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Harmonic Patterns

Bullish bounce off 61.8% Fib support?Kiwi (NZD/USD) is falling towards the pivot, which aligns with the 61.8% Fibonacci retracement and could bounce to the 1st resistance. Pivot: 0.5682 1st Support: 0.5584 1st Resistance: 0.5838 Disclaimer: The opinions given above 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 to be informative only, and are not advice, a recommendation, research, a record of our trading prices, 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, or 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 IC Markets
Bullish continuation setup?USD/JPY has bounced off the pivot and could rise to the 1st resistance. Pivot: 154.41 1st Support: 151.03 1st Resistance: 160.23 Disclaimer: The opinions given above 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 to be informative only, and are not advice, a recommendation, research, a record of our trading prices, 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, or 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 IC Markets
EUR/GBP – M30 | Demand Zone Reaction & Upside ProjectionPrice has experienced a sharp bearish move and is now reacting from a clearly defined demand zone on the 30-minute timeframe. This zone previously acted as a strong buying area, and the current rejection indicates potential absorption of selling pressure. The overall structure suggests a pullback into demand, followed by a possible mean reversion / corrective move toward the prior supply and imbalance area. As long as price holds above the demand zone, bullish momentum may build, targeting the marked upper resistance / target zone. Trade Logic: Strong bearish impulse into demand (liquidity grab) Visible rejection and slowdown in downside momentum Expectation of a corrective rally toward previous structure highs Key Levels: Demand Zone: Primary area of interest for buyers Target Zone: Previous supply / resistance area Invalidation: Clean break and close below the demand zone
Long
by Gems-Trades
Harmonic BAT or CRAB formation in CRUDEOIL for 5000 or lowerTF: 60 Minutes CMP: 5156 I have published an analysis based on Pitchfork set up on Crude and you can read about in the link given below. Here, I am posting the view based on Harmonic Pattern formation. Since it has closed and sustained below the recent swing low of 5170, two levels have opened up on the downside based on Harmonic BAT and Crab Patterns. They are 5050 and 4950 respectively. I have marked both the patterns in different colors here in this chart for better understanding. Also, as per P&F charting method, the downside levels are open for 4750 and 4450; while 4450 being a distant level, 4750 appears to be within reach and also a cluster zone Chart on Pitchfork tool: Disclaimer: I am not a SEBI registered Analyst and this is not a trading advise. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views. If you like my analysis and learnt something from it, please give a BOOST. Feel free to express your thoughts and questions in the comments section.
MCX:CRUDEOIL1!Short
by Murthy_Santhosh
XAUUSD – Elliott ABC in playQuick summary Timeframe: Daily (D1) Elliott view: Price is likely developing an ABC corrective structure after a strong rally Strategy: Sell the B-wave pullback into supply, buy only when price returns to strong liquidity Context: Precious metals started 2026 strong, but short-term volatility and re-accumulation swings are still expected Fundamental backdrop (supports the bigger trend) Gold and silver opened 2026 with strong momentum, extending the best run since the late 1970s. Goldman Sachs remains bullish on precious metals and continues to highlight an aggressive long-term target (around $4,900 for gold). Lana’s key point: the long-term bull cycle can remain intact, but the market still needs healthy corrections to reset liquidity and build new structure. Technical view (D1) – Elliott ABC structure On the Daily chart, after the powerful top, gold dropped sharply, forming a clean Wave A. The current structure suggests: Wave B: a corrective rebound into resistance/supply Wave C: a potential move back down into liquidity zones before the next major direction is confirmed This ABC lens helps avoid getting trapped when the news looks bullish, but price is still in a corrective phase. Key levels from the chart 1) Sell zone (B-wave supply) Sell: 4435 – 4440 This zone aligns with marked resistance and a Fibonacci pullback cluster (0.236 / 0.382). If price retraces here and shows rejection, it’s a strong area to look for B-wave selling pressure. 2) Buy zone (major liquidity – potential C-wave completion) Buy Liquidity: 4196 – 4200 This is the strongest liquidity area on the chart. If Wave C plays out, will look for buying opportunities here with clearer risk control. 3) Deeper accumulation liquidity Accumulate liquidity: the lower accumulation area highlighted on the chart If the market sweeps deeper than expected, this is the region where longer-term buyers may step in. Trading plan Primary idea: Sell rallies into 4435–4440 if price shows weakness (B-wave rejection). Primary buy plan: Wait for price to revisit 4196–4200 and confirm support (liquidity absorption). If price breaks and holds above the sell zone, stops selling and waits for a new structure to form. Note on early-year behavior The first weeks of the year often bring “messy” moves as liquidity returns and positioning resets. will only trade at planned zones and avoid entries in the middle of the range.
OANDA:XAUUSDShort
by Zeeshan_Imad
1
BTCUSD – Short from Supply / Demand RejectionBitcoin is currently trading inside a well-defined demand/supply zone on the 30-minute timeframe. Price has already completed an impulsive move into this area and is now showing signs of exhaustion and consolidation, indicating weakening buying pressure. This zone previously acted as a strong reaction area, and the current price behavior suggests a potential bearish continuation. A rejection from this demand zone could trigger a deeper pullback as liquidity is taken from lower levels. Bias: Bearish Entry: Rejection / confirmation within the marked demand zone Target: Lower demand zone around 86,500 – 87,000 Invalidation: Clean break and acceptance above the zone This setup aligns with a move from premium to discount, offering a favorable risk-to-reward if confirmation is respected. ⚠️ Not financial advice. Always wait for confirmation and manage risk properly.
