Get started

Harmonic Patterns

Bearish drop?S&P500 is reacting off the resistance level which is an overlap resistance and could drop from this level to our take profit. Entry: 5,510.94 Why we like it: There is an overlap resistance level. Stop loss: 5,665.52 Why we like it: There is a pullback resistance. Take profit: 5,324.97 Why we like it: There is an overlap support level that lines up with the 50% 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:SP500Short
by VantageMarkets
#GBPJPY: +916 Pips Swing Buy Opportunity! Comment Down Your ViewThe FX:GBPJPY price has moved nicely from 187 to 191, almost +400 pips. I expect a small correction, but then the bullish move should continue towards the 200 region. You can set a target based on your analysis or set it at 200, whichever works for you. Good luck and trade safely. Good luck and trade safely! Thank you for your unwavering support! 😊 If you’d like to contribute, here are a few ways you can help us: - Like our ideas - Comment on our ideas - Share our ideas Team Setupsfx_ ❤️🚀
Long
by Setupsfx_
10
SOL 2025.04.29***Follow SEOVEREIGN to receive real-time alerts. **Boosts help drive SEOVEREIGN to deliver more in-depth analysis across various assets. **Our team regularly publishes detailed reports on the cryptocurrency market. We would like to formally announce that we are shifting from the long (buy) perspective we have consistently maintained up until the 22nd, to a short (sell) perspective for the near term. After a thorough and multifaceted analysis of the current market conditions, we have concluded that a strategic adjustment in positioning is now necessary. From a technical standpoint, Solana (SOL) appears to have completed its 5th wave. Notably, the length of the 5th wave corresponds precisely to 0.618 times the range from Wave 1 through Wave 3 — a textbook formation under Elliott Wave Theory. Such a structure goes beyond ordinary price fluctuations, signaling that the market is approaching a critical inflection point. In light of this, we believe it is time to seriously consider short positions. The target price we are presenting is as follows: Target: 136 As always, the market is subject to various unpredictable variables. Rigorous risk management and flexible strategy adaptation are not just recommended, but essential. Riding the waves of the market is never a matter of mere luck — it is achieved only through meticulous preparation and composed execution. Even at this very moment, the market demands constant decisions. Be cautious, but not fearful; be bold, but never reckless. We trust that each of you will make wise and well-grounded decisions based on your own convictions and analyses.
Short
by SeoVereign
Gold market analysis referenceThe recent gold fluctuations are really violent and fast. If you hesitate for a moment, you will basically miss the market. If you are too impatient, you will easily hit the stop loss. Now the fluctuations in a few hours are equivalent to the fluctuations in the past month. The stop loss of 3-5 US dollars can be easily swept. The market is changing, and the corresponding stop loss should also be enlarged. Gold opened higher and hit 3336 in the morning on Monday, continuing the decline of last week. The idea in the morning was to be bearish directly at the analysis point of 3332. After hitting the lowest point of 3268, it fluctuated upward. The European session also fell to 3273 and then rebounded. The highest point in the US session just reached 3336 again, a standard bottoming and rebounding trend. Since it is an adjustment structure, let's re-analyze the idea. The gold price fell at 3500 and rebounded at 3260 last Wednesday. The rhythm was volatile. It rebounded above 3260 many times below, and did not cross the first rebound high of 3367 above. From a technical point of view, the gold price needs to effectively fall below the 3265-3260 US dollar range in the short term before it can confirm a larger correction downward. Once it is confirmed to fall below, the gold price may quickly fall to the 50% retracement level near 3225 US dollars, further pointing to the 3200 US dollar mark. If it loses 