Personal entry was 1.56574 Looking for bullish trend continuation overall. Filled some longs down here. 40 SL 280 TP long term targets.
Will be adjusting stop and profits along the way.
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chart was zoomed in. We broke a strong institutional zone of 1.55. Daily is still on an uptrend. 4 hour recent wick down picked up some demand from orders sitting. I am swing trader, so tight stop. If it breaks my stop, most likely we re-test 1.55. Otherwise, long term targets are 1.60 and 1.61 for 1.27 fib extension
hey sorry i dont get your idea..Just like that it will rise without any trendlines/or structure?
Kanweezy
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@pipsmeister, Sorry my chart was zoomed in. We broke a strong institutional zone of 1.55. Daily is still on an uptrend. 4 hour recent wick down picked up some demand from orders sitting.
I am swing trader, so tight stop. If it breaks my stop, most likely we re-test 1.55. Otherwise, long term targets are 1.60 and 1.61 for 1.27 fib extension
UnknownUnicorn11034840
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@Kanweezy, Hi great so you think its a bullish bias? I do see a cup and handle shape but not sure why price is reacting weridly. It should have shot up few days back to 1.58-1.59 at least