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Harmonic Patterns

Xauusd market update This chart shows a Gold Spot (XAU/USD) analysis on the 1-hour timeframe. Here's a breakdown of the setup: --- Key Levels: Current Price: $3,326.695 Support Zone (Blue Area): ~$3,280 – $3,310 Resistance Zone (Purple Area): ~$3,375 – $3,400 --- Chart Insights: The price appears to be consolidating in a range (highlighted by the blue support/resistance bands). There's a dotted projected path showing a possible: 1. Short dip into the lower support zone around $3,280 2. Reversal and sharp move up toward the $3,375–$3,400 resistance zone --- Interpretation: This is a bullish setup suggesting a buy opportunity if price dips to the lower blue zone and shows a reversal. The target lies near the upper purple zone ($3,400). Traders might watch for: Bullish candlestick confirmation near the support zone Breakout from the current consolidation Volume confirmation on the move upward --- Would you like a risk-reward analysis or entry/stop/target levels based on this setup?
OANDA:XAUUSDShort
by Mr_Zakrii
GBPUSD – Bullish Structure Holds, Waiting for a Clean RetestGBPUSD recently bounced strongly from the ascending trendline and hit resistance at 1.36300. The price is now slightly correcting, with a high probability of retesting the 1.35000 support zone – an area of FVG and technical confluence. The bullish structure remains intact as long as price holds above this level. Positive UK Services PMI data further supports the medium-term uptrend. Are you waiting for the pullback to jump in?
Long
by Rocky_trade_
Pullback Before Bullish ContinuationGold is currently facing resistance near the mid-Keltner Channel zone. Based on current structure and momentum, we anticipate a two-phase move: 🔻 Phase 1 – Short-Term Pullback: Price is likely to reject the current resistance and move lower into the demand zone around 3310–3315. This retracement aligns with a healthy correction within a larger structure. 🟢 Phase 2 – Bullish Reversal: After the pullback, we expect a strong bullish continuation toward the 3370–3373 area. This level represents the next significant resistance and profit target for long positions. 📌 Key Zones to Watch: Demand Support: 3310–3315 Bullish Target: 3370–3373 Stop-Loss for Longs: Below 3308
OANDA:XAUUSDLong
by VisionaryInsights
5
BITCOIN Major Pivot bounce eyes $140000!Bitcoin (BTCUSD) has started off the week with a huge 1W candle bounce on the former Lower Highs trend-line (that started on its All Time High), which has now turned into a Pivot. That trend-line held both last week and 3 weeks ago. The very same Pivot test took place (October 2024) at the start of the previous Bullish Leg, resulting into a massive rebound that peaked upon a +108.08% rise. That was even higher than the Bullish Leg before it (+92.12%), which also started after a 1.5 month consolidation (Dec 2023 - Jan 2024). Interestingly enough those Legs show an amazing frequency as the Time Cycles show on their bottoms. Assuming the current Bullish Leg will follow the 'bad case' scenario of +92.12%, we should be expecting to see at least $140000 before the next pull-back/ consolidation. Do you think such Target is feasible by the end of August? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
6
XAUUSD – Short-Term Decline, Long-Term Bullish AccumulationAfter a sharp drop of over 1,250 pips yesterday, gold reacted at the key demand zone around 3,300, where initial buying pressure has emerged. The chart still shows a valid short-term downtrend, but this area also aligns with the lower boundary of a long-term channel—previously a launch point for significant upward moves. Currently, XAUUSD is consolidating below multiple unfilled Fair Value Gaps, awaiting a confirmed breakout toward the 3,361.500 region to potentially reverse the trend. In terms of news, tensions in the Middle East escalated as the U.S. launched airstrikes on Iran’s nuclear facilities, triggering strong volatility in gold. Upcoming key U.S. economic data—including quarterly GDP and the Fed’s preferred inflation gauge, Core PCE—will play a crucial role in determining whether gold has the momentum to break out or remains in consolidation. For now, the short-term bias remains bearish, but buyers are quietly accumulating strength for a potential long-term rally.
OANDA:XAUUSDLong
by Rocky_trade_
$ETH 4H Falling Wedge Breakout: Ethereum has successfully brokeCRYPTOCAP:ETH 4H Falling Wedge Breakout: Ethereum has successfully broken out of a clear falling wedge pattern on the 4-hour timeframe, signaling a potential trend reversal from bearish to bullish. ✅ 🔸 Support at $2,400 – $2,380: After the breakout, ETH is holding above the wedge and this support area. This zone will be crucial for confirming the breakout's strength. 🔸 Upside Target: $2,800 If momentum continues, ETH could rally toward $2,600 first, followed by a move to the $2,800 level as shown by the projection in the chart. 🔸 Risk Level at $2,300: If ETH dips below $2,300 and re-enters the wedge, it could invalidate the breakout setup and lead to downside pressure. 🔸 Outlook: Watch for a retest of the breakout trendline (around $2,420) with bullish confirmation (like a strong wick or engulfing candle) to consider long positions. Target higher levels gradually while managing risk.
