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Harmonic Patterns

USDCAD Short term biasUSDCAD is showing early signs of a bullish reversal after a prolonged downtrend. Price has reacted strongly off a key demand zone and is now breaking above the descending trendline, which suggests weakening bearish momentum. As long as price continues to hold above the reclaimed support area, a move toward the next resistance zone is likely. A sustained push higher would confirm the bullish shift, while a loss of the demand zone would invalidate the setup. Let's see how it goes. Will be getting out at 70/80% of the move. As always, proper risk management is paramount.
Long
by Salvatore_x
BTCUSD 1H Corrective Range after Supply RejectionBTCUSD 1H is trading within a corrective range after rejecting a clearly defined supply zone. Earlier bullish momentum, highlighted by higher highs, higher lows, and an ascending trendline, weakened near 90,000–90,200, where repeated rejections indicated strong selling pressure. Failure to hold above this level caused a break below the trendline, confirming a short-term structure shift. Price now forms lower highs under a descending trendline, showing controlled selling rather than aggressive liquidation, suggesting consolidation within a wider range. Supply: 90,000–90,200 remains primary resistance and key supply. Secondary resistance lies at 88,800–89,200, aligned with recent lower highs and the descending trendline. Demand: Immediate support is 87,200–87,000, maintaining consolidation if held. Below this, the higher-timeframe demand zone at 84,500–84,200 marks prior strong buying and the range low. Price reactions here will determine the next move.
OANDA:BTCUSDLong
by SwingTrade_Concept
SOL/USDT – Accumulation or Continuation? Key Support!SOL/USDT on the 8-hour timeframe is still moving within a bearish corrective structure / broader downtrend, characterized by a series of lower highs and lower lows since the rejection from the 230+ area. Currently, price is trading inside a strong historical demand zone at 127–121, which previously acted as a major accumulation and bounce area. Price is now consolidating above this demand zone while pressing against a descending trendline, making this area a critical decision zone for the next major move. --- Pattern & Price Structure 1. Descending Trendline (Bearish Pressure) The descending trendline remains valid and unbroken Each recovery move continues to be capped by this trendline Indicates seller dominance is still present 2. Demand Zone / Support Base (127 – 121) The yellow box marks a strong demand zone Multiple lower-wick rejections indicate active buying interest Price is forming a base / consolidation range above support 3. Compression Pattern (Range Tightening) Price is compressed between: Dynamic resistance (descending trendline) Static support (demand zone) This structure often leads to a high-momentum breakout --- Key Levels Dynamic Resistance: Descending trendline Horizontal Resistances: 144 154.5 167 177 Major Support: 127 121 Invalidation Level: Strong close below 121 --- Bullish Scenario The bullish scenario is valid if: 1. Price holds above the 127–121 demand zone 2. A strong candle close breaks above the descending trendline 3. Volume expansion confirms the breakout Upside Targets: 144 (minor resistance) 154.5 (key reaction level) 167 (mid-range resistance) 177 (major resistance) A confirmed breakout above the trendline may signal a trend reversal or bullish continuation from a base structure. --- Bearish Scenario The bearish scenario occurs if: 1. Price fails to break the descending trendline 2. A strong breakdown and close below 121 3. The demand zone fails to absorb selling pressure Downside Risk: 116.8 (previous low) Further downside could form new lower lows, continuing the broader bearish trend --- Conclusion SOL/USDT is currently at a critical decision area. The 127–121 demand zone is the key level to watch: Holding support + trendline breakout → bullish reversal potential Demand breakdown → bearish continuation Patience is required. Wait for clear breakout or breakdown confirmation before committing to a directional trade. --- #SOLUSDT #Solana #CryptoAnalysis #TechnicalAnalysis #DescendingTrendline #DemandZone #SupportResistance #AltcoinTrading #CryptoMarket
Long
by CryptoNuclear
