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PRO Trader and Trading Mentor With 6-Year Experience Trading Education & Technical Analysis This channel is made for beginners who want to learn, invest & understand FOREX. We will post the Forecast, and trading ideas. Contact - @Ask_linofx1
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#XAUUSD Sell Signal +40 pips Made
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#XAUUSD Buy Signal +40 pips Made
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#CADJPY: Intraday Bullish Move
We saw a breakout of daily horizontal resistance on πCADJPY.
Following this violation, the market initiated a correction within a contracting wedge pattern.
The violation of the wedge pattern's resistance line has re-established bullish market sentiment.
We anticipate that bullish price movement may continue today.
Our target is 116.94.
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Hourly time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
#NZDJPY: Important Bullish Breakout
The πNZDJPY pair successfully break above an important daily key resistance level today.
This broken resistance will now turn into a significant demand zone.
There is a strong likelihood that the price will continue to rise from this point, targeting the 94.80 resistance level.
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Daily time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
SILVER (#XAGUSD): Confirmed Change of Character
I see a confirmed change of character on πSILVER on the 4-hour timeframe.
While trading in a bullish trend, the market successfully breached the bullish trend, breaking below a significant horizontal support level.
It is highly probable that the market will continue to decline. The next target is 76.00.
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4H time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
#GBPNZD: Bearish Continuation After Breakout
The πGBPNZD appears to be showing bearish movement subsequent to retesting a recently broken daily/intraday key horizontal support level.
I see a symmetrical triangle pattern on an hourly timeframe and a breakout below its support line, which serves as confirmation.
It is highly probable that the price will continue its downward trajectory, potentially reaching at least 2.2830.
CRUDE OIL(#USOIL): Bearish Move From Trend Line
I see a test of a strong trend line on USOIL within an hourly timeframe.
The rapid growth ceased as the price neared that point, and the market started to consolidate
A bearish breakout of its support provide a strong confirmation for a selling opportunity.
I anticipate that the market will retrace to 82.00.
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Hourly time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
S&P500 (#US500): Another Gap to Trade Today
The β οΈUS500 opened with a gap down.
My signal to buy will be a bullish breakout of a minor intraday horizontal resistance.
A close of an hourly candle above 7100 would confirm a violation, and a bullish continuation would then be anticipated, at least to the 7122 level.
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Hourly time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
GOLD (#XAUUSD): Gap Opening Based Trade.
It is probable that GOLD will go up to fill the gap formed at market opening.
We anticipate the price will reach the 4,840 level in the near future.
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Hourly time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
BITCOIN (#BTCUSD): Road to 80k
IBitcoin has successfully completed a bullish accumulation phase within a significant ascending triangle pattern on the daily chart.
It appears highly probable that the market will continue its upward trend.
The next notable resistance cluster is located in the 80,675 - 82,289 range, and it is anticipated that this level will be reached soon.
#USDCHF: Strong Bearish Pattern
It appears there is a significant likelihood that the πUSDCHF pair will continue declining
This assessment is based on the formation of a head and shoulders pattern, which has emerged following a test of a crucial resistance level.
The subsequent breakout below its neckline further confirmed this bearish outlook.
Our target for this movement is 0.7810.
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4H/Hourly time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
#EURNZD: Your Plan to Buy
The β οΈEURNZD pair is currently consolidating on a significant daily/intraday horizontal support level.
To buy with confirmation, it would be advisable to wait for a bullish breakout of the underlined intraday horizontal resistance.
A 4-hour candle closing above 2.0002 would signify a confirmed violation.
Subsequently, a bullish movement towards the 2.060 level would be anticipated.
BITCOIN (#BTCUSD): Time For Pullback, Sell?
As you can see, πBITCOIN surged and reached a key daily resistance.
After the test of the underlined blue structure, the market started to consolidate
and formed a head and shoulders pattern on an hourly time frame.
Bearish breakout of its neckline is a strong bearish signal.
It indicates that the market may retrace from the resistance.
Goals: 73,097 - 72,455
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Daily/Hourly time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
Dollar Index (#DXY): High Chance for a Pullback
There is a strong likelihood that the πDollar Index will pullback from its critical daily support level.
The formation of a cup and handle pattern on the hourly timeframe provides strong confirmation of this outlook.
We anticipate a retracement to the 98.31 level.
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Daily/Hourly time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
#EURCAD: One More Wave Ahead?!
πEURCAD is positioned to continue its bullish trend, updating its highs.
A bullish breakout from the neckline of an ascending triangle pattern on a 4-hour timeframe provides a strong trend-following bullish signal.
There is a high probability that the price will soon reach the 1.6270 level.
#GBPUSD : Bullish Outlook Explained
Yesterday, GBPUSD successfully violated and closed above a significant daily structural resistance level.
After a the violation, the broken structure turned into support.
Analyzing the 4-hour timeframe, we see a distinct price consolidation occurring within a horizontal range.
A bullish violation of the resistance within this range serve as an important intraday bullish confirmation and sign of strength of the buyers.
We anticipate bullish continuation towards the subsequent resistance level at 1.3555.
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Daily/4H time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
SILVER (#XAGUSD) : Classic Gap Trade
There is a huge gap up opening on πSILVER
The price action shows a test of a key intraday support level, followed by the formation of a strong bullish imbalance candle and a minor ascending triangle pattern.
Based on these technical indicators, there is a high probability that the market will close the gap today.
Our target is set at 75.70.
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Hourly time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
