Harmonicforex
GBPUSD PENNANT BREAK, UPSIDE POTENTIALPair: GBPUSD
Timeframe: 1D , 4H
Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern
—————
Key Takeaway: If we see a break above our rounded number and top of pennant patter on the next 4H close we will be looking for potential buy trades. We need to also see alot of volatility for the pair.
—————
Level needed: need a close by 1.15777
—————
Trade: Long
RISK:REWARD 1:5
—————
DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
AUDUSD Bullish AB=CD, will the bears dive into a trap?This pair has been held captive by the bears, plummeting the currency value since early 2021. A bullish ab=cd is in midst of the bears target. Will the bears be triumphed by their rivals the Bulls, or will they take a breather before devouring any Bulls along their way?
XAUUSD ShortTime Frame: 4H
Symbol: XAUUSD
Entry: 1729.702
TP: 1700.869
SL: 1752.641
Bias: Short
For gold our priority is for availing a selling opportunity. The current price level is not yet strong enough to jump upward with enough momentum to drive the level to a profit area and therefore our bias remains bearish.
AUDCAD DESCENDING TRIANGLE BREAKOUTPair: AUDCAD
Timeframe: 1H , 4H
Analysis: Round number level, trend line, volume profile, support and resistance, descending triangle pattern
—————
Key Takeaway: Alot of bullish momentum for AUD as it is altogether, we are at a critical level of reaction at the moment by the top of our descending triangle. We are looking for a close above this level on the 4H chart, a re-test would also give us the perfect confirmation we need to enter long
—————
Level needed: need a close by 0.89635
—————
Trade: Long
RISK:REWARD 1:9
—————
DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
USDCHF POSSIBILE SUPPORT BREAK?Pair: USDCHF
Timeframe: 1H , 4H
Analysis: Round number level, trend line, volume profile, support and resistance
—————
Key Takeaway: Seen some good strength for USD which will ultimately bring this pair down, we need to see a close below support if it gets broken and rounded number to be entering short although the possibility of a bounce is also in play
—————
Level needed: need a close by —
—————
Trade: Neutral
RISK:REWARD 1:5
—————
DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
BTC LONG 20.1k -> 21.5kI'm seeing a lot of 0.5 / 0.886 symmetry in this market currently. I will be buying 20.1k with a target of the 0.886 retracement 21.5k and then opening a short to TP around the 20.1k level again.
From there, we will see. But essentially, price is VERY likely to hold 20k for a while, with probably only a quick break below for liquidity until the mid 22's.
Of course, this is all a scam, but I think we will see up movements for the next 1-3 weeks.
EURJPY REVERSAL TRADE Pair: EURAUD
Timeframe: 1H , 4H
Analysis: Round number level, trend line, volume profile, support and resistance, n pattern,
—————
Key Takeaway: Seen a break of support and a huge bearish drop in price, we need a close below this level before we enter
—————
Level needed: need a close by 1.46900
—————
Trade: Short
RISK:REWARD 1:5
—————
DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION