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JAG_Trader
Apr 3, 2018 6:52 AM

Possible movements within wedge, and waiting to create HCH 

Germany 30OANDA

Description

Possible movements within wedge, and waiting to create HCH

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Comment

Graph 4H, movements inside the wedge (update) ..... after the rebound that took the price to levels of 12330, now we see the possibility of setbacks to close the week.

Comment

Graphic 4H, mov. inside the wedge (update) ..... the two immediate movements were executed but the rise extended to the border of the wedge just at 12337, now if it breaks this level we could go straight to complete the shoulder at 12670 ..

Trade active

the price is officially outside the wedge, now we would expect setbacks as theoretical limits the roof of the wedge serving as support in the 12240, to continue upwards, the recording that we have pending today of Mario Draghi, maintain good management of cap.

Comment

The main analysis executed masterfully, the price stopped less than 20 pips from the expected target 12670, now the second shoulder. Waiting for high volatilities in the daily chart within the range 12450 to 12870

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