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Here is a possible count i am following which shows the bullish bias. Do let me know what you think and whats your thought about current market structure .

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USDCAD potential long set up risk is very minimal

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Here is my long play on eur jpy pair .

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I see 5 wave almost complete In wave C of flat correction, we might dump towards 6500 area.

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It looks like forming a triangle , Remember according to EW rules Triangle means trend is nearly to an end last wave typically . trade accordingly :)

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We could drop a big amount of pip here , probably ABC zigzag down with the Fibonacci time analysis that red box when it could reach the new low .:)

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This is what i think. either ABC zigzag down in WXY or impulse A with 5 wave (which is hard to count).

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we could see a run up soon to complete C wave of Z , if we break that red box on this chart high possibility we are entering in a downtrend .

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we might see a heavy dump towards 2k area . BITMEX:XBTUSD

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last wave in progress 1.26-1.27 is very likely from here

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wave 2 or wave c here, but both scenario indicates upside move

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USDJPY could push for a last leg before the dump #usdjpy #forex