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GBP/USD forming a strong bearish harmonic pattern

Ucef Posted 29 Feb. as Analysis on GBP/USD, Target: 1.4137, Date: 1 von April, 12:00 GMT in #Technical analysis #GBP/USD #Resistance #Patterns #Setups #Levels #Support Line #Fibonacci Levels #Bearish Bias #Downward Channel #Channel Breakout

Daily Vision
The GBP/USD trend is bearish in daily time frame. Vital resistance is present at 1.3689 price level. In past few trading days, price has completed possible bearish impulse Wave-A and moved up.
Based on Elliott wave analysis, I now expect price action to print bullish Wave B. The trend is bearish and a good idea is to look for a sell trading chance to join the down trend after the end of bullish Wave B leg in current time frame or smaller time frame.
However, if bullish candlestick c…

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Order Flow Book Analysis and LIVE Trade Setups 22 May

doctortyby Veröffentlicht 22 May in #Live #Analysis #Fundamental #Technical #Trades #Book #Order #Flow #Setups

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Fakey Setup

Armands Veröffentlicht 11 Apr. in #Strategy #Setups #Fake Breakout

This is how it looks on the chart. It is not very widely known pattern, but it's very effective once You know how to use it. This is a variation of an inside bar setup. Before looking for this pattern there must be a support or resistance area, it is not valid signal if it is not at these areas. Ok, closer to the whole idea. First of all the inside bar has to form at support or resistance level. There can be more than one inside bar. Next thing that we would look for is a break below the low of…

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Setups for AUD CAD, CAD JPY

DaddyPapi Veröffentlicht 13 Dec. in #Trader's blog #Correlation #Signals #Setups #Weekly Range

AUD CAD

Aussie Canada (AUD CAD) has recently broken the Support of the Daily Chart´s Pennant, indicating the continuation of the bearish trend. This would be similar to the downtrends that have already taken place on the correlated pairs of AUD USD and AUD NZD.
Right now, the 4H Chart is moving sideways between Resistance and Support lines 0,9520 and 0.9490 and a break of this area will be a signal for me to sell. Target would be at the 0,9200 area just above major Support of 0,9167 formed on …

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GBP/USD forming a strong bearish harmonic pattern

Order Flow Book Analysis and LIVE Trade Setups 22 May

Fakey Setup

Setups for AUD CAD, CAD JPY

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