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Harmonictraders

AUDCAD POSSIBLE PENNANT BREAK?Pair: AUDCAD Timeframe: 4H Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern break ————— Key Takeaway: Price is seeing a lot of bullish pressure and we have just seen a break of a major resistance trend line, we are waiting for a close above dynamic resistance as price could be producing a fake out which we have to be careful of ————— Level needed: need a close by 0.89600 ————— Trade: LONG RISK:REWARD 1:7 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Long
by TheGoldRoom
AUDJPY ASCENDING TRIANGLE BREAKPair: AUDJPY Timeframe: 1D Analysis: Round number level, trend line, volume profile, support and resistance, ascending triangle, double bottom ————— Key Takeaway: Price has already broken price to the upside of the ascending triangle and come back down for a re-test. We have also seen that a double bottom has formed indicating strength of the resistance turned support level. ————— Level needed: need a close by 96.000 ————— Trade: LONG RISK:REWARD 1:6 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Long
by TheGoldRoom
BTC Long TermHey y’all, this is where I’m at with BTC on the daily. We are now at a area where BTC will either recover, on possibly move to the downside to the .886 Fib Retrace Ratio. We are currently at the .776 now, but technically this pattern would also still be valid at if we dropped down to the 886. The oscillators are in fact showing bullish divergence so it is possible that we could make a move and follow the rules of a bullish 5-0, but yet again it is also possible we continue to shift downwards. BTCs move will be solely dependent on the rest of the markets, as those unfortunately aren’t looking to hot neither. Hope everyone is keeping their cool and and not being effected by the fear and panic that many people show and to always look at the bigger picture and not the short term. There is so much opportunities in both Bull and Bear markets. Don’t be fed fear and stay sharp traders. Respect The TA!
BITSTAMP:BTCUSD
by BShellhammer
USDCAD HEAD AND SHOULDERS DROP Pair: USDCAD Timeframe: 1H , 4H Analysis: Round number level, trend line, volume profile, support and resistance, head and shoulder pattern ————— Key Takeaway: USD is dropping significantly today and we are going to squeeze gains out of this retracement. Bounced very nicely off resistance on the right hand shoulder and seeing great bearish pressure now ————— Level needed: need a close by 1.32775 ————— Trade: Short RISK:REWARD 1:3 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Short
by TheGoldRoom
CADJPY HUGE RETRACEMENT BOUNCE Pair: CADJPY Timeframe: 1H , 4H Analysis: Round number level, trend line, volume profile, support and resistance, ascending triangle, bounce off key levels ————— Key Takeaway: Seen a big retracement for the pair of the past couple of weeks down to a critical level that has now been touched, we are looking for a big swing of bullish momentum before signs for entry can be found. We have stalled and are consolidation when high volume level and support level has been touched and also hit key fib levels. ————— Level needed: need a close by — ————— Trade: Long RISK:REWARD — ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Long
by TheGoldRoom
2
USDCHF RESISTANCE BREAKS Pair: USDCHF Timeframe: 1D , 4H Analysis: Round number level, trend line, volume profile, support and resistance, breakout ————— Key Takeaway: There is a lot of strength for USD itself so the main bias is bullish, we will be looking for breaks of resistance. We have already broken high volume level we just need a close above resistance ————— Level needed: need a close by 0.96725 ————— Trade: Long RISK:REWARD 1:5 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Long
by TheGoldRoom
1
AUDUSD HEAD AND SHOULDERS Pair: AUDUSD Timeframe: 1D , 4H Analysis: Round number level, trend line, volume profile, support and resistance, descending wedge pattern, head and shoulder pattern ————— Key Takeaway: Seen alot of bearish pressure for the pair but the market closed near a pullback level last week. We need to see price maybe retrace a bit more before coming back down. ————— Level needed: need a close by — ————— Trade: Short RISK:REWARD — ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Short
by TheGoldRoom
4
GBPUSD BEARISH TREND CHANNEL BOUNCEPair: GBPUSD Timeframe: 1D , 4H Analysis: Round number level, trend line, volume profile, support and resistance, trend channel ————— Key Takeaway: been ranging in our downward trend channel for some time and there are alot of bearish fundamentals for GBP, we need to see a bounce off broken support turned resistance and the top of our trend channel ————— Level needed: need a close by — ————— Trade: Short RISK:REWARD — ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Short
by TheGoldRoom
$BCH Looking To OUTPERFORM It's Peers- Bulls? WYA?+Just a update on BCH, We did have a nice move up and attempted to brute force that KEY area, but the Bears weren't having it and we took a shot down... Although, BCH is about to VALIDATE that last low and really start to dig its feet in and start pushing possibly. Both Indicators are showing at Hidden Bullish Divergence at the pattern completion zone @ the 886, This is textbook and from strictly technical analysis, this following the same parameters in recent history before a next leg up... Pushing past that Supply Line will let this thing RIP
BLong
by BShellhammer
$DOT/Broadening Wedge In the Money Zone (PENDING)$DOT has formed a nice broadening wedge at the 886 range from the last swing high to swing row and is now trying to establish/validate a new local higher low above $6.76 at the $7 range. The MACD and RSI has printed hidden bullish divergence on both oscillator's indicating that momentum is started to build back up to possibly break through the top of the wedge and have a nice run... We were due for a pullback after the last few weeks being manly green candles.. Overall, this is healthy price action and I don't think anyone should be panicking, as this is just traditional price action after a good few weeks for crypto...We also got some good news from the ETH merge. Cheers **DISCLAIMER, THIS IS NOT AN ACTIVE TRADE ATM, I AM JUST FOLLOWING THE STANDARDS OF TRADITIONAL TECHNICAL ANALYSIS. ANYTHING CAN HAPPEN**
BINANCE:DOTUSDLong
by BShellhammer
1