Hello and welcome to this analysis VEDL has given a Bullish Harmonic Sea Horse breakout indicating a target near 415-425 with a stop loss at 255. It could be accumulated between 325-285 with a stop loss at 255. Medium term bullish structure with a good risk reward set up Happy Investing
Just a update on BCH, We did have a nice move up and attempted to brute force that KEY area, but the Bears weren't having it and we took a shot down... Although, BCH is about to VALIDATE that last low and really start to dig its feet in and start pushing possibly. Both Indicators are showing at Hidden Bullish Divergence at the pattern completion zone @ the 886,...
$DOT has formed a nice broadening wedge at the 886 range from the last swing high to swing row and is now trying to establish/validate a new local higher low above $6.76 at the $7 range. The MACD and RSI has printed hidden bullish divergence on both oscillator's indicating that momentum is started to build back up to possibly break through the top of the wedge and...
Time Frame: 4H Symbol: XAUUSD Bias: Neutral We are neutrally positioned for this instrument. As we do not see or predict any strong move, we better go neutral for the time being.
Time Frame: 4H Symbol: USDCHF Bias: Neutral The price of dollar is rising from last few months steadily and has created a strong bullish bias and established itself as a strong counterpart of many currencies . However, for day traders we do not find any suitable trading opportunity.
This pair has been held captive by the bears, plummeting the currency value since early 2021. A bullish ab=cd is in midst of the bears target. Will the bears be triumphed by their rivals the Bulls, or will they take a breather before devouring any Bulls along their way?
Time Frame: 4H Symbol: JPYUSD Entry: 0.007041 TP: 0.006899 SL: 0.007150 Bias: Short The current price pattern is displaying a bearish bias and we can expect a selling opportunity.
Time Frame: 4H Symbol: GBPUSD Entry: 1.17305 TP: 1.19359 SL: 1.15847 Bias: Long We are bullish for this pair considering the current price structure and trend strength.
Time Frame: 4H Symbol: EURUSD Entry: 1.01823 TP: 1.00106 SL: 1.03067 Bias: Short Planning a short entry for this pair considering the current price level and tendency for a bearish drive.
Time Frame: 4H Symbol: XAUUSD Entry: 1729.702 TP: 1700.869 SL: 1752.641 Bias: Short For gold our priority is for availing a selling opportunity. The current price level is not yet strong enough to jump upward with enough momentum to drive the level to a profit area and therefore our bias remains bearish.
Time Frame: 4H Symbol: USDCHF Entry: 0.95068 TP: 0.93392 SL: 0.96217 Bias: Short The trend strength of this instrument is more inclined to selling opportunity and so we need to focus on bearish side.
Pair: AUDCAD Timeframe: 1H , 4H Analysis: Round number level, trend line, volume profile, support and resistance, descending triangle pattern ————— Key Takeaway: Alot of bullish momentum for AUD as it is altogether, we are at a critical level of reaction at the moment by the top of our descending triangle. We are looking for a close above this level on the 4H...
Time Frame: 4H Symbol: JPYUSD Bias: Neutral We do not have any strong bias here. We stay therefore neutral.
Time Frame: 4H Symbol: GBPUSD Entry: 1.16997 TP: 1.18739 SL: 1.15550 Bias: Long The obvious trend is in favor of bullish side and therefore our plan is to capitalize from a long opportunity.
Time Frame: 4H Symbol: EURUSD Entry: 1.01545 TP: 1.02956 SL: 1.00500 Bias: Long Our plan is to run for a long opportunity from the current price context.
Time Frame: 4H Symbol: XAUUSD Entry: 1734.109 TP: 1764.726 SL: 1709.714 Bias: Long We plan a buy trade for this pair . We think the current bullish bias will sustain and result in a long opportunity.
Time Frame: 4H Symbol: USDCHF Entry: 0.95344 TP: 0.93649 SL: 0.96505 Bias: Short The core trend structure of this instrument is insinuating a strong bearish bias and therefore we are searching after a selling opportunity.
Just used lower timeframe bearish harmonics mixed with higher timeframe fibonacci crossovers and noticed a pathway higher timeframes are VERY likely to go: 19,800 -> Between 21k and 21.5k Between 21k and 21.5k -> 20k Laddering shorts at 21k and 21.2k after closing LONG and expecting a max of 21.5k then after we will see but probably up after that. 20k should hold