Harmonic Patterns
TESLA **SELL**TESLA Contain 3 patterns
Douple Top Neck Line 700 Closing under it now Target of pattern 155$
Head and Shoulders Closing under Neck Line Target of pattern 156$
Bulish Crab Target 182 to 140 $ it strong Buy Zone
Gold trend analysisGold prices strengthened again, with spot gold prices rising by more than 1.5% during the week. This upward trend was mainly affected by the tariff policy that the United States is about to implement. Trump will announce reciprocal tariff measures against all countries. The cautious market sentiment has driven funds to flow to safe-haven assets. At the same time, the market will usher in the release of a number of important economic data. Before the release of the non-farm payrolls report, market traders are paying close attention to various economic indicators. Richmond Federal Reserve Barkin said that the current economic situation is shrouded in thick fog, and it is difficult for policymakers to clearly judge the trend of interest rates, while concerns about economic recession have not dissipated.
From the daily level, the daily line closed with a small cross Yin line after three consecutive positive lines. There is selling pressure on the upper side, and it is necessary to pay attention to the continuity of the bulls. If the daily line closes another real Yin line, gold will further expand the adjustment in the short term, and the support near 3060-57 may be tested on the lower side. From the current form, yesterday's small Yin line is temporarily regarded as a bull's stepping back. Investors are currently waiting for Wednesday's ADP and detailed tariff plans. The market avoids the cautious mentality of uncertainty. Technically, gold is still in a bullish trend, and the main idea is to buy more after a pullback.
Short-term 4-hour chart, the current support below is around 3100-3095, which is the key to whether a short-term short position can be formed. If it falls below, it will enter a short-term short trend. The short-term upper resistance focuses on the two positions of 3027-3038, which is the recent top and bottom conversion position. If it goes up, it is around 3150. According to the recent market trend, it is all rising. Therefore, today we continue to buy more at a low level and look at the cycle of rising, and then combine the strength and weakness layout. US market and other data.
Gold strategy: It is recommended to buy more at 3108/09, stop loss at 3100, and target around 3123-3127 and 3137.
UEGCAnalysis of #UEGC There is Head&Shoulders pattern forming on the daily timeframe and butterfly pattern supported by break down trend on daily frame Entry Point 0.545EGP I am looking to take profit at 0.625 and stop loss closing under 0.49
SMFR#SMFR crab pattern target red to bue zone entry point closing up 11.5 EGP stop loss closing under 8.5 EGP
#TMGHTMGH analysis up trend for long term target 16 EGP and short term target 11 /11.85 EGP with stop loss short term clossing under 6.25 EGP
and stop loss long term closing under 4 EGP
Trading GER30 on Tariff DayToday will be a big day for the stock market in 2025. The tariffs to be implemented promises to either make or break the market.
Last week we saw a massive sell off and on Monday and Tuesday we have seen the markets gain a decent amount. However here is what needs to be noted for all indexes:
1) The Daily downtrend is intact
2) The H4 MA is pointing down
3) On GER30,we see a bat pattern to sell
4) H1, M30, M15 is OB and has a double top
We should not follow the news, but instead focus on the charts. Based on this, we will enter a short position and expect the market to resume the downtrend.
Stop loss will be 200 pips around 25700. Good luck!
#AFMC#AFMC
entry point 13.15
fist target red zone 16.25/16.50 profit *25.75%*
second target 17.70 profit *35.35%*
stop loss closing under 11.90 loss *9%*
EDBMtrend up
falling wedge on 1H frame
bulish Gartely on Daliy frame entry point 0.288 EGP stop loss 0.26 EGP
target 0.338 EGP then 0.385 EGP then .57 EGP
EUR/AUDclassic analysis down channal is penetreted enter point 1.6300
elliot waves it now in wave C Impulse Wave .we will wait small correctio then enter
EUR/USDbe ready it is penetrating down channel and line of reversible head$shoulders now
Entery point 1.0823
Target1 1.08829
Target2 1.09096
Stop loss closing below 1.07652
XRPUSDTUpward Trend on the Weekly Timeframe:
If the trend is upward on the weekly chart, it indicates that the market's overall direction is positive, suggesting that the price of the asset may continue to rise in the long term.
Inverted Head and Shoulders Pattern:
This pattern is considered a bullish reversal pattern, typically signaling the end of a downtrend and the potential start of an upward movement. A break of the neckline gives a strong signal that the price is likely to rise.
Neckline Break:
A strong break of the neckline is a strong indication that the upward trend has begun. Price retests of the neckline (i.e., the price coming back to test the level) are a natural occurrence after the break, allowing the market to confirm the strength of the breakout.
Suggested Buying Zone:
As you mentioned, the buying zone between 0.62$ and 0.57$ could be a good entry point if the price returns to test this area after the breakout. This would be a significant buying opportunity if the price tests this zone and then bounces upwards.
Another Buying Zone: between
Stop Loss : 0.48$
First Target (Easy) : 0.8413$ _ 0.8433$
Second Target : 0.9543$ _0.97$
Thired Target : 1.70$
Bullish coin VIDT#VIDT Bullish continuation
TA: U Shape chart
FA: No fundamental, just like REEF TRB bullish formation.
Zoom out a little for the bigger picture
Potential bullish rise?The Aussie (AUD/USD) has bounced off the pivot and could rise to the 1st resistance.
Pivot: 0.6261
1st Support: 0.6229
1st Resistance: 0.6322
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.
Bullish bounce?The Loonie (USD/CAD) is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 1.4278
1st Support: 1.4247
1st Resistance: 1.4333
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.
Bitcoin will have a breakthrough in the channel!Hello, traders
Bitcoin's wave ((4)) has successfully completed a W-X-Y corrective formation. If Bitcoin manages to decisively break above the key resistance level of 88,826, it could trigger a powerful impulsive rally, potentially driving prices toward the next major targets at 95,250 - 99,508 - 109,176.
Additionally, the parallel channel's lower trendline is offering substantial support, preventing further downside movement. A strong breakout above this channel could significantly enhance bullish momentum, increasing the probability of Bitcoin reaching new all-time highs.
