GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.30415
TP: 1.28392
SL: 1.31968
Bias: Short
For this instrument our major bias is bearish as we see it always pairs with the strength of dollar. So is the case now,it has to fight the strength of the dollar for several upcoming weeks and therefore we are bearish long term for this pair.
Harmonictraders
XAUUSD ShortTime Frame: 4H
Symbol: XAUUSD
Entry: 1959.427
TP: 1859.701
SL: 2024.511
Bias: Short
For Gold we are going to short as it will be difficult for this pair to stand against gold from the current price context. We are bearish for this instrument and looking for a sell opportunity in the projected zone.
BTCUSDT is testing the resistance!!!On the weekly timeframe the price is testing the previous weekly resistance as new support, 0n 0.5 - 0.618 Fibonacci level.
The current Weekly candle needs to close above the weekly structure.
On the daily timeframe , the price is creating a channel between the monthly structures (32k and 48k )
on the 4h timeframe, the price is creating an ascending channel and the price is testing the 0.786 Fibonacci level on the weekly support.
How to approach?
The price is in a key zone.
If the price is going to hold the weekly support we could see a bounce until the previous daily resistance on 44800, where the price has the M's neckline.
Otherwise, If the price is going to lose the support, the next Valid support si 40k
LUNALUNA (4hr)
W appearance with bullish shark on 4hr TF. Long signal finalized at point D. Once na nagkaroon ng full retracement si LUNA sa point D pwede na mag position.
bitcoin in daily time frame bitcoin now is in the orange dynamic line .. and we have to see this line can suporrt it.
if it cant to suporrt bitcoin the next suporrt zoon is between 42-41500 k
its the update of my Feb 21 idea (go to related ideas)As you can see, Bitcoin has hit the middle blue resistance. The first static support is in the price range of 42400-42k.
The level of 42,000 is very important. In the first stage, I think the price will respect to this level.
Otherwise there is a possibility of moving to the next dynamic support line.
Another point is the weekly RSI . its near to the 50 line .it usally is the suporrt.
XAUUSD ShortTime Frame: 4H
Symbol: XAUUSD
Entry: 1934.042
TP: 1841.818
SL: 2007.821
Bias: Short
Gold will go down. The analysts are quite sure that the gold price will fall further due to current economic situation and the strength of dollar. All the major forecasts are in favor of dollar and those insinuate a downward movement of gold.
JPYUSD NeutralTime Frame: 4H
Symbol: JPYUSD
Bias: Neutral
We do not see any specific pattern for bullish or bearish opportunity. Though overall market sentiment reveal a bearish bias, the set ups are not very strong and therefore our bias is neutral as long as we do not see any high probability set up.