Harmonicforex
GBPJPY PENNANT BREAK WEEKLYPair: GBPJPY
Timeframe: 1D , 4H
Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern
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Key Takeaway: Seen break of trend we just need a close below round number and support before we short
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Level needed: need a close by 160.870
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Trade: Short
RISK:REWARD 1:5
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
CADJPY BREAK OF TREND AND RE-TEST Pair: CADJPY
Timeframe: 1D , 4H
Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern
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Key Takeaway:Seen a break of support and trend line, we have just seen a retest of broken trend line using it as resistance, we just need some bearish momentum now before we can short safely
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Level needed: need a close by 105.595
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Trade: Short
RISK:REWARD 1:5
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
EURAUD BUYING OPPURTUNITY Pair: EURAUD
Timeframe: 1H , 4H
Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern, ascending triangle, consolidation break
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Key Takeaway: Price cannot seem to break this level of support / high volume level and rounded number, we have news at 10AM which will hopefully push the pair off this level with high volatility
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Level needed: need a close by 1.47040
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Trade: Long
RISK:REWARD 1:
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
AMAZING GBPNZD SHORT SETUPPair: GBPNZD
Timeframe: 1D , 4H
Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern
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Key Takeaway: Alot of bearish action for GBP in general meaning we are looking for short trades. here we have seen signs of breaking pennant. We now need to see closes below dynamic support / high volume level and rounded number before we can enter
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Level needed: need a close by 1.89440
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Trade: Short
RISK:REWARD 1:7
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
AUDJPY BREAK OR BOUNCE?Pair: AUDJPY
Timeframe: 1H , 4H
Analysis: Round number level, trend line, volume profile, support and resistance, consolidation, pennant pattern, ascending triangle, rule of 3
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Key Takeaway: Price has stalled by our "rule of three" area meaning we are either going to see a break or a bounce from this level
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Level needed: need a close by —
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Trade: Neutral
RISK:REWARD 1:4+
SL: —
TP: —
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
EURJPY WILL BE FINALLY BREAK PENNANT PATTERN?Pair: EURJPY
Timeframe: 1D , 4H
Analysis: Round number level, trend line, volume profile, support and resistance, ascending triangle, pennant pattern
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Key Takeaway: Seen the EUR gain a bit of bullish strength this week, we have a high impact news event at 10AM so this will be the decider to whether we break the top of pennant or bounce
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Level needed: need a close by 139.215
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Trade: Long
RISK:REWARD 1:11
SL: 20
TP: 220
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
NZDCAD PULLBACK COMPLETE BEFORE BEARS TAKE OVERPair: NZDCAD
Timeframe: 1D , 4H
Analysis: Round number level, trend line, volume profile, support and resistance, descending triangle, pennant pattern, trend channel
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Key Takeaway: Seen a major pullback to resistance today and we are now starting to see some bearish momentum with the latest candle. We need a push through the next level of support to be clear for a bear run
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Level needed: need a close by 0.79735
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Trade: Short
RISK:REWARD 1:5
SL: 15
TP: 70
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
EURNZD MAJOR BOUNCE OFF RESISTANCE INBOUND!!!Pair: EURNZD
Timeframe: 1D , 4H
Analysis: Round number level, trend line, volume profile, support and resistance, ascending triangle, pennant pattern
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Key Takeaway: price has been consolidating by the top of this pennant / resistance / high volume level all day which means we are defo in time to short before the bounce
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Level needed: need a close by 1.62455
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Trade: Short
RISK:REWARD 1:4
SL: 50
TP: 250
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
ARE THE BEARS GOING TO FULLY TAKE AUDUSD ?Pair: AUDUSD
Timeframe: 1D , 4H
Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern, ascending triangle
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Key Takeaway: Saw a big pullback today for this pair up to resistance. We are seeing strength in USD which tells us the pair is going to drop. We want to see a break of bottom pennant and dynamic support before we enter short again
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Level needed: need a close by 0.68795
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Trade: Short
RISK:REWARD 1:8
SL: 25
TP: 195
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
EURJPY > Beautiful Big Bearish Harmonic Bat Pattern!!Analysis of #EURJPY
It is important to keep this chart on your radar, I have been watching the beautiful big bearish harmonic bat pattern evolve, and it might be complete soon.
this Bat pattern might complete near a strong structure support level, also 142.00 key market level, to provide a good reason to sell the market if the rules of entry are met
Please support me by boosting this idea so it can get to more and more traders
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