MANAUSDT: AB=CD Pattern Signals More Downside?#MANA continues to respect its bearish market structure, with sellers firmly in control. On the 1-hour timeframe, price is developing a Bearish AB=CD Harmonic Pattern, indicating that another leg lower could be approaching.
Analysis Timeframe: 1H
Bias: Bearish 🔴
However, there is currently no bullish confirmation on the chart. Trying to catch a bottom in a strong downtrend can be risky, so patience remains the best strategy.
Trade Plan
Bearish AB=CD pattern is nearing completion.
Overall trend remains bearish.
No bullish divergence or reversal structure has formed.
Waiting for the previous Higher Low (HL) / key support level to break.
A retest of the broken support as resistance will provide the highest-probability short entry.
Entry Strategy
Entry: After support breakdown + successful retest
Stop Loss: Above the retest high or recent swing high
Take Profit: Next major support levels using a minimum 1:2 or better Risk-to-Reward ratio
Risk Management: Never risk more than 1% of your trading capital on a single trade.
Invalidation
If buyers defend the current support and reclaim the previous lower highs, this bearish setup will lose its validity. Until then, the trend continues to favor the sellers.
Key Takeaway
The trend is your friend. Rather than predicting reversals, wait for the market to confirm the breakdown. Trading with confirmation instead of emotion significantly improves consistency over the long run.
What do you think?
Will #MANA break support and continue its downtrend?
Or are the bulls preparing a surprise reversal?
Share your analysis in the comments!
If you found this analysis helpful, please Boost, Like, Comment, and Follow for more high-probability crypto setups and educational market analysis.
#MANA #MANAUSDT #Crypto #Altcoins #TechnicalAnalysis #ABCDPattern #HarmonicTrading #PriceAction #TradingView #CryptoTrading #Bearish #Breakdown #RiskManagement #DayTrading #SwingTrading #SupportResistance #ChartAnalysis #TradeSetup #EliteTechnicalAnalysisHub 
Short
Long
Long
Long
Long 
Accenture (ACN): Falling-Angel in the selloff ...[Accenture (ACN): Falling-Angel in the selloff — Navarro200 signals a bottom formation ...
NYSE:ACN
www.tradingview.com
Hello ❤TradingView Community😍
Accenture plc (NYSE: ACN) - On the weekly-chart.
This idea highlights the major, multi-year correction following the all-time high of $417.37 (Dec 2021) and focuses on the resulting Navarro200 harmonic pattern. The chart shows a clean, symmetrical M-pattern (X-A-B-C-D) with a distinct potential reversal zone near the current low.
A further price decline toward the key psychological level of $100 or a dip just below it must be factored in.
Potential PRZ/bottom range: $118–$135 (D-zone; marked on the chart as $118.15, current price range around $135)
Interpretation of the Navarro200
Pattern concept: Following a strong rally (X→A), a three-phase correction complex is being completed (A→B→C→D). The completion at D often results from the convergence of multiple Fibonacci projections/retracements. This exact overlap is present here—a classic sign of a potential trend reversal or, at the very least, an extended rebound phase.
Significance of 242.80 USD: This level acts as the pattern’s “central axis/neckline” and as a prominent retracement pivot. A sustained rise above this level would significantly strengthen the bullish scenario and open up room toward the higher retracement targets.
Possible bottom-forming-phase + key volume-levels (volume-profile) - monthly-chart
Following a correction of approximately 72%, the price has fallen into the PRZ and is showing initial signs of stabilization. For a valid bottom to form, I expect:
A sideways/accumulation phase spanning several monthly candles between approximately 118 and 155 USD.
A higher low above the D-zone (ideally >$125–130) as confirmation that sellers are running out of steam.
A monthly close above a nearby trigger zone—typically $155/$165—as the first structural signal.
A breakout above 242.80 USD would be the second, stronger confirmation that the market is shifting from “bottom” to “trend reversal” mode.
Potential Wolfe-Wave
From Elliott Wave's perspective
Scenarios
Bullish: Stabilization above 125–130 USD, breakout >155/165 USD, followed by a rally toward 200 and 232–243 USD. A breakout and hold above 242.80 USD opens the path to 268/302 USD.
Bearish/Invalidation: A monthly close below 118 USD negates the bottom hypothesis. In this case, psychological round numbers (100 USD) and lower historical zones come into focus.
Risk Management (for Swing/Position Traders)
Aggressive: Open a partial position in the D-zone (125–140 USD) with a tight stop-loss below 118 USD; add to the position upon confirmation (monthly close >155/165 USD).
Conservative: Wait to trade until the monthly close is above 165 USD or until 200 USD is regained; a second surge above 242.80 USD would confirm the trend.
