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Harmonic Patterns

PENGUUSDT Forming Falling WedgePENGUUSDT is currently showing a textbook falling wedge pattern on the daily chart, which is a bullish technical setup often signaling a trend reversal. The price has been compressing within downward-sloping resistance and support lines, and with the wedge tightening, a breakout is becoming more likely. This setup is particularly appealing when paired with the recent increase in trading volume, suggesting accumulation and growing market interest. If a breakout confirms, the projected upside could be in the range of 90% to 100%+ based on historical wedge breakouts and current technical targets. From a volume and sentiment perspective, the coin has seen consistent liquidity, and investor chatter is increasing across forums and social platforms. The consolidation after a previous strong uptrend adds further strength to the setup — a classic "bullish continuation" after a healthy correction phase. Traders often look for such patterns to catch early momentum before a full-scale rally unfolds. In the case of PENGUUSDT, once resistance breaks convincingly, a strong wave upward could follow swiftly. The breakout zone to watch sits slightly above the upper descending trendline, and with price already nudging against it, traders should keep an eye on confirmation candles with strong volume. Given the relatively clean overhead structure, any successful breakout could lead to a quick retest of previous highs, providing significant upside. The 100% profit projection marked on the chart highlights the measured move target, aligning with prior resistance zones. Technically sound and backed by rising interest, PENGUUSDT presents a high-potential opportunity for short-term and swing traders. If momentum continues, this could become one of the top-performing micro-cap plays in the coming weeks. ✅ Show your support by hitting the like button and ✅ Leaving a comment below! (What is You opinion about this Coin) Your feedback and engagement keep me inspired to share more insightful market analysis with you!
Long
by Alpha-GoldFX
GBPUSD – Bullish SymmetryHello traders! We’re tracking a clean bullish AB=CD symmetry pattern on the 2H chart of GBPUSD. After printing a mirror leg into the 1.3516 zone, price reacted off the 200 SMA and has reclaimed the short-term structure, triggering our setup. 🔹 Pattern: Bullish Symmetry (AB = CD) 🔹 Completion Zone: 1.35164 🔹 Entry Level: 1.35415 🔹 Stop: 1.35146 (tight invalidation) 🔹 Target 1: 1.36254 🔹 Target 2: 1.37407 🔹 Extended: 1.38017 If price holds above 1.354 and continues to build above the 200 SMA, we expect momentum to carry toward the 61.8% retracement and higher. This is a textbook structural reversal setup with clear symmetry, tight risk, and multi-level targets. ⚠️ As always, manage your risk. Invalidation below 1.3515 cancels the symmetry thesis. Let’s monitor how this plays out — follow for live updates and more clean chart structures.
Long
by TradeChartPatternsLikeThePros
USDJPY TRADE OPPORTUNITY.This chart represents a short (sell) trade setup for USD/JPY on the 15-minute timeframe. Chart Breakdown: Trendline: A clear descending trendline indicates a bearish market structure. Entry Zone: The price is expected to enter the resistance area (marked as "Entry Zone") around 144.191. Stop Loss (SL): Placed above the resistance zone at 144.529, in case the price breaks out upward. Target 1: 143.744 – the first level of potential profit-taking. Target 2: 143.379 – further continuation of the bearish move. Final Target: 143.076 – the major target if bearish momentum continues. Idea Summary: This setup anticipates that the price will reject the trendline and entry zone and then drop to lower support levels. It’s a classic lower high formation with trendline confluence, aiming for multiple take-profits on the way down.
Short
by mia211wic9
DXY: US dollar To Drop Further Around 95?The US dollar has been steadily declining since the new president was elected in the USA. This decline has been accompanied by the ongoing trade wars. Numerous economic indicators have supported this trend, and we anticipate further depreciation in the coming days or weeks. Before trading, it’s essential to conduct your own analysis and gain a comprehensive understanding of the market. We wish you the best of success in trading. Good luck and trade safely. Like and comment for more, and as always, happy trading! Team Setupsfx_
TVC:DXYShort
by Setupsfx_
4
Will gold continue to rise after a pullback?From the 4-hour market analysis, the support below is around 3408-10, and the short-term bullish strong dividing line moves up to the 3388-93 level. The daily level stabilizes above this position and continues to maintain the same low-long rhythm. Short positions against the trend need to be cautious. There is a high probability that the short-term will continue to rush up to test the previous high. Gold operation strategy: Gold goes long when it falls back to 3410, and goes long when it falls back to 3380, with a stop loss of 3380, and the target is 3445-3450. Continue to hold if it breaks;
FX:XAUUSDLong
by MonaBert
GOLD bearish outlook if the fundamental not involve.This is a smart money concept (SMC) based technical analysis chart for Gold Spot / U.S. Dollar (XAU/USD) on the 1-hour timeframe, showing a bearish market bias. Key Terms & Annotations: BOS (Break of Structure): Indicates a bullish breakout in the earlier phase of the market. $$$ (Liquidity Grab): A sweep of previous highs, used to trap traders before reversing. OB (Order Block): The last bullish candle before a bearish move; potential supply zone. CHoCH (Change of Character): A bearish signal showing potential reversal of trend. EQL (Equal Lows): Liquidity lying below; possible target for price. FVG (Fair Value Gap): An inefficiency in price, where price may retrace to fill the gap. 📉 Trading Idea Summary: The price recently showed a Change of Character (CHoCH) and started moving downward, indicating a shift from bullish to bearish. A bearish order block (OB) and a Fair Value Gap (FVG) zone above current price suggest a potential retracement area before continuing down. The note on the chart says: "If the price breaks out with a strong body, then go for short." Meaning: Wait for price to break below the current support area (EQL) with a strong bearish candle body. If that happens, it's a signal to enter a short (sell) trade. Target zone is marked near 3,374.285, which is the next liquidity level or demand zone. Conclusion: The setup suggests: Wait for a strong breakout below current support. If confirmed, enter a short trade targeting lower liquidity levels. Be cautious if price retraces into the FVG or OB zone, as it may provide another short entry.
