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Reply JohnnieMac Battling a little bit While using the EURCHF setup this week could you look into my logic remember to? The daily candle on fourteen/06 suggests to me that its breaking towards the draw back, as well as building candle over the 15th is usually a weak retracement in direction of the flags trendline.
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I will state that when cost will make massive moves in relation to new historical past, I acquire income. You might normally keep track of price motion on decrease time frames and Serious weakness may very daily forex signals well be result in for problem. This really is an prolonged industry.
You must be in excess of my shoulder because People are my positions and equivalent entry prices. Great on you! You most likely entered all around a consolidation place on All those charts which often can make it a momentum style entry.
Reply JohnnieMac Fascinating set up on NZDUSD final week and this 7 days. Together with the probable short, the weekly charts counsel to me to go very long for an extended time frame (If i have the tolerance and nerve!) Many thanks as always on your Investigation.
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In truth we had a pullback on 4H and a breakout, a long bearish candle. then we experienced a pullback with momentum.
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