Adjust position size to the monthly time frame; be mindful of event risks (earnings, macro, USD strength).
Conclusion
Accenture is showing a large Navarro200 pattern with clean convergence at the D-Zone around 118–135 USD. Such setups often mark the end of cyclical corrections. An extended bottoming phase is likely; clear bullish signals will only emerge with successive higher lows and monthly closes above 155/165 USD—and will be structurally confirmed above 242.80 USD. Until then, patience and disciplined risk management remain key.
As always, this is not investment advice. I am not personally invested.
I look forward to hearing your opinions and seeing your charts😍 — how are you trading this potential bottoming pattern in ACN ?
Have a good start to the week & successful trading decisions 💪
M_a_d_d_e_n ✌
NOTE: The above information represents my idea and is not an investment/trading recommendation! Without any guarantee & exclusion of liability!
Long
Long
Long
Long
GBP/USD | Rejection at Key Supply Favors Move Towards 1.3000GBP/USD has rallied into a key area of technical confluence, where I believe bullish momentum is beginning to lose strength. Following the completion of an A–B–C corrective structure, price has tested a well-defined 4-hour rejection area positioned beneath the 15th June High and in close proximity to the 200-period moving average. This region represents a significant supply zone where sellers have previously demonstrated control. Combined with elevated RSI readings and the completion of the corrective advance, the current price action suggests the market may be preparing for a broader bearish continuation. My primary downside objective remains the psychological 1.3000 level, which aligns with both a 1.618 Fibonacci extension and a previously identified support zone, creating a high-confluence target.
To illustrate my projected market sequence, I have incorporated TradingView’s Ghost Feed as a visual representation of the expected price path should sellers continue to defend the highlighted rejection area. The projected candles are intended to support the broader technical narrative rather than serve as the foundation of the analysis. From a macro perspective, while Sterling continues to benefit from a relatively supportive Bank of England stance and recent US dollar softness, I currently view these factors as insufficient to invalidate the technical structure developing on the 4-hour timeframe. Instead, I see the potential for a tactical correction within the broader market context, particularly if upcoming US economic data provides renewed support for the dollar.
Key Takeaway
My bias remains bearish while price continues to respect the highlighted rejection area below the 15th June High. A sustained rejection from this zone would reinforce the expectation of a move towards the 1.3000 key level, while a decisive close above the supply zone would invalidate the current bearish thesis and shift the focus towards further upside. As always, this analysis is based on probabilities rather than certainty, and I will continue to allow price action to confirm or reject the scenario before adjusting my outlook. 
Long
(GOLD)-XAUUSD | (1D) | Trend Analysis | Prof.TraderTilkiGuys, greetings,
Everyone is making comments about gold now, but I want to give you important insights.
Although gold makes intraday upward moves, according to the daily analysis it is still in a downtrend. Don’t forget this. For us to say gold has reversed, it must break above 4430 and 4300. These levels are key, and I emphasize their importance strongly.
If gold rises above these levels, makes a pullback, and takes support again, then my target will be 4700.
But for now, the rules to confirm a trend reversal have not yet formed.
I share these updates because I care about you.
Guys, I continue these analyses thanks to your likes. Thank you to everyone who supports with likes. Long 
Short 
Short
Inside Bitcoin Magazine’s Retweet — Jack Dorsey Pays with BTCA widely shared post on social media highlighted Block CEO Jack Dorsey’s decision to pay with Bitcoin at a counter. This tweet, amplified by Bitcoin Magazine, has sparked significant discussion online and reflects the ongoing interest in cryptocurrency’s real-world applications. The original tweet can be viewed here.
The Key Development
The tweet from Bitcoin Magazine, which garnered 542 likes and 80 retweets, emphasizes a notable moment in cryptocurrency adoption. Dorsey’s action represents not just a personal financial choice but also serves as a symbol of Bitcoin’s increasing acceptance in everyday transactions. This incident resonates within a broader context, where discussions around Bitcoin’s utility are becoming more prevalent, especially amid mixed signals in the broader crypto market.
Key Takeaways
Jack Dorsey utilized Bitcoin for a payment, Bitcoin Magazine amplified the tweet, the tweet received significant engagement from the community.
The Numbers
Currently, the cryptocurrency market is experiencing mixed signals, with variable momentum across different assets. As noted, no specific price movements or trading volumes are reported at this moment. However, the social media buzz surrounding Dorsey’s payment could influence community sentiment and engagement levels in the short term.
Jack Dorsey, a prominent figure in the Bitcoin community, has been a vocal advocate for cryptocurrency adoption. His company, Block, has integrated various cryptocurrency functionalities, pushing for wider acceptance. This recent transaction aligns with Dorsey’s ongoing efforts to promote Bitcoin and reflects the growing trend of cryptocurrencies being used in everyday scenarios.
