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GBPUSD BUYGBPUSD has had a large drop and has just bounced off a day support it has reacted to twice recently. On 4hr time frame theres a big bullish candle, on 1 hour time frame theres a support forming for a possible head and shoulders. head and shoulders mar or may not complete but still a buy from this level in my opinion. Note: I've made a youtube channel that does not yet have any content but at some point in the future i'll be uploading videos about my trading journey and some educational content if you'd like to subscribe now and be the first to see it when i upload. Youtube: Flynnex
Long
by UnknownUnicorn4584755
(¬‿¬) - NZDCAD - Following Trend - (¬‿¬)> - I appreciate at first this looks overly colourful and somewhat convoluted, but look twice, its completely unproblematic. There's literally 3 or 4 things I've added to this chart. > - Simplicity is key: 5 Touches on the bearish Trend line Daily Support Zone plotted 4Hr Support Line plotted (incase of consolidation towards trend line) Evidence of a gradual bearish trend, a short term SHORT position with TP/SL plotted. Conceivably, the price action will reject the Daily Support, in-time for a substantial LONG position with TP/SL plotted. I will be checking back in a week to see how this analysis has played out (¬‿¬) For those who keep sending me direct messages, I am a Student of the Diamond Forex Academy (instagram.com/diamondforex) and more so my personal tutor is Masum, a Top Author on TradingView, take a look (uk.tradingview.com/u/masumhussain)
by Amir_A147