Thoughts on EURUSDGood morning everybody!
Exactly as predicted, the AB=CD pattern completed. That was only the retracement and I would not expect the market to go up. The only way that the market can go up is if it bounces and consolidates again around the price but still, I wouldn't call to go bullish since the trend broke. Now it's looking to following a bearish trend. In 1 Minute, candlesticks there was a Head and shoulders that was already completed further confirming that the market wants to go bearish.
After that, since there is no clear pattern to operate the way I like it, the only safe way to go bearish is to wait for the market to break the support, hit the support becoming it now as a resistance, candlestick pattern confirmation to enter and go bearish.
Happy start of the week!
Harmonicforex
Thoughts on EURUSDGood afternoon,
The market for EURUSD is looking at a retracement for going bearish in 4H and it was confirmed after a diamond pattern that hasn't reached yet the TP at 1.16631 approximately. The diamond pattern means change in the trend when in 30M has been somewhat bullish and consolidated until the appearance of the pattern. However, a ABCD pattern showed and bounced exactly as predicted at a fibonacci retracement and extension of 0.5:2.0 which is peculiar pair. This gives an opportunity for a bullish position until price 1.1744. The entrance will at 1.16631 (not reached yet) and waiting for candle confirmation.
Link:
Thoughts on CADJPYGood afternoon, everybody,
The thoughts I have about the market in CADJPY is still bullish but there is a potential reversal zone between 117.963 and 118.20 for a bearish position. From previous days and in for 4H charts the market has been in bullish trend and based on geometric patterns, it is expectable to finish the impulse up to 117.300 approximately. This doesn't mean it should start go bearish, but it's the completion of the rectangle pattern after giving an entry point and the same amount of pips.
Being said this, a bearish possibility is at PRZ 117.963 and 118.20 for bearish position (not yet happening, we are still pips away). The pattern shown is a shark pattern for its double entry at 1.28 fibonacci approximation. We will just have to wait and wait for candle confirmation in the PRZ.
As for now, a bullish position entry could happen after bouncing at 116.800 price but we will need a pulse, retracement, bounce and candle confirmation at that price and SL can be 116.500 with TP at 117.300. It is all waiting until the market tell us what to do based on the candle confirmation.
Chart snap link:
GBPNZD DroppingExamining this weekly GBPNZD chart, the pair has been grinding higher in a multi-year uptrend from the 2024 lows around 2.00153, but recent months show a sharp rejection from the brown resistance at 2.37461 after a volatile climb, forming a potential topping pattern with that yellow downtrend line connecting highs and the black arrow highlighting the latest bearish impulse down to test the purple support near 2.25530, where price closed at 2.2553 down 0.10 percent weekly amid seller pressure, yet holding above the green key level of 2.19957 with RSI showing oversold conditions hinting at a possible rebound. Fundamentals from Forex Factory for today February 22 2026 feature upcoming NZD retail sales q/q at 11:45pm forecasted at 0.6 percent versus previous 1.9 percent and core retail sales at 0.4 percent from 1.2 percent, which could weaken the Kiwi if misses occur on this Sunday release, while recent data like NZD employment change beating at 0.5 percent and GBP final manufacturing PMI at 51.8 above expectations bolster the Pound relatively, coupled with strong US ISM manufacturing PMI at 52.6 fueling dollar crosses but pressuring antipodeans; with the Bank of England steady at 3.75 percent signaling gradual easing and RBNZ dovish undertones, Im targeting a short entry here below 2.2553 aiming for 2.21992 if retail data disappoints, setting stop above 2.26830 for a high-probability profitable forex setup in this descending channel.
GBP/USD Is Approaching a Key Zone—Don’t Miss This Setup!What are your thoughts on GBP/USD?
Price recently reacted strongly from the upper resistance zone, showing clear loss of momentum after the latest bullish push. The pair is now pulling back, and as long as price remains below this resistance, a short-term bearish correction is the more likely scenario.
If the pullback extends toward the 1.3180–1.3150 demand zone, we could see a potential bullish reversal from that area. However, if price continues to reject the resistance zone, the bearish corrective scenario remains valid toward the marked target below.
Setup
Sell Area: 1.3330 – 1.3350
Target Zone: 1.3180 – 1.3150
Reason:
- Strong rejection at resistance
- Clear loss of momentum
- Clean liquidity below to collect
This matches the grey corrective path shown in the chart.
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$103,000 Support is Your Next Long Entry!The chart shows a Bearish Harmonic Pattern (D point completed near $107,000), indicating the recent bullish momentum needs a rest.
We anticipate a short-term pullback following the completion of this pattern.
The target for this drop is the key support area (green box) around $103,000 - $103,500.
OBV also shows Bearish Divergence (price up, indicator down), which strongly supports the idea of a temporary pullback.
