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Harmonicforex

EURUSD > The Best Level for Sell..Analysis of #EURUSD while the EURUSD continues down because of the impressive dollar strength we can expect this move to continue until FED's next rate decision. Looking at the chart we have trend line resistance and structure resistance level near 1.07500 coincide which will make a good level to enter short trade if the rules for entry are met we need to be patient and conservative in choosing our entry ⚡ Be aware that due to the global tension we currently live In, markets are not following or respecting chart patterns and technical analysis. ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to message me if you have any questions. Thanks for your continued support!
Short
by TheTradersAvenue
6
PRZ on GBPUSD. Possibility to buyThere could be a AB=CD pattern on gbpusd that coincides with 0.618 fibonacci retracement at Daily chart. I'm thinking of a buy at that price range, but frist I recommend to wait for candlesticks formation to enter. The AB=CD is 0.382 to 2.24/2.618 and as it is not the perfect 0.382 it's logical that it's between on these fibonacci ratios. The TP is on the previous support that was broken. Do you guys have any other ideas or more confirmation? Let me know on the comments. As always, wait for candlesticks confirmation to buy when the price is on the zone.
Long
by pinoso
1
XAUUSD UPDATE As we saw the dollar strengthen due to the situation escalating in China, this is has caused the fall we have recently saw on GOLD, but now the market is looking attractive for a possible trading opportunity, on the 1D TF price is once again testing the 0.618 Fib which is in confluence with weekly and daily support, this is a strong level for bulls. On the 1D TF we have a harmonic formation in which we expect to complete at the neckline giving us a intraday upside target. We first need to see the market sweep the lows on the lower timeframe before we can look for our valid entry confirmations according to our strategies.
OANDA:XAUUSDLong
by ITSCRYPTO1
1