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Harmonic Patterns

XAU/USD – Bearish Pullback Targets 3,630 and 3,525Current Price: 3,724 USD (approx) Trend Context: After a strong rally from early September, price is now consolidating and showing signs of a short-term pullback. Key Levels from the Chart Stop Loss Zone: 3,767 – 3,775 Entry Zone (short bias): 3,750 – 3,762 First Support / Mid Target: 3,741 Primary Target 1: 3,630 – 3,623 Target 2 / Major Support: 3,525 – 3,524 Price Action & Structure The market recently failed to hold above the 3,762–3,775 resistance band and is sliding back into prior demand zones. A break and close below 3,741 would strengthen the bearish momentum. The next significant support sits around 3,630, a prior consolidation shelf. If that fails, the deeper target near 3,525 (the second EA Target Point) becomes plausible. Momentum & Risk View Short-term momentum indicators (from the candle structure) show lower highs and heavier selling wicks—typical of distribution after a strong uptrend. Risk management is clear: shorts above 3,767 are invalidated. Trading Outlook Bearish bias while below 3,762. Conservative plan: Wait for a confirmed 3-hour close under 3,741 before considering downside continuation toward 3,630 and possibly 3,525. If price reclaims and holds above 3,762, the bearish setup is negated and buyers could attempt another push to new highs.
OANDA:XAUUSDShort
by Shakeeb333
Warning - Bitcoin bullish trend is over Over the past 15 years, the cryptocurrency market has repeatedly witnessed exponential price surges in Bitcoin followed by altcoins—movements that sparked excitement and drew massive amounts of liquidity into the space. However, the cycle that began in 2024 and will end in about 20 days has failed to meet the expectations of market participants. This time, altcoins were no longer able to attract capital as they once did, and more than 70% of enthusiasts have permanently turned away from the space. A significant part of this downturn stems from the actions and policies of major exchanges such as Binance, FTX, and others. Altcoins have not only failed to gain value compared to Bitcoin’s 2023 prices but have also suffered sharp declines, with their downward trend still ongoing. Even Ethereum was unable to surpass its historic peak from 2021. The market is now entering a dangerous slope for Bitcoin price depreciation, where predictions suggest that altcoins like **Dogecoin** could fall to $0.05, **Ethereum** to $1,100, **Solana** to $80, and **Toncoin** to $0.60. This can be regarded as the worst experience in crypto history—not only for investors who will lose substantial portions of their capital but also for exchanges themselves, which, despite short‑term gains, will ultimately rank among the long‑term losers. Following this, the rate of new user acquisition in crypto will likely drop to one‑tenth of previous years, leaving the industry widely viewed as a **major scam** in the eyes of the public.
Short
by ehsan_chegeni
1
Sonic Token Tests Yearly Lows With Potential for Failed AuctionSonic Token is pressing into yearly lows within a broader trading range. A potential failed auction could spark a reversal back toward the highs if sellers fail to drive further downside. Sonic Token has reached a critical juncture at its yearly lows. Price action is testing the boundaries of its long-term range, where a failed auction pattern could form. This setup arises when sellers push price lower but cannot sustain momentum, leading to a reclaim and reversal toward the upside. Key Technical Points: - Yearly Low Support: Defining level in the larger timeframe range. - Failed Auction Potential: Reclaim could signal reversal back into the range. - Unconfirmed Setup: Reversal depends on confirmation of failed auction dynamics. Failed auctions represent exhaustion of selling pressure and often mark turning points in broader market structures. For Sonic Token, the current yearly low is the prime candidate for such a move. If sellers are unable to sustain the breakdown, price may reclaim the range and rotate higher. Such a setup would trap shorts while attracting new buyers, creating conditions for an expansion back toward resistance levels. At this stage, however, confirmation is lacking. Traders will need to watch for strong bullish signals such as engulfing candles, volume spikes, or reclaim of structural levels to validate the reversal. Until then, downside risk remains. What to Expect in the Coming Price Action: If Sonic Token confirms a failed auction at yearly lows, it opens the probability of a sharp rotation back toward range highs. Without confirmation, downside pressure could extend further.
