Get started

Harmonic Patterns

Potential bullish rebound?EUR/JPY is reacting off the pivot and could rise to the 1st resistance which lines up with the 50% Fibonacci retracement. Pivot: `155.94 1st Support: 153.99 1st Resistance: 158.57 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 drop?EUR/GBP is rising towards the pivot and could drop to the 1st support. Pivot: 0.83138 1st Support: 0.82638 1st Resistance: 0.83575 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
BITCOIN Is this a healthy Bull Cycle pullback or new BEAR CYCLE?Bitcoin (BTCUSD) has broken below the $90k barrier, reaching so far today 89000. The market is undeniably bleeding and this is roughly a -19% price decrease from January's All Time High (ATH). Talks about the end of this Bull Cycle have resurfaced again, but is this the start of a new Bear Cycle or simply a usual technical pull-back during a Bull Cycle? Well we can find the answer by examining the 3 most recent Bull Cycles. As you can see, such declines are common during Bull Cycles, and they've been very well present on the current (2023 - 2025) Bull Cycle as well. Going back to the 2015 - 2017 Bull Cycle, we can see four -40% corrections, with an average Cycle decline of -35.28%. The average in the following Bull Cycle (2019 - 2021) declined to -26.12% with many -30% corrections this time. On the current Cycle, the average is so far -23.60% with the vast majority of corrections being around -20%, which is exactly what we are up against at the moment. As you realize, the corrections have been greater in the past, which is natural as so were the total Cycle gains, so the higher the rallies, the stronger the corrections have been. As Bitcoin started to normalize, become mainstream and adopted, the Cycles returns started to diminish, offering subsequently smaller/ more manageable pull-back phases. As a result, it is very likely for BTC to be experiencing at the moment a typical Bull Cycle pull-back and equally probable not to diverge much from the -20% mark of the current Cycle standard. But what do you think? Is this the start of a new Bear Cycle or just a Bull Cycle pull-back? And if it's the latter, will it stop around the current -20% levels? 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
13
BTC Harmonic Patterns Indicate Potential Reversal ZoneBTC Harmonic Patterns Indicate Potential Reversal Zone BTC is currently indicating two harmonic patterns within a very strong zone. On the left side of the chart, BTC appears to have the potential to move down further. However, the presence of these two patterns suggests that it could also encounter strong resistance between 88,200 and 84,330. This could be a potential reversal zone for BTC (88,200 -84,330) , where the bulls may re-enter the market. You may want to watch for reversal signs within the red zone if the price moves down further. However, it's also possible that BTC may rise from the current zone. The challenge is that BTC is not providing enough data to have a clearer idea. 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❤️
Long
by KlejdiCuni
4
XAUUSD| GOLD HOLDS ABOVE 2935, EYES 2975HELLO, HAVE A NICE AND PROFITABLE DAYS Gold prices edged up on Monday to trade near its record peak, helped by a weaker U.S. dollar, while investors looked ahead to a key inflation report due later this week to gauge the Federal Reserve’s interest rate trajectory. Gold (XAU/USD) remains above the 2935, which is last previous resistance. Buyers are holding control, keeping the bullish trend intact. As long as the price stays above 2935, the next target remains 2975, which is a new high level. however, a sustained bearish trend will only be confirmed if the price falls below 2935 By closing 4H candle, in which case it is expected to fluctuate between this level and 2908. If this analysis makes sense to you, let me know in the comments! Also, feel free to share your perspective on the market .
OANDA:XAUUSDLong
by ArinaKarayi
2
Gold’s Uptrend Intensifies: 2955 in FocusFundamental Factors Driving Gold Prices 1. Record Highs and Investor Sentiment Gold is currently trading near its all-time high of $2,956, a level that represents a key psychological threshold for market participants. The fact that the price has not seen significant rejection from these highs suggests that the bullish momentum remains strong, but investors are pausing to reassess market conditions before committing to further upside movement. 2. Trade War Fears: Trump's Tariff Policies & Export Restrictions on Nvidia A major geopolitical factor influencing gold at the moment is renewed trade war fears following Donald Trump’s statements regarding tariffs and export controls. The former U.S. president has hinted at imposing stricter tariffs and additional restrictions on high-tech exports, particularly those involving Nvidia’s advanced semiconductor chips being sent to China. This development is crucial because: It revives U.S.-China tensions, which have historically been a strong bullish catalyst for gold as a safe-haven asset. It could weigh on global equity markets, causing risk aversion and prompting investors to seek protection in gold. It increases uncertainty in global trade and economic growth projections, which supports demand for non-yielding assets like gold. 3. Risk Sentiment & U.S. Dollar Strength While gold benefits from safe-haven demand, its gains are currently being partially offset by a stronger U.S. dollar. The greenback has been gaining traction amid concerns about global economic stability, which puts some downward pressure on gold. However, this is being counterbalanced by lower U.S. Treasury yields, which make non-yielding assets like gold more attractive in comparison. 4. Federal Reserve Policy Outlook Another key factor supporting gold’s bullish case is the growing expectation of Federal Reserve rate cuts. With inflation showing signs of moderation and economic uncertainty rising, market participants are increasingly pricing in the possibility that the Fed could ease monetary policy sooner than expected. This expectation puts downward pressure on bond yields and the dollar, both of which typically support gold prices. 