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mwattzz

EURAUD H&S

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AUDUSD Trade: Short triggered Week of 6/23 - Waited a whole week for this set up. We have multiple wick rejections from the key level region we marked up prior to the correction move as well as multiple precedence of confluence. Although I would like a more sufficing retracement to the 61.8 fib level, the bears have clearly shown presence at the 50.0 fib level....

mwattzz

EURUSD Bears came in at the ending of the week pushing price down into a key level. Would like to see break and retest to enter short. Could also expect a big rejection from the current area due to the confluence at that point with a clear 61.8 fib test

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GBPJPY - Clear inverted head and shoulders pattern on the weekly TF - Right shoulder has formed and is at a major level of support and resistance - Due to the H&S forming on the weekly and having the previous week being controlled by bears, I will be looking for a possible reversal at this zone - Keep in mind whenever there is a big impulse to either...

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GBPAUD Bullish analysis - previously we have descending channel form and push price higher after confirmation - expecting a bulls to continue to push price higher after this descending channel into a MAJOR KEY LEVEL with double bottom as well as 61.8 confluence - 200 EMA also acting as potential dynamic support CONFIRMATION IS NEEDED IN ORDER TO GO LONG

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- USDCHF has broken structure and testes the support region I was suspecting - In order for a Long or Short position to be considered I would highly recommend to wait for a break and retest of structure of each region Long: 1.013 Short: 1.0055 - Remember we are in an uptrend and need heavy confirmation for a short position.

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Gold surrounded by key levels. Either looking bullish or bearish with break of the respected structure with a retest.

mwattzz

Gold at surrounded by market structure. Looking bullish or bearish with respect to their key levels.