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Harmonic Patterns

CAD/CHF – Bearish Continuation Setup🔍 **CAD/CHF – Bearish Continuation Setup** The CAD/CHF pair is set up for a continuation of its bearish trend, with the macroeconomic calendar showing no major events for either currency that could disrupt technical flows. Canadian Housing Starts data is minor, and there is nothing significant for the Swiss franc, making this an ideal week for technical setups. On the daily chart, CAD/CHF is firmly bearish, showing persistent lower highs and lower lows as price rides down a well-defined channel. Attempts to rally have consistently failed at order blocks located in premium zones, with each mitigation quickly sold into by institutional players. This is confirmed by the repeated sweeps of liquidity above prior highs before price resumes its decline. The H1 and M15 timeframes show precise execution of smart money concepts: the most recent rally into premium was met with an aggressive bearish rejection, break of structure, and clear loss of bullish momentum on the RSI. The structure remains bearish and intact, with no signs of exhaustion or reversal. Given the overall technical picture and the lack of upcoming news, the most probable scenario is continued movement lower into unmitigated discount zones. Traders should look to enter short on pullbacks to premium order blocks, with stops placed above the most recent liquidity highs, and targets set at well-defined support and imbalance zones below. **In summary:** CAD/CHF remains a sell this week, as bearish momentum and smart money distribution dominate. The lack of news supports pure price action trades, making this an attractive opportunity for SMC-based strategies. ---
Short
by cdsolta
AUD/NZD – Smart Money Rejection Setup🔍 **AUD/NZD – Smart Money Rejection Setup** AUD/NZD is consolidating after forming a clear bearish structure on the daily and 1H timeframes. Price recently swept liquidity above the previous day’s high and rejected strongly from the premium zone. On M15, we observed a CHoCH and BOS, with a bearish rejection candle confirming redistribution. RSI has flipped downward, reinforcing bearish intent. 🎯 Risk-Reward: 1:3+ 🧠 With no major macroeconomic drivers this week, this setup favors pure technical structure based on Smart Money concepts. Execution should follow mitigation confirmation.
Short
by cdsolta
GBPUSD - Still Bullish - Dont trap your self ! Hi Guyz, welcome to other episode of analysis for GBPUSD. From our 1H chat, it is seen that as per DOW Theory, the market has broken the HL and it seems like market has entered into the bearish trend However, the catch is there is no divergence followed by the break of HL. It implies that market is taking a corrective move, which is 50 percent of FIB level. Thus, there is a formation of AB=CD harmonic pattern. we plan our entry on the break of "B" point and projected TP in our case is "D" point. stop loss is placed beneath HL as marked.
Long
by ProTradeProfessor
USDJPY H1 I Bullish Bounce Off the 50%Based on the H1 chart analysis, the price is falling toward our buy entry level at 143.74, a pullback support that aligns with the 50% Fibonacci retracement. Our take profit is set at 144.79, an overlap resistance. The stop loss is placed at 143.29, a pullback support. 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.
Long
by Tradu
Is this week a chance for gold to break through 3,500? ⭐️Gold Information: Gold prices surged for the third consecutive trading day on Friday as geopolitical tensions intensified after Israel launched a military strike on Iranian targets, including nuclear facilities and key leaders. The escalation of the situation triggered widespread risk aversion in global markets, stimulating demand for safe-haven assets. As of the time of writing, XAU/USD was trading at $3,431. Gold surged to a five-week high of $3,446 before giving up gains as traders took profits before the weekend. Geopolitical turmoil, coupled with dovish signals released by recent US inflation data, reinforced expectations that the Federal Reserve may begin to cut interest rates later this year - despite improved consumer confidence. These factors together support the bullish momentum of gold. ⭐️Personal Comment: Continued military tensions next week are a big driving force for gold prices to continue to break through 3,500 . 🔥 Technical aspects: Based on the resistance and support levels of gold prices in the H4 framework, the following important key areas can be identified: Resistance: $3488, $3502, $3562 Support: $3382, $3342
TVC:GOLDLong
by RupertNoel
2
6.16 Can gold reach a new high?6.16 Can gold reach a new high? As the war between Israel and Iran in the Middle East continues to heat up, the international gold price has continued to break through strongly. "Iran is seriously considering whether to block the Strait of Hormuz, said Esmail Kosari, a member of the Iranian Parliament's Security Committee." If the conflict between Iran and Israel continues to escalate in the past two days, gold will continue to hit a new high. If you listened to my advice on Friday and opened a position below 3420, you can pay attention to the support of 3430, because there has been a high move at the opening today, but it only broke through 3450. It proves that the short pressure is very large, and the strength of today's correction will not be small. If the correction breaks through 3430, it may continue to fall to around 3415. At this time, you can continue to increase your position. If the correction does not break through 3430, you can increase your position with a light position. Pay attention to the international situation at any time. The price of gold has been fluctuating at a high level. If it can stand firm, then the recent price of gold at 3500 is not its limit. Thank you for your attention. I hope my analysis can help you.
