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Mustafa

EURUSD longEURUSD seems to setting up for a long move in the next few days. - Price has been in a nice uptrend since 2nd october, and is just retesting the previous higher high. - Price is also using the 50ema in the 1 hour as a dynamic support. How I will enter: I will be waiting for price to push a little bit lower and form wicked candles. USDCAD is also approaching one of my resistance zones, if rejected price could potentially fall back down to the 1.32 - 1.18 region which will confirm this trade.
Education
by MustafaMuhammad
XAUUSD longInital consensus as posted earlier was XAUUSD will retest and price will fall short, however price did not follow my entry requirements so I did not enter the short position. Now price has broken the previous resistance zone and is consolidating sideways above it. How I will be entering: - I will be waiting for a candlestick that wicks down to the current zone that it just broke which will indicate a retest and rejection of that zone. - I will then wait for a nice bodied bullish candle to confirm the upwards move and will enter at the close of that candle.
FX:XAUUSDEducation
by MustafaMuhammad