Harmonic Patterns
S/USDTI have been watching S/USDT formerly FTM for some time now, on the Sonic chart there is a clear bullish bat pattern that hasn't yet caught a reaction or formal type I return.
On the FTM chart the same bullish bat is visible but is also happening inside a 139 day large bullish dragon.
The weekly MACD oscillator is showing bullish divergence with negative momentum decreasing at this key support resistance level.
I think its equitable to take a long position here based on the technicals targeting the hump and top of the dragon pattern.
Trade safely, stay hydrated.
SUI SIGNAL...Hello friends
As you can see, buyers entered the price correction and a reversal pattern is being built...
Due to the buying pressure and the entry of buyers, we can buy within the specified ranges and move towards the set targets, of course with capital and risk management.
*Trade safely with us*
Potential bearish drop off pullback resistance?AUD/JPY is reacting off the resistance level which is a pullback resistance that lines up with the 161.8% Fibonacci extension and the 100% Fibonacci projection and could drop from this level to our take profit.
Entry: 93.33
Why we like it:
There is a pullback resistance level that aligns with the 161.8% Fibonacci extension and the 100% Fibonacci projection.
Stop loss: 94.40
Why we like it:
There is an overlap resistance level.
Take profit: 92.12
Why we like it:
There is an overlap support level that lines up with the 50% Fibonacci retracement.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
Falling towards 61.8% Fibonacci support?GBP/CHF is falling towards the support level which is a pullback support that line sup with the 61.8% and the 38.2% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 1.0897
Why we like it:
There is a pullback support level that aligns with the 61.8% and the 38.2% Fibonacci retracement.
Stop loss: 1.0786
Why we like it:
There is a pullback support level that line sup with the 61.8% Fibonacci retracement.
Take profit: 1.1038
Why we like it:
There is a pullback resistance level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
NEON : How long does the decline last?Hello friends
If you are a holder of this currency or have bought it, you should know that the token release is coming and this will cause the price to drop, so be careful.
We have identified good buying ranges for you, where you can buy in case of a drop, with risk and capital management.
*Trade safely with us*
EURUSD Channel Up favors buying but keep an eye on this.The EURUSD pair has been trading within a Channel Up pattern since the February 28 Low and its current Bearish Leg almost reached the 0.382 Fibonacci retracement level. That is where the previous Bearish Leg made a Higher Low (March 27) and rebounded.
This keeps for now the bullish trend intact and it will remain so for as long as the price remains within the Channel Up. The short-term Target is the -0.236 Fib extension at 1.17500. If on the other hand it breaks below the Channel Up, be ready to take the small loss and sell towards the 1D MA200 (orange trend-line) at 1.08500, which is the level that supported the market on that previous March 27 Low.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
AGI : The fall is comingHello friends
As the price has reached a strong resistance area, you can see that the price has been corrected and lower lows have been made. Now, given the token release that this currency has, there is a possibility of further decline, so we can buy at lower points with capital and risk management and move with it to the specified targets.
*Trade safely with us*
USD/JPY..4h Chart pattern..### **USD/JPY Technical Analysis: Bearish Setup**
#### **Key Observations:**
1. **Break of Structure:**
- **H4 Chart:** Price broke below the **lower trendline of the ascending channel**, signaling a potential trend reversal.
- **Alligator Indicator (Williams):**
- **Lips crossed below Jaw** → Confirms bearish momentum.
- **Chaikin Oscillator:**
- **Fell below 0** → Indicates selling pressure and outflow.
2. **Daily Chart – Bearish Flag Pattern:**
- A **bearish flag** (consolidation after a sharp decline) suggests continuation downward.
- Confirms the **H4 breakdown**, increasing bearish probability.
---
### **Trade Plan: Sell USD/JPY**
#### **Entry Zone:**
- **Sell on consolidation below 143.300** (confirms bearish control).
#### **Targets:**
1. **TP1: 142.000** (initial support level).
2. **TP2: 140.000** (next psychological & structural support).
