The price almost reached the 4th target of the 3rd bullish daily wave at 2.618 FIB extension around 13 900 and started a pullback on the daily chart. This pullback…
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FXCM dollar index bounced strong, closing with bullish engulfing on the weekly chart
Despite the strong bullish momentum from the last week and the closing with a bullish engulfing candle on the weekly chart, the price reached resistance, and we need further price…
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Tesla Inc. – broke below previous low, hint for a potential further decline in the price
Last week the price briefly broke below the previous low at 780.70 on the 4H chart. This break is a hint for a potential further decline in the shares of…
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S&P 500 – formed Head & Shoulders on the 4H chart and broke below the neckline
Looking at the 4H chart of the CDF, the price formed Head and Shoulders and broke below the neckline on Monday the 22 February when the futures market opened. This breaks…
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NASDAQ – formed Head and Shoulders and broke below the neckline
Looking at the 4H chart of the CDF, the price formed Head and Shoulders and broke below the neckline on Monday the 22 February when the futures market opened. This…
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Apple Inc. – formed potential Head and Shoulders on the daily chart
The price formed potential Head and Shoulders on the daily chart. Break below the neckline, below 126, will confirm the bearish run on the 4H chart. The first target of…
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EUR/USD – formed potential Head and Shoulders on the 4H chart
The price formed potential Head and Shoulders on the 4H chart, if we see a break above the resistance zone between 1.2170 – 1.2190 we will see further upside toward…
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DXY dollar index – broke below the bearish flag on the 4H chart
The price broke below the bearish flag on the 4H chart and formed Head and Shoulders on the 4H chart. If the price break below 89.92 we will see further…
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FXCM dollar index – broke below the bearish flag on the 4H chart
The price broke below the bearish flag on the 4H chart and below the neckline on the 4H Head and Shoulders, resuming the bearish monthly, weekly, daily trend. The first target…
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AUD/CHF – broke above previous high and an important resistance zone
The price broke above the previous high and an important resistance zone above 0.6950. The first target for this breakout is at 0.618 FIB extension around 0.7240, second target is…
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CAD/CHF – broke above an important resistance zone on the daily weekly chart
Last week the price broke above a resistance zone which has been holding the bulls since June 2020, the breakout was on both the weekly and the daily chart. The…
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GBP/CHF – broke 7 months range to the upside
Technical analysis – 7–13 February 2021 The price broke 6–7 months range to the upside on the weekly, daily charts and breaking descending triangle to the upside on the monthly…
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