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DShort
Wave 5 just ended, ABC retracement ahead. Divergence on RSI. Gravestone doji candle!
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We may see an ABC retracement with continuation to the downside. On 1 hour everything fits, too.
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AUD/JPY is in a long term downtrend. After retracing to the 61.8% Fib on the 4h chart it now seems to stall. MACD divergence; I wait for break of (1h) trendline to go short.
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GBPUSD correct labelled chart: of course possible wave 3 forming after ABC retracement!
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GBP/USD: Possible wave 2 after A-B-C correction (Daily Chart)
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I wait if price is going to resume downtrend
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