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EUR/USD, GBP/USD Bounce or Break Setups at Resistance Zone (Analysis & Setups 12-13 Oct)

Posted On 12 Oct 2017
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Dear Traders,

the EUR/USD has reached a new critical decision zone at 1.1875 after multiple good long setups at 1.17 support. Reviews potential trade setups in short and long-term depending on a break or bounce.

The GBP/USD has also reached a key resistance zone that could either confirm or invlidate a wave 4 correction.

Analysis and trade plans discussed on 12 – 13 October 2017:

  • EUR/USD, GBP/USD technical analysis
  • Review of patterns, trends, key S&R levels
  • Explanation of potentrial trade ideas both up and down
  • Beginner friendly, explaining concepts in more detail

See the video below for all of the details

(more…)

Source:: EUR/USD, GBP/USD Bounce or Break Setups at Resistance Zone (Analysis & Setups 12-13 Oct)

About the Author
Elite CurrenSea (ECS), founded by Chris Svorcik & Nenad Kerkez, is an award-winning Forex, CFD & Cryptocurrency trading solution provider. [space height="20"] Nenad & Chris offer market analysis, free education and proprietary trading systems. Their combined trading experience of over 30 years helps them to navigate the markets applying their favourite Wave Analysis Theory (Chris Svorcik) and Camarilla Trading Method (Nenad Kerkez). [space height="20"] You can learn more about the service provider through their website HERE

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