Showboi-fx

Showboi-fx Updated 

market is currently bullish as we have seen a flag breakout on the daily timeframe currently we have pullback but can the level hold or not

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we are currently bearish as we can see a supply zone and trendline and key zone and also Fibonacci in confluence indicating bearish once we get our confirmation for sells we also watch out for minor levels that can hold it from not selling

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gbpusd approaching a supply zone and key zone in which confluences are stating bearish although we should be careful of the sells cause of the monthly demand zone we hit and possible morning star

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audusd have put in a willis zone setup but also a fourth touch of the trendline although we should be careful of the sells cause of monthly demand zone

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Euros is currently in a downtrend as we can see a wedge pattern formation on the weekly timeframe in confluence with Fibonacci and a supply zone once the level hold we can see further downside

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we are currently in a downtrend as we can see a bearish momentum in confluences with trendline and Fibonacci and double top indicating bearish bias

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market have currently hit a 50/50 level once we start breaking lower we should see gold drop to 1800 or we can stall at the support zone and start trending to the upside

Showboi-fx

Market is currently bullish as we can see on the current price action market is respecting the trendline and a possible continuation chart pattern once it break above we can see market keep projecting higher

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eurusd has invalidated the weekly equal highs and has broke out to the upside we anticipating a pullback into the trendline fib and trendline for all edge to be in place then once entry trigger has been found we pull the buy trade

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dxy has broken and invalidated the equal low so we now in a bearish trend as we can see the clear breakout as long put in this bearish projection we heading down to 94 target

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usoil third touch of the trendline and overall bullish trend

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audusd will need to brak the current minor support that holding for further sells all the way down to the first level target

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Gold is currently holding a major trendline i would need to see a clear break for more sells to come and take place if not we canbounce from there as there is a possible third touch holding

Showboi-fx

gbpusd is currently testing the fib level and minor level on the monthly timeframe and a breakout has occur on weekly timeframe now we shall be waiting for further confirmation on the weekly to determine either gbpusd breakout was a false breakout or a trend reversal all the way to the upside 50:50 at the region

Showboi-fx

Price is still overall bullish and we can see very clearly a push to 4800 is imminent

Showboi-fx

Gbpusd has broken a major trendline and a minor level and given a bullish engulfing candle I am seeing a 640 pips movement to the upside on gbpusd to 1.34000