Themjanjagoat

Themjanjagoat

1 HOUR TF

Themjanjagoat

Daily Timeframe Price has rejected the daily resistance level. Currently trading on the trendline and we should expect a break below the trendline H4 Timeframe Break is complete.✅

Themjanjagoat

Daily Timeframe We expected price to reject the upper part of the channel. Now we price should break the channel but we wait for confirmation on lower timeframe H4 Timeframe Break is complete✅

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EURAUD Fundamentals Overview Overall bullish market about to turn. Market indicators like moving averages and technical indicators showing strong sell Technical Overview Daily Timeframe: Inverted H&S pattern formed. The market also respecting resistance 4HR Timeframe: Break and close below the main sr level.

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GOLD(XAUUSD) Fundamentals Overview Gold has been offering a good level to go long, looking at the current interest rates at most of the central banks is nearly 0%, we can expect more and more people wanted to diversify their portfolio into this precious metal. Technical Overview Daily Timeframe: Price still maintaining its bullish momentum after some consolidation...

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sell

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Weekly Timeframe: A very strong rejection of the resistance level (1.19130). We can target the level above the nearest support level (1.14185). Daily Timeframe: Price has managed to retest the resistance level we identified on the weekly TF . Confirmation by a bullish pin bar. Possible entry: We can wait for price to break below 1.17000 and on the retest, enter the trade.

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USDJPY Daily Timeframe: Price has retraced to the 0.618 fib level and managed to close below it. To add to that, the level is a minor resistance level H4 timeframe: You can enter once price breaks below that level identified (105.700).

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Daily Timeframe: Head and shoulders pattern formed and ready for entry. Price rejected 0.50 fib level Possible entry: enter immediately as everything is satisfied for this pair

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MONTHLY TIMEFRAME Price is currently trending down and now we can see some consolidation from last month and this one too. A test of the 0.382 level on this fib has been achieved. The downward trend to continue WEEKLY TIMEFRAME An M-formation pattern is to complete here and more confluence to go for downward movement. DAILY TIMEFRAME Price has touched and is...

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A very commo market parttern has formed on the daily and 4Hr inside candlestick formation already formed.

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Daily support level has been broken. We are looking for a simple retest then we break downside. The dotted line is the first target.

Themjanjagoat

nice W formation on the daily time frame and hopefully this target is achieved

Themjanjagoat

let the market break that level and on the retest we take the shorts. Hopefully get some profits before end of the week

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THESE PROFITS ARE TOO MUCH:)

Themjanjagoat

Extremely bearish market conditions. I personally expect the market to retest that area marked above as it is the area of 38.2 level of the Fibonacci. This short trade idea is only a small picture as this trade may likely continue its push to the upside. For this and more, join my premium telegram Chanel. Thank you

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Themjanjagoat Updated 

Currently waiting for a pullback