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Harmonicforex

CADCHF REVERSAL INBOUND?Pair: CADCHF Timeframe: 1D , 4H Analysis: Round number level, trend line, volume profile, support and resistance, trend channel break ————— Key Takeaway: Price flew through the top of our trend channel indicating a change in direction, we have seen a sharp reaction to our support level and price is jumping up very quickly so is a perfect time for a long entry, we will be riding this to the next significant high ————— Level needed: need a close by 0.74145 ————— Trade: Long RISK:REWARD 1:6 SL: 25 TP: 150 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Long
by TheGoldRoom
NZDUSD CONTINUATION SETUPPair: NZDUSD Timeframe: 1D , 4H Analysis: Round number level, trend line, volume profile, support and resistance, Fibonacci retracement ————— Key Takeaway: Seen price break trend line and test support, we have also seen a bounce off 0.5 on the fib retracement level. As USD strength is still all there we will be shorting this pair as we are starting to see signs of a continuation of bearish movement ————— Level needed: need a close by 0.61945 ————— Trade: Short RISK:REWARD 1:7 SL: 15 TP: 100 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Short
by TheGoldRoom
EURAUD ARE WE GOING TO BREAK THIS DOUBLE BOTTOM?Pair: EURAUD Timeframe: 1D , 4H Analysis: Round number level, trend line, volume profile, support and resistance,descending triangle pattern ————— Key Takeaway: Loads of weakness for EUR and wee can see price consolidating at this area meaning the bulls are struggling to take things up from here, if we see a drastic drop and push through this level we will be looking for short entry ————— Level needed: need a close by 1.43375 ————— Trade: Short RISK:REWARD — SL: — TP: — ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Short
by TheGoldRoom
2
AUDNZD DOUBLE TOP Pair: AUDNZD Timeframe: 1D , 4H Analysis: Round number level, trend line, volume profile, support and resistance ————— Key Takeaway: Seen alot of resistance against trend line and a double top form on the 1H chart, once we see a good amount of bearish momentum we will be looking for short entry ————— Level needed: need a close by 1.11460 ————— Trade: Short RISK:REWARD 1:13 SL: 10 TP: 130 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Short
by TheGoldRoom
1
CADCHF BREAKOUT OR BOUNCE?Pair: CADCHF Timeframe: 1D , 4H Analysis: Round number level, trend line, volume profile, support and resistance, trend channel, ascending triangle pattern ————— Key Takeaway: Seen alot of strength within the past few hours and CHF is significantly week and we can see this amongst all other pairs. If we break through the top of the channel we will need to see a re-test and the same amount of volatility, if we bounce we will wait for price to break support and round number ————— Level needed: need a close by 0.74290(bullish) or 0.72985(bearish) ————— Trade: Neutral RISK:REWARD — SL: — TP: — ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
by TheGoldRoom
USDCHF, WILL WE KEEP CLIMBING THE LADDER AND BREAK PENNANT?Pair: USDCHF Timeframe: 1D , 4H Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern, ascending triangle pattern ————— Key Takeaway: Seen alot of strength with USD this month and we continue to climb the scale in USD base currency pairs. On the chart we can see a very steep climb for this pair which leads for me to believe that we can very easily break resistance and top trend line. Although we could see a bonce depending on high risk news we see this week, we always have to keep options open ————— Level needed: need a close by 0.96690 ————— Trade: Long RISK:REWARD 1:7 SL: 25 TP: 182 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Long
by TheGoldRoom
GBPUSD KEY LEVEL BOUNCE OR BREAK?Pair: GBPUSD Timeframe: 1W, 4H Analysis: Round number level, trend line, volume profile, support and resistance ————— Key Takeaway: Just hit very significant and long term support and trend line with a double bottom on 4H, GBP is significantly week right now so we are looking for either a break or bounce ————— Level needed: need a close by 1.18050(bullish) or 1.17690(bearish) ————— Trade: Neutral RISK:REWARD — SL: — TP: — ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
by TheGoldRoom
2
CADCHF PENNANT BREAK CONTINUATION?Pair: CADCHF Timeframe: 1H, 4H, 1D Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern, trend channel ————— Key Takeaway: Stuck very well to downward trend channel so we are looking to sell when price breaks pennant and high volume level ————— Level needed: need a close by 0.73730 ————— Trade: Short RISK:REWARD 1:5 SL: 15 TP: 80 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Short
by TheGoldRoom
2
Bullish cypher + order block EURUSD created a bullish cypher pattern and is now trading below parity level. We can notice a clear drop-base-drop structure. Now I expect the price to retrace until the base (institutional zone). We might consider to open then a short trade at the base if price reacts well at that level or for more aggressive trader we might now open a buy with the base as target. The second opportunity is riskier because we would trade against the major and minor trend.
by Dragon_Investments