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EURJPY on the 4 hour time frame we can identify a deeper exhaustion retesting the old resistance which is now support. The small downtrend has aggressively shifted momentum from bearish to bullish with a new higher high being printed creating the start of the bearish to bullish trend change. A valid exhaustion will test my long zone where a 1 hour entry will be preferable.

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Yesterdays analysis update for EURGBP played out very nicely targeting the bottom of the channel. Here we can identify what we like to call a double zone. This is when structure meets a horizontal level, trend line or 50EMA. In this instance we have the top of the channel and horizontal level creating our double zone which was rejected with the double wick. Price...

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Current bias is short however we do have the GBP official Bank Rate release today which will create irregular price action. As always trade safe.

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A nice catch to start the trading day using the Next Gen auto trading system. EURJPY pushing into +100pips and closing in on take profit target. This strategy is called INTRA and works on the 1 hour time frame.

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Whats your thoughts on Bitcoin traders? Comment below ⬇️

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Previous highs have been rejected creating the sell off pressure after the bull run we witnesses across the board due to a weak YEN. The 4 hour time frame is now in the exhaustion phase retesting the 4 hour time frame 50EMA and horizontal resistance. A 10am 4 hour evening star candle close will be a valid rejection however we do not enter trades off of the 4 hour...

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To many traders over complicate the easy stuff. If a level breaks its likely to retest if the level does not retest and price breaks back above (or below depending if it was S or R that broke) then the move becomes a false breakout. This has been the way of price action since day 1, as traders we do not need to invent anything new. The element of a traders trading...

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Previous GOLD short zone was valid for 120pips downside. A great trade and very simple analysis using the automatic support and resistance indicator from The Golden Suite's Next .Gen smart trade tech combined with simple price action. We can identify that price made an equal high on the 1 hour time testing the horizontal resistance zone and the last lower high...

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Using the Next .Gen auto trading system which allows traders to execute trades automatically from their TradingView chart to their MT4 trading account we have accumulated over +650pips using the built in INTRA SCALP fully automated strategy which executes trades and trails the stop loss automatically on the 25 minute time frame.

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Heres a really snap shot of some GOLD levels which was analysed using the Next .Gen Auto S/R indicator which is freely available for you to use on your TradingView charts by searching for the indicator inside your indicator search bar. This indicator is part of the Next .Gen smart trading family brought to you by The Golden Suite.