Init bullish gartley still in tactSpotted this bullish gartley on init. Had good reaction at the D leg. Still intact. As you can see it’s not totally perfect but is very close so should be a powerful harmonic structure.
Harmonic Patterns
Will gold plummet again?From the 4-hour analysis, the current upper pressure of gold is around 3342-3350, and the lower support is around 3305-3298. From the overall trend of gold, it is better to watch more and do less and be cautious in chasing orders at the middle high and low positions. Whether it is short-term or medium- and long-term line chart analysis this week, it is recommended to maintain gold longs, because all factors are biased towards bulls. The bottom-fishing plan will touch the 3300 support and maintain longs.
But that is exactly what you need to start long of your life. Entry:
Futures:
2.90$ Long 50x
3.60$ Long 5x
4$ Long 2x
Spot entry:
3$
4$
5$
Target 80$,100$,300$,600$
XAUUSD needs correction H1 & M30 updated
What possible scenario we have?
Bearish scenario:
-if h4 remains below 3320-3315 stay bearish side and target will have 3290-3280 ,although we are already holding sell from 3328.
Bullish scenario:
-if market again surpass 3330 then buying up to 3360 and 3380 lastly.
Key area: 3330(above bullish)
3320-3325( Below bearish
Crude oil, still bearishAs global supply increases and macro risks rise, the price downside range reappears. If tensions in the Middle East escalate further, it may cause market volatility. The original trend of rising first and then falling today, after the downhill new low, the rise continued, and there was pressure at 57.7. It is expected that there will be shocks and then declines. The original trend is still in a bearish trend, so we consider shorting as the main. Pay attention to the 57.7 resistance and 55.5 support.
Bullish Breakout from Falling WedgeCurrently, the USD/CAD is in a crucial support area. The weakness of the US dollar and the improvement in the fundamental aspects of the Canadian dollar have created a tug-of-war between bulls and bears. Traders are adopting a strategy of selling high and buying low within the range of 1.3760-1.3844. Once the resistance/support level is broken through, they will follow the trend accordingly.
you are currently struggling with losses, or are unsure which of the numerous trading strategies to follow, at this moment, you can choose to observe the operations within our channel.
Gold bulls are back!Gold opened at 3239, and then consolidated in the 3253-3273 area. During the European session, a long positive line stretched upward from 3263, reaching a high of 3318. We need to pay close attention to whether the 3300 mark can be effectively broken. If it fails to break through after 1-2 attempts, it will be considered invalid. From a technical point of view, only by steadily breaking through the 100 mark can the short-term reversal trend be confirmed. In terms of operation, it is recommended to do more on the callback.
After a period of fluctuation, it will continue to decline.WTI crude oil has recouped part of the decline from the sharp drop at the start of this week. It was quoted at $57.55 per barrel during intraday trading. OPEC+ has unexpectedly increased production again, and WTI crude oil has continued the bearish trend that has gradually taken shape since March. With the increase in global supply and the rise in macro risks, the downward price range has emerged once again. If the tensions in the Middle East escalate further, it may trigger market volatility. The eight core member states of the organization, led by Saudi Arabia, have agreed to increase daily production by 411,000 barrels in June, which is the same as the unexpected production increase in May. The cumulative production increase now exceeds 800,000 barrels per day, marking an important step towards canceling the target of the voluntary production cut of 2.2 million barrels per day that has been promised since 2022. Crude oil showed a trend of rising first and then falling today. After breaking through a new low, the upward movement continued. It faced resistance after reaching
you are currently struggling with losses, or are unsure which of the numerous trading strategies to follow, at this moment, you can choose to observe the operations within our channel.
SOYBEAN - wyckoff accumulation3 Monthly turnaround on wyckoff accumulation
also a monthly reversal
On week timeframe it also looks like a reversal. the price is pushing the upper boundary of the sideways.
USDCLP for IAWith this you will be able to see the chart , the importan thing is to publish this en trading veiw anywehere to earn money is not that all wee want?
Bear market cycle measures - BTCTurning the chart upside down helps a lot! Used exponential decay to calculate the next data point in the returns section after the midpoint in the bear market (trough to trough)
LMT Outlook long termMy strategy is to gradually add to my position using the following entry points:
• 446
• 411
• 399
• 360
Once the price begins to move higher, I’m planning to take profits in stages. My first profit target is 467, followed by 478, and if the momentum continues, I’m aiming for 500+.
This trading plan is based on my personal analysis and trading strategy, and it should not be considered financial advice. Always conduct your own research and consult with a professional financial advisor before making any trading decisions, as trading involves significant risks and past performance does not guarantee future results.
GOLD – Short term movement. 📉 GOLD – Butterfly Harmonic Completed | Retracement Expected Before Next Up Leg
Timeframe: 15-minute chart
Date: May 5, 2025
🔍 Technical Pattern Observed:
Gold has been consistently trading within a series of harmonic patterns, notably forming W-structures throughout each corrective phase. The price action has respected harmonic symmetry, forming:
Multiple Harmonic “W” Formations across past corrections
Now completed a Bearish Butterfly Harmonic pattern
Current level coincides with PRZ (Potential Reversal Zone) of the Butterfly
📊 Market Structure Insight:
Each corrective leg has respected harmonic geometry and shown a lower-low formation after each retracement.
