GBPJPY Short GBPJPY short signal is clearly showing a pattern of rejections on the main resistance line. Looking for an opportunity here, I believe that we will see a nice downfall for this pair moving rather than stagnate like some of the other pairs this last week it seems. I am also in favoring the RSI since the RSI shows a clear indication we are about to cross over the blue moving average and will most likely reach the 40s area of the RSI. Below, I have placed the entry, TP, and SL. Please also be sure to follow us for more signals and give this a boost to show you want more high quality PROFITABLE signals! I also apologize for not being here in the last few months as I was dealing a lot of matters with my business partners and as well went to Hawaii for some vacation time. Thanks again for the support and happy profitable trading sessions, everyone!
ENTRY: 194.416
TP 1 (Day Trade): 190.471
TP 2 (Swing Trade): 184.480
SL: 25 pips from entry
DAY/SWING TRADE! You DON'T have to hold the trade till it hits TP! You can simply hold and trade until you feel most comfortable taking your profits.
Please message me if you have any questions! Please enjoy your day and be sure to follow our page!
Fxsignals
EURAUD: Classic Pullback Trade From Resistance 🇪🇺 🇦🇺
EURAUD looks quite oversold after a test of a wide, key daily resistance.
We see a double top formation after its test and a local sign of strength of
the sellers with the violation of its horizontal neckline.
The price may drop to 1.6267 level.
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GBPJPY: Bearish Move From Resistance Confirmed 🇬🇧🇯🇵
GBPJPY nicely respected a key daily horizontal resistance.
The price formed a double top pattern on that and violated its neckline.
With a high probability, the pair will continue falling.
Goals: 194.0 / 193.5
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EURAUD: Bullish Move From Key Level 🇪🇺 🇦🇺
Check a price action on EURAUD.
After a test of a daily key level, the price started to
consolidate within a narrow area.
The price bounced then and violated a resistance line of a falling channel
and a horizontal range.
The pair has a potential to continue rising.
Next resistance - 0.6165
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EURCAD: Classic Trend-Following Trading Setup 🇪🇺🇨🇦
Look at a price action on EURCAD.
After a strong bearish movement, the price started to consolidate
within a horizontal parallel channel on an hourly time frame.
A breakout of the support of the channel is a strong bearish signal that
signifies, a highly probable bearish continuation.
Next support - 1.4902
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GBPNZD: Time to Sell 🇬🇧🇳🇿
I see a nice short trade on GBPNZD.
The price formed a double top pattern after a test of a key daily/intraday resistance.
We see a breakout of its neckline at the moment.
With a high probability, the price will drop to 2.103 level.
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NZDUSD: Pullback Time?! 🇳🇿🇺🇸
NZDUSD looks quite overbought:
I see a confirmed bearish breakout of a support line of a rising wedge pattern
and a violation of a neckline of a double top pattern on an hourly time frame.
With a high probability, we will see a pullback at least to 0.63385
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GBPJPY: Bearish Outlook Explained 🇬🇧🇯🇵
We see the exemplary bullish trap on GBPJPY on a daily.
After a false violation of a major daily resistance,
the price formed a high momentum bearish candle a dropped rapidly.
I think that the pair has a nice potential to continue falling.
We may see some minor correction first
and a bearish continuation to 188.88 level then.
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USDCAD: Day Trading Setup for Today 🇺🇸🇨🇦
USDCAD is currently consolidating within a horizontal intraday range.
After a test of the resistance of the channel, the price may drop
all the way down to its support.
As a confirmation, I see a head and shoulders pattern formation.
Target - 1.3466
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USDCAD: Bearish Move From Key Level 🇺🇸🇨🇦
USDCAD looks very bearish after a test of a key intraday/daily structure resistance.
The price formed a double top pattern after its test on an hourly time frame.
With a high probability, the pair will reach 1.345 level soon.
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EURGBP: Strong Bearish Signal Detected 🇪🇺🇬🇧
EURGBP broke and closed below a key daily horizontal support.
After a breakout, a broken structure was retested and the price
formed a narrow horizontal range on that.
A breakout of the support of the range with a high momentum bearish candle
this morning is a strong intraday bearish confirmation.
The price may keep falling now at least to 0.836
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CHFJPY: Pullback From Key Support 🇨🇭🇯🇵
There is a high chance that CHFJPY will pullback
from a horizontal daily key level.
I see a nice confirmation after its test - an inverted cup and handle pattern
and breakout of its neckline.
I expect a bullish move at least to 167.75
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EURAUD: Intraday Bullish Confirmation?! 🇪🇺 🇦🇺
Update for EURAUD.
Earlier, we spotted a confirmed Change of Character on a daily
and a violation of a significant resistance.
Today, we see a retest of a broken structure.
The price formed a bullish flag pattern on a 4H time frame
and broke its resistance line.
We can expect growth now.
Next goal - 1.662
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AUDUSD: Pullback Trade From Support 🇦🇺🇺🇸
On a today's live stream, we discussed a pullback trade on AUDUSD.
The price tested a key daily horizontal support
and formed a cup and handle pattern on that.
Its neckline breakout is our strong bullish confirmation.
The pair will most likely grow now at least to 0.6728
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EURAUD: Pullback From Key Level 🇪🇺 🇦🇺
EURAUD may pullback from a key daily horizontal support.
The pair looks very oversold after a recent bearish rally.
On Friday, the price formed a double bottom pattern on a 4H time frame
and broke and closed above its horizontal neckline.
We see its retest at the moment.
The price will reach 1.6376 level soon.
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EURAUD: Very Bullish Outlook Explained 🇪🇺 🇦🇺
EURAUD may pullback from a key daily horizontal support.
The pair looks very oversold after a recent bearish rally.
On Friday, the price formed a double bottom pattern on a 4H time frame
and broke and closed above its horizontal neckline.
We see its retest at the moment.
The price will most likely reach 1.6376 level soon.
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