This is a 4-hour chart of Bitcoin (BTC/USD)This is a 4-hour chart of Bitcoin (BTC/USD) showing a key resistance level around $86,527 and a potential bearish move towards lower support zones.
Analysis:
Price is currently trading near the resistance zone, struggling to break above it.
A sell setup is suggested, expecting rejection from resistance.
The first target is around $78,500, with an extended downside target at $75,869 and possibly $71,580 if momentum continues.
A stop-loss level is placed above resistance at $86,527, indicating a risk management strategy.
The overall structure suggests bearish sentiment unless price breaks above resistance.
Potential Trading Plan:
📉 Bearish Scenario:
Short below resistance confirmation.
Targets at $78,500, $75,869, and $71,580.
Stop-loss above $86,527.
📈 Bullish Scenario:
A break and close above $86,527 could invalidate the bearish setup.
Shark
Pepe - Internal Bullish & External Bearish Gartley - 11/03/2025Fistly, the only harmonis I can find that extends so far on C or D is shark harmonic. Not sure if these are actually valid however, I'm finding them useful to guage on fib retracements at very least!
Internal Gartley in Red - Target A - Mediumm term
External Gartley in Blue - Target D (Best case) at 1.618. Taking us to those evil 3 peaks!
Given these analysis on BTC and Futures, I'm pro bullish.
Just an idea. Happy trading. :)
GBP/USD 15-Minute Chart: Bearish Reversal at Harmonic CompletionThe chart showcases a well-defined harmonic pattern, the Shark, with the price reaching the terminal zone at 1.2670 , marked by a red downward triangle. This suggests a potential reversal zone where selling pressure may emerge.
Key observations:
The price has reacted strongly at the completion point, aligning with Fibonacci extensions.
Overbought conditions are evident in the RSI and other momentum indicators, indicating potential exhaustion of the bullish trend.
Target levels:
T1: 1.26241
T2: 1.25741
Suggests a possible downside move if the reversal confirms.
Traders should watch for bearish confirmation before entering short positions, while bulls may seek a break above 1.2670 for further upside.
SOLUSD Weekly Outlook: Bullish Shark PatternUPDATE
Bullish Shark Completion & Emerging Divergence
Shark Pattern in Play: Following our previous analysis, BINANCE:SOLUSD has completed the Bullish Shark pattern at the 0.886–1.13 retracement of the 0-X leg. Price action is now reacting around this deeper PRZ, suggesting a potential reversal may be underway.
DMI Delta Divergence: We’re seeing a bullish divergence between price and the DMI Delta—an early sign that bearish momentum could be fading. This divergence reinforces the likelihood of a bounce from the current levels.
If this divergence is confirmed with a strong bullish candle or surge in volume, it may validate the Shark pattern and open the door for a trend reversal. Keep stops below the 1.13 extension to manage risk, and watch for price targets around the 38.2% or 61.8% retracement of the new leg.
Bullish Shark On $WIF's Monthly ChartI haven't really posted much on Carney's Harmonic Patterns, but as I was working on some material for The Litepaper, I glanced at dogwifhat's monthly chart and noticed it looked very much like shark pattern - but I wasn't even 80% sure. Had to pull out my notes.
Turns out, dogwifhat's monthly candlestick chart is a perfect Bullish Shark Pattern
AB = 0.982 of XA → Nearly a 1.0 retracement, which fits within the Shark's extended AB range (0.886 – 1.13 XA).
BC = 0.992 of AB → Deep retracement, typical of Shark formations where BC is 0.50 – 1.00 of AB.
CD = 1.147 of BC → Falls within the expected 1.13 – 1.618 BC extension for a Shark.
XD = 1.125 of XA → Bulls-eye confirmation—Shark patterns complete at 1.13 – 1.618 XA extension, and your 1.125 is right in that range.
Given Carney's rules, the targets are the 50%, 61.8% and full reversal of CD:
$2.67
$3.04
$4.83
Will be fun to see how it plays out.
If there's a dip below $0.40, then it's invalidated.
SPX Long Trade Setup Analysis (3H Timeframe - Vantage)🔹 Current Setup:
- 🦈 The Bullish Shark Pattern has completed at D (5912.17), indicating a potential reversal zone.
