Solana - Bearish Harmonic PatternBearish Harmonic Pattern on SOL
Target 1: $27
Target 2: $17
Let's see how this goes.
Harmonictraders
JPYUSD ShortTime Frame: 4H
Symbol: JPYUSD
Entry: 0.007332
TP: 0.007126
SL: 0.007514
Bias: Short
Though the price pattern is showing a low volatile ranging condition, there is a possibility of entering a short opportunity. Our decision is purely guided by historical price action study. So any major fundamental factor can have a massive influence to break out of this zone.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.21623
TP: 1.19132
SL: 1.23783
Bias: Short
Our technical analysis of this pair shows a medium probability set up for a short opportunity. Considering the historical momentum and other driving forces like oscillations and volatility we are planning to go for a sell trade.
EURUSD NeutralTime Frame: 4H
Symbol: EURUSD
Bias: Neutral
There is no explicit trending bias for this instrument. We do not see any significant signal for this pair for the time being.
XAUUSD ShortTime Frame: 4H
Symbol: XAUUSD
Entry: 1828.074
TP: 1792.717
SL: 1855.317
Bias: Short
The gold has a propensity to move downward this week. We do not see any upward price moving possibility ,so our bias to go short outweighs other decisions.
USDCHF ShortTime Frame: 4H
Symbol: USDCHF
Entry: 0.95164
TP: 0.92606
SL: 0.97043
Bias: Short
The price channel of this instrument is showing a strong promise of going bullish but in the short term, the bias is perfectly tuned up for bearish move.
JPYUSD ShortTime Frame: 4H
Symbol: JPYUSD
Entry: 0.007355
TP: 0.007136
SL: 0.007502
Bias: Short
The price is dropping slowly and opening up doors for shorting opportunity. The strength of dollar against yen will prevail and create a new shorting opportunity.
GBPUSD NeutralTime Frame: 4H
Symbol: GBPUSD
Bias: Neutral
We do not see any high probability setup now. The pattern of volatility and momentum does not signify or justify any directional bias.
EURUSD LongTime Frame: 4H
Symbol: EURUSD
Entry: 1.05910
TP: 1.07532
SL: 1.04486
Bias: Long
The instrument is tilting up to a higher price level and we see a probability of rising up from the current price level. Therefore our bias is bullish.
XAUUSD NeutralTime Frame: 4H
Symbol: XAUUSD
Bias: Neutral
We do not see any directional bias at this moment. The price structure is range bound and we have to wait for a better entry signal.
USDCHF ShortTime Frame: 4H
Symbol: USDCHF
Entry: 0.95586
TP: 0.93762
SL: 0.97093
Bias: Short
Currently the price pattern of this instrument is showing a bearish bias and our projection for this is bearish . So we expect a sell opportunity.
JPYUSD ShortTime Frame: 4H
Symbol: JPYUSD
Entry: 0.007388
TP: 0.007181
SL: 0.007578
Bias: Short
For this instrument we are planning short and our bias is supported by the recent study of dynamic price resistance .
XAUUSD LongTime Frame: 4H
Symbol: XAUUSD
Entry: 1835.980
TP: 1871.848
SL: 1809.519
Bias: Long
After a rigorous technical study our bias goes towards long direction. As we see there is a vested potential to go the price level slightly up and therefore we think of going bullish.
JPYUSD ShortTime Frame: 4H
Symbol: JPYUSD
Entry: 0.007394
TP: 0.007180
SL: 0.007591
Bias: Short
We plan a short entry for this instrument. Because of dynamic resistance, there is a greater shorting possibility.
GBPUSD LongTime Frame: 4H
Symbol: GBPUSD
Entry: 1.23122
TP: 1.25356
SL: 1.21115
Bias: Long
For this instrument we are bullish today. The pair is now in a stagnant position and taking a breathe to jump towards bullish direction.
EURUSD NeutralTime Frame: 4H
Symbol: EURUSD
Bias: Neutral
For this instrument our bias is neutral ,we do not see any explicit signal for any strong directional move.
XAUUSD NeutralTime Frame: 4H
Symbol: XAUUSD
Bias: Neutral
For this instrument we do not have any directional bias today. We have to observe volatility and momentum before taking any trade.
USDCHF ShortTime Frame: 4H
Symbol: USDCHF
Entry: 0.95364
TP: 0.92670
SL: 0.97646
Bias: Short
We are bearish today for USDCHF. There is no strong bias for going short or long. But we can run a medium strength trade in sell direction.
JPYUSD NeutralTime Frame: 4H
Symbol: JPYUSD
Bias: Neutral
We are neutral for this instrument. We think the pair needs to wait before jumping to any directional spree.
GBPUSD NeutralTime Frame: 4H
Symbol: GBPUSD
Bias: Neutral
We are neutral for this instrument. We do not see any potential price pressure from any direction that may potentially change the story.
GBPPUSD > Strong Key Level for A Buy!!Analysis of #GBPPUSD
As the market chaos continues we have to be agile and look for opportunities in the volatile market.
on my chart you see I spotted a strong demand zone on the hourly chart where we can look for buys.
if the market fall to test my structure demand zone I will then drop a one-time frame looking for a reversal pattern for a confirmation we are running bullish before committing to a buy entry.
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JPYUSD ShortTime Frame: 4H
Symbol: JPYUSD
Entry: 0.007341
TP: 0.007149
SL: 0.007505
Bias: Short
The price story of this instrument reveals that the pair has an ambience of make the price drop . The price level will drop creating a beautiful shorting opportunity.
