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  1. #231
    pedagoreng is offline Senior Member
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    GBP/USD: POUND BOUNCED FROM SSB’S

    Technical levels: support – 1.3250/80; resistance – 1.3340, 1. 3410.

    Trade recommendations:

    Buy — 1.3270; SL — 1.3250; TP1 — 1.3340; TP2 — 1.3410.
    Reason: narrowing bullish Ichimoku Cloud, but rising Senkou Span B; a dead cross of Tenkan-sen and Kijun-sen with the horizontal Tenkan-sen and Kijun-sen; the prices are reached the SSB’s support and bounced inside Cloud.


  2. #232
    pedagoreng is offline Senior Member
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    AUD/USD: AUSSIE MAY RETURN TO CLOUD

    Technical levels: support – 0.7800; resistance – 0.7880, 0.7900.

    Trade recommendations:

    Buy — 0.7820; SL — 0.7800; TP1 — 0.7880; TP2 — 0.7900.
    Reason: bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with falling lines; the prices are on the strong support on the daily timeframe.


  3. #233
    pedagoreng is offline Senior Member
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    EUR/USD: DEVELOPING "THREE BLACK CROWS"



    There's a bullish "Engulfing", which has been confirmed by the last "Three Methods" pattern. So, the 34 Moving Average is likely going to act as resistance in the short term. If a pullback from this line happens, we could have another decline soon.




    It's likely that there's a developing "Three Black Crows" pattern. If it confirms, bears are likely going to test the closest support area, which could be a departure point for an upward price movement towards the Moving Averages.

  4. #234
    pedagoreng is offline Senior Member
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    USD/JPY: "WINDOW" ACTING AS SUPPORT



    The "Window" is acting as support, so we've got an "Engulfing" pattern. Therefore, the market is likely going to reach the nearest resistance area pretty soon.



    There's a bearish "High Wave", which has been confirmed. So, the price is likely going to get support on the 55 Moving Average. If a pullback from this line happens, we could have just another bullish rally.

  5. #235
    pedagoreng is offline Senior Member
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    EUR/USD: ANOTHER PULLBACK FROM 0/8 MM LEVEL



    There's another pullback from 0/8 MM Level, so wave 4 may have been formed. Also, we've got a possible ending diagonal in wave [c] of 4. In this case, bulls are likely going to deliver an impulse in wave [i]. The main intraday target is 2/8 MM Level.



    -1/8 MM Level has acted as support, so we've got an upward impulse in wave (i). Moreover, wave (ii) is likely ended, so there's an opportunity to have another bullish impulse in wave (iii) of [iii] during the day.

  6. #236
    pedagoreng is offline Senior Member
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    EUR/USD: "THREE METHODS" PATTERN



    The last "High Wave" pattern led to an achievement of the 55 Moving Average, which acted as resistance. However, bulls are likely going to test the 89 Moving Average in the short term. If a pullback from this line happens little later on, we could have another decline.



    There's a "Three Methods" pattern, which pushed the price even higher, so the 144 MA has been broken. Meanwhile, there's an opportunity to have a downward correction towards the nearest support, which could be a departure point for just another bullish price movement.

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