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Technical Analysis

AUDUSD more intraday downside expected before upside rallyThe AUDUSD has completed its Wave Structure to the downside on the daily chart, this makes the Aussie bearish from a Long Term point of view. As we know, after an impulsive wave, we should see a corrective wave that has already started. We are shorting this from an Intraday Short Term basis, looking for a medium-term Buy position from 0.7263 area which corresponds to the -0.618 (T2) of the current 1hr correction that is going on. We will not entertain any short above 0.7310.
Short
by Charts247TradingAcademy
Weekly Market Analysis 29 Aug 2021In this weekly Market analysis video, I identified the Buy Points and Sell Points for the following pairs: BUY PAIRS: EURUSD, NZDUSD, GBPUSD SELL PAIRS: USDJPY, USDCAD, USDCHF These buy points will help us to make decisions during the week. When the price is above the Buy point, we are only looking for buying opportunity and when the price is below the sell points we are only looking for a selling opportunity. Have a great trading week.
by Charts247TradingAcademy
Most Powerful Formation in Technical Analysis Sideways Channel!Hey traders so in the last lesson we spoke about how the Head & Shoulders pattern is great for spotting tops and bottoms in the market. Today I want to introduce you to the most powerful formation in all of technical analysis called The Narrow Sideways Channel. This is every traders dream to learn how to catch the big moves and profits that make history in the markets. They don't happen very often but when they do the market can explode and we can catch the big move before it happens. If you ever see one of these on your charts get ready to strap in your seatbelt because it will be a wild ride! Enjoy! Trade Well, Clifford
BITSTAMP:BTCUSDEducation
by TradeTheIndex
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