EURUSD ShortTime Frame: 4H
Symbol: EURUSD
Entry: 1.03991
TP: 1.00026
SL: 1.06455
Bias: Short
For this instrument our bias is short. We think the current trend is still valid and we need to look for a selling opportunity.
Harmonicforex
XAUUSD ShortTime Frame: 4H
Symbol: XAUUSD
Entry: 1817.475
TP: 1711.277
SL: 1899.918
Bias: Short
The price pattern of this instrument shows a bearish bias and therefore our recommendation is to go for a sell trade.
USDCHF LongTime Frame: 4H
Symbol: USDCHF
Entry: 1.00082
TP: 1.04121
SL: 0.97174
Bias: Long
The current price pattern is bullish and the bull will continue to remain bullish as our fundamental and technical study show. We are looking for a long opportunity.
PRZ as Deep Crab on EURUSD (bullish positions)There's a deep crab in proccess at this moment and the candlesticks and price action seems to react to this zone. I think it would hit TP1 and then continue to fall. So for short periods, I see this pair with long opportunities. Pay special attention to 1.045 as it could act as a resistance.
Do you have any other ideas? Let me know on the comments.
JPYUSD ShortTime Frame: 4H
Symbol: JPYUSD
Entry: 0.007830
TP: 0.007544
SL: 0.007994
Bias: Short
We are bearish for this instrument . The established trend is bearish and the market dynamics insinuate that the bearish trend will be longer and therefore we are on the direction of the trend.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.22037
TP: 1.16747
SL: 1.25379
Bias: Short
Following the established trend we can search after a window of long opportunity. Current price pattern suggests a bear market structure and therefore we are on the sell side.
EURUSD ShortTime Frame: 4H
Symbol: EURUSD
Entry: 1.04014
TP: 0.99247
SL: 1.06963
Bias: Short
For this instrument our bias is short and we are looking for a suitable entry point to take a sell position.
XAUUSD ShortTime Frame: 4H
Symbol: XAUUSD
Entry: 1845.276
TP: 1746.290
SL: 1914.701
Bias: Short
For this instrument our bias is short. We do not see any sustainable strength for this instrument to fight back the bear market. So we can position for a short trade.
USDCHF LongTime Frame: 4H
Symbol: USDCHF
Entry: 0.99624
TP: 1.02266
SL: 0.97587
Bias: Long
Currently the established pattern for this instrument is showing a long bias. As we see entering any trade at extreme long is very risky . However, considering the bullish strength of US dollar, we are planning a long position for this pair.
Update of EURCHF (We already entered short position before)As expected, market did reacted on the harmonic zone. it has had bearish movements since we entered.
EURCHF had a higher high when it went to the PRZ of our entry point. Because of it I thnik the Price will bounce on the new TP stablished which is 1.03525. I still think it will continue it's way so we keep. Therefore, I recommend short positions for the following days.
If you didn't entered before, don't use this harmonic parameters, look to enter to the market for other analysis.
Thoughts on CADJPY (Bearish positions)Meanwhile we wait for the big bat pattern to materialize, at this moment there's a butterfly pattern on a small time frame, because of it we know the market is behaviouring bearish. So we could look for bearish positions. Target would be the possible entry for our bat pattern.
Do you have any other ideas? let me know on the comments.
PRZ as Butterfly pattern at USDCADThere's a butterfly pattern (extended B point) and it has already hit the PRZ and entry point. Bearish candles confirm that the price has found resistance. So it would be a good idea to look for short positions. Target would be 1.2915 in which is the first TP.
PRZ as bat pattern at EURCADBat pattern spotted on EURCAD and has found resistance near the X point and a little bit further from de D point. I think it's a good momento to sell as candles on 1H are showing bearish thoughts and this 4H candle almost closed is showing indecision. Target would be 1.365.
PRZ as Gartley/AB=CD pattern at EURCHFThere's a strong possibility to sell EURCHF. There's an ideal bearish AB=CD pattern on the entry point of a Gartley pattern. This is an extremely harmonic set-up and I recommend short positions at the moment. AB=CD has the ideal relationship of 0.618 : 1.618 and almost the same lenght of time of the price legs AB and CD. Target would be 1.0340 for the first TP.
Thoughts on EURUSD (Bearish possibility at 1.0608)Although I wouldn't trade this set-up because of the harmonic pattern, I find that zone as a good resistance. When the price gets to that zone, check for short position opportunities at lower time frames. I still think the EURUSD pair is too consolidated to trade at the moment. Check for 1.06080 price.
JPYUSD ShortTime Frame: 4H
Symbol: JPYUSD
Entry: 0.007686
TP: 0.007383
SL: 0.007893
Bias: Short
For JPYUSD our goal is to search for a suitable selling opportunity. Considering the strength of the bearish trend our bias remains with the trend.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.23152
TP: 1.18386
SL: 1.26146
Bias: Short
For this instrument our bias is to ride the bearish trend. Following the beaten track the price action will continue to create new shorting opportunity.
EURUSD ShortTime Frame: 4H
Symbol: EURUSD
Entry: 1.05212
TP: 1.01005
SL: 1.08489
Bias: Short
We are searching after selling opportunity for this pair. As the bearish trend is established our goal is to find a suitable high probability entry.
XAUUSD ShortTime Frame: 4H
Symbol: XAUUSD
Entry: 1840.284
TP: 1704.265
SL: 1947.156
Bias: Short
It is evident that the price pattern is showing a bearish structure. We are looking for selling opportunity.
USDCHF LongTime Frame: 4H
Symbol: USDCHF
Entry: 0.99487
TP: 1.02910
SL: 0.97128
Bias: Long
The trend of USDCHF is bullish. There may be some swing spots where the price will try to establish equilibrium between extremes but at the end of the day the trend is bullish and therefore it is better to look for a buying opportunity.
JPYUSD ShortTime Frame: 4H
Symbol: JPYUSD
Entry: 0.007689
TP: 0.007483
SL: 0.007839
Bias: Short
For this instrument our technical analysis show a bearish bias and we are looking for a short opportunity.
GBPUSD LongTime Frame: 4H
Symbol: GBPUSD
Entry: 1.23385
TP: 1.27871
SL: 1.26045
Bias: Long
Considering the current market situation and the market structure our goal is to ride the short trend as long as possible
EURUSD ShortTime Frame: 4H
Symbol: EURUSD
Entry: 1.05720
TP: 1.02085
SL: 1.08103
Bias: Short
For this instrument considering the trend lines ,momentum and oscillation records, we are convinced that we are still on the bearish track and therefore we look for a shorting opportunity.
