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Lets start our week with a very nice and clear technical analysis chart pattern. I want to be clear on these one.
1) Important resistance from 2014 and multiple times tested.
2) We are waiting complete formation of head and shoulders or downside massive sell.
3) Price Action Analysis close of the weekly candle shows pressure of sellers.
I hope to everyone, have a profitable week. Let's go to our chart,
We have a nice daily close on Friday, shows respect to the technical of minor support price level that comes from the start of November. The 4H could be much better, but this doesn't change the fact that we have a good close above the 108.000. Therefore we aim to catch the...
Hello Traders and Welcome.
I will describe what the chart illustrates about the Euro Vs. U.S Dollar. A combination prediction of Trend reversal (short and long term), breakouts and pullbacks, with the most important figure of analysing charts and specific these market (The foreign exchange market, Forex, FX, or currency market) the Simplicity. No technical...
I am waiting for upside leg, more specific bounce of the strong support area or bounce from the low of the November.
please like and follow if you like my ideas.
Lavraki is BACK
1) BREAK OF THE DOWNTREND CHANNEL FOR THE UPSIDE DIRECTION
2) PRICE ACTION ANALYSIS INDICATES : REJECTION OF PRICE LEVEL 1.121
3) RETEST THE SUPPORT UPTREND LINE THE INSIDE OR THE OUTSIDE
TARGETS THE (3)
STOP LOSS: IN 10 DAYS I WILL SEE THE PROGRESS OF MY CHANNEL AND IF YOU ARE INTERESTED FOR MORE I WILL CREATE TELEGRAM GROUP...
I have already buy this currency pair in order to catch the movement to the upside. The structure looking good and strong for at least 100 pip movement on daily and also on 4H time frame. However my prediction is that GBP/AUD will reverse to the downside soon with head and shoulders pattern, but these is not a realistic trading idea. It's just a...