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Harmonic Patterns

SMCI Loss of this Support can result into crash to $10.Supermicro Computer Inc. (SMCI) has been under heavy pressure since its March 2024 ATH and last month hit and held its 1M MA50 (blue trend-line). This is a key Support level, which even though it broke on the November 2024 crash, the price managed to recover and close the month back up above it. In fact, the last time SMCI closed a month below it was in March 2020 during the COVID flash-crash. As a result, loss of this level can result into an accelerated sell-off, technically the second Bearish Leg of the long-term Channel Up, towards the 1M MA200 (orange trend-line). If it is as strong as the first Bearish Leg, then we should be expecting a -86% decline to $10.00, which would technically make contact with the 1M MA200. Notice also how similar the current 1M RSI structure is with SMCI's last Channel Down correction in 2015 - 2018. --- ** 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. ** --- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:SMCIShort
by TradingShot
2
NASDAQ One final Santa push??Nasdaq (NDX) is rebounding today on its 1H MA50 (blue trend-line), capitalizing on the short 6-day Channel Up that it's been trading in. With a 1H MACD Bullish Cross confirming the start of the new Bullish Leg, we can expect at least a +2.11% rise (similar to the 1st Bullish Leg) on this one, targeting 25900, as part of the final 'Santa rally' push. --- ** 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. ** --- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CAPITALCOM:US100Long
by TradingShot
Heading towards pullback resistance?USD/JPY is rising towards the resistance level, which is a pullback resistance that aligns with the 61.8% Fibonacci retracement and could reverse from this level to our take profit. Entry: 156.92 Why we like it: There is a pullback resistance level that aligns with the 61.8% Fibonacci retracement. Stop loss: 157.75 Why we like it: There is a swing high resistance level. Take profit: 155.93 Why we like it: There is an overlap support level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
Short
by Vantage
Bullish reversal setup?USD/CHF has bounced off the support level which is a pullback support that is slightly above the 78.6% Fibonacci projections and could rise from this level to our take profit. Entry: 0.7873 Why we like it: There is a pullback support level, which is slightly above the 78.6% Fibonacci projection. Stop loss: 0.7831 Why we like it: There is a support level at the 100% Fibonacci projection. Take profit: 0.7935 Why we like it: There is a pullback resistance level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
Long
by Vantage
GIGGLEUSDT Forming Bullish MomentumGIGGLEUSDT is forming a clear bullish momentum pattern, a classic bullish reversal signal that often indicates an upcoming breakout. The price has been consolidating within a narrowing range, suggesting that selling pressure is weakening while buyers are beginning to regain control. With consistent volume confirming accumulation at lower levels, the setup hints at a potential bullish breakout soon. The projected move could lead to an impressive gain of around 290% to 300% once the price breaks above the wedge resistance. This falling wedge pattern is typically seen at the end of downtrends or corrective phases, and it represents a potential shift in market sentiment from bearish to bullish. Traders closely watching GIGGLEUSDT are noting the strengthening momentum as it nears a breakout zone. The good trading volume adds confidence to this pattern, showing that market participants are positioning early in anticipation of a reversal. Investors’ growing interest in GIGGLEUSDT reflects rising confidence in the project’s long-term fundamentals and current technical strength. If the breakout confirms with sustained volume, this could mark the start of a fresh bullish leg. Traders might find this a valuable setup for medium-term gains, especially as the wedge pattern completes and buying momentum accelerates. ✅ Show your support by hitting the like button and ✅ Leaving a comment below! (What is your opinion about this Coin?) Your feedback and engagement keep me inspired to share more insightful market analysis with you!
