Week07 - EURAUD | Bearish Bat Chart PatternBearish Bat pattern is about to formed as point C didn't break last lower low and now its bullish towards the point D on currency pair EURAUD.
Harmonictraders
NAS100 H4 Bearish trend resumes?PEPPERSTONE:NAS100
25 July 2022
Trade Plan
Instrument: NAS100
Timeframe: H4
Description
Price appears to lose momentum for a bullish move at price handle 12942,70 suggesting failure of bullish move. Hence the Projected C leg of Bearish Cypher pattern is likely to be invalidated.
That means, price is likely to revisit 11284.8-11069.4 support zone. If the zone is broken, we will be looking for yet another bullish move at price range10814.90-10080.80 area.
DISCLAIMER
Charts are EDUCATIONAL, not INVESTMENT recommendation
Specifically, price is likely to develop a Bearish continuation move this week.
USDNOK Daily develops CD Leg of Bullish CypherFX_IDC:USDNOK
18 July 2022
TRADE PLAN
PAIR: USDNOK
BAR SIZE: Daily
Looks like the pair is developing a CD leg of Bullish Cypher Pattern.
Let's see how the plan plays out
Disclaimer
Charts are EDUCATIONAL, not INVESTMENT recommendation
ADANIENT - Price Action Analysis NSE:ADANIENT has reached out its fuel.
Every up move the volume is getting down and the size of the candle is getting smaller even after broke the all time high , still the momentum is getting lost.
What I believe the up move sustains till 2560 and then after you will see a good correction.
Still this stock is not believed in any technical analysis but those who have can booked their profit.
CMNT MY BULLISH VIEWCMNT MY BULLISH VIEW. Harmonic pattern bearish bat and Navarro 200 with double bottom and cup and handle confirmation. This stock have high area confluence.
XAUUSD ShortTime Frame: 4H
Symbol: XAUUSD
Entry: 1726.777
TP: 1693.676
SL: 1752.430
Bias: Short
The trend drawdown is obvious and a short term momentum breakout cannot break the bearish bias and therefore we are for a selling opportunity.
JPYUSD NeutralTime Frame: 4H
Symbol: JPYUSD
Bias: Neutral
The current price pattern is suggesting a neutral bias. We do not have any strong directional bias for this instrument.
GBPUSD LongTime Frame: 4H
Symbol: GBPUSD
Entry: 1.19437
TP: 1.20998
SL: 1.18223
Bias: Long
For this instrument we think bullish bias is more suitable from micro trend perspective. So let us look for a buying opportunity.
EURUSD LongTime Frame: 4H
Symbol: EURUSD
Entry: 1.02012
TP: 1.03715
SL: 1.00851
Bias: Long
We are bullish for this pair. The price pattern ,volatility and momentum pattern do not show any big promise but a small scale buy opportunity is feasible.
USDCHF ShortTime Frame: 4H
Symbol: USDCHF
Entry: 0.96517
TP: 0.95202
SL: 0.97444
Bias: Short
The current price pattern of this instrument is suggesting a bearish bias. We can search after a selling opportunity.
USDCAD BREAKOUT TRADEPair: USDCAD
Timeframe: 4H
Analysis: Round number level, trend line, volume profile, support,
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Key Takeaway: Need to see break of support and round number
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Level needed: Need to see price hit 1.28465
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Trade: Short
RISK:REWARD 1:7
SL: -32
TP: +239
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
JPYUSD ShortTime Frame: 4H
Symbol: JPYUSD
Entry: 0.007211
TP: 0.007125
SL: 0.007270
Bias: Short
The current volatility and momentum structure of this pair is showing a beautiful shorting opportunity. Let's chalk out a bearish trade for this instrument too.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.19433
TP: 1.17773
SL: 1.20470
Bias: Short
We are planning a short trade for this pair. Considering the dynamic support and resistance, our bias is weighed by the bearish impulsive twists and turns. We plan a sell trade here.
EURUSD ShortTime Frame: 4H
Symbol: EURUSD
Entry: 1.01934
TP: 1.00295
SL: 1.03173
Bias: Short
For EURUSD our bias is bearish . We are considering the current bearish market structure and the dynamic resistance as a psychological base of triggering short trades.
USDCHF ShortTime Frame: 4H
Symbol: USDCHF
Entry: 0.97372
TP: 0.96171
SL: 0.98298
Bias: Short
The current price pattern of this pair is showing a bearish opportunity today. The overall trend direction is bearish along with market sentiment.
NESTLEINDIA - Butterfly PatternThere is a probability of a butterfly pattern on the daily chart of NestleIndia.
Sustaining 18100, the stock might move towards 19200- 19400 in the coming sessions initially and then towards 20300-20350 levels.
BALRAMPUR CHINI - Cypher PatternBalrampur Chini, daily chart had cypher pattern formation and we did see a bounce from its prz zone.
Now sustaining 370 levels, we could see it moving towards 390- 410 levels in the coming sessions.
JPYUSD NeutralTime Frame: 4H
Symbol: JPYUSD
Bias: Neutral
Our bias is neutral for this pair. We do not see any potential for the time being. The scope of going short or long is limited.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.19931
TP: 1.18579
SL: 1.20842
Bias: Short
Currently the price pattern of GBPUSD is suggesting a short trade. Our technical and fundamental studies prove that there is a potential for further drop.
EURUSD ShortTime Frame: 4H
Symbol: EURUSD
Entry: 1.01821
TP: 1.00100
SL: 1.03140
Bias: Short
This pair is trying to recover its drop . The trend is weak and the momentum is not strong either. So we plan for a short trade.
XAUUSD ShortTime Frame: 4H
Symbol: XAUUSD
Entry: 1708.700
TP: 1677.938
SL: 1736.898
Bias: Short
For gold our plan is to short. Currently the price pattern of gold is suggestive of a short term sell opportunity and the dynamic resistance is also in favor for a short opportunity, so we plan for a short trade.
USDCHF ShortTime Frame: 4H
Symbol: USDCHF
Entry: 0.97060
TP: 0.95973
SL: 0.97992
Bias: Short
For this instrument our bias is short and we are planning a trade to exploit this short term momentum sell trade.
HCL TECHNOLOGY swing trade HCl tech here bat & butterfly pattern complete looking good for swing & midium term.
