Watching the US$3,886 low closely right now!Whether Gold can hold onto its recent momentum is difficult to predict given the market uncertainty right now.
Not only is it a 50/50 bet whether the Fed pulls the trigger and cuts rates next month, but no one actually knows what US data we will be getting in the coming weeks, now that the US government shutdown has ended.
Additionally, it is still unclear when we will receive the data. September’s numbers will likely filter through next week and give us more of an idea of sentiment, but October’s data is tricky, particularly the jobs report!
Ultimately, the hawkish Fed rhetoric suggesting a potential pause next month will likely hinder upside in the yellow metal for now. You will note that Gold is down nearly 3.0% today, and if we see the unit engulf US$4,000 – a widely watched number – and the US$3,886 low formed in late October, this could trigger breakout selling to US$3,748, I believe: an AB=CD completion.
Consequently, while the trend clearly favours buyers in the longer term, we could be in for a little more pain to the downside, especially if we absorb US$3,886 bids.
Written by FP Markets Chief Market Analyst Aaron Hill
AB=CD
AUDCAD – 2618 Trading Strategy + 3-Bar Reversal ConfirmationThis setup is a textbook example of the 2618 trading strategy combined with a strict 3-Bar Reversal trigger for entry.
First leg: Market breaks structure, taking out prior lows.
Retracement: Price retraces back into the 61.8% Fibonacci level.
Confirmation: A 3-Bar Reversal forms, providing the entry signal.
Entry: Short position placed at confirmation of the 3-Bar setup.
Stops: Positioned above the retracement highs to protect against invalidation.
Targets: Measured at the 127.2% Fibonacci extension of the swing for optimal risk-to-reward.
📊 Why This Matters:
The 2618 strategy by itself is powerful, but pairing it with a confirmation pattern like the 3-Bar Reversal increases probability and filters out weak signals. This combination creates a disciplined, rules-based approach to trading that’s repeatable and consistent.
⚡ High-probability setup. Textbook execution. Risk defined. Reward targeted.
Head and shoulders pattern Hi guys
Here is attached xau chart with 15 minutes time frame and the trading system show us the famous pattern as head and shoulders.
Please be careful to direct all the approvals sign for getting action
One of them is equally low points that happened nearly of 0.7 Fibonacci retracement
#XRPUSDT: Bullish Reversal Coming With Price Heading Back To 3.5## XRPUSDT Analysis: Long-Term Perspective
In the long term, we anticipate the XRPUSDT price to revert to its all-time high of 3.5. From a fundamental analysis standpoint, we maintain a positive outlook, with the potential for the price to surpass 3.5. We have identified a favourable trading opportunity, as illustrated in the chart.
Our approach is neutral, as the trend remains undecided. Based on the duration of your positions, you can set two targets:
1. **Short-Term Target:** If you intend to hold your positions for a short period, aim for a price level above 3.5.
2. **Long-Term Target:** For long-term investors, a target price of 4.0 or higher is plausible.
We are committed to providing comprehensive analysis and support. Should you have any inquiries or require further clarification, please do not hesitate to contact us.
Additionally, we would appreciate your insights on which cryptocurrency pair you would like to explore next.
Regards,
Team Setupsfx_
#BTCUSDT: From $74,000 to $88,000 Moving Well! More Growth CominIt’s been on a steady climb from $74,000 to $88,000. We’re expecting even more growth in the coming weeks. The price has finally broken free from its consolidation phase and is now on the rise. We think it’ll reach $94,000, then $100,000, and maybe even go up to $120,000 by the end of the year.
What do you think? Let me know in the comments below!
Thanks!
Team Setupsfx_
XAUUSD 2-Hour Breakout Trading Strategy (Long Position) XAUUSD 2-Hour Breakout Trading Strategy (Long Position)
Go long on XAUUSD via breakout entry around the current price of 4051 USD once it breaks above 4051 USD. Set the stop-loss (SL) at 4023 USD.
- First target (TP1): Around 4130 USD – close half the position and trail the stop-loss (TSL).
- Second target (TP2): Around 4230 USD – close half the remaining position and trail the stop-loss.
- Third target (TP3): Around 4330 USD – close half the remaining position and trail the stop-loss.
- Let the residual position run with the trailing stop-loss in place.
