Get started

Harmonic Patterns

USDT Dominance $USDT.D – Channel Breakout in Action!!USDT.D has officially broken out of the descending channel, indicating a potential shift in momentum. Key Points: - LTF bullish divergence supported the recent push. - Price is now testing the breakout level with potential to move higher. - Next key resistance levels are marked at 4.85%, 5.23% Both levels align with Fibonacci retracement zones, adding to their importance. If this move sustains, we might see temporary pressure on alts due to increased USDT strength. However, if price fails to hold above the channel and confirms a deviation, alts may resume dominance. Weekly close remains key — it will either validate this breakout or trap the breakout traders.
CRYPTOCAP:USDT.DShort
by persis10t
ETHUSD REACHED NEW HIGH - SHORT OPPORTUNITY TRADING IDEA - ETHUSD REACHED NEW HIGH - SHORT OPPORTUNITY📉 The same as BTCUSD, ETHUSD has reached a new maximum at 3.083.52. After that the asset went sideways, waiting for some impulse. I see strong divergence on 4h timeframe on RSI and expect a decline within next 24-48 hours. Basically, it is the same story here as with the bitcoin, cause the nature of the recent hike is also the same. So, I put a 🔽 a market sell order at 2977.94 with ❌a stop loss at 3183.83 and 🤑a take profit at 2718.11 It is a counter-trend trade, so it's a bit more risky than usual. Trade cautiously! Preserve your deposits!
CAPITALCOM:ETHUSDShort
by ProfessorSingapore
EURUSD SEEMS TO FIND SUPPORT TRADING IDEA UPDATE - EURUSD SEEMS TO FIND SUPPORT🦾 EURUSD seems to find support on a trendline and shows us divergence on RSI on 1-h timeframe. So, I decided to close my trade in advance before my stop loss gets triggered and open long position with a 🔼 a market buy order at 1.16833 with ❌a stop loss at 1.16324 and 🤑a take profit at 1.18266 Additionally, today is the U.S. CPI report data coming out. Market expects the annual inflation to be around 2.7%. Me, personally, think that actual June inflation will be a bit lower, which may provide some fundamental support to the EURUSD. Will see.
Long
by ProfessorSingapore
GBP/JPY H4 | Yen weakness to persist?GBP/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 197.98 which is a pullback support that aligns with the 38.2% Fibonacci retracement. Stop loss is at 196.68 which is a level that lies underneath a swing-low support and the 61.8% Fibonacci retracement. Take profit is at 199.75 which is a swing-high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com ): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Long
by Tradu
Silver H4 | Pullback support at 50% Fibonacci retracementSilver (XAG/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 37.27 which is a pullback support that aligns with the 50% Fibonacci retracement. Stop loss is at 36.60 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement. Take profit is at 38.32 which is a swing-high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com ): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
TRADU:XAGUSDLong
by Tradu
XAUUSD 4H – Break & Retest With Bullish Continuation | SMC🚨 Gold (XAUUSD) is setting up for a potential bullish move after a successful break and retest of a key resistance zone at 3346 – 3348, now turned into fresh support. 🔍 Technical Breakdown: 📌 Structure: Gold previously formed a strong resistance near 3346, which aligned with multiple rejections in past sessions. After a liquidity sweep and break above this level, price retraced for a textbook break-and-retest setup. 📌 CHoCH & BOS (Break of Structure): The market showed a bullish Change of Character followed by a clean Break of Structure to the upside, confirming bullish intent. 📌 Smart Money Perspective: Institutional demand was respected at 3296–3305 zone. Liquidity below this zone has been taken. Current bullish candles are printing higher highs and higher lows. 📌 Confluences: ✅ Break & Retest of major structure ✅ Clean demand zone below ✅ Imbalance filled ✅ Bullish market structure ✅ SMC confirmation (CHoCH + BOS + Mitigation) 📈 Trade Idea (Long Setup): 💰 Buy Entry: 3359 🔻 Stop Loss: 3305 (below demand + structure) 🎯 Take Profit 1: 3400 🎯 Take Profit 2: 3440 – 3442 (major resistance) 🧮 Risk-to-Reward: 1:2+ This setup provides a strong bullish continuation opportunity targeting the upper resistance zone. Monitor candle confirmations and session volume for more precise entries. 📢 💬 Like this idea? Follow for more Smart Money trades on Gold, US30, NAS100, and V75!
FX:XAUUSDLong
by FrankFx14
Oil Futures Approaching Key Reversal Zone – Bullish HarmonicOil futures may be forming a bullish Shark harmonic pattern, with price approaching the potential reversal zone at point D. This pattern suggests a possible bounce if buyers step in around this area. If price action shows signs of support or a shift in momentum, it could offer a solid long opportunity. Look for confirmation like bullish candles or indicators turning up before entering. If the pattern plays out, it could provide a strong risk-to-reward setup.
