AUDCHF I Will retest neck of double bottomWelcome back! Let me know your thoughts in the comments!
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Necklinebreak
Gold prepared for another bearish tumbleGold has retraced to the neckline of the double top pattern, upon which it provided a strong bearish engulfing. The weekly resistance has failed to be completely broken in addition to a rejection of the 38% fib. The 4H is trading within a range creating a new lower low along with ADX. The moving average is crossing to the downside as well as a trendline break to the downside. Price is now on the short side of the trendline. I will look for shorts near the weekly resistance for a 4H lower high. or a complete retest of the major 38% where the daily was rejected. Targets for shorts are -27%. extended target at -61%.
AUDUSD I It will continue downwardWelcome back! Let me know your thoughts in the comments!
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USDCAD I Structure broken - next moveWelcome back! Let me know your thoughts in the comments!
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Brian & Kenya Horton, BK Forex Academy
AUDUSD Will complete "W" pattern - LONGWelcome back! Let me know your thoughts in the comments!
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AUDJPY Correction and More Downside!Welcome back! Let me know your thoughts in the comments!
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Brian & Kenya Horton, BK Forex Academy