FILUSDTHello Dear friends
We are on the midline of the weekly descending channel. At the same time, several patterns with higher targets have been formed for us.
If the downward trend line is broken upwards, there is a high possibility of forming an upward trend similar to the drawn scenario.
We would be happy to hear your comments
Harmonicpattren
GBPUSD > The Best Place for A Buy Trade!!Analysis of #GBPUSD
This is a big week for the financial market as you know we have US mid-term election and ae have a CPI report coming later this week, you can bet the markets will move based on this news.
I am starting to think and believe the Dollar is running out of momentum which is something good if the dollar just started to move sideways instead of strong upward momentum.
as you can see on my chart the GBPUSD tested its trendline resistance and started moving down, you can wait for a retest and get in a sell entry if you want,
my preference action would be if the market moves down to the retest 1.1200 level which is trendline support where I think we will see bullish action and might be a good reason to get in a buy entry
Thanks for your continued support!
EURUSD > A Beautiful Setup for Buy and Sell.Analysis of #EURUSD
following up on my EURUSD previous analysis, as you can see I highlighted a few key market levels for buy or sell, and here is why.
this first level for a buy entry is the previous structure support level near 0.98500 where I think the market will turn bullish and provide a good reason to get in a buy trade.
the second level is a little bit lower 0.9800, also another strong structure support level also trendline support level, where I believe the market will turn bullish and provide a reason to get in a buy trade.
lastly, if the market continued higher from here, we can expect the market to test its trendline resistance, and I expect the market to turn bearish and provide a reason to get into sell entry.
Thanks for your continued support!
Perfect automated detection of Shark & Nenstar PRZ - ShortA bearish-type Shark pattern occurred.
If the price rises to 8.342, a bearish-type Nenstar pattern could occur.
Short after seeing the rebound.
*Harmonic patterns are automatically detected using the indicators below.
- Harmonic auto-detect PRO
XAUUSD > What to Expect Next, and How to Trade Gold?Analysis of #GBPCHF
The GOLD market is on a strong upside momentum right now, so definitely you don't want to be selling in here without a strong confirmation first.
as you can see, the market is now near its trendline resistance zone, also previous structure support which now acting as a resistance zone near the 1680 key market level, could be a good level for a sell if the rules are met.
on the other hand, if the market indeed falls down, we might have a very good buy level near 1640, which was a strong resistance now, becomes a support zone also FIB golden ratio 0.618 retracements.
Thanks for your continued support!
EURUSD > The Best Place for A Short Entry!!Analysis of #EURUSD
The EURUSD reacted similarly to GBPUSD, going up after the US market open almost 220 pips, in reaction to Friday's NFP news.
as you can see on my chart, the EURUSD is still within this wide range of trendline support and trendline support, which I previously posted about, "link below"
I still expect this trend to hold on, for that, I will be looking for a sell entry near trendline resistance if the rules for entry are met
Thanks for your continued support!
GBPUSD > Looking for A Sell Near This Zone!!Analysis of #GBPUSD
The GBPUSD rallied strongly after Friday's NFP news, as did many other pairs, I don't know if this move will continue, but let's watch and see.
as you can see on my chart, we have broken trendline support, not become a trendline resistance.
Broken structure support now became structure resistance, near key market level 1.1400.
we also have short-term trendline resistance, all coinciding near 1.1400.
I will be looking for a reversal pattern near this zone to get ina a sell trade targeting the previous ows
Thanks for your continued support!
Perfect automated detection of Cypher & Shark PRZ - ShortA bearish-type big Cypher pattern occurred.
If the price rises to 0.7174, a bearish-type big Shark pattern could occur.
Short after seeing the rebound.
*Harmonic patterns are automatically detected using the indicators below.
- Harmonic auto-detect PRO
GER40 > In-Depth Detailed Analysis Of Best Levels to Buy!!Analysis of #GER40
The GER40 is pushing down after the FED's hawkish comments from yesterday, not to mention today's hawkish comment from ECB president Lagarde.
as you can see on my chart I have highlighted three spots where I think the german index will correct, by simply using the FIB extension and seeing if it correlated with another level of interest.
>> - The first level is near the 13000 key market level, as you can see it fib 0.618 extensions, and the previous swing high and trendline support.
>> - The second level is near the 12874 key market level and the previous structure support level, also very important fib 1:1 extensions.
>> - The third level is near 12621, trendline support, previous swing low, structure support, and fib very important level 1.618 extension
Thanks for your continued support!
OCEANUSDTHi guys
At the end of the long-term downward channel, pay attention to the volume of transactions!
