NZDJPY: Finally a Bullish Confirmation?! 🇳🇿🇯🇵
Update for my recent post for NZDJPY.
The pair finally looks bullish after a test of a key daily support.
My confirmation signals are a double bottom pattern and
a bullish imbalance candle on an hourly time frame.
We can expect growth at least to 87.8
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Freeforexsignals
GBPCAD: Bullish Move After Breakout 🇬🇧🇨🇦
GBPCAD broke and closed above a significant daily resistance
cluster based on the year's high.
The broken structure turned into support.
Retesting that, the price formed a tiny cup & handle pattern
on an hourly time frame.
I decided to open a long trade on a retest of its broken neckline.
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CADJPY: Long Trade From Support 🇨🇦🇯🇵
CADJPY looks bullish after a test of a key daily/intraday horizontal support.
A strong confirmation is a formation of a cup & handle pattern
on that on an hourly time frame and a breakout of its neckline.
The price will most likely go up at least to 107.57
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EURGBP: Classic Breakout Trade 🇪🇺🇬🇧
EURGBP broke and closed above a key daily horizontal resistance
cluster on Friday.
Retesting the broken structure, the pair started to consolidate on that
on an hourly time frame.
A bullish violation of the consolidation is a strong bullish confirmation.
The price will most likely continue going up at least to 0.834
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GBPCHF: One More Breakout Trade 🇬🇧🇨🇭
I see one more breakout trading setup.
GBPCHF has recently violated a significant daily/intraday horizontal resistance.
Retesting that, the price formed a cup & handle pattern.
Its neckline breakout is a strong bullish signal.
The price may go up today and reach at least 1.1322 level.
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CHFJPY: Intraday Bearish Move Confirmed 🇨🇭🇯🇵
I think that CHFJPY may retrace from a key daily horizontal resistance.
I spotted a formation of a symmetrical triangle pattern on an hourly time
frame after its test.
The breakout of its support line indicates a local strength of the sellers.
We can expect an intraday bearish movement at least to 171.82 level.
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EURCHF: Intraday Bearish Signal?! 🇪🇺🇨🇭
EURCHF nicely reacted to a key intraday horizontal resistance.
The price formed an inverted cup & handle pattern on that
and violated its neckline with a bearish imbalance candle.
I think that the price may drop lower.
Next support - 0.9278
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EURAUD: Pullback From Resistance 🇪🇺 🇦🇺
EURAUD looks bearish after a test of a key daily resistance.
The price broke a support line of a rising wedge pattern and a neckline of a descending triangle on an hourly, confirming a local intraday bearish sentiment.
The pair may retrace to 1.632 level.
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CHFJPY: One More Buying Opportunity 🇨🇭🇯🇵
One more buying opportunity for today is on CHFJPY pair.
After a test of key daily support, the price formed an ascending
triangle pattern on an hourly.
We see a positive bullish reaction of the price after a breakout of its neckline.
The pair may reach 169.45 level soon.
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CADJPY: Pullback Trade From Key Level 🇨🇦🇯🇵
One more pair that looks nice for buying from a key support is CADJPY.
After a test of a significant daily structure, the price formed a cup & handle pattern.
Bullish breakout of its neckline is a strong bullish confirmation.
Chances are high that the pair will continue rising and reach 108.52 level soon.
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NZDUSD: Correction Continues 🇳🇿🇺🇸
NZDUSD continues correction after quite an extended bearish movement.
The price perfectly respected a key daily horizontal support.
After a consolidation within a range on that, the pair violated its resistance.
We can expect more growth now at least to 0.5909
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GBPCHF: Bearish Move After Breakout 🇬🇧🇨🇭
GBPCHF looks bearish after a retest of a recently broken horizontal support.
The price formed a double top on that and then continued falling with
a high momentum bearish candle.
I believe that the pair will reach 1.118 / 1.117 levels soon.
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EURCHF: Pullback From Support 🇪🇺🇨🇭
EURCHF looks bullish after a test of an intraday/daily horizontal support.
A confirmation signal is a formation of a double bottom pattern with a nice bearish trap on that.
With a high probability, the price will go up to 0.9386
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GBPCAD: Bearish Move From Trend Line 🇬🇧🇨🇦
GBPCAD may drop from a solid falling trend line on a 4H.
After its test, the pair started to consolidate.
A strong bearish imbalance candle violated its support,
giving a strong bearish confirmation.
With a high probability, the price will reach at least 0.793
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NZDUSD: Bearish Movement From Resistance 🇳🇿🇺🇸
This morning, I shorted NZDUSD.
I was waiting for a bearish signal after a test of an intraday/daily horizontal resistance.
A double top pattern and a breakout of its neckline gave a strong signal to sell.
We can expect a bearish movement now.
Goals: 0.5982 / 0.5962
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EURUSD: Huge Gap Up Opening 🇪🇺🇺🇸
There is a huge gap up on EURUSD after the market opening.
The price reached a strong daily resistance.
I think that the gap will be filled soon.
I already see some signs of strength of the sellers on an hourly
with a formation of a double top pattern.
We can expect a bearish movement at least to 1.087.
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EURAUD: Bearish Setup Explained 🇪🇺 🇦🇺
EURAUD leaves multiple bearish clues after a test of a key daily resistance.
The price violated a support line of a rising wedge pattern
and formed a double top on an hourly.
With a high probability, we will see a retracement to 1.642525
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