Harmonic Patterns
Blend labs inc. BLND# The Stock completed its Wave (B) - Symmetrical Triangle 🔺️
# Stock completed wave 2 of Wave 3 of (C) - Now starting of Wave 3 of 3 .✅️
# The Whole shape - Bearish Bat - Target prices between 5.43$ - 5.67$ .💰
### Highly recommended for Accumulation and Buying strategy 👌 👌👌👌🔊
# Tomorrow is the Q2 2025 Earning Date after Trading , which seems to be positive and above Expectations. ✔️✔️✔️
Kakao Bullish 📊 Trade Idea: – Fibonacci Retracement + Bullish Continuation Setup
Timeframe: Daily (1D)
Chart Type: Candlestick
Strategy Type: Swing Trade / Trend Continuation
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🧩 Trade Thesis:
After a strong impulsive move upwards, the price has retraced back to the 50%-61.8% Fibonacci zone, which historically acts as a key support area during trending markets. A possible bullish continuation pattern is forming, with consolidation visible near the 0.5 level.
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📍 Entry, Stop Loss & Take Profit:
• Buy Entry: 56,800 (Breakout or confirmation from current support zone)
• Stop Loss (S.L): 53,300 (Below the 0.618 Fib level and recent local low)
• Take Profit (T.P): 88,500 (Based on previous swing high extension / trendline projection)
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📏 Trade Metrics:
• Risk per Share: 56,800 - 53,300 = 3,500
• Reward per Share: 88,500 - 56,800 = 31,700
• Risk-to-Reward Ratio: ~1:9
A high reward/risk setup with price holding near Fibonacci support, awaiting breakout confirmation.
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🔍 Technical Confluence:
• Price has respected the 61.8% Fibonacci retracement level, a key area of potential reversal.
• Volume shows signs of stabilization after the correction phase.
• Uptrend structure remains valid unless the price closes below 53,300.
• Potential bullish flag or pennant pattern in progress, signaling continuation.
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⚠️ Trade Management:
• Aggressive Entry: Near current levels (anticipating breakout)
• Conservative Entry: Wait for daily candle close above 59,400 (confirmation)
• Adjust SL to Breakeven if price breaks above 65,000
• Watch for Rejection Signs if price approaches 61.8% level again
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🕓 Timeline Expectation:
• Short-to-Medium Term Outlook (2–6 weeks) depending on breakout and follow-through.
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📌 Note: Always review fundamental context and broader market sentiment. This is a technical idea for educational purposes only.
Gold - Intraday Long Setup (5M TF) | Smart Money + Elliott Struc# 🟢 Gold - Intraday Long Setup (5M TF) | Smart Money + Elliott Structure
**Pair:** Gold Spot / USD
**Timeframe:** 5M
**Session:** London / NY Overlap
**Type:** Intraday Long Idea
**Concepts:** Smart Money, Supply & Demand, Wave Analysis, SSL Confirmation
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## 🔍 Market Context
The market is currently reacting inside a **key Demand Zone** on the 5-minute timeframe, following a strong bearish move during the London session. The structure suggests a corrective **ABC wave formation**, where the **(c) point** appears to be forming a potential higher low at demand.
- Point **(a)**: Marked the first impulse down
- Point **(b)**: Rejection at minor **Supply Zone**
- Point **(c)**: Retest of **POI at Demand**, showing signs of exhaustion in selling pressure
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## 📈 Technical Confluences
- 🟦 **Demand Zone** active and respected
- 📏 Potential BOS (Break of Structure) upon break of the recent high
- 📊 **Vol %ile** = 83% → Above average participation
- ⚠️ Risk Level: High (tight structure, requires confirmation)
- 🧭 Entry Distance: Near
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## 🔧 Indicators Status (SSL Hybrid)
| Indicator | Status |
|--------------------------|----------|
| SSL Channel | ✅ Bullish cross (supporting reversal)
| RSI (50) | ✅ Holding above midpoint
| MACD | ✅ Bullish crossover (early signal)
| BB Oscillator / HT / RQK | ❌ Still bearish (lagging)
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## 🎯 Trade Idea
**Bias:** Long
**Trigger:** Break above **minor Supply** and formation of BOS
**Target Zones:**
1. **TP1:** 3,370
2. **TP2:** 3,378 (supply edge)
3. **TP3:** 3,385 (upper supply zone)
**SL:** Below point (c) @ **~3,357**
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## 🧠 Notes
This setup is valid as long as price holds above the Demand Zone and confirms a bullish shift via BOS. Wait for clear confirmation before entering.
