USDCHF LongTime Frame: 4H
Symbol: USDCHF
Entry: 0.99512
TP: 1.02402
SL: 0.97280
Bias: Long
We are bullish for USDCHF . As we see the pair is consistently outperforming its previous records, there should be a limit to its upward projections. However, our expectation is still bullish and we are looking for a new long opportunity.
Harmonicforex
PRZ as bat pattern at CADJPYAfter a flag pattern and the big sell taken yesterday with a 100 pips profits, the price is almost to a support found around 99.400. I'm expecting a long position at that price, but I need price action reaction on that zone that confirms to be a support. If traded, target would be 100.600.
EURJPY > Strong Bearish Bat Might Come Soon!!Analysis of #EURJPY
Another beautiful harmonic bat pattern similar to my analysis on EURCAD also might complete the D leg near a strong structure resistance level which will make a good level for a short entry.
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EUR/GBP
X2 Position
1. Sell: EUR / GBP
sell limit: 0.85915
SL @ 0.86220
TP @ 0.85050
Max Risk: 2%
2. Sell: EUR / GBP
sell limit: 0.86540
SL @ 0.86830
TP @ 0.85610
Max Risk: 2%
(When calculating, do not forget about different spreads from Brokers)
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It is not an investment recommendation
NZDUSD UPDATENZDUSD is extremely over extended to the downside and testing a strong level of weekly demand, also on the weekly TF price has formed a massive M formation in which we expect the market to complete the harmonic pattern at the neckline, giving us a potential upside swing target. On the LTF we can identify how the market push to the upside and trapped bulls on FOMC Wednesday, then yesterday price dumped back down a swept the liquidity below the EQL lows. Now the market is almost ready to make the intended move, we are monitoring on the LTF for potential entry confirmations
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.24620
TP: 1.21232
SL: 1.27509
Bias: Short
GBPUSD we are bearish though the price action pattern of short term momentum and volatility show a bullish bias, the major and dominant trend is bullish and there is no escape from the bearish pressure. So we are on sell side.