Long
by The_Alchemist_Trader_
DXY Is it finally time for the Dollar to shine?The U.S. Dollar index (DXY) has been trading within a Channel Up since the March 2008 bottom during the U.S. Housing Crisis. This pattern has been showing incredible symmetry, having clear correction phases (red Channels) followed by bullish phases, where the price rallied to the 1.618 Fibonacci extension. Right now the price has almost hit the bottom of this multi-year Channel Up, while at the same time making a new (2nd) bottom for the 2nd Bearish Leg of the (red) correction phase. With the 1M RSI having already touched its 16-year Support Zone, which has provided the most optimal Buy Signals throughout this pattern, we expect the Dollar Index to start rising aggressively in the long-term, targeting at lest 120.000 on its way to the 1.618 Fib ext. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
TVC:DXYLong
by TradingShot
HYPERLIQUID This is its last chance to rebound.Hyperliquid (HYPEUSD) has been trading within a 4-month Channel Up and today made contact with its 1W MA20 for the first time since May 06. With the 1D MA100 (green trend-line) broken also yesterday, this is the token's last chance to find Support as it sits at the bottom of the pattern. If it holds and doesn't close a 1W candle below the 1W MA20, this would technically be the new Higher Low that initiated the next Bullish Leg. All previous sequences reached at least the 1.236 Fibonacci extension, which is at 64.500. If the candle fails on the 1W MA20 however, we expect more aggressive selling towards Support 1 where contact can be possibly made with the 1D MA200 (orange trend-line). In that case, our Target will be 36.000. It is also worth mentioning that the 1D RSI is just above its 6-month Support Zone, enhancing the probabilities for a rebound. ------------------------------------------------------------------------------- ** 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:HYPEHUSD
by TradingShot
Avantis Consolidation Signals Looming BreakoutAvantis is consolidating within a bullish uptrend, forming a technical equilibrium that typically precedes major expansion. With price rejecting from the 0.618 Fibonacci extension, traders are closely watching for a breakout this week. Avantis has been in a steady bullish trend, but the recent market action shows the asset pausing in consolidation. This pause comes at a technically significant juncture where support and resistance are converging, creating equilibrium. Historically, such setups have been followed by breakout-driven expansions, making this week’s price action a critical inflection point for the asset. Key Technical Points: - 0.618 Fibonacci Extension Rejection: Recent rejection signals a temporary top. - Equilibrium Formation: Price compressing between support and resistance. - Breakout Probability: Structure favors an imminent expansion move this week. Price action on Avantis is displaying a textbook example of equilibrium. This occurs when price compresses between opposing support and resistance forces, often leading to a sharp directional move once either side is breached. The fact that the current rejection comes directly at the 0.618 Fibonacci extension adds to the technical weight of this setup. The consolidation has now extended for several days, which further builds pressure. The longer an equilibrium holds, the more energy is stored for the eventual breakout. This principle was evident in prior Avantis moves where price compressed for multiple sessions before launching into a strong expansion rally, catching many market participants off guard. The structure is particularly compelling because of the context of the broader trend. Avantis remains in a bullish trajectory with higher highs and higher lows intact. Therefore, while a downside breakout is possible, the technical bias leans toward a bullish resolution, especially with Fibonacci extensions aligning as logical targets above. Liquidity conditions also favor a breakout scenario. As traders position on both sides of the consolidation, stop orders build around the edges of the range. Once triggered, these orders can fuel rapid expansion, adding to the volatility of the breakout move. For those watching closely, the direction of the breakout will provide high-probability trade opportunities in line with Avantis’ broader bullish bias. What to Expect in the Coming Price Action: Avantis is approaching the final stages of its consolidation, and a breakout appears likely within the week. If bullish, price could rally toward the next Fibonacci extension target, continuing its broader uptrend. A downside break, however, would signal temporary weakness before buyers reassess support levels.
