Get started

Harmonic Patterns

Bearish reversal off pullback resistance?GBP/JPY is rising towards the pivot and could reverse to the 1st support, which is a pullback support. Pivot: 94,255.27 1st Support: 80,712.26 1st Resistance: 106,846.29 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
ICMARKETS:BTCUSDShort
by IC Markets
Gold leaves a gap open at $4,332We have witnessed a gap open from the Friday night close of $4,332. This is the result of traders seeking safe-haven after Trump's unprecedented intervention in Venezuelan politics. We have broken out of a bullish reverse Head-and-Shoulders formation to the upside. This pattern has a measured move target of $4,530. Intraday support is located at $4,356. Conclusion: although the Head-and-Shoulders formation offers a mild bullish bias, this pattern is stronger at the base of a medium-term trend. There is ample scope for a move in either direction. The preferred stance would be to buy into dips. (edited)Monday, 5 January 2026 06:40
OANDA:XAUUSDLong
by IanColeman
XAUUSD TRADE SATUP READ CAPTION Entry Zone (ENTER LAYER) The purple horizontal zone is where the trader plans to: Enter sell positions in layers (not all at once) The small zig-zag drawn shows price consolidation / fake breakouts before dropping. Stop Trade Area (STOP LOSS) The red zone above is the STOP TRADE AREA. If price breaks and holds above this zone, the sell idea is invalid. 👉 This protects against strong bullish continuation. Target Point First First partial profit Conservative target after breakdown 🎯 Target Point 2nd Deeper pullback Captures more profit if momentum increases 🎯 Last Target Point (~4,350) Full trend retracement target Strong support zone 📉 The black curved arrow shows the expected price path downward.
TVC:GOLDShort
by Ghusy_jan
DOGE / USD — Sharp Rebound Signals a Shift in Market ToneDOGE has staged a decisive rebound from a prolonged corrective phase, with price accelerating higher after reclaiming its short-term mean. The recent expansion stands out relative to prior sessions, suggesting a meaningful change in short-term market tone rather than routine noise. Price has shown clear interaction with volatility-adjusted reference zones, confirming that expansion is active. These levels are not signals, but contextual markers that help illustrate how price is responding to changing volatility conditions. Momentum has turned upward from lower territory and is now elevated. The projected momentum path highlights a timing window ahead where momentum may pause or cycle, offering insight into when conditions could evolve rather than forecasting direction. As long as price holds above recent reaction areas, the rebound structure remains intact. A loss of these levels would shift focus toward consolidation instead of continuation. Educational analysis only. Not financial advice.
CAPITALCOM:DOGEUSD
by Dinjin
GBP/USD – 4H Structure-Based AnalysisGBP/USD – 4H Structure-Based Analysis Market Structure Price was in a clear bullish structure supported by the ascending red trendline. That structure has now failed: Price broke below the red trendline Followed by acceptance below it, confirming loss of bullish control. According to 4H trendline rules, this signals a bearish transition phase. Key Levels First yellow level (~1.3418) Acts as near-term structural support Currently being tested after the trendline break Second yellow level (~1.3306) Next major support and structural objective Aligns with prior consolidation and trendline intersection Conditional Scenario (Main Focus) If the first yellow level breaks A 4H close below the first yellow line confirms: Continuation of bearish momentum Acceptance below former structure support Once confirmed, probability increases for a move toward the second yellow level. This move would be: Structure-driven Continuation, not a reversal trade Alternative Scenario If price holds above the first yellow level: A short-term consolidation or corrective bounce is possible However, any upside remains corrective while price is below the broken red trendline No bullish structure is valid unless price reclaims and closes above the red trendline. Conclusion Structure: Bearish after trendline break Trigger: 4H close below the first yellow level Outcome if confirmed: High probability continuation toward the second yellow level Invalidation: Reclaim of the red trendline on 4H close This is a clean continuation setup based on structure and confirmation, not anticipation. — Avo.Trades
Short
by Avo-Trades
XAUUSD weekly (05.01 - 09.01)-Market Formation: Gold has been in a clear upward trend since August of last year, accompanied by strong corrective moves. Each correction has been followed by a prolonged period of range consolidation, leading to further growth. Given recent geopolitical events, there is a high probability of a new bullish trend emerging. -Projected Scenario: The primary targets remain at the psychological levels of 4440 and 4500. Upon reaching these marks, a short-term correction is likely due to the liquidation of short positions and profit-taking by market participants. -News Background: The key economic event of the week will be the U.S. Non-Farm Payrolls (NFP) report on Friday, January 9th. Weak employment data could soften the dollar and provide gold with fresh upward momentum. Geopolitics continue to provide significant support for the "bulls." The recent escalation of tensions in Venezuela is driving investors toward risk-off assets. Overall, moderate volatility is expected until Friday, with the most significant price action likely occurring toward the weekly close following the U.S. news releases.
