Harmonic Patterns
Gold price falls back and continues to go longFrom the 4-hour market analysis, the support below is around 3408-10. 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. The short position against the trend needs to be cautious. There is a high probability that the short-term will continue to rush up to test the previous high.
Gold falls back to 3408-10 and goes long. Fall back to 3388-95 and add to long position. Stop loss at 3384. Target at 3445-3450. Continue to hold if it breaks.
ETH NEXT MOVE The chart shows **ETH/USD (Ethereum to USD)** on the **4H timeframe**, forming a **rising channel** pattern. Here's a breakdown of the analysis:
---
### 🔍 **Pattern Identified**
* **Rising Channel** (also known as an ascending channel):
* **Upper Resistance Line:** Price is currently testing this line.
* **Lower Support Line:** Held multiple times, confirming structure.
---
### 📈 **Current Price Action**
* **Price:** \~\$2,796.7
* ETH is **at the top of the channel**, facing strong **resistance**.
* Recent move was sharp and bullish, indicating momentum.
---
### ⚠️ **Possible Scenarios**
#### ✅ **Bullish Breakout (Less Common in Channels)**
* If price **breaks above** and **closes convincingly above the channel**, especially with high volume:
* Target zones: \$2,900 → \$3,000 → \$3,200.
* Look for **bullish continuation setups** on lower timeframes.
#### ❌ **Rejection from Resistance (More Likely)**
* If price **rejects the top** of the channel:
* Expect a pullback toward the **mid-line** or **lower support** (\~\$2,550 to \$2,400).
* This would offer a potential **buy-the-dip** opportunity.
---
### 📉 **Bearish Confirmation**
* A **breakdown below the lower trendline** (\~\$2,400):
* Invalidates the channel.
* Could trigger deeper correction toward \$2,200 and below.
---
### 📊 **Strategy Suggestions**
#### If Trading the Range:
* **Sell/Short** near top of channel (\~\$2,800), SL above channel.
* **Buy/Long** near bottom of channel (\~\$2,400), SL below channel.
#### If Anticipating Breakout:
* **Wait for retest** after breakout and enter on confirmation.
* Use trailing stops to manage risk.
---
### 🧠 Summary
| Bias | Direction | Reason |
| ------- | ------------- | ------------------------------------------- |
| Neutral | Ranging | Still inside the channel |
| Bullish | Above \$2,850 | Breakout with volume can fuel momentum |
| Bearish | Below \$2,400 | Breakdown from channel means trend reversal |
ETH/USDTEthereum (ETH/USDT) is currently maintaining its bullish momentum above a well-respected ascending trendline that has been active since early April. After a strong breakout above the 2347 level, the price entered a consolidation phase between 2600 and 2800, suggesting that the market is preparing for its next significant move. As of now, ETH is trading near 2627 and forming higher lows, which is a positive sign of buyer strength.
The key support zones are located at 2347 and 2266, while resistance levels to watch are 2768 and 2834. As long as the price holds above the ascending trendline, the bullish structure remains intact. A bounce from the current region, especially near the trendline, may present a favorable long opportunity. In such a scenario, a breakout above 2768 could open the path toward 2834 and potentially higher levels in the medium term.
A suitable long setup would involve entering around the 2620–2640 zone with a stop loss below 2347 to protect against trend invalidation. The first profit target can be set at 2768, and the second at 2834. However, traders should remain cautious: if ETH breaks below the trendline with strong bearish volume, the bullish outlook would weaken, and the price may revisit lower supports. Until then, the market structure favors buying the dips in alignment with the prevailing uptrend.
USD/CHF is on the beginning of a bull runFrom the chart, you can see that usd/chf have just reach the end of the bearish trendline, and its about to fly up.
Reasons
1; double bottom pattern
2; completion of the inner descending triangle
3; pattern inside pattern, which is signal for strong trade
4; formation of outer descending triangle
USDJPY recap + adding GBPUSD In watchlist Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair .
💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.
BTC SHORT TP:105,000 16-06-2025Back from a quick break and we’re jumping straight into action 😎
Short and sweet setup — we’re looking for a fast move down.
Entry: 106,500 – 107,000
Target: 104,800 – 105,100
RR: 3.0 average
Timeframe: 2H
Duration: 20–24 hours
Context: Quick and clean short after a small vacation break — let’s stack more green.
📌 Use a tight stop or adjust based on your strategy.
If the move doesn’t play out within the time range, the setup is invalid.
We don’t use indicators, we’re not out here drawing lines or cute little shapes — I just give you a clean trade.
Crude oil continues to decline - latest market trend analysisThe international oil market is currently experiencing a classic upward cycle of "geopolitical risk premium". In the short term, oil prices will be highly sensitive to any news regarding the security of the Strait of Hormuz. Crude oil has continued its volatile upward trend in the short term, surging to test the price near $74. The moving average system is bullishly aligned with oil prices, and the objective short-term trend direction remains upward.
In early trading, oil prices hit a new high near $75.30, but then surged and fell, closing with a bearish real body K-line. The short-term momentum still favors the bulls, and it is expected that the intraday trend of crude oil will continue to maintain a high-level volatile upward rhythm.
