Nawaf6

Nawaf6

USDJPY Pair is going side movement in up tread in the monthly chart.

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Head and shoulder in the direction of the daily channel.

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This pair forum a Wedge in the big Picture and Head & Shoulders at the smaller time firm so the first target will at the next support and the second target will be at the base of the wedge and I notice that there is 2 lines base and it will reach at third of the time it took to form the wedge .

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NZD/USD pair reach a monthly Pivot Point and most likely there will be a rebound.

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Long

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Short

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Long

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Short

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Make it simple only support & resistance.

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its strong head and shoulders Pattern. regards

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I don't use Elliot wave much but some time its good to use it at less to see the big picture via it. so it look promising for oil.

Nawaf6 Updated 

you can notice its moving side way and looking for one leg up, it might not reach the upper resistance. regards

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her we have double bottom as first target and 4 hours resistance as second target. regards

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head @ shoulders regards

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if you are planning to go short wait until it reach the trend line and you might want to see reversal pattern(H@S) or double top for conformation. Allah bless you all

Nawaf6 Updated 

You can notice the prices in side way move. Allah bless you

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Head and shoulder pattern in EURUSD the target is the bottom of the line, but it might not reach the bottom due to the sport line. Allah bless you

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long