NYMEX:CL1!Long
by FreedomBuilder
$LAUNCHCOINUSDT – Bullish Breakout with Retest Complete Launchcoin has successfully broken out of its descending channel and just completed a perfect retest at the breakout zone. As long as it holds above the green demand zone, we can expect continuation to the upside. 📍 Entry Zone: $0.141–$0.144 🛑 Stop-Loss: $0.1306 🎯 Target: $0.2609 🔹 Structure: Breakout + retest of trendline resistance 🔹 Confirmation: Strong bounce from support with rising momentum 🔹 Risk/Reward: Excellent upside from current zone
Long
by persis10t
1
CAD/JPY is currently exhibiting a bearish trend structureThe CAD/JPY currency pair is currently exhibiting a bearish trend structure, indicating a prevailing downward momentum in its price action. At present, the pair is trading within a secondary trend near a significant resistance level, which is a critical point that could determine its next directional move. Traders and investors are closely monitoring this level as a breakout or rejection here could set the tone for future price movements. On the lower side, if the bearish momentum continues, the price may decline toward the target of 104.900. This level could act as a key support zone, where buyers might step in to halt further losses. A break below this support could intensify selling pressure, potentially pushing the pair toward lower levels. Conversely, if the price finds stability near this support, a short-term rebound could occur, providing traders with potential buying opportunities in a corrective phase. On the higher side, if the pair manages to overcome the current resistance, it may attempt to test the next key resistance level at 108.300. A successful breakout above this level could signal a shift in market sentiment, possibly leading to a trend reversal or a stronger corrective rally. However, given the prevailing bearish structure, any upward movement may face strong selling pressure near resistance zones, limiting upside potential. Traders should remain cautious and watch for confirmation signals before entering positions. Key indicators such as moving averages, RSI, and MACD can provide additional insights into momentum and potential reversals. Risk management strategies, including stop-loss orders, should be employed to mitigate downside risks in case the market moves against expectations. Overall, the CAD/JPY pair remains in a bearish phase, and its next major move will depend on how it reacts to the critical resistance and support levels mentioned.
Short
by TraderAishDXB
2
GBPUSD Technical & Order Flow AnalysisOur analysis is based on a multi-timeframe top-down approach and fundamental analysis. Based on our assessment, the price is expected to return to the monthly level. DISCLAIMER: This analysis may change at any time without notice and is solely intended to assist traders in making independent investment decisions. Please note that this is a prediction, and I have no obligation to act on it, nor should you. Please support our analysis with a boost or comment!
Long
by dkb14246
1
ZRO/USDT Breakout Watch – Ready to Rally After Being TrappedZRO is currently in a technically significant phase. After months of relentless selling pressure, the price action is now forming a classic Descending Triangle, and price is testing the upper boundary of this structure. A breakout from this zone could trigger a strong bullish reversal with multi-stage targets ahead. 🧩 Pattern Structure & Price Action: 📐 Descending Triangle (Potential Reversal) Lower Highs have been forming since November 2024. Strong horizontal support at $1.90 – $2.00, tested multiple times. Price volatility is compressing, which often precedes a breakout. This pattern is often considered bearish, but in this extended downtrend context, it can become a bullish reversal pattern if price breaks out to the upside with strong volume. 📊 Key Zones & Target Levels if Breakout Happens: 1. 🔹 $2.30 – Breakout confirmation zone (trendline break). 2. 🔹 $2.73 – Minor resistance from previous structure. 3. 🔹 $3.31 – Strong psychological and historical resistance. 4. 🔹 $5.02 – Primary breakout target based on pattern height. 5. 🔹 $6.06 – $6.50 – Mid-term extension target based on Fibonacci and prior supply zone. 6. 🔹 $7.17 – $7.56 – Extended bullish target in case of strong rally continuation. 🟢 Bullish Scenario: If price breaks out with a strong daily close above $2.30 accompanied by volume: Buyers gain control. Descending triangle becomes a launchpad for upward momentum. Gradual rally toward $5 and beyond becomes very likely over the next few weeks. 🔴 Bearish Scenario: If price fails to break the resistance and instead drops below $1.90: Price could fall toward $1.60 as near-term support. If bearish pressure continues, price may test the $1.48 support zone (previous local bottom). Structure remains bearish until significant buying pressure returns. 🧭 Conclusion: ZRO is at a critical decision point. A clean breakout from this pattern could be the beginning of a major recovery rally. However, failure to break resistance could lead to another leg of consolidation or downside. This is a high-opportunity setup for traders watching for volume and confirmation. #ZRO #ZROUSDT #CryptoBreakout #TechnicalAnalysis #AltcoinSeason #CryptoTrading #DescendingTriangle #ReversalPattern #ChartAnalysis
