ryancubilla

ryancubilla

GBPUSD forms a bearish channel. The bullish consolidation might break at 1.31546 level. If the price find resistance at 1.31546 level it will have a higher chances of revisiting the 1.29976 level or even break that level. A shorterm uptrend is forming. As long as the price doesn't break the channel it will continue to go up. Key...

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AUDUSD performs an expansion pattern. The bullish consolidation might break at 0.75573 level. If the price find resistance at 0.75573 level it will have a higher chances of revisiting the 0.72754 level or even break that level. If the price decided to break the 0.72754 level downward and find it as resistance then there will be a higher chances to retest 0.69582...

ryancubilla

EURUSD is bearish in the long term trend. After the impulse wave on February the price started to form consolidation correction pattern. The consolidation might break at 1.12079 level. If the price find resistance at 1.12079 level it will have a higher chances of retesting the 1.08135 level or even break that level. If the price decided to break the 1.12079...

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NZDJPY touches the trendline the third time. Price may start falling to the lower trendline of the channel.

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A hugh probability that the price will retest the trendline before an upward move. A strong candle that breaks 1.33285 will a sign of upward trend. A strong candle that breaks the lower trendline is also a sign of continuation of downward trend.

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A high probability that the price will retest the demand zone after a downward break of 121.648. The market found resistance at 121.945 . Only the upward break of 121.945 would cancel the bearish scenario and take us LONG.

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This pattern is still in the process of forming. Possible bullish price movement towards the resistance 84.65 within the next 12 hours.

ryancubilla

Channel Down identified at 3/24. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.7590 within the next 11 hours.

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AUDUSD might break the channel soon. If the price correction ends near the demand zone, long opportunities will have greater success. Wait for price to give you signals before entering trades.

ryancubilla

Eurusd is now at the end of the channel. The price is narrowing and is about to break the trendlines. Strong price moves are expected once it breaks trendlines. Wait for pullback before opening a trade.

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USDCAD is respecting the resistance zone for a very long time. If the price rejects the resistance zone there will be a greater possibility that the price will drop heavily. If the price will break the resistance zone, long positions will have better success.

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Price correction might end near the area of value. A downward move can be expected around the area.

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EURNZD is forming a bearish channel. Wait for the price to break out the channel and wait for pullback before opening a trade. A strong bullish candle will confirm the change of trend.

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We see that the price is in consolidation. We will wait for the price to break on either sides before we look for setups after the pullbacks. It is very important to look for confirmations or rejections at the trendlines before opening a trade to avoid fake breakouts.