Harmonic Patterns
USDJPY / U.S. Dollar – Japanese Yen (1D + 1H) – Multi-Timeframe USDJPY / U.S. Dollar – Japanese Yen (1D + 1H) – Multi-Timeframe Breakdown
Hello awesome traders! 👋
Closing the week with a full top-down look at USDJPY. We’ve got a macro bullish setup developing, but Friday gave us a well-structured intraday bearish opportunity worth studying. Let’s walk through the levels across the timeframes:
🧭 Macro Structure (Daily / 4H)
We start with a textbook Cypher formation on the macro frame, overlapping with a broad ABC bullish correction:
🔹 XA and BC legs are clean and proportionate
🔹 The D point completes just above the 78.6% XA zone
🔹 ABC structure suggests price may be completing a corrective leg within the larger bullish swing
🔍 Medium-Term Focus (4H): Zoom Into the ABC
As we zoom into the ABC leg:
🔸 A = 146.82
🔸 B = 149.08
🔸 C forms near 148.20 with shallow retracement
🔸 Completion shows signs of exhaustion
The ABC pullback aligns with prior resistance and fib confluence zones.
⏱ Intraday Breakdown (1H): Symmetry, Traps, and False Breakouts
This is where the intraday bearish case built up:
🔻 1. Symmetrical Triangle Breakdown
Price formed a clear compression triangle → broke lower → retested → failed again.
🔻 2. Double Top Structure + Cypher Trap
We had a false breakout above 149.08, followed by a rejection. This matches the Cypher reversal zone and classic trap behavior.
🎯 Friday Outlook
✅ Bias: Bearish
📍 Target 1: 38.2% = 148.21
📍 Target 2: 61.8–78.6% = 147.67 – 147.29
We're looking for price to rotate back into these fib support zones before macro structure takes back control. No bullish commitment unless we reclaim the 149.08 highs with strength.
🛡 Risk Management Note
This is short-term momentum inside a larger bullish frame. Treat intraday shorts with tight stops. Macro buyers may step in at the fib wall.
🗝 Final Thoughts
This is the perfect example of why multi-timeframe context matters.
Macro is prepping for a possible long-term continuation, but Friday’s lower timeframe offered an opportunistic short from structure, symmetry, and failed breakout traps.
“The market breathes in waves — one time frame exhales while the other prepares to inhale.”
Excellent profits booked As I mentioned in yesterday’s commentry session:
My strategy is still the same – buying every dip in Gold around my key level yesterday at 3312, which the market respects well and as our first target was 3345
I'm aiming for a breakout to the upside.
Very happy with the profits so far.
My medium-term targets remain 3380 &3,400 and I’ll keep buying every local low until then.
Also I mentioned if 3310 turns flips on down side then buy at 3290 will be the perfect buy.
BRENT CRUDE OIL FORMED A BEARISH WEDGE. ANOTHER POSSIBLE DECLINEBRENT CRUDE OIL FORMED A BEARISH WEDGE. ANOTHER POSSIBLE DECLINE?📉
USOIL has been trading bullish within the last couple of days, supported by prospects of tighter supply and an improved demand outlook. US crude inventories dropped last week, which indicates firm demand despite the rising output.
Still, technically, oil looks bearish. It has formed a bearish wedge and is currently testing the former trendline from below. The most probable scenario is that wee see the bearish impulse towards 6,500.00 with further decline. Another option is that the rise will continue towards 6,900.00 level.
S&P 500 H4 | Making a run towards a new ATH?The S&P 500 (SPX500) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 6,299.72 which is a pullback support.
Stop loss is at 6,195.00 which is a level that lies underneath a multi-swing-low support.
Take profit is at 6,369.28 which is a resistance that aligns with the 161.8% Fibonacci extension.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
USDJPY INTRADY OPPORTUNITY 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.
TSLA: Anyone knows this pattern?TSLA:
Anyone knows this pattern?
Think contrarily to the market — seek opportunities in things that few people notice or pay attention to, and when you do, opportunities will come to you earlier than they do to the crowd.
.
US STOCKS- WALL STREET DREAM- LET'S THE MARKET SPEAK!
BTC - bearish wedge, 60k$ not a joke🔻 Globally, we are in a bearish wedge.
The price made a fake breakout and currently looks weak. On the 1D timeframe, we’re in an ascending channel similar to what we saw in 2021. Back then, after making a second higher high, the price sharply reversed downward.
