Forexeducation
GBPUSDAs I said last week ..exactly as I said last week GU hit the area of the trend line from where it had a very high rejection that will continue in the next period until the area 37680 where it will have a small rebound and if it manages to break that area will go down 1000 -1200 pips in the coming months!
Even if in the short term GU will make a range move in this area ... in the long term I will look for SELL!
As you can see in the 1 month chart GU has rejected from the trend line formed in the last 10 years that coincides with Ichimoku's cloud ... as I do not believe in coincidences in Forex I will continue to believe that we will have a descent to the 1.38 area and there right around 1.33!
However, with a closing even for a day over 1.38 I will look for Buy to the trendline and from there ... DOWN AGAIN!
THIS WEEK...as I said in the last weeks GU has already dropped 550 pips from the 1000-1200 I predicted!
Even if he makes a range in this area and climbs again to 38700 ... I keep my idea of descending until he restores all W
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GREAT ATTENTION:
Our analyzes have an accuracy of over 91% but due to market manipulations during this period we will avoid putting exact values on SL!
We also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market.
*This information is not a Financial Advice.
EURJPYAs I said last weekS .... EJ closed over 130,200 and came close to 131,000 from where it rejected very strongly entering again below the trend line! analyzing the chart on 1 month where it formed "W" and where I kept saying that it will go down minimum 500 pips and the chart on 1 week !
I can say that I will search SELL until 128,200 or maybe even below ...
THIS WEEK...as I said last week, EJ reached 128,200, from where it strongly rejected ...
Starting last week, a new Fibonacci downtrend was formed on the 1-day chart with the Fibonacci level 618 at 129,700 ... from where I think it will reject again and will go down to 127,200 (see the round area) where ... UP AGAIN!
However, a 1-day close above 129,700 opens the BUY area again for at least 100-150 pips!
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
Our analyzes have an accuracy of over 91% but due to market manipulations during this period we will avoid putting exact values on SL!
We also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market.
*This information is not a Financial Advice.
GBPUSD - Full Analysis Breakdown. Welcome traders to a free analysis breakdown.
Today I am highlighting possible trade ares on GBPUSD, if you any questions on the pair let me know in the comment section below.
Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful .
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Trade Safe
Alpha Trading Group.
ALpha Trading Group is back!!! NZDCAD breakdown!!Welcome traders to a free analysis breakdown.
Today I am highlighting possible trade ares on NZDCAD, if you any questions on the pair let me know in the comment section below.
Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful .
If you liked this free educational please like and follow the channel, there is lots more valuable content right around the corner.
Feel free to comment a pair or subject you would like me to cover next.
Trade Safe
Alpha Trading Group.
EURAUD Just has broken weekly supportEURAUD is just below weekly support and a high probability sell trade opportunity.
Sell Limit @ 1.53904
Stop loss @ 1.54512
Take profit @1.52648
R/R= 1: 2
Disclaimer: Please note this is not any kind of investment advice and conduct your own analysis before taking any trade based on this