GBPCHF: Forecast & Trading Plan
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the GBPCHF pair price action which suggests a high likelihood of a coming move down.
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Prediction
CHFJPY: Bullish Continuation is Expected! Here is Why:
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the CHFJPY pair which is likely to be pushed up by the bulls so we will buy!
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EURGBP: Short Signal with Entry/SL/TP
EURGBP
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell EURGBP
Entry - 0.8483
Stop - 0.8507
Take - 0.8448
Our Risk - 1%
Start protection of your profits from lower levels
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GBPNZD: Short Signal Explained
GBPNZD
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short GBPNZD
Entry Point - 2.0824
Stop Loss - 2.0875
Take Profit - 2.0736
Our Risk - 1%
Start protection of your profits from lower levels
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CADCHF: Bearish Continuation & Short Signal
CADCHF
- Classic bearish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Short CADCHF
Entry - 0.6565
Sl - 0.6591
Tp - 0.6517
Our Risk - 1%
Start protection of your profits from lower levels
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BTCUSD: Bearish Continuation
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current BTCUSD chart which, if analyzed properly, clearly points in the downward direction.
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SILVER: Bearish Continuation is Expected! Here is Why:
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bears are taking over so we will bend to the will of the crowd and sell too.
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EURJPY: Trading Signal From Our Team
EURJPY
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short EURJPY
Entry Point - 171.79
Stop Loss - 172.61
Take Profit - 170.49
Our Risk - 1%
Start protection of your profits from lower levels
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EURUSD: Bearish Forecast & Bearish Scenario
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the EURUSD pair which is likely to be pushed down by the bears so we will sell!
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GBPUSD: Long Signal Explained
GBPUSD
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long GBPUSD
Entry Point - 1.2651
Stop Loss - 1.2617
Take Profit - 1.2697
Our Risk - 1%
Start protection of your profits from lower levels
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AUDNZD: Bearish Continuation & Short Trade
AUDNZD
- Classic bearish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Short AUDNZD
Entry - 1.0918
Sl - 1.0951
Tp - 1.0862
Our Risk - 1%
Start protection of your profits from lower levels
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EURNZD: Bearish Continuation is Expected! Here is Why:
Balance of buyers and sellers on the EURNZD pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair.
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GOLD: Bears Will Push Lower
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the GOLD pair price action which suggests a high likelihood of a coming move down.
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EURUSD: Weekly overview and opportunities
Reasons to Long:
Bearish long-term channel
Last break was bearish
Reasons to Short:
Near a demand zone that coincides with the bottom of the channel, which is around 1.0620
It seems that a weak short-term zone appeared around 1.0680
Conclusion:
I predict a slightly bullish week. However, I'll wait to reach mid-term zones that can be found between 1.0760 and 1.0720 to short the pair. I don't recommend taking long trades here unless you are a scalper or an extremely short-term trader.