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  • Tuesday 6 November 2018

    November Long Term Trade Opportunities

    We are in the last quarter of the Year in which we are having most setups being prepared for the upcoming year. we have done some Setups of some interesting breakouts that you should watch for the upcoming months till 2019.


    The Long Term falling wedge pattern has been broken on the upside confirming the start of a new Trend which is expected to reach the previous higher high.


    With the dollar losing strength from last week we have seen seen an improvement at all Dollar qoute pairs


    AudUsd had deeper losses at the end of October as price reached 0.70200 lows which we believe was the last way down as price has made a false break below the 0.79 fib level which will open a way for price to reach 0.79  which is likely to be our next long term sell entry.

    Sifiso Nkwanyana

    Author & Editor

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