_This is an educational idea based on Smart Money + Elliott Wave principles – not financial advice._
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#gold #smartmoney #supplydemand #elliottwave #sslhybrid #intraday #5mtf #tradingview
XAUUSD INTRADAY ANALYSIS – AUGUST 6, 2025Gold OANDA:XAUUSD is currently consolidating around the 3,371 zone after breaking above a descending trendline formed from late July highs. A strong bullish impulse on August 2nd with significant volume suggests renewed buying pressure. Price is now retesting the breakout area — a critical moment to determine if the bullish continuation is sustainable.
- Technical Breakdown:
1. Price Structure & Trendline:
The former resistance at Peak 1 (3,376) is now acting as new support.
A new ascending channel has formed following the breakout.
Price structure is showing higher highs and higher lows, indicating short-term bullish momentum.
2. Fibonacci & EMA:
The Fibonacci retracement of the recent bullish wave (Aug 1–5) aligns the 0.382 and 0.5 zones with strong support around 3,365 – 3,352.
Price is hovering near the EMA20, and a close above this level will further confirm upside potential.
3. RSI Indicator:
RSI is stabilizing around 50–55, reflecting neutral momentum with room for bullish continuation.
- Key Price Levels:
3,352 – 3,365: Major Support (Fib + EMA + previous lows)
3,376 – 3,380: Immediate Support (breakout retest area)
3,390: Minor Resistance
3,438: Bullish Target (Peak 2)
- Suggested Trading Strategy:
Primary Bias: BUY if price holds above 3,365
Entry Zone: Around 3,369–3,372 (retest + trendline confluence)
Stop Loss: Below 3,352
Take Profit: 3,438 (previous peak)
Risk/Reward: ~1:9 (very favorable setup)
- Look for bullish confirmation (e.g., bullish engulfing or pin bar around 3,365–3,370) for a high-probability entry.
- Alternate Scenario:
If price breaks below 3,352 with strong volume, the bullish thesis may be invalidated. In that case, consider short-term short positions targeting 3,320 area.
This chart setup presents a promising trend-continuation opportunity, with technical confluences supporting further upside. As always, wait for clear price action signals before entry and manage risk accordingly.
Bitcoin Long-Term Investment Outlook 1W [Disc On]Bitcoin Long-Term Investment Outlook
Technical Analysis:
A bearish stochastic divergence has formed on the weekly (1W) chart, indicating a potential trend reversal downward toward the Fibonacci cluster support zone.
Conclusion: There is a high probability of seeking BUY positions at the psychological levels of 107,300 – 103,400 and 92,800 – 91,800, with a Take Profit target at 140,600.
(Note: Always confirm with volume and macroeconomic factors before execution.)
135K COMING! Retrograde rallies!Heres a quick update on my take on Bitcoin reacting to Mercury retrograde, the moon cycles and our lunar eclipse in early September.
We are at our last stages in this bull market before BTC starts bleeding into September. It's critical to know how we are sitting technically, so please stay calm and observe the market neutrally.
- 112K Support is holding firm, this level is critical as Mercury retrograde enters Q3, which Quarter 3 has been historically bullish for Bitcoin.
- However, bearish energy could still linger until August 14th, as that date is within a 5 day window of a full moon. From now until the 14th will be a cooling zone and consolidation zone. Our RSI is sitting nice and neutral, not reacting to much to the recent drop, meaning more room for upside.