Liquidity Builds Before the Real MoveOn the 1H timeframe, Bitcoin remains locked inside a clearly defined sideways range, bounded by a support zone around 86,700–87,000 and a resistance zone near 90,300–90,600. Price is currently trading around 88,500, which places it firmly in the middle of the range — a location that typically favors indecision rather than directional conviction. From a market structure standpoint, Bitcoin has repeatedly failed to establish acceptance above the resistance zone. Each impulsive push into the 90K area has been met with swift rejection, signaling that sell-side liquidity remains active at the highs. These reactions confirm that the resistance is not yet weakened and continues to cap upside attempts. On the lower boundary, the support zone has been respected multiple times, producing consistent rebounds. However, these reactions have become increasingly corrective rather than impulsive. This suggests absorption and balance, not aggressive accumulation. As long as price holds above this zone, downside continuation remains limited, but the lack of strong follow-through keeps the market range-bound. The current price action shows compression and volatility contraction, a classic behavior ahead of expansion. Liquidity is being built on both sides of the range. A sustained break and acceptance above 90,600 would be required to confirm a bullish continuation scenario, while a clean loss of 86,700 support would expose lower liquidity pools and shift the bias decisively bearish. From a broader macro perspective, Bitcoin remains sensitive to overall risk sentiment and liquidity conditions. With no clear macro catalyst or volume expansion visible at this stage, the market continues to favor range rotation rather than trend development. In summary, Bitcoin is not trending it is consolidating. Until price decisively exits the 86,700–90,600 range, traders should prioritize reaction at key levels, patience, and disciplined risk management, rather than anticipating a breakout prematurely.
BITSTAMP:BTCUSDLong
by Mathew_TraderGold
Market Update & Analysis: Great Lakes Dredge & Dock Corporation In the latest trading session, shares of Great Lakes Dredge & Dock Corporation (GLDD) demonstrated notable strength, closing up +1.07% at $13.26. This performance significantly outpaced the broader S&P 500 index, which posted a modest gain of 0.19% for the day. The stock's advance also contrasted with a mixed market backdrop, where the Dow Jones Industrial Average rose 0.66% while the technology-focused Nasdaq Composite edged slightly lower, losing 0.03%. This positive momentum extends beyond a single day. Heading into the session, GLDD shares had already accrued a gain of 1.78% over the past month. This monthly return is particularly impressive as it represents a substantial outperformance against both its immediate sector and the general market. Specifically, the stock has handily surpassed the Construction sector, which declined 2.51% over the same period, and the S&P 500, which advanced a more subdued 0.54%. All eyes are now turning to the company's forthcoming earnings announcement, which will be a critical catalyst for investor sentiment. Analysts are projecting quarterly earnings per share (EPS) of $0.23. If realized, this would represent a year-over-year decline of approximately 20.69%. However, this bottom-line contraction is expected to coincide with robust top-line growth. The consensus revenue estimate for the quarter stands at $219.45 million, indicating a healthy increase of 8.23% compared to the same period last year. This dichotomy suggests potential investments or cost pressures that may be masking underlying operational strength. Zooming out to the full fiscal year, the outlook becomes more decidedly positive. The current Zacks Consensus Estimates forecast annual EPS of $1.09 and revenue of $851.26 million. These figures imply meaningful year-over-year growth of +29.76% in earnings, with revenue expected to hold steady relative to the prior year. A key factor for investors to monitor is any recent revision to analyst forecasts. Such revisions are typically a direct reflection of evolving near-term business trends and management commentary. Upward revisions generally signal growing analyst confidence in the company's operational execution and future profit-generating capabilities. Empirical research has shown a strong correlation between positive estimate revisions and subsequent near-term stock price appreciation. This relationship is the foundation of the proprietary Zacks Rank system. The Zacks Rank is a quantitative model that systematically incorporates these estimate changes to provide a actionable rating for each stock, ranging from #1 (Strong Buy) to #5 (Strong Sell). Historically, stocks awarded a #1 (Strong Buy) rank have delivered exceptional results, boasting an average annual return of +25% since 1988. Notably, the consensus EPS estimate for GLDD has remained stable over the last 30 days, yet the company currently holds the coveted Zacks Rank of #1 (Strong Buy), underscoring a persistently favorable analyst view. From a valuation perspective, GLDD appears attractively priced. The stock currently trades at a Forward Price-to-Earnings (P/E) ratio of 12.04. This represents a significant discount to its industry peer group within the Building Products - Heavy Construction sector, which carries an average Forward P/E of 21.4. Furthermore, when accounting for growth, the stock's PEG (Price/Earnings to Growth) ratio is 1.0. This metric, which balances the P/E ratio against the expected earnings growth rate, suggests the stock is fairly valued based on its growth profile, especially when compared to the sector's average PEG ratio of 1.65. Technical Perspective & Strategy: From a chart analysis standpoint, GLDD has established a major support zone around the $11.00 level, which has historically acted as a floor for the stock during pullbacks. The recent price action, breaking above short-term resistance, suggests building bullish momentum. Given the combination of strong fundamental rankings, attractive valuation, and positive technical structure, a reasonable profit-taking target zone is identified around the $15.00 level. This target aligns with prior areas of technical resistance and would represent a compelling return from current levels, supported by the company's earnings growth trajectory. In summary, Great Lakes Dredge & Dock presents a compelling case based on its market-leading performance, strong analyst conviction as evidenced by its Zacks Rank, discounted valuation metrics, and a constructive technical setup with defined risk and reward parameters.
NASDAQ:GLDDLong
by KalaGhazi
SOLANA: This Gigantic Formation is Going to Blast Through Roof.Hello There, welcome to my new analysis about SOLANA on the weekly timeframe perspective. As a believer in the cryptocurrency revolution, I am sure the adoption of large-scale crypto networks is going to spread continuously throughout this year. We can already see more and more financial intermediaries adopting cryptocurrencies like SOLANA. This is also reflected by the SOLUSD price and crucial adoption factors such as Western Union also adopting this network. In my analysis I focus on the underlying factors that drive these changes in the financial ecosystem. Especially at the beginning of 2026, there was a record high of whales accumulating more and more SOLANA to prepare for the major market disruptions that are likely to happen. Such actions are always made before the big public gets aware of it. Therefore, it is highly important, as a trader in the market, to appropriately prepare for any such significant and influential developments. Currently, SOLANA is already within the top 10 of cryptocurrency market cap coins. This can quickly change when more and more whales move into this market to push the bullish buttons before the large public gets aware of it. The whitepaper already states that SOLANA is a high-performance blockchain that was designed to process up to 710,000 transactions per second, though real-world throughput typically ranges from 2,000 to 3,000 TPS. It is not unlikely that under such conditions more and more adoptions from smart money will happen in the next times. These factors are crucial for examining the actual real price action outcomes setting up for SOLANA at this moment. If this adoption goes forward in the upcoming times, we will see other whales also moving into the coin. From a technical perspective, SOLANA is trading within this gigantic uptrend situation in which it is forming several crucial technical formations. The most important one currently is this massive bull flag formation. This formation is already in the middle to later stages of completion. The wave count within the formation is already forming the final wave C. This completion of the wave count will reach strong supports within the bullish confluence zone marked in my chart, supported by the lower boundary supports as well as the 200-MA. Once SOLANA bounces in this area, it will be a highly determining move and crucial for the whole upcoming prospect, which should be expected. Especially when there are a lot of bullish acquisitions and the large wallets moving into the market, we can be sure that a bounce from this zone will likely confirm the whole bull flag formation. Such a confirmation will drive the price action into spheres never seen before. When considering an altcoin-focused approach in the market, this will definitely be an important underlying setup to consider. With this being said, it is great to consider the important trades upcoming. We will watch out for the main market evolutions. Thank you very much for watching!