#### **Stop-Loss (SL):**
- **Above 144.000** (above recent swing high for risk management).
---
### **Key Indicators to Monitor:**
✅ **MACD:** Bearish crossover & histogram below zero.
✅ **RSI (14):** Below 50 (confirms bearish momentum).
✅ **Price Action:** Rejection at 143.300 strengthens the sell signal.
### **Risk-Reward Ratio (RRR):**
- **Entry: 143.30**
- **SL: 144.00 (70 pips risk)**
- **TP1: 142.00 (130 pips reward) → ~1:1.85**
- **TP2: 140.00 (330 pips reward) → ~1:4.7**
---
### **Final Verdict:**
- **Strong bearish confirmation** on both H4 & D1.
- **Sell below 143.30**, targeting **142.00 → 140.00**.
- **Invalidation:** A break above **144.00** negates the bearish structure.
Would you like a deeper analysis on Fibonacci retracement levels or order flow confirmation? 🚀
Spy $550 This WeekUpdated SPY Weekly Forecast Range (as of $563)
Scenario Projected Close Range Probability
Bull Case $570 – $577 40%
Base Case $558 – $566 45%
Bear Case $545 – $555 15%
🔼 Bull Case Summary ($570–$577)
Conditions:
CPI data comes in cool (Thursday)
PLTR, AMD, DIS all beat and guide higher
Fed speakers lean dovish
Mega caps like NVDA & MSFT fuel rotation higher
SPY clears the psychological $565 resistance
Fuel:
Short gamma squeeze above $565
Call wall shift to $570/$575
Sector momentum in tech, financials, and discretionary
⚖️ Base Case Summary ($558–$566)
Conditions:
CPI is in-line
Earnings are mixed (1 or 2 misses)
Market digests prior rally, stays elevated
No breakout — just holding range
Behavior:
SPY consolidates around 8-day EMA and VWAP
Buyers hesitate near $565–$567
Light-volume pullbacks to $560 or $558 get bought
🔻 Bear Case Summary ($545–$555)
Conditions:
CPI comes in hot → rate cut expectations fall
Key earnings disappoint (PLTR, AMD, DIS miss or lower guide)
Yields spike, market pulls back fast
SPY loses 8-day EMA, dips toward 21-day EMA near $548
Fuel:
IV spike → volatility unwind
Bond market pressure → liquidity stress
Rotation into defensive sectors (XLU, XLP)
🔍 Supporting Indicators (Real-Time Drivers to Watch):
CPI – Thursday, May 9
10-Year Yield reaction post-CPI
Earnings releases (especially PLTR Monday + AMD Tuesday)
Options flow around $565, $570 strikes
Volatility Index (VIX): Holding under 14 = bullish, over 15 = caution
Gold Trade Plan 5/5/2025Dear Traders,
If we take a look at the gold chart, it is currently in a descending channel, and the price is trying to reach the top of that channel. Given these conditions, I believe the price will reach the target zone around 3285–3290 by midweek. If we observe a rejection at that level, we can enter a sell position, with the first target being the midline of the channel and the final target being the bottom of the channel. If the descending channel is strongly broken and the price stabilizes above it, a new update will be necessary.
Trend-base Fibo Extension AB=CD 3290
Fibo Retracement(1.618)= 3298
Top Of Descending Channel : 3290-3300
So we Are looking for Reversal 3290-3300 Area !
If you enjoyed this forecast, please show your support with a like and comment. Your feedback is what drives me to keep creating valuable content."
Regards,
Alireza
Bearish drop off pullback resistance?EUR/CAD is reacting 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: 1.56797
Why we like it:
There is a pullback resistance level that line sup with the 38.2% Fibonacci retracement.
Stop loss: 1.58016
Why we like it:
There is a pullback resistance level.
Take profit: 1.54362
Why we like it:
There is a pullback support level that aligns with the 100% Fibonacci projection.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
Bullish bounce off pullback support?EUR/AUD is falling towards the pivot which is a pullback support that lines up with the 61.8% Fibonacci projection and could bounce to the 1st resistance.
