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Harmonic Patterns

EURUSD BULLISH OR BEARISH DETAILED ANALYSISEURUSD is currently in a critical retesting phase after a strong bullish breakout. Price action is finding solid support around the 1.1200–1.1300 zone, an area that has previously acted as major resistance. As long as this zone holds, I expect a healthy bullish bounce that could fuel a continuation toward the 1.1800 level. Market structure remains bullish, and this pullback seems more like a technical correction before the next rally. Fundamentally, the euro is being supported by a weaker US dollar sentiment due to growing expectations of Federal Reserve rate cuts later this year. At the same time, improving Eurozone data and stabilizing inflation pressures are adding positive momentum to the EURUSD pair. If the US GDP numbers and inflation figures continue to disappoint, we could see further downside pressure on the dollar, pushing EURUSD higher. Technically, the weekly chart shows a clean breakout from a long-term consolidation, and now the price is retesting the broken resistance as new support. The structure aligns perfectly with a bullish continuation setup. A strong bullish candle from this zone would be a major confirmation for buyers to target 1.1800 in the coming weeks. In my view, EURUSD remains one of the strongest setups on the forex board, supported by both technical and fundamental factors. Traders should monitor key economic releases like US PCE data and Eurozone CPI, as they will drive volatility and direction. I stay bullish above the 1.1200 level and see excellent risk-reward potential in this trade idea.
Long
by AndrewsMarket-Mastery
1
CHECK GBP/USD SIGNAL ANALYSIS | GO AND READ CAPTIONHello traders! I’m watching a potential SELL setup on GBP/USD. Let’s break it down: Technical Analysis: • Price respecting the descending channel structure ✅ • Strong rejection from the 1.3318 – 1.3330 resistance zone ✅ • Bearish momentum building with lower highs ✅ Trade Setup: 📊 • Entry Zone: 1.3318 – 1.3330 🎯 • Take Profit 1 (TP1): 1.3280 🎯 • Take Profit 2 (TP2): 1.3250 🎯 • Take Profit 3 (TP3): 1.3200 ⛔ • Stop Loss (SL): 1.3340 PLAN: Waiting for bearish confirmation within the entry zone. Will execute upon clear rejection. Patience and risk management are key! NOTE: Trade at your own risk and do proper risk management.
Long
by AlexParker_trader
CHECK EUR/USD SIGNAL ANALYSIS | GO AND READ THE CAPTIONTrading Signal for EUR/USD (H1 Timeframe) Entry Zone: Current market price around 1.13647. Signal Type: Buy (Long Position). Stop Loss (SL): Below the marked support zone, near 1.13500. Take Profit Targets: • Target 1: ~1.13721 • Target 2: ~1.13850 • Target 3: ~1.13922 Analysis: Price is expected to bounce from the support zone (yellow box) and move upward through the targets. A breakout structure is anticipated with higher highs and higher lows. Risk Management: Ensure SL is properly set; move SL to breakeven after reaching Target 1 if preferred. Note: Do trade at your own risk.
