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Pounddollar

MYMENTORTV POUND/YEN ANALYSIS Good evening everyone So today the market appears to be align with hitting one of three tps presented in the picture. The reason for my trade was the following This market has hit the exterior trendline for pitchfork completed its fifth way up by the looks of it and making its way to one of the TPS Engulfing candle on 4 time frame and lower time frame : entry : lower close overall analysis I see this market going back to tp3 which is 135.160 level however if the market does not hit the median line on the pitchfork and retest and head south then this analysis is void and we have to do it all over again and see where this market wants to go/ the banks pushing this market where they want it to go. Feedback is always welcome and happy trading everyone Kris myMENTORtv
Short
by mymentortv
GBPAUD LongThe pound aussie has been closing down for several days in a row now after a fairly solid rally over the last month. Having slipped below the 200EMA on the 1H chart it is possible that we might see testing of the resistance around the 1.728 - 1.734 area. Rejection of this would signal good long entry with a short term target of the 1.763 resistance that held from July-Sep last year. Good for traders looking for a weekly swing trade. As always look for further confirmation and for entry timing.
Long
by chillipowered
$GBPUSD | Gwaves Detected | Short TradeHello Traders, As we continue down the never ending rabbit hole of Gwaves. We must pause and observe the effect it has on GBPUSD. As of now, it stays nestled above a key support level defined by the Gwave. However, a break and close below this level will send price to the next possible level of hesitation (the second highlighted level. A break below this level, in turn, will send price to its inevitable destination highlighted in green. The force behind this Gwave is strong. Don't miss it. Best, Sirak Babayan Facebook: www.facebook.com Twitter: twitter.com Stocktwits: stocktwits.com
Short
by GWaves
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