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EURJPY – Large triangle formation offers a downward bias

Ian Coleman Dec 7, 2018 250 0

Mixed trading for the last 42 (trading) days has resulted in a large symmetrical triangle being posted on the daily chart. This formation has a bias to break to the downside
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Trade Ideas

EURCHF – Reversal formations highlight a bullish bias

Ian Coleman Dec 4, 2018 293 0

Reverse Head and Shoulders forming. A break of 1.1356 and the measured move target is 1.1450
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Trade Ideas

AUDUSD – 261.8% extension level

Ian Coleman Oct 26, 2018 321 0

We have a 261.8% extension level at 0.7020 (from 0.7315-0.7202). The daily chart highlights bullish divergence (chart makes a lower low while the RSI makes a higher low). Often an indication of exhaustion. Buying into dips offer ample…
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