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Harmonic Patterns

SELL PEPEUSD for bullish trend reversal STOP LOSS : 0.000028SELL PEPEUSD for bullish trend reversal STOP LOSS : 0.000028 Regular Bearish Divergence In case of Regular Bearish Divergence: * The Indicator shows Lower Highs * Actual Market Price shows Higher Highs We can see a strong divergence on the MACD already and There is a strong trend reversal on the daily time frame chart..... The daily time frame is showing strength of trend reversal from this level resistance so we are looking for the trend reversal and correction push from here ..... TAKE PROFIT : take profit will be when the trend comes to an end, feel from to send me a direct DM if you have any question about take profit or anything Remember to risk only what you are comfortable with…….trading with the trend, patient and good risk management is the key to success here ............................................................................................................................................................................................................................................
CRYPTO:PEPEUSDShort
by BALE_FX
SELL BTCUSD for bullish trend reversal STOP LOSS : 112,491SELL BTCUSD for bullish trend reversal STOP LOSS : 112,491 Regular Bearish Divergence In case of Regular Bearish Divergence: * The Indicator shows Lower Highs * Actual Market Price shows Higher Highs We can see a strong divergence on the MACD already and There is a strong trend reversal on the daily time frame chart..... The daily time frame is showing strength of trend reversal from this level resistance so we are looking for the trend reversal and correction push from here ..... TAKE PROFIT : take profit will be when the trend comes to an end, feel from to send me a direct DM if you have any question about take profit or anything Remember to risk only what you are comfortable with…….trading with the trend, patient and good risk management is the key to success here ........................................................................................................................................................................................................................................
BINANCE:BTCUSDShort
by BALE_FX
USD/JPY at Bearish Gartley Completion: High-Probability Short The USD/JPY has completed a Bearish Gartley harmonic pattern, with the critical reversal zone (point D) aligning near the 154-155 resistance area. This technical confluence suggests a potential short opportunity for a trend reversal in the short to medium term. Strategy: Sell at the Reversal Zone (Point D) Rationale: The 154-155 zone represents a critical resistance level, coinciding with the completion of the Bearish Gartley pattern. Recent price action shows rejection candles near the resistance, signaling waning bullish momentum. The TDI indicator reveals bearish divergence, with price forming higher highs while the indicator forms equal highs—validating a possible reversal. Trade Parameters: Entry Zone: 154.00 Stop Loss: 155.50 (above resistance and point D) Take Profit: 150.00 (major psychological and technical support) Risk-Reward Ratio: 1:2.5 This setup leverages the strong technical confluence of the Bearish Gartley pattern, validated by divergence and resistance tests. As always, price action confirmation near the resistance is essential before entering.
Long
by MrVNpt
Precision Trade Setup on AUD/USD with a Bullish Gartley PatternThe AUD/USD is setting up for a potential reversal near a key harmonic "Gartley" formation. This advanced technical structure, combined with critical confluences, highlights an area of high-probability trade opportunities. Strategy: Buy at the Reversal Point (D) Rationale: The harmonic Gartley pattern suggests a potential trend reversal near 0.628, aligning with a long-term trendline and a horizontal support zone (highlighted in purple). RSI indicates oversold conditions, and the TDI shows bullish divergence, reinforcing the case for a recovery. A significant risk-reward ratio makes this trade an attractive opportunity. Trade Parameters: Entry Zone: 0.628 Stop Loss: 0.657 Take Profit: 0.6457 Risk-Reward Ratio: 1:3+ While the technical setup is compelling, it is crucial to remain vigilant about price action in lower timeframes. Always confirm price action before entering a position.
Long
by MrVNpt
1
WTI: Head & Shoulders Could Trigger Drop to $67.48OANDA:WTICOUSD On the 120-minute timeframe, WTI Crude Oil has shown a notable bearish setup. After the formation of the bearish alt-Bat pattern at $71.14, the price dropped to $69.22, where a new fractal support was established. This level reinforces a previously used support zone, which is crucial for the next possible price pattern. With this support reinforcement, there is a potential for the formation of a head and shoulders pattern, with the neckline at $69.22. It’s important to note that the pattern will only be validated if the price breaks below this fractal support. If validated, the pattern could trigger a decline towards the 200% Fibonacci extension level at $67.48. Key Takeaways for WTI Crude Oil: Bearish alt-Bat pattern formed at $71.14. Price dropped to $69.22, establishing a new fractal support. A potential head and shoulders pattern is forming, with support at $69.22 acting as the neckline. Break below $69.22 would validate the head and shoulders pattern. If validated, the price could fall to $67.48, aligning with the 200% Fibonacci extension level.
OANDA:WTICOUSDShort
by Andre_Cardoso
Bearish drop?The Gold (XAU/USD) is rising towards the pivot which is a pullback resistance and could drop to the 1st support which acts as a pullback support. Pivot: 2,665.31 1st Support: 2,628.12 1st Resistance: 2,690.20 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.
ICMARKETS:XAUUSDShort
by ICmarkets
Potential bullish rise?The Silver (XAG/USD) has reacted off the pivot and could bounce to the 1st resistance which is a pullback resistance. Pivot: 30.23 1st Support: 29.66 1st Resistance: 30.95 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.