📉 I believe the relevant downside targets are $60,000 and $40,000.
🔺 I’m currently in a short position, with a stop at $125,333.
XAUUSD will end July negative.During and post CPI, we saw the price of gold spike up towards 3366 to create a sell order block and quickly reversed to 3310 indicating weakening in bullish momentum. With all the geopolitical tensions easing up, XAUUSD price will respect the technical view. Currently, price seems to be printing a bearish flag pattern. We can expect sharp declines from XAUUSD next week.
GOLD hits resistance – usd strikes back!XAUUSD is charging into the "danger zone" around 3,375 – a level where bulls have fallen before.
But this time, gold faces a heavyweight opponent:
– The US economy is revving up like a race car: consumer demand is surging, jobless claims are dropping.
– The Fed holds its hawkish stance like a loaded weapon: high interest rates aren’t going away.
– The US dollar is back in full force, and bond yields are shooting sky-high.
While gold buyers try to climb higher, pressure from the “USD fortress” is building fast.
Every uptick in XAUUSD now… might just be a setup before the fall.
If selling pressure returns near the previous highs, another sharp drop in gold could be just around the corner.
Bitcoin H1 | Falling toward a 61.8% Fibonacci supportBitcoin (BTC/USD) is falling towards a swing-low support and could potentially bounce off this level to climb higher.
Buy entry is at 117,857.83 which is a swing-low support that aligns with the 61.8% Fibonacci retracement.
Stop loss is at 115,500.00 which is a level that lies underneath a swing-low support.
Take profit is at 122,734.70 which is a swing-high resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
ZRXUSDT Weekly Analysis – Major Reversal Brewing from Multi-Year🔍 Technical Overview:
ZRX (0x Protocol) is currently showing strong signs of a long-term accumulation phase, with price once again revisiting a critical historical demand zone between $0.25 and $0.30. This area has acted as solid support multiple times since 2019, and the current structure suggests a potential macro-level reversal is underway.
Key technical highlights include:
Strong Historical Demand Zone: The yellow box highlights a multi-tested area of support where major rallies have originated.
Double Bottom Formation: A potential double bottom pattern is forming, indicating a reversal setup.
Volatility Compression: Price action has tightened into a sideways range, often a precursor to a breakout.
Well-defined Fibonacci Resistance Levels: Layered resistance targets give a clear path for bullish continuation once breakout is confirmed.
🟢 Bullish Scenario:
If ZRX holds above the $0.28 level and successfully breaks out above $0.39, it could trigger a powerful rally toward higher key resistance zones.
🎯 Bullish Target Zones:
✅ $0.5452 – First major resistance
✅ $0.7612 – Previous breakout level
✅ $0.8895 – Horizontal supply zone
✅ $1.1000 – Psychological round number
✅ $1.2984 – Pre-2022 breakdown area
✅ $2.1183 – $2.4000 – Ultimate high and previous cycle top
A clean breakout from current levels could yield multiple 100% gains, with a favorable reward-to-risk ratio for mid- to long-term swing traders.
🔴 Bearish Scenario:
Failure to hold the $0.25–$0.28 support zone would invalidate the bullish structure and may result in a drop toward the historical low of $0.1105.
Weekly candle close below $0.25 would be a strong bearish signal.
This would suggest prolonged downside or range-bound movement.
🧠 Strategic Notes:
This setup favors patient swing traders and investors looking for reversal plays in oversold altcoins.
Accumulating within the current demand zone, with a breakout confirmation above $0.39, presents a compelling strategy.
Consider using laddered entries and a stop-loss below the demand zone for optimal risk control.
⚠️ Risk Management:
ZRX is a low-cap altcoin, and while the upside potential is substantial, volatility remains high. Always apply strict risk management and position sizing to protect capital.
📌 Summary:
ZRX is offering one of the cleanest reversal setups in the altcoin market. With a historically strong demand base, clear resistance levels, and a favorable reward/risk structure, this chart is worth watching closely in the coming weeks.
#ZRXUSDT #CryptoReversal #AltcoinSetup #TechnicalAnalysis #AccumulationZone #BreakoutTrade #DoubleBottom #SwingTradeSetup #CryptoChart
High Probability Short for Asia: Major Profit at 3318 Description:
Gold remains under pressure below multiple descending trendlines and is consolidating above key support. With volatility high, there’s a strong chance of a breakdown during the Asia session.
