Harmonicforex
GBPUSD to be resisted at 1.2200 ??In view of the potential support of the Dollar Index at 105.00/50, this would be in line with the idea of going short on GBPUSD next week.
I would wait for a candle rejection a tthe 1.22 levels to go short on this pair.
Both the daily and weekly RSI at the overbought zones. Let's watch this trade together.
NZDCAD || GOING LONG || W7LONG-TERM BULLISH TRADE
Time Frame : 4H
1. DOW Theory >>> UPTREND
2. UPWARD TRENDLINE
3. AB=CD
4. HL @ 0.236 of fab retracement
TRADE PLAN >>>
Placing Buy Stop Order above the S&R Level
SL will be just below last HL
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck 💪
Always Remember!
All strategies are GOOD if managed Properly
Trend is your FRIEND
Too much analysis leads to paralysis
AUDUSD > Interesting Buy Entry for A Good RRR!! Analysis of #AUDUSD
Hi traders, today we will have a look at #AUDUSD
The AUDUSD previously had this reversal pattern which looks like a bullish head and shoulders to me, as you can see the market broke the neckline resistance and now might be coming to visit the zone again
as you know this area now will act as a support level for AUDUSD and could be a very good zone to start looking for a buy entry depending on how the market will get there
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!
EURUSD > Still Looking for A Buy Entry!! Following up #EURUSD
Hi traders, today we will have a look at #EURUSD
the EURUSD moved as predicted in my previous idea "you can check it following the link below", and still moving to the downside to test its previous resistance zone which now has become a support zone.
the market might visit the zone near 1.0100, and if it did that will be looking for a vailed buy entry to get in abuy trade for possible continuation to the upside.
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!
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.18300
TP: 1.16130
SL: 1.19803
Bias: Short
For this pair we are expecting a short opportunity. However , due to recent price fluctuations and momentum driven price actions there may be some stronger mean reversions and co-integrations. Our projections are based on recent price drives.