GBPAUD Bearish FlagIn my opinion, it's a bearish flag by watching HTF which give an idea that momentum is strong for downside and it will break soon downside of this Channel after the formation of Double Top or H&S Pattern on top of FLag
No9to5job
GBPAUD short Trade SetupGBPAUD has rejected well from the resistance region and also had breakout of major Daily bullish trendline. Looking shorts only on this pair.
EURJPY DAILY TIMEFRAME ANALYSISEURJPY On weekly Time-frame has already broken above 130.000 resistance zone which is currently acting as a support, This week is important for this pair, we are looking into it on Lower time frame if price break and give confirmation below 130.800 which is holding firm support since last then we can see it going to 130.000 and from that point we will be taking a long trade and 130.000 is also a 62% Fibonacci region.
Or
If the price stays above 130.800 and if we see a break above bearish 4h Trendline then we will go long till next resistance region which is 133.000
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GBPCHF Daily Time Frame Analysis+ TradePound vs Swiss France pair took the Bearish momentum after the breakout of Bullish Trend at the end of May month and then it retraced and started New Lows and Since that time this pair is in bearish Momentum.
Currently, we can notice that price has touched the trendline third time and laying at the very interesting level of resistance 1.28000 plus 61.8 Fibonacci region which could make it bounce and keep its bearish leg continue till 1.23000 Support level.
We can trade this pair with 50pips SL and Target 500 pips which is 1:10 Trade Setup.
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EURUSD Nex Gen. Technical Breakdown – Bearish Momentum?EURO vs DOLLAR
1.18000 Resistance held firm and Euro fell badly in the final days of Last Week on and on Friday Dollar took massive strength and Euro plunged and closed above 1.16 level. Personally, Waiting for it to make new lower high because it has broken below the Daily Bullish Trendline and we could Sell it then to 1.154 Strong Support. Further will be looking for price action to make moves.
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EURUSD LONG TRADE SETUPIf you find this analysis useful then like and comment ;)
Use Proper Risk MAnagement 2%-5% max
EURUSD weekly BreakdownEuro vs Dollar (EURUSD) Was in bullish run till mid of April 2018 and then It break below the Bullish Trendline and since that time its Continuously making the New lows and as we can read in the last technical Blog of EURUSD pair that it was hesitating to break below the 1.16500 due to another Bullish Trendline From bottom.
Now on this pair, we could notice that price was into the bearish momentum but last week Price has broken above the resistance level which in the region 1.17000-1.17300 and also above the bearish Trendline which we could see in the chart, EMA is also taken over the price which indicates the price to Start bullish movement from this point.
Our First target and resistance region is 1.19500-1.20000 where we will see price action for further predictions.
EURUSD PREPARING FOR BIG MOVEEURO DOLLAR has been showing consolidation , on Weekly TF if candle closes above 1.23 then we can expect it to make new HH and which can take EU to 1.28 .
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AUDUSD H1 Cup and Handle PatternAudusd Retracement completed after head&shoulder pattern ,now its time for meltdown.