BYBIT:AVNTUSDT.P
by The_Alchemist_Trader_
Ethereum Bounces From $4,161 Zone as Bulls Eye ReversalEthereum is holding firm at $4,161, a level reinforced by the 0.618 Fibonacci retracement and VWAP SR. Traders are watching for a bottoming structure to confirm a potential reversal. Ethereum’s correction has carried price into one of its most technically significant zones. The $4,161 level is not only structurally important but also aligns with multiple technical tools, including the 0.618 Fibonacci retracement and VWAP SR. This confluence makes the current area a strong candidate for reversal, though confirmation of a bottoming structure is still required on the lower timeframes. Key Technical Points: - $4,161 Support Zone: Anchored by Fibonacci and VWAP SR. - Bottoming Structure Needed: Short-term reversal hinges on confirmation. - Macro Trend Intact: ETH remains within long-term bullish trajectory. Main Analysis: Ethereum’s ability to respect confluence zones has been a hallmark of its market structure in recent months. The current bounce at $4,161 is another example, aligning with both the 0.618 Fibonacci retracement and the VWAP SR. These tools highlight the strength of this level, making it a technical battleground between bulls and bears. While the bounce is encouraging, traders must wait for confirmation of a bottoming structure. Without a clear reversal signal — such as a double bottom, higher low, or bullish divergence — the risk of another leg down remains. However, given Ethereum’s placement in a macro bullish uptrend, the probability of this zone holding is strong. Momentum indicators are also beginning to stabilize after recent corrective pressure. This suggests selling exhaustion, which often precedes accumulation phases before the next impulse. If bulls can sustain demand here, Ethereum could rotate back into resistance levels, continuing its larger uptrend. Market structure context further supports the bullish case. ETH has consistently established higher lows, and another hold here would reinforce that pattern. Historical reactions from confluence zones like this have led to meaningful rallies, adding conviction to the current setup. What to Expect in the Coming Price Action: Ethereum is likely to confirm a reversal if a bottoming structure forms at $4,161. A bounce from this confluence could drive price back into resistance zones, while failure would open the door for deeper testing. Overall, the macro bullish structure remains intact.
Long
by The_Alchemist_Trader_
S&P500: Flash dump continues, short bias remains! 📝 1. Market Context BLUEBERRY:SP500 Yesterday’s analysis highlighted the weakness after the market failed at resistance. Today, that scenario was confirmed with a flash dump and a sequence of strong red candles, signaling sellers remain firmly in control. The short-term structure continues to print lower highs and lower lows, which clearly reflects the dominance of the bearish trend. 🟥 2. Resistance Zone The 6,651 – 6,658 area (red zone on the chart) continues to act as a critical resistance. This zone is reinforced by 4 levels of resistance combined with moving averages (MA). Moreover, the latest bounce is still contained within a large red candle, signaling that buyers lack the strength to shift momentum. Each time price tested this zone, it faced strong rejection. As long as the market trades below this red zone, the dominant trend remains bearish. 📉 3. Bearish Trend & Downside Targets Currently, the market has confirmed the bearish trend by consistently forming lower highs. This is already the third bearish leg since the downtrend began – and according to wave logic, the third leg often turns out to be the strongest one, provided resistance at 6,658 holds. • Immediate target: 6,629 – 6,615 (a key support cluster that previously rejected price). • If broken: selling pressure could push the market further down toward 6,578 and even 6,560 – both strong technical and psychological support levels. ✅ 4. Conclusion The S&P500 has confirmed its bearish trend with a flash dump. The 6,651 – 6,658 area remains the critical resistance, and as long as price stays below this zone, sellers have the upper hand. The bearish scenario remains valid with the first target at 6,629 – 6,615, and if this support fails, the move could extend toward 6,578 – 6,560. Please like and comment below to support our traders. Your reactions will motivate us to do more analysis in the future 🙏✨
BLUEBERRY:SP500Short
by ZuperView
SOLUSDT: Strong Uptrend with Solid SupportSOLUSDT is currently showing a strong upward trend thanks to the stability of the cryptocurrency market and a positive risk sentiment from investors. The Solana (SOL) token is receiving significant support from fundamental factors, such as a stable commodities market and the pressure on the US dollar due to the Federal Reserve's interest rate cuts. From a technical perspective, SOLUSDT is testing the important support level at $199.00. If this level holds, the likelihood of a rebound and continuation of the uptrend is very high. The next resistance level is expected to be at $218.00, and if this level is breached, the price could continue towards $230.00. The upward trend line remains intact, providing positive signals for the next move. Based on both fundamental and technical factors, SOLUSDT is likely to maintain its upward momentum if the support at $199.00 holds.
