USDCHF Long Time Frame: 4H
Symbol: USDCHF
Entry: 1.00516
TP: 1.03221
SL: 0.98579
Bias: Long
The price pattern of this instrument suggests a bullish pattern . As a trend trader, we are to follow the bullish side.
Harmonictraders
WiproWipro made an AB=CD pattern (if it dont extend losses from here & reverses) on daily charts, if overall market & IT index made bottom here reverses,
Then, could be bought with mentioned stoploss & targets.
Risk to reward ratio is well in favour of bulls.
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
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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.
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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
BNBBTC possible reach top for this move || BNBBTC SHORT Maybe BNB here already find top and ready for move down.
Can see some Elliott wave possible count for missing C of this correction.
ENJBTCENJBTC after nice run on daily print Nen Star harmonic pattern and is good idea to take part of profit. That will be almost TP4 for bullish Cypher Harmonic pattern.
This is how looks in this moment
JPYUSD ShortTime Frame: 4H
Symbol: JPYUSD
Entry: 0.007766
TP: 0.007400
SL: 0.007998
Bias: Short
In spite of some trend corrections, our bias is still bearish. We need to find an window of selling opportunity.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.22049
TP: 1.16476
SL: 1.25802
Bias: Short
Our technical and fundamental study reveals that the pair has little hope for bullish opportunity. We need to find a suitable bearish opportunity.
XAUUSD ShortTime Frame: 4H
Symbol: XAUUSD
Entry: 1817.475
TP: 1711.277
SL: 1899.918
Bias: Short
The price pattern of this instrument shows a bearish bias and therefore our recommendation is to go for a sell trade.
USDCHF LongTime Frame: 4H
Symbol: USDCHF
Entry: 1.00082
TP: 1.04121
SL: 0.97174
Bias: Long
The current price pattern is bullish and the bull will continue to remain bullish as our fundamental and technical study show. We are looking for a long opportunity.
Nifty 16 th may 2022 trade setup..I am expecting a price gap up as the call premium has decreased hugely in the first trading season of this expiry and most importantly the low js in Harmonic PRZ... Other thing is explained in the chart.
JPYUSD ShortTime Frame: 4H
Symbol: JPYUSD
Entry: 0.007830
TP: 0.007544
SL: 0.007994
Bias: Short
We are bearish for this instrument . The established trend is bearish and the market dynamics insinuate that the bearish trend will be longer and therefore we are on the direction of the trend.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.22037
TP: 1.16747
SL: 1.25379
Bias: Short
Following the established trend we can search after a window of long opportunity. Current price pattern suggests a bear market structure and therefore we are on the sell side.
EURUSD ShortTime Frame: 4H
Symbol: EURUSD
Entry: 1.04014
TP: 0.99247
SL: 1.06963
Bias: Short
For this instrument our bias is short and we are looking for a suitable entry point to take a sell position.
XAUUSD ShortTime Frame: 4H
Symbol: XAUUSD
Entry: 1845.276
TP: 1746.290
SL: 1914.701
Bias: Short
For this instrument our bias is short. We do not see any sustainable strength for this instrument to fight back the bear market. So we can position for a short trade.
USDCHF LongTime Frame: 4H
Symbol: USDCHF
Entry: 0.99624
TP: 1.02266
SL: 0.97587
Bias: Long
Currently the established pattern for this instrument is showing a long bias. As we see entering any trade at extreme long is very risky . However, considering the bullish strength of US dollar, we are planning a long position for this pair.
ETHUSDT ShortTime Frame: 4H
Symbol: ETHUSDT
Entry: 2185.61
TP: 1554.07
SL: 2664.72
Bias: Short
It is self evident that the market is bearish and so is the case with this vertical. From our price reading our technical study reveals that we need short at this point.
BTCUSDT ShortTime Frame: 4H
Symbol: BTCUSDT
Entry: 29384.47
TP: 22153.85
SL: 35259.36
Bias: Short
We are interested in shorting this pair. We do not see any strong bias or high probability to move up. Considering the recent volatility structure our bias is for shorting the instrument.
JPYUSD ShortTime Frame: 4H
Symbol: JPYUSD
Entry: 0.007686
TP: 0.007383
SL: 0.007893
Bias: Short
For JPYUSD our goal is to search for a suitable selling opportunity. Considering the strength of the bearish trend our bias remains with the trend.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.23152
TP: 1.18386
SL: 1.26146
Bias: Short
For this instrument our bias is to ride the bearish trend. Following the beaten track the price action will continue to create new shorting opportunity.
EURUSD ShortTime Frame: 4H
Symbol: EURUSD
Entry: 1.05212
TP: 1.01005
SL: 1.08489
Bias: Short
We are searching after selling opportunity for this pair. As the bearish trend is established our goal is to find a suitable high probability entry.
