Get started

Chart Patterns

Potential bearish drop?XAU/USD is rising towards the resistance level which is a pullback resistance that aligns with the 23.6% Fibonacci retracement and could drop from this level to our take profit. Entry: 3,007.14 Why we like it: There is a pullback resistance level that line sup with the 23.6% Fibonacci retracement. Stop loss: 3,059.25 Why we like it: There is a pullback resistance level that lines up with the 50% Fibonacci retracement. Take profit: 2,951.70 Why we like it: There is a pullback support level that is slightly below the 61.8% Fibonacci retracement. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
VANTAGE:XAUUSDShort
by VantageMarkets
Could the Gold rebound from here?The price has reacted off the pivot and could potentially rise to the 1st resistance. Pivot: 2,955.87 1st Support: 2,925.35 1st Resistance: 3,054.56 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.
ICMARKETS:XAUUSDLong
by ICmarkets
Falling towards pullback support?GBP/USD is falling towards the support level which is a pullback support that aligns with the 161.8% Fibonacci extension and the 61.8% Fibonacci retracement and could bounce from this level to our take profit. Entry: 1.2677 Why we like it: There is a pullback support level that lines up with the 161.8% Fibonacci retracement and the 61.8% Fibonacci retracement. Stop loss: 1.2677 Why we like it: There is a pullback support level that is slightly below the 71% Fibonacci retracement. Take profit: 1.2875 Why we like it: There is a pullback resistance level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
Long
by VantageMarkets
BTCUSD: Last chance to prove the Bull Cycle is still intact.Bitcoin remains bearish on its 1W technical outlook (RSI = 40.819, MACD = 1234.500, ADX = 47.185) as it is on the 3rd red 1W candle in a row, which just hit the 1W MA50. First contact since Sep 2nd 2024. The weeky low is also almost at the HL bottom of the Bull Cycle's Channel Up. Needless to say, it has to hold in order for the bullish trend to continue. Practically this is the market's last chance to prove that the Bull Cycle is still intact. So far the -32% decline is no different that all prior inside the Channel Up but an Arc shaped bottom needs to start forming. If it does and that's the new bottom, expect $160,000 by September. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:BTCUSDLong
by InvestingScope
Hellena | GOLD (4H): LONG to resistance lvl 3100 (wave B).Colleagues, at this point I have redrawn the waves a bit and realized that the upward movement is not over yet, but a rather large correction is possible within waves “ABC” and if wave ‘A’ is finished or almost finished, I expect wave “B”. I believe that the price will reach the level of 3100. After that a reversal and continuation of a small downward movement is possible. But for now I would look at long positions. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
FX:XAUUSDLong
by Hellena_Trade
3
WTI CRUDE OIL: Potential bottom and massive rebound to 71.00.WTI Crude Oil got oversold on its 1D technical outlook (RSI = 31.096, MACD = -1.620, ADX = 38.232) but is recovering its 1W candle now as it hit the bottom (LL) of the 1 year Channel Down. If the 1W candle makes a green closing, we will consider this a bottom, as the 1W RSI is also on its LL trendline) and go for a long aimed as the previous one at the 0.618 Fibonacci (TP = 71.00). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
TVC:USOILLong
by InvestingScope
Gold - Bullish Trend Faces a Break – A Deeper Pullback Incoming?Gold has been enjoying a strong and steady uptrend, consistently forming higher highs and higher lows within a well-defined ascending channel. However, we’ve now seen a break of structure, with price closing below the lower boundary of the channel. This signals that Gold might be in for a short-term pullback, as the market seeks to rebalance before the next potential leg up. A break of an ascending channel often suggests that bullish momentum is cooling off, at least temporarily. While this doesn’t necessarily mean a full reversal, it does indicate that buyers may be taking profits, allowing the market to correct before continuing higher. This is a normal and healthy phase in an overall bullish market. Why a Drop to $2960 Makes Sense One of the key reasons to expect a pullback is the large imbalance zone that remains unfilled below current price levels. Imbalances in the market occur when price moves aggressively in one direction without creating proper structural support on the way up. More often than not, the market likes to come back and fill these inefficiencies before continuing in its primary direction. In this case, we have an important confluence around the $2960 level, where the unfilled imbalance meets the 0.618 Fibonacci retracement level (golden pocket). The golden pocket is a high-probability reversal zone, where price tends to react strongly due to the presence of large institutional orders waiting to be executed. This area becomes even more significant when combined with psychological levels and previous price action support. If Gold pulls back to this level, it could be an optimal entry point for buyers looking to ride the next bullish wave. What Comes Next? Once Gold reaches the $2960 region, we will need to watch for strong bullish reactions. If buyers step in aggressively, we could see Gold resume its uptrend and potentially push towards new highs. However, if buyers fail to hold the line at this level, things could get