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Price_Action_Coach

AUDNZD is still following our previous analysis. The best thing about swing trading is that you can add more entries as the price retraces.

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CADJPY is in an uptren

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After the strong bounce from the support. We can expect the price to move to the upside with that same momentum.

Price_Action_Coach

The pair coul not break the suppport. we can expect a move to the upside to test the broken channel.

Price_Action_Coach

We were stop hunted from our previous trade. The analysis is still the same. You can check out the previous analysis to get a broader idea of where we are coming from.

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Follow the trend

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Update from our yesterday analysis.

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Levels to watch for a possible Elliot wave.

Price_Action_Coach

Our first analysis has failed. The pair could not break the resistance. we can see the presence of a double top reversal pattern. Wait for the 4 Hr candle to confirm the reversal candlestick pattern from the neckline.

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The pair has finally given us a proper retest of the broken neckline. We can adjust our stops and enjoy the ride.

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Adjusted entry. Came close to our previous stop. Now we can add more orders on the pull back from the support.

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USDCHF is going for the 5th wave. The third wave has retraced to the 0.38.

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Breakout and retest. The pair did not show much signals over the weekend. Now it has given us a clear view.

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The pair is in a parallel channel. We can look for more downward movement.

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Same old price action

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It could not break the upper trendline after five touches. We can see it broke out of the lower trendline and formed a double tops reversal pattern. The way is to the downside.

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We can not yet say the market is balanced. Looking at where the price was reject and the next major resistance. We can try to follow the trend and get a proper set up to ride the wave.

Price_Action_Coach

GBPNZD is in a rush to go back up. It has broke out and quickly retestes the trendline. We can spot a double bottom reversal pattern that was quickly retested too. It is a green light, we can expect it to follow the new trend it is setting on the 4 hour timeframe to continue with the major trend.