Harmonicforex
USDCHF LongTime Frame: 4H
Symbol: USDCHF
Entry: 0.95807
TP: 0.96883
SL: 0.95096
Bias: Long
Currently the price pattern of this instrument is pointing towards a bullish directional bias. The overall trend and momentum is not of high probability opportunities but there is still a ray of hope for a bullish trade.
EURUSD, BOUNCE OF LOWEST LOW SINCE 2002?Pair: EURUSD
Timeframe: 4H, 1D
Analysis: Round number level, trend line, volume profile, support and resistance, lowest low
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Key Takeaway: Approaching the lowest low since 2002, we are most definitely expecting a bullish bounce from this level
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Level needed: need a close by 1.0000
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Trade: Long
RISK:REWARD —
SL: —
TP: —
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
EURNZD > I Still Hope I Can Take One More Sell Here.Analysis of #EURNZD
Here we have a good setup as well, recently the EURNZD provided me with a nice entry, and gave us easy 80 pips, I still hope I can take one more sell here.
Looking at the chart, we have trendline resistance, with structure support, bot coincides at 1.6280-1.6290, which will a very good place to sell the market looking to target the net level of distance, that is if the rules for entry are met 😉
Please support me by boosting this idea so it can get to more and more traders
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GPBCAD CONTINUATION SETUP?Pair: EURJPY
Timeframe: 4H, 1H
Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern, inverted head and shoulders
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Key Takeaway: Seen a break of resistance, head and shoulders pattern for more confirmation, just need a push through high volume and round number level
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Level needed: need a close by 137.555
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Trade: Long
RISK:REWARD 1:5
SL: 44
TP: 230
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
EURJPY INVERTED HEAD AND SHOULDER BREAKPair: EURJPY
Timeframe: 4H, 1H
Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern, inverted head and shoulders
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Key Takeaway: Seen a break of resistance, head and shoulders pattern for more confirmation, just need a push through high volume and round number level
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Level needed: need a close by 137.555
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Trade: Long
RISK:REWARD 1:5
SL: 44
TP: 230
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
WILL WE SEE AUDUSD BREAK THIS VITAL SUPPORT?Pair: AUDUSD
Timeframe: 4H, 1H
Analysis: Round number level, trend line, volume profile, support and resistance, descending triangle pattern
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Key Takeaway: Need a break of support, already seen a break of high volume level, we also need some strong bearish momentum
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Level needed: need a close by 0.68500
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Trade: Short
RISK:REWARD 1:7
SL: 21
TP: 146
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
USDJPY KEY LEVELS BREAK OUTPair: USDJPY
Timeframe: 4H, 1D
Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern
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Key Takeaway: Need a big push up with alot of bullish momentum as we have already broken key levels of resistance and using them now as support
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Level needed: need a close by 136.890(bullish)
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Trade: Long
RISK:REWARD 1:6
SL: 29
TP: 243
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Possible Double Bottom, 22k StillPossible Double Bottom with good Buying.
Double Bottom pattern target is 1x above the neckline - this would be around 21,950-22k. The 0.886 fib X-D also meets here, which would create a potential bearish harmonic .
If this does happen, my profit target will be the 1.618 and 3.14 fibs - around 20k and 18.3k.
There is a descending triangle , but I won't be shorting here - I have a feeling it will break upwards.
CADCHF BEARISH CONTINUATION TRADEPair: CADCHF
Timeframe: 4H
Analysis: Round number level, trend line, volume profile, support and resistance, descending triangle
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Key Takeaway: Need a break of support
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Level needed: need a close by 0.73760
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Trade: short
RISK:REWARD 1:6
SL: 13
TP: 79
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
EURCHF CONTINUATION TRADEPair: EURCHF
Timeframe: 4H
Analysis: Round number level, trend line, volume profile, support and resistance, descending triangle, Fib retracement
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Key Takeaway: Seen bounce off support turned resistance and fib 0.5 level
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Level needed: need a close by 0.96750
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Trade: short
RISK:REWARD 1:8
SL: 19
TP: 144
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
NZDCAD VERY HIGH VOLUME LEVEL APPROACHPair: NZDCAD
Timeframe: 1D
Analysis: Round number level, trend line, volume profile, support and resistance, descending triangle, n pattern
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Key Takeaway: Need a bounce off support and high volume level (blue line)
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Level needed: need a close by 0.81070
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Trade: Long
RISK:REWARD 1:7
SL: 19
TP: 129
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION