- Wedge test, then fall - Daily Ichimoku - MavilimW
Sell: 0.7365 Stop: 0.7450 Limit: 0.71
It is not a trade signal or recommendation, just for price following.
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It tested the wedge. Based on the confirmations, it is possible to open a position.
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It is moving to the target. 0.72 is going to be a hard resistance. After breaking it, it will move to the target. When it reaches to the target, it will form an ABCD pattern. We can get the profit and open a buy position. Keep watching!
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It is still moving according to our plan. Lets keep an eye on 0.72. People with multiple pose can secure some profit.