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Harmonic Patterns

GBPUSD Strength Rebuilds – Buyers Eye Fresh BreakoutGBPUSD has bounced from a strong demand zone, reflecting renewed buyer confidence after a corrective phase. The pair is holding above short-term support and attempting to build momentum toward its next resistance area. Key Levels: Buy : 1.33800 Take Profit: 1.34700 Stop Loss: 1.33220 Reasoning: The recent recovery aligns with an improving market sentiment as price stays above intraday support. Technical structure indicates higher lows forming on the chart, suggesting that bulls may maintain control while the pair remains above 1.3320. A breakout continuation could extend gains toward the 1.3470 resistance region. On the fundamental side, a softer U.S. Dollar tone and steady U.K. yield outlook continue to support the pound’s recovery trajectory. Disclaimer: This content is shared for educational purposes only and should not be taken as financial advice
Long
by SwingTrade_Concept
XAUUSD- 1H bullish setup🟢 Bullish Confluences: Strong Rejection from Key Demand Zone Price has sharply bounced from the lower green Keltner Channel band, indicating strong buyer interest around $4,245–$4,257. This area aligns with the 61.8% Fibonacci retracement level from the recent leg (4233.35 to 4297.76), a classic golden ratio zone for reversals. Bullish Candlestick Reaction A long lower wick shows clear rejection of lower prices and potential reversal strength. Suggests that bulls are stepping in after a steep decline. Keltner Channel Support Bounce The price is reacting well from the lower Keltner band and may now aim toward the mid to upper bands as dynamic resistance, which aligns with key Fibonacci levels. Fibonacci Retracement Overlay The recent drop seems to be a corrective pullback, and the overlay of the Fibonacci retracement levels gives us clear potential targets on a bullish reversal. 🎯 Fibonacci Targets (Upside Levels): Based on the move from the low around 4233.35 to the recent swing high around 4297.76, the bullish targets are: Target 1 – 38.2% Level 📍 4322.36 First resistance and profit-taking zone. Also aligns with mid-Keltner resistance. Target 2 – 61.8% Level 📍 4337.57 Strong Fibonacci level where deeper pullbacks usually end. May act as a major resistance zone if price continues upward. Target 3 – 100% Extension / Full Move Recovery 📍 4362.17 Full recovery of the prior high. If momentum remains strong, price may test this zone.
OANDA:XAUUSDLong
by VisionaryInsights
S&P500 Both short and long term bullish targets intact.The S&P500 index (SPX) continues to trade within its 5-month Channel Up and last Friday's pull-back to its 1D MA50 (red trend-line) again is another testament to it as it rebounded exactly on its bottom, making yet another Higher Low. As we've shown on our previous analysis its short-term Target is the 1.382 Fibonacci extension at 6850. Ahead of a massive 1D MACD Bullish Cross however, we can see (after another short pull-back) the index extending much higher to its 2.5 Fibonacci extension (orange) at 7150 before a larger correction takes place. ------------------------------------------------------------------------------- ** 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:US500Long
by TradingShot
2
MEMECORE/USDT — Range Recovery Forming, Watching Higher levelsMEMECORE has shown a steady rebound from the lower range near $2.00, regaining short-term momentum as it attempts to reclaim the $2.34 zone, which has acted as a strong resistance multiple times. A confirmed breakout above $2.34 would signal a shift in momentum and open the path toward the range high at $2.53, where the next major liquidity zone sits. 📊 Technical Overview: Range Support: $2.00 Range Resistance: $2.34 Breakout Target: $2.53 Bias: Neutral → Bullish above $2.34 If MEMECORE continues to hold above the $2.00 base with rising volume, the structure suggests potential for a range breakout and short-term trend reversal. 📈 Outlook: Building strength inside range 🎯 Targets: $2.34 → $2.53
Long
by SatochiTrader
1
BOF – Momentum fading, short setup formingBranchOut Food ( NASDAQ:BOF ) had a strong premarket gap, up more than 40%, with solid volume early in the session. After the open, momentum stalled near $3.10–3.20, forming a clean resistance zone. 🔍 My plan I’m watching for a lower high near resistance and a clear VWAP rejection to confirm backside. If that happens: Entry zone: $3.10–3.20 Stop: Above $3.50 Targets: $2.70 (intraday support) $2.50 (gap-fill zone) $2.15 (daily demand) 📉 Why I like it Volume is fading after the initial push. Frontside move is extended into heavy resistance. No major catalyst to support the parabolic run. The setup looks like a potential fade back into prior support once buyers lose control. ⚠️ Risk management If it reclaims $3.50 with strength, I’m out — no hesitation. For now, it’s all about waiting for confirmation and avoiding the frontside chop. 💬 What’s your plan for BOF today? Comment your thoughts or setups below — and follow if you like clean technical short setups with clear structure and volume logic.
