Harmonicforex
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.22151
TP: 1.21036
SL: 1.23347
Bias: Short
The current price pattern of this currency pair is showing a strong bias as per our projected direction. We believe the micro trend will continue with slight price percussion . Our aim is to capitalize from the current market fluctuations.
EURJPY PENNANT PATTERN SETUPPair: EURJPY
Timeframe: 4H
Analysis: Round number level, trend line, volume profile , support and resistance, pennant pattern, ascending triangle
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Key Takeaway: Seen price obey to this support trend line for a long time and we are starting to squeeze more and more against dynamic resistance, we are waiting for another bounce off resistance level before entering short
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Level needed: need a close by 144.00
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Trade: SHORT
RISK:REWARD 1:6
SL: —
TP: —
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
USDCHF SUPPORT BOUNCE SETUPPair: USDCHF
Timeframe: 1D , 4H
Analysis: Round number level, trend line, volume profile , support and resistance
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Key Takeaway: Strong USD after news today, we have seen a fake break out of support and a bullish press upward, we are looking for a re-test of this level before looking for long entries
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Level needed: need a close by 0.94000
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Trade: LONG
RISK:REWARD 1:6
SL: —
TP: —
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
AUDUSD BEARISH BREAKOUTPair: AUDUSD
Timeframe: 1D , 4H
Analysis: Round number level, trend line, volume profile , support and resistance, double top
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Key Takeaway: Strong USD has brought this pair down today with alot of bearish momentum, we are looking for a break and re-test of support before entering short most probably at the beginning of tomorrows session
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Level needed: need a close by 0.66980
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Trade: Short
RISK:REWARD 1:5
SL: 75
TP: 300
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
EURUSD RESISTANCE TREND CHANNEL BOUNCEPair: EURUSD
Timeframe: 1D , 4H
Analysis: Round number level, trend channel, volume profile, support and resistance
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Key Takeaway: With a strong USD outcome after todays news events, EURUSD showed us resistance and bearish momentum when dynamcix resistance and top of trend channel was hit, we are looking for entries after the next daily candle forms
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Level needed: need a close by --
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Trade: Short
RISK:REWARD 1:10
SL: --
TP: --
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
USDJPY > Selling Dollars Is the New Game Now!!Analysis of #USDJPY
Hi traders, today we will have a look at #USDJPY
The USDJPY is unwinding the move up from this year and we can expect the DXY to continue down, the game now is selling dollars before others lol.
I am now looking for as well 137.00 because we have trend line resistance lining up with previous structure support no becomes resistant level and FIB 61 golden level.
I don't believe we could see this entry coming in because there is big money involved in this market and when they start dumping they don't stop or give you a chance to get in, but as you know we have NFP news today and anything can happen.
I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one
Thanks for your continued support!
GBPZAR - Gartley Harmonic I dont believe in Bearish or Bullish Gartleys. Gartleys are interesting. My thought pattern. X to A pullback 0.618. 0.618 the "perfect" low before a swing up. Fib A to B near enough 0.786 and according to Gartley 0.888 high. Coincidentally has confluence with drawn TOP of ascending channel that can also be known as a "possible" and "probable" resistance. The pullback again Gartley level, would be an approximate to the decending channel (red) at 0.782. Interesting. : ) Be looking at a possible reversal at 0.382 approx 20.5 to break the pattern on the downtrend.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.20288
TP: 1.18878
SL: 1.21392
Bias: Short
The current price patter of this instrument has a potential for a medium strength price drive as per our projected direction. We believe that the projections we have created here will be proven by the fast oscillations of price.