If the long-term downward trend line is broken upwards, the possibility of forming an upward trend is strengthened, in principle it is better to wait for its breakdown and stabilization. If the current uptrend breaks above the $0.247 range, we can expect the completion of a head and shoulders pattern at the end of the downtrend.
If our uptrend is above the $0.34 range, our harmonic pattern will be more valid.
What do you think?
GBPCHF > A Bearish Head and Shoulders PatternAnalysis of #GBPCHF
The GBPCHF might be topping in here, as you can see we have a nice reversal pattern on my chart, a bearish head and shoulders pattern.
I will be watching this market and setting an alert just below the neckline resistance to be alerted when it breakout to start looking for a trend continuation pattern, targeting the next level of support
Thanks for your continued support!
EURNZD > A Nice Bullish Harmonic Gartley Pattern!!Analysis of #EURNZD
Analysis of #EURNZD
The EURNZD formed a nice bullish harmonic Gartley pattern and now it's at good entry points, but I was hoping to get in this trade yesterday and exist it today, sadly the confirmation was very late
today we have the FED rate decision, and it is all about the press conference and what are the projections for December, so maybe I will look at this spatter tonight after the FED is done.
stay safe
Thanks for your continued support!
GBPUSD > Trading Plan, for Buy and SellAnalysis of #GBPUSD
The GBPUSD is on an uptrend after the recent events that happened, I suspect the pound is running out of steam.
Looking at my chart I have highlighted 2 important levels for sell and buy, as you can see
we have an important key market resistance level near 1.1800, a good level to start looking for a sell entry.
On the other hand, we have a strong shelve support level near 1.1400 also trendline support where I believe we will see traders coming back to the market to buy the GBPUS, which would be a good buy entry
Thanks for your continued support!
EURUSD > Trading plan ahead of FOMC!!Analysis of #EURUSD
The EURUSD moved as predicted in my last idea as you can see if you checked the link on my chart or below this idea.
Now the EURUSD is in the middle, between trendline support, and tend line resistance, for me, I will now stay on the sideline and watch the market.
>> if the market comes and tests the resistance trendline, I will look for a sell.
>> if the market comes and tests support trendline will look for a buy
Thanks for your continued support!
Perfect automated detection of Pattern5-0 & WhiteSwan PRZ -ShortA bearish-type Pattern5-0 occurred near the resistance zone of 1.4180-1.4200.
If the price rises to 1.4204, a bearish-type WhiteSwan pattern could occur.
Short 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
GBPNZD > Possible head and shoulders pattern!!Analysis of #GBPNZD
The GBPNZD might be forming a bearish head and shoulders pattern, it is still early to say, but we can set an alert and wait and see.
if the market indeed formed a head and shoulders pattern and broke neckline resistance, we can drop a one-time frame and look for a trend continuation pattern to get in a buy trade targeting the next level of support
Thanks for your continued support!
NZDUSD > Classic Simple Trendline Buy Entry!!Analysis of #NZDUSD
The NZDUSD is not in an uptrend against the dollar and we can expect this trend to continue in the short term, that is why I am looking for a buy entry here.
as you can see on my chart we have clearly defined trendline support and trendline resistance which has been tested many times before.
if the market comes and tests my trendline support I will drop a one-time frame and look for a valid response to get a buy trade, for example, double, bottom, head, and shoulder pattern, or harmonic pattern to use as a reason to buy the market
Thanks for your continued support!
EURUSD > The Best Place for Buy Entry!!Analysis of #EURUSD
if you have been following my analysis on EURUSD you know I have predicted the breakout and the move to the upside.
as you see the market now coming to test its previous trendline resistance which is now become a support trendline level.
the market now might come to test its support zone near 0.9900, also the previous swing high, which also was a resistance zone.
if the EURUSD drop to test my support \ demand zone I will drop don't time frame look for bullish confirmation before committing to a buy trade that meets my rules
Thanks for your continued support!
NAS100 > Possible Bullish Head and Shoulders Pattern!!Analysis of #US100
The NASDAQ is forming the second shoulder in a bullish head and shoulders pattern, which could be the start of a bottoming process.
The Aggressive Entry Would Be to Enter Now in A Small Position with A Stop Below the Head.
The Better and More Conservative Entry Is to Sit and Wait for A Confirmation of Breaking the Neckline Resistance Then Look for A Trend Continuation Setup for Targeting the Next Level of Resistance Near 12800.
Thanks for your continued support!
EURJPY > Possible Move to Move to The Downisde!!Analysis of #EURJPY
The EURJPY tested its trendline resistance and now moving to the downside, still not a lot of interest in buying yen at this point, but we can expect the market to start moving to the downside very fast if we start getting signs of a weak dollar.
I am waiting for confirmation to get into a small sell trader if the rules for entry are met
Thanks for your continued support!