khanafaan602

khanafaan602

As there is formed CUP & HANDLE continuation pattern, so it can be a potential setup for buy trade..

khanafaan602

Potential trade setup for AUD/USD, its likely to break the rectangle on downside and complete the the Harmonic pattern AB=CD

khanafaan602

GBPUSD looking Bullish due to price action making new HH and HL

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as we can see that the price action has breaked the most recent LH after the bullish diversion, started to form new HH and HL.

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As we can see that the price action has started to form decent Higher-highs and Higher-lows and there is also form hidden divergence , so we can expect the price to go bullish..

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Risk 2% =200$ Entry 1 Risk 1% =100$ Entry 2 Risk 1% =100$ Reward 3% =300$ Entry 1 reward 1% =100$ Entry 2 reward 2% =200$

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as we can see that all time high is broken, so there is a probability that it might make new highs After retesting the strong support or Pullback zone.

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Risk 2% =200$ Entry 1 Risk 1% =100$ Entry 2 Risk 1% =100$ Reward 3% =300$ Entry 1 reward 1% =100$ Entry 2 reward 2% =200$

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its making beautiful uptrend, so one can expect a long trade here.

khanafaan602

as we can see that everything is in favor of Bears, so the price action can possibly go further downwards.

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Risk 2% =200$ Entry 1 Risk 1% =100$ Entry 2 Risk 1% =100$ Reward 3% =300$ Entry 1 reward 1% =100$ Entry 2 reward 2% =200$

khanafaan602

according to bearish Flag and Bullish reversal harmonic pattern, price action can further go down as there is no sign for trend reversal.

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Dow theory (uptrend) = 1 bullish divergence = 1 So, Bullish=2, Bearish=0 So, overall its bullish bias, Long trade can be executed .

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there is a beautiful uptrend formed and there is no bearish divergence formed and also a bullish flag is formed, CONCLUSION : BULLS got all the score in bucket.

khanafaan602

due to the reversal pattern shown on EUR/GBP , Looks like bearish rally is going to start.

khanafaan602

due to the reversal pattern shown on EUR/USD, Looks like bearish rally is going to start.

khanafaan602

due to the reversal pattern shown on USD/EUR, Looks like bullish rally has started.

khanafaan602

As we can see that ETH/USD is forming Double Top reversal Pattern, indicates that the trend is likely to change.