Mehrdad_Orou

Mehrdad_Orou

By having a breaking out in the blue line , we can have a long position .

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breaking out in the blue line ==> we can have a sell position breaking out in the red line ==> we can have a buy position ( Notice! by having a pullback after a breaking out we can have a better position ).

Mehrdad_Orou

NOTICE ! Wait for a trigger in one of these PRZ areas

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Wait for a trigger in one of these PRZ areas .

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ABC correction arrives at the PRZ area + stochastic is in the over sold area ===> we can have a buy position

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This ABC correction is making a buy position . We can have a buy position after crossing over wave 4 in wave C .

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In this chart we can see an AB=CD pattern and an ABC correction also the stochastic is in the over sold area ,so it can be a buy position .

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We can have a buy position according to the Alternate bat pattern and the lower line of daily channel .

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In this chart we have two PRZ area , the red PRZ area is for bat pattern and the blue PRZ area is for reciprocal AB=CD pattern . we should wait for a trigger in blue or red area in weekly timeframe , then EURGBP will has a descending trend .

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We have a shark pattern in this chart and as a trigger, stochastic is in the over sold area , so we can have a buy position

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By having a good bearish trigger in the PRZ area , we can have a sell position .

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In this chart we have a large reciprocal AB=CD pattern and an ABC correction . their PRZ area is the small red rectangle , so we can have a buy position in this rectangle by having a good trigger .

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After breaking out in the blue line , we can have a buy position

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The breaking out in the wedge can be a beginning for a rising impulse but a broken wedge usually creates a channel , so it is possible for XAUUSD to has a return when it arrives at the dash line .

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We can have a long position after a breaking out in the upper line of the wedge, but we should know that a weak divergence is obvious in the AO

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After arriving at the lower line of the channel and a good trigger , we can have a alternate bat pattern and a buy position .

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In this chart we have pitchfork midline , channel lower line and a resistance area also We can't see divergence in AO , so we can have a buy position after arriving at the channel line by having a good trigger .

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breaking out in violet trend line ===> sell position , breaking out in channel upper line ===> buy position