Harmonic Patterns
$DAL Iron Condor Trade expiring 7/18 (36 days)NYSE:DAL
+1 $60 call 7/18
-1 $57.5 call 7/18
{current share price: ~$49]
-1 $42 put 7/18
+ $42 put 7/18
Credit (as of 6/12 close): ~$50
Collateral: $250
Risk:Reward = 4:1
BTC - No champange toast Well, that was unfortunate. BTC too the very beating that was forecasted. Demonstrating the power of the combined methods that I use. Murrey Math, Elliot Wave, and K wave ( Kumar Wave ) We have a small chance, in the low single digits to recover from this. But the Lions share of probability remains with the Re test down toward $84k. I will update more later. That chart is in my profile. Good luck.
Gold market analysis and trading strategiesGold market analysis and trading strategies
Core view: Super sweeping market continues
Large cycle pattern: Gold is in a sweeping stage, lacking trend direction, similar to the long-term shock after the peak in 2011 (lasting nearly 20 months).
Current fundamentals (geopolitical conflicts, inflation data, Fed policy expectations) support this violent fluctuation.
Short-term characteristics: straight upward, frequent V-shaped reversals, rhythm control is more important than direction judgment, and we need to be vigilant against sudden news-induced surges and plunges.
Review of major influencing factors
China-US negotiations: No specific details have been announced, but the market's sensitivity to trade relations still exists.
US CPI data: slightly lower than expected, Trump called on the Fed to cut interest rates by 1%, strengthening easing expectations, which is good for gold.
Middle East situation: The United States evacuated its citizens from Bahrain and Kuwait, the Iran-Iraq crisis escalated, and the geopolitical risk premium pushed up gold prices.
Technical analysis
1. Daily level
Pattern: The big positive line broke through the key resistance level of 3360 points, confirming the short-term bullish momentum.
Support level: 3360-3345-3320
Resistance level: 3390-3395.
Potential path: If it stands above 3360, it may rise to 3400+ (target 3415, 3440); if it falls below 3350-45, the risk of a pullback will increase.
2. 4-hour level
Trend: MACD golden cross, trading volume enlarged, moving averages are bullishly arranged, support level: 3369 (MA5), 3350 (MA60).
Key points: 3360-65 is the watershed between long and short positions. If it holds, the upward trend will continue.
3. Hourly chart
Short-term signal: MACD golden cross, but STO is overbought, be wary of a high pullback. 3362 is the direct support level, and a breakout of this level may lead to a pullback to 3348-50.
Trading strategy recommendations:
Long strategy
Active long orders: enter the market in the 3360-65 area, stop loss of $5 (fall below 3360), target 3375-3388-3395-3405.
Steady long orders:
Long orders at 3345-3350, stop loss at 3339, target above 3360.
Short order strategy:
Short-term pullback: short light positions when stagflation in the 3396-3400 area, stop loss 3405, target 3380-3360.
Trend short orders: layout in batches in the 3413-3430 area, stop loss set above 3440, target 3400-3380 (need to match the top pattern).
RIOT / 2hThe rising leading diagonal in wave (1) may have ended with a diagonal as its 5th wave inside at 10.86. And its correction in the same-degree wave (2) may have started its way down.
Trend Analysis >> The trend has turned to correcting down. It might be a relatively deep retracement that takes a few weeks to develop.
The retracement targets >> 8.20 >> 7.93 >> 7.67
#CryptoStocks #RIOT #BTCMining #Bitcoin #BTC
BEST XAUUSD M30 BUY SETUP FOR TODAYGold (XAU/USD) is showcasing strong bullish momentum after breaking above the key resistance zone near $3,404, now acting as fresh support. 🔄 The price formed a bullish structure with clean higher highs and higher lows on the 30-minute chart, confirming buying strength. 🟣 The marked demand zone around $3,392–$3,404 is critical—if price retests and holds this level, we can expect a continuation toward $3,420 and beyond. 🚀📌 Traders should watch for bullish confirmations on pullbacks to this zone for potential long setups. 🧠⚡
WULF / 2hAs anticipated, NASDAQ:WULF has continued to decline 8.7% this week. And further decline of 18% lies ahead to complete an impulse (c) as the last subdivision of the ongoing flat correction of wave b(circled).
