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Harmonictraders

AUDNZD DOUBLE TOP Pair: AUDNZD Timeframe: 1D , 4H Analysis: Round number level, trend line, volume profile, support and resistance ————— Key Takeaway: Seen alot of resistance against trend line and a double top form on the 1H chart, once we see a good amount of bearish momentum we will be looking for short entry ————— Level needed: need a close by 1.11460 ————— Trade: Short RISK:REWARD 1:13 SL: 10 TP: 130 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Short
by TheGoldRoom
1
CADCHF BREAKOUT OR BOUNCE?Pair: CADCHF Timeframe: 1D , 4H Analysis: Round number level, trend line, volume profile, support and resistance, trend channel, ascending triangle pattern ————— Key Takeaway: Seen alot of strength within the past few hours and CHF is significantly week and we can see this amongst all other pairs. If we break through the top of the channel we will need to see a re-test and the same amount of volatility, if we bounce we will wait for price to break support and round number ————— Level needed: need a close by 0.74290(bullish) or 0.72985(bearish) ————— Trade: Neutral RISK:REWARD — SL: — TP: — ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
by TheGoldRoom
GBPUSD KEY LEVEL BOUNCE OR BREAK?Pair: GBPUSD Timeframe: 1W, 4H Analysis: Round number level, trend line, volume profile, support and resistance ————— Key Takeaway: Just hit very significant and long term support and trend line with a double bottom on 4H, GBP is significantly week right now so we are looking for either a break or bounce ————— Level needed: need a close by 1.18050(bullish) or 1.17690(bearish) ————— Trade: Neutral RISK:REWARD — SL: — TP: — ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
by TheGoldRoom
2
CADCHF PENNANT BREAK CONTINUATION?Pair: CADCHF Timeframe: 1H, 4H, 1D Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern, trend channel ————— Key Takeaway: Stuck very well to downward trend channel so we are looking to sell when price breaks pennant and high volume level ————— Level needed: need a close by 0.73730 ————— Trade: Short RISK:REWARD 1:5 SL: 15 TP: 80 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Short
by TheGoldRoom
2
BANKNIFTYHello and welcome to this analysis Bank Nifty after a stupendous run has reversed from a Bearish Harmonic Alt Shark suggesting a probable 38-50 Fibonacci retracement of the entire run since mid June. Harmonic patterns are formed when structures synergize with Fibonacci ratios thereby giving higher probabilities of reversal confirmations. This view will be valid till SPOT does not break above 39850 Risk Reward appears to be very good for a bearish trade.
NSE:BANKNIFTYShort
by Dinesh_C_Nagpal
1
GPBCAD CONTINUATION SETUP?Pair: EURJPY Timeframe: 4H, 1H Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern, inverted head and shoulders ————— Key Takeaway: Seen a break of resistance, head and shoulders pattern for more confirmation, just need a push through high volume and round number level ————— Level needed: need a close by 137.555 ————— Trade: Long RISK:REWARD 1:5 SL: 44 TP: 230 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Short
by TheGoldRoom
EURJPY INVERTED HEAD AND SHOULDER BREAKPair: EURJPY Timeframe: 4H, 1H Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern, inverted head and shoulders ————— Key Takeaway: Seen a break of resistance, head and shoulders pattern for more confirmation, just need a push through high volume and round number level ————— Level needed: need a close by 137.555 ————— Trade: Long RISK:REWARD 1:5 SL: 44 TP: 230 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Long
by TheGoldRoom
2
WILL WE SEE AUDUSD BREAK THIS VITAL SUPPORT?Pair: AUDUSD Timeframe: 4H, 1H Analysis: Round number level, trend line, volume profile, support and resistance, descending triangle pattern ————— Key Takeaway: Need a break of support, already seen a break of high volume level, we also need some strong bearish momentum ————— Level needed: need a close by 0.68500 ————— Trade: Short RISK:REWARD 1:7 SL: 21 TP: 146 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Short
by TheGoldRoom
USDJPY KEY LEVELS BREAK OUTPair: USDJPY Timeframe: 4H, 1D Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern ————— Key Takeaway: Need a big push up with alot of bullish momentum as we have already broken key levels of resistance and using them now as support ————— Level needed: need a close by 136.890(bullish) ————— Trade: Long RISK:REWARD 1:6 SL: 29 TP: 243 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Long
by TheGoldRoom