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Structuralpoints

BTCUSD: Potential Continuation SetupThe correctional formation target that was mentioned in the related idea has been met; the highlighted area is now acting as support. It looks like higher timeframes failed to close below this key area; nonetheless, this pair might probe that area as a failure test. In such an event, it is expected that the lower timeframes will turn by printing spring bars. So far, bears are having problems following through and adding on to short risk exposure seems justified. The risk profile is not that bad.., if structure remains intact, this limit buy area can potentially deliver a 20% return, coupled with the selected risk profile, it would mean delivering around 6R return.
BITSTAMP:BTCUSDLong
by Zoen_Trieste
5
AUDUSD & NZDUSD Analysis This is a price behavior approach, for education purposes. The Price will not travel in a straight line, and it takes a great deal of time & effort for an ongoing primary trend to change. The situation in the Aussie and Kiwi is similar and the approach must be the same, however, we have a hierarchy in our selection whether to buy or sell. When buying we prefer to long the Aussie and Sell the Nzd when bearish. Still trade what you see not what you think.
by Charts247TradingAcademy
USDCAD LOWER PRICES EXPECTEDThe price action here is telling us that price is heading down again. We are going short this pair as a continuation trade. UsdCad currently sit below big numbers. No brainer for us to continue to sell this pair. We have use a very small stop for this trade. 1.2860 we dont want any surprises. We target the low of this current pullback first before anymore downside move materialise. GLT and trade with care. Follow us on twitter @charts_247 Instagram: @charts247 Watch How to trade Forex - structural Points Part 1 -3 buff.ly buff.ly
Short
by charts247