EURJPY Sell Setup with High ConfidenceGreetings traders,
Today, I want to share with you a potential sell setup on EURJPY. The pair is currently trading near a strong daily resistance level, which is also a previous supply zone. Moreover, we have identified a bearish harmonic AB=CD pattern on the chart, which adds more confluence to the sell setup.
To trade this setup, we will wait for a bearish confirmation such as a bearish engulfing pattern or a double top formation on the lower time frame. Once we have a confirmation, we can look for a sell entry with a stop loss above the resistance level. Our profit targets will be set at the previous structure support and beyond.
As traders, it is crucial to always manage our risk and use proper risk management techniques. Remember to never risk more than you can afford to lose.
If you found this analysis helpful, please consider following me for more trading insights and analysis. I would also appreciate it if you could like and comment on this post to let me know your thoughts and feedback.
Thank you for your attention and happy trading!
Harmonicpattren
Sell Setup: Daily Resistance, Supply Zone, and Bearish Harmonic Hello traders
The EURAUD has been trading near a strong daily resistance level, which has been previously respected as a supply zone. Additionally, we can see a bearish harmonic Bat pattern forming on the chart, adding further confluence to the sell setup.
To trade this setup, we will wait for a bearish confirmation such as a bearish engulfing pattern or a double top on the lower time frame. Once we have a confirmation, we can look for a sell entry with a stop loss above the daily resistance level.
It's essential to practice proper risk management techniques and avoid overleveraging when trading.
Follow me for more trading insights and analysis. Like, comment, and share if you found this helpful!
Crypto Industry in Shock: Bitcoin Warns of Further DropAnalysis of #Bitcoin
Hello traders
Bitcoin is currently facing bearish pressure as it approaches a major key market level near 22000 and hovers at trend line support. The recent lack of interest from buyers is concerning, and BTC has been trading in a narrow range. Additionally, the warning that sent shockwaves through the crypto industry has added to the uncertainty.
Despite this, Bitcoin has been in a rising trend channel in the medium to long term. However, if BTC breaks below the trend line support and recent low, it could potentially test the 18000 level. Traders should closely monitor the price action and look for sell opportunities if BTC fails to bounce back from current support levels.
Stay ahead of the game and don't miss out on potential profits. Follow me for more trading insights and analysis. Like, comment, and share if you found this helpful!
It's AAVE---Long IDEAHello everyone;
This Idea is for AAVE/USDT, spot pair, BUT It's Tradable on AAVE's Laveraged token as well .
So Aave has multi divergences at various Time frames, BuT we are Looking at ones on D and W charts,
I Marked Them with brush, They are visible on RSI,AwsomeOS and...
We are Also at 50% FIB Support, And of course a Giant BAT Pattern which is pretty much complete!
-So You can open your orders NOW or after confirmation on spot or ETF .
I Marked The First and second Targets on it,it may go Higher But ..
GOOD LUCK!
Harmonic Bat Pattern for traders can apply on any time frameThe Bat is defined by the .886 retracement of move XA as Potential Reversal Zone. The Bat pattern has the following qualities:
Move AB should be the .382 or .500 retracement of move XA.
Move BC can be either .382 or .886 retracement of move AB.
If the retracement of move BC is .382 of move AB, then CD should be 1.618 extension of move BC. Consequently, if move BC is .886 of move AB, then CD should be 2.618 extension of move BC.
CD should be .886 retracement of move XA.
USDCHFUSDCHF is Creating a long opportunity by developing the 5-0 harmonic pattern which is a continuation of shark harmonic pattern
Therefore, entering a long position on 0.922000 with take profit levels at 0.93230 & 0.93800 could be a high potential long setup to consider
Enter: 0.92200
TP1: 0.93230
TP2: 0.93800
SL: With your own risk management
FX:USDCHF
USDCHFUSDCHF is Creating a long opportunity by developing the 5-0 harmonic pattern which is a continuation of shark harmonic pattern
Therefore, entering a long position on 0.922000 with take profit levels at 0.93230 & 0.93800 could be a high potential long setup to consider
Enter: 0.92200
TP1: 0.93230
TP2: 0.93800
SL: With your own risk management
Perfect automated detection of BlackSwan & Butterfly PRZ - ShortA bearish-type big BlackSwan pattern occurred.
If the price rises to 22.300, a bearish-type Butterfly pattern could occur.
Short after seeing the rebound.
*Harmonic patterns are automatically detected using the indicators below.
- Harmonic auto-detect PRO
$O Childhoods End ODAI UPDATE!Congrats on a 1X since call, updated chart with new targets.
Stay safe and take profits along the way 💚
Will keep you posted.
Nfa/Dyor
Bearish Gartley -> Microsoft ShortI posted this Idea first last Friday
Tuesday we got a reverse candle on daily basis and Wednesday was the perfect chance to go short (@ 270. TP is 220.)
Furthermore there are problems with the new Bing-Bot plus the global tech layoffs (quadrupled since mid.January).
USDJPY > What to Expect Next, and Major Levels!!Analysis of #USDJPY
Hi traders, today we will have a look at #USDJPY
this idea is a request from one of our dearest follower
as you can see, the market broke its trendline resistance with strong Momentum after the NFP news last Friday.
right now the market might come back to test the structure support and the previous trendline resistance which now becomes a trendline support before deciding what it will do next.
it's still early but as you can see we have higher lows and maybe the trend might be shifting to the upside in the near term, for me at the moment the market rallied almost from 128.00 to 132.00 that is 400 pips
what I can do is wait for the market to come and retest the structure support level and maybe look at the lowest time frame for a reversal pattern with confirmation to enter a buy entry with an excellent reward to risk targeting the next level of support
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!
Perfect automated detection of Cypher & Shark PRZ - LongA bullish-type Cypher pattern occurred within the support zone of 0.9140-0.9169.
If the price drops to 0.91085, a bullish-type Shark pattern could occur.
Long after seeing the rebound.
*Harmonic patterns and support/resistance zones are automatically detected using the indicators below.
- Harmonic auto-detect PRO
- Support/Resistance Zone Auto PRO
GBP/USD HARMONIC PATTERN OANDA:GBPUSD
HI, TRADER'S ..OUR GBPUSD LAST4/4 TRADES HIT TP
Now as you see market is making GRATLEY HARMONIC PATTERN
Price already done X ,A ,B,C leg , Now making D point at 0.786 retracement
After completing D point market can come to 38.2 retracement point , and 2nd target 61.8 retracement
take entry of sell at D point
❤️ Please, support my work with follow ,share and like, thank you! ❤️
FTMUSDTHello dear friends
In the daily time frame, by reaching the resistance range of $0.5312, a Cypher harmonic pattern has been formed. A negative divergence of the RSI is not associated with this harmonic.
If the support range of $0.35 is completely consumed, the possibility of continuing the downward trend to the price area of $0.2424 can be considered.
Until the $0.5312 range is fully consumed, we have no intention of forming an uptrend in the medium term.
In the four-hour time frame, the RSI indicator has issued a negative divergence compared to the previous price ceiling.
We would be happy to hear your comments
AUDUSD > Perfect Bullish Setup, Hopefully I Get an Entry!!Analysis of #AUDUSD
Hi traders, today we will have a look at #AUDUSD
look at this beautiful AUDUSD bullish setup that I have for you here we have:
>> Trendline support
>> Daily structure support level
>> A strong key market level of 0.6900
>> Fib 0.61 retracement
all lining up at the same level which you will make a very good entry-level with a very good reward-to-risk
if the rules for entry are met and if the rules are met and we got an entry it will be a favorable entry and
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!