BITSTAMP:BTCUSDShort
by Gems-Trades
BITF | DailyNASDAQ:BITF — Bullish Alternate Scenario 📈 Quantum Model Projection | Technical Update There has been no change in my bullish outlook on BITF . As expected, the stock advanced 14% directly from the confluence of the Q-Structures φ and λₛ , where both structures converged and aligned at their apex—forming an integrated higher-degree Support Q-Structure that set the stage for the projected advance of Intermediate Wave (5). The Q-Target remains unchanged ➤ $28.88 (outside the current frame). 🔖 This outlook is derived from insights within my Quantum Models framework. Notably, all projected Intermediate-degree extensions across the mining sector align with BTC’s advanced projection of Primary Wave ⓹. NASDAQ:BITF #CryptoStock #Bitfarms #MarketStructure #QuantumAnalysis
NASDAQ:BITFLong
by ElliottChart
BTC Intraday Short BiasContext: Within the current weekly and daily composite structure, short-side expectations remain valid. Price is trading into a potential premium area where sellers may re-enter. Setup: I am monitoring the 89,850 – 90,300 zone for a potential intraday short, only with confirmation and reaction from this area. Targets: • 88,800 • 88,200 Invalidation: The idea is invalidated on acceptance and consolidation above 90,450, which would shift intraday bias. Notes: Risk should remain controlled and adjusted to current volatility. Patience is key — no confirmation, no trade. Follow for updates and next intraday setups.
Short
by linkort
$ATROWhile the adage "the trend is your friend" is a cornerstone of short-term investing and trading, its successful application is a nuanced endeavor. Identifying a trend is one thing; accurately assessing its durability and momentum to profit from it is another challenge entirely. A common pitfall for traders is entering a position just as a stock’s price movement exhausts itself, leading to swift reversals and immediate capital losses. Therefore, the key lies not merely in spotting upward price movement, but in confirming that the trend is supported by underlying strengths—such as robust fundamentals, positive analyst sentiment, and upward earnings estimate revisions—that can fuel sustained momentum. For investors seeking to capitalize on stocks currently in motion, systematic screening tools are invaluable. A "Recent Price Strength" screen, for instance, is specifically designed to filter for equities demonstrating a powerful combination of technical and fundamental health. It identifies stocks in a confirmed uptrend, trading in the upper echelon of their 52-week range—a typically bullish indicator—while also being backed by sound financial foundations. This methodology separates fleeting spikes from potentially sustainable trends. Astronics Corporation (ATRO) recently emerged as a compelling candidate from such a screen, presenting a strong case for trend-based investment. The rationale for its selection is multi-faceted, grounded in both its performance across different time horizons and its technical positioning: First, a significant price appreciation over an extended period signals sustained investor confidence and a willingness to pay a premium for future growth. ATRO exemplifies this, having delivered an impressive gain of 17.3% over the past 12 weeks. This substantial move indicates a established bullish narrative that has attracted consistent buying interest. However, longer-term strength must be validated by recent momentum to ensure the trend remains active. A trend that has stalled or begun to reverse on a shorter timeframe can negate the longer-term view. Crucially, ATRO has maintained its upward trajectory in the near term, posting a further 1.5% increase over the past four weeks. This confirms that the bullish impulse is not only intact but continues to drive the stock price higher, reducing the risk of entering during a consolidation or distribution phase. Further reinforcing the bullish technical picture is ATRO's proximity to a key breakout level. The stock is currently trading at 96.8% of its 52-week High-Low Range. This positioning suggests it is testing a major resistance threshold; a successful breach above this level could catalyze the next leg of the uptrend as new buying interest is triggered. From a risk management perspective, the chart structure provides clearly defined support zones that can serve as logical areas for trend validation or stop-loss placement. These critical support levels are identified at $50.00, $45.00, and $42.50. A pullback that holds above these levels, particularly the higher ones, would be consistent with a healthy uptrend. Conversely, a decisive break below could signal a change in trend dynamics. Given this configuration of sustained momentum, high-range positioning, and defined support, a strategic price target for taking profits is established at $60.00. This objective balances the potential for continued trend progression with a disciplined approach to capturing gains. In summary, Astronics Corporation (ATRO) presents a textbook case for trend-following strategies. It combines a strong longer-term uptrend with confirmed short-term momentum, trades at a bullish extreme within its yearly range, and offers a clear technical framework of support and resistance. This confluence of factors suggests the trend is indeed a "friend" worth following, with a defined roadmap for entry, risk management, and profit-taking.
NASDAQ:ATROLong
by KalaGhazi
EURUSD Trendline Break - Bearish BiasHello Traders! 👋 What’s your outlook on EURUSD? EURUSD showed a sharp reaction after testing a key resistance area and has since moved into a correction. The pair has breached its short-term upward trendline, indicating a possible change in structure and a loss of bullish strength. We anticipate price to retrace toward the previously broken trendline or nearby supply zone. This region may act as a cap, where price could pause and show bearish rejection. Once the retracement is complete, the favored scenario is a continuation to the downside. As long as price stays below the former trendline and resistance area, bearish momentum is likely to remain in control. Don’t forget to like the idea and share your views in the comments! ❤️
Short
by SmartEdgeTrading