Long
by AlexParker_trader
Applying technical analysis in multiple time frames: $RAJAMonthly TF • Trend and momentum using Joe Rabil Method: - After a strong uptrend, the price violently moves back to 18MA. - Setup Pattern: MACD Pinch Play Weekly TF • Trend and momentum using Joe Rabil Method: - Look out for Trigger 1 or 2 Daily TF • Trend and momentum using Joe Rabil Method: - Downtrend and pullback • Harmonic Trading: - Mapping Bullish Bat with target 38.2 and 61.8 • Elliot Wave: - Mapping 123-(45) OR ABC 1H TF • Trend and momentum using Joe Rabil Method: - Daily Pullback is Presumptive Uptrend in 1H TF • Elliot Wave: - Mapping 12-(345) OR AB-(C)
IDX:RAJA
by ysjahrial
BTC - Next to 100k?Bitcoin (BTC/USDT) is currently showing strong price acceptance above the $94,500 region, with the latest POC (Point of Control) holding firm at $94,880, suggesting this is the price where most trading volume has occurred recently. The VAH (Value Area High) sits just above at $95,100, and price is hovering slightly above that range at $95,043, which is an early sign of potential bullish continuation. Each previous breakout leg—such as the one from $91,000 to $94,000—was supported by rising value areas and shifted POCs, showing steady demand and controlled price discovery upward. As long as BTC stays above $94,500, dips may continue to be bought, and bulls are likely targeting $96,200–$97,000 liquidity pockets next. However, any failure to hold above $94,400–$94,500 with a 4H close back below VAL could lead to a rotation back toward the older value area around $93,000, which would shift the bias to short-term range-bound or even corrective. So, more buys can be expected on retests of $94.5K, but profit booking or initial short setups can be planned if BTC prints a rejection wick + closes below the developing POC and VAL — especially below $94,300, which would invalidate current acceptance💥
by MastaCrypta
CORZ / 4h#CoreScientific closed the week with a 31% rising tide. So, the wave structure of impulsive advance quite well suggests adjusting a differing analysis on the prior wave C, in which its wave ((v)) diagonally could have ended last week, so the trend in Minor-degree should have turned upward. >> Technically, continuing to advance towards the origin of the ending diagonal wave ((v)) will highly confirm the trend change( in Minor degree ). #CryptoStocks #CORZ #BTCMining #Bitcoin #BTC
NASDAQ:CORZ
by ElliottChart
Saying No more stop lossesTrade Assessment: My short at $3,305.69 is under pressure with gold at $3,306.52, just 5 pips from my stop-loss. The spike to $3,306.52 looks like a liquidity grab, as smart money often hunts stop-losses above key levels like the $3,306.21 order block before resuming the downtrend. I’m holding the trade for now, as the broader bearish trend remains intact, and my target at $3,294.71 is still valid. However, if price breaks above $3,306.98 (the previous high), I’ll exit early to avoid a trend reversal. I’ve been refining this system for six months, and while it’s rated a ten out of ten, I’ve learned from past mistakes—like missing RSI signals on April 22 at $3,499.99—so I’m staying vigilant.
FOREXCOM:XAUUSDShort
by godshieldufford
Should I hold my short at $3,305.69, or exit now Should I hold my short at $3,305.69, or exit now What do you think, fam? Should I hold my short at $3,305.69, or exit now with gold so close to my stop-loss at $3,306.57? Drop your thoughts below—I’m curious to hear how you’d play this XAU/USD setup! If you’re one of the two ready to join me at Academia for Forex Trading, let’s talk—we’ll hunt these markets together. And while you’re at it, check out Icon Collections Store—does RiverSide, Desire, or Icoca vibe with your trading energy? Let me know!
FOREXCOM:XAUUSDShort
by godshieldufford
Should I hold my short at $3,305.69, or exit now What do you think, fam? Should I hold my short at $3,305.69, or exit now with gold so close to my stop-loss at $3,306.57? Drop your thoughts below—I’m curious to hear how you’d play this XAU/USD setup! If you’re one of the two ready to join me at Academia for Forex Trading, let’s talk—we’ll hunt these markets together. And while you’re at it, check out Icon Collections Store—does RiverSide, Desire, or Icoca vibe with your trading energy? Let me know!