ICMARKETS:XAGUSDLong
by ICmarkets
Bearish drop off overlap resistance?GBP/USD is reacting off the resistance level which is an overlap resistance that lines up with the 61.8% Fibonacci retracement and could drop from this level to our take profit. Entry: 1.2733 Why we like it: There is an overlap resistance level that aligns with the 61.8% Fibonacci retracement. Stop loss: 1.2794 Why we like it: There is a pullback resistance level. Take profit: 1.2609 Why we like it: There is an overlap support 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.
Short
by VantageMarkets
GOOD BTC ENTRY !! SL 59K TP 72KREASONS WHY !! Market Sentiment and Momentum: Bitcoin soared in 2023, and experts predict further gains in 2024, potentially reaching $80,000. Despite long-term optimism, Bitcoin experienced a recent dip. Technical indicators suggest potential downside, but the market remains in a tug-of-war. If buyers can push past the $44,700 resistance, a jump to $48,000 is in sight. Spot Bitcoin ETF Launch: The launch of a spot Bitcoin ETF in early 2024 is poised to revolutionize the crypto landscape. This move is expected to attract significant capital from both retail and institutional investors, further fueling Bitcoin’s ascent. Bitcoin Halving Event: Scheduled for April or May 2024, the Bitcoin halving event will curtail the yearly supply of new Bitcoin. This reduction in supply could establish conditions where demand potentially outstrips supply, a fundamental factor in the optimistic price forecast. Investor Confidence and Accumulation: Investors are holding on to their BTC with conviction stronger than in 2021. Relative realized profits show that despite a new all-time high, selling has not been as significant as during the previous cycle. Consistent accumulation since February 2024 indicates confidence among investors, expecting further price growth.
BITSTAMP:BTCUSDLong
by NYRUNSGLOBAL
Apple Earnings Boost Stock to 182 ? Reasons Why Apple’s Fiscal 2024 First Quarter Results: Apple reported its financial results for the first quarter of fiscal year 2024, which ended on December 30, 2023. Here are the key highlights: Revenue: The company posted quarterly revenue of $119.6 billion, representing a 2 percent year-over-year increase. Earnings Per Share (EPS): Quarterly earnings per diluted share reached $2.18, marking a 16 percent year-over-year growth. Services Revenue: Apple achieved an all-time record in services revenue during this quarter. Active Devices: The installed base of active Apple devices surpassed 2.2 billion, reaching an all-time high across all products and geographic segments. Cash Flow and Dividends: Apple generated nearly $40 billion of operating cash flow and returned almost $27 billion to shareholders. The company’s board of directors declared a cash dividend of $0.24 per share of common stock, payable on February 15, 2024. Long Idea and Earnings Impact: While the earnings report reflects strong performance, it’s essential to consider the broader market context and analysts’ expectations. Analysts estimate an average EPS of $1.41 for Apple’s second quarter of 2024, with a range between $1.32 and $1.45. As an investor, you might want to assess factors such as: iPhone Sales: The growth in iPhone sales significantly contributed to Apple’s revenue. Monitor iPhone demand trends and product launches. Services Segment: Services revenue hit a record high. Evaluate the sustainability of this growth. Margin Expansion: The all-time record EPS resulted from margin expansion. Understand the drivers behind this improvement. Dividends: Apple’s consistent dividend payments provide income for long-term investors.
NASDAQ:AAPLLong
by NYRUNSGLOBAL
Bearish drop?USD/JPY has reacted off the resistance level which is a pullback resistance and could drop from this level to our take profit. Entry: 154.23 Why we like it: there is a pullback resistance level. Stop loss: 154.98 Why we like it: There is a pullback resistance level that lines up with the 88% Fibonacci retracement. Take profit: 152.52 Why we like it: There is an overlap support level that is slightly above the 38.2% 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.
Short
by VantageMarkets
Meta Stock Could Reach $520 by July 2024 Earnings ReportNASDAQ:META Why Meta Stock Could Reach $520 by July 2024 Earnings Report Meta Platforms, Inc., formerly known as Facebook, has been making significant strides in its business operations, which could potentially drive its stock price to $520 by the time of its July 2024 earnings report. Here are some key reasons: 1. Strong Performance in Q1 2024 Meta reported a robust first quarter in 2024, with revenue soaring 27% to $36.4 billion compared to the same period last year1. Net income also saw a substantial increase of 117% to $12.4 billion. This strong financial performance indicates a healthy growth trajectory for the company. 2. Significant Investment in AI CEO Mark Zuckerberg has announced plans for significant investment in artificial intelligence2. While this initially caused a 12% slump in the META stock price, it’s a strategic long-term investment that could potentially drive future growth and profitability. 3. Positive Stock Forecasts Analysts have made positive predictions about Meta’s stock price. For instance, WalletInvestor forecasts a price of $517.58, while TipRanks predicts a price of $547.45. These predictions suggest a potential for the stock price to reach $520. 4. Expected Growth in Q2 2024 Meta’s CFO has projected total revenue for Q2 2024 to be in the range of $36.5-39 billion. This expected growth could further boost investor confidence and drive up the stock price. 5. Long-Term Growth Potential Meta has demonstrated a long-term growth potential, with its stock price rising 110% from $209.40 to $441.38 in the 12 months leading up to April 25, 2024. This trend suggests that the company has the potential to reach the $520 mark by July 2024.
NASDAQ:METALong
by NYRUNSGLOBAL