Long
by Alpha-GoldFX
Bullish bounce off pullback support?GBP/USD is falling towards the support level, which is a pullback support that is slightly below the 50% Fibonacci retracement and could bounce from this level to our take profit. Entry: 1.3427 Why we like it: There is a pullback support level that is slightly below the 50% Fibonacci retracement. Stop loss: 1.3386 Why we like it: There is a pullback support that aligns with the 78.6% Fibonacci retracement. Take profit: 1.3517 Why we like it: There is a pullback resistance. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
Long
by Vantage
Falling towards 50% Fib support?EUR/USD is falling towards the support level, which is an overlap support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit. Entry: 1.1753 Why we like it: There is an overlap support that aligns with the 50% Fib retracement. Stop loss: 1.1727 Why we like it: There is a pullback support lines up with the 78.6% Fib retracement. Take profit: 1.1799 Why we like it: There is a multi-swing high resistance. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
Long
by Vantage
$GLD – Multiple Breakouts Converging: Flag + Trendline + Gap FilGold ( AMEX:GLD ) is triggering one of the cleanest breakout setups on the entire market right now. We're getting a flag breakout, a longer-term trendline break, and we’re pushing straight into a gap fill from October 20th — all at the same time. This is the kind of confluence I dream about. 🔹 The Setup (Perfect Storm): Flag breakout: Tight consolidation resolving to the upside. Major trendline break: Longer-term resistance finally giving way. Gap fill trigger: Entering the October 20th gap — once inside, price often accelerates. Rising EMAs underneath = structural momentum. This is big-time swing trade stuff. 🔹 Why This Chart Matters: The entire precious metals complex is heating up. Silver already broke out — gold often follows and trends harder. Macro tailwinds (inflation whispers, deficits, dollar wobble) are fueling demand. 🔹 How I’m Trading It (Progressive Exposure): 1️⃣ Starter Position: Bought $400 GLD calls last week. 2️⃣ Futures Position: Long AMEX:MGC for premarket flexibility. 3️⃣ Pyramiding Plan: As the setup improves — more confirmation, more levels break — I add to the trade. I don’t go full-size at entry. I scale in as the trade proves itself. This is the exact progressive exposure method I’ve used for 15+ years. 🔹 Risk: Stop beneath the 9 EMA on the daily for my futures position. GLD calls are defined-risk by nature. This is the real deal — the type of breakout where gold can trend for weeks.
AMEX:GLDLong
by kunal00
1
SPX500 at Range Highs — Breakout or Another Rejection?Summary: SPX500 has rallied back into a well-defined resistance zone after a fake downside penetration from demand. Price is once again compressing near range highs, making this area critical for the next directional move. Technical Breakdown: Market Structure: Price remains in a broader range, respecting clear demand (lower purple zone) and resistance (upper purple zone). Higher lows from the recent demand reaction show short-term bullish momentum within the range. Key Levels: The range box midline (~6,767) has acted as a clean equilibrium level with multiple reactions — price acceptance above it favors buyers. The recent fake penetration below mid-range support (highlighted on your chart) suggests sell-side liquidity was swept before aggressive buying stepped in. Resistance Behavior: The upper zone has at least three clear touches, confirming it as strong supply. Each test shows slowing momentum, signaling decision time. Candlestick Context: Strong bullish impulses from demand with shallow pullbacks indicate active buyers, but no confirmed breakout close above resistance yet. Fundamental Context: With US indices supported by expectations of looser financial conditions in 2026 and resilient corporate earnings, dips continue to attract buyers. However, year-end positioning and macro data sensitivity keep upside capped near key technical levels. Key Price Levels (3-touch validation): Resistance: 6,900–6,920 (range highs, multiple rejections) Mid Support: ~6,765–6,770 (range equilibrium, role flip level) Demand Zone: 6,560–6,600 (major buy-side reaction area) Upside Target (on breakout): 6,980–7,000 Downside Target (on rejection): 6,650 then 6,580 Takeaway: ➡️ Bullish if price accepts and closes above 6,920, opening the door for range expansion higher. ➡️ Bearish / mean-reversion if resistance holds and price loses 6,765, targeting the demand zone again. #SP500 #Indices #PriceAction #TradingView #MarketStructure #SupplyAndDemand
SPREADEX:SPX
by uncleHamid
Silver - Strength Speaks Loudest!!🏆Silver has been one of the strongest performers across almost the entire market, consistently outperforming most assets and leading the momentum higher. 📈Structurally, price remains firmly bullish , respecting the rising blue channel with clean impulsive moves followed by shallow corrections. This behavior is exactly what strong trends look like. 🏹As long as this rising blue channel holds , the plan remains straightforward: I’ll be looking for trend-following longs on every correction, not chasing highs, but waiting patiently for pullbacks into structure. Only a clear and decisive break below the channel would invalidate this bullish thesis. Until then, Silver remains a buy-the-dip market, favoring continuation rather than reversal. ⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly. 📚 Stick to your trading plan regarding entries, risk, and management. Good luck! 🍀 All Strategies Are Good; If Managed Properly! ~Richard Nasr
TICKMILL:XAGUSDLong
by TheSignalyst
5
Gold Under Bearish Harmonic Pressure Below 4530XAUUSD – Bearish Butterfly (Under Construction) Gold is currently trading near a potential Bearish Butterfly completion zone around 4500–4530 (PRZ). 🔹 Bearish scenario: Holding below 4530 increases the probability that the harmonic pattern is completing. The recent upside move may represent the final leg (D) rather than trend continuation. 🎯 Downside targets (Fibonacci of AD): 50% retracement ≈ 4200 61.8% retracement ≈ 4135 ❌ Pattern invalidation: Strong daily close above 4500–4530 would invalidate the bearish setup. 🕒 Execution note: Selling should be considered only after clear weakness or reversal signals near the PRZ. 📌 Pattern still under construction – patience and confirmation are key.
