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Harmonic Patterns

USDJPY H4 | Bullish Bounce OffBased on the H4 chart analysis, we can see that the price is falling toward our buy entry at 150.04, which is a pullback support that aligns with the 38.2% Fibonacci retracement. Our take profit will be at 151.15, which is a pullback resistance close to the 38.2% Fibo retracement. The stop loss will be placed at 148.96, which is a multi-swing low 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 (fxcm.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% 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 (fxcm.com/eu): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% 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 (fxcm.com/au): 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 fxcm.com/au Stratos Global LLC (fxcm.com/markets): 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.
Long
by FXCM
XRP Breakout Setup – Perfect Harmonic Pattern#XRP is setting up for a massive move! ✅ Harmonic Pattern in Play – Harmonic pattern is forming, signaling a potential reversal. ✅ Bullish Divergence – RSI/MACD is showing strength, indicating momentum shift. ✅ Key Resistance Level – A breakout above could trigger a strong rally. Trading Plan: Wait for a confirmed break and retest of the resistance. Enter a long trade with stop-loss at 2.31 and target 2.6 to 2.7. Risk Management: Using a 1:2 or higher risk-reward ratio. Will #XRP break out or fake out? Drop your thoughts below!
Long
by mudusir
3
Bearish drop?The Kiwi (NZD/USD) is rising towards the pivot and could drop to the 1st support which is a pullback support. Pivot: 0.5686 1st Support: 0.5547 1st Resistance: 0.5761 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
Long Position on KAITO/USDT 📈 Long Position on KAITO/USDT 🚀 🔹 Entry: $2.11 🔹 Target: $3.33 🔹 Stop Loss: Below $1.96 I'm taking a long position on KAITO/USDT as it's holding well within a strong ascending channel. Why This Trade? ✅ Price is respecting trendline support – strong demand zone. ✅ MACD is showing signs of a potential crossover, signaling a reversal. ✅ RSI is near oversold, suggesting buyers could step in soon. ✅ Risk-to-reward ratio is solid, making this trade worth the setup. 📌 Things to Watch: 🔸 If price bounces off trendline, I expect continuation upwards. 🔸 If price breaks below support, I’ll cut the trade early to minimize risk. All set! Let’s see how it plays out. Are you trading this setup too? 📊🔥 #Crypto #Trading #TechnicalAnalysis #LongSetup #KAITO
PHEMEX:KAITOUSDT.PLong
by TrendShredder
GBPJPY Heads of Central Banks: Head of Bank of England (BoE): Andrew Bailey Head of Bank of Japan (BoJ): Kazuo Ueda Economic Data Affecting GBP/JPY: Bank of England (BoE) Events: Interest Rate Decisions: The next BoE interest rate decision is scheduled for March 20, 2025. However, this week, Governor Andrew Bailey and other MPC members will testify before the Treasury Select Committee on March 5, discussing recent monetary policy decisions and economic outlooks. Impact: Expectations of further rate cuts could weaken the GBP, while a pause in rate cuts might support it. Bank of Japan (BoJ) Events: Monetary Policy Meetings: No major BoJ meetings are scheduled this week, but ongoing discussions about potential policy adjustments could influence the JPY. Impact: Any hints at tightening monetary policy could strengthen the JPY, while continued dovishness might weaken it. UK Economic Data: Inflation and Growth Figures: Rising inflation or slower growth could influence BoE decisions, impacting GBP. Impact: Higher inflation might lead to a stronger GBP if it prompts rate hikes, while slower growth could weaken it if it suggests rate cuts. Japanese Economic Data: Inflation and Consumption Data: Stronger-than-expected inflation or consumption figures could lead to speculation about BoJ policy changes, affecting JPY. Impact: Improved economic indicators might strengthen the JPY if they suggest a shift towards tighter monetary policy. Trade Directional Bias: Bullish Scenario for GBP/JPY: If the BoE signals a pause in rate cuts or if UK economic data surprises positively, while Japan's data remains weak, GBP/JPY might rise. Bearish Scenario for GBP/JPY: If the BoE continues to cut rates and Japan's economic indicators improve, potentially leading to a stronger JPY, GBP/JPY could decline. we will monitor these events and data releases to adjust our strategies accordingly.