3200 US dollars, it will suggest that gold may have peaked in the short term. For the current gold, the 4-hour chart is stuck in a wide range of oscillations between 3260-3338, and is currently at the edge of the lower track. Gold has formed a multi-round back-test support area at the 3270 price level. Although the price has touched this level several times, it has not effectively broken down. The bulls have launched a phased counter-attack. In terms of technical form, the double pressure characteristics have appeared near the previous rebound high of 3370. This area has the dual attributes of the second wave rebound target and the right shoulder pressure level of the head and shoulders top pattern. Today, we mainly focus on the closing price. If it stands firmly at the 3336 line, then we will adjust our thinking tomorrow. On the contrary, it encounters resistance at the high point of today's morning session at 3336 and then falls back, and goes to the 3278 line. Tomorrow we will continue to look at the idea of ​​​​swinging and falling. On the whole, today's short-term operation strategy for gold is recommended to be mainly short-selling on rebounds, supplemented by long-selling on pullbacks. The short-term focus on the upper side is the 3338-3340 line of resistance, and the short-term focus on the lower side is the 3265-3260 line of support. Strategy 1: When gold rebounds to around 3338-3340, short sell (buy short) in batches, 20% of the position, stop loss 6 points, target around 3300-3280, break to 3270 Strategy 2: When gold falls back to around 3265-3270, buy (buy up) 20% of the position in batches, stop loss 6 points, target around 3300-3320, break the position and look at 3330
OANDA:XAUUSD
by GillChristy
Gold price moves up and down, hard to tell whether it is long orThe 4-hour chart is stuck in a wide range of oscillations between 3260-3338, and is currently at the edge of the lower track. Gold has formed a multi-round back-test support area at the 3270 price level. Although the price has touched this level several times, it has not effectively broken down. The bulls have launched a phased counter-attack. In terms of technical form, double pressure characteristics have appeared near the previous rebound high of 3370. This area has the dual attributes of the second wave rebound target and the right shoulder pressure level of the head and shoulders top pattern. Pay attention to the closing price. If it stands firmly at the 3336 line, then we adjust our thinking to treat it. On the contrary, if it encounters resistance at the early high of 3336 and then falls back, and moves closer to the 3278 line, we continue to look at the idea of ​​​​swinging and falling. On the whole, today's short-term operation strategy for gold is recommended to be mainly short-selling on rebounds, supplemented by long-selling on pullbacks. The short-term focus on the upper side is the 3338-3340 line of resistance, and the short-term focus on the lower side is the 3265-3260 line of support.
OANDA:XAUUSDShort
by KittyBaldwin
USDCHF | 15M | Needs to break for uptrendHey there my friend; I’ve prepared my analysis of USD/CHF for you. For USD/CHF to move into an upward trend, it needs to break out of the parallel channel. Once it breaks out of the parallel channel, I’ll share the target levels with you. Dear friends, your likes are always my biggest source of motivation for me to share analysis. For this reason, I would like to ask each and every one of my followers; please do not miss your likes. I sincerely thank everyone who supports me with their likes.
by TraderTilki
GOLDGOLD Key Drivers This Week Central Bank Buying: Ongoing strong demand from central banks, especially in emerging markets, continues to underpin gold’s rally. Geopolitical Uncertainty: Persistent global tensions and trade disputes are keeping safe-haven demand elevated. Interest Rate Outlook: Markets expect U.S. interest rates to remain steady or decline, which supports gold by reducing the opportunity cost of holding non-yielding assets. Market Volatility: High volatility in equity markets is driving investors toward gold as a defensive asset.