Pivot: 1.73946
1st Support: 1.71232
1st Resistance: 1.76821
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.
XAUUSD-Bullish reversal analysis technical analysis of Gold Spot (XAU/USD) on the 4-hour timeframe, projecting a bullish outlook. Here's a breakdown of the main ideas conveyed:
1. Support Level & Double Bottom
A strong support level is marked around the 3,177 area, with the price bouncing from it twice (highlighted by two black dots), indicating a potential double bottom pattern, which is typically a bullish reversal signal.
2. EMA 200 Support
The 200 EMA (Exponential Moving Average) lies just below the current price (~3,177), acting as dynamic support. The fact that price is holding above it adds strength to the bullish argument.
3. Bullish Divergence on RSI
The RSI (Relative Strength Index) shows a bullish divergence, where the price made lower lows but RSI made higher lows—another potential reversal indicator.
4. Price Projection
If the bullish move plays out, the chart outlines two upward targets:
Target Point: ~3,501.67
Next Target Point: ~3,729.23
These are based on measured moves from previous impulse legs (shown by vertical blue projections).
5. Entry Setup
The chart suggests a break above the short-term consolidation could trigger the bullish run toward the first target, aligning with bullish price structure and support confirmation.
Overall Idea: The chart expects a bullish reversal from support, confirmed by double bottom, EMA 200 support, and RSI divergence, targeting higher resistance zones.
Silver Crab Vs Forbidden Level The persistent failure of silver buyers to overcome the specified resistance level suggests a prevailing weakness in their purchasing power.
Consequently, market observers anticipate a potential shift in momentum, awaiting the entry of more robust buyers, colloquially referred to as "powerful crab buyers," anticipated to emerge from the harmonic golden level.
This potential influx of new investment could provide the necessary catalyst for a sustained upward trend.
Watching for 88.5-89KMorning folks,
So, upside spike has happened and our 3-Drive + butterfly patterns are done. Although we haven't got continuation to 98K area that also was on a table.
Now short-term sentiment has changed. Recent data shows that the Fed doesn't need to hurry up with rate cut, yields turns up, so BTC also could follow the common tendency with deeper retracement.
This is the reason why we do not consider any longs today. As a nearest area that might be reached we consider 88.5-89K support.
So, for bulls it is nothing to do. If you're intraday trader, you could consider bearish positions from predefined Fib levels on the picture. 3-Drive hasn't reached its target yet, so 92.5-93K area still could be reached...
Bearish drop?NZD/JPY is reacting off the pivot and could drop to the 1st support.
Pivot: 86.11
1st Support: 84.18
1st Resistance: 86.84
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.
XAU/USD technical outlook: Gold price poised to challenge $3,350Gold price uptrend resumed as today’s price action confirmed a ‘bullish harami’ two-candle chart pattern, indicating that bulls are gathering steam. The Relative Strength Index (RSI) further confirmed the latter, as the RSI’s line aims upwards.
Therefore, traders will face key resistance levels like $3,350, followed by the $3,400 figure. If surpassed, the next stop would be $3,450 and $3,500. Conversely, if sellers drag XAU/USD spot price below $3,300, look for a test of the May 1 low of $3,202, ahead of the April 3 high turned support at $3,167.
Bearish drop?NZD/JPY is reacting off the resistance level which is a pullback resistance and could potentially drop from this level to our take profit.
Entry: 86.13
Why we like it:
There is a pullback resistance level.
Stop loss: 87.27
Why we like it:
There is a pullback resistance level that lines up with the 78.6% Fibonacci projection.
Take profit: 85.10
Why we like it:
There is an overlap support level that aligns with the 61.8% Fibonacci retracement.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
Bullish bounce off pullback support?CAD/JPY is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance which is a pullback resistance.
Pivot: 103.77
1st Support: 103.11
1st Resistance: 105.60
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.