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GBPUSD Is It Time To Look For Buys ? Hello everyone: Also on my watch for remaining of the week is GBPUSD. From previous bearish setups, price implosively push down aggressively, After hitting a higher time frame swing lows, there signs of bearish momentum slowing down. A potential double bottoms on the higher time frame, with a falling wedge bulllish reversal, that leads to a LTF impulse phase. These are all good indication of the bullish price action in the making. Lastly we see a possible bullish continuation correction formed, possible inverse H and S pattern. Wait for price to impulse out, and smaller continuation corrections to confirm and validate the buy potential. Thank you
Long
by jojofang0901
18
AUDJPY More Downside Possible, Watch For sell Hello traders: AUDJPY is showing more downside possibility, and we can certainly expect more JPY pairs to gain strength. From the higher time frame, price formed double tops, H and S pattern and strong bearish reversal down. On the lower time frame, price start to develop more bearish price action, with impulses follow by corrections downward. Good signs of the bearish momentum to continue. Price just made another ascending channel as a continuation for more downside, watch for lower time frame bearish corrections to get in the sell down. Thank you
Short
by jojofang0901
15
USDCHF Look For Bearish Move hello traders: USDCHF has a nice bearish development in the last week. WE can see price has moved up correctively to the top of the higher time frame channel structure, formed an ascending channel. Within, we can see lower time frame head and shoulder reversal, and price had a strong bearish impulse phase down. Latest development shows a possible correction after the down move, this could help the price to continue lower down to the next lows. Look for more bearish continuation correction on the lower time frames for possible sell. thank you
Short
by jojofang0901
32
GOLD Bearish Forecast and Outlook Hi everyone: GOLD hasn't been on my watch lately, as I thought price hasn't develop anything that would fit my plan to enter. Now, the recent development is interesting and we could potentially get some bearish bias in the market that can confirm downside. What we are seeing here is some pattern separation of the price. After the initial bullish up move, price failed to continue higher, instead a bearish reversal impulse down. The latest price action shows us the price is in yet another consolidation, but more ascending like. Good indication of a bearish down move when price finishes correcting. Watch for lower time frame downside, follow by continuation before entering. Thank you ALL for the feedback, support and likes. ITs your positive engagement that will motivate me to create more trading analysis, forecast, live streams updates, educational contents, and much more continuously in future. DISCLAIMER: -My forecast and analysis are NOT financial Advice, you should not trade and invest solely on this information. -There are many scammers & fakers impersonating me, my channels/platforms to scam people. Be very careful as I will NEVER private/direct message you first no matter what.
OANDA:XAUUSDShort
by jojofang0901
35