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buy@68.5.0-69.5
TP:73.0-74.0
1000PEPEUSDT Perpetual – Demand Zone Long ReversalThis setup is a long (buy) strategy on the 1000PEPEUSDT.P pair, targeting a potential rebound from a key short-term support zone after a sharp pullback.
Setup Details:
Position: Long
Entry Price: 0.0108444
Stop Loss: 0.0106394
Take Profit: 0.0120046
Risk-to-Reward Ratio (RRR): ~5.66
Timeframe: Likely 1H or 4H based on candle size
Rationale:
Price is approaching a strong horizontal support zone that has held multiple times in the past.
The most recent candle has a long lower wick, indicating buying pressure or rejection of lower prices.
The trade anticipates a quick bullish reaction from this support level.
Take profit is set near a previous minor resistance / swing-high.
Summary:
This is a demand-zone reversal play suitable for scalpers or intraday traders looking for a high RRR bounce setup. Ideal confirmation would be a bullish engulfing or momentum candle forming after entry.
GOLD (XAUUSD) SELL SETUP – Triple Top Rejection Confirmed? Gold is currently testing a strong supply zone near the $3,450 resistance area for the third time. Each test has been followed by sharp rejections, forming a potential triple top pattern, which is a classic bearish reversal signal.
🔵 Key Levels to Watch:
Resistance: $3,450 – Strong supply zone (highlighted blue zone)
Mid Support: $3,032 – Previous structure support & demand
Major Demand: $2,647 – Long-term demand zone (orange)
🔻 Bearish Signals:
Price failed to break above the $3,450 supply zone
Strong bearish wick and rejection candle
Lower highs on RSI/MACD (not shown but worth noting)
📌 Potential Trade Idea:
Entry: Near $3,400–$3,450 zone
Target 1: $3,032 (mid-term support)
Target 2: $2,647 (long-term demand)
SL: Above $3,470 (clear invalidation)
🗓️ As we move toward July, a break below $3,300 could trigger momentum selling down to $3,000 and even $2,647.
💬 What’s your bias on gold this week? Are we heading for a major correction or another bounce?
#Gold #XAUUSD #Forex #TechnicalAnalysis #TripleTop #BearishSetup #SmartMoney #PriceAction #TradingView #LuxAlgo #SwingTrade #Commodities
XAUUSD on bullish reversal H4 Timeframe Analysis
Gold is currently showing a bullish trend holding the Proper rising wedge pattern on H4,although I'm holding my trade from 3382 which is floating 150+ profits towards our Target
Bullish scanario:
I’ve identified my re-entry zones and plan to buy on every dip, focusing on scalping with buy positions only.
3380-3390 is the optimal buying area.
My target towards the $3430-3435 milestone on intraday.
However, if gold closes the H4 below the $3380 level, i will reassess my outlook towards 3355-3360.
Keep in mind market is on bullish reversal.
#XAUUSD
Iran seeks peace, Israel strikes – Gold dip, buy opportunity🌍 Iran's peace overtures sent gold prices plummeting to 3382, but Israel is unlikely to accept the olive branch lightly. With no clear signs of de-escalation in the Middle East situation, it's advisable to continue going long at lower levels 📉→📈
Israeli PM Benjamin Netanyahu vows military strikes will continue until Iran's nuclear program and ballistic missile capabilities are fully dismantled—showing no signs of halting ⚡. While he claims regime change is not the objective, he notes that given the weakness of Iran's leadership, political upheaval could emerge as a collateral outcome of the operations 🌪️
🌍 Currently, only Iran is seeking peace, but Israel won't simply end the war🌍 Currently, only Iran is seeking peace, but Israel won't simply end the war
⚡️⚡️⚡️ XAUUSD ⚡️⚡️⚡️
🚀 Buy@ 3385 - 3390
🚀 TP 3410 - 3420
Accurate signals are updated every day 📈 If you encounter any problems during trading, these signals can serve as your reliable guide 🧭 Feel free to refer to them! I sincerely hope they'll be of great help to you 🌟 👇
Bullish bounce for the Cable?The price is falling towards the pivot which is a pullback support and could bounce to the 1st resistance.
Pivot: 1.3409
1st Support: 1.3108
1st Resistance: 1.3768
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.
Bullish continuation?The Fiber (EUR/USD) is falling towards the pivot which acts as a pullback support and could bounce to the 1st resistance that lines up with the 127.2% Fibonacci resistance.
Pivot: 1.1447
1st Support: 1.1210
1st Resistance: 1.1712
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.
Bullish bounce?The Bitcoin (BTC/USD) is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 101,082.81
1st Support: 94,030.59
1st Resistance: 110,969.18
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.
The chart you've shared is a 15-minute gold (XAU/USD) CFD tradinThe chart you've shared is a 15-minute gold (XAU/USD) CFD trading chart, and it illustrates a bullish trade setup based on price action and possible harmonic or pattern-based analysis. Here's the breakdown of the idea:
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📊 Trade Idea Overview:
Asset: Gold (XAU/USD)
Timeframe: 15-minute
Bias: Bullish (Buy/Long Setup)
---
🔍 Technical Details:
Pattern Observed: Possible double bottom or bullish corrective wave structure (Elliott Wave or ABC correction completion).