FX:XAUUSDLong
by Shavyfxhub
Gold 100% Trading StrategyGold prices continued to fluctuate this week. Last Thursday, gold prices stabilized and rebounded near $3,284, and remained strong after breaking through $3,300. During today's Asian session, gold prices repeatedly hit the 3,385 pressure level but failed. After retreating to around 3,369 and gaining support, they rebounded again to around 3,396. The current price faces technical repair needs, but the overall upward trend has not changed, and the probability of breaking through the $3,400 mark is still high. The support level of the retracement is focused on the Asian session low of 3369 US dollars and the 4-hour MA5 moving average of 3360 US dollars. You can arrange long orders on dips; the upper pressure focuses on the 3396-3400 line. After breaking through, you need to be alert to the pressure of the daily error band indicator of 3425-3430 US dollars. At present, you can go short at the rebound of 3395 in the short term. The general trend is still dominated by low and long. Gold recommendation: Go short near the rebound of 3395-3400, stop loss 3405, target 3370, strict stop loss for large fluctuations Gold operation: Go long near the retracement of 3370-3375, stop loss 3362, target 3400, strict stop loss for large fluctuations
OANDA:XAUUSDLong
by EuniceHarrington
Gold 100% Profit SignalGold has retreated from $3,500, is the price near a top? Possibly. But I wouldn't sound the alarm bells just yet. This is most likely due to some regular profit-taking. The high indicators are more of a warning than a call to arms. Rather than "get out of here," it's more of a "stay alert." At present, the initial support below is in the 3405-3400 area. Further down are the two key support levels of 3380 and 3357. 3380 is the support level near the middle track of the 4-hour level, and 3357 is an important top and bottom conversion position in the previous period. These two positions still provide strong support for the future market rise. At present, the 4-hour level high has closed in a bearish pattern of Yin engulfing Yang engulfing, and the K-line is negative. The short-term is expected to improve and fall back. Short-term operations will mainly rebound from high altitudes. Pay attention to the resistance near 3435 and 3450 on the top and do not break the air. Pay attention to the support near 3408-3400 on the bottom. If it breaks, adjust the position and continue to look at 3380.
OANDA:XAUUSD
by EuniceHarrington
TSLA 4H chart analysisPrice: 275.59, down 3.28%. Trend: Bearish (red TrendShift), confirmed by MACD (bullish momentum fading). Support: 222.79 (strong, multiple tests). Resistance: 274.68 (recent high, failed breakout). Volume: 11.2M, declining on upticks, suggesting weak buying pressure. Indicators: MACD bearish crossover, TrendConfirm bearish. Outlook: Likely to test support at 222.79; break below could target 200.00. Resistance at 274.68 caps upside. Price Action with S/R and MACD
NASDAQ:TSLA
by tradingbauhaus
DAX 40 starts to show neutrality around the 22,000 levelThe German index has posted steady gains, rising nearly 7% over the last four trading sessions, mainly driven by the low interest rates maintained by the ECB at 2.25%, as well as the easing of potential trade war tensions, which has allowed the index’s bullish bias to remain strong in recent weeks. However, buying candles have been gradually diminishing over the last sessions, and it is likely that a selling candle may appear in today’s session, reinforcing short-term neutrality as the index trades above the 22,000 level. Accelerated Trend: Since April 9, the DAX has shown significant upward movements, resulting in a fairly steep bullish slope and giving way to an accelerated uptrend. If the DAX fails to hold the recent weeks’ highs in the short term, this accelerated price movement could lead to corrective pullbacks. However, the dominant bias in the longer term remains bullish. ADX: The ADX line has begun to decline and is now facing the neutral area marked around the 20 level. Frequent oscillations around this level indicate that volatility has decreased and could lead to sustained price neutrality in the short term. MACD: The MACD histogram remains above the indicator’s 0 level but has shown a steady deceleration, which may signal a lack of momentum in the average movement of the moving averages. As the MACD histogram continues to narrow, it could pave the way for slight bearish momentum in the DAX’s daily chart over the short term. Key levels to watch: 22,000 points: A nearby support area coinciding with an important psychological level, which could act as a significant barrier against potential short-term price pullbacks. 21,400 points: A distant support area aligning with the 100-period simple moving average. Bearish movements reaching this level could threaten the bullish formation currently seen on the chart. 23,000 points: A definitive resistance level coinciding with the area marked by the DAX’s all-time highs. Buying movements returning to this level could trigger a consistent bullish bias and a much more relevant uptrend in the short term. Written by Julian Pineda, CFA – Market Analyst
FOREXCOM:GER40
by FOREXcom
atom buy midterm "🌟 Welcome to Golden Candle! 🌟 We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎 Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫 Instead, they reflect our own 💭 personal attitudes and thoughts. 💭 Follow along and 📚 learn 📚 from our analyses! 📊💡"
Long
by Golden_candle
Gold long cross Yin star hintsAt the operational strategy level, it is recommended to implement a dynamic short position layout based on the strength of the rebound: if it rebounds to the 3330-3372 pressure zone, you can choose to enter a short position based on the K-line pattern and momentum indicator, and strictly set the stop loss above the pressure level; the effectiveness of the two major support levels of 3300 and 3270 needs to be monitored below. If there is no physical break in the above-mentioned area when it falls back to the above-mentioned area, and accompanied by the cooperation of long volume, you can consider switching to a long strategy after the support platform stabilizes, forming a two-way response framework of shorting at pressure levels and going long at support levels.
