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Harmonicforex

CADJPY POTENTIAL DOWNTRENDPair: CADJPY Timeframe: 1D , 4H Analysis: Round number level, trend line, volume profile, support and resistance, consolidation ————— Key Takeaway: Looking for breaks of this consolidation period, we have breached this level of support numerous times and we need to see a close below. looking to take profits on trend line suppot ————— Level needed: need a close by 109.375 ————— Trade: Short RISK:REWARD 1:7 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Short
by TheGoldRoom
4
CADCHF PENNANT BREAKOUT?Pair: CADCHF Timeframe: 1D , 4H Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern ————— Key Takeaway: If we close below this support level of pennant we will look for short entry, we have also already broken high volume level, if we start seeing bullish momentum against this level then we are seeing a bounce and will look for long entry ————— Level needed: need a close by — ————— Trade: Neutral RISK:REWARD 1:4 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
by TheGoldRoom
1
EURUSD > Possible Continuation to The Downside!!Analysis of #EURUSD The EURUSD today reached 20 year low, as you can see on the chart, we have broken below end line support, which might indicate more downside. but here is how I look at it, and please read it twice: 1- the US market today is closed for labor day 2- we have an ECB Press conference this Thursday 3- we have FED chair Powell speak this Thursday so for me, there is no momentum right now behind this break, and yes it might keep going down, but for me, I am staying out for now. Please support me by boosting this idea so it can get to more and more traders ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to message me if you have any questions. Thanks for your continued support!
by TheTradersAvenue
15
AUDNZD BREAKOUT SETUPPair: AUDNZD Timeframe: 1D , 4H Analysis: Round number level, trend line, volume profile, support and resistance, trend channel ————— Key Takeaway: We are approaching very significant level of support which has been broken previously, due to the strength of NZD it is likely to bring the pair down through it, we need to wait for a close below these levels before we enter ————— Level needed: need a close by 1.11266 ————— Trade: Short RISK:REWARD 1:8 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Short
by TheGoldRoom