by Shavyfxhub
USOILSeveral upcoming economic data prints could significantly affect oil prices: 1. OPEC+ Production Levels Impact: OPEC+ production cuts have been crucial in maintaining oil prices. Any changes to these cuts could influence supply and prices. Data Print: Announcements about extending or easing production cuts will be closely watched. 2. U.S. Crude Oil Inventories Impact: Changes in U.S. crude oil inventories reflect supply and demand imbalances. Lower inventories suggest stronger demand or reduced supply, potentially boosting prices. Data Print: Weekly inventory reports from the EIA will be key in assessing market conditions. 3. Global Demand Growth Impact: Stronger-than-expected demand growth, particularly from major consumers like China, could support higher oil prices. Data Print: Reports from the IEA and EIA on global demand growth will be important. 4. U.S. Sanctions on Major Oil Producers Impact: Sanctions on Russia, Iran, and Venezuela can disrupt global supply, potentially leading to price increases. Data Print: Updates on sanctions enforcement and their impact on oil exports will influence prices. 5. EIA Forecasts Impact: The EIA's forecasts for oil prices, production, and demand provide valuable insights into future market conditions. Data Print: The EIA's Short-Term Energy Outlook (STEO) reports will offer guidance on expected price trends. Brent Price Forecasts: The EIA forecasts Brent crude to average $74 per barrel in 2025, with prices potentially falling to $66 per barrel in 2026 due to increased global production and slower demand growth. U.S. Production: The EIA expects U.S. crude oil production to reach a record high in 2025, averaging 13.59 million barrels per day. These data prints will provide critical insights into supply and demand dynamics, influencing oil prices and market sentiment.
FX:USOIL
by Shavyfxhub
BTC Bitcoin gets Regulatory Clarity and Support including solana,ada and xrp The current Regulatory developments today , including the potential for a U.S. strategic Bitcoin reserve, could significantly boost Bitcoin's legitimacy .price broke the supply zone after break of 2layers of supply roof .the final resistance was at 95,014.61 Bullish Factor: Clearer and more supportive regulations could increase investor confidence and drive adoption and potentially setting a new all time high. trade with caution
Long
by Shavyfxhub
$BTC Box Humiliation 2.0 Bears thought they won—Bitcoin snapped back inside the range! 🔸 Weekly Close Inside the Box? $84K fakeout shook weak hands. Now back above GETTEX:92K —bullish structure intact. 🔸 Upside Target: $110K+ Same pattern as before—sideways grind before liftoff. A break above GETTEX:98K = game over for bears. 🔸 Action Plan: ✅ Holding longs—no need to overthink. ✅ Stay patient—big move incoming. ✅ Watch the weekly close—above GETTEX:92K , it’s 🚀 time. This is the classic trap—weak hands panic, smart money loads up. If you know, you know.
BITSTAMP:BTCUSDLong
by CryptoSkullSignal
IDEAFORGE - WEALTH DESTROYER ?The chart speaks for itself, as always. This is a prime example of why buying a company solely because it’s "new age" can be a mistake. Given the widespread adoption of drones, you’d expect a drone manufacturer to perform well. The stock debuted on the NSE at ₹1,300 per share—a staggering 93.5% premium over its issue price. At the current market price, 73% of the wealth has been eroded. What do you think comes next? A reversal or a continued downtrend? Disclaimer: This analysis is purely for educational purposes and does not constitute trading advice. I am not a SEBI-registered advisor, and trading involves significant risk. Please consult with a financial advisor before making any investment decisions.
NSE:IDEAFORGE
by TheChartereds
VARAUSD - IMPORTANT!! Order Flow Tutorial & Cipher B ReviewIf everyone could please watch and listen to this lesson, I go over in greater detail how to record order walls and how to determine which ones are substantial. At the end the video stopped, what I was going to say was that each time you swing out 10% of your holding, if you are in a loss position, after 10 times your exchange will record your losses for the write off while at the same time you are increasing your holdings or extracting cash which reduces those losses. Depending on how far of a pull back you get it sometimes doesn't take very many swings to bring your portfolio into a break even or profit position but mainly it is always better to take the trade because remember that we are not the only swing traders trading off of these levels. Anyone with order flow can see them and trades off of them. The are real, tangible resistance and constitute opportunities to pivot.
COINBASE:VARAUSD
by fritbjorn
1
Gold in Correction or Bullish Move?Gold (XAUUSD) Weekly Update: Gold has entered a correction phase after showing divergence. Based on Elliott Wave, Wave 3 has ended, and we're now in Wave 4. If 2800 holds, the main trend stays bullish, and after this correction, Wave 5 could push us towards $3000! Key Levels: Support: 2800 Resistance: 2862 – 2882 As long as price stays below the 2862-2882 range, the trend is bearish short-term. A break above could signal a bullish continuation. 📈 What’s your take on gold? Will we see $3000 soon?
OANDA:XAUUSD
by Chefty69