Daily candle chart

Quoting JhonMonsalve

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{quote} Let's see how weekly candle close and then I'll think about this month, weekly timeframe could give us more information, engulfing, then doji, confirmation candle? {image}

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Quoting Bones

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inverted hammer then hammer ? {image} {image}

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Quoting Olu

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GbpNzd {image}

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Quoting hussin naiji

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{quote}hi dear all {image}

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Quoting hussin naiji

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{quote} USDLFX have problem for a weekly close above line {image}

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Quoting JhonMonsalve

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{quote} Hi Hussin and all You forgot one of the most good setups in my book: Cadlfx, possible monthly shooting star What do you guys think? {image}

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Quoting Bones

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Hi Jhon I know your prob think im madder than a march hare ,but dont think that monthly can bring down cad ,lets see open early week , {quote} {image} {image}

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Quoting Bones

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inverted hammer then hammer ? {image} {image}

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Quoting JhonMonsalve

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{quote} Hi Tony! No worries about your analysis, you're not mad or something, you just are trusting your feeling, like you say: let's see the open early week. You know I was bullish on the Cad daily charts because of the inverted hammer, but that pattern was invalidated, so, I'm still bullish on daily, BUT we're going to test the 1.588x area, let's see what PA does around that area. {image}

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Quoting MrNow

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{quote} Range....I will keep out......or sell the top and buy the bottom

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Quoting JhonMonsalve

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{quote} Hi M! Daily didn't close like hammer. That would be a very bullish signal reversal, instead, daily candle close bearish.

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Quoting MrNow

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{quote} Hi J. I was talking about cadlfx: inverted hammer then hammer......

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Quoting JhonMonsalve

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{quote} Same here, Tony [Bones] posted the chart without daily candle close, the candle closed like an engulfing. look: {image}

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Quoting MrNow

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I do not see much on majors.....only on audusd, prices are down...and a continuation may be due, but the last bars is an outside bar showing indecision......next bar will give more clues probably....if it is a small bar at the top of this bar with close below the low.....would be good to short at least for a test of the new low.. {image}

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Quoting Bones

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Hi Mr Now how do you feel about gbp usd w1 ? {quote} {image}

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Quoting MrNow

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{quote} Hi Bones......Please do not trust me.... I think you mean GA.... Anyway.....on the weekly the doji shows indecision, shorting the top and buying the bottom could be an idea on a smaller TF, but only if PA indicates it....... On the daily a good short was below the last bull bar....prices broke above the cluttered dojis just above the latest low with two trend bar against the trend, a sell stop order triggered below one of those bar would indicate a continuation of the trend...... Gu is also weak, a good entry there would have been below...

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