GPBCAD CONTINUATION SETUP?Pair: EURJPY
Timeframe: 4H, 1H
Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern, inverted head and shoulders
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Key Takeaway: Seen a break of resistance, head and shoulders pattern for more confirmation, just need a push through high volume and round number level
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Level needed: need a close by 137.555
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Trade: Long
RISK:REWARD 1:5
SL: 44
TP: 230
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Harmonicforex
EURJPY INVERTED HEAD AND SHOULDER BREAKPair: EURJPY
Timeframe: 4H, 1H
Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern, inverted head and shoulders
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Key Takeaway: Seen a break of resistance, head and shoulders pattern for more confirmation, just need a push through high volume and round number level
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Level needed: need a close by 137.555
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Trade: Long
RISK:REWARD 1:5
SL: 44
TP: 230
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
WILL WE SEE AUDUSD BREAK THIS VITAL SUPPORT?Pair: AUDUSD
Timeframe: 4H, 1H
Analysis: Round number level, trend line, volume profile, support and resistance, descending triangle pattern
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Key Takeaway: Need a break of support, already seen a break of high volume level, we also need some strong bearish momentum
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Level needed: need a close by 0.68500
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Trade: Short
RISK:REWARD 1:7
SL: 21
TP: 146
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
USDJPY KEY LEVELS BREAK OUTPair: USDJPY
Timeframe: 4H, 1D
Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern
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Key Takeaway: Need a big push up with alot of bullish momentum as we have already broken key levels of resistance and using them now as support
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Level needed: need a close by 136.890(bullish)
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Trade: Long
RISK:REWARD 1:6
SL: 29
TP: 243
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Possible Double Bottom, 22k StillPossible Double Bottom with good Buying.
Double Bottom pattern target is 1x above the neckline - this would be around 21,950-22k. The 0.886 fib X-D also meets here, which would create a potential bearish harmonic .
If this does happen, my profit target will be the 1.618 and 3.14 fibs - around 20k and 18.3k.
There is a descending triangle , but I won't be shorting here - I have a feeling it will break upwards.
CADCHF BEARISH CONTINUATION TRADEPair: CADCHF
Timeframe: 4H
Analysis: Round number level, trend line, volume profile, support and resistance, descending triangle
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Key Takeaway: Need a break of support
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Level needed: need a close by 0.73760
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Trade: short
RISK:REWARD 1:6
SL: 13
TP: 79
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EURCHF CONTINUATION TRADEPair: EURCHF
Timeframe: 4H
Analysis: Round number level, trend line, volume profile, support and resistance, descending triangle, Fib retracement
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Key Takeaway: Seen bounce off support turned resistance and fib 0.5 level
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Level needed: need a close by 0.96750
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Trade: short
RISK:REWARD 1:8
SL: 19
TP: 144
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NZDCAD VERY HIGH VOLUME LEVEL APPROACHPair: NZDCAD
Timeframe: 1D
Analysis: Round number level, trend line, volume profile, support and resistance, descending triangle, n pattern
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Key Takeaway: Need a bounce off support and high volume level (blue line)
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Level needed: need a close by 0.81070
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Trade: Long
RISK:REWARD 1:7
SL: 19
TP: 129
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
CHFJPY VITAL BREAKOUT BUT WHICH WAY?Pair: CHFJPY
Timeframe: 4H
Analysis: Round number level, trend line, volume profile, support and resistance, descending triangle, consolidation
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Key Takeaway: Need a break of support / break of resistance and trend line
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Level needed: need a close by 142.260(bullish) or 141.900(bearish)
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Trade: Neutral
RISK:REWARD —
SL: —
TP: —
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
EURAUD | Bullish Harmonic PatternEURAUD | Bullish Harmonic Pattern
On the daily chart, EURAUD completed a very nice harmonic pattern.
This is a signal that during the coming days or probably weeks we may see EURO
to change the price direction.
Considering that this pattern is in a daily chart it will spend a lot of time to
create the reversal process and it will not be so easy.
Targets:
🎯 1.4635
🎯 1.4735
🎯 1.4890
Thank you and Good Luck!