FOREXCOM:XAUUSDShort
by godshieldufford
Godshield Icon’s Gold Hunt: I Went Short at $3,305.69—Hey fam, I went short on XAU/USD at $3,305.69 on the M30 chart from April 25, 2025, at 09:02 PM WAT, and I’m here to break down my trade setup for you. I’ve been hunting gold all week, balancing my trades with my passions like curating scents at Icon Collections Store, and I’m excited to share this move. Let’s recap the setup, see how it aligns with my checklist, and make this interactive—grab a smoothie from Tastequest.com and let’s dive in! The XAU/USD M30 chart shows gold at $3,305.51 (sell price) as of 09:02 PM WAT on April 25, 2025, after a drop from $3,306.57 earlier in the session. I entered my short at $3,305.69, just above the current price, aiming to capitalize on the bearish momentum. The chart highlights a bearish order block at $3,306.21, labeled "SELL 0.03," where smart money distributed before the sharp drop to $3,294.71 earlier in the session (as seen in your previous chart). Price retested this order block and rejected it, dropping to $3,305.51, which aligns with my entry at $3,305.69.Let’s run through my checklist to see how this trade fits your criteria, which you’ve fine-tuned over six months:Harmonic Patterns: No specific XABCD structure like a bearish shark is visible here, but the bearish momentum aligns with my earlier analysis this week—bearish three drives, head and shoulders, and a bearish shark on April 25, suggesting the downtrend continues.Market Structure: Bearish continuation is clear—lower highs and lower lows after the drop from $3,306.57. The break below $3,306.21 (the order block) confirms sellers are in control, aligning with the break of structure (BOS) I often look for, as seen on your April 27 chart.Order Blocks: Confirmed at $3,306.21, where sellers distributed. My entry at $3,305.69 came after the retest and rejection of this zone, as price dropped to $3,305.51, validating the bearish order block.Volume Profile: Not visible, but I’d expect high volume at $3,306.21, where sellers defended, and a Fair Value Gap below acting as a magnet, likely near $3,294.71, the session low.Top-Down Analysis: H4 and H1 (not shown but implied) are bearish, as I’ve noted this week with gold dropping from $3,499.99 on April 22. M30 narrows the setup, and M15 would be my strike zone for the retest of $3,306.21 as resistance.Heikin Ashi: Not visible here, but I prefer red candles for sells. Given the bearish momentum and the drop after my entry, I’d expect red Heikin Ashi candles on M15, confirming my sell.Fibonacci: Drawing Fibs from the high at $3,306.57 to the low at $3,294.71, the 38.2% retracement is around $3,299.21, and the 61.8% is near $3,302.21. My entry at $3,305.69 is just above the 61.8%, and I’m targeting the 0% Fib at $3,294.71.Gann Theory: Not drawn, but the descending trendline from my earlier charts points to a target near $3,294.71, aligning with Gann angles I often use.MACD and RSI: Not shown, but based on my system, I’d expect a bearish crossover with a negative histogram on MACD and RSI below 50, likely showing bearish divergence at $3,306.21, as noted in my follower note.Risk Management: I risk small to win big. My sell at $3,305.69, stop-loss above the high at $3,306.57 (88 pips risk), and take-profit at $3,294.71 (1098 pips reward) gives a 1:12.5 reward ratio—higher than my usual 1:3, but I’m aiming for the session low given the strong momentum.Confirmation: I wait for all pieces to align. The retest of $3,306.21, bearish momentum, and likely red Heikin Ashi on M15 were my signals. I entered at $3,305.69, just after the rejection, which is slightly early but still within the order block zone. Trade Assessment: My entry at $3,305.69 is solid, as it’s within the order block zone and follows the rejection at $3,306.21. However, in my last message, I suggested waiting for a pullback to $3,306.21 for the best entry, which would’ve given a slightly better risk-reward ratio (36 pips risk, 114 pips reward, 1:3 ratio). Entering at $3,305.69 means I jumped in a bit early, but the trade is still valid given the bearish momentum and rejection. I’m targeting $3,294.71, the session low, with a stop-loss at $3,306.57 to protect against a liquidity grab. This trade aligns with my system, which I’ve rated a ten out of ten, but I need to work on my patience—waiting for that exact retest could’ve optimized my entry, as I’ve missed timing before (like on April 23 when I entered a sell late at $3,310 instead of $3,315). What do you think, fam? Was my short at $3,305.69 a good move, or should I have waited for $3,306.21 as I initially planned? Drop your thoughts below—I’m curious to hear how you’d play this XAU/USD setup! If you’re one of the two ready to join me at Academia for Forex Trading, let’s talk—we’ll hunt these markets together. And while you’re at it, check out Icon Collections Store—does RiverSide, Desire, or Icoca vibe with your trading energy? Let me know!
