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Harmonic Patterns

$TAIUSDT - Breakout Confirmed, Momentum Building !CSE:TAI has just broken out of a clean descending trendline after multiple rejections — a sign of renewed bullish momentum. The breakout occurred right above a key support zone (around $0.0725), which held perfectly after a brief shakeout below, triggering a bounce. Trendline Breakout: After forming a descending wedge, TAI broke out with strong volume. Support Retest : Price held above $0.0725, confirming demand in this zone. Targets: TP1: $0.1022 TP2: $0.1378 TP3: $0.1984 Stop-loss placed just below the support zone (~$0.0634) to protect against fakeouts. Summary: TAI is showing signs of reversal from a mid-term downtrend, and this breakout could be the beginning of a new leg upward. If BTC remains steady, alts like TAI can see rapid catch-up rallies. Watch for volume confirmation and sustained price action above $0.085 for momentum to continue. If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments, and feel free to request any specific chart analysis you’d like to see.
Long
by persis10t
SPY RESISTANCE AREASPY is currently approaching the resistance zone between 560–580. The gap zone at ~560 is acting as a key support. If the price holds above this gap, the next target is set at 610. Failure to hold may push the price down toward the strong support zone between 530–540. #SPY #Trading #StockMarket #VolumeProfile #TechnicalAnalysis #Earnings #Investing #WallStreet #globaltrade #investment #investing #stockmarket #wealth #realestate #markets #economy #finance #money #forex #trading #price #business #currency #blockchain #crypto #cryptocurrency #airdrop #btc #ethereum #ico #altcoin #cryptonews #Bitcoin #ipo
ALong
by alexpv73
BTC/USD Price Action Outlook – May 8, 2025📊BTC/USD Price Action Outlook – May 8, 2025 🔹Current Price: $94,594 🔹Timeframe: 1H 📌Key Demand Zones (Support): 🟢$97,322–$97,718 – Fresh breakout demand zone 🟢$95,789–$96,224 – Consolidation base (ideal bullish re-entry zone) 🟢$93,407 – HTF demand (last line of bullish defense) 📈Bullish Scenario: Bitcoin continues its strong rally after breaking above $97.3K zone. If price holds above that range, we may see a push toward the psychological $100K level. Watch for bullish consolidation or flag continuation. 📉Bearish Scenario: If price fails to hold above $97.3K and breaks below $96.2K, expect pullback toward $95K–$93.4K zones. Deeper structure shift only confirmed below $93K. ⚡Trade Setup Tip: ✅Wait for retest of $97,322 zone ✅Entry confirmation on 5M/15M BOS or bullish engulfing ✅Target $99.5K–$100K short term with tight SLs
CLong
by FXFOREVER_87
AUDCHF – Sell Setup Based on Weekly Resistance RejectionMarket Outlook: AUD/CHF has shown a clear rejection from a significant weekly resistance zone, indicating strong selling pressure from higher timeframes. This sets the context for a bearish bias moving forward. Technical Setup: On the 4-hour chart, price has broken below a rising trendline, signalling a potential trend shift. Price has also closed below the 50 EMA, confirming short-term bearish momentum. Trade Plan: I’ll be watching for a pullback to the broken trendline or the 50 EMA zone. If price retests and shows bearish rejection (e.g., bearish engulfing, pin bar, or trendline break in lower time frame), that would be my trigger to enter short. Risk Management: SL will be set above the recent swing high and the resistance zone. Risk-to-reward ratio aimed at 1:1 or better depending on entry. Conclusion: AUDCHF is showing strong signs of bearish reversal. I’ll wait for a clean retest and rejection before entering a sell. Watching price action closely around the pullback zone.