CRYPTO:SOLUSD
by VincePrince
BTCUSD 1H Structure, Key Levels and Price BehaviourBTCUSD on the 1H timeframe is showing a constructive price structure following a completed corrective phase. The recent pullback found support near the 86,500 region, where downside momentum slowed and price stabilised. From this base, the market recovered and reclaimed the 90,000 level, indicating a shift back toward bullish control. Price action above this area is now developing with higher highs and higher lows, suggesting improving short-term structure and trend alignment. The 90,000–89,800 zone acts as an important support area, previously functioning as resistance. As long as price holds above this region, the current structure remains intact. On the upside, the 91,000 area represents a near-term resistance where reactions may occur. Acceptance above this level would reflect continuation strength, while rejection would keep price rotating within the current range. Pullbacks into support should be evaluated in the context of overall structure rather than as standalone moves. Market focus remains on price behaviour around key levels and structural confirmation. Disclaimer: This analysis is for educational and informational purposes only. It does not constitute investment advice or a trading recommendation. Financial markets involve risk, and outcomes are uncertain.
OANDA:BTCUSDLong
by SwingTrade_Concept
FTNS Reaching a Potential Historic Bottom — Opportunity with StrSure, here’s the translation for you: Fitness Prime (FTNS) Stock Analysis Currently, the stock seems to have reached its historical bottom, and it’s expected not to revisit this level for at least the next two years. This could be a good opportunity to adjust your average cost. However, it’s important to keep risk management in mind, especially given the presence of negative news that may impact the stock’s performance. Important Note: This is not financial advice; it is purely a technical analysis.
EGX:FTNS
by MahmoudAty
FORTHUSDT UPDATE#FORTH UPDATE FORTH Technical Setup Pattern: Falling Wedge Pattern Current Price: 1.702$ Target Price: 1.268$ Target % Gain: 81.72% Technical Analysis: FORTH is breaking out of a falling wedge pattern on the 1D chart, indicating bullish potential. The price has recently surged above the resistance trendline, supported by an increase in volume. The setup is validated as the price approaches the key resistance areas. Time Frame: 1D Risk Management Tip: Always use proper risk management.
Long
by CryptoWithJames
DYDXUSDT UPDATE#DYDX UPDATE DYDX Technical Setup Pattern: Falling Wedge Pattern Current Price: 0.1915$ Target Price: 0.3428$ Target % Gain: 79.16% Technical Analysis: DYDX is breaking out of a falling wedge pattern on the 1D chart, signaling bullish potential. Price has started to reclaim the wedge resistance after a prolonged downtrend, and the structure suggests a momentum shift to the upside. The projected move aligns with the measured target shown on the chart. Time Frame: 1D Risk Management Tip: Always use proper risk management.
Long
by CryptoWithJames
EURJPY – Bullish Continuation Trade Plan🔹 Market Structure (Dow Theory) EURJPY is trading in a clear uptrend, confirmed by: Higher highs and higher lows Price respecting an ascending channel The current consolidation acting as a pullback, not a reversal According to Dow Theory, as long as the last higher low holds, the primary trend remains bullish. 🔹 Fibonacci Context The recent pullback retraced into the 0.382 – 0.5 Fibonacci zone, which is a high-probability buy area in strong trends. Price is holding above the 0.618 level, confirming that buyers are still in control. This retracement aligns perfectly with prior structure support inside the channel. 🟢 Entry Logic Long positions are favored near 183.8–184.0, where: Fibonacci support Trendline support Structure support all align. 🛑 Stop Loss: 183.25 Placed below the 0.618 Fibonacci level. Below the most recent higher low, which: Invalidates the bullish structure if broken Protects against a deeper trend reversal 🎯 Take Profit Targets TP1: 184.9 Retest of the previous high Logical partial-profit zone where some selling pressure may appear TP2: 185.9 Extension toward the upper boundary of the ascending channel Represents continuation of the dominant bullish trend ✅ Trade Thesis (Simple) EURJPY is in a strong uptrend. The market pulled back into a key Fibonacci support zone while maintaining higher-low structure. As long as 183.25 holds, buyers are expected to push price first to 184.9, and then toward 185.9. ⚠️ Invalidation A clean break and close below 183.25 would signal: Failure of higher-low structure End of bullish continuation setup
Long
by ByteSignals