The anticipated targets >> 3.45 >> 3.20
#CryptoStocks #WULF #BTCMining #Bitcoin #BTC
If you decided to listen to me you welcome It respected resistance and went straight down like I expected
euro/usdTRADE 5 i belive that e/u is deffently bullish
but i do see a reversal happening allthough i belive this pair to retrace you could catch the pull back to pull the trigger on a new higher higher but i wouldnt personally jump in on the trade on this one i would wait to see where the retracment goes before i jump in remmeber this best part of trading is LEARNING WHEN NOT TO TRADE protect your wealth people i cant stress enought how manyt account i have blown by not knowing when to shut my computer and waiting for a better entry saying that i do belive e/u will go down to come back up lets see where it goes who know I COULD BE WRONG
rippleTRADE 4
i rerally like ripple im normally spot on but ive only traded it a few times i feel like follow the old trade set up i did and follow the bullish into my entry level and pull the trigger on a buy to the take profit margin again
CLSK / 2hAs expected, NASDAQ:CLSK has declined 7.57% in two straight days, and 19% is left to complete the structure of the entire correction in wave ii(circled) in a three-wave sequence >> (w)(x)(y).
The Retracement Targets >> 7.93 >> 7.84
#CryptoStocks #CLSK #BTCMining #Bitcoin #BTC
Bullish bounce?Ethereum (ETH/USD) is falling toward the pivot and could bounce to the 1st resistance which has been identified as a pullback resistance.
Pivot: 2,589.94
1st Support: 2,547.44
1st Resistance: 2,712.37
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.
Potential bearish drop?The Bitcoin (BTC/USD) is rising towards the pivot and could drop to the 61.8% Fibonacci support.
Pivot: 107,000.93
1st Support: 104,300.41
1st Resistance: 108,341.47
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.
Bearish reversal off pullback resistance?USTEC is rising toward the pivot, which serves as a pullback resistance. A reversal from this level could indicate a double top pattern, potentially leading to a price drop to the 1st support.
Pivot: 22,270.83
1st Support: 21,142.23
1st Resistance: 23,070.85
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.
Bearish drop?DAX40 (DE40) is reacting off the pivot which acts as a pullback resistance and could drop to the overlap support.
Pivot: 23,758.06
1st Support: 23,381.73
1st Resistance: 24,078.12
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.
Bullislh continuation?The Gold (XAU/USD) is falling towards the pivot which is a pullback support that aligns with the 23.6% Fibonacci retracement and could bounce to the 1st resistance that lines up with the 100% Fibonacci projection.
Pivot: 3,374.04
1st Support: 3,348.45
1st Resistance: 3,414.78
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.
Bearish drop?USD/JPY has rejected off the pivot which is an overlap resistance and could drop to the 1st support.
Pivot: 143.94
1st Support: 142.68
1st Resistance: 144.52
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.
Falling towards major support?USD/CHF is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 0.8048
1st Support: 0.7994
1st Resistance: 0.8156
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.
High-level chasing risk warningObservation of the hourly gold K-line pattern shows that the current price is still in a fluctuating upward channel. Based on this technical feature, if subsequent data is favorable and pushes gold prices further up, it may form a trading opportunity to arrange short orders at a staged high level. It is important to note that although the gold price surged rapidly after the data was released, it has shown a significant first-line resistance effect in the historical trading intensive range of 3400-3410. Considering that the bullish momentum has not yet broken through the technical conditions of this key pressure zone at this stage, the technical correction of the price after the surge is in line with the logic of price behavior. At the specific operational level, it is recommended to adopt a trading strategy of low-long and high-short with the trend. In the short term, it is recommended to establish short orders when the gold price rebounds to the 3405-3410 area
Operation strategy:
1. It is recommended to short gold near the rebound of 3405-3410, with a stop loss at 3418 and a target of 3380-3360;
Potential bullish rise?The Cable (GBP/ISD) has bounced off the pivot and could rise to the 1st resistance.
Pivot: 1.3580
1st Support: 1.3540
1st Resistance: 1.3662
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.
Bearish drop off pullback resistance?GER40 has reacted off the resistance level which is a pullback resistance that lines up with the 38.2% Fibonacci retracement and could drop from this level to our take profit.
Entry: 23,897.39
Why we like it:
There is a pullback resistance level that lines up with the 38.2% Fibonacci retracement.
Stop loss: 24,321.37
Why we like it:
There is a pullback resistance level that aligns with the 78.6% Fibonacci retracement.
Take profit: 23,138.29
Why we like it:
There is a pullback support level.
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Have a nice BUY GOLD !!Dear traders you can get long on 3382$ Now on GOLD and enjoy.
Huge benefit is waiting for you.
Take care, relax and enjoy
