GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.21631
TP: 1.19836
SL: 1.22880
Bias: Short
For this pair our bias is short. We can anticipate a short trade from the current price level.
Harmonictraders
EURUSD ShortTime Frame: 4H
Symbol: EURUSD
Entry: 1.01999
TP: 1.00366
SL: 1.03261
Bias: Short
The present price pattern of this pair is revealing a bearish opportunity. The strength of this instrument will not hold water against the dollar and so we can go for a short trade.
XAUUSD ShortTime Frame: 4H
Symbol: XAUUSD
Entry: 1768.755
TP: 1747.622
SL: 1788.126
Bias: Short
The obvious trend here is bearish. We expect a sell position from the current price projection.
USDCHF ShortTime Frame: 4H
Symbol: USDCHF
Entry: 0.96169
TP: 0.95028
SL: 0.97025
Bias: Short
The current price pattern of this pair is showing a bearish propensity and the oscillations and momentum is also in bearish direction. So we go for a sell trade.
Follow the trend with CADCHFThe CADCHF has a nice downtrend in H4 and D1.
It has also created a pattern to sell at the current price.
Weakness seen in H1, M30 and M15.
Hoping for a big drop on this pair.
JPYUSD NeutralTime Frame: 4H
Symbol: JPYUSD
Bias: Neutral
We are neutral for this instrument. We do not see any directional bias for the time being.
GBPUSD LongTime Frame: 4H
Symbol: GBPUSD
Entry: 1.22349
TP: 1.23542
SL: 1.21414
Bias: Long
The current price pattern of this pair is bullish and we can anticipate a long trade from the current price context.
EURUSD ShortTime Frame: 4H
Symbol: EURUSD
Entry: 1.02509
TP: 1.01187
SL: 1.03390
Bias: Short
The current price pattern for this pair is bearish and the overall sentiment is also bearish so we can expect a sell position.
XAUUSD NeutralTime Frame: 4H
Symbol: XAUUSD
Bias: Neutral
We do not have any bis for this pair. We stay neutral for the time being.
USDCHF ShortTime Frame: 4H
Symbol: USDCHF
Entry: 0.95290
TP: 0.93959
SL: 0.96125
Bias: Short
The current trend for this pair is bearish and we can go for a short opportunity.
A chance to sell EURNZD at 1.628This pair is on the downtrend.
It has made a nice pattern and now waiting for the reversal signs to complete.
M30 and M15 are overbought.
Divergence showing and if all is good, we will sell in 1 hour.
EURCHF Daily Bullish Lobster SetupMonitoring a potential Lobster XABCD pattern developing on the EURCHF. In heavily oversold territory, but sentiment still favors bears over bulls. Will need to see a definitive break above the downward trendline.
JPYUSD NeutralTime Frame: 4H
Symbol: JPYUSD
Bias: Neutral
The price pattern of this instrument is demonstrating a neutral bias. We do not see any strong evidence of directional bias here.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.22399
TP: 1.21174
SL: 1.23244
Bias: Short
Our bias for this instrument is short. As we see the bearish momentum is stronger than bullish one .We think running a short position is more justified.
EURUSD NeutralTime Frame: 4H
Symbol: EURUSD
Bias: Neutral
We do not have any short or long bias for this pair. We need to watch over the price story of this instrument.
XAUUSD ShortTime Frame: 4H
Symbol: XAUUSD
Entry: 1778.058
TP: 1743.675
SL: 1805.073
Bias: Short
We plan a short trade from the current price context. The short term trend of the pair is showing an inherent weakness which paves a way for shorting.
USDCHF ShortTime Frame: 4H
Symbol: USDCHF
Entry: 0.95118
TP: 0.93756
SL: 0.95942
Bias: Short
This pair is trending short as we see the overall price action pattern is slowly showing a sort of price drop. So our bias is bearish as history repeats itself.
Anand Rathi Wealth Ltd Getting ready for a breakoutCurrently trading at 653.90
Prices consolidating above 600 levels since April 2022.
Sustaining 600 levels, it could move towards 700 to 800 levels in the coming months.
BTCUSDTHello, I hope we have a good trading week.
In the weekly time frame, we took a different look at Bitcoin... Isn't it interesting!?!?
In terms of price action, we should return to the $63,000 price range once again, do you think we will have this return before seeing the $16,000 price range!?!?
Two patterns are formed together. We have a risk to reward of 1 to 7, it seems worthwhile.
We would be happy to hear your comments
matic bull flag + H&Smatic broke the bull flag after a massive run from the neckline of the head and shoulders if we clear this resistance here we can easily see 1.17
Scenario 2 (Bullish Shark) 19.5k OR 18.3kBullish Shark pattern target is matching the numbers - it says 19.5k for the 0.886 fib, or 18.3k for the 1.618 fib. Either one can happen.
The 1.113 fib has confirmed our top for BTC at X-B (it head dead on)
I have changed my LONG to order at 18.3k, with the same LONG TP as in the "Link to Related Ideas" chart I posted yesturday.
The thing that convinces me is the 1.113 of OX is the exact same point as the 1.618 of AB, that is 18.3k.
Therefore, I am leaning more towards 18.3k.
18.3k would also make a lot of Bears think its going much lower (bear flag fakeout).
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Bullish Shark rules:
The Shark pattern has the following ratios.
CONFIRMED - AB leg extends OX leg between 113% – 161.8% (because of this, 26.5k is also kind of possible but not likely now, whales just pushed price up to form this harmonic and then BARTed it.)
CONFIRMED - BC leg extends beyond O by 113% of the OX leg
LETS SEE - BC leg is also an extension of AX by 161.8% – 224%
Unlike other harmonic patterns, the trades are entered as follows:
Entry is at 88.6% of OX leg (19.5k) with stops coming in below point C (18.3k or 19.5k, so lets say 18.1k)
Targets can be 61.8% of BC (This would be around 22,222 if 1.618 reaches and 22.7k if only the 0.886 reaches)
Time for the YEN to strengthen? 🤔The CADJPY pair seems to be ending a previous bullish trend to have a correction that would lead to a strengthening of the YAN and as expected, a weak CAD. It can be a swing trade if the analysis is given as expected.
Long on Gold AB=CD patternGold has formed a AB=CD pattern on Weekly timeframe
First Target - 1730
Second target - 1760
Third Target 1780
Stop loss- 1680
PS : Please trade considering your financial risks.
