USDCHF RESISTANCE BREAKS Pair: USDCHF
Timeframe: 1D , 4H
Analysis: Round number level, trend line, volume profile, support and resistance, breakout
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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
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Level needed: need a close by 0.96725
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Trade: Long
RISK:REWARD 1:5
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Harmonictraders
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
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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.
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Level needed: need a close by —
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Trade: Short
RISK:REWARD —
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
GBPUSD BEARISH TREND CHANNEL BOUNCEPair: GBPUSD
Timeframe: 1D , 4H
Analysis: Round number level, trend line, volume profile, support and resistance, trend channel
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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
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Level needed: need a close by —
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Trade: Short
RISK:REWARD —
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
$BCH Looking To OUTPERFORM It's Peers- Bulls? WYA?+Just a update on BCH, We did have a nice move up and attempted to brute force that KEY area, but the Bears weren't having it and we took a shot down... Although, BCH is about to VALIDATE that last low and really start to dig its feet in and start pushing possibly. Both Indicators are showing at Hidden Bullish Divergence at the pattern completion zone @ the 886, This is textbook and from strictly technical analysis, this following the same parameters in recent history before a next leg up... Pushing past that Supply Line will let this thing RIP
$DOT/Broadening Wedge In the Money Zone (PENDING)$DOT has formed a nice broadening wedge at the 886 range from the last swing high to swing row and is now trying to establish/validate a new local higher low above $6.76 at the $7 range. The MACD and RSI has printed hidden bullish divergence on both oscillator's indicating that momentum is started to build back up to possibly break through the top of the wedge and have a nice run...
We were due for a pullback after the last few weeks being manly green candles.. Overall, this is healthy price action and I don't think anyone should be panicking, as this is just traditional price action after a good few weeks for crypto...We also got some good news from the ETH merge.
Cheers
**DISCLAIMER, THIS IS NOT AN ACTIVE TRADE ATM, I AM JUST FOLLOWING THE STANDARDS OF TRADITIONAL TECHNICAL ANALYSIS. ANYTHING CAN HAPPEN**
AUDUSD Bullish AB=CD, will the bears dive into a trap?This pair has been held captive by the bears, plummeting the currency value since early 2021. A bullish ab=cd is in midst of the bears target. Will the bears be triumphed by their rivals the Bulls, or will they take a breather before devouring any Bulls along their way?
XAUUSD ShortTime Frame: 4H
Symbol: XAUUSD
Entry: 1729.702
TP: 1700.869
SL: 1752.641
Bias: Short
For gold our priority is for availing a selling opportunity. The current price level is not yet strong enough to jump upward with enough momentum to drive the level to a profit area and therefore our bias remains bearish.
AUDCAD DESCENDING TRIANGLE BREAKOUTPair: AUDCAD
Timeframe: 1H , 4H
Analysis: Round number level, trend line, volume profile, support and resistance, descending triangle pattern
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Key Takeaway: Alot of bullish momentum for AUD as it is altogether, we are at a critical level of reaction at the moment by the top of our descending triangle. We are looking for a close above this level on the 4H chart, a re-test would also give us the perfect confirmation we need to enter long
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Level needed: need a close by 0.89635
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Trade: Long
RISK:REWARD 1:9
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
BTC 19.8k -> 21k+ -> back down to 20kJust used lower timeframe bearish harmonics mixed with higher timeframe fibonacci crossovers and noticed a pathway higher timeframes are VERY likely to go:
19,800 -> Between 21k and 21.5k
Between 21k and 21.5k -> 20k
Laddering shorts at 21k and 21.2k after closing LONG and expecting a max of 21.5k
then after we will see but probably up after that. 20k should hold
BTC LONG 20.1k -> 21.5kI'm seeing a lot of 0.5 / 0.886 symmetry in this market currently. I will be buying 20.1k with a target of the 0.886 retracement 21.5k and then opening a short to TP around the 20.1k level again.
From there, we will see. But essentially, price is VERY likely to hold 20k for a while, with probably only a quick break below for liquidity until the mid 22's.
Of course, this is all a scam, but I think we will see up movements for the next 1-3 weeks.