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EURUSDVividly here, the EURUSD is trapped in a falling wedge which is soon to be broken, on whose course we will be capitalizing to the upside. However, the market may provide a final push to the downside to the previous swing point, thereby justifying the falling wedge pattern with a third touch. Therefore, proper Risk management is required as we trade reactively to price behaviour at these levels. Thanks and Good luck. Please like, comment and follow for more analyses and educational contents.
Long
by MiratonicFx_Trading
4
GBPJPYHere on the GBPJPY 10 Hour Time Frame, we are expecting an overall bearish swing move to the downside after break of trendline. However, we may see an impulsive break of the trend curve to the upside as price is currently in a bearish correction, to run-off liquidity; likely, a clearer price pattern may be formed for SHORT entry. Hence, we'll rather be reactive and not predictive on these moves, responding to price behavoiur at these levels. NB: Same can be seen on the Daily Time Frame. Thanks and Good luck. Please like, comment and follow for more analyses and educative contents.
Short
by MiratonicFx_Trading
GBPUSD Trade RecapIt has been a sweet surf on the GBP since the 16th of June, heavily to the downside. However, we may experience a correction up to 1.4100 before continuation to the downside considering the strength of the USD. No matter come what may, we'll rather be reactive and not predictive on these moves, depending on price behaviour. Thanks and Good luck. Pls like, comment and follow for more trade setups and educative contents. Also feel free to check out previous trade forecasts on this end.
by MiratonicFx_Trading
CHF/JPY ANALYSIS DAILYWelcome to GODAL TRADING analysis . Todays pair being analysed is CHF/JPY with a potential long set up forming. ONLY !! if a break-out of the identified bearish/falling wedge and highlighted zone takes place. The highlighted zone represents most recent resistant level/zone of the falling wedge, once the two is broken. It will then become a support zone. This is where I would wait for price action to test this level as support for potential long entries on lower time frames such as 4Hour.
by UnknownUnicorn18142411
3