USDCAD 4HR Analysis 👀

We had a clear rejection to the 61.8 fib. Therefore, this created a wave C which is also a new trendline. Because of the rejection, we have plenty of room for price to continue flying and potentially take out liquidity.

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Signal report 👇
This is our last 4 weeks of trading stats.

Week 1
6th may - 10th may
usdjpy +0.5r
gbpjpy +1.5r
gbpjpy +2r
Total: +4r

Week 2
13th may - 17th may
chfjpy +2r
audnzd +.5r
chfjpy -1r
eurjpy +2r
Total: +3.5r

Week 3
20th may - 24th may
gbpusd -1r
xauusd +1.5r
usdjpy +2r
usdcad +0.5r
usdcad -1r
Total: +2r

Week 4
27th may - 31st may
cadjpy +1r
gbpjpy +2r
gbpusd +1r
Total: +4r

After 4 weeks of trading and providing each SL and TPs, our result adds up +13.5r

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Analysis update on USDJPY 🔥

Ever since we drawn our analysis few weeks ago, price has moved up +350 pips.

Today is the first day of the week and it is also the best time to join to prevent missing out any trades ✅

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XAUUSD to drop? 📉

Are we in the middle of consolidation? Impulse correction impulse move?

We think it only makes sense to consider selling ONLY after Gold has reversed from C and broke through the channel trend.

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#Gold has dropped +150 pips since our first analysis 📉

Why did it drop? 👀
▪️Rejected wave C successfully
▪️Rejected strong resistance zone
▪️Retraced back to trendline

Finally it broke through trendline and dropped, it also came back for a retest and dropped again ✅

#AUDCHF Analysis 🧐

This is a clean setup where price has respected the 61.8% fib as well as our waves.
Here's how 👇

💠 When it comes to wave counts, the last wave always indicate the potential impulse move.

🌟Since the push from last wave E, it has created a strong bullish momentum and showing no signs of slowing down.

🤫 We predict it will continue flying atleast till the nearest resistance zone.

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AUDCAD is going to drop? 🥶

Should it meet our wave and trendline breakout, we think it will drop and here's why 👇

🕹 3 red arrows pointing our trendline is our liquidity and also our resistance. Price has failed to create new highs.

🕹 We think if it breaks our bottom trendline then it should create a impulse correction impulse move.

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The previous analysis for gold worked out perfectly for us 🤝

We are nearing completion of month June so these are probably the last stages of this analysis. ✅

It is recommended to use higher time-frame to see the next possible direction 👍

With higher time-frame, you will be able to easily recognise the next potential moves 😍

That's all I can say for now.

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Did you earn profits from #XAUUSD sells? 👀

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#XAUUSD Analysis 🤝

Price has failed to breakthrough the bottom trend in the entire month of June.

What does this mean for us?

With the ongoing war and potential WW3, Gold does not see any reason to drop anytime soon.

🐊 We can see it has failed to break the trend and rejected heavily with wave E.

🥶 It would be ideal to look for a long position after it has broken through the top trend line and given us confirmations.

👀 Shall we buy now? No. It's too soon and there's no confirmations.

But..when are you going to buy?

📕 In the Wave group, we will send a BUY SIGNAL for members only.

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#EURUSD Analysis 🐺

Once you understand that the market is not random but a certain order that can be explained logically. Your view of the market will never be the same.

There are two strong reasons why EU has potential to drop further lows.

🎈Price has broken the high trendline counting that as wave 4 meaning wave 5 should be way lower.

🔌 Another strategy would be simple support and resistance zones. We can count top blue line as a resistance line where it has made a fakeout.

🧸 Since then, multiple bearish candles were created suggesting the start of bearish runs.

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Yesterday's trade: #USDCAD +2RR ✅

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🚨 SIGNAL REPORT 🚨

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