EURUSD ShortTime Frame: 4H
Symbol: EURUSD
Entry: 1.05310
TP: 1.01362
SL: 1.08093
Bias: Short
A deep analysis of sentiments of traders for EURUSD shows that 80% of the traders are bullish but the problem is the pair has created a stairway to chasm of no return . In spite of all fundamental factors or even market sentiments, the situation can be made worse by the NFP and Fed intervention. Though there is a ray of hope for upward move but the downward move will be heavy and it will take the pair to a new level. So, we are bearish.
Harmonictraders
Potential Long Bullish Bat APF H1 TFPotential Long Bullish Bat APF H1 TF
HTF D1 showing us temporary retracement,lets see if the trend continue
Forming Bat pattern in LTF H1 is good entry but we must wait for confirmation
reminders:Trade @ your own risk
LTF - Lower Time Frame
HTF - Higher Time Frame
TF - Time Frame
TRS - Trend Reversal Strategy
CRT - Counter-Retail Technique / Break-out
APF - Advance Pattern Formation
W4C - Waiting for Confirmation
LLCC - Lower low, lower close
HHHC - Higher high, higher close
SL - Stop loss
TP - Target Profit
POR - Point of Ruin
RRR - Risk Reward Ratio
Risk Disclaimer: This is not a trade signal hence we'll not be held responsible for any losses that will occur in your account during trading. You and you alone are responsible for deciding if you are comfortable accepting the potential risk involved in trading. So trade at your own risk and do not invest money you cannot afford to loss..
SLP butterfly pattern can drop price more#SLP/USDT
$SLP broke down from support zone and need to confirm it as support, also it shaped butterfly pattern.
🐻 price can drop more to support zone between $0.011 and $0.009.
🐻🐻 break down from support zone can drop price more to $0.003 to complete Butterfly pattern.
🐮 holding the support zone of $0.009 and break out from resistance zone around $0.018 will invalid the butterfly pattern.
Long Gartley Pattern GBPNZD 4HGartley pattern formed this week and got triggered in this afternoon
Previous level of resistance likely to act as support before GBP moves higher.
Entry at: 1.92124
Stop loss at: 1.90807
Target 1 at: 1.93080
Target 2 at: 1.93728
Targets will be moved to account for extension of D leg
Cypher Harmonic on BTCWhat you see here is a Cypher Harmonic on the BTC chart. Trade should be on the .786 of X-A ( ~ 42.8k ).
Confluence for a short entry:
- Previously value area low (VAL) on the previously consolidation.
- .786 (X-A)
- 1.414 (B-C)
- Untapped Daily level
- Gann Fibonacci Fan
Target: 37.7k untouched daily level.
Take profits on ~ 41k and 39.8k.
Stoploss on validation on around ~ 44k. Reason for this is the Cypher pattern is not validated when it reach above the .786 of X-A.
Risk/reward ratio: 1 on 4.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.27337
TP: 1.24278
SL: 1.29122
Bias: Short
For this instrument we can explicitly say that the trend is bearish as we do not see any short time recovery from the current situation. GBPUSD is under bearish pressure and it will continue as a lack of necessary stimulant to fight the dollar back.
LT - SHARK PATTERNThere is a formation of the Shark pattern on the daily chart of the Larsen & turbo.
The first Potential Reversal Zone of the pattern is at 1625-1636.
The second PRZ stands at 1550-1560
Keep an eye on price action around these levels for catching a reversal or pullback trade.
Weekly support of the stock also coincides with this pattern, making it an important formation.
The bearish Gartley still lives!This harmonic has so far played out amazingly well. The main trouble I had was not noticing the triple top made around 14250/14300. This then sent us down to complete the full 886 extension of the C. I've updated the chart and hidden the green fibs + GZ and added these white fibs with a green box. If the PA manages to break and close above the green box then it'll carry on to the D where I'll be taking profit and looking for a short entry to bring us down all the way to 11k. If the green box holds on the next attempt then the D will not come and we'll go to hell all the same.