JPYUSD NeutralTime Frame: 4H
Symbol: JPYUSD
Bias: Neutral
We are still following the beaten track . There is no return from the current market structure as long as the dollar strength can be checked. If dollar fails to maintain its current position, JPY may get some advantage but there is no hope for the time being.
Harmonictraders
USDCHF LongTime Frame: 4H
Symbol: USDCHF
Entry: 0.98401
TP: 1.00978
SL: 0.96565
Bias: Long
The pair rallied upto 3% or above for the last eight weeks and still it is on the same side. In spite of being RSI at oversold territory, the bullish mood is still predominant and we are looking for a long opportunity.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.25104
TP: 1.21143
SL: 1.28042
Bias: Short
As is the case with EURUSD, so is the fate of GBPUSD. There is no return from the current bearish pressure as long as a stable environment in the financial market returns from the unrestricted participation from all sectors. Due to current political and economical perspective, the pair will remain under pressure though sentiment is bullish , the bull will not find big ground until more stability returns in the market. Our bias is bearish .
EURUSD ShortTime Frame: 4H
Symbol: EURUSD
Entry: 1.05310
TP: 1.01362
SL: 1.08093
Bias: Short
A deep analysis of sentiments of traders for EURUSD shows that 80% of the traders are bullish but the problem is the pair has created a stairway to chasm of no return . In spite of all fundamental factors or even market sentiments, the situation can be made worse by the NFP and Fed intervention. Though there is a ray of hope for upward move but the downward move will be heavy and it will take the pair to a new level. So, we are bearish.
Potential Long Bullish Bat APF H1 TFPotential Long Bullish Bat APF H1 TF
HTF D1 showing us temporary retracement,lets see if the trend continue
Forming Bat pattern in LTF H1 is good entry but we must wait for confirmation
reminders:Trade @ your own risk
LTF - Lower Time Frame
HTF - Higher Time Frame
TF - Time Frame
TRS - Trend Reversal Strategy
CRT - Counter-Retail Technique / Break-out
APF - Advance Pattern Formation
W4C - Waiting for Confirmation
LLCC - Lower low, lower close
HHHC - Higher high, higher close
SL - Stop loss
TP - Target Profit
POR - Point of Ruin
RRR - Risk Reward Ratio
Risk Disclaimer: This is not a trade signal hence we'll not be held responsible for any losses that will occur in your account during trading. You and you alone are responsible for deciding if you are comfortable accepting the potential risk involved in trading. So trade at your own risk and do not invest money you cannot afford to loss..
SLP butterfly pattern can drop price more#SLP/USDT
$SLP broke down from support zone and need to confirm it as support, also it shaped butterfly pattern.
🐻 price can drop more to support zone between $0.011 and $0.009.
🐻🐻 break down from support zone can drop price more to $0.003 to complete Butterfly pattern.
🐮 holding the support zone of $0.009 and break out from resistance zone around $0.018 will invalid the butterfly pattern.
Long Gartley Pattern GBPNZD 4HGartley pattern formed this week and got triggered in this afternoon
Previous level of resistance likely to act as support before GBP moves higher.
Entry at: 1.92124
Stop loss at: 1.90807
Target 1 at: 1.93080
Target 2 at: 1.93728
Targets will be moved to account for extension of D leg
Cypher Harmonic on BTCWhat you see here is a Cypher Harmonic on the BTC chart. Trade should be on the .786 of X-A ( ~ 42.8k ).
Confluence for a short entry:
- Previously value area low (VAL) on the previously consolidation.
- .786 (X-A)
- 1.414 (B-C)
- Untapped Daily level
- Gann Fibonacci Fan
Target: 37.7k untouched daily level.
Take profits on ~ 41k and 39.8k.
Stoploss on validation on around ~ 44k. Reason for this is the Cypher pattern is not validated when it reach above the .786 of X-A.
Risk/reward ratio: 1 on 4.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.27337
TP: 1.24278
SL: 1.29122
Bias: Short
For this instrument we can explicitly say that the trend is bearish as we do not see any short time recovery from the current situation. GBPUSD is under bearish pressure and it will continue as a lack of necessary stimulant to fight the dollar back.