fahadidrees92

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Technical analysis of USDCAD using Dow Theory indicates a bullish trend. Market entry at current price is supported by upward momentum and trendline. Analyzing key indicators and chart patterns suggests a potential uptrend, aligning with Dow Theory principles. Traders may consider a long position, mindful of risk management strategies.

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Choosing a bearish stance aligned with Bullish Divergence and a positive sentiment, the strategy incorporates the AB=CD harmonic Reversal Pattern and anticipates a potential upside breakout from a Symmetric triangle. The detailed trade plan includes a Buy Stop at 0.93350, Stop Loss at 0.92700, TP1 at 0.93950, TP2 at 0.94600, maintaining a disciplined 1% risk per trade.

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The technical analysis signals a bullish market trend, reinforced by bullish divergence and a bullish continuation pattern, specifically a Bullish Flag. Harmonic analysis identifies an AB=CD pattern, further supporting the bullish bias. In this scenario, the overall market sentiment is positive (bullish), prompting a recommendation for an instant buy at the...

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AUDNZD exhibits a bullish bias, supported by a bullish Crab pattern and bullish divergence. The scenario suggests taking a long position upon a breakout. Traders may await a price movement above key resistance levels for potential entry, emphasizing the importance of risk management and adapting to changing market conditions.

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GBPCHF shows a bullish trend, but with bearish divergence and a rising wedge reversal pattern, suggesting potential downside. The bias is bearish, supported by a sell stop entry strategy on breakout of higher lows. Market sentiment leans strongly bearish at 91%. Manage your risk

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The technical analysis for AUDUSD suggests a bullish trend, supported by bullish divergence and a continuation pattern in the form of a bullish flag. Additionally, a Head and Shoulder reversal pattern indicates potential upward movement. The overall bias is bullish, recommending a Buy Stop Entry upon the breakout of the flag for a bullish scenario. Manage your risk

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Readjustment of last pending order. Anticipating a bearish move, targeting AUDUSD short position upon breakout from a rising wedge pattern. Caution advised, considering additional indicators and market news for comprehensive analysis. Implement a risk management strategy to mitigate potential losses and optimize trade effectiveness.

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Trading AUD/USD, eyeing a rising wedge reversal pattern. Plan to enter on breakout but cautious. Considering overall market conditions, support/resistance, and noting bearish divergence in indicators. Essential: a solid risk management strategy. Stay vigilant, markets are unpredictable. Good luck with your trade! 📈🤞

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Identifying a potential bullish opportunity in EURAUD with the Gartley harmonic pattern. If it fails then probability of reversal is from 1.618 fib level. Considering a long entry upon confirmation of pattern completion. Vigilance is crucial; align this analysis with supplementary indicators and stay attuned to market developments. Employ a sound risk management...

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The AB=CD pattern is a harmonic pattern used in technical analysis, and it involves three legs or price swings. In the case of a bullish (long) AB=CD pattern, the market forms two equal legs (AB and CD), creating a potential buying opportunity. If you've identified an AB=CD pattern on the AUD/CHF (Australian Dollar/Swiss Franc) currency pair and it's signaling a...

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Ah, trading patterns, nice choice! The AB=CD pattern is a classic harmonic pattern used in technical analysis. If you're considering a short position based on a bearish AB=CD pattern, make sure to confirm it with other indicators or factors. Never hurts to double-check and stack the odds in your favor. What's your approach to risk management?

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Ah, the AB=CD pattern, a classic in harmonic trading! In the context of forex trading, the AB=CD pattern is a geometric price pattern that helps traders identify potential reversal points in the market. It's formed by four points, with equal time and price symmetry between the legs. If you're looking at the USDCAD pair and you've identified an AB=CD pattern, you...

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can take short position on breakout of higher low to be considered as trend reversal. Decline in momentum can be seen in RSI indicator.

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Long entry with Buy stop order on breakout, Double bottom or head and shoulder pattern can be seen before breakout. calculate risk before entry and manage risk with SL

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AUDUSD exhibits a classic head and shoulders pattern, suggesting a trend reversal. Consider entering a short position upon a confirmed breakout below the pattern's neckline. and set a stop-loss above the shoulder point to manage risk. Target potential resistance levels for profit-taking.

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The GBP/USD pair presents a compelling technical setup on the 4-hour chart, featuring a potential 1.27 AB=CD pattern. This pattern suggests an impending bullish move as price retraces around 127% of the initial leg. Furthermore, there's evidence of RSI divergence, where the price forms higher lows while the RSI indicator forms lower lows, indicating a potential...

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Printing LL and LH, Taking entry on Breakout of LL with sell stop order and calculated Risk.

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Identify the harmonic AB=CD pattern and bearish divergence on the Gold chart. Place a sell stop order . Set a stop loss for risk management. Target take profit levels based on technical analysis.