NZDCAD: Bearish Triangle 🇳🇿🇨🇦
I see a descending triangle pattern on NZDCAD after a test of key resistance.
Its neckline breakout is a strong intraday bearish signal.
Goal - 0.8103
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GBPCHF: Strong Bearish Pattern🇬🇧🇨🇭
There is a high probability that GBPCHF will drop soon.
A formation of a head & shoulders pattern after a test of a key resistance
and a consequent breakout of its neckline provide a strong bearish signal.
Goal - 1.131
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GBPJPY: Very Bearish Chart Pattern 🇬🇧🇯🇵
I see a perfect example of a completed head & shoulders pattern
on GBPJPY on a 4H time frame.
A breakout of its neckline is a strong bearish signal.
I think that the price will continue falling soon.
Goals: 191.38 / 190.7
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EURCAD: Trend-Following Short?! 🇪🇺🇨🇦
EURCAD may drop from a solid falling trend line on a daily.
After its test, the price formed a descending triangle pattern
on an hourly time frame.
A violation of its neckline is a strong intraday bearish confirmation.
Goal - 1.476
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NZDJPY: Finally a Bullish Confirmation?! 🇳🇿🇯🇵
Update for my recent post for NZDJPY.
The pair finally looks bullish after a test of a key daily support.
My confirmation signals are a double bottom pattern and
a bullish imbalance candle on an hourly time frame.
We can expect growth at least to 87.8
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CHFJPY: One More Buying Opportunity 🇨🇭🇯🇵
One more buying opportunity for today is on CHFJPY pair.
After a test of key daily support, the price formed an ascending
triangle pattern on an hourly.
We see a positive bullish reaction of the price after a breakout of its neckline.
The pair may reach 169.45 level soon.
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NZDUSD: Correction Continues 🇳🇿🇺🇸
NZDUSD continues correction after quite an extended bearish movement.
The price perfectly respected a key daily horizontal support.
After a consolidation within a range on that, the pair violated its resistance.
We can expect more growth now at least to 0.5909
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NZDJPY: Time to Buy 🇳🇿🇯🇵
NZDJPY broke and closed above a key daily structure resistance.
After a breakout, the market started to consolidate within a narrow range on a 4h time frame.
A retest of a broken structure triggered an impulsive bullish movement
and a violation of a resistance of the range.
It gives us a strong bullish confirmation.
I think that the pair will reach 97.5 level soon.
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