EURUSD - Technical Analysis
Waiting for reversal signal to enter a trending market to the Upside
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well I believe the charts ia quite explanatory seeing the long correction getting weak with price lingering around the breakout region at C
aldo theres a possibility for a slight retraement to previous support level but I think this will last only for a short time
I'm very pessimistic about a change in trend and this week will make it more visible
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We're going to get the 100 and 200 days lines tested, coming to perfect fit with previous supports.
Once it hits the 200 days line, it can come back or go for a higher correction.
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EURGBP:
Daily Chart: On Daily Chart we have potentional SHS pattern.
Price Around .87245 (Left Sholder) is first Resistance Zone
Fib view: Price now is between 50-61%
Price Action: Daily candle Sell Pin Bar.
Looking for Sort position. Target .83500
Tehnical Anaylsis give a very strong signal for buy EURCAD
- Bullish harmonic Pattern
-Hidden divergence
- Touch very stong trendline and slowing movment.
- Long time without pullback.
How can see in chart many tehnical reasons for buy EURCAD.
RR 1:5 TP 730pip
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