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GBP/CHF's recent bullish momentum can be attributed to a breakout from a falling wedge pattern, a classic technical indicator signaling a potential trend reversal. Traders entered positions strategically post-breakout, aligning with key levels to capitalize on the upward movement. This pattern suggests a shift in sentiment, potentially fueling further upside in...

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In the USD/CHF 4-hour timeframe, a bearish trend is emerging as the price completes a 38% retracement following a breakout from a rising wedge pattern. The subsequent formation of an ABC pattern suggests further downside potential. Traders may anticipate continued bearish momentum as the market adheres to this technical structure.

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Gold is following an ascending channel pattern, subdivided into 5 waves with 3 waves each. Wave 3's peak suggests the initiation of wave 4, anticipated to be an ABC correction targeting Fibonacci levels. Interested traders should monitor for pullbacks and consider entry with stops placed above recent highs for risk management.

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After a significant 80+ pips downward movement post-choch, AUDUSD seems to be adhering to Elliott Wave principles, completing its 3rd wave. As it enters the 4th wave, a 50% retracement is completed, coinciding with a touch on the ascending trendline. With buying block orders activated, AUDUSD is likely to shift towards a bullish trajectory.

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In the 1-hour timeframe, gold appears to be exhibiting a bearish trend, as indicated by a descending channel pattern and the development of an Elliott Wave ABC pattern. The descending channel suggests consistent downward pressure, while the ABC pattern typically signifies a corrective phase within a larger downtrend. Traders may consider short-term selling...

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In the 4-hour timeframe, USOIL exhibits a bullish trajectory, marked by an ascending channel formation and the emergence of a bullish flag pattern. An optimal strategy would be to wait for a completion of at least 50% retracement before considering entry, ensuring a more favorable risk-reward ratio. Monitoring key support and resistance levels within this pattern...

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In the 4-hour timeframe, USD/CAD is exhibiting a bullish trend following a breakout from a falling wedge pattern. This breakout typically suggests a reversal of the prior downward momentum. Traders may anticipate further upward movement in the pair, potentially targeting resistance levels as the bullish sentiment strengthens. However, it's prudent to monitor for...

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In CHFJPY, the daily timeframe reveals a bearish trend, characterized by an ascending channel and a rising wedge pattern. With the price reaching a new high level, there's a strong indication of potential downside movement ahead. Traders may anticipate a reversal or correction as the price action suggests exhaustion within this pattern.

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Based on the daily timeframe, GBP/USD appears to be exhibiting a bearish trend as indicated by a shift in market structure (ChoCh) and adherence to Elliott Wave theory with a completed 12345 pattern. The recent touch of the descending trendline coupled with the completion of the 4th wave suggests potential downward movement. With selling orders likely to be...

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In the 4-hour timeframe, GBPCAD exhibits a bullish trend. To maximize entry precision, consider waiting for a retracement of around 50% to a key order block level before buying. This strategy can enhance the probability of capturing favorable price movements within the overall upward trajectory.

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Gold price is currently showing a technical move down in the short term, likely following an Elliott Wave pattern ABC in the 4-hour timeframe. Once the C point completes within the buying zone level, we can expect a potential upward movement in the gold price for the long term. This pattern suggests a temporary correction before a potential bullish continuation in...

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In the 4-hour timeframe, EUR/USD appears to be exhibiting a bearish trend as it tracks within a descending channel pattern. This pattern suggests that sellers are exerting control over the market, leading to lower highs and lower lows. Traders may look for opportunities to enter short positions, targeting potential support levels within the channel. However, it's...

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In the 4-hour timeframe, GBPAUD exhibits a bearish trend within a descending channel, currently touching the resistance trendline. Having completed Elliott's 4th wave, anticipation leans towards a downward movement. Observing price action signals will be crucial for confirmation and potential entry points in alignment with the bearish bias.

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Gold prices are poised for a technical bullish rally on the daily timeframe, supported by Elliott Wave analysis indicating a 12345 pattern. This follows a 50% retracement and completion of the fourth wave, accompanied by bullish price action. Furthermore, bullish fundamentals are reinforced by escalating geopolitical tensions, such as Iran's retaliatory drone...

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In the 1-hour timeframe, gold is exhibiting a bullish trend following a breakout to new highs, followed by a successful retest. Now, market participants anticipate further bullish price action, signaling potential strength in the precious metal's market sentiment. Traders may look for confirmation through sustained upward momentum and bullish patterns to...

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Gold appears to be exhibiting bullish momentum in the 1-hour timeframe following a breakout above its previous high. Entering the market after a 38% correction completion and witnessing bullish price action suggests potential for further upward movement. Traders may consider monitoring this trend for potential buying opportunities with caution.

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In the 4-hour timeframe, USD/CAD exhibits a bullish trend, tracking within an ascending channel formation. Favorable entry points include buying after a breakout above resistance levels or upon bullish rejection near support levels. This strategy aligns with the upward momentum observed in the pair, potentially offering profitable trading opportunities.

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EURGBP pair has experienced a bullish trend in the 4-hour timeframe following a breakout above a significant resistance level. The correction phase, completing 50% of the last impulse, suggests strong upward momentum. With the completion of the Elliott 4th wave, the price is now advancing towards the next resistance level, potentially marking the conclusion of the...