TSLA 3-Drive & ABCD Pattern – Path to $500 Before a PullbackThis chart highlights multiple harmonic and Elliott structures aligning for a potential bullish extension in Tesla (TSLA). A well-defined ABCD pattern and 3-Drive pattern suggest momentum building toward the $500 zone, supported by Fibonacci projections and channel resistance.
The current wave structure points to an imminent 5-wave advance, likely completing the “Drive 3” and pattern D confluence area near $500–505. Following that move, a corrective pullback (ABC) is anticipated, possibly retesting prior support near $440–400.
Key elements featured:
ABCD completion zone: around $500
3-Drive pattern: confirming exhaustion at upper trendline
Elliott 5-wave projection: short-term bullish continuation
Possible corrective phase: after the final wave up
📈 Watching for confirmation of Wave iii and potential exhaustion signals near $500 before considering downside setups.
$MSTR: AB = CD target almost reachedNASDAQ:MSTR : the AB = CD targets $233 and today's low is $236.86. Very close. If NASDAQ:MSTR can bounce here, or fake breakdown to 233 or lower than bounce back, it would be good for Bitcoin. I don't own NASDAQ:MSTR shares and don't plan to trade this name. I'm looking at NASDAQ:MSTR as another data point to gauge bitcoin.
GBP/USD poised to rebound on demand and AB=CD support From the daily price of GBP/USD (British pound versus the US dollar), the pair has rebounded from demand at US$1.2871-US$1.3016, a move that is accompanied by the completion of an AB=CD bullish formation at US$1.3078 (100% projection ratio). From this point, traders tend to target the 38.2% and 61.8% Fibonacci retracement ratios derived from legs A-D at US$1.3307 and US$1.3491, respectively.
Written by FP Markets Chief Market Analyst Aaron Hill
BTC Bullish Continuation: The Significance of 50% RetracementsOver the past three years of bullish market cycles, the 50% retracement level has frequently acted as a reliable support zone following significant upward impulses.
In multiple instances, after establishing a new swing high, price has pulled back to a 50% level before successfully establishing a higher low and resuming the primary bullish trend with strong momentum. This demonstrates the level's importance in reloading the trend.
Following the most recent swing high, BITSTAMP:BTCUSD has executed a corrective move, which has now brought price precisely to the 50% retracement level of the overall bullish impulse.
This successful defense of the 50% retracement level strongly implies the formation of the next higher low (HL) in the overall bullish structure.
In summary, the market is currently at a high-probability reversal zone that has consistently preceded significant upward movements in Bitcoin's recent history. The risk/reward proposition favors a bullish continuation!
#BTCUSDT:Last Drop at 98K Before Hitting 140K?Bitcoin dropped significantly after reaching a record high of 125k. This comes after we announced a 100% tariff on China, creating fear in the global market, especially among crypto investors. We can now see a clear pattern forming, the AB=CD pattern, which is likely what others are also seeing.
Good luck and trade safely!
Team Setupsfx_
YM (Dow), Short idea (30-minute+3-minute TF)See the bottom two charts for the red bear zone I have for today. While it's entirely possible (due to TFs above 30 minutes) for the market travel up past this bear zone, it's a great risk/reward opportunity to take a shot short this morning.
Look for an interaction with the red zone, and momentum shift based on your rules for entry.
Happy trading!
-StoicTrader
Best Harmonic Patterns For Beginners in Forex Gold Trading
In the today's article, I will share with you 4 best harmonic patterns for beginners. We will discuss the structure of each pattern and the rules.
Harmonic ABCD Pattern
That pattern is based on 3 legs of a price movement:
AB leg - impulse leg,
BC leg - retracement with the range of XA leg,
CD leg - impulse leg that has the same direction, the same time horizon and the same length as the XA leg
AB and BC legs should be equal or almost equal, that makes the pattern harmonic.
The completion point of the pattern - D point can be applied for predicting a pullback.
ABCD pattern can be bullish and bearish.
In a bullish ABCD pattern, AB leg is bearish.
D point of the pattern will be a safe point to buy from.
In a bearish ABCD pattern, AB leg is bullish.
D point will be a safe place to sell from.
The next 3 patterns will be based on 4 legs of a move:
XA, AB, BC, CD and will have XABCD structure with the initial point of the pattern being X point.