5. Key Economic Events to Watch Gold’s price action will be closely tied to upcoming economic data, particularly: U.S. Consumer Confidence Report – A weaker-than-expected reading could fuel recession fears, increasing demand for gold. Tariff Negotiation Developments – Any new statements from U.S. or Chinese officials regarding trade relations could cause sharp movements in gold prices. Technical Analysis: Key Levels & Patterns Resistance Levels to Watch $2,940 – This is a local resistance level that gold needs to break in order to continue its ascent. A strong bullish move above this area would indicate that buyers are ready to push for higher targets. $2,954.5 – This is a critical breakout level and potential trigger for further bullish momentum. If gold breaks and holds above this level, it would likely confirm a continuation of the rally. $2,960-$2,970 Range – If gold breaks above $2,954.5, the next potential target would be in this range, with a strong possibility of testing new all-time highs. Support Levels to Watch $2,930.7 – A key support level where buyers may step in if gold experiences a short-term pullback. $2,921 – A stronger support zone that, if broken, could indicate a deeper correction before a potential bullish continuation. Ascending Triangle Support – Gold’s ascending triangle pattern has a dynamic support trendline, meaning that higher lows are forming over time. As long as price action respects this trendline, the bullish structure remains intact. Scenario 1: Bullish Breakout Above $2,954.5 If gold successfully breaks above $2,954.5 with strong volume and momentum, we could see an acceleration towards $2,960-$2,970. Beyond that, a test of the psychological $3,000 mark is a possibility, especially if risk-off sentiment continues to dominate global markets. Scenario 2: Range-Bound Consolidation Between $2,940 - $2,954.5 If gold remains trapped in this range, traders should watch for low volatility periods that might precede a breakout. This scenario could last until a significant catalyst (e.g., economic data, Fed statements, trade war news) triggers a decisive move. Scenario 3: Bearish Pullback to $2,930.7 or Lower If gold fails to break $2,954.5 and sees increased selling pressure, it may retest support at $2,930.7 or even dip toward $2,921 before attempting another leg higher. A break below $2,921 would weaken the bullish case and shift the focus to deeper support levels. Market Outlook: Factors to Consider Bullish Drivers: Strengthening safe-haven demand due to geopolitical risks. Lower bond yields increasing gold’s appeal as a non-yielding asset. Potential Fed rate cuts in the coming months. Bearish Risks: Strengthening U.S. dollar, which could limit gold’s upside. Profit-taking near all-time highs, causing short-term pullbacks. Conclusion: Gold Positioned for a Potential Breakout, But Key Levels Must Be Cleared Gold remains in a bullish technical setup, with an ascending triangle signaling potential for an upward breakout. However, the next major move depends on whether gold can decisively break the $2,954.5 resistance level or if it will continue consolidating before another push higher. With geopolitical tensions, central bank policies, and upcoming economic data releases in focus, traders should remain cautious but prepared for high volatility in the coming sessions. A breakout above $2,954.5 could trigger a strong rally, while a failure to sustain momentum may lead to a short-term pullback.
FX:XAUUSDLong
by lonelyPlayer0
BTC USD buy zone @89,300 H4chart analysis📉 BTC/USD Sell Signal 📉 🔹 Entry: 89,300 🔹 Take Profit Targets: 🎯 TP1: 94,000 🎯 TP2: 98,000 🎯 TP3: 100,200 🎯 Final Target: 106,200 🔹 Stop-Loss: 80,500 📊 Trade wisely and manage your risk! 🚀 It looks like you're identifying a buy zone at 89,300 based on your H4 (4-hour) chart analysis. Here are a few things to consider: Key Technical Factors to Watch: 1. Support & Demand: If 89,300 aligns with a strong support level, it could be a good buy zone. Check if price has bounced from this area previously. 2. Indicators Confirmation: RSI: Is it near oversold (below 30)? Moving Averages: Is price interacting with a key MA (50, 100, or 200)? Fibonacci Levels: Does 89,300 align with a retracement level? 3. Market Structure: Look for bullish candlestick patterns (hammer, engulfing) in this area. Trend direction—are we in a larger uptrend or downtrend? 4. Liquidity & Order Flow: If there's a liquidity grab (fakeout below a previous low), this could trigger a bullish reversal. 5. News & Fundamentals: Keep an eye on economic data (interest rate decisions, inflation reports). Would you like help with entry confirmation strategies or stop-loss placement? --- Let me know if you want any modifications!
OANDA:BTCUSDLong
by Geroge_Fx
5
Dow Jones D1 | Overlap support at 50% Fibonacci retracementDow Jones (US30) is trading close to an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 43,330.55 which is an overlap support that aligns with the 50.0% Fibonacci retracement. Stop loss is at 42,800.00 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement. Take profit is at 44,325.14 which is an overlap resistance that aligns with the 61.8% Fibonacci retracement. 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. 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 (www.fxcm.com): 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 (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:US30Long
by FXCM
HMSTRUSDT UPDATEHMStrUSDT is a cryptocurrency trading at $0.0017. Its target price is $0.0023, indicating a potential 30%+ gain. The pattern is a Falling Wedge, a reversal pattern signaling a trend change. This pattern suggests the downward trend may be ending. A breakout from the wedge could lead to a strong upward move. The Falling Wedge is a positive signal, indicating a potential price surge. Investors are optimistic about HMStrUSDT's future performance. The current price may be a buying opportunity. Reaching the target price would result in significant returns. HMStrUSDT is poised for a potential breakout and substantial gains.
Long
by CryptoWithJames
Kiwi H1 | Heading into swing-high resistanceThe Kiwi (NZD/USD) is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.5736 which is a swing-high resistance that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 0.5756 which is a level that sits above the 61.8% Fibonacci retracement and a swing-high resistance. Take profit is at 0.5708 which is an overlap support that aligns close to the 78.6% Fibonacci retracement. 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. 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 (www.fxcm.com): 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 (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