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Forexforecast

LONG OPPORTUNITY IN EUR/JPYReasons- 1) Trading above the 200 ema & Ichimoku cloud on the weekly & daily. 2) Selling came at the weekly resistance but all supply absorbed. 3) Bears trapped and likely to have their stop loss above the recent high. 4) We enter where the bears are having their stop loss so that we can have a small stop loss with high reward potential. 5) Going with the trend makes it easy. 6) Breakout after long consolidation + retest. Kindly trade at your own risk. Good Luck ^_^
Long
by noobieYETpro
2
GOLD -XAUUSD BIG MOVE COMING UP!!!! (My thoughts and analysis)As we wait for the retest of the previous broken structure at 1906.92, the market is reaching the high at 1965.47, then retesting the broken level (1906.92), and the big move to the upside will most likely happen. Am looking on getting in on the retest trade on the daily after resistance has been formed and afterwards join in on the move to the upside to the high (green line) at 2075.92 which may be the next resistance gold may face in 2021.
FX_IDC:XAUUSDLong
by joebakwa7
3
AUD/USD chart analysis for the week. (my thoughts)Well, was patiently waiting for the market to break out of the wedge on the 4 hour chart and finally did at 0.76202, now we have a retest of major support at 0.76450 which indicates a strong buy signal. According to my plan, there are some confirmatory signals as well to back up this analysis such as, the market being above the 200 day period moving average on the daily chart indicating a long term uptrend, and also the retest that happened on the 4 hour chart that i have just talked about. have already entered this trade. Please let me know about your thoughts on this pair
Long
by joebakwa7