COINBASE:ETHUSDLong
by CryptoSkullSignal
3
WTI Oil H4 | Continuation of downward trajectory?WTI oil (USOIL) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 67.15 which is a pullback resistance that aligns with the 23.6% Fibonacci retracement. Stop loss is at 70.30 which is a level that sits above a pullback resistance. Take profit is at 62.49 which is a swing-low support. 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:USOILShort
by Tradu
Wednesday, Trade of the day 📊 Wednesday Trading Update Tuesday didn’t give us any tangible plays — price action was choppy, unconvincing, and mostly noise. But that’s behind us. Let’s see what Wednesday brings, especially with London and NY sessions ahead. Midweek is notoriously volatile for BYC, and historically, Wednesday has often been the day that breaks the range or gives us a proper deviation setup — so eyes sharp today 👀. My trades today will stick to standard range plays, nothing forced. We're still sitting above 4H supply, and unless we get a clean breakout with structure shift, I’ll remain cautious and reactive, not predictive. Here’s what I’m watching today: 👉 Look for clear market structure shifts on the LTF (lower timeframes) 👉 Divergences can give early signs if you're using oscillators If I get time, I might record a quick session later. No promises, but I’ll update if that changes. 🎥 If you're unsure what to look for, go back through the video archive — everything you need has already been broken down in detail. 📅 Weekly Schedule: Wednesday – ❌ No class Thursday – ❌ No class Friday – ❌ No class Let’s stay sharp — volatile Wednesdays tend to reward patience and precision.
by Trade-Journal
1
Gold H4 | Pullback resistance at 50% Fibonacci retracementGold (XAU/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 3,344.72 which is a pullback resistance that aligns with the 50% Fibonacci retracement. Stop loss is at 3,400.00 which is a level that sits above the 61.8% Fibonacci retracement and a swing-high resistance. Take profit is at 3,276.41 which is a swing-low support. 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:XAUUSDShort
by Tradu
#HOT/USDT#HOT The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest. We are seeing a bounce from the lower boundary of the descending channel, which is support at 0.000840. We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend. We are looking for stability above the 100 moving average. Entry price: 0.000852 First target: 0.000862 Second target: 0.000875 Third target: 0.000890
Long
by CryptoAnalystSignal
AUDJPY DETAILED ANALYSISAUDJPY has successfully completed a breakout from a bullish pennant structure on the 4H timeframe, signaling the beginning of a strong upward continuation move. After a sustained consolidation below descending resistance, price action has now pierced through the upper trendline with volume and follow-through momentum. The breakout is aligned with the prior bullish leg from mid-June, indicating trend continuation. I’m now targeting 96.500 as the next key price level, with current price holding firm at 94.500. Fundamentally, the Australian Dollar remains supported by recent hawkish RBA expectations. Traders are now pricing in the possibility of another rate hike following sticky inflation data out of Australia. The latest CPI print showed an annualized rise above 4%, exceeding forecasts, and reinforcing the case for tighter monetary policy. In contrast, the Japanese Yen continues to weaken as the Bank of Japan maintains its dovish tone, with no immediate signs of rate normalization. The ongoing yield divergence continues to fuel bullish flows into AUDJPY. Today’s market sentiment favors risk-on assets, and AUD typically benefits in such conditions. Global equity strength and higher commodity prices are further backing AUD's upside momentum. Moreover, with carry trade flows increasing as investors seek higher-yielding currencies, AUDJPY is well-positioned to benefit from both fundamental tailwinds and technical breakout confirmation. This setup is technically clean and fundamentally strong. Pullbacks toward the 94.100–93.900 zone could be retested as new support before the pair extends higher. As long as price holds above the breakout level, I remain bullish with 96.500 as my primary upside target. This pair is offering a high-probability continuation play in alignment with both macro and micro structure.
Long
by AndrewsMarket-Mastery
2
#People/usdt#People The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest. We are seeing a bounce from the lower boundary of the descending channel, which is support at 0.01750. We have a downtrend on the RSI indicator that is about to break and retest, supporting the upward trend. We are looking for stability above the 100 moving average. Entry price: 0.01790 First target: 0.01820 Second target: 0.01850 Third target: 0.01881
Long
by CryptoAnalystSignal