Entry Point: Around $3,430.40 (market price at time of setup).
Take Profit (TP): ~$3,450.31
Stop Loss (SL): ~$3,420.03
---
📐 Risk-to-Reward (R:R) Ratio:
Approximately 2:1, indicating a favorable reward relative to the risk.
---
📈 Rationale for Bullish Bias:
Price has completed a series of lower highs and lower lows (a corrective phase).
Price has bounced from a key support zone (~$3,429), suggesting buyers are stepping in.
The blue projection arrow indicates an expectation of upward continuation.
Volume is relatively steady with no significant bearish spike, supporting a potential reversal.
---
✅ Confirmation Indicators (Optional Additions):
You may want to look for:
Bullish candlestick patterns at the entry point (e.g., hammer, engulfing).
RSI divergence or bounce from oversold.
MACD crossover or histogram shift.
Trendline break confirmation on lower timeframes.
---
⚠️ Trade Management Tip:
Consider trailing your stop once price reaches halfway to TP.
Watch for reaction at interim resistance levels (e.g., $3,440 area).
---
Would you like me to generate a trade plan or script this into a trading journal format?
KERNELUSDT Poised for Breakout: Double Bottom Signals ReversalDouble bottom pattern forming on BINANCE:KERNELUSDT on daily with bullish follow-through.
Price approaching downtrend resistance — a breakout could trigger a strong upside move.
Targets on breakout:
🟡 Target 1: 0.2066
🟡 Target 2: 0.2384
🟡 Target 3: 0.2734 (+54%)
Watching for daily close above trendline for confirmation.
#KERNELUSDT #CryptoBreakout #ChartPattern #DoubleBottom #AltcoinAnalysis
$EURUSD Analysis | Bearish Confluences in PlayPEPPERSTONE:EURUSD
The Fiber is currently testing multiple technical barriers, including the golden Fibonacci zone, channel resistance , and bearish harmonic patterns. A lower-degree double top has led to a potential bearish 2618 setup, suggesting short-term downside risk.
📉 Fractal Structure Zones
🔸 Daily fractal resistance (short-term): 1.1631
🔸 Weekly fractal resistance (mid-term): 1.1573
🔸 Intraday resistance (4H): 1.1569
🔸 Intraday support (4H): 1.1523
🔸 Daily fractal support: 1.1371
🔸 Monthly fractal resistance (long-term): 1.1213
🔸 Weekly fractal support: 1.1065
🔸 Monthly fractal support: 1.0177
A rejection below intraday support may validate the bearish setup, while a sustained break above daily resistance would question the harmonic scenario.
Happy Trading,
André Cardoso
Middle East Tensions Soar, Bulls Remain DominantBrief Update on Escalating Israel-Iran Conflict:
On June 14, Israeli forces airstruck Iran's Defense Ministry, nuclear facilities, and oil installations—causing a Tehran residential building to collapse and killing 60 civilians. 💥
Iran fired 50 ballistic missiles into Israel, damaging structures in Tel Aviv. A senior advisor to Iran's Supreme Leader died from injuries; Israel released a hit list of 9 Iranian nuclear scientists. ⚠️
Iran Nuclear Talks Developments:
Iran announced new nuclear safeguards without IAEA notice, warning NPT withdrawal if sanctioned. 🛑
June 15th U.S.-Iran talks canceled. ⏳
The Middle East situation is currently heating up 🌍💥. With the intensifying of geopolitical tensions in the Middle East over the weekend, gold is likely to continue to benefit from the boost of risk-averse sentiment next week and may break through the $3,500 mark 📈. The price of gold will also be affected by the Federal Reserve's decision and Powell's speech during the week 🏛️. In addition, US President Trump will visit Canada to attend the G7 Leaders' Summit from June 15th to 17th, and his speech at that time may also affect the fluctuation of gold prices, which is worthy of attention 🇺🇸🇨🇦
⚡️⚡️⚡️ XAUUSD ⚡️⚡️⚡️
🚀 Buy@ 3410 - 3415
🚀 TP 3480 - 3490
Accurate signals are updated every day 📈 If you encounter any problems during trading, these signals can serve as your reliable guide 🧭 Feel free to refer to them! I sincerely hope they'll be of great help to you 🌟 👇
XAUUSD is on bullish momentum H1 & H4 Timeframe Analysis
Gold is currently showing a bullish trend due to the ongoing Middle East crisis.if th Escalation between Iran & isreal became more tense then focus on buying gold on every DIP.
Bullish scanario:
I’ve identified my re-entry zones and plan to buy on every dip, focusing on scalping with buy positions only.
3380-3390 is the optimal buying area.
At moment 3410 is the buying area because the relative trend line matched at this place.
My target is the potential extension towards the $3480 milestone.
Bearish Scenario:
However, if gold closes the H4 below the $3380 level, I expect it to shift into a ranging market 3380-3330 and I will reassess my outlook towards 3355 1st then 3335 on second target.
#XAUUSD