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Happy Pipping!

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Happy Pipping!

Jnwsk

Wave structure analysis. Happy Pipping!

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Lets see how the market reacts

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Facebook may be setting up for end of the year fix.

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Elliot wave in action

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USDCAD is in an ascending triangle formation on the daily chart. On the 4H Chart price will most likely move down to the 1.29000 level which will determine the breakout movement.

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Price is creating a good structure for a nice bull move after the ascending triangle has formed.

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Price has been wacky for GU. Now we can see the bigger picture. Trendline is being used as a dynamic resistance and one more move up to touch such resistance will confirm its move down to key level support.

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NZDUSD Formed a nice Head and Shoulders. Price broke through trendline. Waiting for a flag formation as retrace before considering a sell for move continuation.

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AUDUSD looks like it is aiming with another new high being created with the nice flag formation. Once formed there might be a beautiful double top for a nice signal for the bears.

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Price is setting up nicely just before major news announcements for the day.

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NZDUSD Wave Formation Possible Setup

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Price has touched the top of the forming wedge at 0.74460 average with the next anticipation of moving down back into range which presumably would be the support trendline of the rising wedge.

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A beautiful double top has formed on the 4H chart

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CADCHF Impulsive - Corrective - Waiting for Next Impulse?

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After some consolidation and break out of the channel we are to expect price to move down to next support level.

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Looks promising.