Wait for the price to hit the $103,000 support zone.
Look to enter a LONG trade from the $103,000 - $103,500 area for the next major leg up. This is the main opportunity!
Good Luck!
AUDJPY BULLISH OR BEARISH DETAILED ANALYSISAUDJPY has successfully broken out of a long-term descending channel and is currently trading around 94.50. The breakout is clean and supported by solid bullish volume, which confirms that momentum is shifting in favor of the bulls. This setup indicates a clear trend reversal on the daily timeframe, and with the pair establishing higher lows and breaking resistance, the path toward 100.00 looks technically achievable in the coming weeks.
From a fundamental standpoint, the Australian dollar is gaining strength after the Reserve Bank of Australia (RBA) maintained a firm stance on inflation management. The latest CPI figures remain above the RBA’s comfort zone, and recent wage growth data has further reduced the probability of near-term rate cuts. Meanwhile, the Japanese yen continues to lag due to the Bank of Japan's ultra-loose monetary stance and consistent verbal intervention that lacks follow-through, keeping JPY broadly weaker across the board.
Technically, we’ve seen strong follow-through after the breakout, with price now holding firmly above prior resistance turned support. If this momentum sustains, we could see buyers step in aggressively, targeting 96.50 short-term and extending toward the key psychological level of 100.00 in the medium term. The risk-reward remains attractive with a clearly defined invalidation point below 91.00.
Overall, AUDJPY stands out as one of the most bullish JPY crosses on my radar. With a clean breakout, supportive fundamentals from the Australian side, and persistent weakness in the yen, this trade aligns with broader macro sentiment and could offer strong upside potential heading into the next quarter.
USD/CHF: Bearish Continuation Towards Key SupportUSD/CHF has maintained a strong bearish trend, forming a series of lower highs and lower lows. The chart highlights a **Deep Crab** harmonic pattern, which previously triggered a corrective move before resuming its overall downtrend.
Currently, price action is trading near **0.8767**, approaching a key support zone at **0.8722** (HOP level). The recent rejection from the **H4 supply zone** around **0.8920** further confirms bearish momentum, suggesting sellers remain in control.
**Key Considerations:**
- A breakdown below **0.8722** could accelerate further downside, extending losses towards lower psychological levels.
- A potential pullback may occur if buyers step in at support, but the overall bearish structure remains intact unless a significant reversal signal appears.
**Conclusion:** USD/CHF remains under bearish pressure, with a high probability of further declines. Traders should monitor price action at support for potential continuation or reversal signals before committing to new positions.
EUR/JPY Market Analysis: Potential Reversal at Key Resistance LeThe EUR/JPY pair, on the 4-hour chart, exhibits a strong bullish impulse that recently peaked around 163.64 , aligning with a key Fibonacci extension level (1.618). This area marks a critical resistance zone, where price action has shown signs of rejection.
The Harmonic pattern, such as the b]Crab , suggest potential exhaustion of the uptrend. The latest leg upward reached a 2.618 extension , reinforcing the possibility of a corrective move. Support levels to monitor include ** 162.23 ** (BC) and ** 160.59 ** (T1), which could serve as downside targets if bearish momentum gains traction.
For traders, a decisive break above **163.64** could invalidate the short-term bearish bias, paving the way for further upside. Conversely, sustained rejection from this level may trigger a deeper retracement towards key Fibonacci and harmonic support zones.
Conclusion : The pair is at a critical inflection point, where price action and confirmation of rejection signals will determine the next directional move. Traders should watch for price action at resistance and key support levels to assess trade opportunities.
BNXUSDT Breakout Imminent: High Volume Signals Potential 50-60%BNXUSDT is currently forming a strong breakout pattern, showing signs of bullish momentum. The trading volume is increasing, indicating that investors are actively participating in this move. With a solid structure and a breakout looking imminent, BNXUSDT could be set for a significant rally. Traders are closely watching this level, anticipating a strong price surge once the resistance is broken.
Technical analysis suggests that the price is consolidating just below a key breakout point. A successful breakout could trigger a sharp upward movement, with potential gains ranging from 50% to 60%+. The combination of strong volume and market interest further supports this bullish scenario. As the buying pressure builds up, BNXUSDT could soon enter a high-momentum phase, attracting more investors looking for profitable opportunities.
With the crypto market showing increased volatility and potential, BNXUSDT remains a promising asset to watch. Traders and investors are advised to keep an eye on this pair as it moves closer to its breakout zone. A confirmed breakout with sustained volume could validate the anticipated bullish run, offering traders a lucrative upside potential.
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GBP/USD 15-Minute Chart: Bearish Reversal at Harmonic CompletionThe chart showcases a well-defined harmonic pattern, the Shark, with the price reaching the terminal zone at 1.2670 , marked by a red downward triangle. This suggests a potential reversal zone where selling pressure may emerge.
