Andre_Cardoso

Andre_Cardoso

TVC:DXY Over recent sessions, I’ve been highlighting a critical zone for the TVC:DXY between $98.70 and $98.80 , where several important technical patterns are forming that could signal the start of a rebound after the recent decline. ➡️ The dollar broke below the Head and Shoulders neckline at $100.27 , hitting the default target I projected at ...

Andre_Cardoso

PEPPERSTONE:NZDJPY After completing a bearish Shark pattern at 87.59, the pair has been in corrective mode and is now testing a critical support at 85.05 — which also serves as the neckline of a potential head and shoulders formation. A clean break below 85.05 would confirm the pattern and likely open the door for a deeper move toward the monthly fractal...

Andre_Cardoso

BITSTAMP:BTCUSD Bitcoin has broken out of its previous range — defined by resistance at $105,700 and support at $100,760 — to complete a bearish Shark pattern at $106,600, aligned with the 224% Fibonacci extension. This breakout led directly into a high-probability reversal zone. With the harmonic pattern now fully formed, BITSTAMP:BTCUSD may be set for a...

Andre_Cardoso

FX_IDC:XAGUSD Silver has broken above the $32.62 resistance, confirming bullish momentum and clearing the way for continued upside. However, traders should be aware of key harmonic resistance zones now coming into view. A bearish alt-bat pattern is projected around $33.44, while a bearish crab pattern emerges near $34.22, aligning with the 161.8% Fibonacci...

Andre_Cardoso

FX:XAUUSD Gold has broken above the intraday fractal resistance at $3249, confirming short-term bullish momentum and opening the door for a potential move toward the upper boundary of the descending parallel channel in play since the April 22nd highs at $3500. This upside continuation could also complete a bearish crab pattern, now projected around the $3353...

Andre_Cardoso

PEPPERSTONE:EURNZD The pair is currently testing the neckline of a developing inverted head and shoulders pattern, just below the 1.9106 resistance. A confirmed breakout above this level would validate the bullish reversal structure and open the door for a potential rally toward the 200% Fibonacci extension, projected around 1.9336 — the classic target zone...

Andre_Cardoso

FX:GER30 The German DAX remains technically trapped in a defined range, with resistance now under pressure at €23,960 and intraday support printed at €23,358 . Notably, the index continues to reject the idea of reclaiming the weekly fractal resistance from March, forged at €23,478 . The index is forming a bearish at-bat pattern , with a PRZ projected...

Andre_Cardoso

OANDA:SPX500USD The Index is approaching a critical technical juncture as a bearish Alt-Bat harmonic pattern* completes on the 4-hour chart. This formation, finalized at the 113% Fibonacci extension level at $5,924 , signals a potential shift in market sentiment after a sustained period of upward momentum. Price action recently touched a new high at $5,924 ,...

Andre_Cardoso

OANDA:WTICOUSD We need to shift to the weekly chart to better understand the potential downside for OANDA:WTICOUSD Crude Oil. Crude Oil has already broken below the daily, weekly, and monthly fractal support levels. The drop below the monthly fractal support at $65.65 has opened up the potential for a significant decline. With this key support level...

Andre_Cardoso

PEPPERSTONE:GBPAUD Setup Breakdown: The recent completion of a bearish Alt-Bat pattern suggests a potential shift in market dynamics, signaling a possible downside move. While buyers previously maintained control, the emergence of this harmonic pattern indicates exhaustion. If selling pressure intensifies, the price could retrace towards key Fibonacci...

Andre_Cardoso

TVC:DXY The DXY has broken below the 106.96 support, establishing a new fractal at 106.14 while testing the major April 2024 fractal resistance forged at 106.51. This price action leaves the dollar in a critical decision zone, with two main scenarios in play: 1️⃣ Bullish Scenario: If the dollar holds above the newly formed support and reclaims the daily...

Andre_Cardoso

NASDAQ:AMZN The stock broke key support at $216.20, confirming the potential for a deeper correction. This move follows the completion of a Bearish Shark pattern at $227.76, reinforced by a strong bearish divergence that has been unfolding since late June 2023. 🔹 Bearish Scenario – Fibonacci Targets Below: The Bearish Shark pattern has a default target...

Andre_Cardoso

NASDAQ:MSFT The stock broke key support at $404.37 in yesterday’s session, signaling a potential for further downside. This breakdown confirms the breach of a major consolidation triangle that had been forming since the August 5, 2024 lows, following a sharp decline from $468.35. 🔹 Bearish Scenario – Lower Levels in Focus: With the triangle breakdown...

Andre_Cardoso

NYSE:HPE The stock is testing critical support at $20.55 , which serves as the neckline of a potential double top reversal pattern . The stock remains in a broader uptrend since March 2020, but the current price action is showing increasing downside pressure, putting this key level at risk. 🔹 Bearish Scenario – Breakdown in Focus: A clear break below...

Andre_Cardoso

FX_IDC:XAUUSD Gold is currently testing a critical resistance zone near $2,947, where a Bearish Crab harmonic pattern has formed. This structure suggests potential downside risk as price approaches exhaustion at this key level. 🔹 Technical Breakdown: 📌 Resistance: $2,956 📌 Bearish Crab PRZ (Potential Reversal Zone): $2,947 📌 Support Levels: $2,916 →...

Andre_Cardoso Updated 

BITSTAMP:BTCUSD Overview We explore the key resistance and support levels, potential pattern formations, and what we should monitor in the coming sessions. Bitcoin appears to be forming an expanding triangle within the broader range of its weekly fractals. Additionally, there is the potential emergence of a double top reversal pattern . This pattern has...

Andre_Cardoso

PEPPERSTONE:EURAUD PEPPERSTONE:EURAUD is now trading below the double top neckline/support , increasing the likelihood of further downside pressure. The default target for this pattern sits at 1.6276, aligning with the 200% Fibonacci extension. At this stage, we are closely watching the 1.6357 support level —a break below this zone could trigger...

Andre_Cardoso

PEPPERSTONE:EURGBP The pair is showing signs of weakness, with price action flirting with a potential break below 0.8265. If this level gives way , the pair could retest mid-December lows and the weekly fractal support at 0.8222. We may see the formation of a bullish Crab pattern, projecting a reaction near 0.8237, just above key support. Should this harmonic...