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Harmonic Patterns

Euro – Eyes 1.15400, Awaits Powell's ToneEuro has just filled a GAP and rebounded strongly from the FVG zone around 1.14500. It is now approaching the 1.15400 resistance area, where a descending trendline intersects with a supply FVG. The bullish momentum remains intact within the short-term correction channel, but a rejection at this level could trigger a pullback. On the news front, US Flash Manufacturing PMI is expected to decline, while Fed Chair Jerome Powell is set to testify this week. If he adopts a dovish tone, the USD may weaken further, potentially giving EURUSD the push it needs to break through resistance. Strategy: Wait for a clear breakout above 1.15400 to confirm further upside. If rejected, watch the 1.14000 zone as a key support.
Long
by Rocky_trade_
BTC ITS A TRAP Bitcoin is currently facing significant resistance at key technical levels and may be positioning for a potential sharp decline heading into Thursday, particularly as markets close and geopolitical tensions in the Middle East threaten to escalate. Two key technical confluences support this thesis: 1. Bullish Gartley Harmonic Pattern: This setup is developing with highly precise ratio alignments, targeting a convergence at the Point of Control (POC) alongside multiple anchored VWAP levels. While the pattern typically involves a sharp decline, it often precedes a powerful reversal once liquidity is swept from the lows, making this a potentially attractive risk-reward inflection zone. 2. Failed Auction Structure: Price action has demonstrated an inability to sustain a breakout above the established fair value range, instead reverting back within the bounds of a parallel channel. This failed breakout—confirmed by a rejection at the upper end of the volume profile—suggests heightened probability of a move back toward fair value, marked in blue, which coincides with the POC and represents the market's most accepted / traded price. We’ll observe how the setup develops from here.
Long
by afurs1
XAUUSD on pumpH4 Timeframe Analysis Gold is currently holding the Rising wedge pattern on H4 and Rejected again at 3345-3350 Range which holds the pattern. What's possible scanarios we have? I'm expecting the upside move towards my Targets. if gold sustained with this rising Parallel channel and H4 closes 3380-3382 then look upside 3405 then 3420 on intraday. On the otherhand if The H4 candle closes below 3380-3382 buyying will be limited and market will again the rangbound 3345-3380. #XAUUSD
OANDA:XAUUSDLong
by Forexmaestro121
HAEDALUSDT Forming Inverse Head And ShoulderHAEDALUSDT is currently forming an inverse head and shoulders pattern on the chart, a classic bullish reversal structure that signals the potential end of a downtrend. This pattern is often considered highly reliable when confirmed by a breakout above the neckline, especially when accompanied by strong trading volume. In the case of HAEDALUSDT, volume has been steadily increasing, suggesting accumulating interest from investors and a possible breakout on the horizon. Technical analysis indicates that if HAEDALUSDT successfully breaks above the neckline, it could initiate a strong upward move, potentially yielding gains in the range of 60% to 70%+. The symmetry of the pattern, with well-formed shoulders and a clear head, further enhances the reliability of the bullish setup. Such technical formations tend to attract both swing traders and breakout traders who anticipate momentum-driven moves. Adding to its appeal, the project behind HAEDALUSDT has started gaining traction among investors, which is reflected in recent price stability and a surge in buying pressure. This could mark the beginning of a broader trend reversal, especially if market sentiment across the crypto space continues to recover. Coins forming strong bottoming patterns like this often outperform in bullish cycles. If you're looking for an early entry into a potential breakout with high reward-to-risk potential, HAEDALUSDT is certainly a chart to keep on your radar. Continued volume support and a confirmed breakout could quickly propel it toward upper resistance zones, making it a favorable candidate for short- to mid-term gains. ✅ Show your support by hitting the like button and ✅ Leaving a comment below! (What is You opinion about this Coin) Your feedback and engagement keep me inspired to share more insightful market analysis with you!
Long
by Alpha-GoldFX
[SeoVereign] Bitcoin Bearish Outlook – June 22, 2025We are the SeoVereign Trading Team. With sharp insight and precise analysis, we regularly share trading ideas on Bitcoin and other major assets—always guided by structure, sentiment, and momentum. 🔔 Follow us to never miss a market update. 🚀 Boosts provide strong motivation and drive to the SeoVereign team. -------------------------------------------------------------------------------------------------------- Currently, Bitcoin appears to have entered a downward phase based on the counting criteria. A movement breaking below the S1 support line has been detected, which I previously mentioned as a signal to consider a mid-to-short term bearish trend. From a trend perspective, a bullish reversal has not yet occurred. The reason is that on the 20th, when the 105550 level was broken upward, a strong momentum-driven upward move did not follow. If a true trend reversal had occurred at that point, there should have been immediate strong buying pressure without a whipsaw movement after the breakout. However, the market quickly reversed downward, indicating that selling pressure still dominates. At that point, I was preparing a long idea, but as the bearish trend became clear, I chose not to upload it. At the same time, the 1.414 butterfly pattern I personally developed was confirmed, further supporting the continuation of the downward trend. As a result, I have continued to hold the Bitcoin short position that began with the idea on the 11th, and I plan to provide further analysis and idea updates as market movements unfold. I wish you sound judgment in the market and continued good fortune.