Trade Plan:
Wait for a retest of the 3,340–3,355 resistance zone (yellow box).
Watch for a bearish rejection (such as a strong wick, bearish engulfing, or high selling volume) at this zone—do not short blindly.
Enter short after confirmed rejection.
Trade Management:
Take a big part of your profit at 3,318 (first blue support line).
Once 3,318 is hit, immediately move your stop-loss to breakeven (your entry) for the remaining position.
Let the rest run toward the next targets: 3,301 and 3,299, and possibly as low as 3,247 if the breakdown is strong.
Key Points:
High-probability move is expected during the Asia session.
Trade only on confirmation, not at random levels.
If price reclaims and holds above 3,355, bearish idea is invalid.
Summary:
Look for a confirmed rejection near 3,340–3,355. Take most profit at 3,318, move stop-loss to breakeven, and hold the rest for a potential deeper drop.
Bearish breakout off major support?EUR/USD is reacting off the support level which is an overlap support that lines up with the 61.8% Fibonacci retracement and a breakout of this level could lead the price to drop from this level to our take profit.
Entry: 1.1587
Why we like it:
There is an overlap support level that lines up with the 61.8% Fibonacci retracement.
Stop loss: 1.1666
Why we like it:
There is an overlap resistance.
Take profit: 1.1451
Why we like it:
There is an overlap support level that lines up with the 61.8% Fibonacci retracement.
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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 reversal?GBP/USD is reacting off the support level which is an overlap support and could bounce from this level to our take profit.
Entry: 1.3396
Why we like it:
There is an overlap support.
Stop loss: 1.3318
Why we like it:
There is a pullback support.
Take profit: 1.3503
Why we like it:
There is a pullback resistance that is slightly below 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.
EUR/USD Bearish Setup as Wave C Unfolds Toward 1.1523EUR/USD Bearish Setup as Wave C Unfolds Toward 1.1523
🔴 SHORT BIAS
📅 Updated: July 18
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🔍 Description
EUR/USD appears to be unfolding a classic ABC corrective structure, with Wave B now likely completed below the key 1.1624–1.1659 resistance zone. The price action has shown clear rejection in this supply area, opening room for Wave C to extend lower toward the 1.1523 target.
This setup aligns with a broader correction within a downtrend, with technicals and short-term flows pointing toward further downside pressure. The 2H timeframe offers swing traders a favorable risk-reward scenario, with invalidation clearly above 1.1659.
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📊 Technical Structure (2H)
✅ Wave A completed
✅ Wave B rejected at resistance
✅ Wave C expected to unfold
📌 Downside Target
First & Final: 1.15233
🔻 Invalidation Zone
Above: 1.16590 (Break invalidates short bias)
#LEVER/USDT #LEVER#LEVER
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it.
We have support from the lower boundary of the descending channel, at 0.0001650.
We have a downtrend on the RSI indicator that is about to break and retest, supporting the upward trend.
There is a key support area (in green) at 0.0001764, which represents a strong basis for the upward trend.
Don't forget one simple thing: ease and capital.
When you reach the first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
We have a trend of stability above the Moving Average 100.
Entry price: 0.0002196
First target: 0.0002303
Second target: 0.0002456
Third target: 0.0002630
Don't forget one simple thing: ease and capital.
When you reach the first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
Thank you.
120K is the Key.Morning folks,
Our last plan worked perfect - market re-tested 117K support and jumped out. If you have longs - you could keep it.
We consider now two alternative scenarios, although we think that this one with triangle is more probable, we do not exclude the H&S shape on 1H chart that could lead BTC down to 112-113K support area.
So, if you do not know how to deal with this - keep an eye on the 120K area and top of the right arm. Upside breakout will confirm H&S failure and triangle scenario. Otherwise, until market stands under 120K - consider H&S as a basic scenario, just for safety.
Take care, S.
The 7.15 gold shock adjustment is not the top!7.15 Gold Operation Strategy Reference:
Short Order Strategy:
Strategy 1: When gold rebounds around 3370-3375, short (buy short) 20% of the position in batches, stop loss 10 points, target around 3350-3345, break to see 3340 line;
Long Order Strategy:
Strategy 2: When gold pulls back to around 3340-3345, long (buy long) 20% of the position in batches, stop loss 10 points, target around 3355-3365, break to see 3375 line;
I am a financial enthusiast. I may not have a 100% winning rate. If you are a novice or your account is about to be burned, you can ask me. I will give you free professional advice.