Long
by ShadowReaper_
3
BTC H&S COULD FAIL. THINK ABOUT STOP "SELL" $110.3K ORDERMorning folks, We're keep watching over big reverse H&S pattern here. Last time we warned about USD liquidity issues, this is actually why BTC collapsed down to 111K support. And idea was to not buy just at the level, but watch for confirmation in a way of some bullish patterns. Now I do not see any. Widening triangle makes me think that downside action could have even more chances than reversal. That's why, we think about using of Stop "Sell" entry order around 110.3-110.5K area for position taking if downside breakout will happen. This is comfortable, because if still upside action starts - this order remains unfilled. As we do not see yet any signs of reversal, we do not consider long entry. Let's see, maybe something will change on Monday. But today I keep "bearish" mark for this idea.
COINBASE:BTCUSDShort
by Sive-Morten
Stop Hunts & Fakeouts – The Art of Execution🧠 The Art of Execution – Trading Between Illusion and Precision You see the zone. Crystal clear. Your analysis screams: “Long!” or “Short!” The market comes – you’re ready. Entry set. SL perfect. RR fits. And then? Boom. Wick. Stop hit. Price moves your way – without you. 👉 Welcome to real trading. The Hunt for Liquidity The market doesn’t care about fairness – it seeks liquidity. Your perfect entry is exactly where everyone else places it. That’s why bots, algos, and smart money know where to strike. Common traps: Breakout → Fakeout Pullback → No confirmation Pattern → Hope → Liquidity taken Structure vs. Illusion The market rewards structure, not ego. It doesn’t care about your feelings or your hopes. The first spike isn’t the move – it’s just preparation. Example: You short after a breakout. Price spikes 15 pips higher, takes your SL – and then drops 80 pips in your original direction. 👉 Classic liquidity grab. Three Types of Traders 🎯 The Sniper – few shots, precise, structured. 🤞 The Hope Trader – strong analysis, poor execution. 💥 The Kamikaze – no plan, all-in, three trades later: margin call. Mindset is the Key Most traders don’t fail because they don’t know what to do – they fail because they can’t execute what they already know. FOMO, fear of being wrong, and chasing perfection destroy more accounts than bad analysis ever will. Food for Thought Every trader has faced the wick, the fakeout, the stop-hunt. The real question is: 👉 Do you adapt – or do you repeat the same mistake again and again?
Education
by WERKTrader
Gold continues to fall.As shown in the chart gold will continue to fall. The first target is to look at 3700 first. I believe that many of my friends who followed me have made money during this gold rally. However, some new friends may have had their orders trapped or their accounts wiped out due to a single surge! This market is like this: it can bring both wealth and disaster! So, don't lose heart if you've lost your account. I can assure you that everyone who enters this market has experienced this, and I haven't either! Life requires some failures to become better. This gold trend K-line is like every rise, which will experience a bottoming out.
ICMARKETS:XAUUSDShort
by MarshEllis
I am pessimistic about gold.After raising the ATH indicator value to around 3800, the gold price began to experience a correction, dropping as low as 3717 USD. The decline from the high point is of an adjustment nature rather than a sudden drop, which enables the overall bullish structure to remain unchanged. The key question at present is: Has the gold price correction ended, or will we experience another decline before the market resumes its upward trend? Why I am inclined to believe in the continuation of the bullish trend: • The 3700 point area is regarded as a strong support area, and it is expected that buyers will hold on to it. • The momentum indicator shows that the bearish pressure has weakened, which is consistent with the adjustment trend. • The broader trend still shows a strong bullish trend and there is no downward structural break. If the 3700 point can be maintained, then if a reversal occurs from the current price level, it is likely to reach the 3800 point area again and possibly set a new higher high. Trading plan: The target at 3700 is for a buy. The current market is unclear, and I don't want everyone to blindly follow the trend. Let's keep the retail investors clear-headed. I believe that many of my friends who have been following me have made money in this gold rally. However, some new friends may have their orders blocked or their accounts emptied due to a significant fluctuation! This market is like this: it can bring wealth, but it can also bring disasters! So, if your account is emptied, don't lose heart. I can assure you that everyone who entered this market has experienced this situation, and I haven't! Life needs some failures to become better. The candlestick of this gold trend is like every upward trend, it will go through a bottom formation process
ICMARKETS:XAUUSDShort
by MarshEllis