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Harmonic Patterns

Dow Jones Futures Wave 2 Pullback Targets 51,182–49,991Dow Jones Futures (YM) is pulling back to correct the cycle from the 45,430 low in wave 2. The Elliott Wave structure suggests that the index remains vulnerable to further downside in the near term, as long as it stays below the 53,105 high. The decline from the peak completed three swings within wave (w), followed by a corrective bounce in wave (x). This bounce ended at 53,105, and YM has since turned lower again. The current structure suggests that the index is developing another five-wave decline in wave (y), which could complete the larger wave 2 correction. We expect wave (y) to extend toward the 51,182–49,991 area. This zone represents the 100%–161.8% Fibonacci extension of wave (w) and could provide an important area for the next reaction. How YM responds there will help determine whether the entire wave 2 pullback has ended or whether the current decline represents only part of a larger correction. In the next 24 hours, we expect any bounce to fail in 3- 7- or 11-swings to continue downside while remaining below 53,105. However, the wave 2 pullback still appears relatively shallow compared with the previous advance from 45,430. Therefore, there is a possibility that the correction could extend further and develop into a larger 7- or 11-swing structure. For now, the near-term bias remains lower, with 51,182–49,991 serving as the key zone to watch for signs of support and a potential change in structure.
CBOT_MINI:YM1!
by Elliottwave-Forecast
USDJPY Forms a Clear Triple Top PatternUSDJPY has formed three distinct highs around the same resistance area, creating a clear triple top structure. Each attempt to move higher was rejected, showing that buyers are losing momentum while sellers continue to defend the upper zone. Price is now approaching the support beneath the pattern. A decisive break and close below this area would confirm the triple top and increase the probability of further downside toward 163.000. Until that support is broken, the pattern remains unconfirmed. For now, the key is to wait for a clear breakdown before expecting the bearish move to continue.
Short
by Fiona_Forex
NIFTY- Intraday Levels :- 31st July 2026 **Monthly candle will be formed and also Friday factor anything can happen,. Day closing price will be important**. NIFTY sustain above 24340 then 24388/408/14/28/48 above this bullish then 24488/502/516/28 above this more bullish then 24556 or 24578/96/600 or 24628/40/52/54 above this wait If NIFTY sustain below 24236/16 below this bearish below this wait more levels marked on chart My view :- "My viewpoint, offered purely for analytical consideration, The trading thesis is: Nifty (bullish tactical approach: buy on bip) This analysis is highly speculative and is not guaranteed to be accurate; therefore, the implementation of stringent risk controls is non-negotiable for mitigating trade risk." Consider some buffer points in above levels. Please do your due diligence before trading or investment. **Disclaimer -  I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk. Thank you.
NSE:NIFTY
by PrashantTaralkar
5
GRASS Potential to hit 20x in Next Altseason?$GRASS Broke Key Support — Expecting 30–50% More Downside Before The Next Major Rally My Previous Analysis Is Playing Out: #GRASS Has Now Broken The Key $0.35 Support Trendline, Confirming Short-Term Weakness. The Structure Has Turned Bearish, And I’m Expecting Another 30–50% Downside Move Before The Next Major Uptrend Begins. For Long-Term Investors, This Could Be An Opportunity To Accumulate At A Discount If Price Reaches The Planned HTF Accumulation Zone. Technical Structure ✅ $0.35 Support Trendline Broken (Bearish Confirmation) ✅ Long-Term Descending Channel Still Intact ✅ Macro Downtrend Remains Valid ✅ HTF Accumulation Zone: $0.23–$0.16 ✅ Major S/R Flip: $0.6229 (Bullish Above / Bearish Below) ✅ Resistance Targets After Reversal: $1 → $2 → $4 → $10+ ✅ Risk Invalidation: HTF Close Below $0.16 ➡️ Short-Term Structure: Bearish ➡️ Expecting 30–50% More Downside Before Bottom Formation ➡️ Watching For Price To Reach HTF Demand Zone Scenario 1 → Bullish Reversal: If GRASS Holds The $0.23–$0.16 HTF Demand Zone And Reclaims The Descending Channel, A Macro Trend Reversal Could Begin. Targets: $1 → $2 → $4 Extended Bull Cycle Target: $10+ Scenario 2 → Bearish Continuation: If Price Fails To Hold The $0.23–$0.16 Accumulation Zone With A Confirmed HTF Close Below $0.16, The Bearish Trend Remains Valid And Lower Levels Become More Likely. Structure Shift Requirements 1️⃣ Hold $0.23–$0.16 HTF Demand Zone 2️⃣ Break Descending Channel Resistance 3️⃣ Flip Resistance Into Support The $0.23–$0.16 Region Remains My High-Conviction Accumulation Zone. A Further Decline Would Simply Offer A Better Long-Term Entry Before The Next Major Bullish Expansion. TA Only. Not Financial Advice. ALWAYS DYOR.