- From August 14th - 28th, we will start to see euphoria in the market. After we are supported on the 117.5K level a 15% rally could take us to the 1.618 FIB level, i'm taking profits at 135K.
- After that, we face the second lunar eclipse of this cycle on September 7th. Historically every Lunar eclipse has bearish energy, and I'm excepting to re accumulate after a 30 - 35% correcting from the recent top out.
This will be the end of the Bitcoin rally, naturally creating a bleed from BTC into the ALT's, Bitcoin will drop as well as dominance and ALT season will kick in. Bye Bye BTC until march for a little swing...
JOE/USDT Approaching a Major Turning Point: Will Buyers Step In?🔎 Market Overview & Structure:
JOE/USDT is currently trading within a major historical demand zone between $0.1241 – $0.1548, a level that has proven to be a strong support since early 2023. Each time the price revisits this area, we’ve seen significant bounces — indicating that buyers continue to defend this zone aggressively.
However, the macro structure still reflects a clear long-term downtrend from its all-time high.
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🧠 Why This Zone Matters (Demand Zone Characteristics):
This zone has been tested multiple times and remains intact, showing strong buyer interest and accumulation.
It acts as the final defense before a possible major breakdown.
Institutions and smart money often accumulate in zones like this – making it a Low Risk, High Reward area.
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🟢 Bullish Scenario – Is a Mid-Term Reversal Brewing?
If the price holds above the $0.1241 level and breaks through $0.1885:
1. A reversal pattern (base or double bottom) may form.
2. Potential upside targets:
🎯 TP1: $0.1885 → First resistance breakout
🎯 TP2: $0.2332 → Key horizontal resistance
🎯 TP3: $0.4087 → Next major supply zone
🎯 TP4 (Mid-Term): $0.6254 – $0.9569 if strong bullish momentum continues
3. A daily or 5D candle close above $0.2332 with high volume would confirm a trend shift to the upside.
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🔴 Bearish Scenario – Danger of Breakdown:
If the price breaks below $0.1241:
A new Lower Low structure will confirm continued bearish trend.
There's no major historical support below this zone, opening the door for a sharp decline into uncharted territory.
This would signal renewed seller dominance and likely a prolonged bearish phase.
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📐 Price Patterns & Structure:
Current price action resembles an accumulation range or base formation.
Possibility of:
🔁 Double Bottom
⏳ Adam & Eve Reversal Pattern
A breakout from this range could spark a strong upside rally.
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💡 Strategy Insights:
Accumulation Entry Zone: $0.1241 – $0.1548 with tight stop-loss.
Bullish Confirmation: Breakout and close above $0.1885 with volume.
Bearish Confirmation: Daily close below $0.1241 → avoid longs, consider shorts.
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📌 Conclusion:
JOE/USDT is at a make-or-break level. This is a key decision point where the price could either start a mid-term bullish reversal or fall into deeper bearish territory.
For long-term investors, this is a potential accumulation zone with favorable risk-reward. For traders, it's time to watch closely for breakout or breakdown confirmations.
#JOEUSDT #CryptoAnalysis #Altcoins #BreakoutTrading #ReversalZone #DemandZone #TechnicalAnalysis #JOEToken #CryptoSetup
WTI(20250806)Today's AnalysisMarket News:
The US non-manufacturing PMI fell to 50.1 in July from 50.8 in June, below the expected 51.5. The ISM New Orders Index fell to 50.3 in July from 51.3 in June, with export orders contracting for the fourth time in five months.
Technical Analysis:
Today's Buy/Sell Levels:
64.90
Support and Resistance Levels:
66.21
65.72
65.40
64.40
64.08
63.59
Trading Strategy:
On a break above 64.90, consider a buy entry, with the first target at 65.40. On a break below 64.40, consider a sell entry, with the first target at 64.08