Rajomatic

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We can see a typical Triangle breakout and retest happening. Looking for a massive push to the upside.

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We can see a breakout of the upper trendline, now gold is currently retesting and accumulating orders/positions to go higher, most likely to surpass previous highs.

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Watching for the break and retest on either side.

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One may be able to scalp with proper risk management. Have a great week and remember to take some time of from the charts once in a while.

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Just following the trendline as price consolidated a whole day, not showing any signs of going lower.

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Following an impulsive move upwards, and now we are in a bit of a corrective structure or consolidation, if you will, we might retest the trendline before continuing to the upside where the previous weekly high was.

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This is part 2 of the pound/dollar analysis. As we stretch thin towards the upside for days, a pullback is most certainly likely to happen, possibly this week as we have finally reached the weekly trendline guiding the price's journey thus far.

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Could the first sign of a corrective move already have happened? I mean we did end bearish last week, did we not?

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Part 2 of the aussie/kiwi analysis.

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Hope you guys having a great day. Notes included on chart analysis. I will be uploading a weekly view as well to give more perspective so you guys can check that out too.

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What should we expect next? Following the game of Probabilities and Possibilities, there is the very likely probability of price going lower, at least to end of the parallel channel. While the possibility of price heading higher afterwards, although just my bias, but it's likely we may head higher over the coming weeks. We're still in an uptrend after all, don't...

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A very likely scenario if we take into consideration that price broke the parallel channel to the downside for the second time now, but this time the probability of the downtrend continuing is very likely.

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Lots of back-testing to do. But we may get a decent drop in price between prices 2000 and 2100 as with the past price action, price fell soon after the particular pattern was formed. I'm not one to start picking tops and bottoms but just a thought. Great hunting this week everyone, looking forward to another round next week :)

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Have fund with the breakout when it happens.

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As price momentum slows, we are just waiting for the break.

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We have ourselves a break of downtrend structure and a possible change in market direction. I've made the careful attempt to mark out the possible support and resistance structures surrounding price and I'm looking to go long a little further up, at least into the previous consolidation area. Price may continue to the weekly highs but I will not chance it nor do I...

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We have an opportunity to either go long or short depending on your patience. We have a major resistance at the top, so why do persons think that price wouldn't go for it. Once price reaches, we should see a sharp drop to balance the channel. I've marked out a trendline within the parallel channel as well (an inner-trendline if you will). If price breaks it, we...

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We have a clear break of both the trendline and the resistance area. Price should go back to retest the support structure and that's when we get a solid position in. Let's see if anything changes in the coming session.