Short
by SeoVereign
1
TUTUSDT Forming Bullish BreakoutTUTUSDT is currently showing a bullish breakout from a falling wedge pattern on the daily chart—a highly reliable reversal setup often signaling the end of a downtrend and the beginning of an upward move. This breakout is accompanied by a healthy increase in volume, adding further confirmation to the move. Falling wedges are generally considered powerful patterns, especially when followed by strong bullish candles as seen here. This setup is attracting both technical traders and market watchers who are closely monitoring the next leg up. The potential for a 40% to 50% gain is clearly visible on the chart, with projection targets well-defined and aligned with recent price action. The momentum is building, and TUTUSDT seems to be gearing up for a strong continuation rally. A sustained move above the wedge resistance and current local highs could pave the way for a retest of key resistance zones from previous price spikes. This breakout comes at a time when broader market sentiment is slowly shifting toward optimism. As the altcoin space regains traction, tokens with solid technical setups like TUTUSDT become prime candidates for short- to mid-term investment. Additionally, the relatively low market cap and increasing investor interest in this project add further fuel to its upside potential. For traders seeking early-stage breakouts with strong technical structure and positive sentiment, TUTUSDT offers an attractive opportunity. Keep an eye on volume continuity and market-wide conditions as confirmation for a full rally toward the upper targets mentioned in this setup. ✅ Show your support by hitting the like button and ✅ Leaving a comment below! (What is You opinion about this Coin) Your feedback and engagement keep me inspired to share more insightful market analysis with you!
Long
by Alpha-GoldFX
HIFIUSDT Forming Falling Wedge HIFIUSDT is forming a textbook falling wedge pattern on the chart, a classic bullish reversal signal that often precedes strong upside movement. This pattern occurs when price action consolidates between two downward sloping trendlines, gradually tightening before a breakout to the upside. The current structure on HIFIUSDT suggests that the selling pressure is losing momentum, and a breakout could trigger an explosive bullish run. With technical confirmation building and a tightening wedge structure, traders and investors alike are starting to take serious interest in this setup. Volume analysis further supports the bullish bias. Despite the decline in price, volume has remained relatively stable, a sign that the coin is being quietly accumulated. This kind of price-volume divergence typically precedes major market moves. As the wedge approaches its apex, a breakout with strong volume could ignite a significant price surge. Given the historical price action and chart projections, HIFIUSDT has the potential to deliver an extraordinary 490% to 500% gain from current levels, making it one of the most promising technical plays in the market right now. Market sentiment around the HIFI ecosystem is also improving, with increased social media engagement, partnerships, and on-chain activity. This suggests that both speculative traders and long-term holders are watching the project closely. As the broader crypto market leans bullish, coins with strong technical setups like HIFIUSDT are well-positioned to outperform. With its current technical structure, strong community interest, and substantial upside potential, HIFIUSDT presents a rare opportunity for traders looking for high-reward breakout trades. Watch closely for a confirmed breakout from the wedge—this could be the signal that a major rally is beginning. ✅ Show your support by hitting the like button and ✅ Leaving a comment below! (What is You opinion about this Coin) Your feedback and engagement keep me inspired to share more insightful market analysis with you!
Long
by Alpha-GoldFX
GBPUSDHello Traders! 👋 What are your thoughts on GBPUSD? On the GBPUSD chart, we can see that the price has repeatedly tested a key resistance zone but failed to break above it, resulting in multiple rejections. After forming a rising wedge pattern, the pair has broken down below the wedge, and is now completing a pullback toward the broken trendline. We expect that after some consolidation in this area and completion of the pullback, the price will likely resume its decline toward lower targets. As long as price remains below the resistance zone and broken trendline, the bearish scenario remains valid. Is the pullback complete and ready for the next leg down? Share your view below! 🤔👇 Don’t forget to like and share your thoughts in the comments! ❤️
Short
by HAMED_AZ
13
#GBPJPY: Buyers and Sellers Both Has Equal Chances! Hey there! So, GBPJPY is at a pivotal moment, and we might see a mix of buying and selling activity in the market. Since the bulls aren’t exactly sure what to do next, here’s what we think: - The GBPJPY pair is having a tough time breaking through the 194 region. The Japanese yen (JPY) is holding steady, making it hard to predict what will happen next. This has made trading JPY pairs a real challenge. - Looking back at how prices have behaved in similar situations can give us some clues about what might happen in the future. But it’s important to do thorough research before we start trading. Just because something happened in the past doesn’t mean it will happen again. - The Japanese yen (JPY) also tends to go down when the US dollar (USD) goes up. Since we’re bullish on the DXY index in the coming days, we think the JPY will probably take a hit, and it could go down a lot. It’s also worth keeping an eye on the GBP, which has been one of the most popular currencies since the market opened earlier today. - In the meantime, we suggest setting two take-profit targets: one at 197 and another at 199. These levels are likely to see a lot of selling activity. Now, let’s talk about what sellers should do: - The price is currently in favour of sellers since it dropped from 195.50 to 193.50. And since the last two daily candles closed with strong bearish volume, it looks like the price is going to keep going down. - If the price breaks below 190.50, that would be a great opportunity for sellers to make some money. 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_ ❤️🚀
by Setupsfx_
24
#CHFJPY: Next Target 180 or Beyond! Get ReadyCHFJPY is extremely bullish this week. The price has risen above 175 as of today, primarily due to the strong USD economic data and the BOJ’s decision not to change interest rates. We anticipate a steady bullish move. 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_
7
EURJPY - Over-Bought Big Time!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈EURJPY has been overall bullish trading within the rising channel marked in blue. However, it is currently retesting the upper bound of the channel. Moreover, the green zone is a major weekly supply. 🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the upper blue trendline and weekly supply. 📚 As per my trading style: As #EURJPY approaches the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by TheSignalyst
6