Wave labels W#1 through W#4 highlight a progressive, harmonic-driven downward rhythm.
The recent high forms Point D of the Butterfly pattern – suggesting a short-term retracement is imminent.
📉 Short-Term Bearish View:
With the completion of the Butterfly at the D point, Gold is expected to retrace downward in the short term.
Projected retracement could target $3,240 to $3,180 levels before next upside setup.
Each prior harmonic pattern led to measured pullbacks, and the current setup mirrors the same behavior.
📈 Medium-Term Bullish Outlook:
Despite the short-term fall, the broader harmonic cycle suggests that after the corrective wave completes, Gold may resume its uptrend.
Harmonic reversals are typically wave 2 or wave 4 pullbacks, setting the stage for final wave rallies.
⚠️ Key Levels:
Immediate Resistance: $3,330 (Butterfly D point)
Support Zone: $3,240 → $3,180
Invalidation: Sustained move above $3,340 may delay retracement
📝 Conclusion:
Gold has respected harmonic cycles with precision, and now, after completing a Butterfly Harmonic W-pattern, a short-term correction is expected. Watch closely for confirmation candles and price behavior at key support zones before positioning for the next bullish wave.
📌 Disclaimer: This analysis is for educational purposes only and not trading or investment advice. Please consult your financial advisor before making any trading decisions.
NZD/JPY Buy nowTook a long on NZD/JPY after price grabbed liquidity beneath recent lows and shifted structure to the upside. Identified a fair value gap on the 5-minute chart and entered as price revisited that imbalance. Looking to target the next external liquidity above.
AUDUSD LONGPrice entered a 15min Demand zone, gave a fake choch and a real choch
Entered on a extreme demand on the 1min timeframe
When price hits 5rr i secure 50% and stop to breakeven.
CITYUSDT is BullishPrice was in a downtrend, however the bulls seem to be gaining control of price action as a bullish divergence on daily time frame as emerged. Moreover, previous lower high is also broken and a higher high is printed instead, now if if freshly printed higher high is broken then we can expect a bullish breakout as per Dow theory. Targets are mentioned on the chart.
GBPUSD 4h technical idea🔍 GBP/USD 4H Chart Analysis (May 5, 2025)
🧠 Technical Overview:
Market Structure:
Price is ranging between 1.32500 (support) and 1.34584 (resistance).
Currently sitting near mid-range, around 1.33186, attempting to break above a minor structure.
Trade Setup Observed:
Long Position marked:
Entry: ~1.33182
Stop-Loss: 1.32324
Take-Profit: 1.34489 / 1.34584
Risk-to-Reward: ~1:2 — favorable for intraday/swing trading.
Contextual Clues:
The prior consolidation and failed breakdowns near 1.32500 signal strong demand at that level.
Price is creating higher lows suggesting bullish intent.
Current bullish candle is breaking a short-term resistance — a potential trigger candle.
🔍 Bias: Bullish (Short-Term)
Why?
Strong reaction off key support (1.32500).
Bullish engulfing breakout attempt.
Consolidation breakout setups in play.
🧨 Key Levels to Watch:
Support:
1.32500
1.32324 (SL region)
Resistance:
1.34489 – Intraday TP zone
1.34584 – Strong daily resistance
📈 Trade Idea Summary:
Buy GBP/USD if the current bullish momentum sustains above 1.3318.
Confirmation above 1.3340 may attract more buyers.
Protect downside below 1.3232.
BUY EURGBPEURGBP is displaying a double bottom pattern. I am expecting price to move up to the resistance this week. Catch an entry early here at the support
EUR/AUD Buy nowEntered a EUR/AUD buy after price swept sell-side liquidity and formed a bullish CHOCH on the 5-minute chart. Waited for a clean fair value gap retest and executed the trade. Aiming for the next liquidity zone above recent highs
ABI Showing Bullish Signs Above EMA 209 – Potential Breakout ABI Showing Bullish Signs Above EMA 200 – Potential Breakout Ahead
Anheuser-Busch InBev (ABI) experienced a significant drop in 2021, marked by a large-volume bearish candle. Since then, the stock has been gradually recovering and is now trading above the EMA 200, indicating a potential shift in trend.
Key observations:
Price above EMA 209: Suggests a bullish long-term trend.
Gradual recovery: Indicates steady accumulation.
Potential breakout: A move above recent resistance levels could confirm a bullish breakout.
Monitoring for a sustained move above resistance with increased volume could provide a strong bullish signal.
Not financial advice – just my technical analysis.
#ABI #AnheuserBusch #StockAnalysis #EMA200 #BullishTrend #TechnicalAnalysis #TradingView
Buy with SLCan buy with SL 0.03454
TP 0.03480
Crossing & Sustaining 0.03509
may lead it towards 0.0565
