Harmonictraders
XAUUSD ShortTime Frame: 4H
Symbol: XAUUSD
Entry: 1763.698
TP: 1725.868
SL: 1792.235
Bias: Short
Our bias is bearish for this pair. After studying the price pattern and the dynamic support and resistance our conviction is stronger in favor of bearish bias. We had better look for shorting opportunity.
ROSE/USDT with a chance of +200% GainConsidering the market conditions and the situation in which the ROSE symbol is located, a short-term upward trend can be expected from it with a +200% Gain in the near future.
In the larger view, this symbol completes an ABC harmonic pattern, which in wave C is a 5-wave trend coming to an end. With the break of the trend line and the confirmation of the break of the RSI trend line, you can enter a buy position for higher goals by observing the capital management and limit.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.21050
TP: 1.18540
SL: 1.22880
Bias: Short
The dynamic support and resistance of this pair is demonstrating a bearish bias. The oscillations and momentum study show that the pair is yet to wait for a big move but we can expect a short term price drop.