Short
by Amitrading
The exclusive bearish view on gold is in line with expectations!Gold's 1-hour moving average high also began to turn around, and the bulls were hit. If the rebound pressure is 3350, it is short. At present, gold has fallen below yesterday's 3350 rising platform, so it will fall back and pay attention to the vicinity of 3303! There is nothing to hesitate. The rebound of 3350 is an opportunity to increase positions and short, and the target is near 3305! Since the bullish volume of the gold market has been released, the bulls need to be repaired in the short term to rise further. Gold will go short in the afternoon. On the whole, it is recommended to rebound and short as the main operation strategy for gold in the short term, and to go long as the callback. The short-term focus on the upper side is 3350-3360 resistance, and the short-term focus on the lower side is 3300-3305 support.
OANDA:XAUUSDShort
by JoshuaEmmie
GOOGL SUPPORT AND RESISTANCEGOOGL is trading near the $154.50 level after rejecting the $170 resistance zone, where a sell block (2B) is marked. There’s a visible gap acting as near-term support around $150. Below, major buy zones (4B) are aligned at $150–$140, with deeper support at $130, which coincides with the weekly support level. As long as price holds above the $150 gap, buyers may attempt to regain control. A break below $150 could push the stock toward the $140 and $130 supports. #Alphabet #GOOGL #Trading #StockMarket #VolumeProfile #TechnicalAnalysis #Investing #WallStreet #globaltrade #investment #investing #stockmarket #wealth #realestate #markets #economy #finance #money #forex #trading #price #business #currency #blockchain #crypto #cryptocurrency #airdrop #btc #ethereum #ico #altcoin #cryptonews #Bitcoin #ipo
NASDAQ:GOOGLLong
by alexpv73
BITCOIN Monthly RSI Heatmap reveals ultimate Cycle Sell Zone!Bitcoin (BTCUSD) has resumed the long-term bullish trend and as of the writing of this analysis, it is about to test the $100k key psychological level. Now that the Bull Cycle is entering its final stage (most likely for the next 6 months at most), it is time to see potential exit levels as close to the expected Top as possible. There is no better long-term indicator to assist us on this than the 1M RSI, which historically offers a great level to Sell when it enters the 0.786 - 1.0 Fibonacci range of its Channel Down. Currently it is still considerably distanced from that Zone, so the upside potential despite the recent break-out, is huge. The Sine Waves indicate that in symmetrical terms, the Cycle Top should be priced around November 2025 (previous ones on November 2021, December 2017, December 2013). The closer the 1M RSI is to this date when it enters the 0.786 - 1.0 Fib Zone, the better as the higher the price will most likely be. Based on this Cycle's Channel Up (blue), a fair Cycle Top range would be $150k - $200k. Would you agree? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CLong
by TradingShot
9
Bitcoin - Bulls vs 99k or 115k ? The chart you've shared is a daily (1D) Bitcoin (BTC/USD) price chart on the Bitstamp exchange, with the current price at approximately $99,619 as of May 8, 2025. Here's a breakdown of the details: Key Elements: 1. Support and Resistance Zones (Yellow Rectangles): Support Zone: Around $70,000 to $80,000. Mid Resistance Zone: Around $90,000 to $95,000. Major Resistance Zone: Around $105,000 to $115,000. 2. Trend Analysis: BTC has broken above the mid resistance zone (~$95,000), which may now act as support. A bullish trend is indicated with upward momentum continuing. 3. Arrows (Forecast Paths): The first blue arrow shows a continued upward trajectory, likely targeting the major resistance zone around $110,000. The second curved arrow suggests a possible short-term pullback or consolidation after reaching that level. 4. Volume Indicator: The volume appears steady, which could support a gradual price movement rather than a sharp spike or drop. Summary: This chart indicates a bullish breakout from consolidation with a potential move toward $110,000. However, the area marked around $105,000–$115,000 is a key resistance zone where selling pressure might appear. Would you like an updated forecast or technical analysis for Bitcoin based on current market data?
BLong
by Mr_Zakrii
BTC Dominance: Approaching Major Resistance!!BTC.D is nearing a major 66%-68% resistance zone within a long-term ascending channel (since 2018). Historically, this area has triggered BTC.D pullbacks, often leading to altcoin rallies. The chart itself anticipates a rejection from this level. If BTC.D rejects, a move towards the 53-54% lower channel support is likely, potentially bullish for alts. Watch for bearish weekly candle closes and increased selling volume as confirmation. Altcoin price action should also be monitored for signs of strength. This key resistance zone presents a significant point for the broader crypto market. Exercise caution and await. If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments, and feel free to request any specific chart analysis you’d like to see. Happy Trading!!
