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USDCHF is in bearish trend for the past couple of weeks. More down move is possible.

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Possible down move to the 161.8 fib extension

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Price moving predictable. Good short opportunity if flag is broken.

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Price failed to continue in up trend instead it made a-b-c correction and continue to down side in impulses. Now price is in channel formation which indicates trend reversal. Possible one more down move beofre up trend and good short opportunity if price breaks current flag formation.

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Price action

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Price should continue to down side and complete E wave after it breaks correction pattern.

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Short opportunity if price breaks trend line to down side.

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Price is making falling wedge pattern. Possible one more down move if price breaks ascending broadening wedge to down side.

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Two possible direction. RSI showing divergence.

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Price is still in correction. I am expecting more down move and completion of C corrective move which will make Zig-Zag correction.

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EURJPY was in bearish trend for entiry week and longer. Still now sign of trend reversal.

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Up move possible if price breaks to the up side.

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Wave count on point. Price is in corrective structure and it should touch 61.8 % retraceement before another 5 wave up move. Good short opportunity if price breaks current support level with R/R 1:1.5

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On Daily chart we can see that price is moving inside channel and overall trend is to the down side. On lower time frime good opportunities can be found for buy set-up.

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Two possible directions on EURJPY pair

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Possible up move "all the way up" to daily trend line.

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On 15 minute chart we can see that price is moving inside of channel. This indicates that some break out should happen. Price has already broke down small flag formation and it should retest support trend line. If retest happens there are two possible scenarios. First scenario is continuation to the down side all the way to 61.8% fibonacci retracement or break out...

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Big Up Move Expected Details explaind on the chart...