MrVNpt

MrVNpt

The USD/JPY has completed a Bearish Gartley harmonic pattern, with the critical reversal zone (point D) aligning near the 154-155 resistance area. This technical confluence suggests a potential short opportunity for a trend reversal in the short to medium term. Strategy: Sell at the Reversal Zone (Point D) Rationale: The 154-155 zone represents a critical...

MrVNpt

The AUD/USD is setting up for a potential reversal near a key harmonic "Gartley" formation. This advanced technical structure, combined with critical confluences, highlights an area of high-probability trade opportunities. Strategy: Buy at the Reversal Point (D) Rationale: The harmonic Gartley pattern suggests a potential trend reversal near 0.628, aligning...

MrVNpt

On the daily chart, Gold (GOLD/USD) remains in a long-term ascending channel but is currently testing a critical support area around 2,550.00, following a significant retracement from the recent high of 2,800. This support level suggests a potential reversal or price stabilization, given its historical role as a strong technical barrier. Technical indicators also...

MrVNpt

The GBP/USD pair is currently in a corrective movement with signs indicating a potential short-term bullish reversal, as evidenced by the formation of a Bullish Gartley pattern near the 1.2700 support. This key support level is likely to attract buyers, given the confluence of technical factors suggesting a possible recovery from this point. Technical Indicators...

MrVNpt

USD/CAD has been in a long-term uptrend, recently approaching a critical resistance zone. Price action suggests a potential shift from bullish to bearish due to the formation of a harmonic pattern that implies a possible corrective move. However, given the strength of the current uptrend, any pullback could be temporary, presenting future buying opportunities...

MrVNpt

The NZD/USD pair has been in a long term downtrend, with multiple ups and downs. Recently, the pair has formed an AB=CD harmonic pattern, reaching point D near a critical support level around 0.595. This level coincides with a strong psychological and technical support zone, which has historically held up well for the pair. The TDI indicator reveals a bullish...

MrVNpt

CAD/JPY pair has shown a consolidation pattern and recent recovery following a sharp drop from highs near 118.80. After this correction, price has established a support base around 104.50 and has recently climbed back to 111.00, encountering a significant resistance level. On the daily chart, CAD/JPY shows resistance near the 50 and 200-period moving averages,...

MrVNpt

We're looking at an interesting technical setup on the GBP/USD daily chart, where a Head and Shoulders (H&S) pattern has formed, signaling a potential trend reversal from bullish to bearish. Here’s a breakdown of the context and two trade strategies based on this pattern and key levels. Trend and Context Analysis The Head and Shoulders (H&S) pattern suggests...

MrVNpt

We’re observing a potential bullish reversal on the EUR/USD daily chart, as the harmonic ABCD pattern nears completion at a key support zone around 1.0796. This setup aligns well with the technical indicators suggesting a momentum shift, which could provide strong trade opportunities in the coming days. Key Analysis Points: ABCD Harmonic Pattern The pattern...

MrVNpt

The GBP/JPY pair has been in a consistent uptrend since early 2023, following a primary ascending channel. However, the recent price action around key resistance levels indicates a potential shift. Primary Trend: The pair has respected a significant long-term support at 180, which has held strong throughout 2023. Recently, the price tested resistance around...

MrVNpt

In this investment analysis, we are looking at USD/CAD, which is approaching the completion of a Harmonic Bat pattern, with the potential reversal zone (PRZ) around 1.3785 acting as a significant resistance level. After a strong rally from point C, price is now testing this critical area, suggesting a possible short-term correction or bearish reversal. The TDGMA...

MrVNpt

In this analysis of GBP/NZD, the chart highlights the formation of a Harmonic Bat pattern, with price recently reaching point D and showing rejection at a significant resistance zone. This is a classic reversal setup, suggesting a potential bearish move, especially as the TDGMA indicator signals overbought conditions. 1.Short Position from Point D (Bearish...

MrVNpt

The NZD/USD chart shows the formation of a Harmonic pattern. If confirmed, the price recently touched the D point, suggesting a potential bullish reversal after a significant bearish move from point C. According to the TDGMA indicator, the asset is nearing an oversold region, supporting the idea of a possible short-term recovery. Additionally, point D aligns...

MrVNpt

After a strong bullish rally, the weekly chart shows the completion of a Bearish Gartley pattern around the key resistance zone near 16,000, and now the market faces a big question: Are we going to see a reversal, or is the bullish momentum strong enough to break through? Key Considerations: Bearish Gartley Pattern: Traditionally signals a potential...

MrVNpt

The USD/JPY 4-hour chart is showing a clear Bullish Gartley harmonic pattern, followed by a breakout of a descending trendline. After reaching point D of the pattern, the price initiated a bullish reversal. Currently, the price has broken through a key descending resistance line, signaling strong buyer momentum. The TDIGMA oscillator confirms this, with momentum...

MrVNpt

The CAD/JPY 4-hour chart shows a strong bullish movement after completing a Bullish Gartley harmonic pattern. The support zone around point D, acted as a significant reversal point. Now, the price has broken through a descending resistance line, indicating a potential continuation of the bullish trend in the short term. Positive momentum and a favorable technical...

MrVNpt

The EUR/USD chart is showing potential for a bullish reversal with two Gartley patterns forming. The most recent one has nearly completed, and the price is hovering around the D point at 1.094, a significant support zone. Additionally, a long-term uptrend line is providing extra support at this level. With the TDIGMA oscillator indicating overbought conditions and...

MrVNpt

The Silver (XAG/USD) chart has completed a Bearish Gartley pattern, with point D recently hit around 31.15. This suggests a potential bearish reversal in the near term. Price is approaching a critical resistance zone, indicating a likely correction. With the TDIGM oscillator nearing overbought territory, the odds of a pullback are high. 1.Short Sell at Point D...