OANDA:XAUUSD
by EmilyShared256111
Beyond the Headlines - Gold Outlook June 16-20, 2025Beyond the Headlines: Gold's Ascent Amidst Global Shifts & Key Technicals 🌐🚀 Everything about the last week can be found here: OANDA:XAUUSD 💰📈 We all know what's going on, I believe. Israel struck Iran 💥, and this conflict will likely take a bit before things cool down. 🥶 --- ## Geopolitical News Landscape 🌍📰 ### Israel / Iran Since June 12, Israel launched "Operation Rising Lion," targeting Iranian nuclear sites like Natanz and Esfahan – over 128 killed, Iran claims. 🇮🇷 retaliated with missile and drone strikes on Haifa and Tel Aviv, killing at least 10. 🚀 **Outlook:** 🔥 Tensions are spiraling. Without urgent mediation, full-scale regional war remains a real risk. 💣 ### India / Pakistan Since the May ceasefire, few clashes have occurred. However, both navies increased readiness, signaling potential escalation at sea. 🚢 **Outlook:** ⚖️ Peace is fragile. A strategic dialogue is key to avoiding a renewed border or maritime conflict. 🙏 ### Gaza Conflict Between June 7–15, Israeli strikes killed at least 41 Palestinians, including 8 near an aid center in Rafah. Over 55,000 total deaths, and famine is looming. 💔 **Outlook:** 🆘 Gaza remains a humanitarian catastrophe. Global pressure for access and a ceasefire must intensify. 🕊️ ### Russia / Ukraine June 13–15: Russia returned the bodies of 1,200 Ukrainian soldiers in a rare POW swap gesture. 🤝 Fighting remains intense in Sumy and Toretsk; Russia hit a major oil refinery. 🏭 **Outlook:** 🕊️ While symbolic moves continue, no peace is in sight – battlefield outcomes will shape diplomacy. ⚔️ ### U.S. - China Trade War The U.S. hiked tariffs to 55% on key Chinese goods. 🇺🇸🇨🇳 responded with 10% on U.S. imports. Talks yielded a partial truce, but military-use rare earths remain unresolved. 💻 **Outlook:** 🔧 Tech remains the battleground. Without progress on critical materials, the trade war may deepen. 📉 ### Global Trade War The OECD revised global growth downward due to rising tariffs from the U.S. targeting 🇨🇳, 🇲🇽, 🇨🇦. Global trade volume is expected to shrink by 0.2–1.5%. 📉 **Outlook:** ⛓️ Supply chain disruption is spreading. Global trade will stay under pressure without coordinated policy. 🌍➡️🌍 ### Trump vs. Powell Trump labeled Powell a "numbskull" for not cutting rates, suggesting he might "force something" if re-elected. 🗳️ The Fed maintains policy independence ahead of a critical June decision. 🏛️ **Outlook:** ⚔️ Political pressure on the Fed is mounting. Expect more friction as the election cycle heats up. 🔥 ### U.S. Inflation CPI rose 2.4% YoY in May (from 2.3%); Core CPI held steady at 2.8%. Monthly growth was modest at 0.1%. Key rises were seen in healthcare and vehicle prices. 🚗🏥 **Outlook:** Inflation is stable but sticky. 🚦 The Fed will likely hold rates steady until clearer disinflation signals appear. 📊 --- ## Technical View 📐📈 ### Market Structure: Gold shows a clear **bullish market structure** with higher highs and higher lows. ⬆️ Recent price action suggests we're in a strong uptrend with institutional buying pressure. 🏦 ### Key Levels: * The chart shows a significant low around the **$3,245 area** (marked as "Low") which could act as a key institutional support level. 💪 * The current high near **$3,446** represents a potential institutional resistance zone. 🛑 * Look for potential **order blocks** around the **$3,380-$3,400 range** where price consolidated before the recent breakout. 🧱 ### Fair Value Gaps (FVG): There appear to be several gaps in the price action during volatile moves, particularly during strong rally phases. These could act as future support/resistance areas. 📉📈 ### Gann Analysis: The price movement shows strong adherence to Gann principles: * The rally from the low follows a steep angle, suggesting strong momentum. 🚀 * Key Gann angles would place support around the **$3,300-$3,320 zone**. 📐 * The current price near **$3,436** is testing natural resistance levels based on Gann square calculations. 📏 ### Fibonacci Levels: From the significant swing low to the current high: * 23.6% retracement: ~$3,395 📉 * 38.2% retracement: ~$3,370 📉 * 50% retracement: ~$3,345 📉 * 61.8% retracement: ~$3,320 📉 The golden ratio levels suggest key support on any pullback would be around the **$3,370-$3,345 zone**. ✨ ### Institutional Levels: * **Weekly/Monthly Levels:** The **$3,400** and **$3,450** areas appear to be significant institutional levels based on round numbers and previous price action. 🏦💰 * **Smart Money:** The accumulation pattern before the breakout suggests institutional participation. 🧠💡 ### Cycle Timing: Based on the timeframe (appears to be 30-minute bars from May 26-June 15): * We're seeing approximately **3-week cycles** in the major moves. 🗓️ * The current rally phase appears to be in its mature stage. 🌳 * The next potential cycle turn could be approaching, suggesting caution for new longs at current levels. ⚠️ --- ### Trading Considerations: * Watch for rejection at current levels near **$3,446**. 