FXOPEN:XAUUSDShort
by WinifredWalsh
It is advisable to adopt a short-selling approach.Today, gold opened and rebounded to a maximum of around 3,336 before falling back. As of now, gold has touched the bottom again, with the lowest point reaching around 3,368 before rebounding. In our actual trading, we directly entered a long position at around 3,280 - 3,283. The long position has now been closed with a profit at around 3,394. Currently, although the price of gold has rebounded after hitting the bottom, everyone should not think that this rebound means a change in the trend. The overall trend is still to take short positions on rebounds If your current gold trading performance is not satisfactory and you hope to avoid detours in your investment, you are welcome to communicate and exchange ideas with us!
OANDA:XAUUSDShort
by HilaryBloomer
Gold prices continue to fluctuate in a range (3285-3360)Gold prices continue to fluctuate in a range (3285-3360) This week, the financial market will usher in a series of key events and important economic data, which may cause sharp market fluctuations. 1: The Bank of Japan is about to announce its interest rate decision, which may have a significant impact on the exchange rate trends of major currencies such as the US dollar and the yen. 2: The US non-farm payrolls data will be released on May 2. Before that, important economic data such as the US GDP growth rate in the first quarter and the PCE price index will also be released one after another. The financial market will be turbulent again this week. At present, market uncertainty is still high, mainly because two key factors are still unclear. First: The United States has an erratic attitude on tariff policy, and Trump's related measures are constantly changing, bringing many variables to the market; Second: The situation of the Russia-Ukraine conflict is still deadlocked, and the real ceasefire turning point seems to have not yet appeared, and geopolitical risks continue to shroud the market. Combining the above two factors, it is expected that the market will continue to fluctuate in the short term. From a technical perspective Today, gold prices fell sharply from a high of $3,336 to $3,268. During the European trading session, gold prices bottomed out for the second time, falling to $3,273. Boosted by the weakening of the US dollar index, gold prices bottomed out and rebounded. From the 2-hour chart, bulls began to gain the upper hand, and the market is expected to continue the upward trend. However, from the medium-term trend, as long as the price fails to break through the $3380-3408 range, the overall bearish pattern will remain. Short-term operation: Lower support: $3320-3310, strong support at $3300; Upper resistance: $3335-3345, strong resistance at $3360; The four-hour cycle chart shows: Wide range: $3285-3360 is still valid. Both long and short strategies have opportunities this week. It is necessary to consider the Asian holiday factor and try to avoid and pay attention to emotional fluctuations during the Asian session.
OANDA:XAUUSD
by Emily_Blunt2222
Ethereum Critical Resistance| Price Action| Macro Trend Ethereum is trading at a major resistance zone aligned with the 0.618 Fibonacci, VWAP SR, and a strong daily horizontal level. Despite the recent impulsive move, multiple daily candles have failed to close above this resistance, highlighting underlying weakness. Key support is situated around $1,055, a high-timeframe level critical for establishing a higher low. If Ethereum fails to hold this region on a retest, it risks breaking the swing low and extending the macro downtrend of lower highs and lower lows on the daily timeframe. At this stage, a rejection from the current resistance would likely lead to continued bearish momentum and a push toward lower support levels. Conversely, a strong support hold at $1,055 followed by a breakout above resistance would be needed to signal a potential shift in structure and early signs of strength. Price action remains at a decisive juncture: rejection favors bearish continuation, while a higher low backed by volume could flip the trend bullish in the coming sessions.
Short
by The_Alchemist_Trader_