Time Frame: 4H Symbol: GBPUSD Bias: Neutral The current momentum and volatility do not reveal any promise for the short term future. Our goal is to wait and observe for a better high probability set up.
Analysis of #USDCAD The USDCAD might continue to the downside as Oil keeps on claiming, it is expected the CAD will gain more strength. you can see on the chart we have a beautiful bullish harmonic Cypher pattern that might complete the D leg completion near the 1.2600 number, however, if you choose to get in at the first entry you are going to have a big...
Time Frame: 4H Symbol: EURUSD Bias: Neutral This instrument is also not in a strong position to run for a high probability opportunity. We do not see any directional bias in up or down side. So our major bias is neutral.
Time Frame: 4H Symbol: XAUUSD Bias: Neutral Gold is now in a zigzag mode and it does not show any promise for directional bias. So we remain neutral. We have to wait and observe till we get a high probability opportunity.
Time Frame: 4H Symbol: USDCHF Bias: Neutral If we look at the short term spectrum of this instrument ,we see an obvious trend that the pair is in a great dilemma . It is in pressure from either side. SO our bias remains neutral for this one.
CHFJPY SELL @132.950 TP1 @132.750 TP2 @132.450 TP3 @131.950 SL @133.500 Note:- Use exact Entry or below this level. Trade in sell Stop only.
After the failed gartley with AB=CD pattern, we can see too things the market would do: bullish because of a flag pattern (or channel, depending if you see it as geometry or harmonic theory) or bearish because of an ideal AB=CD pattern as 0.786 : 1.27. I recommend to wait for signals when it approaches to a zone marked. In that case, bearish possibility at 101.681...
Hy dear Members. Hope you all are enjoying our ideas and analysis. Now we are here to discuss about XAUUSD. XAUUSD is making symmetrical triangle Pattern in H4. We are waiting for breakout. If it breaks to uper side we can see price at 1890. And if it breaks to downside we can see price at 1800. We will wait for further confirmation. Keep in touch we will update...
Time Frame: 4H Symbol: JPYUSD Bias: Neutral We do not see any strong bias in any direction for this instrument. We have to wait for a suitable high probability entry.
Time Frame: 4H Symbol: GBPUSD Bias: Neutral The chart of this instrument is showing a neutral position. Currently there is a lethargic motion visible which does not allow us to define any definite conclusion.
Time Frame: 4H Symbol: EURUSD Entry: 1.07776 TP: 1.10736 SL: 1.05557 Bias: Long Currently the price pattern is revealing a bullish pattern. Though the trend is a bit bullish ,considering the volatility and momentum, our analysis shows a mediocre bullish signal.
Time Frame: 4H Symbol: XAUUSD Bias: Neutral Gold is not showing any significant directional bias recently . A noticeable trend is neutral as we do not see any possibility of significant change . To find a high probability set up, we have to wait for more time .
Time Frame: 4H Symbol: USDCHF Bias: Neutral The price pattern of this instrument is showing a neutral position because of the temporary equilibrium between dollar and swiss franc. An obvious change will be noticeable if dollar gets stronger or weaker . But to see that we have to wait a few days.
I think I would take definitely the sell if it gives me the retest and show me bearish candlesticks. There's an M pattern that in theory is developing. In case it doesn't retest and go bearish from this point, I could have a bullish opportunity because of the bat pattern. So we have different scenarios: 1. If it gives the retest at 1.50236, we can take a bearish...
After a bullish market, I think we can have a bearish position right in the pullback. We have a harmonic set-up. There's a PRZ as a shark pattern entry 1 at the 0.886 that coincides with the 1.618 of the BC projection. If we look at the market where it is now at lower frames we can see an AB=CD pattern with 0.50 retracement and 2.00 projection exactly at the zone...
There's a gartley pattern spotted on CADJPY with an AB=CD pattern at the exact point where there's the 0.618 fibonacci retracement. I think this is a highly harmonic set-up because of so many ratios in one zone. The AB=CD pattern is almost ideal. I think it's a good opportunity to go short. Do you have any ohter ideas? Let me know on the comments. Note: I've...
Hy dear Members. Hope you all are enjoying our ideas and analysis. Now we are here to discuss about USOIL. USOIL is exactly Moving according our analysis. Here this is getting a resistance. But it has Maximum chances that it will break this level. And we can see price at 125 to 130. When market will open we will update further with Proper Chart TP and SL.
Hy dear Members. Hope you all are enjoying our ideas and analysis. Now we are here to discuss about US30. US30 Is exactly Moving according our analysis. As we discussed. Now this exact on the way to our main Target price level 33250. That is a strong resistance level. After that it will decide where it will move. Keep in touch we will update further soon.