more interesting. A failed bounce at $2960 would open the door for a deeper correction, possibly extending down to the $2860 - $2900 zone, where we have additional technical support levels. While this is not the primary scenario, it’s important to remain aware of the possibility in case bearish momentum increases. Final Thoughts At the moment, Gold is showing early signs of a pullback after breaking out of its ascending channel. The $2960 level is my primary target for this retracement, as it aligns with both the golden pocket and the unfilled imbalance zone. If price reaches this level and reacts bullishly, it could provide a strong buying opportunity before Gold continues its march higher. However, if $2960 fails to hold, we need to be prepared for a larger move downward before the uptrend resumes. Either way, the next few days will be crucial in determining Gold’s next big move. __________________________________________ Thanks for your support! If you found this idea helpful or learned something new, drop a like 👍 and leave a comment, I’d love to hear your thoughts! 🚀 Make sure to follow me for more price action insights, free indicators, and trading strategies. Let’s grow and trade smarter together! 📈
CAPITALCOM:GOLDShort
by TehThomas
77
ETH May Drop to $1,400ETH May Drop to $1,400 Ethereum (ETH) lost nearly 12% of its value within just three days after breaking out of its recent pattern last Friday. The movement of ETH, along with the rest of the cryptocurrency market, is closely tied to Bitcoin (BTC). BTC has already dropped to $81,300 and shows signs of further decline. It's likely that ETH will consolidate near its current level before continuing to move lower, as seen in the chart. For now, it would be wise to wait for the price to form another bearish pattern before entering a trade. There's a strong possibility that ETH may extend its drop to $1,400. 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❤️
Short
by KlejdiCuni
7
Bearish drop?The Bitcoin (BTC/USD) is rising towards the pivot which lines up with the 50% Fibonacci retracement and could drop to the 1st support which is a pullback support. Pivot: 81,250.81 1st Support: 74,377.30 1st Resistance: 84,581.33 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.
ICMARKETS:BTCUSDShort
by ICmarkets
RIOT: Now it has turned into a triple combo correctionSunday night drop broke below $6.36, invalidating the minor wave 2 count and confirming that Intermediate wave 2 is still in progress. This price action can be a triple combination WXYXZ pattern. Now, good news is, this should be the last C wave leg. Bad news is it can still drop quite a bit more before the intermediate wave 2 is invalidated ($3.26). Even though I will most like get shaken out of my position, I will be looking to re-enter at the fib areas (1.618 extension and 2x extension), if price goes down there. Otherwise, I will wait for a bottom to confirm and buy in after a full five waves up and three waves down pattern. For now, need to stay away from the volatility.
NASDAQ:RIOTShort
by mukit1
3
8 April Nifty50 important level trading zone #Nifty50 99% working trading plan C1👉Gap up open 22318 above & 15m hold after positive trade target 22510, 22670, C2👉Gap up open 22318 below 15 m not break upside after nigetive trade target 22142, C3👉Gap down open 22142 above 15m hold after positive trade target 22318, 22510 C4👉Gap down open 22142 below 15 m not break upside after nigetive trade target 22078 C5💫big gapdown open 22070 above hold 1st positive trade view C6💫big Gapup opening 22673 below nigetive trade view 📌For education purpose I'm not responsible your trade More education following me
NSE:NIFTYLong
by mayuraj_820
4
Bitcoin Cash: Your Altcoin ChoiceNotice, the lowest price in more than a year and yet, there is no increase in trading volume. Lower low and no higher bearish volume bars is a signal of weakness for the current trend. This means that the current bearish move lacks force. It is drying out. It is reaching its end. It is done. And that's great for us. I am doing the daily timeframe so focusing mainly on present action. There was a major low in August 2024 followed by a bullish wave. Yesterday produced a lower low, a long-term low but the action closed above the August 2024 low. This means that buyers were ready and waiting for those selling at the low. Those that sold at a strong support, lost their coins. Buyers got a great entry price and are accumulating, waiting to see if more bears will sell so they can buy everything up. If bears sell, good for the bulls as they will get good prices once more before a massive bullish wave. This is not between you and me, this is a battle between whales. Regardless of your beliefs and what you think will happen with the tariffs, the government and Trump, Bitcoin is going up. Bitcoin will grow and as Bitcoin grows it will take the entire Altcoins market with it to the moon and beyond. That's the situation we find ourselves in right now. It is something that is good, trust. The best time to buy is when prices are low. Notice the chart. The peaks tend to last only a few days. The time to sell. But look at support... It tends to go for long. The market only gives a few days to sell, but plenty of time to buy —accumulate— and hold. The price that is active now was activated in early February, more than two months ago. So the peak is valid for only 1-2 days, yet the support-buy is valid for months. That's the signal. Sell when prices are high, buy when prices are low. Namaste.
