Andrew’s Pitchfork breakout analysis EURJPY
Posted by Alex on
September 3, 2020
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Category: Blog, FX TRADING GUIDE
EURJPY has broken below the long-term uptrend Pitchfork channel On the monthly EURJPY chart, we can see that the pair has broken below the uptrend long-term Andrew’s Pitchfork channel and is now retesting the broken channel line 125.60 where we are seeing the rejection. We saw a perfect bounce
Elliott Wave technical analysis with trading signals
Posted by Alex on
September 3, 2020
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Category: Blog, Elliot Wave trading analysis
Elliott Wave technical analysis with trading signals for NZDUSD, AUDUSD, USDJPY, DXY, EURUSD USDJPY USDJPY expanding flat within larger ABC flat is still running and it seems to be in a 2nd wave of the impulsive wave higher. This is indicating a 103 as the key support for the
Trade of the week USDSEK
Posted by Alex on
August 29, 2020
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Category: Blog
USDSEK testing the strong long-term support USDSEK probably the best proxy out there for the USD strength or a weakness is testing the long-term support confluence channel support and horizontal 8.6000. We are within a long-term uptrend channel with well-defined breakout levels. For the clear downside reversal continuation from
Andrew’s Pitchfork breakout analysis GBPAUD
Posted by Alex on
August 28, 2020
Comments Off on Andrew’s Pitchfork breakout analysis GBPAUD
Category: Blog, FX TRADING GUIDE
GBPAUD is retesting the broken long-term Pitchfork falling channel On the monthly GBPAUD chart, we can see that the pair has broken above the falling long-term downtrend Andrew’s Pitchfork channel and is now retesting the broken channel line. We saw a perfect bounce off 1.7640 for the upside breakout
Anatomy of the fall AUDUSD
Posted by Alex on
August 27, 2020
Comments Off on Anatomy of the fall AUDUSD
Category: Blog, FX TRADING GUIDE
AUDUSD new wave down is coming? AUDUSD is a trading school example of the trend trading (long-term downtrend) but also with painful multi-month consolidations which are testing the nerves of traders, building their patience, and influencing the styles for trading from range trading to trend trading. On a monthly
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