EURCHF Evidence of a descending channel as price breaks out of a rectangle pattern is a testament to trading confluence. SUMMARY. Further price action confirmation to signal whether to join a bear market. Disclaimer: This analysis is for educational and
Read MoreEURCHF Conventionally an ascending triangle breaks out on the upside. However, one that occurs within a downtrend should be approached with caution. SUMMARY. Patiently wait and follow the price in the direction of the breakout. Disclaimer: This analysis is for educational
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EURCAD Breakout on the upside of a descending channel within an uptrend is a good continuation indicator of the 11 month uptrend. SUMMARY. Zooming in to a lower timeframe will give you a better position to time the entry to the
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GBPAUD Weekly pin bar forming at the near term resistance level is a potential bearish sign especially when followed by a confirmation candle. SUMMARY. Following bearish price action confirmation on a lower timeframe you may expect a price waterfall Disclaimer:
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AUDJPY An uptrend lasting the past 6 months has recently been punctuated by a rising triangle that has had a breakout on the upside that happened last week. SUMMARY. Confirmation of the breakout on lower time frames is ideal in joining the
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NZDCAD Looking at the double bottom formed by the recent price action, price rallied in the form of a rising channel slightly past the neckline after making the second bottom. Weeks later the channel broke out on the downside. SUMMARY. Ensuing
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EURCAD Breakout on the upside of a descending channel within an uptrend is a good continuation indicator of the 11 month uptrend. SUMMARY. Zooming in to a lower timeframe will give you a better position to time the entry to the
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