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GBPUSD Potential Short Signal UpdateTRADE UPDATE Previous analysis: Please see original analysis linked below for in-depth explanation of short long bias. We are still awaiting a break below and close below this blue short-term up trend line on the hourly chart to execute a short position on this pair. We will also need to see confluence from our price action forecasting algorithm forecasting a move to the downside with a chance prediction of 85% or higher. Currently our algorithm is predicting continued movement to the upside with a chance prediction of 79%, but we will continue to monitor price action and the updates from our algorithm. See the link below for an image of our algorithm's forecast for this pair. i.imgur.com
Short
by UnknownUnicorn261897
GBPJPY Potential Short SignalGBPJPY has been in a decent down trend, consistently making lower lows and lower highs. For this reason we are only interested in playing this pair on the short side because we only like to take high probable trading set ups that provide us with the best odds for success. Trading WITH the trend provides just that, we cannot stress this enough. With that being said, we will be looking to see price action break below this short-term up trend with confluence of a move to the downside from our price action forecasting algorithm with a chance performance prediction of 85% or higher. The 152.000 level may give downside movement some issues so it may be a potential profit taking target if we see price action getting caught up down there. Currently our algorithm is forecasting some consolidation and a bit a move to the upside with a chance performance prediction of 85%, however this will update every hour on the hour so we will be monitoring the updates and price action to see if we get the signal to go short. See the image linked below for a picture of the latest forecast from our algorithm: i.imgur.com If you want to receive accurate forex signals like this one check out www.Unique4xPro.com and get one FREE month of our algorithmic signals! Also follow us on all of our social media: Twitter @ Unique4xPro Snapchat @ Unique4xPro Instagram @ Unique4xPro
Short
by UnknownUnicorn261897
GBPUSD Potential Short SignalGBPUSD has been extremely bearish since the latter months of 2014 and traders all too ofter overlook the overall market trend because the market enters into a corrective phase which confuses people. Of late, we are attempting to break-out of this corrective phase to the downside, which already presented a nice short set up as seen in our previous analysis: We are looking for a similar move on a break below this new blue up trend line on the hourly chart, however we will need to see confluence from our price action forecasting algorithm predicting a move to the downside with a chance performance prediction rate of at least 85%. Currently our algorithm is predicting continued movement to the upside with a chance performance prediction of 83%, but we will continue to monitor price action and our algorithm updates to see if we get a shorting opportunity on this pair. Please see the link below for an image of our algorithm's forecast for this pair: i.imgur.com If you want to receive accurate forex signals like this one check out www.Unique4xPro.com and get one FREE month of our algorithmic signals! Also follow us on all of our social media: Twitter @ Unique4xPro Snapchat @ Unique4xPro Instagram @ Unique4xPro
Short
by UnknownUnicorn261897
EURAUD Potential Short Signal UpdateTRADE UPDATE Previous analysis: Please see original analysis linked below for in-depth explanation of our short bias. We are still awaiting a break below this blue short-term up trend line on the hourly chart to execute a short position on this pair. We will also need to see confluence from our price action forecasting algorithm forecasting a move to the downside with a chance prediction of 85% or higher. Currently our algorithm is predicting a slight move higher and then movement to the downside with a chance prediction of 80%, but we will continue to monitor price action and the updates from our algorithm. See the link below for an image of our algorithm's forecast for this pair. i.imgur.com If you want to receive accurate forex signals like this one check out www.Unique4xPro.com and get one FREE month of our algorithmic signals! Also follow us on all of our social media: Twitter @ Unique4xPro Snapchat @ Unique4xPro Instagram @ Unique4xPro
Short
by UnknownUnicorn261897
