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As you can see on the 1 hour chart, price has broken out of channel and dropped to pivot. We can see a bullish engulfment candle at the pivot suggesting price may be moving up to retest the channel. I am hoping to get a rejection at the 0.382 fib level as that is a demand zone. I will be waiting for price to see if it could move up to my demand zone and see if we...

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Quick observation on EURUSD Hourly. We see a pennant forming with some consolidation and resistance support line of the pennant. We could see a price move up and break past the resistance to then hit top of pennant at price of 1.132. Over all target for me is 1.134 due to daily chart in a channel at the moment. Will take out profit slowly and use a SL to cash out...

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Here is what I see on the H4 chart. Potential Sell Stop order at around price of 1.26175 if head and shoulders pattern is complete on H1 Chart. Take a look at my analysis on H1 chart.

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Here is what I see for GBPUSD. I see a head and shoulders pattern forming. The neckline of the pattern is inline with a support zone, if price can melt and turn support to resistance than we might get a drop from neckline to end of lowest point of H1 Support. Potentially we could see a bigger drop if you check 1D Chart and H4 Chart. Will also publish those...

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This is what I see with GBPUSD . Going to wait for a confirmation at around levels 1.268-1.27 . for a short position. If EMA65 and the support turned resistance can hold then we could see a big drop of around ~150+ pips. Daily Chart shows strong support and resistance levels at 1.27 also If we see a drop id say target should be at around 1.25 but could...

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See a channel formed on daily chart on EURGBP 0.20% . We have hit the bottom channel and we can see that there is a retest, If price can hold at bottom channel then we could see price move up. We also see a convergence on RSI which could suggest price reversal. This could be a risky trade as we would be trading against trend but you could wait till price gets to...

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Bearish Bat Pattern on AUDCAD Possible Short Position

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Here is some more analysis on AUDUSD. Check out my 1H chart analysis. An almost picture perfect bearish bat, could be a good drop if we hold till then and keep bringing down SL to lock in profits down the way

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Here is what I think will happen to AUDUSD. Hoping price will keep a bearish momentum and break the bearish flag pattern to get to atleast the TP shown Could be a bigger drop. You can see a bearish bat pattern on D chart (Will publish that aswell) Need to wait for current candelstick to close below the resistance so we get a double top.

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Been Loving GBPAUD for SHORT positions recently. Still see the price continuing to drop so here is my analysis for the moment If price can show a signal of a reverse at the 0.5 Fib level and trend line I see it dropping to atleast the TP level could be a bigger drop if price can break the support line and turn to resistance! will keep updated on my position Thanks guys

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I see a possible short position from GBPAUD from either 2 price points as seen on graph. I will be waiting to see if price will break through 0.5 Fib retracement, if not I will wait for a short signal and ride down to take profit If not will probably wait to see if the orange trend line will hold. I see a convergence on RSI so possible loss of sell momentum?

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QUICK SHORT POSITION ON M15 CHART

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RISING WEDGE FORMED ON H1 & H4 REACHED TOP OF PREVIOUS RESISTANCE TREND. MIGHT BE A GOOD SHORT IF THE PRICE STAYS BELOW RESISTANCE LINE STOCHASTIC SHOWING OVERSOLD

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Possible short position

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If price of EURUSD hits ~1.15 then we might see a big drop depending on how resistance holds.

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Head and shoulders pattern forming in Bearish flag. Price could drop if price reaches ~1.56700