Harmonictraders
WTI USOil Setting for Short Trade?FX:USOILSPOT
TRADE PLAN
INSTRUMENT: USOil
TIMEFRAME: DAILY
DESCRIPTION
Although fundamental drive illustrates that OPEC+ will cut oil production by 2mil barrel a day going forward, our Technical Outlook suggests that USOil Price will continue to fall untill we arrive at 70.00. The current rally appears a sentiment drive.
We will look to short the market when price visit a 55EMA with some confirmation to short for completion of Daily Bat Pattern.
Updates to follow.
Disclaimer
Charts are educational not investment recommendations
EURJPY PENNANT PATTERN SETUPPair: EURJPY
Timeframe: 4H
Analysis: Round number level, trend line, volume profile , support and resistance, pennant pattern, ascending triangle
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Key Takeaway: Seen price obey to this support trend line for a long time and we are starting to squeeze more and more against dynamic resistance, we are waiting for another bounce off resistance level before entering short
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Level needed: need a close by 144.00
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Trade: SHORT
RISK:REWARD 1:6
SL: —
TP: —
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
USDCHF SUPPORT BOUNCE SETUPPair: USDCHF
Timeframe: 1D , 4H
Analysis: Round number level, trend line, volume profile , support and resistance
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Key Takeaway: Strong USD after news today, we have seen a fake break out of support and a bullish press upward, we are looking for a re-test of this level before looking for long entries
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Level needed: need a close by 0.94000
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Trade: LONG
RISK:REWARD 1:6
SL: —
TP: —
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
AUDUSD BEARISH BREAKOUTPair: AUDUSD
Timeframe: 1D , 4H
Analysis: Round number level, trend line, volume profile , support and resistance, double top
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Key Takeaway: Strong USD has brought this pair down today with alot of bearish momentum, we are looking for a break and re-test of support before entering short most probably at the beginning of tomorrows session
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Level needed: need a close by 0.66980
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Trade: Short
RISK:REWARD 1:5
SL: 75
TP: 300
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
EURUSD RESISTANCE TREND CHANNEL BOUNCEPair: EURUSD
Timeframe: 1D , 4H
Analysis: Round number level, trend channel, volume profile, support and resistance
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Key Takeaway: With a strong USD outcome after todays news events, EURUSD showed us resistance and bearish momentum when dynamcix resistance and top of trend channel was hit, we are looking for entries after the next daily candle forms
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Level needed: need a close by --
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Trade: Short
RISK:REWARD 1:10
SL: --
TP: --
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
📉✌ETH 1H Short position✌📈BINANCE:ETHUSDT
COINBASE:ETHUSD
💥ThreedrivesPattern💥
Between now and inside yellow area below, you can open long position in two steps.
TP1-2-3-4-5-6 are on the chart.
The optimum stop-loss is on the chart.
Please share ideas and leave a comment,
let me know what you think.
CrazyS✌
BAT 'Jones' ! Christmas giftUS30 /Dow Jones or as we call it today Bat'Jones ' :) has formed a beautiful bearish harmonic Bat pattern and started its downward journey from the final point 'D'. We have waited for a Short opportunity for sometime and finally the time has come. Bears can start selling targeting the demand zones shown on the chart. Looking at the Glob economy om a broader scale, this decline seems inevitable.
Make sure to take an advantage of this big short before Christmas!
Love, Lacasafxfamily
📉✌ADAUSDT 15Min Short Position✌📈BINANCE:ADAUSDT
COINBASE:ADAUSD
Hello traders, first take a look at my previous analysis and positions.
between now and the yellow area, you can open a long and then a short position.
If the price falls and reaches the risk-free level, you can risk-free the position.
TP1-2-3-4-5-6-7-8 are on the chart.
The optimum stop-loss is above the determined area.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