OANDA:XAUUSDLong
by Viatre
1
Faling towards key support?Cable (GBP/USD) is falling towards the pivot and could bounce to the 1st resistance. Pivot: 1.3296 1st Support: 1.3188 1st Resistance: 1.3545 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
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
XAUUSD 1H Corrective Structure After 4550 RejectionXAUUSD on the 1H timeframe is trading in a corrective phase following a sharp bearish move from the 4550 supply zone. The clear rejection from this level confirmed higher timeframe selling pressure and resulted in a short-term structure shift, as price failed to maintain acceptance at higher levels. After the decline, price stabilised and formed a fresh 1H demand zone around 4273, where buying interest emerged and downside momentum slowed. This area is now acting as a short-term base. As long as price holds above 4270, the likelihood of immediate continuation lower remains limited, favouring consolidation or a corrective recovery. From a structural perspective, Gold is attempting to form a higher low, supporting the idea of a short-term rebalance toward internal liquidity. If session participation improves and follow-through develops, price may rotate toward the 4330–4380 region, which aligns with previous intraday reactions and represents the first upside area of interest. Above this zone, 4430 stands out as a higher-timeframe decision level. This area contains prior reactions and visible supply clusters, making it a key level to monitor for either extension of the corrective move or renewed selling pressure. This analysis is shared for educational purposes only, focusing on price structure and supply demand behaviour. Always wait for confirmation and apply proper risk management.
OANDA:XAUUSDLong
by SwingTrade_Concept
EUR/USD – 4H Structure Analysis Market StructureEUR/USD – 4H Structure Analysis Market Structure The primary bullish red trendline has been clearly broken with a 4H close below. A retest attempt failed, confirming loss of bullish structure. According to the 4H trendline scaling logic: Structure has transitioned from bullish → bearish trigger phase Bullish bias is invalid unless price reclaims and closes above the red trendline, which has not occurred. Current Price Behavior Price is trading below the broken red trendline, maintaining lower highs. Momentum is shifting downward with no structural bullish confirmation. The yellow horizontal level (~1.1636) is a key structural support, not yet decisively broken. Scenarios Scenario 1 – Bearish Continuation (Primary) A 4H close below the yellow support confirms continuation. Downside extension targets: The descending green trendline (next major structural support). This aligns with: Broken bullish structure Failure to reclaim trendline Continuation within a broader descending channel Structure remains bearish until invalidated. Scenario 2 – Corrective Pullback (Secondary) A short-term reaction from the yellow level is possible. Any upside move remains corrective only while price is below the red trendline. Without a 4H close back above the red trendline, no trend reversal is confirmed. Invalidation Conditions Bearish bias is invalid only if: Price closes on 4H above the red trendline Structure re-establishes higher highs Until then, bullish scenarios are structurally unsupported. Conclusion Structure: Bearish (post-trendline break) Bias: Sell-side dominance below red trendline Key Confirmation: 4H close below yellow support Next Structural Objective: Descending green trendline This is a structure-based continuation setup, not a reversal environment. — Avo.Trades
Short
by Avo-Trades
Gold Price Forecast for Today (January 7th)Gold Price Forecast for Today (January 7th) Overall, gold prices are likely to continue their upward trend today, potentially testing key resistance levels within a certain range. Core Basis: The medium- to long-term bullish outlook for gold remains solid, but in the short term, gold faces technical selling pressure due to early-year fund portfolio adjustments. Saxo Bank points out that this portfolio adjustment could lead to approximately $5.5 billion in gold selling pressure. Meanwhile, gold prices are at historical highs, and any sensitive reaction to US economic data (such as employment and inflation) could exacerbate market volatility. Key Price Levels: Upside Resistance: First, $4500/oz (a significant psychological level that has previously triggered sharp price declines), followed by the historical high near $4550. Downside Support: The $4350 to $4380 range is a key support level in the near term. A break below this level could lead to further declines towards $4250. From September