CH_shares

CH_shares

gbpaud will have to get back to order++++ block there after sellers will join

CH_shares

looking for gbpjpy to form head and shoulders pattern in 4-hour timeframe and once we close below neckline thats when the movie will begin.

CH_shares

dollar has been neutral lately so we can give it a shot on the crab pattern.

CH_shares Updated 

eurjpy will over but till the given number then you'll see what will happen

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expecting a weak dollar as its oversold and its on supply zone.

CH_shares Updated 

gbpusd ill be expecting a buy as price is approaching an order block. fundamentally pound is weak but technically its giving us buying opportunities with low risk

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the trade seem risky because the pattern is not perfect as it should be so it night move higher to touch the 100 mark then it reverses to 94.00 mark

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the previous set up we took some 600 pips .i expect the given pattern to form so that we can get buying positions failure it means pound against yen will crash seriously.

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next week I'm expecting a powerful yen and from the look of things nzdjpy too will give short positions

CH_shares

expecting a strong yen as yen index is showing string potential of buying,

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pound against yen has closed below 50% mark hence it will drop a bit in daily chart leading to formation of double top.

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After dollar index trapping a number of buyers,we going to have a retracement upto 50% mark then followed by a big short as the market will be looking to balance again on 50% mark on a larger timeframe.

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looking at pound in smaller timeframes it gives a rectangle which is going to be a continuation of the buy pattern

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i think pound is going to give us long positions as its to complete Gartley's pattern and thats where a big sell will take over

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the pattern went as predicted then its now giving selling opportunities

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gbpjpy forming a cup and handle pattern in 4 hour timeframe.

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i can see we moving well.yesterday i gave the numbers to watch.

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the big bars are more of gaps so price will move lower before the trend resumes.