Harmonic Patterns
BTCUSD Entre point 106 105500target 106500 stop loss 104700I think there's a formatting issue with the entry point. Assuming it's BTCUSD:
- Entry Point: 105,500
- Target: 106,500 (1,000-point gain)
- Stop Loss: 104,700 (800-point risk)
Risk-reward ratio looks decent! Let's see how it plays out. What's your trading strategy behind this setup? Are you expecting a bullish breakout?
GOLD Entre point 10 3306target 3312stop loss 3296New trade setup for BTCUSD:
- Entry Point: 106,000
- Target: 107,000 (1,000-point gain)
- Stop Loss: 105,200 (800-point risk)
Risk-reward ratio looks decent! Let's see how it plays out. What's your trading strategy behind this setup? Are you expecting a bullish breakout?
Rangbound 3290-3330As XAUUSD create at rangbound natural Rectangle (3330-3290) area along with Inverse Head and shoulder pattern.
Whats Current scanario we have ?
Bullish scanario:
-If H4 stays above 3285-3290 then we have again bullish spike towards 3318 then 3330 milestone.
Bearish Scenario:
-If H1&H4 candle closes above 3280-3277 then selling will be active and Inverse head&Shoulder pattern will be invalid.
Our targets will be 3250 then 3230.
My opinion: I will keep operating within this natural range 3290-3330 as long it last.
#XAUUSD
TRBUSDT Forming classical Bullish BreakoutTRBUSDT has recently broken out of a long accumulation zone, forming a classic bullish breakout structure on the daily chart. The asset saw a significant surge from the key support zone between $28 to $32, which has now been confirmed as a strong demand area. The breakout was backed by a sharp spike in volume, indicating strong buyer conviction and institutional interest entering the market. This breakout marks a pivotal shift in momentum and suggests that the bulls are in full control.
The technical setup points to a potential rally of 100% to 130%, targeting levels around the $75 mark and beyond. The previous resistance zones have been decisively cleared, and the strong green candles hint at the possibility of a sustained uptrend. If the asset holds above the breakout level and continues to consolidate at higher levels, it could build a strong base for the next impulsive move. This kind of vertical price action is often seen in assets with growing investor demand and limited supply pressure.
Investor interest in TRB is noticeably rising, as reflected in the increased social media chatter, positive sentiment across crypto forums, and higher engagement on trading platforms. The coin is benefiting from renewed market confidence and strong fundamentals. With macro tailwinds in the crypto market and a technically sound chart, TRB appears poised to outperform in the coming weeks.
Traders should closely monitor the price action around $50–$52 for potential retest opportunities. A successful retest followed by bullish continuation could offer a high-risk/reward long setup. The projected upside remains highly favorable, supported by robust volume and clean technical structure.
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SIGNUSDT Forming Bullish Pennant SIGNUSDT is currently exhibiting a strong bullish pennant pattern on the daily timeframe—a continuation setup that often precedes substantial upward movement. Following an aggressive price surge, the pair has entered a brief consolidation phase within converging trendlines, suggesting that bulls are simply regrouping for the next leg higher. This is typically a bullish signal, especially when paired with increasing volume and positive sentiment surrounding the project.
The volume has remained healthy during the pennant formation, indicating sustained interest and participation from investors. With a clean technical structure and no major overhead resistance in the immediate zone, SIGN has positioned itself for a breakout move. Based on the height of the flagpole and the pattern formation, a price surge of 40% to 50% is anticipated, with targets aligning near the $0.13 zone. Such a move would mirror the breakout potential we’ve seen in similar setups across the altcoin market.
From a sentiment perspective, market participants have shown growing confidence in the SIGN project. Social mentions, trading volume, and overall engagement metrics are on the rise. This kind of grassroots enthusiasm often precedes strong rallies, and with Bitcoin and Ethereum holding steady, the stage may be set for altcoins like SIGN to shine. Technically and fundamentally, the alignment for an upward push appears to be falling into place.
Traders should watch for a clean breakout with volume confirmation above the resistance trendline. A decisive candle close above the pennant could act as a strong bullish catalyst. Risk management is key, but the risk-reward profile currently leans heavily in favor of the bulls.
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ORCAUSDT Forming Symmetrical Triangle ORCAUSDT is currently forming a symmetrical triangle pattern on the daily chart, a technical setup that often signals strong breakout potential. This type of consolidation pattern typically indicates a period of indecision that could lead to a significant price move once a breakout occurs. With ORCA trading at the apex of the triangle and volume gradually increasing, a bullish breakout looks increasingly probable in the near term.
The volume profile supports the idea of a coming rally, as we see accumulation within the pattern and recent volume spikes suggesting renewed investor interest. ORCA’s fundamentals and recent market developments are also attracting attention from both retail and institutional players. If the upper trendline of the triangle is broken convincingly, we could expect a 40% to 50% upward surge, potentially reaching near the $4.50 zone.
Technical traders are watching closely, especially with broader market sentiment improving across altcoins. ORCA’s formation of higher lows within the triangle adds confidence to the bullish thesis. The symmetry of the pattern and breakout projection aligns with historical moves in similar market conditions, reinforcing the anticipated gain targets.
Given its current technical posture, ORCAUSDT presents a high-reward setup. A confirmed breakout could trigger momentum buying, driving price rapidly toward the target. Stay vigilant and watch for confirmation signals like increasing volume and a strong close above resistance.
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EUR/USD Drifts Lower as Dollar ReboundsEUR/USD is struggling to hold onto Thursday’s rebound from the 1.1200 region—its lowest in nearly 10 days—and trades with a slight bearish bias in Friday’s Asian session. The pair is hovering near the mid-1.1300s, down around 0.15% on the day.
The US Dollar regained some ground due to renewed safe-haven demand after a federal appeals court reinstated former President Trump’s broad trade tariffs, injecting fresh uncertainty into the markets. However, the dollar’s momentum remains limited by concerns over the US fiscal outlook and expectations of Fed rate cuts in 2025.
The euro finds partial support as Trump postponed tariffs on EU imports. Market focus now shifts to the upcoming US PCE inflation data, which may influence Fed policy expectations, followed by next Thursday’s ECB meeting for further direction.
Resistance is seen at 1.1400, with higher levels at 1.1460 and 1.1500. Support is located at 1.1300, followed by 1.1260 and 1.1210.
Yen Strengthens Beyond 144 on InflationThe Japanese yen rose past 144 per dollar, extending gains after Tokyo’s core inflation beat expectations, increasing the likelihood of a 25 bps BOJ rate hike in July.
BOJ Governor Kazuo Ueda said recent forecast adjustments were due to global risks and lower oil prices but reaffirmed the short-term policy stance remains focused on the 2% inflation goal. The yen also gained from safe-haven flows after a U.S. court reinstated Trump’s reciprocal tariffs.
Resistance is at 144.50, with further resistance at 145.40 and 146.10. Support levels stand at 143.50, 143.00, and 142.10.
Daily Analysis: 30‑05‑2025
Spot gold closed yesterday with a 0.9% gain, settling at 3,318. The rise was supported by the U.S. Court of Appeals’ suspension of a lower court’s ruling to cancel the global tariffs imposed by Trump, along with a weakening U.S. dollar.
However, gold opened this morning with selling pressure amid signs of a slowdown in U.S.–China trade negotiations, as indicated by Treasury Secretary Bissente, and criticism from President Trump toward Fed Chair Powell for not cutting interest rates.
For the remainder of the day, market attention will be focused on the release of U.S. Core PCE Price Index data.
Technical Outlook:
As long as the price fails to break the nearby resistance at 3,310, the support level at 3,261 remains a likely target. If that level is breached, additional support may be found at 3,246. On the upside, the next resistance is seen at 3,331.
Gold awaits tariff volatility!
📌 Driving Events
Gold rebounded from a weekly low near $3,245 and broke through the $3,300 mark on Thursday, boosted by optimism following a weaker-than-expected U.S. jobs report and a U.S. court ruling halting President Trump's proposed tariffs.
Gold fell on Friday as the dollar rose slightly, while investors await a U.S. inflation report that could provide further insights into the Fed's policy trajectory.
📊 Commentary Analysis
The market continued to fall for an hour, fluctuating back and forth, lacking continuity - it rose yesterday and fell today. Gold rebounded above $3,320 in early trading before retreating. On the weekly and daily charts, the trend is still dominated by range fluctuations rather than unilateral gains or losses.
I think shorting gold should be considered today, with support below at $3,280-3,270-3,260. However, prices may struggle to make new lows. As today is the monthly close, large fluctuations suggest that we should avoid chasing ups and downs.
💰Strategy plan
XAUUSD
Sell: 3330-3320-3310
tp: 3300-3290-3280
2 Bullish Patterns under Construction ;-)APL Analysis
Closed at 460.36 (29-05-2025)
2 Bullish Patterns under Construction ;-)
Imemdiate Resistance is around 468 - 470
which needs to Cross & Sustain on Weekly basis.
It may then easily touch 550.
On the flip side, 441 - 445 may act as a Good Support.
& breaking 440 will bring more selling pressure towards
410 - 415.
EURGBP Upside target 0.8520On the daily chart, EURGBP stabilized and moved upward after testing the previous demand zone, forming a bullish bat pattern in the short term. Currently, attention can be paid to the support near 0.8400. If it stabilizes after a pullback, you can consider going long, and the upward target is around 0.8520.
GOLD Intraday Chart For H1 30 May 2025Good Morning Traders,
As you can see that there are some strong zones mentioned on chart,
For Intraday all eyes between 3280-3300 zone,
If market clearly goes below 3280 then it will move towards 3250 else market sustains above 3280 it will move towards 3300 and after clear breakout of 3300 then move towards 3325 initially
Furthermore you can read the chart details carefully, Remember, Always Trade with SL
Today US PCE PRICE INDEX due today
Monthly Closing Due Today as well
Disclaimer: Forex in Risky
Bearish reversal off pullback resistance?The Kiwi (NZD/USD) is rising towards the pivot, which has been identified as a pullback resistance and could reverse to the 1st support, which is also a pullback support.
Pivot: 0.6024
1st Support: 0.5846
1st Resistance: 0.6131
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