📉 * Key support confluence around **$3,370-$3,345** for potential re-entry. 🎯 * Volume and momentum divergences would be critical for timing any reversal. 📊🔄 Other indicators tend to show bullish scenario enhancements. 🚀 Gold has formed a ** Standard Bullish Flag pattern ** over a time from early April till today. 🚩🐂 Also, the structure of a ** reverse Head & Shoulders ** is existing and has broken the neckline! 🔄🗣️ Another indicator is an existing "** Ascending Bull Flag **." ⬆️🚩 Please take the time to let me know what you think about this. 💬 ------------------------------------------------------------------------- This is just my personal market idea and not financial advice! 📢 Trading gold and other financial instruments carries risks – only invest what you can afford to lose. Always do your own analysis, use solid risk management, and trade responsibly. Good luck and safe trading! 🚀📊
OANDA:XAUUSDLong
by Wick-Sniper
2
Bitcoin at Risk of Major Pullback! Key Support Levels to Watch BTCUSD is showing signs of weakness after rejecting the strong supply zone near $110K. Price has started forming lower highs and currently sits around $104,739, with bearish momentum gradually building. 👀 🔻 If the selling pressure continues, we could see price testing the next key support at $94,444 – a previously strong breakout level. 🚨 A break below $94K could open the way for a deeper correction toward the $76,318 demand zone, which aligns with a prior consolidation base and high-volume node. This level also overlaps with a visible range support and the March-April demand block (orange zone), making it a critical area for bulls to defend. 🔍 Technical Overview: Resistance zone: $109,000 – $110,000 (rejection confirmed) Key supports: $94,444 → retest likely $76,318 → major demand zone + potential long entry Structure: Lower high forming, bearish signals increasing Indicators: Potential bearish divergence forming (RSI not shown but implied) 🧠 What to Watch: Watch for volume spike and candle pattern confirmation on the $94K level. A clean break below $94K with retest could offer swing short setups. Bulls will need to reclaim $110K to regain momentum. 💬 What’s your take? Are we heading for $76K or will bulls defend $94K? Comment below! #BTC #Bitcoin #BTCUSD #Crypto #BitcoinAnalysis #TechnicalAnalysis #PriceAction #SupplyAndDemand #SupportResistance #Bearish #CryptoTrading #SwingTrade #TradingView
BITSTAMP:BTCUSDShort
by FrankFx14
1
Trump's comments boost risk aversionThe 4-hour K-line pattern of gold shows that the upward trend remains intact. The focus of the day is on the strong support range of 3360-3365 (technical resonance with the 5-week moving average). Before the price effectively breaks below the support band, the bulls still have upward momentum, otherwise the trend may reverse. The 3365-3420 range is maintained for the day. In the evening, the gold operation strategy, Mr. Weng, suggested that the callback to the 3370-3375 area should be arranged in batches. If the support of 3360-3365 is broken, add positions to go long. Operation strategy: 1. It is recommended to go long at the callback to 3370-3375 for gold now, and add positions to go long at the support level of 3360-3365, with a stop loss at 3352 and a target of 3380-3420.
OANDA:XAUUSDLong
by BarnettWolf
Bullish Cypher Pattern Forming on JUPUSDT (4H)A textbook bullish Cypher pattern has completed at point D, showing clear harmonic symmetry and strong reaction from a key confluence support zone. 🔍 Pattern Breakdown: XA leg shows strong impulsive movement, confirming initial bullish momentum. AB retracement held near 0.382-0.618 Fibonacci zone, maintaining structure integrity. BC extension reached over 1.272, validating Cypher geometry. CD leg perfectly aligns at the 0.786 XA retracement – a typical Cypher completion point. 📉 Price is currently respecting the support and forming a potential reversal zone, with early signs of bullish momentum building. If price breaks the descending trendline, we could see a strong upside continuation. 📢 Stay ahead of the market with real-time updates, live trade setups, and detailed chart breakdowns. 🔥 Join my FREE Telegram community now: 👉 t.me
Long
by cryptofxskfalcon
2
Render (RNDR/USDT) – Cypher Pattern Formed on 4H TimeframeA bullish Cypher harmonic pattern has completed on the 4H chart of RNDR/USDT. This technical structure suggests a potential reversal from the recent bearish move. 🧩 Pattern Details: XA leg: Strong bullish impulse AB retracement: 38.2% of XA BC extension: 1.62 of AB CD completion: Near 78.6% of XC – a textbook Cypher pattern 🔑 Key Fibonacci Levels: AB = 0.378 BC = 1.62 CD = 0.683 – 0.786 D point (Potential Reversal Zone): $3.28 📈 Bullish Expectation: If price holds above the D point and confirms support, possible targets are: TP1: $4.50 TP2: $5.20+ 🛡️ Risk Management: Place stop loss below $3.00 (below pattern invalidation) Wait for confirmation (bullish candle, volume spike, etc.) before entering --- 📢 Join my free Telegram community for real-time trade setups, updates, and market analysis: 👉 t.me
Long
by cryptofxskfalcon