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Harmonic Patterns

Bund: Bearish Crab Formed, Potential Head & Shoulders Breakdown FX:BUND The Bund has recently formed a bearish crab pattern on December 6th at 136.42, which triggered a pullback. It's worth noting that this level coincided with the monthly fractal resistance from August at 136.25, a key zone that could lead to a significant rejection. With the new support established at 134.38, we are now at a critical point where a head and shoulders pattern may start to develop. If this pattern completes, it could push Bund back to 132.46, marking a strong bearish move after a previous momentum surge. Key Highlights: Bearish crab pattern formed on December 6th at 136.42, triggering pullback. Testing the monthly fractal resistance at 136.25, which could provide strong resistance. New support at 134.38 acting as the neckline for a potential head and shoulders pattern. Right shoulder of the pattern still forming, but a break below 134.38 could lead to further downside. If the head and shoulders pattern completes, Bund could drop to 132.46.
FX:BUNDShort
by Andre_Cardoso
Chiliz CHZ price is suspiciously low🌶️ If we're not mistaken, #Chiliz is a digital sports and entertainment project with an office in Malta and "chinese roots", and if we're wrong, please correct us in the comments. So, now CRYPTOCAP:BTC price is trying to adjust downward, and $CRYPTOCAP:CHZ price does not react at all and shows total stability. Are we really going to see at least +50% movement of OKX:CHZUSDT price in the near future ? _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
15
$XAUUSD: Convergence of Fibonacci Levels & Bullish PatternsPEPPERSTONE:XAUUSD Analysis: After the drop below the neckline and established support at $2674, we anticipated a decline that could reach $2639. This represents the 200% Fibonacci extension and is the default target for the head and shoulders pattern formed above support. We also anticipated the formation of a bullish crab pattern that could appear at $2642, slightly above the default target zone for the head and shoulders, and upon further analysis of lower timeframes, we also identified the formation of a bullish butterfly pattern today at $2637, below the previously mentioned levels. We are therefore in a convergence zone between Fibonacci levels, with the formation of new patterns that could favor a potential recovery attempt from the recent decline. The default target for the bullish crab pattern (higher degree) is projected at $2668. Note : A price drop below the most recent support could invalidate this pattern.
FX_IDC:XAUUSDLong
by Andre_Cardoso
$XRP Winter #HeadAndShouldersWith all the great news on the table - the $RLUSD, its wide acception and upcoming CRYPTOCAP:XRP #ETF, the #Ripple stands under heavy selling pressure due to SEC’s decision to #appeal the Ripple case ruling, impacting demand and market sentiment. SEC Commissioner Caroline Crenshaw’s reappointment vote is set for Wednesday, December 18, according to Fox Business. Congress adjourns for the year on Friday, December 20, meaning that if Crenshaw’s renomination fails, Trump could nominate a new Commissioner. The SEC must file its appeal-related opening brief in the Ripple case by January 15. Crenshaw’s reappointment would mean three Democrats could vote to file its opening brief. XRP could face selling pressure if the SEC pursues the appeal. If the SEC withdraws its appeal, the agency could approve pending XRP-spot ETF applications, driving XRP demand. If not, the price could form the Head And Shoulders pattern driving the XRP price to $2.2 or below.
CRYPTO:XRPUSDLong
by TradinSides
19
EURUSD BUY | Idea Trading AnalysisEURUSD is moving in an UPWARD channel. We expect a decline in the channel after testing the current level. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity EURUSD I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
Long
by TheGrove
3
EURCAD BUY | Idea Trading AnalysisEURCAD is moving in an UP trend channel. The chart broke through the dynamic Resistance line.. We expect a decline in the channel after testing the current level which suggests that the price will continue to rise Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity EURCAD I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
Long
by TheGrove
3
XAUUSD 1Hour According to the XAUUSD 01Hour time frame there i have used ARC pattern market is going to breakout it and it will touch the support which is 2610, Even i used the RSI Divergence indicator which seems like still falling, as there is no any bull tag in it. entry price ; 2645 stop loss ; 2655 take profit ; 2630-2625. resistance level is 2674 support level is 2610 keep following & get massive profits, guys your likes and your support is giving me more energy to give you more setups & updates here.
OANDA:XAUUSDShort
by Fx_Publu_Trader