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タグ・フィルター:  Inverted H S
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EUR/GBP breaking above 0.8 again

Eur/Gbp seems to be ready to break above 0.8 again,
technically this is supported by signs on the weekly and on the daily chart
On the weekly chart we find that the 88.2% fibonacci retracement has acted as support
and the pair seems to have put in a low there,
this also provides us with a weekly trendline
Eur/Gbp weekly chart
On the daily chart we find a supportline/trendline as well as a daily bullish channel
in which the pair is currently situated,
we also can see an inverted Head and Shoulder…
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AdamFx42 avatar
AdamFx42 2014年09月03日

pattern has almost been cancelled but price is back at the neckline of the daily head and shoulders again
and the low of the top is not taken out, so pattern is still valid, as is target -
pair already knocking on the 0.8 door

AdamFx42 avatar
AdamFx42 2014年09月08日

Pair has now broken above 0.8, and should become support now

AdamFx42 avatar
AdamFx42 2014年09月11日

Fallen below 0.8 again due to Gbp strength - this can change again if Gbp weakens
because of Scottish referendum

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Gold Double Inverted H&S Bottom?


Since I start blogging I've been giving out my outlook on gold both short term and long term, outlining the main points of why we may soon start another bullish trend but at the same time being caution of the possibility that we may get another major swing low, below the psychological level $1000, before the resumption of the gold secular bull trend. Here you can find my previous blog posts about gold: …
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CommunitySupport avatar
CommunitySupport 2014年07月25日

good job, as usual ;)

Daytrader21 avatar
Daytrader21 2014年07月26日

CommunitySupport thanks

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PPandM 2014年07月28日

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Daytrader21 2014年07月28日

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PPandM 2014年07月28日

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