D point will be a completion point of the pattern from where a pullback will be anticipated.
The type of the harmonic pattern will be identified with Fibonacci numbers. The exact placement of each point of the pattern will define the name of the pattern.
Harmonic Gartley Pattern
In Harmonic Gartley,
B point of the pattern should strictly be between 618 and 786 retracement of the XA leg.
C point should lie between 618 and 786 retracement of AB leg.
D point will be 1.272 extension of AB leg.
Bullish Gartley Pattern will be based on a bullish XA leg.
Bearish Gartley will be based on a bearish XA leg.
Harmonic Bat Pattern
In Harmonic Bat,
B point of the pattern should strictly be between 50 and 618 retracement of the XA leg.
C point should lie between 618 and 1 retracement of AB leg.
D point will be 886 retracement of XA leg.
Bullish Bat Pattern will be based on a bullish XA leg.
Bearish Bat will be based on a bearish XA leg.
Harmonic Cypher Pattern
In Harmonic Cypher,
B point of the pattern should strictly be between 382 and 618 retracement of the XA leg.
C point should lie between 1.272 and 1.414 extension of XA leg.
D point will be 786 retracement of XC leg.
Bullish Cypher will be based on a bullish XA leg.
Bearish Cypher will be based on a bearish XA leg.
These patterns are phenomenally accurate and they are very simple to recognize.
❤️Please, support my work with like, thank you!❤️
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$GLD: CD = 0.618 ABAMEX:GLD had a craze run and got hit with a big wave of shorts and profit taking above $4400/oz. I don't think the bull market in gold is over, only that it's in a correction.
It looks like a zigzag correction is unfolding. CD has reached 0.618 AB this morning, which enticed a bounce. It can go to CD = AB however.
I'm holding some GLD shares and have a Limit Order to buy at CD = AB ($348).
XAU/USD – 4H ABCD Harmonic Pattern | Possible Bullish ReversalXAU/USD – 4H ABCD Harmonic Pattern | Possible Bullish Reversal Toward 4850 🟡📈
Hey traders 👋
Gold has been on an impressive run recently, but now we’re entering a key retracement phase, setting up for what could become a textbook ABCD pattern completion.
The structure suggests that once price finishes its C-leg correction into the highlighted demand zone, there’s room for a strong bullish continuation — potentially extending all the way toward 4850.
🧩 Pattern Structure:
A → B: Strong impulsive move upward, defining the current bullish leg.
B → C: Deep retracement in progress — targeting the golden zone (0.618–0.65 fib retrace).
C → D: Expected next impulse, projected by the AB = CD symmetry and extended fib target (around 1.618).
Once C confirms support and holds within the shaded demand zone, we could see the next leg (D) launch.
📊 Technical Confluence:
Fibonacci retracement: 0.617 aligning with structural support — a high-probability reaction area.
Volume Profile: Strong buying interest clustered in this range, visible on the left-hand histogram.
RSI Divergence Indicator: Showing multiple bullish signals at local lows — early momentum hinting at buyer re-entry.
Market Structure: Uptrend intact on higher timeframes; current move appears corrective, not reversal.
This alignment gives weight to a bullish continuation scenario once the correction completes.
🎯 Trade Outlook
Entry Zone: Around projected “C” completion within the demand box.
Stop-Loss: Below the structural low / invalidation zone.
Take-Profit:
TP1: Near mid-structure resistance.
TP2: Previous high area.
TP3 / Final Target: 4850, projected from the full harmonic leg extension (AB = CD).
This setup offers a massive risk/reward potential, provided confirmation triggers (bullish candles, divergence hold, or breakout of minor structure).
⚠️ Key Notes
If price breaks below the green demand box, the pattern invalidates.
A retest confirmation or divergence hold will increase probability before entering long.
Watching the DXY for additional confirmation — a weakening dollar could accelerate this bullish scenario.
📌 Gold (XAU/USD) – 4H ABCD Setup Building Toward 4850 | Awaiting C-Leg Completion for Long Entry
Are you buying the dip at the C-zone or waiting for bullish confirmation first? Drop your view 👇
#XAUUSD #Gold #HarmonicPatterns #ABCDPattern #TechnicalAnalysis #PriceAction #SmartMoney #SwingTrade #BullishSetup






















