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Trend Analysis: AUDCHF is currently exhibiting a Bullish trendline on the 4-hour time frame, indicating a favorable upward trajectory in the market sentiment. Additionally, the currency pair adheres to Dow Theory principles, further reinforcing the bullish bias. Fibonacci Retracement: A retracement to the 0.786 Fibonacci level has been observed, signaling a...

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SAND/USDT has exhibited a notable XABCD harmonic pattern formation, coinciding with a pivotal support level. This suggests a potential bullish reversal from point D, indicating favorable trading opportunities for discerning investors. Harmonic Pattern Analysis: The XABCD harmonic pattern observed in SAND/USDT signals a systematic price structure characterized...

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Overview: AUD/CAD completed XABCD harmonic pattern, finding strong rejection at point D (0.87200). Price now re-testing key support, suggesting bullish potential. Entry: Consider entry at current price 0.88160 to align with anticipated bullish sentiment. Risk Management: Place stop-loss at 0.87200 to mitigate downside risk. Profit Targets: TP-1:...

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Overview: FILUSDT has recently completed the formation of an XABCD harmonic pattern, signaling a potential reversal in the price trend. This pattern has emerged at a key support area, suggesting a strong foundation for a bullish move. Entry Point: We recommend considering entry near 8.540. This level aligns with the completion of the harmonic pattern at point...

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Overview: ETC/USDT has exhibited the formation of an XABCD harmonic pattern, coinciding with price action nearing a crucial support zone. This confluence suggests a potential bullish reversal from point D, indicating favorable trading opportunities for market participants. Key Technical Observations: 1. XABCD Harmonic Pattern: The chart analysis reveals the...

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Overview: LTC/USDT has exhibited the formation of an XABCD harmonic pattern, coinciding with price action reaching a critical support level. This convergence suggests a potential bullish reversal from point D, presenting a favorable opportunity for traders to capitalize on the anticipated upward movement. Entry Strategy: We recommend entering a long position...

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Introduction: CAD/CHF has recently formed an Anti-Butterfly XABCD harmonic pattern, indicating a potential bullish reversal. This technical analysis aims to provide insights into potential entry and exit points for traders interested in capitalizing on this pattern. Pattern Formation: The Anti-Butterfly XABCD pattern on CAD/CHF suggests a reversal in the...

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UADUSD is showing a strong Bearish move after CPI data. AUDUSD has broken a strong support area near 0.66000. Also, it have broken a strong trendline. We are expecting a Re-Test at 0.66000 and then a Bearish Trend Continuation.

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Assumptions: - EUR/CHF is observed to be adhering to a robust trendline channel, indicating a clear directional bias in the market. - Entry is suggested at the prevailing price of 0.97560. - Stop Loss is recommended to be placed near 0.96960 to mitigate potential downside risk. - Take Profit levels are set at TP-1: 0.98150 and TP-2: 0.98760. Analysis: EUR/CHF...

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Technical Analysis Report: Gold (XAU/USD) Current Price: $2260 Entry: Long at current price Stop Loss: Near $2280 Take Profit 1 (TP-1): $2250 Take Profit 2 (TP-2): $2240 Analysis: Gold is exhibiting a robust adherence to a well-defined trendline channel, indicating a clear directional bias. The current price of $2260 offers an opportune...

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Overview: AUDNZD has exhibited a notable rejection at a significant resistance zone, confluently aligning with the 4-hour trendline. This presents a compelling opportunity for a potential short-trade setup. Entry Point: Considering the observed rejection and alignment with the 4-hour trendline, an entry point at 1.09150 is recommended. This level reflects a...

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Harmonic Pattern Formation: XABCD Gartley pattern observed. Notable rejection at point D (98.200). Key Support and Trendline Analysis: Rejection at 4-hour Bullish Trendline. Re-testing key support area post Bearish Trendline breakout. Bullish Divergence: Observed on the 1-hour timeframe Indicates potential bullish momentum. Trade Recommendation: Entry:...

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Key Support Level Analysis: GBP/JPY currently finds itself positioned at a crucial support level, indicating a potential opportunity for upward movement in the market. This support level, identified at 190.400, has historically demonstrated a significant influence on price action. Entry Strategy: Traders looking to capitalize on the anticipated upward...

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Resistance Level: NZD/USD faces a crucial resistance level, signaling a possible reversal. Harmonic Pattern: The formation of the XABCD harmonic pattern reinforces bearish sentiment. Anticipated Movement: A downward trajectory is expected, indicating a shift from bullish to bearish. Entry Strategy: Short position suggested upon breach of 4-hour lower...

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Key Support and Trendline Confluence: NTX/USDT currently finds itself situated at a critical support juncture, coinciding with the 4-hour trendline. This confluence underscores a pivotal area for potential market reversal or continuation. Bullish Confirmation Entry Traders eyeing long positions may consider entering upon bullish confirmation at the retest of...

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Overview: NEO/USD is currently forming a wedge pattern, indicating a potential breakout opportunity. This pattern suggests a period of consolidation and uncertainty in the market. Breakout Potential: A breakout from the wedge pattern could signal significant price movements. Traders should watch for confirmation through increased volume and decisive price...

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Key Support Area Analysis: SAND/USD is currently positioned at a critical support level, historically significant as a former resistance zone. This level also coincides with the 4-hour trendline, reinforcing its importance in our analysis. Bullish Outlook: Considering the convergence of support factors, our analysis suggests a bullish bias for SAND/USD from...

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Key Support Area and Harmonic Pattern Formation: XRP/USDT is currently hovering around a crucial support zone, bolstered by the formation of an XABCD harmonic pattern. This pattern, coupled with the significant support level, suggests a potential reversal in the near term. Additionally, this area coincides with the 4-hour trendline, adding further confluence to...