though for someone who trades manually cause movements were quick. Overall volume was good, getting orders filled wasn't difficult. Don't carry long positions today. Most of the time market tries to fill the gap of the previous session. See you all tomorrow!
MCX:NATURALGAS1!
by aadityaghate79