Harmonictraders
JPYUSD Short Time Frame: 4H
Symbol: JPYUSD
Entry: 0.007856
TP: 0.007563
SL: 0.008099
Bias: Short
As we see the current price structure of this pair is gaining some bullish strength which is waiting to culminate in a short opportunity. This sudden surge will not sustain and it will come back to it's established direction.
EURJPY > Strong Bullish Trend, Looking for A Buy!!Analysis of #EURJPY
a beautiful bullish uptrend within a rising channel so I am only looking for a buy for now.
if the market comes and tests my trend line support also structure support level I will then drop a one-time frame looking for a buy entry to target the previous highs
________________________________________
💭 | Comment your thoughts below, I always answer.
📥 | Feel free to message me if you have any questions.
Thanks for your continued support!
EURNZD > Amazing Uptrend, Still Looking for A Buy!Analysis of #EURNZD
i previously published an idea on this exact setup and indeed it worked and hit tp, now the same setup but with little less confidence as the trend line has been used 5 times before hence, I have currently have less confidence in this trade than when it hit for the fifth time.
I will be waiting to see if the market will come for the sixth touch looking for a reversal pattern on the lower time frame near trend line support similar to the double bottom that happened previously when it touched for the fifth time.
if the market did not stop at trend line support I would still be looking for a buy as the trend still to the upside as long as we are above 1.61500.
________________________________________
💭 | Comment your thoughts below, I always answer.
📥 | Feel free to message me if you have any questions.
Thanks for your continued support!
Tether Dominance Analysis5/14/2022🟡 USDT DOMINANCE
🕒 Daily TF
➖➖➖➖➖➖➖
USDT dominance is forming a bearish ALT AB=CD pattern, whose potential reversal zones are 1.272 and 1.618 fib extension retracement levels, from where we can see a reversal.
So, a reversal can be expected from the marked two levels, which would confirm a bullish sign for the crypto market, after the reversal because USDT dominance and the crypto market work opposite each other.
✍This Analysis will be updated.
📆5/14/2022