KUCOIN:GRASSUSDTLong
by CryptoPatel
Gold Doesn’t Hate You — It’s Testing Your Risk ManagementAfter a few losing trades on Gold, many traders start saying things like, “XAU/USD is too difficult,” “Gold always hunts my stop loss,” or “The market is trading against me.” But the truth is simple: Gold doesn’t hate you. It is testing the way you manage risk. Gold is one of the most volatile markets. It reacts quickly to economic news, bond yields, the U.S. dollar, and shifts in market sentiment. That means if your position size is too large, your stop loss is too tight, or you trade emotionally, Gold will expose those mistakes very quickly. 1. The problem is not always your entry Many traders correctly predict the market direction and still lose money. Why? Because they: - Use too much leverage - Place their stop loss poorly - Move the stop when price goes against them - Hold losing trades for too long - Add more positions in an attempt to recover losses You can be right about the direction and still lose because your risk management is wrong. 2. Gold punishes poor discipline XAU/USD does not give traders much room to repeat the same mistakes. Just a few oversized trades or revenge trades can seriously damage an account. A beginner usually asks: “Will this trade win?” An experienced trader asks: “How much will I lose if this trade is wrong?” That is the real difference. 3. What does good risk management look like? A solid Gold trading plan should include: - Defining the risk before entering - Risking only a small percentage of the account - Placing the stop loss where the setup is truly invalidated - Never increasing position size just to recover a loss - Accepting that missing a trade is better than damaging the account 4. What Gold may be teaching you If Gold keeps hitting your stop loss, the market may not be working against you. It may be showing you that: - You are entering too early - Your stop loss is too tight - You are not waiting for confirmation - Your position size is too large for your risk tolerance This is not punishment. It is feedback. Checklist before trading Gold Before pressing Buy or Sell, ask yourself: - What percentage of my account am I risking? - Is my stop loss based on market structure? - Will I remain calm if this trade loses? - Am I following my plan or reacting emotionally? - Am I trying to trade properly, or just trying to make money quickly?
OANDA:XAUUSDEducation
by Samiraa_
2
Will Bitcoin hit $35000 before $300K?History Has A Habit Of Repeating Itself. In 2018, The SEC Rejected A Spot Bitcoin ETF While #Bitcoin Was Trading Around $8,500. Following The Rejection, BTC Crashed From $8,500 To $3,128, A 63% Correction. Yet Over The Next 3 Years, Bitcoin Rallied More Than 2,100% (ATH $69,000 in 2021) Now, We May Be Facing A Similar Moment With The U.S. Clarity Act. If The Clarity Act Is Rejected, I Believe The Market Could React Negatively In The Short Term. A 30–50% Correction Would Not Surprise Me, Which Could Put Bitcoin Somewhere In The $40K–$30K Range. However, If History Rhymes Again, That Correction Could Become The Foundation For The Next Major Bull Run. In My View, The Next 3 Years Could See Bitcoin Trading Above $300K By 2029. The Biggest Opportunities Often Appear When Fear Is At Its Highest. NFA. Always DYOR.
COINBASE:BTCUSDLong
by CryptoPatel
Why Simple Trading Often Produces Better ResultsMany traders believe that more indicators, more timeframes, and more analysis will improve their results. Often, the opposite happens. Too much information creates confusion. One indicator says buy, another says sell, and the trader starts changing decisions based on emotion. Simple trading does not mean careless trading. It means having a clear process: Market context → Key level → Confirmation → Risk First, understand whether the market is trending or ranging. Then wait for price to reach an important area. Do not enter immediately—look for confirmation. Before opening the trade, decide where the idea becomes invalid and how much you are willing to lose. A simple plan also makes patience easier. When your conditions are not present, there is no trade. You do not need to chase every candle or participate in every market move. Simple strategies are easier to review as well. You can clearly see whether the setup was valid, the risk was controlled, and the plan was followed. The goal is not to predict every movement. The goal is to make fewer decisions, but better ones. Beginners search for more signals. Professionals wait for clearer opportunities. This article is for educational purposes only and is not investment advice.
