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VIDEO ANALYSIS & PROJECTED DECLINE TO FORM CONSOLIDATION SETUP ON THE EURO USD

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Based on the patterns formed so far on the Daily and 4 Hour Chart of this pair, we could be in the early stages of the formation of a Consolidation Setup that would be completed over the next few weeks. The next signal that would be needed to continue the formation of this setup would be a Bearish Engulfing Candlestick Signal or a Double Top Formation on the Daily Chart.  Based on what is known about the relationship between the Daily and 4 Hour Charts from my Manual, the pattern on the 4 Hour Chart that could lead to that Daily Chart Signal could come in the form of a Double Top Pattern on that time frame. Check out the graphs and the Video Analysis of this forecast below and then subscribe to receive the Trade Setup to take advantage of this and other similar setups in the next few days. VIDEO ANALYIS OF THE EURO USD EURO USD DAILY CHART AND PROJECTED CONSOLIDATION  EURO USD 4 HOUR CHART PROJECTED DOUBLE TOP FORMATIONS ...

2.0% GAIN ON GBP USD AS WE TOOK ADVANTAGE OF SHARP DOWNTREND

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This trade provided me and my Subscribers with a trading gain of 42 Pips and a Rate of Return of 2.0% on my Live Account as we took advantage of the strong downtrend of this pair over the last several days. As you will also see in the Video Analysis on my website ( swingtradingmentoring.com ) , this trade also helped to compensate for an initial loss on this pair earlier in the trend. With this trade, the Rate of Return since the Methodology started in February this year is now at 21.59%. Despite the initial loss and  assuming the next set of trades provide average returns of 4.0% each,  only 3 trades will be needed to hit the 30% target followed by just 5 to hit the 48% target!    TRADE SUMMARY AND RESULT RATE OF RETURN  FEBRUARY 1ST TO OCTOBER 24TH, 2018 12-MONTH RETURN TARGETS Assumes an Average Monthly Return of 7% over 12 Months. These are the targets to be hit every 2 Months. TRADING PLA...