USDCHF LongTime Frame: 4H
Symbol: USDCHF
Entry: 0.95010
TP: 1.97268
SL: 0.93270
Bias: Long
Our bias for this instrument is bullish. The strength of dollar is still in a remarkable position. The uptrend may continue for some more time.
Harmonicforex
PRZ as ABCD pattern at GBPNZD to sellGBPNZD has another AB=CD with a 0.618 retracement and a projection of 1.618 with almost exact price range and time lenght. We have a SL just above the point D. Risk management has to be low as the previous trend was strongly bullish and place TP1 of the AB=CD pattern.
JPYUSD ShortTime Frame: 4H
Symbol: JPYUSD
Entry: 0.007905
TP: 0.007651
SL: 0.008149
Bias: Short
The trend is downward and very clear. All moving average lines are aligned and signaling a short opportunity . Our bias is short and we are hopeful that this trend may continue next few weeks creating further rooms for selling opportunity.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.30441
TP: 1.28750
SL: 1.31709
Bias: Short
We are looking for a short opportunity in GBPUSD. As we see the price pattern of GBPUSD is clearly showing a bearish bias all along. There does not exist any hope now for a strong bullish opportunity. So we vote for a sell opportunity.
EURUSD ShortTime Frame: 4H
Symbol: EURUSD
Entry: 1.08015
TP: 1.05644
SL: 1.09730
Bias: Short
For this instrument our bias is still short and like before the pair will drive itself further down in coming weeks. Our expectation from this pair is to take a shorting opportunity.
XAUUSD ShortTime Frame: 4H
Symbol: XAUUSD
Entry: 1995.159
TP: 1902.826
SL: 2064.293
Bias: Short
Gold is tilting up bit by bit and it is a sign of a hidden divergence too. There may be a sharp fall from the current price level. Our goal is to run for a bearish opportunity.
USDCHF LongTime Frame: 4H
Symbol: USDCHF
Entry: 0.94379
TP: 0.96097
SL: 0.92802
Bias: Long
There is a possibility that the pair will move further up considering the current context. However, any trade should be taken carefully. It is comparatively difficult to manage trades in a low volatile market conditions.
XAUUSD UPDATEGOLD has been rallying to the upside as we would expect during such uncertain times as investors look to gold as a safe haven asset. But the market is now over extended and i am expecting a corrective move. We can identify price is about to test a strong level of 1D supply, also on the 1D TF we can identify the price has formed a harmonic pattern in the form of a W formation, generally speaking the market tends to complete this pattern at the neckline giving us a intraday downside target, we will be monitoring price action on the lower timeframes and waiting for one of our valid entry confirmations inside of the level of supply before we can be potentially looking at capitalising on this corrective move to the downside.
PRZ as ABCD pattern at USDJPY to sellAB=CD pattern spotted as 0.782 and his reciprocal 1.27. It already reacted and the candles indicated to sell. We entered the trade at 5:15 am (UTC-6) with 0.25% risk.
EURAUD Triangle Breakout higher probability for a SHORTTriangle Breakout will probably see a fake breakout to the upside on 4HR chart then will proceed to breakout short for the higher probability. Targets and SL are noted on the chart for either way. Remember to trade on the third candle after breakout on 4HR TF. Good Luck!
Indian Oil Corporation Limited, #IOC Indian Oil Corporation Limited, d/b/a IndianOil, is an Indian government owned oil and gas explorer and producer. It is under the ownership of Ministry of Petroleum and Natural Gas, Government of India headquartered in New Delhi. Wikipedia
Founded: 30 June 1959
Headquarters: New Delhi
Number of employees: 31,648 (2021)
Revenue: 3.83 lakh crores INR (US$54 billion, 2021)
Subsidiaries: Chennai Petroleum Corporation Limited, Lanka IOC
JPYUSD ShortTime Frame: 4H
Symbol: JPYUSD
Entry: 0.007973
TP: 0.007577
SL: 0.008201
Bias: Short
JPYUSD is at a very critical position . The pair is going downward continuously day after day as if there were no return from the short drive. Traders must pay close attention to the pair. However, our bias is short.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.30659
TP: 1.28853
SL: 1.31994
Bias: Short
For GBPUSD we think it bearish. Considering the recent momentum and volatility we do not see any strong hope of going upward , so our bias is short and we are looking for a sell opportunity.
EURUSD ShortTime Frame: 4H
Symbol: EURUSD
Entry: 1.08194
TP: 1.04857
SL: 1.10407
Bias: Short
For EURUSD we are bearish . As we see the pair is going through a critical time facing lack of momentum and volatility as is expected. So the major drive that can be expected is bearish. So a sell trade is counted more logical.
XAUUSD ShortTime Frame: 4H
Symbol: XAUUSD
Entry: 1976.965
TP: 1911.999
SL: 2025.227
Bias: Short
For Gold we are still bearish. Though it may seem temporarily bullish ,our major bias is still bearish for XAUUSD. We do not see further pumping of gold for the time being.
