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USDCAD had been showing strength the past couple of days, almost nearing its EMA 800 with the hopes of re-testing it; however, due to its last market structure break for the descending channel which should have lead to a decent bullish run, it decided to consolidate even further, inevitably forming an ascending channel which is indicative of a bearish run. Should...

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With China banning some, if not all crypto transactions, the currencies have taken a huge hit and SHIBUSDT was not spared. Numerous patterns were tried and tested, be it bullish or the bearish type but only one could make it in the harmonic pattern, particularly Bullish Cypher due to the others' nature to make the currency negative (-) in value in the future....

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Seems like my very first analysis for AVAXUSDT has been spot on. Unfortunately, we did not anticipate this whipsaw to happen so soon but again, is understandable due to a lot of negative news for cryptocurrency. Be wary, 86 is a strong support but may falter down to 66. You can tranche buy to go long but I still believe this will go short but may just retest for...

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Be wary of the news for BTC. SHIB is highly affected and is currently undergoing a whipsaw. It will not be a surprise for it to go as low as .027 or even lower. Risk only what you can risk! Avoid the whipsaw at all costs since it may destroy your port. Disclaimer: This is for educational purposes only.

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With AU forming a double bottom, bulls are looking to outmaneuver the bears and go for a long here. We should be able to break first the .714 resistance then the 0.72 resistance to confirm a bull run. DXY is also supporting this possible retracement as seen in my chart here First exit: 0.71400 Only risk 1% of your port! Disclaimer: This is for educational...

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Here is an updated chart for AVAXUSDT. After seeing a bullish pennant, I decided to take profit already. Let us see first if this pennant will manifest or will its market structure move for consolidation to become a bullish flag. Disclaimer: This is for educational purposes only. I am not a guru nor am I a licensed financial analyst.

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Updated chart for XAUUSD. Should this be invalidated, previous chart will be followed. With the bullish pennant almost complete in the 4hr TF, gold should short down to 1740+ level to ensure a smooth transition to the 1900 levels. The pennant is almost complete and volume has started to increase with gold. Link to previous idea: Disclaimer: This is for...

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SHIBUSDT has been in Elliot Wave D, rather, it has formed a falling wedge and is showing strength for a large bull run, eyeing the target of 0.11 as its wave E. Will that be its faith or will it come crashing down? Its current price can act as its new major support should continuous sideways movement be observed. Disclaimer: This is for educational purposes...

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With AVAXUSDT finally reaching point E of the Elliot Wave, it should soon start the Elliot wave correction pattern. We are looking for a major dip at point C and current potential of going back to 100 value. So far, not much data can support since it is a new currency. Disclaimer: This is for educational purposes only. I am not a guru nor am I a licensed...

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Is GBPUSD finally going to be bullish? With the NFP coming up and its recent whipsaw movement due to the effect of Omicron globally, GBPUSD broke its major support and seems to strongly favor the bears; however, after numerous rejection to go down, it is finally showing signs of increase in volume so is it finally time for the bulls to shine? With a first TP area...

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With AUDUSD settled at its major support level, bulls are looking for a chance to break 0.722 levels; however, if we are to base what will happen from past data, bears may still overtake and short until 0.699. This is a bit of an indecisive play but with proper risk management, you can make your call. Additionally, looking at the stochastics, bulls are heavily...

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USDJPY is currently threading 113 levels but based on its support and resistance zone as well as the ascending channel and the fact that it had multiple rejections in an attempt to go long and re-challenge the 114 resistance zone, it should descend further down into an 112 flat value; however, this may not be the case so by using the concept of Darvas's box, by...

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Currently, gold is favoring shorting with 1770 breaking, there is possibility it will drop to 1758 or even as low as 1720, thus forming a double bottom before rallying up again and possibly hitting 1900 this time. Another scenario possible here is that 1758 will act as its best support then will re-test the "dashed" market structure plotted, hitting 1900...

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With EURUSD's descending channel almost done, we can expect a bullish run. The overall long term plan is to reach a level of 1.22 before a major correction would happen; however, using an Elliot Wave provides a more realistic approach and as seen in the chart, I have already plotted the TP areas both for correction and impulse. It should also be taken into...

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With this being relatively new, it seems as though that it will have the same movement as AVAXUSDT. Set your TP and CL. This is hopefully a swing trade so we can have a decent major correction soon. We are currently at point B of the Bullish Shark set-up (but this is highly susceptible to invalidation due to being a relatively new currency). Risk only 1% of your...

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As a fairly new currency, I am currently waiting if 118.57 will act as a good support but candle wise, I can see AVAX correcting down to 108. Should 108 break, I will be re-entering for another shorting down to 97 but should that break, expect to consolidate for as low as 50+ USD. My overall impression is that it will still go for a bull run but should...