Long
by CryptoNuclear
EIGEN/USDT Breakout Countdown: Descending Triangle Retest EIGEN/USDT is currently at a critical technical juncture. After months of downward pressure, the pair is now showing signs of a major bullish breakout from a descending triangle pattern, which is often a strong reversal signal. Are we about to witness an explosive upside move? Let’s dive into the setup. 🧠 Key Technical Structure 📌 Pattern: Descending Triangle (Bullish Reversal Potential) Formed since December 2024 Strong horizontal support between $1.05–$1.28 (yellow box), tested multiple times Series of lower highs forming a descending trendline, now being challenged by price action This structure hints at heavy accumulation beneath resistance 📌 Volume: Gradually increasing near breakout zone — a sign of accumulation by smart money 📌 Breakout Confirmation: A daily close above $1.30 with strong volume will validate the breakout, potentially triggering a powerful move. 🟢 Bullish Scenario (Confirmed Breakout) If EIGEN breaks and successfully retests the descending trendline, a major rally could follow, with these targets in sight: 🎯 Upside Price Targets: 1. $1.60 – Minor resistance and previous support flip 2. $1.98 – Previous distribution zone 3. $2.34 – Horizontal resistance from past structure 4. $2.98 – Mid-Fibonacci extension target 5. $4.01 – Full height target from triangle breakout 6. $5.48–$5.65 – Long-term target from historical resistance ✅ This structure aligns with a classic impulsive wave pattern following a major technical breakout. 🔴 Bearish Scenario (Failed Breakout / Fakeout) Not all breakouts are successful. Here's what to watch out for: 🔻 If price fails to hold above $1.28, and breaks below $1.05, the structure turns bearish: Opens the door for a trend continuation downward Next supports lie at $0.90–$0.80, and possibly $0.65–$0.60 Indicates that sellers are still in control and accumulation has failed 🚫 This would invalidate the bullish setup and signal caution for long positions. 📌 Suggested Trading Plan Entry Strategy: Conservative: Wait for a confirmed breakout and successful retest above $1.30 Aggressive: Enter on intraday breakout with strong volume above trendline Stop Loss: Below triangle support (~$1.02–$1.05) Take Profits (TP): Scale out at $1.60 / $1.98 / $2.34 / $2.98 / $4.01 / $5.48 💬 Conclusion EIGEN is on the verge of a major technical move. A clean breakout from the descending triangle could mark the transition from bearish consolidation to bullish expansion — a structure often seen before explosive rallies in altcoins. Always manage risk wisely, stay alert for retests, and never chase entries without confirmation. This is a setup worth watching closely in the coming days! #EIGEN #EIGENUSDT #CryptoBreakout #DescendingTriangle #AltcoinSeason #BullishSetup #ChartPattern #BreakoutAlert #SmartMoneyMoves #CryptoTechnicalAnalysis
Long
by CryptoNuclear
ARB/USDT Breaks Downtrend – Major Bullish Reversal in Play!📊 Technical Analysis (Daily Timeframe) ARB has officially broken out of a long-standing descending trendline that has defined its downtrend since late 2024. This breakout, supported by strong demand at key Fibonacci levels, could be the start of a major bullish reversal. 🧠 Key Chart Patterns & Structure: 🔸 Descending Triangle Breakout Originally viewed as bearish, this triangle has instead resolved to the upside — a rare but powerful bullish reversal signal when paired with growing volume and price compression near the breakout. 🔸 Fib Retracement Bounce Price rebounded precisely from the 0.618 (0.3210) and 0.786 (0.2910) levels, confirming these zones as strong accumulation and liquidity areas. 🔸 Break & Retest Zone at 0.3422 – 0.3210 This golden zone will be key for confirming the breakout. A successful retest here sets the stage for the next leg up. 🔸 Bullish Price Structure Formation A potential higher low and higher high formation is beginning, which would fully confirm the shift from bearish to bullish market structure. 🟢 Bullish Scenario (High Probability) If the breakout is validated with a successful retest of the zone: ✅ Short-term Targets: 0.4873 — First major resistance 0.6701 — Mid-range zone with historical confluence 🚀 Mid to Long-Term Targets: 0.8224 0.9216 1.1730 1.2384 — Full recovery back to former highs 🔼 These zones align with Fibonacci extensions and historical resistance areas. Bull momentum can accelerate quickly due to short covering and new buyers entering. 🔴 Bearish Scenario (Invalidation Level) If price fails to hold above 0.3210, the bullish setup is invalidated short-term: Breakdown could revisit 0.2910 (Fib 0.786 support) Below that: full retrace to the December–March demand base at 0.2420 🛑 Key Invalidation Level: Break below 0.3210 with strong selling pressure. 