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Trading AUD/USD, eyeing a rising wedge reversal pattern. Plan to enter on breakout but cautious. Considering overall market conditions, support/resistance, and noting bearish divergence in indicators. Essential: a solid risk management strategy. Stay vigilant, markets are unpredictable. Good luck with your trade! 📈🤞

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Identifying a potential bullish opportunity in EURAUD with the Gartley harmonic pattern. If it fails then probability of reversal is from 1.618 fib level. Considering a long entry upon confirmation of pattern completion. Vigilance is crucial; align this analysis with supplementary indicators and stay attuned to market developments. Employ a sound risk management...

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The AB=CD pattern is a harmonic pattern used in technical analysis, and it involves three legs or price swings. In the case of a bullish (long) AB=CD pattern, the market forms two equal legs (AB and CD), creating a potential buying opportunity. If you've identified an AB=CD pattern on the AUD/CHF (Australian Dollar/Swiss Franc) currency pair and it's signaling a...

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Ah, trading patterns, nice choice! The AB=CD pattern is a classic harmonic pattern used in technical analysis. If you're considering a short position based on a bearish AB=CD pattern, make sure to confirm it with other indicators or factors. Never hurts to double-check and stack the odds in your favor. What's your approach to risk management?

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Ah, the AB=CD pattern, a classic in harmonic trading! In the context of forex trading, the AB=CD pattern is a geometric price pattern that helps traders identify potential reversal points in the market. It's formed by four points, with equal time and price symmetry between the legs. If you're looking at the USDCAD pair and you've identified an AB=CD pattern, you...

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can take short position on breakout of higher low to be considered as trend reversal. Decline in momentum can be seen in RSI indicator.

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Long entry with Buy stop order on breakout, Double bottom or head and shoulder pattern can be seen before breakout. calculate risk before entry and manage risk with SL

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AUDUSD exhibits a classic head and shoulders pattern, suggesting a trend reversal. Consider entering a short position upon a confirmed breakout below the pattern's neckline. and set a stop-loss above the shoulder point to manage risk. Target potential resistance levels for profit-taking.

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The GBP/USD pair presents a compelling technical setup on the 4-hour chart, featuring a potential 1.27 AB=CD pattern. This pattern suggests an impending bullish move as price retraces around 127% of the initial leg. Furthermore, there's evidence of RSI divergence, where the price forms higher lows while the RSI indicator forms lower lows, indicating a potential...

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Printing LL and LH, Taking entry on Breakout of LL with sell stop order and calculated Risk.

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Identify the harmonic AB=CD pattern and bearish divergence on the Gold chart. Place a sell stop order . Set a stop loss for risk management. Target take profit levels based on technical analysis.

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On the 15-minute timeframe, PHBUSDT is displaying a potential bullish reversal as there is a divergence observed on the Relative Strength Index (RSI). Traders can consider entering a long position on a breakout above the previous swing high (LH) for confirmation of the reversal pattern. To manage risk, set a stop-loss order below the recent swing low and adjust...

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CADJPY has formed a potential double bottom reversal pattern on the daily chart, indicating a potential bullish reversal. Additionally, there is a divergence observed on the Relative Strength Index (RSI), further supporting the bullish scenario. Traders can consider entering a long position upon a breakout above the neckline. For risk management, set a stop-loss...

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Technical Analysis: USDJPY USDJPY is showing a potential bullish reversal as a divergence is observed on the Relative Strength Index (RSI). Traders can consider entering a long position on a breakout above the previous swing high (HH) for confirmation. To manage risk, set a stop-loss order below the recent swing low and adjust position size based on account risk. MFF1%

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The EURGBP pair has formed a potential double bottom reversal pattern on the 1H chart, indicating a possible bullish reversal. The pattern consists of two troughs at approximately the same level, with a neckline connecting the highs between them. Additionally, there is a divergence observed on the Relative Strength Index (RSI), where the second trough has a higher...

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The NZD/USD currency pair is showing a Cup and Handle pattern, indicating a potential buying opportunity. The pattern consists of a rounded bottom (the cup) followed by a smaller consolidation (the handle). Traders can consider placing a buy stop order above the handle's resistance level to capture a potential bullish breakout. we will consider cup resistance to...

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AUDCHF seems bullish trend after printing RSI divergence and now printing HH and HL

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Printing Lower low and lower highs with RSI divergence on Top which indicates trend reversal