Harmonicforex
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.20288
TP: 1.18878
SL: 1.21392
Bias: Short
The current price patter of this instrument has a potential for a medium strength price drive as per our projected direction. We believe that the projections we have created here will be proven by the fast oscillations of price.
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
GBPUSD to be resisted at 1.2200 ??In view of the potential support of the Dollar Index at 105.00/50, this would be in line with the idea of going short on GBPUSD next week.
I would wait for a candle rejection a tthe 1.22 levels to go short on this pair.
Both the daily and weekly RSI at the overbought zones. Let's watch this trade together.
NZDCAD || GOING LONG || W7LONG-TERM BULLISH TRADE
Time Frame : 4H
1. DOW Theory >>> UPTREND
2. UPWARD TRENDLINE
3. AB=CD
4. HL @ 0.236 of fab retracement
TRADE PLAN >>>
Placing Buy Stop Order above the S&R Level
SL will be just below last HL
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck 💪
Always Remember!
All strategies are GOOD if managed Properly
Trend is your FRIEND
Too much analysis leads to paralysis