- 📉 Price is currently bouncing off the 1.001 Fibonacci extension level.
- 📍 Key Resistance Levels (Take Profit Targets):
- 🎯 TP1: Fibonacci 27.2% extension (~6201.66)
- 🎯 TP2: Fibonacci 61.8% extension (~6286.52)
- 📍 Key Support Levels:
- ❗ Critical Stop Zone: 5889.73 (inside the previously broken channel)
- 🔻 Deeper Bearish Target: 5782.41 (161.8% Fibonacci extension)
📈 Bullish Scenario (Long Setup)
- 🟢 Entry: Above 5945 (current market price)
- 🎯 Take Profit 1: 6201 (27.2% Fibonacci extension)
- 🎯 Take Profit 2: 6286 (61.8% Fibonacci extension)
- 🔴 Stop Loss: Below 5890 (to avoid whipsaws)
✅ Justification:
- 🔹 Price has bounced from a strong Fibonacci support level
- 🔹 Harmonic pattern suggests a potential bullish reversal
- 🔹 TP targets align with Fibonacci extension levels and previous structure resistance
📉 Bearish Scenario (Short Setup)
- ❌ Invalidation Level: Below 5880
- 🔻 Downside Targets:
- 5820: First support area
- 5782: 161.8% Fibonacci extension
✅ Justification:
- ❗ If the price breaks below 5890, the harmonic pattern fails, signaling more downside
- ❗ 5782 aligns with channel equilibrium, meaning a further drop could happen
⚡ Key Takeaways
- 🔹 Bullish bias above 5912, bearish below 5890
- 🔹 A break above 6000 will confirm the uptrend
- 🔹 A break below 5880 could lead to 5782 or lower
VIX Shark Is Set to Soar. the VIX Shark is about to go through the roof, like seriously, it's set to soar by about 14.6!
That's some crazy movement right there. I can already picture the market going wild with all that volatility.
It's like the calm before the storm, you know? Better hold on tight and brace ourselves for some serious action.
Who knows what's gonna happen next? It's like a rollercoaster ride, but for your investments. So, if you're in the game, get ready for some adrenaline-pumping moves.
And if you're not, well, maybe now's the time to dip your toes in and see what all the fuss is about . Either way, it's gonna be one heck of a ride!
XAUUSD BULLISH PATTERN CHARTHEY,
all my trader friends if you see m30 there is strong support at 2895 to 2899 so posible to gold fall and retest the area of this level and pull back to 2915.
if powell speaks is good for currency that time so we see gold fall wanna gold again buy from 2895.
BUY scenerio target 2916 this position all trader booked their 50% profit and half for continue to 2940
Nifty is it towards 22800/22300 ? - Read description in detailFollowing my post on August 5 after a dead cat bounce,
Nifty has started to form Cypher or Shark pattern on weekly time frame.
For a Cypher pattern: it will touch 23870/23216/22800
To form a shark pattern fall may extend up to 22300.
It is expected to complete this by December end.
Syengene Forming Shark pattern (Bearish Mode)Syengene has formed bearish Shark pattern on weekly time frame
776 is an important support at 0.5 Fib. Immediate target at 776.
If it closes below 776 on week candle, then rest target to follow and could go down more till 400.
Target1 - 776
Target2 & 3 - 736 / 680
Target4 & 5 - 515 / 400
IRI Integrated Research WeeklyIRI Weekly
Looking for an entry into this, as fundamentals are good and it appears undervalued
Technically near long term support level and has 2x bullish harmonic patterns being a bullish bat and a bullish anti shark
These patterns complete at different levels being $0.40c and $0.205c
Clearly I prefer $0.205 with oversold indicators as well but this may or may not happen
Not enough for me to buy right now but I've added to my watchlist
Likely enough to double investment, so this would become a buy, sell half at double and keep the rest to a long term target over years
SDL NZ On medium to long term buy watchlistCurrently in a restructure, small cap stock with good fundamentals i.e. profitable and current ration of 2.0
is a software based company so has the ability to scale quickly without large investment
Will be eyeing up a position around $0.42, with first target around $1.50 and possible exit around $2.45
This is a monthly chart so is a long term trade...
Option B could be sell enough to get original money back at $1.50 and reinvest elsewhere while holding the rest till $2.45 to cash in