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Harmonic Patterns

Bullish bounce of pullback support?WTI Oil (XTI/USD) has bounced off the pivot which has been identified as a pullback support support and could potentially rise to the pullback resistance. Pivot: 57.60 1st Support: 56.26 1st Resistance: 59.82 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.
ICMARKETS:XTIUSDLong
by ICmarkets
1
Bullish bounce?The Swissie (USD/CHF is reacting off the pivot and could potentially rise to the 1st resistance that aligns with the 38.2% Fibonacci retracement. Pivot: 0.8213 1st Support: 0.8116 1st Resistance: 0.8357 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
1
GOLD FOMC Interest Rate Decision (May 7, 2025) The Federal Reserve held rates steady at 4.25%–4.50%, maintaining its stance since December 2024. The decision reflects heightened uncertainty from escalating U.S.-China trade tensions and mixed economic signals, including stagflation risks (rising unemployment and inflation). Chair Jerome Powell emphasized vigilance toward trade policy impacts but avoided signaling imminent rate cuts, despite market expectations for easing later in 2025. Geopolitical Conflicts Affecting Gold Prices U.S.-China Trade War Escalation New tariffs and retaliatory measures have intensified safe-haven demand for gold. Prices hit record highs in April 2025 (NT$3,518/gram in Taiwan) as investors sought protection from market volatility. Renewed trade talks (e.g., U.S.-China meetings in Switzerland) caused a brief 1.3% gold price dip on optimism, but analysts project prices to rebound to $3,500–$4,000/oz by late 2025 amid unresolved tensions. Central Bank Gold Accumulation Central banks, led by China and Russia, are aggressively stockpiling gold to diversify from USD assets and hedge against sanctions. Prolonged military tensions continue to drive gold’s role as a crisis hedge. Escalation could push prices higher, while de-escalation might temporarily reduce demand. Middle East Instability Conflicts between Iran and Saudi Arabia disrupt global supply chains and energy markets, amplifying gold’s appeal as a safe haven during periods of heightened risk. Dollar Weakness and Inflation Risks A declining U.S. Dollar Index (-0.3% on May 7) and tariff-driven inflation fears have bolstered gold’s attractiveness. The Fed’s cautious stance on rate cuts reinforces gold’s appeal in a negative real yield environment. Gold Price Outlook Short-term: Prices may face volatility from trade talk progress or Fed policy shifts but remain supported by geopolitical risks and central bank buying. Long-term: Analysts (e.g., UBS, Bank of America) forecast gold reaching $3,500–$4,000/oz in 2025 due to structural demand, tariff impacts, and unresolved global conflicts. In summary, gold’s trajectory hinges on geopolitical stability, central bank actions, and Fed policy, with bullish momentum likely to persist amid fragmented global trade and economic uncertainty.
VANTAGE:XAUUSDLong
by Shavyfxhub
Fartcoin 24hr potterboxI have drawn a potterbox for the fartcoin 24hr time frame, and you can see it is bouncing off the floor and hopefully going back up. using the laws of three and the powers of three. this has made this same pattern before.as i have circled the 3 places and if you count the three candles it will tell you whats about to happen. Good luck and have a great day. I am not really sure if you can use the potterbox strategy on these coins but it gives you a idea of support and resistence😁
Long
by potrod
USDCHF H4 I Bearish DropBased on the H4 chart, the price is approaching our sell entry level at 144.30, a pullback resistance that aligns close to the 50% Fibo retracement. Our take profit is set at 142.61, an overlap support. The stop loss is set at 145.49, a pullback resistance. 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.
Short
by Tradu
EURUSD H4 I Bearish Reversal Based on the H4 chart, the price is approaching our sell entry level at 1.1339, a pullback resistance. Our take profit is set at 1.1142, a pullback support that aligns close to the 61.8% Fibo retracement. The stop loss is set at 1.1475, a pullback resistance. 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.
Short
by Tradu
Gold breaks through 3400, the upward trend will continue The Federal Reserve's interest rate decision will keep the interest rate unchanged, which is in line with the psychological expectations of most people in the market. The current price of gold still continues to fluctuate at high levels, but in terms of the general direction, gold bulls have actually not changed, and bulls are still in a strong phase. If gold breaks through 3400 strongly in the short term, then you can go long gold on dips above 3400. If gold rebounds, focus on the pressure near 3430.
TVC:GOLDLong
by Fortune-signal
Apple 24hr potterboxI know apple is going to make all of that up and be a number one stock again. why wouldnt it be. The stock market goes up just not in a straight line. I use dollar cost method which you by every month or week with the same amount every month and just keep buying. It has worked very well for me , instead watchin this screen everyday I have set my acconts to buy every month . I do not use discord because of two many grown men acting like children. Its all fun and games until you miss a trade because someone wants to be funny. Happy trading.
NLong
by potrod
IBIT 24hr potterbox. I drew this box to include the low that went to $43.17 It went to that and turned things around. someone said it wouldnt go any lower than $47.00 well it went that low and lower. This box shows that ibit is above the 50 percent line . Its above the 200 day moving average. which some people consider this a buying zone. personally i bought when everthing was down because i knew this market would come back like it has. Make your own decisions about this, but I grab as much as i can because this market isnt going anywhere. I am in my 50s and the market is still here. Buy quality stocks such as Apple ,Amazon and tesla and so on. you have to ask your self why is this market down , the companys are stll growing, such as apple. well happy trading.
NLong
by potrod