Long
by MasterAnanda
Gold Has Pulled BackGold has been in an uptrend this year, and some dip buyers may see an opportunity in its latest pullback. The first pattern on today’s chart is the series of higher highs and higher lows since January. XAUUSD has dipped to the bottom of that rising channel. Will it become another higher low? Second, the pullback stabilized near the February high around 2956. That could suggest old resistance has become new support. Third, stochastics dipped to an oversold condition. Finally, the 50-day simple moving average is rising from below. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
OANDA:XAUUSD
by TradeStation
Bearish reversal?USDX is rising towards the resistance level which is a pullback resistance that aligns with the 78.6% Fibonacci retracement and could reverse from this level to our take profit. Entry: 103.43 Why we like it: There is a pullback resistance level that aligns with the 78.6% Fibonacci retracement. Stop loss: 104.13 Why we like it: There is a pullback resistance level. Take profit: 102.30 Why we like it: There is a pullback support level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
VANTAGE:USDXShort
by VantageMarkets
NASDAQ Black Monday or a Massive Rally??Nasdaq (NDX) opened on early Monday futures trade below both its August 05 2024 and April 19 2024 Lows. All technical Supports have been broken and the market made new 12-month Lows. The market sentiment is extremely bearish, technically oversold, even the 1W RSI is below the 30.00 oversold barrier and the prevailing fundamentals regarding the back-and-forth Tariffs between nations don't leave much room for encouragement. The index is more than -25% off the February 17 2025 All Time High (ATH), technically Bear Market territory, and the last time it dropped more this fast is during the lockdowns of the COVID crash (February 20 - March 23 2020). The market dropped by -32%, below also all known technical Supports (including its August low) before finding support and forming a bottom just above the 1W MA200 (red trend-line). The two time events are virtually identical with the only notable difference is that Nasdaq is about to form the 1D Death Cross now while in 2020 it did about 1 month after the low. The only technical development that leaves room for encouragement is that the 1W RSI during COVID got oversold just a day before the eventual market bottom. Does today's 1W RSI drop into oversold territory mean that we are about to form a bottom? Unknown. But what we do know is that on March 03 and 16 2020 on two urgent, out-of-schedule meetings, the Fed stepped in to save the market from the free-fall (and save they did) by cutting the Interest Rates to near zero (first to 1.25% and then to 0.25% subsequently from 1.75% previously). Perhaps that is the only thing that can restore investor confidence (certainly the only action that the Fed can do) and avoid a Black Monday below the 1W MA200, which would be catastrophic. On the other hand, if the U.S. government reach indeed trade deals with the rest of nations and the Fed do what they can from their end, we may even hit new ATH by August! So what do you think it's going to be? Black Monday or Massive Rally? ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CAPITALCOM:US100
by TradingShot
4
Gold Trading SignalsTechnical analysis of gold: Today, gold opened low in the morning and then broke through the integer mark of 3,000 US dollars, and fell to 2,972 US dollars. Strong buying pushed gold to rise quickly to 3,055 US dollars. This position is the key pressure point for the top and bottom conversion of gold prices after the decline last Thursday. There will be no big bull market before the breakthrough, but repeated washing and shock. From a technical point of view, the price of gold is currently above the weekly, monthly and daily support, and the medium- and long-term bullish trend has not changed. However, after the gold price fell below the daily support last week, it is necessary to be alert to the continued pressure of the band. The volatility has been very active recently, and it is necessary to identify the trend and find the right point game. The price bottomed out in the early trading and directly arranged more than 2,980 orders during the trading to rise again to 3,055. Next, the European and American markets will continue to intervene in the short market near 3,050-53! The short-term price is trading at 3030. If there are short positions at the high level of 3050, continue to hold them. Pay attention to the 3000 mark below. If there are no short positions in the European and American markets, continue to go short repeatedly. There will be opportunities for both long and short positions today. It is a good opportunity for short positions to be in the upper track of shocks! After the 4-hour long upper shadow line fluctuates violently, it will fall into calm! After the European and American markets rebound near 3050, arrange high altitude positions! On the whole, today's short-term operation strategy for gold is to focus on rebound shorting and callback longing. The short-term focus on the upper side is 3055-3057 resistance, and the short-term focus on the lower side is 2970-2972 support. Short order strategy: Strategy 1: When gold rebounds around 3050-3053, short (buy short) 20% of the position in batches, stop loss 6 points, target around 3020-3000, break the position and look at 2975 Strategy 2: When gold falls back to around 2973-2975, buy two-tenths of the position in batches, stop loss 6 points, target around 3000-3020, break to 3040
PYTH:XAUUSD
by Oliver389
1