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EUR/USD have broken out of the 4hr bearish flag and have retraced back against the previous anchor leg high finding rejection between the 50% & 61.8% Fibonacci retracement. I am looking for price to create lower lows and continue the bearish trend
CAD/CHF is presenting a trend continuation trade to the upside. Price have retraced 50% of the previous swing high and is showing some bullish rejection, the stochastic is also showing over sold momentum which indicate the Bulls could step in at this level as well. I am targeting a extension of the previous swing looking for a higher high to form. The current pull...
I am looking for a bullish wave to 1.76000 area. We completed a 3 wave corrective structure followed by a store bullish impulse to signal the bearish correction is over. I am looking for a trend continuation trade as price move higher.
I am looking for a big sell off in the S&P to the 176 price area. The recent bullish move up from the March 23rd low of 217 appears to be a 3 wave corrective pattern, with a break of trend line adding confluence I will be looking for opportunities to get short.
GBP/USD is in its final stages of a corrective structure. While there is a possibility that GBP/USD could go lower one more time to around 1.21000 the 38.2% Fibonacci level, It is also likely that we will take off to targets around 1.27000 from current levels. Either way the corrective structure that started on March 27th will come to a end soon, it have took the...