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UJ created a relative equal high after a break and retest of a H4 rising channel support. There was a target area for a liquidity grab above the relative equal high where price was expected to push to before dropping again. After that area was hit, a 50% fibonacci retracement was created on the M30 timeframe. The profit projection area from this 50% fibonacci...

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When in doubt, zoom out. Following a falling wedge pattern, a bullish move is expected if structure permits. The current falling wedge acts as a W1 timeframe lower high and on the daily timeframe, we see that it is also a retest of a D1 indecision level as a new support. Extended wicks below and short wicks on top indicate bearish exhaustion with bullish pressure...

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The support level of the rising channel has been respected and the H4 bearish trendline, broken with a bullish impulse. The projection of the 61.8% Fibonacci retracement takes price to a H4 higher high above the 1.29177 area. Price may show some consolidation near the D1 indecision before continuing to the overall profit area. Please like and follow for future analysis'.

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Where a D1 indecision level and the resistance of a H4 falling wedge intercept, price respected. NZDUSD is currently beginning to push off the resistance, however, expect some consolidation around the zone pictured above for the possible formation of a fibonacci retracement. A bullish DXY is another NZDUSD sell confirmation due to the fact that USD is the quote...

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GJ is currently in a H4 falling channel. The most recent rejection of support and a bullish impulse was followed by some consolidation below a well-respected zone. I expect price to continue to push toward resistance after this zone is broken. Indications of continuous bullish momentum include a M5 bullish pennant and a M30 tweezer bottom pattern within the...

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Price is currently at the support of a H4 rising channel. Previously, the minor resistance has been touched before a dip down followed by a continuation to major resistance. The H1 bearish impulse from the resistance created a 78.6% fibonacci with the 127.2 projection lining up with the rising channel support. Track bearish exhaustion and bullish pressure for a...

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Price formed a falling wedge reversal pattern H4 and broke its resistance at the support of a D1 pennant. A Fibonacci pulled from the recent H1 bullish impulse creates a 38.2% retracement. The projection area lines up perfectly with the D1 pennant resistance for a high risk:reward buy. Please like and follow for future analysis'.

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NZDCHF touched the support level of the D1 falling wedge pattern and is beginning to show much sellers exhaustion on the lower timeframes. Also, it left a long wick to the downside to bounce off the H1 major support and failed to open and close consecutively below the H1 minor support. All of these indications signify buyers pressure in the market. A bullish move...

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On December 3rd, Gold rejected the 1823.90 price area and rose above it to create the left shoulder. This area is the neckline of the head and shoulders. Since then, it’s retested that’s area on December 7th just before rising up again and creating the head of the head and shoulders pattern. Lower lows and lower highs indicate a strong bear indication as well as...

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The weekly time frame shows bounce off a strong resistance along with a bearish inverted hammer doji candle set up. The current weekly candle will continue on a downtrend followed by a test and retest of the 50-day moving average before continuing downward for a possible lower low. Please like and follow for future analysis posts.