Thoughts on EURUSD (Bearish possibility at 1.0608)Although I wouldn't trade this set-up because of the harmonic pattern, I find that zone as a good resistance. When the price gets to that zone, check for short position opportunities at lower time frames. I still think the EURUSD pair is too consolidated to trade at the moment. Check for 1.06080 price.
Harmonicforex
USDCHF LongTime Frame: 4H
Symbol: USDCHF
Entry: 0.99487
TP: 1.02910
SL: 0.97128
Bias: Long
The trend of USDCHF is bullish. There may be some swing spots where the price will try to establish equilibrium between extremes but at the end of the day the trend is bullish and therefore it is better to look for a buying opportunity.
XAUUSD ShortTime Frame: 4H
Symbol: XAUUSD
Entry: 1862.945
TP: 1781.341
SL: 1929.285
Bias: Short
For this instrument our technical ,fundamental and sentiment analysis show that the pair will go down before moving up . So our projection is for the bearish opportunities and thereby we are to look for a short opportunity.
USDCHF LongTime Frame: 4H
Symbol: USDCHF
Entry: 0.99512
TP: 1.02402
SL: 0.97280
Bias: Long
We are bullish for USDCHF . As we see the pair is consistently outperforming its previous records, there should be a limit to its upward projections. However, our expectation is still bullish and we are looking for a new long opportunity.
PRZ as bat pattern at CADJPYAfter a flag pattern and the big sell taken yesterday with a 100 pips profits, the price is almost to a support found around 99.400. I'm expecting a long position at that price, but I need price action reaction on that zone that confirms to be a support. If traded, target would be 100.600.
EURJPY > Strong Bearish Bat Might Come Soon!!Analysis of #EURJPY
Another beautiful harmonic bat pattern similar to my analysis on EURCAD also might complete the D leg near a strong structure resistance level which will make a good level for a short entry.
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