to December last year, I shared 1-2 trading signals daily on my public channel, totaling over 150 high-quality signals with a win rate exceeding 85%. Over the past four months, each order has generated over $90,000 in profit. All data is accurately recorded in my spreadsheet, all signals are shared in real-time, and all have proven effective. Welcome to discuss and share valuable insights. Today's Trading Strategy Reference: Intraday Support Levels: First Support Level: 4450-4460 area. This is the low point of last night's pullback and the area where some upward pullback is expected this morning. A break below this level will weaken the upward momentum. Key/Strong Support Levels: 4430-4440 area and the psychological level of 4400. This is a key dividing line for judging whether the short-term trend will weaken. In summary, today's market is likely to exhibit a "consolidation at high levels, seeking a breakout" pattern, with two main possible scenarios: Strong Move (Slightly Higher Probability): Gold prices will find support in the $4450-$4470 area and repeatedly test the $4500 level. If market sentiment (geopolitical risk aversion or expectations of interest rate cuts) strengthens further, or positive news stimulates the market, gold prices may effectively break through $4500 and potentially rise further to $4520-$4550. Pullback (Caution Required): If the $4450 support level is broken, gold prices may fall back to the $4430-$4400 area. Given market expectations for US employment data and the lack of further escalation of geopolitical tensions, this pullback is more likely. Please follow my channel for the latest trading strategies and signals. Thank you for your attention.
OANDA:XAUUSD
by Gold_Guide007
ARB/USDT - Falling Wedge: Trend Reversal or Consolidation?ARB/USDT on the 2-Day timeframe is trading within a medium-term corrective structure after a prolonged bearish move from mid-2025. Price action is now compressing inside a Falling Wedge pattern, indicating a gradual reduction in selling pressure. Currently, price is hovering near the lower boundary of the wedge, a critical zone that often acts as a decision area between a bullish reversal breakout or a bearish continuation if the structure fails. --- Chart Pattern Explanation Falling Wedge (Bullish Reversal Pattern) Formed by lower highs and lower lows with contracting price range The upper trendline slopes downward with decreasing momentum The lower trendline also slopes downward but with weaker selling pressure This pattern often appears at the end of a downtrend A confirmed breakout above the upper wedge trendline usually signals a trend reversal or strong bullish retracement. --- Key Levels Resistance Levels: 0.2450 → Key breakout resistance (wedge invalidation level) 0.3050 → Major resistance / mid-range supply zone 0.3600 – 0.4560 → Strong distribution area 0.5850 → Upper structure / extreme bullish target Support Levels: 0.2180 – 0.2000 → Current short-term support inside the wedge 0.1600 – 0.1350 → Structural support zone 0.1049 → Historical low / last strong demand area --- Bullish Scenario Price holds above the 0.20 support zone Clear breakout above the Falling Wedge upper trendline Strong candle close above 0.2450 Bullish Targets: 1. 0.3050 2. 0.3600 3. 0.4560 4. Maximum extension: 0.5850 ➡️ This scenario confirms a bullish reversal from the Falling Wedge, especially if supported by increasing volume. --- Bearish Scenario Price fails to hold the 0.20 support Breakdown below the lower wedge support Strong candle close below 0.1600 Bearish Targets: 1. 0.1350 2. 0.1150 3. 0.1049 (previous low) ➡️ This indicates pattern failure, opening the door for bearish continuation toward historical demand zones. --- Conclusion ARB/USDT is currently trading at a critical structural zone. A confirmed breakout from the Falling Wedge favors a bullish reversal or strong recovery move Failure to hold key supports would invalidate the pattern and resume the dominant downtrend Waiting for a confirmed breakout or breakdown is crucial for risk management. --- #ARBUSDT #ARBITRUM #CryptoAnalysis #TechnicalAnalysis #FallingWedge #AltcoinTrading #MarketStructure #SupportResistance
Long
by CryptoNuclear
xagusd set to pullbackas per last idea we achieved our target to complete the larger time frame bat at the .886 retrace. things are setting up for a consolidation pullback between the .886 retrace and the 1.13 extension. (looks like we pulled back immediately off the .886, but given the excitement I wouldn't be surprised to see a push higher into the reversal zone. a close on the 1 hour over the 1.13 would negate the trade otherwise looking for a pullback to at least the .382 retrace.
