CHFJPY: Intraday Bearish Move Confirmed 🇨🇭🇯🇵
I think that CHFJPY may retrace from a key daily horizontal resistance.
I spotted a formation of a symmetrical triangle pattern on an hourly time
frame after its test.
The breakout of its support line indicates a local strength of the sellers.
We can expect an intraday bearish movement at least to 171.82 level.
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Priceactionsignals
AUDCHF: Time For Correctional Movement 🇦🇺🇨🇭
Looks like AUDUSD is going to start a bullish correctional movement
after a test of a wide daily horizontal demand zone.
My confirmation signal is a bullish breakout of a resistance line
of a symmetrical triangle on an hourly.
Goal - 0.5708
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EURJPY: Time for Pullback 🇪🇺🇯🇵
EURJPY looks too oversold after the yesterday's bearish movement.
Testing a key daily horizontal support, we see a clear intraday
bullish reversal.
The price formed a cup & handle pattern on an hourly time frame
and successfully violated its neckline.
We can anticipate a pullback at least to 157.9
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GBPUSD: Time to Buy?! 🇬🇧🇺🇸
GBPUSD has a perfect potential to move up after
a confirmed breakout of a minor daily resistance.
After a retest of a broken structure, the price formed a double bottom on that
and violated its neckline with a strong bullish imbalance.
The price may reach 1.2732 level soon.
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GBPUSD: Bullish Outlook For Next Week Explained 🇬🇧🇺🇸
GBPUSD broke and closed above both the resistance line of a falling
wedge pattern and a horizontal resistance cluster on a daily.
It indicates a highly probable bullish continuation next week.
Next resistance - 1.283
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USDJPY: Your Trading Plan Explained 🇺🇸🇯🇵
USDJPY is trading within a rising parallel channel on a daily.
The price is currently testing its support.
To buy the market with a confirmation,
watch carefully a bullish flag pattern on a 4H time frame.
A bullish breakout of its resistance and a 4H candle close above will
give you a strong bullish signal.
With a high probability, the price will keep rising then
and reach at least 155.3 level.
Alternatively, a bearish breakout of a channel's support on
a daily may push the prices lower.
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NZDCAD: Oversold Market & Pullback 🇳🇿🇨🇦
NZDCAD may pull back from a key daily horizontal support.
The market looks quite oversold after an extended bearish rally.
As a confirmation, I see a double bottom and a breakout of its neckline
on an hourly chart.
Target - 0.8189
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GBPCHF: Bearish Move After Breakout 🇬🇧🇨🇭
GBPCHF looks bearish after a retest of a recently broken horizontal support.
The price formed a double top on that and then continued falling with
a high momentum bearish candle.
I believe that the pair will reach 1.118 / 1.117 levels soon.
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EURJPY: Bearish Move From Resistance 🇪🇺🇯🇵
EURJPY looks bearish after a test of a strong horizontal resistance.
First, the pair started to consolidate within a range.
Then, its support was broken with a high momentum bearish candle.
With a high probability, the price will drop lower now.
Goal - 164.26
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EURNZD: Bullish Move From Support Confirmed 🇪🇺🇳🇿
EURNZD nicely reacted to a daily horizontal support.
First, the price started to consolidate within a narrow range
after its test.
Then a bullish movement initiated and the price violated both
the resistance of the range and the upper boundary of the falling wedge pattern.
We can expect more growth.
Goal - 1.7964
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CHFJPY: Bearish Move From Resistance 🇨🇭🇯🇵
CHFJPY looks bearish after a test of a key daily/intraday horizontal resistance.
Our bearish signal is a breakout of a support line of a bullish flag pattern
on an hourly time frame.
The price is going to retrace at least to 174.56 level.
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NZDUSD: Bearish Movement From Resistance 🇳🇿🇺🇸
This morning, I shorted NZDUSD.
I was waiting for a bearish signal after a test of an intraday/daily horizontal resistance.
A double top pattern and a breakout of its neckline gave a strong signal to sell.
We can expect a bearish movement now.
Goals: 0.5982 / 0.5962
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