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.
Harmonictraders
NATURAL GAS - BAT PATTERN IN MAKINGNATURAL GAS is printing a bullish bat pattern. It is still in early stage as point C has defined its place. Pattern will complete at point D which is projected at 4.
The price has already been rejected at the key resistance on the daily chart, and RSI is headed downwards. There has also been a continuous decrease in volume from the first time the price tested the key resistance.
This may confirm that the price doesn’t have enough momentum to break through the resistance and is now set for a correction. There are a lot of contributing factors pointing to a bearish scenario for natural gas. Although the price might be bearish, watch out for relief pumps, especially on the support levels.
What do you think of the idea?
A chance to short GBPUSD The USD has been weakening significantly and there is a chance now to buy it.
We are choosing GBPUSD to sell at 1.2175 with a 40 pip stop loss.
It is overbought on H1, M30, M15.
The H4 trend is up, so we will look to take money quickly with maybe a 40 - 70 pip profit.
Week07 - GBPCHF | Gartley Bearish Chart PatternGartley Bearish pattern is to formed on point D and now the trend is reverse currency pair GBPCHF.
JPYUSD ShortTime Frame: 4H
Symbol: JPYUSD
Entry: 0.007371
TP: 0.007304
SL: 0.007429
Bias: Short
The current price level denotes a short opportunity as we see the short term price moves are repeatedly obstructed by the bearish moves.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.21199
TP: 1.20083
SL: 1.22354
Bias: Short
The current price direction is gradually going upward and creating some bullish expectation but the predominant trend is bearish and therefore we are going for a short opportunity.
EURUSD ShortTime Frame: 4H
Symbol: EURUSD
Entry: 1.01364
TP: 1.00154
SL: 1.02306
Bias: Short
The current price pattern is demonstrating a bearish bias. The recent price actions reveal that the overall bearish sentiment outweigh the bullish sentiment and therefore a sell signal is more significant in this spectrum.
XAUUSD ShortTime Frame: 4H
Symbol: XAUUSD
Entry: 1741.138
TP: 1713.459
SL: 1765.268
Bias: Short
The trend of this pair is suggesting a bearish sentiment. The current course of action for this pair is showing a selling opportunity.
USDCHF ShortTime Frame: 4H
Symbol: USDCHF
Entry: 0.96317
TP: 0.95339
SL: 0.97169
Bias: Short
The level of price is slowly dropping and creating a bearish trend. The recent price fluctuations are insinuating a selling opportunity.
JPYUSD ShortTime Frame: 4H
Symbol: JPYUSD
Entry: 0.007308
TP: 0.007228
SL: 0.007362
Bias: Short
The current price level will drop further and create a new selling opportunity. The strength of the signal is not very strong .Without strong momentum the price expectation may not be fulfilled.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.19740
TP: 1.17978
SL: 1.21158
Bias: Short
The current price pattern of this pair is offering a selling opportunity. The bear side is a stronger than bullish side.
EURUSD ShortTime Frame: 4H
Symbol: EURUSD
Entry: 1.01194
TP: 0.99102
SL: 1.02689
Bias: Short
The pair is going to cross the lower bounds of dynamic support level. We are interested in a high provability selling opportunity.
XAUUSD NeutralTime Frame: 4H
Symbol: XAUUSD
Bias: Neutral
We do not see any directional bias for this pair for the time being. We have to wait until next week before getting anything significant.
USDCHF ShortTime Frame: 4H
Symbol: USDCHF
Entry: 0.96740
TP: 0.95202
SL: 0.97634
Bias: Short
The dynamic resistance of the instrument is creating a selling opportunity. We are interested in bearish bias.
Multiple bullish scriptsRAIN INDUSTRIES - Confluence of harmonics and waves.
168.60 seems to a target at point D.
Keep SL as Point B
CENTURY PLY - Bearish harmonic bat.
One can go long with a SL of today's low.
Target = 643.85
GMDC - Smoothed Rounding bottom formation
One can go long with a SL of 50 ema.
Week07 - ALGOUSD | ABCD Chart PatternsAB=CD pattern is formed on crypto pair ALGOUSD 1hr frame and now the trend moving towards point D at bottom and from there trend will be reversed.
Week07 - RSRUSDT | Bullish ABCD Chart PatternsBullish AB=CD pattern is formed on crypto pair RSRUSDT 1hr fame and now the trend is reverse after forming point D at bottom.
JPYUSD ShortTime Frame: 4H
Symbol: JPYUSD
Entry: 0.007318
TP: 0.007243
SL: 0.007380
Bias: Short
For this instrument our bias is short. The current price pattern suggests a bearish bias which can be converted into a selling opportunity.
GBPUSD LongTime Frame: 4H
Symbol: GBPUSD
Entry: 1.20885
TP: 1.22341
SL: 1.19759
Bias: Long
We are in a bullish bias for the instrument. Our directional bias is supported by short term bullish trend. We can anticipate a short trade from the current price context.
EURUSD ShortTime Frame: 4H
Symbol: EURUSD
Entry: 1.02396
TP: 1.00898
SL: 1.03703
Bias: Short
For this instrument our bias is short . We expect a short term selling opportunity from the current price context.
XAUUSD ShortTime Frame: 4H
Symbol: XAUUSD
Entry: 1728.770
TP: 1691.990
SL: 1753.811
Bias: Short
For gold our bias is short today. There is a potential for price drop from the current level of gold. We can expect a sell trade from the current market sentiment.
USDCHF ShortTime Frame: 4H
Symbol: USDCHF
Entry: 0.96518
TP: 0.95351
SL: 0.97401
Bias: Short
The current price pattern of this instrument is revealing a bearish opportunity. Considering the dynamic resistance we can go for a short trade.
Week07 - EURAUD | Bearish Bat Chart PatternBearish Bat pattern is about to formed as point C didn't break last lower low and now its bullish towards the point D on currency pair EURAUD.
