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AUD/USD on a Reversal Zone by ThinkingAntsOkDAILY CHART EXPLANATION:
🔸 "AUD/USD On the Reversal Zone":
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🔸 Price has been on a downtrend for more than two years.
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🔸 It is now facing the bottom of the Descending Channel, which is a reversal level.
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🔸 Be careful, we are considering this level as a rejection zone but just for a retracement of the downtrend, this is not a trend change.
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🔸 Will look for a lower timeframe bullish setup.
🔸 4H CHART ANALYSIS:
Long Term Analysis on NZD/USD by ThinkingAntsOk🔸 "NZD/USD Long Term View" Weekly Chart:
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🔸 Price is facing the Weekly Support Zone.
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🔸 If it bounces here, it has potential to reach the Descending Trendline.
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🔸 If the Descending Trendline is broken, then the next target zone is the Resistance Zone.
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🔸 We are waiting for a lower timeframe bullish setup to get involved on this pair.
🔸 DAILY CHART ANALYSIS:
USD/CAD Bullish View by ThinkingAntsOkDAILY CHART EXPLANATION:
🔸 "USD/CAD Breaking the Downtrend" Daily Chart:
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🔸 Price has been on a Descending Wedge for more than a year.
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🔸 It has broken the Descending Trendline of the Wedge today.
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🔸 We consider it has potential to reach the Resistance Zone at 1.35300, and, if this zone is broken, then the next target is the Resistance Zone at 1.36500.
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🔸 We are waiting for a lower timeframe corrective move to get involved on this pair.
WEEKLY CHART ANALYSIS:
Review on BitcoinHello!!!
I expect a decline to the area of 9550-9600. After that, most likely, we will go to 10,000-10,200.
EURUSD short (Longterm Analysis, Supply Demand, Trend Line)Hello Traders !
Today I would like to share my long term analysis for EURUSD on the daily chart .
We can see that this pair is in an overall downtrend. Price made a correction move and broke it. I expect now the continuation of the downtrend.
Of course we could see a retest of the trend line but we need to wait how the daily is closing. It looks like we are forming a new Supply/Demand Zone .
I expect on EURUSD a big short on the long term view.
For a nice Scalp Trade we need to look at the lower timeframes to see some confirmations.
Let me now in the comment section below your view on EURUSD and what you think about my Analysis.
Please leave a Like
Thank you and we will see next time
- Darius.
EURJPY 1H Long buy Structure Long Buy Structure
From : 119.373 - 119.450
TP1 : 119.885
TP2 : 120.200
Stop Loss : 119.130
This is not an investment recommendation or any call to buy or sell
It is just an analysis based on a study of the history of price action
Behavior , that may not be a necessarily reason for the success of
the structure or repetition. So please make your decision based on your vision .
To protect capital and manage your deals and trading successfully
the maximum loss in each transaction for the same currency or
commodity in the same direction should not exceed ( 2% ) of the capital .
Good luck >>
XAUUSD CHANNEL SINCE JAN 2015-PRESENTHello traders,
Here's a realistic view of how gold has been trading for the past 4 years, about to be 5 years in 3 months!
Every 200 days it has a 30,000 pip movement up, then 30,000 pip movement down!
GBP/USD -> IN-DEPTH WAVE ANALYSIS - 1700 PIPS POTENTIAL?Whatever the outcome of Brexit may be the chart speaks for itself so this is purely speaking out of the technicals.
Feel free to add your opinion concerning how the fundamentals could affect the pair.
Looking at the Weekly time-frame we are currently trading in the form of a Descending Wedge / Ending Diagonal pattern (wave 4 within the pattern) , which is what makes me believe there is the potential for upside with the target being the most recent swing lower high (wave 2 of the wedge) at around the 1.3300 mark which also happens to be 2019's high.
Stay tuned for the updates :)
*DISCLAIMER*
This post is solely for educational purposes and does not constitute any form of investment / trading advice.
