Tradepipsforex

Tradepipsforex

Solid support at 1.25 will make it bounce until 1.3

Tradepipsforex

The uptrend channel is still intact, looking for a bullish or reversal signal soon to enter for buy

Tradepipsforex

After retest, it’s likely to be a successful bullish breakout.

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A solid rejection on channel support, very likely to start bullish trend

Tradepipsforex

Waiting for a big breakout, the wedge support is still solid for now, wait for breakout or clear bullish/ bearish signal.

Tradepipsforex

AudUsd has been bullish all the time until reached and 0.71 area and makes a healthy retracement to retest support at 0.69 area. The trendline will be solid support for buyers as long as it is not broken yet.

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Might bull a bit more before reversal, wait for clear bearish sign before enter

Tradepipsforex

As shown in chart, GbpUsd has penetrated the order block and just wait for a retest and buy target higher to 1.28-1.3

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Successful break or trendline will drive the price to the support at 1.38

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Price staying below 1.386 indicates good breakout and will drive price lower to 1.36. In either way, it will pull the price back upwards to 1.42

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Seem like there is a rejection on 1.24 with huge volume causing it to form a flag after bearish trend. However there’s a big strong support at 1.2. Current major resistance is 1.25 makes this pairing likely to range among 1.2 to 1.25.

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Price stands above 1.116 will drive higher to 1.15, but at the moment I am looking for reversal bearish on this pairing since it is encountering with daily strong bearish trendline.

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Major Resistance at 0.68

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ChfJpy has a hammer closed on Friday giving the reversal bear a brake. However the inverted his pattern would be broken once the price goes downward or closed below the neckline. It’s only safe to buy once price able to stay above the red line.

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Retested the neckline and seem good to buy from low.

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GbpUsd is approaching strong support at 1.2. Big significant close below 1.2 will further drag price down to 1.18 or even lower until the dropping channel support. If it forms double bottoms on H4 possibly price will have a reverse and back upward to the channel resistance.

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after breakdown of support, this pairing falls back into the channel, likely fall to the support.

Tradepipsforex

might fall after touch the resistance or bearish trendline