Key observations:
The price has reacted strongly at the completion point, aligning with Fibonacci extensions.
Overbought conditions are evident in the RSI and other momentum indicators, indicating potential exhaustion of the bullish trend.
Target levels:
T1: 1.26241
T2: 1.25741
Suggests a possible downside move if the reversal confirms.
Traders should watch for bearish confirmation before entering short positions, while bulls may seek a break above 1.2670 for further upside.
GBP/JPY SELL IDEA (R:R=4.8)I just placed a sell order for GBP/JPY at 191.700. We have a wonderful X BAT that just formed on the 1 HOUR chart.
Please trade with proper risk management, since we have news announcements coming out at 8:15 AM EST today.
ADP Non-Farm Employment Change
Stop Loss: 192.368 (Daily High)
Take Profit: 188.450
Happy Trading!
GBP/USD Approaching Key Reversal ZoneThe GBP/USD pair has reached a critical resistance area around 1.2658, aligning with the 1.13 Fibonacci extension level of the harmonic Gartley pattern. The price action suggests potential exhaustion in the bullish trend, with signs of rejection near this level.
A confirmed reversal could lead to a corrective move towards key support zones at 1.2456 and 1.2320. However, if the pair sustains above 1.2685, further upside towards 1.2732 and the HOP level at 1.2843 remains possible.
GBP/USD at Key Resistance: Potential Reversal or Continuation?The GBP/USD 15-minute chart indicates a strong uptrend, with price action forming a **Crab harmonic pattern**, suggesting a potential overextension. The pair has reached a key resistance zone at **1.26323**, aligning with significant Fibonacci levels, with the **Harmonic Optimal Point (HOP) at 1.26469** acting as a potential reversal area.
If a pullback occurs, the first downside targets are 1.26127 and 1.25993 , while the ** 200 EMA ** below may provide further support. A sustained break above 1.26469 could signal continued bullish momentum. Traders should monitor price action for confirmation before positioning accordingly.
GBP/USD Market Analysis – Bearish Reversal from Harmonic PatternThe GBP/USD pair has completed a Crab harmonic pattern , with price reaching the 1.618 extension level and reacting strongly at resistance near 1.2617. The rejection suggests a potential bearish reversal.
Initial downside targets (T1 and T2) are at 1.2515 and 1.2445. If price sustains below 1.2593 (AB=CD level), further downside is likely. However, a breakout above the high could invalidate the bearish setup. Traders should watch for confirmation signals before taking positions.
GBP/JPY SELL IDEA (R:R=5.9)Placed a sell order for G/J at 190.695. We have a beautiful X CRAB that just formed on the 30 minute chart.
Trade with proper risk management please since we have news announcements coming out at 4:30 AM EST today.
GBP-Flash Manufacturing PMI
GBP-Flash Services PMI
Stop Loss: 191.285
Take Profit: 187.200
Happy Trading!
SUSDT Key Resistance Broken – Bullish Momentum SUSDT has recently broken through a key resistance level, signaling a shift in market sentiment and the potential for a strong upward movement. Breaking past major resistance is a crucial technical event that often leads to a new phase of price action, and for sUSDT, this breakout has been accompanied by good volume, confirming the strength of the move. With strong investor interest and an expected gain of 25% to 30%+, traders are now watching closely to see how the price behaves as it continues to test new highs. The breakout above resistance sets the stage for further bullish movement, potentially attracting more buyers into the market.
The breakout from the main resistance level is a key indicator that the sellers' control has been broken, and buyers are now in charge. As the price holds above this key level, it’s likely that more traders will enter, pushing the price higher. The good volume supporting the breakout further validates that this move has solid momentum, and the chances of a sustained rally are increasing. If sUSDT continues its upward trajectory, it could reach the projected gain range of 25% to 30%+, with new resistance levels providing the next potential targets.
Investors are taking increasing interest in sUSDT as the price breaks above important technical levels. This shift in market sentiment is not only supported by the price action but also by the growing participation from investors who see potential for further gains. The volume confirms that this is not a false breakout, and as more traders recognize the bullish setup, the price could continue to rise steadily. With solid technical backing and a growing interest in the project, sUSDT is positioning itself as a strong candidate for higher returns in the near term.
Traders should monitor key support levels to ensure that the breakout holds. If sUSDT can maintain its position above the broken resistance level, it could continue to gain momentum, offering a potential 25% to 30%+ return. As always, staying updated on broader market conditions and volume trends will help confirm the strength of the breakout. Given the current setup, sUSDT presents an exciting opportunity for traders looking to capitalize on a potential upward trend in the near future.






















