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Harmonic Patterns

Bullish bounce?The Swissie (USD/CHF is reacting off the pivot and could potentially rise to the 1st resistance that aligns with the 38.2% Fibonacci retracement. Pivot: 0.8213 1st Support: 0.8116 1st Resistance: 0.8357 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given 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 only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or 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 and 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 ICmarkets
1
Gold fluctuates at high levels and washes out repeatedly!The Asian and European sessions fluctuated repeatedly and stabilized above 3360. In the evening, the US session fell slightly and stabilized at the 3360 mark, ushering in a bottoming rebound. The daily K-line closed at a high level. The daily structure closed at a high level. It closed a little stronger, and the weekly line reached a high for the second time. It has not yet formed a high and fall. The continuous form is impacted by the news, waiting for further confirmation of the form. The previous wave of strong rebound in the 4-hour chart of gold, the overall gold price rebounded in the short term for two consecutive trading days, and yesterday it was under pressure and fell. The situation of shock, but now it has formed a stage support area above 3360. After the opening of the Asian session, the gold price rose strongly and returned to above 3390. At present, it has reached 3415. Pay attention to the support level of 3360 below. If the support is effective, the gold price is expected to rise again. If it enters a shock wash, it is recommended to adopt the idea of ​​selling high and buying low. Therefore, the current trend, people who like shocks feel very comfortable, and people who look at one side feel uncomfortable. The early trading operation is still in the range of 3420-3360, and a new layout will be made after breaking through! Overall, the short-term operation strategy of gold is recommended to be short-selling on rebounds and long-selling on pullbacks. The short-term focus on the upper side is the 3420-3438 line of resistance, and the short-term focus on the lower side is the 3350-3360 line of support.
OShort
by KittyBaldwin
USDCHF H4 I Bearish DropBased on the H4 chart, the price is approaching our sell entry level at 144.30, a pullback resistance that aligns close to the 50% Fibo retracement. Our take profit is set at 142.61, an overlap support. The stop loss is set at 145.49, a pullback resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by Tradu
Gold fluctuates and waits for interest rate decisionAfter gold quickly rose and fell in the morning today, it basically began to fluctuate sideways. Of course, this is also in preparation for the heavyweight data of the Federal Reserve's interest rate decision. The early pullback of gold at the hourly level has double-needle support near 3360, followed by yesterday's Asian session pullback near 3350. The U.S. session mainly focuses on the range of this position. In general, the short-term idea before the interest rate decision is to focus on the high-selling and low-buying operations in the range of 3350 to 3400. If it falls below the support of 3350, it is recommended to directly chase the short position and pay attention to the key support of 3290 below. On the whole, the short-term operation strategy for gold is to mainly short on rebounds and to go long on pullbacks. The short-term focus on the upper side is the 3400-3405 line of resistance, and the short-term focus on the lower side is the 3350-3300 line of support.
OANDA:XAUUSDLong
by KittyBaldwin
1
Gold price plummets, gold analysis and layout!Focus on two positions: the first position is the upper 3360 line of pressure, the low point breaks the support and turns into pressure, and the top and bottom conversion position rebounds and touches it, so it is still bearish. The second position is 3305, which is the second starting point of the strong rise in the previous two days. According to the drop of 100 US dollars from 3415, it is at 3315. The drop exceeds 100 US dollars, and there is basically no problem in rebounding. Therefore, we can expect a rebound around the 3305-3310 area below. The probability of falling below 3300 is not high, and it is easy to come up even if it goes down.
FOREXCOM:XAUUSDLong
by BlairClara
LITCOIN SIGNALSHello dears You see that after a good growth, the price was in a range and then we had a decline until the support area was identified, which is also a good area and it was able to record a new ceiling, which is a good sign. Now the best and least risky thing is to buy steps. We have identified the buying steps for you and the targets... Note that this analysis is in daily time and may take a while, so if you are not patient, do not enter. *Trade safely with us*
Long
by TheHunters_Company
Solana - This just faked out literally everybody!Solana - CRYPTO:SOLUSD - just faked out literally everybody: (click chart above to see the in depth analysis👆🏻) Over the course of the past 25 days, Solana dropped a significant -30% and wiped out a ton of bulls before creating a complete reversal. Especially with the current horizontal support level, bulls are taking over again, offering us another major crypto trading opportunity. Levels to watch: $120, $250 Keep your long term vision! Philip (BasicTrading)
CLong
by basictradingtv
11
XAU/USD Live Market Breakdown – May 8, 2025📊XAU/USD Live Market Breakdown – May 8, 2025 🔹Current Price: 3,337.40 🔹Timeframe: 15M 📌Key Supply Zones (Resistance): 🔴3377–3382 – Major Supply Zone (previous BOS area) 🔴3362.85 – Minor intraday resistance (price failed to hold) 📌Key Demand Zones (Support): 🟢3272–3277 – Fresh demand; wait for confirmation before long 🟢3310.01 – Minor reaction area 🟢3274.13 – Deeper support if sell-off continues 📉Current Outlook: Gold broke below multiple internal demand zones, confirming bearish momentum. Now trading inside the 3272–3277 HTF demand. This is a key zone to monitor for reversal or further breakdown. 📈Bullish Scenario: Price must show bullish confirmation (engulfing/BOS) from 3272–3277 to consider long positions. Without confirmation, bias remains bearish. ⚠️Strategy Tip: ✅Wait for lower-timeframe BOS or CHoCH in green zone ✅Don’t catch falling knives – wait for confirmation ✅SL must go below zone; TP can target 3362 short-term #XAUUSD #SmartMoneyConcepts #PriceAction #BreakOfStructure #GoldTrading #IntradaySetups #FXFOREVER #DemandZones #WaitForConfirmation
OANDA:XAUUSDLong
by FXFOREVER_87
COINBASE Can the 1D MA50 catapult it to $400?Coinbase (COIN) has been trading within a Fibonacci Channel Up ever since the Bull Cycle started on the January 06 2023 market bottom. The price made a Double Bottom on April 07 following the correction from its most recent High in early December. That is a strong long-term market Support and a clear Demand Level as the stock's immediate rebound showed. The fact that it has currently flipped the 1D MA50 (blue trend-line) into a Support and is consolidating is a clear signal of a Re-accumulation Phase. A break above its 1D MA200 (orange trend-line) will technically confirm the extension of the new Bullish Leg. The previous High was on the 0.786 Fibonacci Channel level and the one before that on the 1.0 Fib. If this declining rate continues, we should be expecting the next High to just hit the 0.618 Fib. As a result, we have $400 as a medium-term Target, slightly above the stocks previous All Time High (ATH) at $370. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NLong
by TradingShot