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Patternanalysis

GBPUSD - WEEKLY TRENDLINE BREAKOUTHello Traders, GBPUSD got to the point when it's making a bigger correction just after the Weekly Trendline been broken. What is that mean ? - It means that now we are waiting for a bigger confirmation pattern to form and once the pattern is finished, we will try to get in on the low and ride this beautiful big move to the upside. Probably its going to take the whole next week to form on the 4h timeframe, but while we are waiting for that, we can have a few short term trades. This is a very nice pattern so far, I don't see any signs for the downside. Keep this pair on your watchlist because it will have a lot of nice setups to buy. Will explain more about it in the WEEKLY OUTLOOK video that im doing Sunday Afternoon UK time. Trade Safe - Trade Simple Alex
by AlexTheSwiss
Salmar [SALM] Still consolidatingSalmar - Which is a Norwegian salmon company, has been consolidating in a roughly 15% price range the last weeks. Personally have I caught all but one of the ranges, and now it's back at the bottom so I thought I'd share it with you all. Price has been going back and forth from NOK - NOK for a good while now, And considering the world-wide population growth, and the world-wide love for Norwegian salmon (wink wink) I don't see any reason why they should fare worse in the near future. Currently long @ looking to sell @ - unless some unforseen news arrive.
OSL:SALMLong
by DonBboy
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