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NZD/USD breaks the mid term bearish structure, dip buys in play

The Kiwi-Dollar bounced from the 0.7170 level and rallied about 79 pips to the previous key zone. We are trading the breakout of a falling wedge only if it breaks the previous highs. Should price not break the previous highs we should delete the pending order. Validation level: 0.7236 Invalidation level: 0.7219 Broker Benefits Min […]

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AUDNZD pulls back to key zone

The AN has rallied 4.11% (428 pips) from low to high since the move started back in December 2020. It has now fallen 1.50% or 165 pips to retest a previous key zone trading inside of a very structured move. Price has now made a higher high and higher low on the hourly breaking with […]

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EURCAD reverses at the previous base

Very simple sell-the-rally setup in the EURCAD. Price has rejected the previous key level or no trade zone. Should price break the lows (bottom of the no trade zone) we should be short for a retest of the lows of the structure.   Broker Benefits Min Deposit Score Visit Broker Award-winning Cryptocurrency trading platform $100 […]

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The footsie rejects massive level.

The FTSE has pullback 50% from the last leg up to retest the previous highs and the 6600 level which has been rejected. We are still trading inside of an immediate bearish structure but the bullish divergence detected points at the selling pressure drying up. Validation level: 6699 Invalidation level: 6600 Broker Benefits Min Deposit […]

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USDCAD rejects the 1.2600

Last week the USDCAD rejected the 1.2600 level and wee are looking for opportunities to go long. We are looking at a bounce of the weekly lows and a break above the POC of the volume of the entire move to the downside. We are targeting next key level to the upside. Clean and simple […]

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GBPNZD rejects the highs of the range

The GN rejected the 1.92 level and quickly dropped 250 pips and now is trading inside of a continuation pattern (triangle). Structurally speaking price is still trading inside of a bullish structure but the breakout of the continuation pattern (break of the lows) will bring sellers in and the immediate bullish structure will also break. […]

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EURUSD continues its down trend at the open

The EU is still trading in a very structured market and now is testing a big inflection point. We have retraced back 76.4% of the last wave down and we have hit the 127.2% retracement of the first wave up of the pullback. This fibonacci cluster confluences with a historic key level and the top […]

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Gold pullback ends at short term bullish targets.

**GOLD** Back in January 6th Gold broke with the mid term bullish structure started at the end of November 2020 on a 5 wave move (-8%) bottoming at around the 1800 level. Price has now pulled back around 50% or a negative 4% move to retest a previous base around the 1870 level. this level […]

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Ethereum falls 17% from all time highs

ETHUSD made all time highs 2 days ago and fell 17.45% to retest a key zone trading inside of a bearish structure. This bearish structure is consistent with a bull flag on an ABC pullback to reverse at the 1.272 of the BC wave. The Bitcoin sentix sentiment indicator is below 0 indicating a possible […]

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