OANDA:XAUUSDShort
by AhmedHassanien
Bitternson (TAO): We Might Be Seeing a Good Bounce From HereTAO is showing a very similar setup to what we’ve seen before. After the EMA crossover, price had a strong dip and is now sitting back at the same local support zone where we previously saw a solid bounce. This area is acting as a buy zone again. If buyers step in the same way they did last time, we could be looking at a similar upside move from here. As long as this support holds, the bias stays in favor of a bounce and continuation toward higher levels. Swallow Academy
Long
by SwallowAcademy
5
ETH/USD: Fragile Recovery Near 3000 as Downtrend Pressure PersisInstrument: ETH/USD Timeframe: Weekly / Daily Trend: Medium-term bearish, corrective rebound Market phase: Pullback inside descending channel ⸻ Market Context ETH/USD showed mixed dynamics last week. Price briefly dropped to 2772.00 (61.8% Fibonacci), then rebounded and stabilized near 3000.00 following softer U.S. inflation data (YoY CPI slowed from 3.0% to 2.7%) and rising expectations of looser Fed policy. The recovery remains technically driven and fragile. Risk appetite ahead of year-end holidays is weak, with capital rotating toward gold and tech equities. Sentiment stays bearish: Fear & Greed Index = 25 (Extreme Fear), while spot ETH ETFs saw $643.9M in weekly outflows, despite modest inflows at the start of this week. ⸻ Technical Structure • Price is correcting within a medium-term downtrend, trading near the upper boundary of the descending channel • A breakout above 3125.00 (Murrey , 50% Fibonacci, middle Bollinger Band) would signal a potential exit from the channel • Failure to hold 2812.50 keeps bearish continuation as the dominant scenario On the weekly chart, Bollinger Bands are turning lower, hinting at a possible shift away from the long-term bullish structure. ⸻ Indicators • Bollinger Bands: Flat → consolidation • MACD: Below zero → bearish bias • Stochastic: Near overbought → risk of rollover Overall signal: neutral → bearish ⸻ Key Levels Resistance: • 3125.00 • 3560.00 • 3750.00 Support: • 2812.50 • 2500.00 • 2187.50 ⸻ Trading Scenarios Primary scenario — bearish continuation • SELL STOP: 2812.45 • Targets: 2500.00 → 2187.50 • Stop-loss: 3010.00 • Horizon: 5–7 days Alternative scenario — bullish breakout • BUY STOP: 3125.05 • Targets: 3560.00 → 3750.00 • Stop-loss: 2880.00 ⸻ Conclusion As long as ETH/USD trades below 3125.00, upside remains corrective. A confirmed break under 2812.50 would likely resume the broader downtrend toward 2500.00 and 2187.50. Only a clean breakout above 3125.00 would shift the bias toward a stronger recovery.
COINBASE:ETHUSD
by John_Isige
AVNTUSDT Forming Falling WedgeAVNTUSDT is forming a clear falling wedge pattern, a classic bullish reversal signal that often indicates an upcoming breakout. The price has been consolidating within a narrowing range, suggesting that selling pressure is weakening while buyers are beginning to regain control. With consistent volume confirming accumulation at lower levels, the setup hints at a potential bullish breakout soon. The projected move could lead to an impressive gain of around 190% to 200% once the price breaks above the wedge resistance. This falling wedge pattern is typically seen at the end of downtrends or corrective phases, and it represents a potential shift in market sentiment from bearish to bullish. Traders closely watching AVNTUSDT are noting the strengthening momentum as it nears a breakout zone. The good trading volume adds confidence to this pattern, showing that market participants are positioning early in anticipation of a reversal. Investors’ growing interest in AVNTUSDT reflects rising confidence in the project’s long-term fundamentals and current technical strength. If the breakout confirms with sustained volume, this could mark the start of a fresh bullish leg. Traders might find this a valuable setup for medium-term gains, especially as the wedge pattern completes and buying momentum accelerates. ✅ Show your support by hitting the like button and ✅ Leaving a comment below! (What is your opinion about this Coin?) Your feedback and engagement keep me inspired to share more insightful market analysis with you!
