USTEC was moving in an upward direction until it reached a strong resistance zone around 17,000 USD. And is now forming a potential reversal pattern: AB=CD. Will USTEC break the resistance level and rise? Or fall to lower levels?

Let us know:https://bit.ly/3ECF4Zx
 

Attachments

  • [EN] PROM-7907_2024 - W03 - USTEC Nasdaq harmonic pattern.jpg
    [EN] PROM-7907_2024 - W03 - USTEC Nasdaq harmonic pattern.jpg
    313.1 KB · Views: 1
It seems that BTCUSD is forming an inverted head & shoulders pattern on H4 timeframe and the price is moving towards the nearest resistance zone at $46,000 - $48,000.

However, if it is not able to stabilize above the right shoulder of the pattern, BTC may fall to $40,000 - $39,000.
Based on what you see on this chart, are you buying or selling?

Let us know here: https://bit.ly/3ECF4Zx
 

Attachments

  • [EN] PROM-7985_2024 - W05 - BTCUSD inverted head & shoulders pattern.jpg
    [EN] PROM-7985_2024 - W05 - BTCUSD inverted head & shoulders pattern.jpg
    345.6 KB · Views: 2
Cable and the rectangle patternGBPUSD is moving in a sideways range, forming a harmonic rectangle pattern, and it seems that it has now reached the support zone represented by the lower side of the pattern.
Below, the Stochastic oscillator indicator is intersecting over in the oversold zone.

Are you buying or selling?
Let us know here: https://bit.ly/3ECF4Zx
 

Attachments

  • [EN] PROM-8024_2024 - W06 - GBPUSD Rectangle pattern.jpg
    [EN] PROM-8024_2024 - W06 - GBPUSD Rectangle pattern.jpg
    434.5 KB · Views: 1
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