EURUAD Potential Short Signal UpdateTRADE UPDATE Previous analysis: Please see original analysis linked below for in-depth explanation of our long bias. We are still awaiting a break below and close below this blue short-term up trend line on the hourly chart to execute a short position on this pair. We will also need to see confluence from our price action forecasting algorithm forecasting a move to the downside with a chance prediction of 85% or higher. Currently our algorithm is predicting continued movement to the upside with a chance prediction of 69%, but we will continue to monitor price action and the updates from our algorithm. See the link below for an image of our algorithm's forecast for this pair. i.imgur.com ] If you want to receive accurate forex signals like this one check out www.Unique4xPro.com and get one FREE month of our algorithmic signals! Also follow us on all of our social media: Twitter @ Unique4xPro Snapchat @ Unique4xPro Instagram @ Unique4xPro
Short
by UnknownUnicorn261897
EURCAD Potential Short SignalEURCAD is looking very similar to EURUAD in the sense that it had been in a strong downward trend since the spark of 2016 and is now currently in what is potentially a corrective period. As seen here: With the overall trend being to the downside we are only looking to take a short position. while there is still significant downside potential from where current price action is to where the blue short-term supporting trend line is, there is still no real confirmation that the market intends to go lower until we break below and close below that blue short-term trend line. Therefore we are awaiting a break below and close below of said blue trend line with confluence from our price action forecasting algorithm prediction a move to the downside with a prediction chance of 85% or higher. Currently our algorithm is forecasting sideways movement, which could mean that the market wants to roll over soon, with a prediction chance of 64%. We will be updating this potential signal daily with current price action and updated forecasts from our algorithm. If we get the setup that we are looking for we will execute the trade and post an update, If you want to receive accurate forex signals like this one check out www.Unique4xPro.com and get one FREE month of our algorithmic signals! Also follow us on all of our social media: Twitter @ Unique4xPro Snapchat @ Unique4xPro Instagram @ Unique4xPro
Short
by UnknownUnicorn261897
GBPUSD Potential Short SignalGBPUSD has been in a VERY strong downtrend since pretty much the end of 2015 and spark of 2016 as shown in the image below... Retail traders all too often forget overall market trend and they get caught up in the confusion of corrective phases like the one we are currently in. GBPUSD has been so bearish for so long FOR A REASON, and we do not want to ignore that. There is A LOT of money pushing it lower, so we are only looking to trade this pair to the downside. With that being said, we are waiting a break below and close below this blue supporting uptrend with confluence from our forecasting algorithm and a prediction chance of that forecast of 85% or more. If we get these two criteria at once we will have a very high probable setup to execute a short position, Currently our algorithm is predicting downward movement which halts at the supporting trend line with a forecasting prediction chance of 90%. Therefore we will be monitoring this pair closely to see if we can break this supporting trend line and if the algorithm updates continuing to forecast a downward move upon the break of the support. See the image below for the current algorithm prediction. i.imgur.com ] If you want to receive accurate forex signals like this one check out www.Unique4xPro.com and get one FREE month of our algorithmic signals! Also follow us on all of our social media: Twitter @ Unique4xPro Snapchat @ Unique4xPro Instagram @ Unique4xPro
Short
by UnknownUnicorn261897
Short on USD/JPY SELL SELL SELL !!! (Risky) Reasons for - Clearly price is putting in lower lows and lower highs (Clear Downtrend) - Price broke key level at 120.00 A week back so we maybe heading to next key level ? - Price has put 3 touch on short term 4 Hour trend line - Price put in doji the a bearish engulfing and clearly bearish candle then another bull green candle then another gearish engulfing so clear sign the sellers are in control at the moment pushing price down - We are creating a type of right angle triangle with key structure level (Meaning a strong push of the breakout will occur) - Daily - Previous daily candle was a bearish hammer - On the daily we are clearly down trending so we are following the trend (The trend is your friend) - We are also making lower swings - Price is trading bellow previous key level before cleared on the daily and weekly (A sign that we are looking to go to lower level if enough momentum) So all these confluences clearly show more potential to the downside therefore i will be entering My ENTRIE WAS 117.216
Short
by ARFXC
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