Long
by Alpha-GoldFX
GOLD (XAUUSD) – 1H Market Structure BreakdownGold is currently consolidating after a strong impulsive move to the upside. The price is trading inside a range, marked clearly by the red horizontal levels. 🔴 Key Resistance (Top Red Line) This zone represents major resistance / liquidity where price has previously been rejected. Multiple rejections here suggest sellers are active. A clean breakout and hold above this level would signal bullish continuation. 🔴 Key Support (Middle Red Line) Acts as range support and short-term decision zone. Price is currently reacting around this area, showing indecision. A breakdown below this level opens the door for deeper pullbacks. 🟧 Major Demand Zone (Orange Box) This is a strong demand / accumulation area. If price sweeps liquidity below the range, this zone is the high-probability buy area. Expect strong reactions or reversal setups here. 🧠 Projected Price Path (Black Arrows) The drawing suggests a liquidity grab scenario: Price breaks below range support. Sweeps sell-side liquidity. Drops into the demand zone. Strong bullish reaction from demand. Expansion move back toward — and potentially above — resistance. 📌 Bias Summary Short-term: Ranging / corrective. Mid-term: Bullish, after liquidity sweep. Best trades come from patience, not chasing breakouts. 💡 Let price come to your level. Trade the reaction, not the prediction.
TVC:GOLDShort
by D1GITALTRADES
Curve DAO - CRV price analysisCRYPTOCAP:CRV is approaching an interesting accumulation zone From a technical perspective, OKX:CRVUSDT shows signs of controlled downside pressure, often seen before impulsive upside moves driven by market makers. 🔑 Key confirmation level: $0.42–0.43 A successful breakout and consolidation above this zone would signal a trend shift. 📊 Mid-term target: $1.10 At this level, #Curve market cap grows from ~$0.5B to ~$1.5B — still relatively undervalued for a long-standing project 🚀 Holding above $1.10 opens the path toward ATH levels near $6.8. ❓Do you expect CRYPTOCAP:CRV to confirm the breakout, or is more accumulation ahead? ______________ ◆ Follow us ❤️ for daily crypto insights & updates! 🚀 Don’t miss out on important market moves 🧠 DYOR | This is not financial advice, just thinking out loud
by P_S_trade
EURUSD 1-month Channel Up targeting 1.18850.The EURUSD pair has been trading within a 1-month Channel Up, supported by the 4H MA50 (blue trend-line) and has already started its new Bullish Leg. The 4H MACD Bullish Cross has confirmed it, similar to what happened on both previous sequences. Both of those Bullish Legs rallied by a little more than +1.60%. This gives us a short-term Target at 1.18850. --- ** 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. ** --- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
2
USDJPY Update Week 52 Day 23Most of my drawings on this chart are from previous posts. What I have done is to zoom in to lower time frame to see how this asset is pricing. I maintain a bullish sentiment on this pair, even though sellers are taking me down, and perhaps proving me wrong. Does this change my sentiment? No. It means that I can either join the sellers or look for buying opportunities, or at best, stay away completely. Where do I want to join the sellers? 154.365 is the dotted line shown in pink. With a small risk in my capital, I will take a sell below this price. Sell stop 154.300 Stop loss 155.300 Take profit 152.300 Risk reward ratio 2:1 154.365 is an area of previous support. Price failed to push into an area of resistance, which I have shown to be 158 with a green line. I have explained the 151 and 149 levels before. Also, the market gap has been explained in my previous post. And if the market continues to be bearish, we will see the market close this gap. If you like my post, please give it a boost and let me know if there is an asset you want me to analyse. Share your own views with me in the comments section below Disclaimer: This is not financial or trading advice; it is only for educational purposes.
Short
by topekekere