Hy team we are here to update about GBPUSD. GBPUSD is making rising Wedge Pattern. Here it has maximum Chances after this Breakout we can see a good drop in price. At this Breakout we can see drop in price about 500Pips+ When market will open we will update further with Proper Chart TP and SL.
The bearish setup on EURUSD is looking promising as price action reveals a potential trend reversal. A harmonic pattern, specifically the completion of the leg CD of a bearish bat pattern, indicates a high probability of a downward move. Moreover, a bearish engulfing candlestick pattern formed recently, reflecting increased selling pressure. Adding to the bearish...
BINANCE:BTCUSDT Wave 2 onset and Harmonic Pattern It appears that both patterns are likely to emerge soon. Please be cautious. However, if the price can go back above 32K, we may witness a strong reversal.
Hello and welcome to this analysis In the weekly time frame it is showing a strong reversal with the activation of a Bullish Harmonic 5-0 pattern. It could do a rally till 19750 and above that till 23000 as long as it does not break 18750 Good risk reward set up in the current scenario
In a few hours we will know if FOMC decides to raise interest rates by 25bp or if there will be a pause in monetary policy. Having said that, if we look at 1H chart we still have the same technical structure (see analysis below), which is still valid at the moment. With this in mind it would be great if TVC:GOLD triggered a swing as shown on chart (first bearish...
According to the formation of the reversal pattern, the probability of falling will go according to the mentioned entry point and the set target
GBP/USD Retreats from Highs, Holding Ground Below 1.2600 Level in Early European Trading GBP/USD, after reaching its highest level since May 10 near 1.2570 earlier on Friday, is currently struggling to gain upward momentum and has entered a consolidation phase during the European trading hours. The pair has edged lower, defending minor bids below the 1.2600...
The price correction of the Elliott Pattern is being completed. It is attractive for long-term investment.
Time Frame: 4H Symbol: GBPUSD Entry: 1.24596 TP:1.25504 SL: 1.24060 Bias: Long We are bullish for this instrument . The ongoing cost design show a medium strength bullish example. Taking into account the transient help and obstruction, we are going for a long trade.
MEXC:ANKRUSDT.P Do not miss out! With the power of price action signal, we can use bullish harmonic pattern + libra. Good Luck Everyone.
As price breaks another LL and forms another LH, GU continues to descend. I reckon this ab=cd pattern could yield some significant support for price to change character and do some corrections. If not, I reckon a shot towards the next LQP 1.22500 could yield this change of character instead.
Time Frame: 4H Symbol: ADAUSDT Entry: 0.3828 TP: 0.3926 SL: 0.3755 Bias: Long We are arranging a long exchange from the ongoing cost setting. The pair is moving vertical gradually setting out bullish open doors at various price tags.
BITGET:AUDIOUSDT.P As drew in the chart, Two harmonic crossing at libra level. Actually the first reaction is done but recheck or fib corrections may give a chance to open position by taking into account the price action signals. May the force be with you. Good Luck!
The previous week we sold NZDJPY and earned almost 200 pips. There is a similar setup here today. 1) H4 has been overbought once and it has gone overbought again. 2) There is really good H1 divergence (10 points) 3) We are the weekly high 4) There is a H1 sell pattern 5) There is a M15 sell pattern. Hoping for at least 100 pips on this.
Simple bearish setup on the FX:NZDCAD pair, from the technical point of view, the formation of a harmonic structure on hourly chart is possible. This setup has high risk of failure but at the same time we have a good Risk/Return ratio. Trade with care! 🚀 Like if my analysis is useful. Cheers!
Will the harmonics play its role in CHFJPY ? CHFJPY has completed the XABCD harmonic pattern and now its projection is due.
USDCAD is in harmonic cage. Will harmonics play its role and reverse its trajectory?
Potential Bullish Entry Dow Theory In Place - Higher High and Higher Low Expected in Place Formation of Harmonic Bullish reversal Pattern coupled with bullish divergence at potential reversal zone (PZR) Entry, SL & TP Levels are defined.