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Thursday, August 27, 2020

FCPO TRADING:146) DEEP GARTLEY POSSILBY MISSED

FCPO TRADING:146) DEEP GARTLEY POSSILBY MISSED

hi, this is haidojo trading and the number is 146...consolidation breeds advanced patterns...
for the bullish gartley pattern, buying range frm 2605-2560...Stop-loss below that range, 2550 maybe...tp 2685...no extended target...
as for what has happened today, the price missed 2605 by a few points and rebound...it eventually hit the tp 2685, closing to 2700 and reversed...most probably this trade was a miss...

higher resistance : 2750

immediate resistance : 2710

lower support : 2560-2605 the possible neckline for "head-and-shoulder"

WARNING!
RISK DISCLAIMER
: this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds…DON’T LOSE MONEY THAT YOU CANNOT AFFORD…any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!

**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**



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AUDUSD Short

AUDUSD Short

The AUDUSD should pull back. Good luck



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AUD/USD first post...

AUD/USD first post...

First post on AUD/USD on our page... hopefully a profitable one...

The Aussie and Kiwi are outpacing G10 peers, with the former probing resistance around 0.7250 vs its US counterpart in wake of Q2 Capex data showing a less steep decline than anticipated, while Aud/Usd is also deriving more upward momentum from the ongoing incremental strength in the YUAN that is now testing 6.8700 against the Greenback. Meanwhile, Nzd/Usd is eyeing 0.6650 next having established a firmer base above 0.6600 and gleaning some support from latest reports on the COVID-19 situation in Auckland as NZ’s Health Minister states that the outbreak is now relatively contained.

Feel free to drop us a message on any pairs/instruments you want us to analyse.

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