Get started

Harmonicforex

USDJPY ON THE RISE AS ITS ATTEMPT TO LIGHTEN CURRENCY FAILEDPair: USDJPY Timeframe: 4H Analysis: Round number level, trend line, volume profile, support and resistance, ascending triangle, fakeout? ————— Key Takeaway: Seen a break of trend line last week but you have to remember this was only due to JPY's attempt in aiding the currency, the bearish spike did not last long and is already back on the rise. Looking for breaks of high volume and resistance before we enter ————— Level needed: need a close by — ————— Trade: LONG RISK:REWARD — ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Long
by TheGoldRoom
1
USDCHF RESISTANCE BREAKOUT?Pair: USDCHF Timeframe: 4H Analysis: Round number level, trend line, volume profile, support and resistance, ascending triangle ————— Key Takeaway: Alot of bullish momentum for this pair meaning we will be looking for long trades only. Huge bullish candles have formed which leads us to believe that this major level of resistance above will be broken. We might see a retest of trend or we could just push straight up from market open ————— Level needed: need a close by — ————— Trade: LONG RISK:REWARD — ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Long
by TheGoldRoom
3
AUDUSD TREND CHANNEL BREAK AND RETESTPair: AUDUSD Timeframe: 4H Analysis: Round number level, trend line, volume profile, support and resistance, trend channel break, retest of vital areas ————— Key Takeaway: Alot of bullish momentum for USD which has caused this pair to show alot of downward momentum. We have already seen a break and caught some pips from this on Friday, will be looking for retest of round number levels / broken support as resistance ————— Level needed: need a close by — ————— Trade: SHORT RISK:REWARD — ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Short
by TheGoldRoom
AUDCAD POSSIBLE PENNANT BREAK?Pair: AUDCAD Timeframe: 4H Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern break ————— Key Takeaway: Price is seeing a lot of bullish pressure and we have just seen a break of a major resistance trend line, we are waiting for a close above dynamic resistance as price could be producing a fake out which we have to be careful of ————— Level needed: need a close by 0.89600 ————— Trade: LONG RISK:REWARD 1:7 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Long
by TheGoldRoom
AUDUSD > Possible Support Near 0.6600, Might Rally from HereAnalysis of #AUDUSD The AUDUSD found some support just at 0.6600 at its trendline support, I am watching to see if I can get a reversal pattern with confirmation we are turning bullish at this level. it is not a good idea to be selling dollars right now, we need to be extra careful choosing an entry, and if I get confirmation that buyers are stepping in, and buying this market I will look to enter a buy trade targeting the next level of resistance Please support me by boosting this idea so it can get to more and more traders ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to message me if you have any questions. Thanks for your continued support!
Long
by TheTradersAvenue
6
AUDJPY ASCENDING TRIANGLE BREAKPair: AUDJPY Timeframe: 1D Analysis: Round number level, trend line, volume profile, support and resistance, ascending triangle, double bottom ————— Key Takeaway: Price has already broken price to the upside of the ascending triangle and come back down for a re-test. We have also seen that a double bottom has formed indicating strength of the resistance turned support level. ————— Level needed: need a close by 96.000 ————— Trade: LONG RISK:REWARD 1:6 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Long
by TheGoldRoom
USDCAD HEAD AND SHOULDERS DROP Pair: USDCAD Timeframe: 1H , 4H Analysis: Round number level, trend line, volume profile, support and resistance, head and shoulder pattern ————— Key Takeaway: USD is dropping significantly today and we are going to squeeze gains out of this retracement. Bounced very nicely off resistance on the right hand shoulder and seeing great bearish pressure now ————— Level needed: need a close by 1.32775 ————— Trade: Short RISK:REWARD 1:3 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Short
by TheGoldRoom
NZDUSD POSSIBLE TREND CHANNEL BREAK?Pair: NZDUSD Timeframe: 1H , 4H Analysis: Round number level, trend line, volume profile, support and resistance, trend channel break ————— Key Takeaway: Price has stuck to this hugely ranged trend channel for quite sometime and it is possible we could in fact see breaks. We need to see closes and re-tests below this level of support before we can enter, always remember that we could very well indeed see a bounce upward, always keep your mind open to every possibility :) ————— Level needed: need a close by 0.59230 ————— Trade: Short RISK:REWARD 1:6 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Short
by TheGoldRoom
CADJPY HUGE RETRACEMENT BOUNCE Pair: CADJPY Timeframe: 1H , 4H Analysis: Round number level, trend line, volume profile, support and resistance, ascending triangle, bounce off key levels ————— Key Takeaway: Seen a big retracement for the pair of the past couple of weeks down to a critical level that has now been touched, we are looking for a big swing of bullish momentum before signs for entry can be found. We have stalled and are consolidation when high volume level and support level has been touched and also hit key fib levels. ————— Level needed: need a close by — ————— Trade: Long RISK:REWARD — ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Long
by TheGoldRoom
2
XAUUSD > Gold Might Continue Down to Test 1600Analysis of #XAUUSD The Gold has broken its long-term support level near 1680, now we can expect this level to be a strong resistance which the market is not going to be able to close above in the short term. as you can see the market completed 3 waves down and is now in the process of completing the last wave which might be completed near 1600.00. I am only looking to short this market or avoid it this week, as we are going to have FED rated decision Please support me by boosting this idea so it can get to more and more traders ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to message me if you have any questions. Thanks for your continued support!
OANDA:XAUUSDShort
by TheTradersAvenue
20
GBPJPY > Possible Buy Entry Ahead of BOE Rate Decision Analysis of #GBPJPY The GBPJPY is still trading in between this support and resistance level as laid out on my chart, we can look for a conservative buy entry if the market comes down to test support zone near 160.00 sharp keep in mind, that the BOE will deliver the official bank rate on sept-22, be careful Please support me by boosting this idea so it can get to more and more traders ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to message me if you have any questions. Thanks for your continued support!
Long
by TheTradersAvenue
7
USDCHF RESISTANCE BREAKS Pair: USDCHF Timeframe: 1D , 4H Analysis: Round number level, trend line, volume profile, support and resistance, breakout ————— Key Takeaway: There is a lot of strength for USD itself so the main bias is bullish, we will be looking for breaks of resistance. We have already broken high volume level we just need a close above resistance ————— Level needed: need a close by 0.96725 ————— Trade: Long RISK:REWARD 1:5 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Long
by TheGoldRoom
1
AUDUSD HEAD AND SHOULDERS Pair: AUDUSD Timeframe: 1D , 4H Analysis: Round number level, trend line, volume profile, support and resistance, descending wedge pattern, head and shoulder pattern ————— Key Takeaway: Seen alot of bearish pressure for the pair but the market closed near a pullback level last week. We need to see price maybe retrace a bit more before coming back down. ————— Level needed: need a close by — ————— Trade: Short RISK:REWARD — ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Short
by TheGoldRoom
4
GBPUSD BEARISH TREND CHANNEL BOUNCEPair: GBPUSD Timeframe: 1D , 4H Analysis: Round number level, trend line, volume profile, support and resistance, trend channel ————— Key Takeaway: been ranging in our downward trend channel for some time and there are alot of bearish fundamentals for GBP, we need to see a bounce off broken support turned resistance and the top of our trend channel ————— Level needed: need a close by — ————— Trade: Short RISK:REWARD — ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Short
by TheGoldRoom