FOREXCOM:XAUUSDShort
by godshieldufford
Godshield Icon Entries on Gold market Hey fam, someone’s asking if I’m going short on the gold market right now or waiting for confirmation at $3,300, and I’m here to spill the tea on my XAU/USD M30 strategy. I’ve been hunting gold all week, balancing my trades with my passions like curating scents at Icon Collections Store, and I’m ready to dive into this setup. Let’s break it down with my checklist, share my thoughts, and make this interactive—grab a smoothie from Tastequest.com and let’s talk!
FOREXCOM:XAUUSDShort
by godshieldufford
Chart Update: Wedge & Triangle Detector on SAIA (April 2025)Today’s analysis highlights a major wedge formation detected on the SAIA chart using the Wedge & Triangle Detector with Vector Gradient Background. 🔍 Key Observations: Wedge/Triangle breakout potential is clearly forming. The measured move target is projecting a +281% potential gain from the current wedge structure. Breakout Target Zone: ~875 USD based on Fibonacci extensions and wedge height. Immediate Resistance: ~628 USD (historical high level). Support Zone: ~323 USD to 428 USD (Fibonacci 0.236 to 0.5). 📊 Indicators: Magnitude & Vector Analysis shows bullish setup building (+1.764 magnitude on support vectors). Volume pressure appears ready to break the tightening range. ⏳ Long-Term Outlook: If this wedge resolves to the upside, SAIA could enter a massive multi-year bullish phase. Conservative projections based on technicals put a price target well above current levels, aligning with Fibonacci 1.618 to 2.618 extensions. ⚡ Final Thoughts: This setup is one to watch closely. Triangles and wedges often lead to explosive moves once the squeeze finishes. As always, manage risk and watch for confirmation signals before entering. #Trading #TechnicalAnalysis #SAIA #BreakoutSetup #Fibonacci #WedgePattern #StockMarket
NASDAQ:SAIALong
by wulrahmah
My Week in the Gold Market by Godshield Icon ### Catchy Caption: "Godshield Icon’s Gold Rush: A Week of Wins, Lessons, and Market Mastery on XAU/USD!" Hey fam, let’s dive into my wild week in the gold market, from Sunday, April 20, 2025, to today, Friday, April 25, 2025. I’ve been hunting on the XAU/USD charts, balancing my love for trading with my other passions, and I’m here to break it all down for you—my strengths, my slip-ups, and everything in between. Grab a smoothie from Tastequest.com, spritz on some Icoca from Icon Collections Store, and let’s talk gold! My Week in the Gold Market Sunday, April 20, 2025: I kicked off the week with a deep dive into the XAU/USD 4-hour chart. Gold was sitting pretty around $3,400, still buzzing from the record high of $3,499.88 earlier in the week on April 22, as reported by LiteFinance. I spotted a potential pullback after the Shanghai Gold Exchange hit its 8th consecutive high, per BullionVault, and decided to wait for confirmation. My plan was to catch a dip using my harmonic patterns—something I’ve been mastering since my early trading days in 2020. I didn’t enter any trades yet, just stalked the market like a predator. Monday, April 21, 2025:* Gold topped $3,400 after Trump’s comments on Fed Chair Powell sent the US dollar sliding, according to BullionVault. I saw an opportunity on the M30 chart and jumped in with a buy trade at $3,410, aiming for a quick 50-pip scalp—similar to my scalping strategies back in March when I targeted 20 pips on a 15-minute chart. I used my go-to tools: Heikin Ashi for trend confirmation and order blocks to pinpoint smart money zones. My entry was spot-on, and I closed the trade at $3,415, pocketing a solid win. But the market was volatile—gold later pulled back below $3,300 by the end of the day, a 2.3% drop from its peak, which had me second-guessing if I should’ve held longer. Tuesday, April 22, 2025: Gold hit that all-time high of $3,499.88, and I was hyped! I analyzed the 1-hour chart, spotting a Bullish Bat pattern forming, a setup I’ve been refining since my harmonic pattern deep dives. I entered a buy at $3,480, setting a tight stop-loss at $3,470 and a