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Harmonic Patterns

EURUSD AnalysisThe red zones represent sell areas (resistance zones) where price is expected to face strong selling pressure. The white line marks the stop loss, placed above the resistance to protect the trade in case of a breakout. The targets (TPs) are clearly marked with arrows, showing the expected downward movement and profit-taking levels. Currently, the pair is trading within a strong bearish momentum zone, indicating that sellers are in control and increasing the probability of a downward continuation from the sell zones.
Short
by Alzaerat
1
SellTaking a step back to the 3-Month timeframe to look at the macro structure for EURUSD. We are seeing a very clear technical setup that suggests the pair may face significant selling pressure as it approaches the upper resistance levels. ​Key Technical Observations: ​Supply Zone & QML: Price is approaching a major Supply Zone (1.35804 – 1.39799). This area aligns perfectly with a Quasimodo Level (QML), which is a high-probability reversal structure. ​Historical Context (RBR): Looking back to the 2002 era, the Rally-Base-Rally (RBR) provided the initial institutional momentum. However, the current structure shows a shift in long-term sentiment. ​The Forecast: I am expecting a move into the QML/Supply area, followed by a rejection. If the structure holds, we could see a long-term decline back toward the 1.00890 – 0.96200 demand region over the coming years. ​Trading Plan: ​Bias: Bearish (Short) ​Sell Zone: 1.35800 area. ​Primary Target: 1.00890. ​Long-term Target: 0.96200.
by hashimsani01
Gold (XAUUSD) – 15m Bearish RSI Divergence at 5000 | ABCDGold (XAUUSD) is trading near the 5000 psychological resistance, where a higher timeframe ABCD pattern is completing. On the 15-minute timeframe, price is making higher highs while RSI shows clear bearish divergence, confirmed across multiple timeframes (15m, 30m, 45m & 1H). This divergence indicates momentum exhaustion, increasing the probability of a short-term pullback or rejection from the 5000 zone. 🔴 Sell Zone: 4990 – 5010 🛑 Invalidation: Sustained move above 5035 🎯 Targets: 4945 → 4900 → 4850 📌 Higher timeframe ABCD structure adds strong confluence to this setup. ⚠️ Use proper risk management. This idea is for educational purposes only.
CAPITALCOM:GOLDShort
by romiotariq
GBPJPY | 4H TimeframeMarket overall bullish structure mein hai with clear higher highs and higher lows. Price ne recent resistance zone se rejection show kiya hai, lekin ascending trendline aur demand area abhi bhi intact hai. Key points • Strong bullish trend • Previous consolidation acting as demand • Reaction from premium zone • Possible continuation if structure holds This analysis is for educational purposes only. Always manage your risk and wait for proper confirmation before entering any trade. Agar aap beginner ho aur clean price action seekhna chahte ho to profile follow karein.
Long
by AllBeginner
BHARTIARTL - Trendline and Swing Low to look forCMP: 2000 TF: Daily Will it bounce from or breakdown below the trendline & Swing low? On the waves, the price seem to have completed internal 3rd wave and is due for a pullback Formation of Deep Bearish Crab pattern is seen in Harmonic set up In Pitchfork too, it is breaking the lower end of the channel, need confirmation of close below the same Disclaimer: I am not a SEBI registered Analyst and this is not a trading advise. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views. If you like my analysis and learnt something from it, please give a BOOST. Feel free to express your thoughts and questions in the comments section.
NSE:BHARTIARTL
by Murthy_Santhosh