OANDA:XAUUSDEducation
by Fiona_Forex
ETH/BTC Is Inches Away From Breaking A 5-Year Resistance.ETH/BTC Is Inches Away From Breaking A 5-Year Resistance. This could become one of the biggest technical breakouts of the cycle. Why does it matter? Historically, major Altseasons begin when CRYPTOCAP:ETH starts outperforming BTC. A confirmed breakout on the ETH/BTC chart could trigger a massive rotation of capital into altcoins. Current Setup: 👉 5-Year Resistance: Almost Broken 👉 Accumulation Zone: 0.028–0.021 BTC 👉 Target: 0.075 BTC (≈170% from 0.028 BTC, ≈257% from 0.021 BTC) 👉 Stop Loss: 0.017 BTC The chart is reaching a make-or-break moment. If ETH/BTC confirms this breakout, it could mark the beginning of the next major Altseason. NFA. Always DYOR.
BINANCE:ETHBTCLong
by CryptoPatel
Why Simple Trading Often Produces Better ResultsMany traders believe that more indicators, more timeframes, and more analysis will improve their results. Often, the opposite happens. Too much information creates confusion. One indicator says buy, another says sell, and the trader starts changing decisions based on emotion. Simple trading does not mean careless trading. It means having a clear process: Market context → Key level → Confirmation → Risk First, understand whether the market is trending or ranging. Then wait for price to reach an important area. Do not enter immediately—look for confirmation. Before opening the trade, decide where the idea becomes invalid and how much you are willing to lose. A simple plan also makes patience easier. When your conditions are not present, there is no trade. You do not need to chase every candle or participate in every market move. Simple strategies are easier to review as well. You can clearly see whether the setup was valid, the risk was controlled, and the plan was followed. The goal is not to predict every movement. The goal is to make fewer decisions, but better ones. Beginners search for more signals. Professionals wait for clearer opportunities. This article is for educational purposes only and is not investment advice.
OANDA:XAUUSDEducation
by Fiona_Forex
EURUSD - Resistance Rejection Could Trigger a PullbackEURUSD has pushed sharply higher and is now testing an important resistance zone that has already rejected price several times. The latest reaction shows that buyers are struggling to maintain momentum inside this area. Therefore, I expect price may consolidate briefly before moving lower toward the 1.1400 support level. If EUR/USD forms a clear bearish rejection and remains below resistance, selling pressure could increase and strengthen the pullback scenario. However, if price breaks above the resistance zone with strong bullish momentum and holds above it, this bearish idea will no longer be valid. This is only my personal view based on the chart, not financial advice. Always wait for confirmation and manage your risk appropriately.
Short
by Fiona_Forex
EURUSD At Support - High probability reversalOANDA:EURUSD The pair has experienced a sharp decline and is now approaching an important support zone. Notably, there is still an unfilled gap below the current price. Therefore, I expect price may continue to pull back and fully fill this gap before forming a more sustainable recovery. If the gap is filled, followed by a clear bullish rejection while price holds above support, buying pressure could return and push the pair toward the 1.14350 target. On the other hand, if price breaks through the support zone with strong bearish momentum and remains below it, I will consider the recovery scenario invalid. In that case, the risk of a further decline toward lower levels would increase. This is only my personal view based on the chart, not financial advice. Always wait for confirmation and manage your risk appropriately.
Long
by LunaTrends
SPX Pullback Targets 7193–6953 Before Another BounceThe S&P 500 (SPX) is currently correcting the strong advance from the 6317 low to the 7620 peak in wave 2. Based on the current Elliott Wave structure, the index appears to be forming a flat correction. Sub-waves ((a)) and ((b)) look complete, and SPX is now progressing lower in the final five-wave decline of wave ((c)). We expect wave ((c)) to extend toward the 7193–6953 area. This zone represents the 100%–161.8% Fibonacci extension of wave ((a)) and could provide an area for the correction to find support and trigger another bounce. The structure still allows for the possibility of a deeper decline. However, as long as SPX remains above the 6317 low, we expect the pullback to eventually find support. The correction could complete in 3, 7, or 11 swings, depending on how the structure develops. In the short term, the index remains vulnerable to further downside. Over the next 24 hours, we expect SPX to continue lower while staying below the 7579 invalidation level. The decline may include short-term corrective bounces along the way as wave ((c)) unfolds. Once the correction completes, the broader bullish structure can resume, provided SPX holds above 6317. Therefore, the 7193–6953 region remains an important area to monitor for signs of support and a potential turn higher.