take-profit at $3,500, aiming for a 1:2 risk-reward ratio. The trade played out perfectly, hitting my target mid-day. But I missed a bigger move—gold futures later dropped to $3,300 by April 24, per Investopedia, and I could’ve flipped to a sell if I’d paid closer attention to the RSI showing overbought conditions, as noted by LiteFinance. Wednesday, April 23, 2025: The market got a breather as Trump softened his stance on tariffs, per Investopedia, and gold settled around $3,300. I decided to test a sell trade on the M30 chart after spotting a bearish shark pattern—part of the setup I shared in my follower note today. I entered at $3,310, with a stop-loss at $3,320 and a take-profit at $3,290, targeting the lower trendline of my descending channel. The trade hit my take-profit, but I noticed I was late on my entry; the neckline retest on the 15-minute chart had already happened, and I could’ve gotten in at $3,315 for a better risk-reward. My impatience cost me a few pips. Thursday, April 24, 2025: Gold was at $3,300, and I took a step back to analyze the bigger picture. The market was choppy after a 3.5% drop in gold futures, as Investopedia mentioned, and I didn’t want to get whipsawed. I focused on backtesting my strategy instead, refining my checklist with MACD and RSI for momentum—something I’ve been working on for six months. I also prepped my follower note, detailing the bearish three drives and head and shoulders patterns I’d been tracking, which played out today. No trades, but I felt sharp and ready. Friday, April 25, 2025 (Today): Gold’s at $3,293.92, according to LiteFinance, and I’m wrapping up the week with my follower note on XAU/USD M30. I didn’t trade today—markets like MCX were closed for Good Friday earlier this week, and I’ve been cautious after Monday’s volatility. Instead, I shared my analysis: a bearish shark confirming the downtrend, with supply at the right shoulder of the head and shoulders and demand near the lower trendline. I’m still looking for two people to join me at Academia for Forex Trading—hit me up if you’re ready to hunt! My Strengths - Pattern Recognition: I’m a beast at spotting harmonic patterns like the Bullish Bat and Bearish Shark. My Tuesday buy trade at $3,480 was a textbook example of how I use Fibonacci ratios and market structure to nail entries. - Discipline: I stuck to my checklist this week—waiting for Heikin Ashi confirmation and order blocks before jumping in. My Wednesday sell trade at $3,310 showed how I align every piece before striking. - Adaptability: I’ve been trading gold since 2020, and I’ve learned to pivot fast. Monday’s quick scalp at $3,410 and my decision to sit out Thursday’s choppy market show I can read the market’s mood and act accordingly. Areas of Weakness - Overthinking Momentum: I missed a bigger move on Tuesday because I didn’t trust the RSI’s overbought signal. LiteFinance noted the bearish divergence, and I should’ve flipped to a sell sooner instead of chasing the uptrend. - Timing Entries: Wednesday’s sell at $3,310 was late—I could’ve entered at $3,315 if I’d been more patient for the neckline retest. I need to work on timing my entries better, especially in volatile markets. - Emotional Balance: My mother’s concern about my losses (like she mentioned today) got in my head mid-week. I stayed disciplined, but I need to better separate emotions from trading, especially after a string of stop-loss hits. Vibe Check So, what do you think, fam? Should I have gone for that sell on Tuesday, or was I right to lock in my profits? Drop your thoughts below—I’m curious to hear how you’d play this week’s XAU/USD moves! And if you’re one of the two ready to join me at Academia, let’s talk. We’ll hunt these markets together, using the same checklist that’s got me rating my system a ten out of ten. Oh, and while you’re at it, check out Icon Collections Store—grab a 6ml sample of RiverSide, Desire, or Icoca, and let me know which scent vibes with your trading energy! Note for My Followers - April 25, 2025 Memo: Godshield Icon I’m dropping this