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Highimpactnewevent

Will AUD High Impact News Push Price?The price has broken critical zone many time with retests on that exact level which has formed a pattern that look like unfinished H&S formation which was why i opened a sell from the top of right shoulder expecting it to go down but now I am waiting to see if high impact news will help to complete its true head and shoulder which will push price downwards catching around 40-60 more pips to end the night for me. On the downside, if it comes out positive then it will hit my stoploss in the profit and i wont enter any more trades.
by UnknownUnicorn4090857
NZDUSD Potential SellNZDUSD has high impact news expected tonight at 7pm EASTERN TIME that is about their business confidence. In this analysis you can see that the 4 HOUR candle has hit this line which is a resistance level from the daily chart There is obvious divergence on the 4HOUR and DAILY CHART and its very oversold on the 4HOUR, and nearly oversold on the DAILY. I would watch this trade closely and try and see if you can get a good candlestick confirmation for entry, preferably before the high impact news at 7PM I will put the link below for the news site, forexfactory. www.forexfactory.com
Short
by padillajohanna
GBPAUD: VALID BEARISH CYPHER PATTERN WITH GOOD RISK TO REWARD!!!Hello Traders, Here we have a valid bearish cypher pattern on FX:GBPAUD , that is coming close to its completion point. After adding few Fibonacci extensions and inversions, I was able to obtain 3 Fibonacci confluence zones and all of them are located between our short entry (1st zone from the bottom) and the X point of the cypher pattern. Also note we have a really nice bearish pin bar right at the X point. Thus we might see the market come back up near the bearish pin bar and so our stops need to go above that pin bar. So we got 3 different Fibonacci confluence zones + the bearish pin bar, if the market is able to go through all these "potential" resistance levels than we better make sure to exit with a small loss. See the chart above for more information. Trade Summary: Short Entry Level: 2.0600 (psychological round number) Stop level: 2.07956 (risking 0.94% of total equity) Target #1: 2.03698 (potential return of 1.12%) Target #2: 2.02272 (potential return of 1.82%) HIGH IMPACT NEWS EVENT: Got "Services PMI" number coming out tomorrow early morning from GBP @ 4:30 AM. Please feel free to AGREE or DISAGREE with this idea by leaving a comment below. Hit that thumbs up button (top left corner of this chart) if you like the idea. Thank you everyone for all the SUPPORT that you have given me so far, I truly appreciate it. Good luck everyone :) Follow me on Twitter as well: moneymaking2016
Short
by moneymaking
2
USOIL: BULLISH GARTLEY PATTERN WITH AB=CD HARMONIC MOVE [D]!!!Hello Traders, Here we have a valid bullish Gartley pattern along with valid harmonic AB=CD move on FX:USOIL . Both patterns are completing right at the 127.2% fib extension level. We can probably wait for an even deeper CD leg completion, in order to get better risk to reward for this setup. Stops and targets are labelled on the chart above. NOTE #1: Crude oil inventories news event is coming up today @ 11:00 AM (EST). Please feel free to AGREE or DISAGREE with this idea by leaving a comment below. Hit that thumbs up button (top left corner of this chart) if you like the idea. Thank you everyone for all the SUPPORT that you have given me so far, I truly appreciate it. Good luck everyone :) Follow me on Twitter as well: moneymaking2016
FX:USOILLong
by moneymaking
4