We have a massive bearish engulfing weekly, and I expect a new lower low to be made.
Stops above last lower high in case we break the trendline
Trade safe traders, regards! ;)
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Reduced my position at .7720. We have new of Eurozone in a couple of hours and we have developed a triangle with the trendline and support at .7715 area. Keep an eye on this one if it breaks the trendline to the upside we might see a higher high or if we break to the downside we might see .75 area