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Harmonic Patterns

EURCHF Technical and Order Flow AnalysisOur analysis is based on multi-timeframe top-down analysis & fundamental analysis. Based on our view the price will rise to the monthly level. DISCLAIMER: This analysis can change anytime without notice and is only for assisting traders in making independent investment decisions. Please note that this is a prediction, and I have no reason to act on it, and neither should you. Please support our analysis with a like or comment!
Long
by dkb14246
1
Gold is short, gold may plummet!As the current price is basically fluctuating within the large range of 3260-3370, the overall trend is fluctuating downward, the high point is constantly moving down, and the low point is tested many times. The more tests are made, the greater the probability of breaking. Therefore, the continuity of the rebound is not strong. In the morning, we stepped back to 3319 and bought more. In the afternoon, we rebounded to 3323 and left the market with a small profit and then went short. It basically maintained a weak consolidation at a low level. This trend means that there will be further declines.
OANDA:XAUUSDShort
by JoshuaEmmie
GOLD GOLD 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
1
Bearish breakout?The Kiwi (NZD/USD) is falling towards the pivot, which acts as an overlap support. A breakout could lead the price to drop to the 1st support, which is also an overlap support. Pivot: 0.5938 1st Support: 0.5840 1st Resistance: 0.6028 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.
Short
by ICmarkets
XTIUSD – 4H Short Position ExplanationI have entered a short position on XTIUSD (WTI Crude Oil) based on a multi-timeframe bearish confluence setup: Weekly and Daily Trend: The overall structure on both the weekly and daily charts is bearish, showing a consistent downtrend and favoring sell setups. Daily Chart Structure: Recently, price formed a lower high on the daily timeframe, indicating continued bearish pressure and a rejection from a key resistance zone. 4H Price Action: On the 4-hour chart, price has broken a major support level, confirming the bearish momentum. This breakdown increases the probability of further downside movement. Trendline & Structure: The pair is respecting a descending trendline, further supporting the bearish scenario. RSI Confirmation: The RSI has dropped below 40 and continues to trend downward, reflecting bearish strength without yet being oversold. This trade aligns with the higher timeframe trend, with a clear break of support and momentum favoring sellers. The risk is managed above the broken structure, and the setup offers a favorable risk-to-reward ratio.
SLong
by The_Trading_G3ek
GBP/USD Opening Trends and Trading Strategies Next WeekTrend Analysis Examining the 4 - hour chart of GBP/USD, the pair is distinctly navigating an upward trend. A series of successive higher highs and higher lows have been established, serving as a robust testament to the dominant strength of the bulls 🐂. This upward momentum indicates that the bulls are firmly in the driver's seat, consistently pushing the price higher and maintaining control over the market sentiment. Key Levels Support Area The 1.3200 - 1.3240 range emerges as a crucial support zone on the chart. Historical price action reveals multiple instances where the price has found strong support in this area, bouncing back with resilience each time it approached. This repeated pattern underscores the presence of substantial buying pressure, as market participants actively step in to defend this price level. Should the price retrace towards this support zone again, it could potentially present a lucrative opportunity for traders to initiate long positions 💰. Target Area The 1.3420 mark has been identified as a significant target level. In the event that the price successfully breaks free from its current consolidation phase and continues its upward trajectory, there is a strong expectation that it will advance towards this target price. This level represents a potential milestone for the bullish rally, and reaching it would further validate the strength of the upward trend 🎯. Trading Strategy Long - position Strategy For traders looking to capitalize on the bullish trend, a well - timed entry point could present itself when the price retraces to the 1.3200 - 1.3240 support area. Once there, the appearance of a bullish candlestick pattern, such as a hammer or an engulfing pattern, can serve as a signal to consider entering a long position. To manage risk effectively, it is advisable to set the stop - loss just below the support area, protecting against any unexpected downward movements. With the 1.3420 target area in sight, traders can aim for a profitable trade as the price moves in the anticipated upward direction 📈. ⚡⚡⚡ GBPUSD ⚡⚡⚡ 🚀 Buy@1.32000 - 1.32400 🚀 TP 1.33500 - 1.34000 Accurate signals are updated every day 📈 If you encounter any problems during trading, these signals can serve as your reliable guide 🧭 Feel free to refer to them! I sincerely hope they'll be of great help to you 🌟
Long
by Sovereign-
