#AUDSGD [4H] Short if RISK-OFF to Kick in!SAXO:AUDSGD Might play out very well to the downside if RISK-OFF to kick in again, the pair has made a huge correction and might retrace from this level before this quarter ends. Watch out for the monthly retest to recent highs first before getting in...
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Quarterly
#AUDSGD [MNC] Watch out for the EXPLOSIVE upside move soon!OANDA:AUDSGD
#AUDSGD is reaching a very important level where it hasnt managed so far to break it Q1 2019. I believe this is the last retest as the price already had a broke-out on Quarterly chart in Q4 2019. So, we are now basically retesting the broken trendline and anticipating a rejection and a move to the upside later on.
Follow for more important opportunities!
#USDJPY [4H] A Tricky one...SAXO:USDJPY Is a tricky pair at the moment. However, i see a potential fall next week after a retest. This pair has made a move of an entire year so far during 1st quarter. Big bias is to the downside back to 102 or something. I tried to anticipate the moves based on supply and demand and the COT report.
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Delta Depression breakdown analysis: where is the support?With this last downleg, we have hit the 0.5 fibonaci level, in one break out. and it its not over.
If this is the beginning of a longer term downtrend, after we break support, the next support seems to be around 10/7/5 dollars, where I think volitle accumulation will happen, before consolidating around 10$ and moving again.
Look for one or two weak impulses to the upside to take short positions, stop loss at 37, with profit targets at 23-20, 12, 8.
#EURUSD [H8] Correction ALERT! ON Annually Demand...SAXO:EURUSD Is currently sitting for the first time on the strong annually demand and a super daily demand at the same time. Anticipating a decent correction from current range.
A break to this level will take us to the nearest historical 3M Uptrend below around 1.075
Follow for more ideas...
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#EURUSD [D1C] A Drop, A Correction, A Big Drop, A Reversal!SAXO:EURUSD Is currently heading to an important annually demand zone @1.08690 where i am anticipating a decent correction to the nearest weekly supply zone @1.10250 where we technically should see a continuation to the downside to the annual wedge located at its closest point @1.06300 : @1.06500 Where we should see a significant reaction anticipating a push to the upside to make its way back above @1.12380.
This scenario might change according to market conditions especially during the shifts between Risk-on Risk-off environments.
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