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maxprofittrading

Price has created a HH. Expecting a pullback to the 1.0700 area of interest & support to hold up to go LONG.

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Price has touched on ascending trend line & SMA. Stochastic is indicating overbought conditions.

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Price has touched on descending trend line @ SMA. Stochastic is indicating oversold conditions.

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Price has retraced to key level at 107.00. Be waiting for a bearish reversal to go short.

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Price retraced to area of resistance. Failed to break through. Price has created a LH. Stochastic indicating over bought conditions

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Price is in an overall downtrend. It has created a LH at area of resistance & descending trend line. Be waiting for a bearish candle to close within the next hour to go short.

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Overall downtrend. Price reversed at descending trend line followed by a bearish candle.

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Waiting for price to retrace to key level & descending trend line

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Price has retraced to key support level. Price tried to break through on three occasions & was rejected. Bullish engulfing candle on 1H.

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Price has reached highs from the start of the year. Price has been rejected at this level once. Nice doji candle followed by bearish candle indicating another possible rejection. Stochastic is also indicating over bought conditions.

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Price is in an overall downtrend. Creating LH & LL’s. Will be waiting for a reversal from price action to enter a short trade.

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GBP/USD. 1H Price seems to be ranging. Doji formed at major support. Stochastic is indicating oversold conditions. Try and catch a few pips on the way back up.

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Be watching this pair closely. Price hit major resistance area & retraced to ascending trend line. Be watching for a reversal on trend line or break & retest of trend line.

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Price is very bullish. Positive news surrounding the Euro was released earlier. Price did retrace to major support area which also corresponded with ascending trend line. Price managed to hold at support.

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Price retraced back to ascending trend line. We had a doji formed around the 61.8 area on the fib. Stochastic is also indicating over bought condition.

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Price has broken above major resistance area. Be looking for a possible retest of this area as support & bullish a reversal to go long.

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NZDUSD. 1H. Price broke through resistance. Retested as support. Bullish Reversal.

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NZDUSD. 1H. Price broke through resistance. Retested as support. Bullish reversal.