PipsLand

PipsLand

GBP /USD PAIR HAVE head and shourlder and close below support can try to go for short

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- Price rejection in the previous day - now price are keep moving down side in the trend channel

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- lower low and lower high - break triangle - MACD show Low

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- The price are around the support(109.16) and showing a price rejection - a bullish engulfing pattern on Friday FEB 1 -

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We can the price are forming a triangle, and waiting for breakout in the daily chart, we can be note AUD/CAD in the next week

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EUR JPY has break the triangle as I draw, For my analysis, It will be drop and MACD is show to going down as well

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We can see very clear head and shoulder and just break out the resistance

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A very big head and shoulder and price close below support , potential to drop