OANDA:XAUUSDShort
by m_zeeshan3644
Bearish continuation for the Loonie?The price has rejected off the pivot and could drop to the 1st support which acts as a pullback support. Pivot: 1.3725 1st Support: 1.3430 1st Resistance: 1.3837 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
2
Gold intraday trading strategyToday's technical trend, from the hourly line, it opened slightly higher and hit a high point. The market was resistant to declines and rose in steps; the stochastic indicator on the 4-hour line continued to form a golden cross, which is a main long signal; in terms of form, the continuous positive and broken positive slowly rose, which is a main long signal; the sideways support is the support position of 3425-3428; it is recommended to follow the trend; refer to the retracement support; the upper pressure position is 3488-93; the stochastic indicator in the daily K-line formed a golden cross, which is a main long signal; in terms of form, the continuous positive rise is the main long signal; the upper track of BOLL temporarily stabilized, and the daily K-line is mainly a bullish signal; and in terms of form, the 3488-93 line is not a high point; the stochastic indicator in the weekly K-line formed a golden cross, which is a main long signal; in terms of form, the big positive line rose for the second time. In summary, today's thinking is mainly to continue to rise, and the pullback is a chance to go long! From the 4-hour analysis, the short-term support below is 3425-28, and the key support below is around the recent top and bottom conversion position of 3375-80. The intraday retracement relies on this position to continue to be bullish. Next week, we will focus on the suppression of 3488-93. The daily level continues to maintain the same rhythm of retracement and long positions. Short positions against the trend need to be cautious. Gold operation strategy: Gold retracement 3425-28 line long, stop loss 3314, target 3488-3490 line, continue to hold if broken;
OANDA:XAUUSDLong
by AgnesGreen
1
Is the breakout near?Today’s chart compares Total Crypto Market Cap 🆚 USDT Dominance - two metrics with a clear inverse correlation.🪞 🧠 Simple logic: when USDT.D drops, people are buying crypto and moving out of stablecoins. When it rises — capital seeks safety. Since breaking its downtrend in early April, TOTAL shot up and is now consolidating in a bullish pennant — a classic continuation pattern. 📈 Meanwhile, USDT.D is forming a bearish pennant, signaling potential further downside. 📉 Most are still not ready for what’s coming... 🚀
CRYPTOCAP:TOTALLong
by Alex-Whale
XAUUSD – Can the bulls drive it up to $3,485?XAUUSD is a typical case of a market trading within an ascending channel, with price action consistently respecting both its upper and lower boundaries. As you can see in my analysis, the price has recently broken through an important resistance zone and may return to retest it. If this level holds as support, it will indeed confirm the bullish trend and make the move towards my projected target of 3,485 highly likely, aiming for the next resistance zone at 3,485 and 3,500. If the price remains above this support zone, my bullish outlook remains intact. However, if the price fails to hold above this level, the short-term bullish outlook will therefore be disrupted and may be followed by the next downward retracement.
OANDA:XAUUSDLong
by TyroneConstance
1
Dogecoin Ready for Bounce? Key Demand Zone Holding Strong!DOGEUSD has once again tapped into the high-confluence demand zone near $0.171, where price previously reversed sharply. Bulls are now watching closely for a potential bounce setup, with momentum expected to build into the coming sessions. 👇 🔍 Chart Breakdown: 🔸 Current Price: $0.1713 🔸 Strong Support Zone: $0.1710 – $0.1702 (orange box) 🔸 Mid-Term Resistance: $0.1862 🔸 Major Supply Zone: $0.2004 – $0.2040 Price action is respecting the lower boundary of the demand zone, and if this level holds, we could see a bullish reversal play toward: ✅ Target 1: $0.1862 ✅ Target 2: $0.2004 (supply zone & previous rejection area) 💡 Trade Idea (Not Financial Advice): Watch for bullish candlestick confirmation from this zone. A solid 4H close above $0.175 could trigger upside continuation. 📅 Upcoming Fundamentals: Multiple USD-related events are approaching, which may increase volatility. Stay alert! --- 🐕 Community Insight: Dogecoin remains a community-driven asset with high speculation potential. Combine technicals with sentiment and volume for stronger conviction. 💬 What do you think? Is DOGE ready to bounce or will bears break this zone? Drop your thoughts in the comments! #DOGE #Dogecoin #Crypto #Altcoins #TechnicalAnalysis #SupportResistance #CryptoTrading #PriceAction #TradingView #DOGEUSD #LuxAlgo #BullishSetup
CAPITALCOM:DOGEUSDLong
by FrankFx14
1
Bullish bounce off pullback support?The Swissie (USD/CHF) has bounced off the pivot, which has been identified as a pullback support and could rise to the 1st resistance that aligns with the 61.8% Fibonacci resistance. Pivot: 0.8081 1st Support: 0.7931 1st Resistance: 0.8308 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