CAPITALCOM:SILVERShort
by sodapop4d
UPDATE GOLD TODAY / January 7 Technical Analysis: Gold's uptrend remains intact, supported by strong upward momentum. The Relative Strength Index (RSI) is approaching overbought territory, suggesting further upside potential. The first key resistance level for gold is $4,500. While there has been a short-term breakout, this level has not been sustained. A break above $4,500 would target the all-time high of $4,549 reached last December. Conversely, a break below $4,450 could pave the way for a move towards $4,400. A break below $4,400 would target the 20-day moving average at $4,381, followed by $4,350. The recommended trading strategy is to maintain buy orders.
OANDA:XAUUSD
by Richard_Gold
CKB/USDT - Major Support Before Potential Reversal or Breakdown?CKB/USDT on the Weekly timeframe remains in a long-term downtrend, characterized by a clear sequence of Lower Highs (LH) and Lower Lows (LL) since the 2021–2024 peak. Price is currently revisiting a major historical demand zone that has previously triggered strong market reactions. The yellow zone at 0.00278 – 0.00223 represents a multi-year structural support. Price behavior within this area will be decisive in determining whether CKB forms a long-term accumulation base or continues its distribution phase toward new lower lows. --- Structure & Technical Pattern 1. Long-Term Descending Structure Price continues to print lower highs after failing to sustain above the 0.018 – 0.0075 region. Every upward move so far has been corrective in nature (dead cat bounce). 2. Major Demand Zone (Accumulation Area) This yellow zone has been tested multiple times: Late 2022 Early 2023 Early 2026 (current) The more frequently a zone is tested, the more critical the reaction becomes. 3. Range Breakdown Context The 0.00385 – 0.00340 area previously acted as minor support and has now flipped into resistance. A valid breakdown from this range confirms ongoing seller dominance. --- Key Levels Support (Demand): 0.00278 – 0.00223 → Major Weekly Demand Zone 0.00192 – 0.00139 → Historical extreme lows (if demand fails) Resistance: 0.00340 – 0.00385 → Minor resistance 0.00620 – 0.00750 → Mid-range resistance 0.01820 → Major supply / distribution zone --- Bullish Scenario A bullish case is structurally valid only if: 1. Price holds firmly within the 0.00278 – 0.00223 demand zone 2. Signs of strength appear: Weekly rejection with long lower wicks Base-building / sideways consolidation 3. A strong weekly close above 0.00385 Bullish Targets (Step-by-Step): 0.00385 – 0.00450 0.00620 – 0.00750 0.01000+ (only if weekly structure shifts bullish) Note: > This is a mean reversion scenario, not an aggressive trend reversal. Suitable for long-term accumulation, not impulsive entries. --- Bearish Scenario The bearish scenario becomes strongly confirmed if: 1. A clean weekly close below 0.00223 occurs 2. The yellow demand zone fails to hold 3. No significant buyer reaction emerges Bearish Targets: 0.00192 0.00160 0.00139 (historical low) A breakdown below this support opens the door to a capitulation phase, with limited historical support beneath. --- Conclusion CKB/USDT is currently trading at a critical long-term decision zone. The 0.00278 – 0.00223 area represents the last major buyer stronghold on the weekly structure. Holding this zone → accumulation potential and relief rally Losing this zone → high risk of bearish continuation Waiting for weekly confirmation is strongly advised rather than reacting emotionally to lower-timeframe candles. --- #CKB #CKBUSDT #NervosNetwork #CryptoAnalysis #TechnicalAnalysis #WeeklyChart #DemandZone #SupportResistance #Downtrend #AccumulationZone #AltcoinAnalysis
Long
by CryptoNuclear