📌 Strategic Summary ARB has broken its macro downtrend, signaling the start of a new phase. Holding above the golden pocket zone (0.3210–0.3422) is critical for continuation. Targets above 0.9–1.2 are realistic if the market sustains its momentum. Monitor volume and RSI for further confirmation of bullish strength. 🔍 Traders Note: This setup reflects an ideal blend of trend reversal, Fibonacci support, and breakout confirmation — a textbook setup for swing and positional traders aiming for medium-term upside. #ARB #ARBUSDT #BreakoutAlert #CryptoTA #TrendReversal #BullishSetup #TechnicalAnalysis #CryptoTrading #FibonacciLevels #DescendingTriangle #AltcoinBreakoutl
Long
by CryptoNuclear
MUBARAK/USDT Ready to Explode? Final Compression Phase? 📊 Complete Technical Analysis – 12H Timeframe (BINANCE) The MUBARAK/USDT pair is currently in a tight consolidation phase, forming a classic Symmetrical Triangle pattern. This structure indicates mounting pressure from both buyers and sellers, typically leading to a high-volatility breakout once the price escapes the triangle boundaries. 🔺 Pattern: Symmetrical Triangle – Sign of Impending Volatility Rising Support Trendline (Higher Lows): Shows that buyers are gradually pushing price higher from each dip. Descending Resistance Trendline (Lower Highs): Sellers are still active, but their strength is weakening over time. Declining Volume: A healthy consolidation — decreasing volume is a hallmark of triangles before big moves. Although neutral by nature, in this context, the bullish momentum seems stronger as price holds above key support. 🎯 Key Price Levels: Price Level Description 0.04811 Breakout zone & first resistance 0.05381 Short-term target post-breakout 0.06000 Psychological resistance and reaction zone 0.06612 Maximum target based on triangle height projection 🟢 Bullish Scenario: If price successfully breaks above the triangle’s resistance line and closes above 0.0481 USDT with strong volume: Potential rally toward the 0.053 – 0.066 USDT range. Triangle projection suggests a move of +50% or more from current levels. Breakout confirmation: 12H candle close above 0.050 with above-average volume. 📌 Note: A post-breakout retest of the breakout line can offer a second entry opportunity if it holds as new support. 🔴 Bearish Scenario: If the price breaks below the ascending support line: Price may drop toward the demand zone between 0.034 – 0.030 USDT. A deeper correction may target the previous low at 0.0208 USDT. Watch for fakeouts — low-volume breakdowns may not hold. 🧠 Risk-Reward Strategy: Aggressive Entry: On strong breakout above 0.048 with rising volume. Conservative Entry: Wait for breakout confirmation + successful retest. Stop Loss: Below 0.041 or just under the triangle's lower boundary. Targets: TP1 at 0.053, TP2 at 0.060, TP3 at 0.066 (max range). ✅ Conclusion: MUBARAK/USDT is at a critical juncture—a likely breakout from this symmetrical triangle could trigger a significant directional move. Traders should closely monitor volume spikes and candle closures for confirmation. This could be the beginning of a new trend phase for this asset. #MUBARAKUSDT #CryptoBreakout #SymmetricalTriangle #AltcoinAnalysis #TechnicalSetup #TradingSignals #BullishSetup #BearishRisk #PriceAction
Long
by CryptoNuclear
XAUUSD MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. 🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair . 💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.
OANDA:XAUUSDLong
by okako_trading
NIFTY 2HNifty is currently trading around the 25,200 level and has formed a symmetrical triangle pattern on the chart, which typically indicates a period of consolidation before a major move. This pattern reflects a balance between buyers and sellers, with price making lower highs and higher lows, gradually converging towards the apex. A breakout from this triangle, especially with strong volume, signals the potential start of a new trend. In this case, if the breakout sustains and is followed by a successful retest of the breakout zone as support, it strengthens the bullish outlook. Based on technical projections, there is a strong possibility that Nifty could rally towards the 28,000 level, marking a significant upside move from the current range. However, traders should monitor volume and price action closely to confirm the breakout's strength. Disclaimer: The information provided is for educational and informational purposes only and should not be considered as financial advice. Investing in the stock market involves risk, and past performance is not indicative of future results. Please consult with a certified financial advisor or conduct your own research before making any investment decisions. We are not responsible for any losses incurred as a result of using this information. Stock market investments are subject to market risks; read all related documents carefully.
NSE:NIFTYLong
by saimandali