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Harmonicforex

BTC 20,550/20,850 then 18,950BTC has many fibs lining up in the same place - at 20,850. That is the 1.414 of AC, the 1.272 of OC, the Elliot Wave impulse of 2.14, and also this same level 20,850 is the 0.236 fib from 25,188 to current support (19.5k). It would be a good idea to short this level if it hits. I expect a bounce (or drop) from 20,550 which is the 1.618 impulse from the bottom. The target of the Short to then flip LONG is 18,950. Then we can continue to trade the channel.
by reiiss7
4
CHFJPY TRIPLE TOP Pair: CHFJPY Timeframe: 1D , 4H Analysis: Round number level, trend line, volume profile, support and resistance, triple top, ————— Key Takeaway: Seen a triple top form at this level of critical resistance, we are also seeing a wick form on the level of high volume telling us price is taking some bearish pressure ————— Level needed: need a close by 143.080 ————— Trade: Short RISK:REWARD 1:6 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Short
by TheGoldRoom
4
CADJPY CONTINUATION SETUPPair: CADJPY Timeframe: 1D , 4H Analysis: Round number level, trend line, volume profile, support and resistance ————— Key Takeaway: Already a break of trend line, we are looking to see a break of this dynamic resistance level, if we close above a continuation of uptrend is in order for sure ————— Level needed: need a close by 106.850 ————— Trade: Long RISK:REWARD 1:4 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Long
by TheGoldRoom
USDCAD MAJOR DOUBLE TOP FOR SELL!Pair: USDCAD Timeframe: 1D , 4H Analysis: Round number level, trend line, volume profile, support and resistance, ascending triangle, cypher pattern, elliot wave theory ————— Key Takeaway: Major double top, can defo catch the retracement of this pair(bearish). Already seeing a mad bearish hammer candle indicating that price might infact switch and we might see bearish movement ————— Level needed: need a close by 1.31465 ————— Trade: Short RISK:REWARD 1:7 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Short
by TheGoldRoom
CADJPY BREAK OF TREND AND RE-TEST Pair: CADJPY Timeframe: 1D , 4H Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern ————— Key Takeaway:Seen a break of support and trend line, we have just seen a retest of broken trend line using it as resistance, we just need some bearish momentum now before we can short safely ————— Level needed: need a close by 105.595 ————— Trade: Short RISK:REWARD 1:5 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Short
by TheGoldRoom
EURAUD BUYING OPPURTUNITY Pair: EURAUD Timeframe: 1H , 4H Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern, ascending triangle, consolidation break ————— Key Takeaway: Price cannot seem to break this level of support / high volume level and rounded number, we have news at 10AM which will hopefully push the pair off this level with high volatility ————— Level needed: need a close by 1.47040 ————— Trade: Long RISK:REWARD 1: ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Long
by TheGoldRoom
AMAZING GBPNZD SHORT SETUPPair: GBPNZD Timeframe: 1D , 4H Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern ————— Key Takeaway: Alot of bearish action for GBP in general meaning we are looking for short trades. here we have seen signs of breaking pennant. We now need to see closes below dynamic support / high volume level and rounded number before we can enter ————— Level needed: need a close by 1.89440 ————— Trade: Short RISK:REWARD 1:7 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Short
by TheGoldRoom
AUDJPY BREAK OR BOUNCE?Pair: AUDJPY Timeframe: 1H , 4H Analysis: Round number level, trend line, volume profile, support and resistance, consolidation, pennant pattern, ascending triangle, rule of 3 ————— Key Takeaway: Price has stalled by our "rule of three" area meaning we are either going to see a break or a bounce from this level ————— Level needed: need a close by — ————— Trade: Neutral RISK:REWARD 1:4+ SL: — TP: — ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
by TheGoldRoom
2
EURJPY WILL BE FINALLY BREAK PENNANT PATTERN?Pair: EURJPY Timeframe: 1D , 4H Analysis: Round number level, trend line, volume profile, support and resistance, ascending triangle, pennant pattern ————— Key Takeaway: Seen the EUR gain a bit of bullish strength this week, we have a high impact news event at 10AM so this will be the decider to whether we break the top of pennant or bounce ————— Level needed: need a close by 139.215 ————— Trade: Long RISK:REWARD 1:11 SL: 20 TP: 220 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Long
by TheGoldRoom