Just based on my overall bias on the DXY, I think the Euro is staging a possible bullish move, And just on a chart pattern perspective, This looks like a bullish pennant. Let's see how it goes.
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These are the signs...
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Watch the market's behavior around the shown area before entering a position. There could be a liquidity sweep or an actual price drop.
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Price broke out of the channel to the downside, if there's no follow up from sellers then it would be a good signal to buy, given a confirmation of course.
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There it goes...
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Higher...
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Buy the dip is my approach on this...
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Bulls in charge...
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Stopped out...
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Few months later, after a few early and failed entries, here we are.
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