NASDAQ:BOFShort
by Rendon1
SAROS/USDT — Range Reversal Forming, Eyeing Breakout Toward $0.3SAROS/USDT — Range Reversal Forming, Eyeing Breakout Toward $0.30 🚀 SAROS is showing a strong early rebound after testing its range low at $0.203. The price has now reclaimed the mid-range zone near $0.24, indicating buying pressure returning and a potential shift in short-term momentum. The key resistance and confirmation area is found near $0.295 — a breakout above this level could signal the start of a trend reversal, with further upside potential toward $0.42 if volume confirms. 📊 Technical Overview: Range Low Support: $0.203 Range High / Breakout Zone: $0.295 Extended Target: $0.421 Bias: Accumulation → Bullish shift once $0.295 breaks If SAROS maintains this momentum and reclaims the upper range, the structure suggests a strong continuation setup forming for the next leg higher. 📈 Outlook: Building strength inside the range 🎯 Targets: $0.295 → $0.42
Long
by SatochiTrader
MPRC - is that end of correction ?! EGX:MPRC - EGX30 - Timeframe 30m Format a Gartley bullish pattern as follows: - Entry: 31.50 (current price: 31.47) - Stop loss: 30.50 (potential loss: 3.50%) - First target: 33.10 (potential profit: 4.70%) - Second target: 34.25(potential profit: 8.50%) also MACD is positive that may support our idea This is not investment advice, only my analysis based on chart data. Consult your account manager before investing. Thanks and good luck.
EGX:MPRCLong
by tfcgeorge
2
NQ & ES Premarket Comment Tuesday 21-10-2025We’re currently trading in a zone where long setups are off the table, even if some appear to form. Unless clear short opportunities emerge, we’ll stay completely out of the market — because this is what builds discipline and consistency, the core pillars of longevity in this industry. After the market open, we’ll be patiently waiting to identify strong resistance levels and potential SMT reversal signals before taking any engagement. PF Disclaimer: This analysis reflects personal market observations and is for educational purposes only. It does not constitute financial advice.
CME_MINI:NQ1!
by FTAKAS
Gold’s Record High: What’s Next?Spot gold edged lower on Tuesday after hitting fresh record levels, pressured by a recovering US dollar and improved global risk sentiment. However, the downside appears limited. Growing concerns over a potential US government shutdown and its economic impact, alongside strong market expectations for another Fed rate cut this year, continue to weigh on the dollar – providing key underlying support for gold. Additionally, persistent trade tensions and geopolitical risks reinforce gold's role as a preferred safe-haven asset. Amid these crosscurrents, the market is seeking its next clear directional catalyst. Technically, yesterday's strong bullish candle erased the prior session's decline and pushed to new highs, confirming sustained buying interest. Still, after such a sharp move, signs of short-term exhaustion are emerging near the highs, suggesting a possible shift from the previous one-way rally to a phase of wide-range consolidation. While the extreme volatility may moderate, the risk of sudden sharp swings remains. Trading Strategy: Favor buying on dips within the expected range rather than chasing the rally at elevated levels. Key resistance sits at 4300–4320 – a clear break above opens the next leg higher. Major support lies in the 4245–4230 zone, where a firm hold could offer a reference for establishing new long positions.
OANDA:XAUUSDLong
by High-Class
GBPJPY – Recovery signals within the descending channelThe GBPJPY pair is showing clear signs of technical recovery after a strong downtrend. Recent fundamental developments are also supporting a short-term bullish outlook, mainly due to the weakening of the Japanese yen driven by political expectations and monetary policy stance in Japan. 1. Fundamental Outlook The yen is under downward pressure as Sanae Takaichi, known for her pro-stimulus and dovish stance, is widely expected to become Japan’s next Prime Minister. In addition, BOJ Governor Ueda indicated that the central bank is not in a hurry to raise interest rates, which further reduces the appeal of holding JPY. =>Impact: A weaker JPY, supporting an upside move in GBPJPY. Meanwhile, in the UK, the British pound remains stable as recent fiscal reports show that the national budget remains under control, easing concerns about fiscal risk and giving GBP additional support. 2. Technical Perspective On the 1-hour chart, GBPJPY continues to trade within a descending parallel channel, but the price has rebounded from the 201.5 support zone, which aligns with the lower boundary of the channel. The EMA34 and EMA89 are narrowing, indicating that the bearish momentum is fading. The price could recover toward the 203.0 area, which coincides with the upper boundary of the channel. If buying pressure strengthens and price breaks above this level, the bullish extension toward 204.2 – 205.0 would become a realistic scenario.
Long
by Octaviuss
17