PRZ as Bat/Gartley pattern on EURUSD to buyPrice has come to the zone in which the bat pattern and a Gartley has been formed. I'm expecting a the price to go to TP3. Anyways, take partials when hitting TP1 or protect the trade on BE. It already confirmed with candles that the market could go bullish.
Do you have another point of view? Let me know on the comments.
Harmonicforex
JPYUSD ShortTime Frame: 4H
Symbol: JPYUSD
Entry: 0.007809
TP: 0.007525
SL: 0.008009
Bias: Short
The pair is trending short and will continue to do so until JPY gets some substantial strengths to fight back dollar. For the time being, there is no hope of return. So we are projecting a sell opportunity again.
PRZ as ABCD pattern at GBPNZD to sellGBPNZD has another AB=CD with a 0.618 retracement and a projection of 1.618 with almost exact price range and time lenght. We have a SL just above the point D. Risk management has to be low as the previous trend was strongly bullish and place TP1 of the AB=CD pattern.
JPYUSD ShortTime Frame: 4H
Symbol: JPYUSD
Entry: 0.007905
TP: 0.007651
SL: 0.008149
Bias: Short
The trend is downward and very clear. All moving average lines are aligned and signaling a short opportunity . Our bias is short and we are hopeful that this trend may continue next few weeks creating further rooms for selling opportunity.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.30441
TP: 1.28750
SL: 1.31709
Bias: Short
We are looking for a short opportunity in GBPUSD. As we see the price pattern of GBPUSD is clearly showing a bearish bias all along. There does not exist any hope now for a strong bullish opportunity. So we vote for a sell opportunity.
USDCHF LongTime Frame: 4H
Symbol: USDCHF
Entry: 0.94379
TP: 0.96097
SL: 0.92802
Bias: Long
There is a possibility that the pair will move further up considering the current context. However, any trade should be taken carefully. It is comparatively difficult to manage trades in a low volatile market conditions.
XAUUSD UPDATEGOLD has been rallying to the upside as we would expect during such uncertain times as investors look to gold as a safe haven asset. But the market is now over extended and i am expecting a corrective move. We can identify price is about to test a strong level of 1D supply, also on the 1D TF we can identify the price has formed a harmonic pattern in the form of a W formation, generally speaking the market tends to complete this pattern at the neckline giving us a intraday downside target, we will be monitoring price action on the lower timeframes and waiting for one of our valid entry confirmations inside of the level of supply before we can be potentially looking at capitalising on this corrective move to the downside.
EURAUD Triangle Breakout higher probability for a SHORTTriangle Breakout will probably see a fake breakout to the upside on 4HR chart then will proceed to breakout short for the higher probability. Targets and SL are noted on the chart for either way. Remember to trade on the third candle after breakout on 4HR TF. Good Luck!