Get started

Harmonic Patterns

AMD is in Down Trend, Wait for a lower high to form and buy Trade plan is buy once it makes lower high or else buy around 93-98 area if it takes support there. targets are 150 and 200 Bullish Idications: Marubuzu candle Divergence of RSI Last Downdtrend Reversed from 221 Trading Days (current cycle completed 217 Days) Took support at 0.78% of Fib Level Support level at 112-115 respected. Bearish Indications: Making Lower Lows Trend Line Resistance Last 10 years 6 times january was negative. Strong Support at 93-98 area.
NASDAQ:AMDLong
by saifullah555
XRP Remains Fragile Below ResistanceXRP Remains Fragile Below Resistance In a recent analysis, we noted that XRP has reached its first target and is currently testing the reversal zone. While this bearish scenario might not be appealing and good for you, it's crucial to acknowledge that it remains a possibility as long as the price stays below resistance. If uncertainty continues to surround the crypto market, XRP could easily reach its first and second targets. It's also worth noting that President Trump postponed the tariff increase, and a similar approach could be taken with cryptocurrencies. If that happens the crypto market may crash easily. You can find more details in the chart. Thank you!
Short
by KlejdiCuni
4
My Analysis of the DXY ChartLooking at this chart, the DXY is moving within an ascending channel defined by the two white trendlines. Based on my analysis, there are a few key levels to watch, especially the Fibonacci retracement levels. First, if the price starts to drop from the upper boundary of the channel, it is likely to retrace down to the 0.61 Fibonacci level. This is an important support zone, and the price might bounce back up from here. However, if the 0.61 Fibonacci level doesn’t hold, the price could continue falling towards the 0.78 retracement level. This level is a much stronger support and could trigger a significant reversal if the price reaches it. Finally, the lower boundary of the channel, marked by the white trendline, serves as the ultimate area of support. If the price falls this far, there’s a strong chance it will bounce back upward within the channel. This analysis highlights the key zones where the price is likely to react and helps identify the next potential moves for the DXY
TVC:DXYShort
by professionalgoldtrader
This is a chart of GBPJPY (British Pound to Japanese Yen) what I’m seeing here is a clear bullish breakout setup. Let me explain what’s happening: Wave Patterns: As you can see, the price initially dropped significantly from a higher level, but it’s now showing signs of recovery. This movement has formed a triangular consolidation pattern, which is highlighted by the yellow trendlines. Trendlines (Yellow Lines): These yellow lines show the market was in a downward trend earlier, but now the price is trying to break above the upper trendline. If it succeeds, that would confirm a bullish breakout, meaning the market is likely to continue rising. Bullish Momentum: Right now, the price is building strength, and buyers are starting to take control of the market. If the breakout happens, we could see a strong bullish move to higher levels. Levels to Watch: If GBPJPY breaks above the upper yellow line, I expect the price to climb towards 192.500 and possibly even reach 195.000 or beyond. However, if the price fails to break out and reverses, it might retest the lower yellow line of the triangle. Pattern Name: What we’re seeing here is called a Bullish Breakout Triangle, a strong signal that the price is preparing for a move upward after a period of consolidation. In conclusion, this chart shows that GBPJPY is currently in a bullish structure, and if the breakout happens, it’s likely to head much higher in the coming sessions
Long
by professionalgoldtrader
XAUUSD is on correction XAUUSD As we announced in our previous commentary, if price stays above the key level of $2748-50 support area, the next target could be $2790 or even record highs. What scenarios do we have? As market breaks the previous low and consolidates above the support area, which gives the buying indication towards 2800 ATH. At moment gold didn't gives any candles which shows that buying are limited, if market moves towrds ATH wait for the rejection and take sell trade on weekly closing. On the other hand, market has to respect the previous support 2763 which didn’t retest yet, although 2770 also consider tough challenge
FOREXCOM:XAUUSDShort
by Forexmaestro121
Gold sell zoneHere’s a polished and engaging rewrite of your XAUUSD analysis, tailored for social media: --- 💰 **XAUUSD Analysis Update** 🛠️ The market is currently consolidating after massive bullish momentum. 📈 I've identified a key zone based on **previous rejections** on the **daily and 3-hour timeframes**—a critical area to watch. 🔍 **What I'm Seeing:** - **Strong volumes** and **bearish order blocks** within this zone. - Expecting a **pullback and retest** of the marked area before a potential surge towards the **sell zone**. - Based on historical price action and volume, a significant correction from this level seems likely. 🎯 **My Plan:** - Entering and layering buys from the identified zone. - Targeting premium reversal areas for sells. - Risk-managed limit orders are already in place—no room for guesswork here! 🚨 **Key Takeaway:** Patience is key. Let's see how price action unfolds! 📊 💬 What’s your outlook on XAUUSD? Drop your thoughts below! 👇 #Gold #XAUUSD #ForexTrading --- Let me know if you'd like any tweaks or additional details!
OANDA:XAUUSDShort
by PassivePips
2
GOLD Nears Key Resistance at 2789GOLD Technical analysis The gold price seems to be gearing up to cross the last resistance and potentially reach a new high level. Currently, the price is steadily moving toward the critical level of 2789, which acts as a significant resistance point. We should wait for the price to successfully break above 2789, confirming the bullish trend. However, traders should remain cautious, as reaching 2789 may trigger a correction before the price stabilises. After the correction and consolidation above 2789, the next upward movement is likely to take the price toward higher targets.
OANDA:XAUUSDLong
by ArinaKarayi