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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Freeforextradingsignals
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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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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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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