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Bullish cypher pattern formed on EURCAD 4H chart. the pattern completion point is lying on the broken resistance line of a falling wedge pattern. a pullback is highly probable from the yellow demand area. target levels: 1.5537 1.5575

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CHFJPY is stuck on a key weekly structure resistance. the price got rejected and set a lower high on a daily. head and shoulder formation has formed on lower time frames. currently, the last resort for buyers is the support line of a major rising parallel channel. now we see its breakout attempt. to be involved in this selling movement, I would suggest...

04:36

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Potential scenarios and key levels explained. Recommendations and trading advice.

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NZDCAD broke and closed above a key daily structure resistance last week. during the last two days, the price was consolidating and steadily rolled over within a bull flag pattern. however, after a retest of a broken daily structure, the price has violated the flag to the upside. now bullish continuation is highly probable. goal - 0.883

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AUDNZD is trading in a sharp bullish trend on a daily. from the 18th of August, the pair is consolidating within a falling wedge pattern. this night the market broke and closed above its resistance line on 4H. with a retest and positive reaction, chances are high that the pair will keep growing. target levels: 1.0985 1.102

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good morning, guys GBPCHF reached a strong resistance of a rising wedge pattern. taking into consideration oversold rsi with divergence on 8h/4h charts and a double top formation with a confirmed violation of its minor support on 1h, chances are high that the price will retrace. to catch a bearish movement you can sell the retest of broken support or just...

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hey traders, Summer's crazy bullish rally may be interrupted soon. the price is entering a key weekly supply cluster based on 4 last year's price action. analyzing the previous reaction of the market to that area, chances will be high that the market will at least stop there and start a consolidation. depending on the price action on a daily, I will try to...

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Confirmed violation of strong horizontal support and new lower low lower close on a daily on EURGBP . now bearish continuation is highly probable. The next strong support is based on June's structure and 618 of the last bullish impulse. 0.8875 is the first goal for sellers. In case of a further decline, the next goal will be 0.88 level based on spring's...

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Confirmed violation of strong horizontal support and new lower low lower close on a daily on EURGBP. now bearish continuation is highly probable. The next strong support is based on June's structure and 618 of the last bullish impulse. 0.8875 is the first goal for sellers. In case of a further decline, the next goal will be 0.88 level based on spring's price...

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EURCAD reached a strong resistance line of a falling wedge pattern on 4H. the price has been rejected from its boundary, confirming its significance. to catch a bearish move, wait for a bearish violation of a bullish flag pattern on 1H. it will be the perfect confirmation to initiate selling. target level - 1.55 stop will be above the last high within the...

04:52

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3 days/daily time frame analysis of WTI. Potential scenarios and key structure discussed.

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damn, how hard to find any good trading setup during this week. the market is just crazy giving us no chance for a safe entry. watching USDCAD, selling rally clearly continues. the price will soon reach 1.30 structure support level. it is a 2019's low and a key structure of 2019's/2018's price action. I guess sellers are aiming there. then a bullish reaction...

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EURJPY retested a broken support line on a major parallel channel on a daily. on 4h the price formed a sequence of reversal candles: dodji + rejection candles, bearish engulfing candle + the retest point matches perfectly with a 618 fib.retracement of the last bearish impulse on 4H. based on that the probability that the price will start falling is very...

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USDCHF is trading in a bearish trend. the price is steadily falling within a channel. on 4H the price is currently contracting with a descending triangle formation. it is the classic consolidation pattern and the side of its breakout will show us the midterm direction of the pair. in case of a bullish violation of the resistance line of the triangle, goal...

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EURNZD reached a key daily structure. Friday's bearish engulfing candle confirms the strength of the underlined level. the only obstacle for sellers right now is the rising parallel channel. for now, it is the perfect buy zone for bulls. to initiate short trade, I would wait for a bearish violation of this channel. it will most likely trigger a selling...

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confirmed bullish violation of a horizontal structure resistance on 1H chart spy. now bulls will keep pushing higher. next goal - 3462.5 best entry is always on retest.

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GBPAUD is stuck between two key daily levels. the price is consolidating within a wide horizontal trading range. 1.814 is the support of the range. in case of a daily candle close below that, the price will most likely drop. target level will be 1.796 1.839 is the resistance of the range. in case of a daily bullish violation of that, the price may continue...

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hey guys, I know that many of you are expecting a coming bearish movement on a daily on EURUSD. analyzing a weekly time frame though, I want to warn you that the pair has still much space for a bullish continuation. on a weekly, the price is clearly trading in a global bearish trend. spring's covid bullish rally made the market set a higher low and triggered...