The 8H chart shows a bearish long term perspective. I'm already Short from the touch of that upper TL in the 8H chart and expecting a drop at least to the base of a triangle, wave channel, etc.
looking at the 1H chart, a bullish story is in play. Both analysis have indicated that Short I took around 1.409!
Let's see if the 50% line or the prior resistance level in the 1H chart show bounce. The price is at a possible support now too!
looking at the 1H chart, a bullish story is in play. Both analysis have indicated that Short I took around 1.409!
Let's see if the 50% line or the prior resistance level in the 1H chart show bounce. The price is at a possible support now too!
Note
Closed the Short for small profit but the Long trade is still open and well into profit, just moving the SL up; strong EUR!Note
after incredible run up, will it hold this lower line again?
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.