TVC:SPX
by Elliottwave-Forecast
1
EUR/USD: Support respected, another opportunity emergesThe EUR/USD chart reveals an interesting technical structure, where market positioning and price behavior are aligning around a key demand area. The focus of this setup is the support zone, a well-established region that has repeatedly attracted buying interest and prevented further downside, showing that buyers are actively defending this level. Price action around this area reflects a gradual absorption of selling pressure. Each return toward the support zone has been met with a responsive reaction, suggesting that sellers are losing momentum while buyers continue to build a foundation for a potential recovery. With this structure in mind, I see the current support area as a potential launching point for a move higher toward the 1.1430 region. The 1.1430 level stands as an important technical objective, representing both a realistic recovery target and a previous reaction zone where supply emerged. A sustained move beyond this area would require stronger bullish confirmation and a clear shift in market structure. For now, the probability favors a retest of this level as price respects the existing support framework and follows the logic of current price action. The focus is not on reacting to every market fluctuation, but on identifying areas where price has consistently shown meaningful reactions and where historical behavior can provide a stronger edge.
Long
by LunaTrends
NIFTY- Intraday Levels :- 30th July 2026 NIFTY sustain above 24259 then 24289/96/306/313 above this bullish then 24376/86 or 24393/96 above this more bullish then above this wait more level are marked on chart If NIFTY sustain below 24209/189 below this bearish then 24160/146 then 23136/129/110 below this more bearish below this wait more levels marked on chart My view :- "My viewpoint, offered purely for analytical consideration, The trading thesis is: both side movements are expected. This analysis is highly speculative and is not guaranteed to be accurate; therefore, the implementation of stringent risk controls is non-negotiable for mitigating trade risk." Consider some buffer points in above levels. Please do your due diligence before trading or investment. **Disclaimer -  I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk. Thank you.
NSE:NIFTY
by PrashantTaralkar
Trading Masterclass #1Institutional trading means trading like hedge funds, banks, prop firms, and professional desks. They do not trade based on emotions, random tips, or gambling. They use systems, probabilities, risk control, position sizing, discipline, and psychology. Retail traders often lose because they focus only on “entry.” Institutions focus on: Risk Management Capital Protection Position Sizing Probability Psychology Consistency Repeatable Edge In options trading, if you think like institutions, your results can improve significantly
NSE:BANKNIFTYEducation
by Knowledgehub
Institution Option TradingPCR (Put-Call Ratio) – Institutional Trading Strategy What is PCR? PCR = Put OI ÷ Call OI It shows market sentiment of big players in indices like NIFTY 50. Institutional Psychology 2. How Big Players Use PCR Retail buys options randomly Institutions control PCR zones to trap traders 👉 You follow PCR = You follow smart money 📈 PCR Levels (Game Changer) 3. Key Zones PCR < 0.7 → Bearish sentiment (too many Calls) → ⚠️ Reversal possible PCR 0.7 – 1 → Neutral zone PCR > 1.2 → Bullish sentiment (too many Puts) → ⚠️ Reversal possible
MCX:CRUDEOIL1!
by Knowledgehub
Oversold MarketsWhat is overbought? When the market goes up too much, too fast — like it got overexcited. RSI crosses above 70. This means most people who wanted to buy have already bought. Not many buyers left. So the market will likely slow down or fall a bit. What you do: don't buy now. If you're already in profit, book some of it. Keep your stop loss tight. What is oversold? When the market falls too much, too fast — like everyone panicked and sold everything. RSI drops below 30. Most of the panic selling is already done. So a bounce or recovery is likely coming. What you do: don't rush in all at once. Wait for one green candle or a volume pickup as confirmation. Then buy in small parts.
MCX:GOLD1!
by Knowledgehub
This 6-Year Ethereum Pattern Could Decide Next Crypto SupercycleThis 6-Year Ethereum Pattern Could Decide The Next Crypto Supercycle CRYPTOCAP:ETH Is Trading Inside A 6-Year Cycle Range While Sitting At The Bottom Of A Massive HTF Bull Flag Channel. This Is Where Long-Term Wealth Is Built, Not Where Retail Chases Pumps. If This Structure Breaks Out, The Next Major Target Is Around $12K, While The Full HTF Bull Flag Projects As High As $35K In The Long Run. Best Accumulation Zone: $1,500–$1,000. Targets: $7K | $10K | $15K | $25K | $35K Now I Understand Why Tom Lee Is Buying So Aggressively. NFA & Always DYOR
BITFINEX:ETHUSDLong
by CryptoPatel