Harmonictraders
XAUUSD ShortTime Frame: 4H
Symbol: XAUUSD
Entry: 1777.659
TP: 1748.466
SL: 1795.667
Bias: Short
The price is oscillating in a narrow range but pressure is downward and the obvious change is going to occur due to bearish impulse and thus we can infer a bearish opportunity from the existing price rejection pattern.
EURUSD CONTINUATION TRADE Pair: EURUSD
Timeframe: 4H
Analysis: Round number level, trend line, volume profile, support and resistance, ascending triangle pattern
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Key Takeaway: Seen break of support and bearish momentum
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Level needed: need a close by 1.01300
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Trade: Short
RISK:REWARD 1:6
SL: 30
TP: 180
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
USDJPY PENNANT BREAKOUTPair: USDJPY
Timeframe: 4H
Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern
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Key Takeaway: Seen break of resistance and pennant pattern
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Level needed: need a close by 0.133.195
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Trade: Long
RISK:REWARD 1:9
SL: 40
TP: 340
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
GBPUSD INVERTED HEAD AND SHOULDER TRADEPair: GBPUSD
Timeframe: 4H
Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern, ascending triangle pattern, head and shoulders (inverted)
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Key Takeaway: Need to see a bounce off trend line and support level
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Level needed: need a close by 1.21122
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Trade: Long
RISK:REWARD 1:7
SL: 23
TP: 168
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
ETHUSDTHello my dear friends
I'm not very familiar with harmonic patterns, but according to price action, the price should enter a very quick correction.
It must be released from this state of compression.
If we want to look at the chart from a different point of view, it seems that if the price range of $1,655.52 is completely consumed and the first target of the pattern is hit, by observing the loss limit, we can reach the specified range (1,726.24 $) enter into the transaction.
We would be happy to hear your comments