Spotify stock falls more than 11% after earnings releaseSpotify's stock has shown significant price weakness and is now trading below $600 per share, shortly after a large bearish gap formed following the release of its quarterly results. The company reported earnings per share of €1.07, below expectations of €2.13 per share. Additionally, Spotify projected operating profit for Q2 at €539 million, under the market estimate of €557 million. The earnings miss and weak forward guidance have led to persistent bearish pressure, triggering strong selling momentum in the short term. Uptrend Weakens: Spotify has been in a consistent uptrend since around November 2022. However, in recent months, buying pressure has failed to push the price to new highs, with the stock now trading in a lateral range that signals a period of price consolidation. If the uptrend continues to stall, this neutral phase may extend in the short term. ADX: The ADX line has started to show early signs of neutrality, hovering around the 20 level. This indicates reduced volatility over the past 14 trading sessions. If ADX remains in this range, it suggests that price neutrality could persist. RSI: A similar condition is seen in the RSI, which has reached the neutral 50 zone—where bullish and bearish momentum are in balance. This reinforces the neutral sentiment and may support continued sideways movement in upcoming sessions. Key Levels: $640: The most recent high. A breakout above this level could signal a continuation of the long-term uptrend. $540: Current support level, aligned with the 100-period simple moving average. Stability here may support ongoing consolidation. $480: Major support at recent lows. A bearish move back to this level could trigger a fresh selling trend in the short term. Written by Julian Pineda, CFA – Market Analyst
N
by FOREXcom
AUD/USD Opening Trends and Trading Strategies Next WeekThe AUD/USD has been in a range - bound fluctuation recently. 📈 In the short term, if the price can stay above the support level of 0.63340 and market risk - appetite sentiment rises, the AUD/USD is expected to challenge the target level of 0.64500. 🎯 However, if it breaks below the support level, it may trigger further downward adjustments. 📉 ⚡⚡⚡ AUDUSD ⚡⚡⚡ 🚀 Buy@0.6350 - 0.6380 🚀 TP 0.6400 - 0.6450 Accurate signals are updated every day 📈 If you encounter any problems during trading, these signals can serve as your reliable guide 🧭 Feel free to refer to them! I sincerely hope they'll be of great help to you 🌟
Long
by Sovereign-
1
Visit the Harmonic Museum in the Warren Diamond BuildingThe Diamond Glass Building, home to the Warren Buffett Harmonic Museum, is truly a sight to behold! As you enter, you'll find a fascinating display of creatures. On the left, there's a charming exhibit featuring a crab vendor that catches the eye. In the center of the hall, you can marvel at the wild bat, a remarkable fossil that tells a story of the past. To the right, however, is where things get exciting—a live bloodthirsty shark! While the crab and bat have been fossilized, the shark is very alive, so be sure to keep your distance and enjoy the view and trade safely.
N
by SEYED98
1
USD/JPY 4H Chart - Buy Entry AnalysisTrend & Momentum: RSI (14, close) currently shows a range between -7.25 to 35.47, indicating potential oversold conditions (RSI below 30-35 often signals a reversal opportunity). The Average YoY data suggests moderate volatility, with Q2 at 0.558 and H1 at 0.555, hinting at a stable uptrend bias. Price Action: Support Levels: L1 at 0.499 and C1 at 0.498 act as strong support zones. A bounce from these levels could confirm a buy signal. Resistance Break: A0 at 0.8 (despite a slight dip of -0.025) is a key level to watch. A breakout above this with volume could reinforce bullish momentum. Entry Strategy: Ideal Buy Zone: Near 0.498-0.499 (L1/C1) with RSI recovering from oversold territory. Confirmation: Wait for a 4H candle close above 0.555 (H1) or a bullish reversal pattern (e.g., hammer, engulfing). Risk Management: Stop Loss: Below 0.498 (C1) to limit downside risk. Targets: Initial TP at 0.555 (H1), extended TP at 0.8 (A0) if momentum sustains. Conclusion: USD/JPY shows a potential buy opportunity on the 4H chart, supported by oversold RSI and key support levels. Enter near 0.498-0.499 with strict risk controls, targeting a rally toward 0.555-0.8.
Long
by The_Trading_G3ek
Bullish rise?The Aussie (AUD/USD0 has bounced off the pivot which is an overlap support and could rise to the 1st resistance that lines up with the 127.2% Fibonacci extension. Pivot: 0.6361 1st Support: 0.6290 1st Resistance: 0.6536 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.
Long
by ICmarkets
Bullish bounce?The Swissie (USD/CHF) has bounced off the pivot and could rise to the 1st resistance. Pivot: 0.8211 1st Support: 0.8114 1st Resistance: 0.8372 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.
Long
by ICmarkets
WTI Oil H4 | Bearish reversal off an overlap resistance?WTI oil (USOIL) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 62.04 which is an overlap resistance. Stop loss is at 64.95 which is a level that sits above a multi-swing-high resistance. Take profit is at 59.18 which is a swing-low support that aligns close to a 61.8% Fibonacci retracement. 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.
TShort
by Tradu
#ONDO/USDT#ONDO 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 experiencing a rebound from the lower boundary of the descending channel, which is support at 0.9200. We are experiencing a downtrend on the RSI indicator, which is about to break and retest, supporting the upward trend. We are looking for stability above the 100 moving average. Entry price: 0.9700 First target: 1.013 Second target: 1.048 Third target: 1.093
Long
by CryptoAnalystSignal