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AKSHAY MEWADA

India

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February 15

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Member since:	February 2, 2018
Last Visit:	March 28, 2018
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AUDUSD Approaching Major Support, Watch For The Bounce

AKSVIPUL6 Posted 28 Mar. in #AUD USD

AUDUSD 0.23% is fast approaching a really key support level where we expect a really strong bounce from.
Buy above 0.7639. Stop loss at 0.7577. Take profit at 0.7779.
Reason for the trading strategy (technically):
Price is fast approaching major support at 0.7639 ( Fibonacci retracement , horizontal swing low support, Fibonacci extension ) and we expect a strong bounce from this level to push prices up to major resistance at 0.777…

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NZD USD SHORT

AKSVIPUL6 Posted 27 Mar.

We're seeing NZDUSD test major resistance at 0.7274 ( Fibonacci retracement , Fibonacci extension , horizontal swing high resistance, bearish divergence) and a strong reaction could occur at this price to push price all the way down to major support at 0.7206 ( Fibonacci retracement , horizontal swing low support). We do have to be wary of intermediate support found at 0.7232 ( Fibonacci retracement , horizontal swing low support).
Stochastic (34,5,3) is seeing major resistance at 94% and also s…

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USDJPY Right On Major Support, Potential Bounce

AKSVIPUL6 Posted 22 Mar. in #USD JPY

USDJPY -0.16% is now testing major swing low support and could see a nice bounce from here.
Buy above 105.56. Stop loss at 104.84. Take profit at 107.88.
Reason for the trading strategy (technically):
Price is seeing strong support above 105.56 ( Fibonacci extension , horizontal swing low support) and a strong bounce could occur at this level to push prices up to next resistance at 107.88 ( Fibonacci retracement , horizontal swi…

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