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Kctrader77

GBPUSD. SELL HERE!Certainly, here's the translation of your technical analysis for GBP/USD today: 1. In terms of market structure, GBP/USD is clearly in a downward trend. It exhibits lower highs and lower lows. 2. It appears that GBP/USD may be following a 5-wave structure. At points 0, 1, and 2, we can anticipate that GBP/USD will continue to decline in the near future. 3. Trendlines indicate that the price continues to respect the slope and wave amplitudes. Indicators and volume suggest that the price is slowly decreasing. It is predicted that there will be a corrective wave 3-4 soon. 4. Prediction: When the price approaches the upper trendline, we can consider SELLING based on the descending structure of GBP/USD in waves 4-5. This may mark the temporary end of the downtrend. Please note that this analysis is based on technical indicators and historical price patterns, and actual market movements may vary. Always use proper risk management and consider multiple factors when making trading decisions.
Short
by KC_Trader77
3
Advanced Analysic for GBPAUD! BUY HERE!My analysis of the GBPAUD forex pair is as follows: Market Structure: I have identified the MINOR wave structure, marked in BLUE on the chart. The corrective wave structure, labeled 0A-BC and marked in RED, is also evident. By employing additional techniques, I anticipate that the correction will conclude at the designated point C. Price Action Momentum Channel: On the chart, I've identified a bearish momentum channel. I anticipate that the price will reach the lower boundary of this channel, and this could present an opportunity for buyers to enter the market. Fibonacci Analysis: I've identified significant price reaction zones using Fibonacci analysis. In conjunction with other analytical methods, I predict that the price will react notably at two critical levels, particularly in the presence of substantial economic news. SUPPLY & DEMAND BLUE MINOR STRUCTURE: ~ Fibonacci 0.618 reversal. Other Secrect analysic. Thank you for considering this analysis.
Long
by KC_Trader77
Advanced Analysic for GBPJPY: SELL and BUYMy analysis of the GBPJPY forex pair is as follows: 1. Market Structure: I have identified the primary wave structure, marked in red on the chart. The corrective wave structure, labeled 0A-BC and marked in blue, is also evident. By employing additional techniques, I anticipate that the correction will conclude at the designated point C. 2. Price Action Momentum Channel: On the chart, I've identified a bearish momentum channel. I anticipate that the price will reach the lower boundary of this channel, and this could present an opportunity for buyers to enter the market. 3. Fibonacci Analysis: I've identified significant price reaction zones using Fibonacci analysis. In conjunction with other analytical methods, I predict that the price will react notably at two critical levels, particularly in the presence of substantial economic news. 4. Indicator, volume histogram & RSI analysic. Thank you for considering this analysis.
Long
by KC_Trader77
6