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GBPUSD continuation

Bearish: Currently we are @ 1.3009 in a range. We are looking for a continuation to the ATR target/range bottom @ 1.2943. The average daily true range (ATR) for the pair currently is 101 pips.

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Bearish: Currently we are @ 0.8660 in a possible false breakout and in a rising wedge which is bearish. IF we don’t bounce here, we are looking for a continuation to the ATR target of @ 0.8589. The average daily true range (ATR) for the pair currently is 64 pips.

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GBPUSD Triangle opportunity

Bearish: Currently we are @1.3071in a symmetrical triangle and trying to breakout. IF we do, we are looking for a continuation to the ATR target of @ 1.2991 and possibly a continuation to the range bottom @ 1.2979. The average daily true range (ATR) for the pair currently is 108 pips.

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GBPCHF Range opportunity

Currently we are @1.3146 in a range and trying to moving up. We are looking for a continuation to the ATR target of @ 1.3210 and then the question remains a break above to the 1.330. or a reversal back in the range. The average daily true range (ATR) for the pair currently is 114 pips.

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This is what I see in the Forex the week of April 14th , 2019:

Note: USDX is in a range. We are waiting. MACD is inconclusive at this time – just a little early but they have the start of a channel to the downside. Watch the reaction @ the 97.020 area for either a continuance or reversal as that is equilibrium. I will show both possibilities below. Be aware that this could change in a heartbeat and will affect the currencies below. ATR’s are all lower from last week.

$EURUSD

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GBPUSD breakout opportunity

Currently we are @1.3072 in a range and USDX moving up. We are looking for a breakout here and continuation to the ATR target of @ 1.2973. The average daily true range (ATR) for the pair currently is 114 pips.

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Possible Gartley on GJ

Just a heads up

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EURUSD channel opportunity

Currently we are @1.1279 in a range and a channel. We are looking for a continuation to the ATR target of @ 1.1316. The average daily true range (ATR) for the pair currently is 58 pips.

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AUDJPY Ranging opportunity

Currently we are @79.21. After this pullback, we are looking for a continuation to the ATR target of @ 78.74. The average daily true range (ATR) for the pair currently is 70 pips.

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This is what I see in the Forex the week of April 7th , 2019: USDX, EU,UJ,GU,AU

Note: USDX is in a range. We are waiting. We have divergence for the reversal and at a significant top. Watch the reaction @ the 98.28 area for either a continuance or reversal. Be aware that this could change in a heartbeat and will affect the currencies below. ATR’s are roughly the same as last week.

$EURUSD

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