Key Levels to Watch
Traders and community members are closely watching social media engagement around Bitcoin and its real-world applications. The excitement generated by Dorsey’s payment could lead to increased discussions and potential adoption among businesses. Additionally, this trend of high-profile endorsements might encourage more users to explore Bitcoin payments, especially if they witness practical implementations in their daily lives. 
Short
XAUUSD Daily - Watching for Wave 5 CompletionXAUUSD remains in a bearish trend on the daily timeframe, continuing to form lower highs and lower lows. The current decline appears to be the final leg of a larger bearish cycle, with sellers maintaining control as price moves toward a significant liquidity area.
From an Elliott Wave perspective, the market appears to be developing Wave 5 following the completion of Waves 1 through 4. As this final bearish leg unfolds, price is approaching a major demand zone between 4,084 and 4,119, where Wave 5 could potentially terminate.
This area is particularly important because it represents a key liquidity objective below recent lows. Markets often seek liquidity before establishing a meaningful reversal, and a move into this zone could trigger a final sweep of sell-side liquidity. Such a move would help clear remaining downside liquidity and potentially create the conditions for buyers to step back into the market.
As price approaches the demand zone, traders should monitor for signs of seller exhaustion, including a liquidity sweep, strong rejection from the lows, or a bullish market structure shift. These developments would suggest that the market has completed its liquidity objective and that the bearish cycle may be nearing its end.
While the broader trend remains bearish for now, the 4,084–4,119 region stands out as a high-interest area where liquidity, market structure, and Elliott Wave projections converge. If buyers begin to absorb selling pressure within this zone, it could signal the completion of Wave 5 and the start of a larger corrective recovery. Short 
Pi Network Sets June 18 Deadline for Protocol 25 Node UpgradePi Network has entered another important phase of its mainnet development. The Pi Core Team announced that all mainnet node operators must complete the upgrade to Protocol 25 by June 18, 2026, or risk losing connection to the network. The update is part of Pi Network’s long-running roadmap that is gradually moving nodes from Protocol 19 through Protocol 26.
In a post on X, the team reminded node operators to plan ahead for the migration. The announcement quickly sparked discussion across the Pi community, with operators preparing for another network-wide transition.
Protocol 25 Marks the Next Step in Pi’s Upgrade Path
The latest upgrade follows the successful rollout of Protocol 24 and continues Pi Network’s sequential migration process. According to the roadmap, nodes must upgrade in order and cannot skip versions. The current path moves from version 24.1 to 25.2, with Protocol 26 expected to follow at a later date.
Unlike some previous migrations, the Protocol 25 upgrade is designed to be relatively quick. Pi Network said most nodes should experience less than five minutes of downtime during the process. However, the team advised operators not to upgrade all nodes simultaneously. Instead, they should redirect traffic to other nodes or use Pi’s mainnet API infrastructure while the migration is underway.
Node Operators Begin Preparing for June 18
The deadline has already caught the attention of the community. Pi advocate PiNetwork DEX said he plans to notify node operators to complete upgrades in batches before June 18 to help ensure a smooth transition across the network.
Questions also surfaced about node participation and network growth. Some community members asked whether the total node count has approached 400,000 and where updated testnet statistics can be viewed. While the Core Team has not commented on those figures, the discussion highlights growing interest in the health and scale of the Pi Network ecosystem.
Upgrade Process Differs by Node Type
For users running Pi Desktop on Windows or macOS, the process is largely automatic. The protocol update will trigger when the node software starts. Linux users operating through the newer Pi Linux Node CLI may not need to take action if auto-updates are enabled. Those without automatic updates must manually run the upgrade command.
Meanwhile, operators using legacy self-managed Docker containers will need to update their Docker image and restart services using the latest Protocol 25 release. Pi Network stressed that operators should monitor synchronization status after upgrading to confirm the migration has completed successfully.
What This Means for Developers and Investors
For developers, Protocol 25 is another sign that Pi Network continues to strengthen its infrastructure ahead of future upgrades. Consistent node participation is critical for network stability, scalability and future ecosystem growth. For investors and community members, the upgrade itself is not a direct price catalyst. But it demonstrates that the project is continuing to execute its technical roadmap despite ongoing market volatility.
That progress comes at a time when Pi Network remains under pressure from large token unlocks and weak market sentiment. Many holders are closely watching whether ecosystem development can eventually offset the additional supply entering circulation. As June 18 approaches, the focus now shifts to node operators. Their ability to complete the Protocol 25 migration on time will help determine how smoothly Pi Network advances toward the next stage of its mainnet evolution.