CShort
by persis10t
GBPJPY BULLISH OR BEARISH DETAILED ANALYSISGBPJPY is currently trading near 192.100 and has successfully broken out of a falling wedge pattern on the 12-hour chart. This classic bullish reversal structure indicates that buyers have regained control, with momentum building for a potential move toward the 197.400 target area. The breakout candle is strong and well-formed, confirming upside interest after a period of consolidation and price compression. Fundamentally, the Japanese yen remains under pressure due to the Bank of Japan’s continued ultra-loose monetary policy, while the pound is gaining support ahead of this week's Bank of England rate decision. Traders are pricing in cautious optimism from the BOE as inflation persists, which adds strength to GBP. The divergence in policy stance between the BOE and BOJ creates a favorable environment for GBPJPY bulls. Technically, the falling wedge breakout is happening in line with higher lows and sustained buying volume. The 190.000 region served as a strong support base, and the breakout above wedge resistance around 191.800 now turns that area into support. The next key resistance sits at 195.000, with potential extension toward the psychological zone of 197.400. This setup aligns with a trend continuation following the recent impulsive wave, and the risk-reward profile remains attractive for swing buyers. As long as GBPJPY holds above 190.800, the upside thesis remains valid. Keep an eye on UK rate sentiment and BOJ updates to support this technical play.
Long
by AndrewsMarket-Mastery
4
Silver Slips as Fed Holds RatesSilver rose more than 1% to approach the $33 mark on Thursday, supported by renewed interest on precious metals with ongoing trade and economic uncertainty. The Federal Reserve left interest rates unchanged, with Chair Powell citing heightened risks while dismissing the need for early rate cuts. Sentiment was also influenced by President Trump’s announcement of an imminent trade deal, reportedly with the UK, and his firm stance on maintaining tariffs against China ahead of upcoming negotiations. Technically, resistance is seen at $33.80, followed by $34.20 and $34.85, while support levels are noted at $32.00, $31.40, and $30.20.
FOREXCOM:XAGUSD
by ChartMage
TOTAL 2 could reclaim 1.27T market cap Hello Traders 🐺 In my previous ideas, I tried to focus on the long- and mid-term perspective and showed you a nice and clear path toward the probable price targets for the upcoming Altcoin season. Now, I want to keep updating you all the way to the upside — so this idea is just a quick update for you, my dear audience, to keep you informed about the current possible price targets. If you're also interested in the long-term view, I’ve put the related links down below this idea ! As you can see on the chart above, the price is breaking above the orange resistance line and trying to reclaim the $1.27T market cap, potentially retesting it as new support. However, we may see some sell pressure near the resistance box since it's also aligned with our mid-term downward-sloping channel — which, as we discussed earlier, could also be interpreted as a bull flag 🟧📈 So make sure to load your Altcoin bags 🎒 — because in my humble opinion, there’s a clear and free path toward the red resistance box above. And as always, follow our golden rule and avoid any FOMO: 🐺 Discipline is rarely enjoyable, but almost always profitable. 🐺 🐺 KIU_COIN 🐺
CRYPTOCAP:TOTAL2Long
by Kiu_Coin
Gold Dips Toward $3,360 as Fed HoldsGold slipped to around $3,360 per ounce on Thursday, pressured by the Fed’s cautious tone after keeping rates unchanged. Chair Powell dismissed preemptive cuts and highlighted inflation and labor market risks, dampening demand for non-yielding assets. However, gold's downside was limited by trade uncertainties as Trump reaffirmed tariffs before U.S.-China talks in Switzerland. Resistance is expected at $3,460, followed by $3,500 and $3,550. Support sits at $3,320, with further levels at $3,300 and $3,265.