XAU/USD M30 insight because my system’s a damn executioner, and you need to see how I hunt the market. This chart is a textbook of bearish patterns—first a bearish three drives showing smart money exhausting buyers with three weakening upward pushes, then a head and shoulders with the neckline break confirming the reversal, and now a bearish shark forming to seal the deal, all playing out within my descending trendlines. Smart money’s been in control from the start, distributing at the peaks, grabbing liquidity, and dumping price to hunt stop-losses below key levels. Supply and demand zones are my edge—supply at the right shoulder of the head and shoulders where sellers stacked orders before the break, demand near the lower trendline where buyers might step in, my target for this bearish move. My checklist operations are a predator’s playbook. I start with harmonic patterns, hunting XABCD structures like the bearish shark I’m seeing now, signaling smart money’s reversal zones. I confirm market structure, looking for breaks of structure to show trend shifts—here, the neckline break confirms bearish continuation. I identify order blocks, those consolidation zones where smart money stacks orders, like the bearish order block at the right shoulder where sellers distributed. Volume profile is key—I check for high volume nodes where price stalls, like the neckline where sellers defended, and low volume nodes that act as magnets, like gaps below the neckline. Top-down analysis keeps me sharp—four-hour timeframe sets the bearish trend, one-hour confirms the break, thirty-minute narrows the setup, fifteen-minute is my strike zone, waiting for a neckline retest. I use Heikin Ashi for confirmation—red candles mean sell, waiting for red on the fifteen-minute at the retest. Fibonacci levels mark my targets—I focus on key extensions to set exits, like targeting the lower trendline of the channel. Gann theory adds confluence—I look for angles or retracements to align with my setups, like a Gann angle pointing to the lower trendline. MACD and RSI measure momentum—MACD’s bearish crossover and negative histogram confirm the downtrend, RSI below fifty with bearish divergence at the right shoulder seals it. Risk management is my law—I risk small to win big, stop-loss above the right shoulder, take-profit at the lower trendline, aiming for a high reward ratio. I monitor news and liquidity traps—fake spikes above the neckline are smart money’s tricks, so I stay sharp. I wait for confirmation—every piece aligns, or I walk, then I document to keep my edge razor-sharp. I’m rating this system a ten out of ten—harmonic patterns, Smart Money Concepts, volume profile, top-down analysis, and now MACD and RSI for momentum make it untouchable. I’ve fine-tuned this over six months, backtesting until it’s a weapon. I need two of you to join me at Academia—let’s hunt together. DYOR Shieldsmine Diaries
FOREXCOM:XAUUSDShort
by godshieldufford
Gold price remains volatile at 3,300, short-term operation 💹Fundamental analysis Fed officials have hinted at an openness to possible rate cuts, a stance that could limit further gains in the U.S. dollar (USD) and provide support for non-yielding gold prices. In addition, growing concerns about the economic impact of President Donald Trump's aggressive tariff measures, coupled with ongoing geopolitical instability, continue to enhance the appeal of safe-haven assets. In this environment, the overall trend of gold remains biased to the upside, prompting traders to remain cautious when considering bold shorts. 📊Comment Analysis Continue to consolidate, the price range fluctuates around 3300 💰Strategy Package Long position: Actively participate at 3282 points, profit target around 3320 points Short position: Actively participate around 3320 points, profit target around 3300 points ⭐️ Note: Labaron hopes that traders can properly manage their funds - Choose the number of lots that matches your funds - Profit is 5-10% of the fund account - Stop loss is 1-3% of the fund account
OANDA:XAUUSDShort
by Labaron
1