jogeek
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0Joined Jul 13, 2018
elliottwaves
fundamental
supportandresistance
trendanalysis
waveanalysis
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There are at least 3 moves we could consider. Those trades depend a lot on the reaction of the market. In order to be sure about this, you need to understand how the candles are formed in order to kind of predict if the candles will respect the trend line for example. this trade is to monitor
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I see a potential buy on AUDCAD , Trend line has been broken and it is doing a retest, It is aproaching a nice support zone It might go up where it is now or might go down, to secure the bag I am leaving a buy limit at 50% of Fibo Retracement from last impulse.
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Here I am explaining why I consider this is a very good opportunity to enter a buy on NZDJPY , hope it helps you to learn and make profits! Regards Jorge Munoz Vargas
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