We have a nice triangle pattern which broke a couple of hours ago, with a successful retest.
EMA100 on H4 acted as a resistance and price didn't manage to go higher.
Price also broke the daily pivot with a power candle, suggesting sellers are in control.
I sold @ 75.024 and will target the next fib level @ around 74.700 - 74.720.
Trade at your own risk.
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I am selling these pullbacks
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The bigger picture.
The trendline is valid to me since it has been tested at least 3 times. Expecting a drop in the next hours. In case it doesn't I will monitor my SL manually
Thank you for always updating your posts. It is really helpful to know what you are looking at and what you are thinking as things change. I appreciate you and your ideas