EIGHTCAP:XAUUSD
by ChartMage
BTC Fractal Update!!CRYPTOCAP:BTC is repeating the same ABC pattern that led to past 70 %+ rallies. We're now at a decision point — next weekly close will confirm: Scenario 1: Rejection Below $96K (Circle 1) → Likely dip to $78K–$80.5K (channel bottom + 0.5 Fib) → Final shakeout before major move. Scenario 2: Breakout Above $96K (Circle 2) → Retest at $90.5K → Then rally toward $160K+ begins (Circle 3) BTC is hovering near the $100K mark — up 5% from the $96K breakout — mirroring the previous breakout from $63K (Circle 2), where it surged to $ 67K (+5%) before a sharp retest to $59.2K, followed by a major rally. A similar healthy retest could be on the cards before CRYPTOCAP:BTC breaks its ATH! If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments, and feel free to request any specific chart analysis you’d like to see. Happy Trading!!
by persis10t
5.8 Gold risk aversion cools down5.8 Gold risk aversion cools down The Fed keeps interest rates unchanged, expectations of rate cuts are suppressed, and gold risk aversion cools down. There are reports that US President Trump may sign a trade agreement with the UK, and some investors are still waiting for the results of the US-China trade negotiations this weekend. Various news suppressed the strong rise of gold. If the gold price falls below 3320 and remains below 3330, it will no longer be bullish in the short term. BUY: 3330 SL: 3320 TP: 3360 SELL: 3320 SL: 3330 TP: 3290 Thank you for your attention, I hope my analysis can help you.
OANDA:XAUUSD
by EmilyShared
GBP Steady Near $1.33, BoE Rate Cut ExpectedThe British pound hovered near $1.33 as traders awaited the BoE’s decision, with a 25 bps cut to 4.25% widely expected. Markets are also eyeing new economic forecasts for signals of further easing. While Trump’s tariff plans have stoked global slowdown fears, the UK is less exposed due to a U.S. goods surplus. A fresh trade deal with India, expected to generate £4.8 billion annually by 2040, may also cushion the economy. If GBP/USD breaks above 1.3430, resistance levels come in at 1.3500 and 1.3550. Support lies at 1.3200, followed by 1.3050 and 1.2960.
by ChartMage
Euro Strengthens on Political ShiftsEUR/USD traded just above 1.1300 on Thursday, staying in a tight range as reduced political uncertainty in Europe and a softer U.S. dollar offered mixed cues. The euro was supported by news of Friedrich Merz becoming Germany’s chancellor, while the dollar struggled despite a hawkish Fed pause, as Powell flagged tariff-related risks. Traders are focused on Trump’s press conference at 14:00 GMT and U.S. jobless claims for near-term direction. Resistance is seen at 1.1460, with higher levels at 1.1580 and 1.1680. Support lies at 1.1260, followed by 1.1200 and 1.1150.
by ChartMage
102.5K nearest upside target. 110K is the next oneMorning folks, So, the pullback to 88-89K area that we discussed last time has not happened. Market turns to direct upside continuation. Now it has no big barriers ahead, which means that 110K is the major target for now. On Intraday charts we have another one - 102.5K which is the nearest one. We consider no shorts by far. For long entry you could use any deep that you would like to. We suggest that 97.50-98K area is quite suitable for this. Deeper retracement will look suspicious.
CLong
by Sive-Morten
EURAUD ForecastMy observations on FX:EURAUD chart to take a trading position include the following: - Completion of a Gartley Harmonic Pattern - Completion of the fourth wave of an Elliott wave pack and waiting for the formation of wave 5 - Overlap of the target of the 5th Elliott wave with the target of the Gartley pattern (if the pattern works) - Positive price bounce reaction to SMA200 and an upward guard to cross SMA21 and the pivot line as an important resistance. (Pivot Point Standard) The mentioned signs for my personal trading system are a certificate to take a trade, of course, with risk management and logical budget plan ( risk no more than %1 of capitol) The goal is to execute the trading plan correctly and systematically, regardless of the outcome.
Long
by Daragolbon