All informations on the chart, good luck if you take it!
Trade active
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Comment
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The week closed with a nice hammer, my confidence is growing on this trade, really looks like a short term reversal (to around .75)
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Today’s horrifying attack in Brussels will weight on GBP, now I would look for an upward breakout, I should buy it (if it happens probably this trade will be a loss).
i am in i agree with piet's analysis hoping for euro to fall by tonite (trendline broken and tested )
michaelakeju
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Hi Piet.
Very different approach to mine in terms of analysis but same conclusion.
I am short from a bit higher than you though.
Good luck and lets see what happens
best wishes
Piet.Hein
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I like it very much, we all can see different things on the chart and have the same conclusion, as much as see the same thing and have different opinions! hahahah very cool. Thanks, good luck and congrats for taking it higher :)
Piet.Hein
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thanks, good luck mate :)
marcus123
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I'm in too! One to one bearish on weekly;
Piet.Hein
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Lets make it! Good luck :)
kosai19
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In my opinion this is not bearish yet. It needs one more good down bar in order to be bearish. I think it's more likely to make one more "surprise" high before falling. I have a chart of the three drives pattern which I'll be looking for. I think it's a good sell after one last push higher.
Piet.Hein
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Nice mate, thanks for share your view, please if there is this pattern, when completed post here to keep me updated with your analysis.
IvanLabrie
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H&S are 80% of the time a trap in my experience, in FX.
Marvin
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I would have thought it would weigh more on the euro.