AUDNZD-2H-TREND ANALYSIS AUDNZD is looking bullish as more heavy confluences are with the bulls, but we should not enter here instantly if it breaks the structure and closes the candle above 1.07162 then we could take entry on the closing of 2h or 4h candle. it could also be a sign of trend reversal
bearish signs are weak but we can also take entry blow 1.06849 on the closing of 4h or 2h candle which will show the sign of trend continuation
Harmonicsignals
USD/JPY Daily Analysis: Seizing the Bearish bat pattern 📉Shalom, tradingviewers, from the holy city of Jerusalem! Where I live right now, in the neighbourhoods of kindness. Thanks to the Creator 😀 Its a great pleasure to share my precious insights with you as always.
Today, we embark on a journey, where the USD/JPY currency pair beckons with a compelling setup on the daily timeframe:
📌 Technical Analysis Highlights 📌
🦇 Bearish Bat Pattern: Picture this - the price action has masterfully crafted a bearish bat pattern, renowned for its impressive win rate. This pattern has gracefully steered the price towards a pivotal point at 149.500, none other than the D leg of this harmonic formation.
📉 Anticipating a Correction: Now, as we stand on the precipice of change, the RSI indicator chimes in from a highly oversold territory, casting its vote of confidence in this scenario. And there's more - a bearish divergence has been evolving over the past two months, reinforcing our bearish outlook.
📈 Trade Strategy 📈
With these potent technical signals as our guide, we take action. This daily analysis caters to those with a broader perspective - a long-term vision of the markets.
📊 Long-term Targets 📊
1️⃣ First Target: 144.750
2️⃣ Second Target: 141.000
3️⃣ Ultimate Target: 135.000
While this daily analysis provides a panoramic view, remember that shorter timeframes may offer opportunities with tighter stop losses. Trade wisely, manage risk diligently, and may your trades bring abundant success! 🍀
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While Everyone is Selling EUR/JPY, It Looks Like It Will RetraceIf you trust math and geometry then there should be a small retracement for eur/jpy. Harmonics indicator says there will be a small push up, taking out many stop losses of those who expect it to continue falling. Big banks will profit, and then continue the actual direction - down.
What do you think?
Unlocking Bullish Potential: Gartley Pattern Analysis for AUDCHFHello Traders,
I've got an observation on #AUDCHF. As DXY shows bullish signs, we might see some bearish movements in CHF.
Right now, the pair is sitting on a strong support at 0.5735. This seems like a good spot for the final leg of the Gartley pattern, signaling a potential move to the upside. Keep an eye on it, though – if it drops below 0.5722, we could see a decline in the pair's value.
Cheers!
EurUsd intraday sell setupAfter a rapid expansion to the up side . It's time for a retracement on the 4hr time frame in preparation for another expansion.
I was able to catch a sell at the turning point and now the market has presented another entry Opportunity on the same setup. We sell to 1hr sellside liquidity, after sellside has been raided we will look for lower TF confirmation for a buy
One last push before coming downGBPUSD is still on the downtrend with the bears not backing out anytime soon. However, there seems to be a change in trend as the pound creates a higher low.
Question is, will that support hold and be enough for the bulls to change the course of trend towards the LQP and reach the D point of the Shark Pattern?