The price has tested this level and is rejecting again forming a nice pattern. If this setup works the minimum target expected is 1.61 fib extension Best regards.
Comments
PriceActionTrading
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PriceActionTrading
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H&S H4. downwards afterward? to your target?
tcas
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In this situation I suspect moving up.
FullTimeTrader
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every point of view is respected but you must show your reasons (at least 3 reasons), im based on this D1 setup..
tcas
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1 economic in Europe is getting better, in Japan situation is worse.
2. I see impuls and correction
3. Bounce from 365 ema and 38 fib (high 08.12.2014 and low 14.04.2015) too weak and can be broken soon
Market will shows its way
alfa007
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133.07 is the key point for the movement and setup for H&S. I'll wait until its break the 133.07 support and short at the best price...
thanx for yor opinion.
FullTimeTrader
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Your entry is valid also, i prefer to enter at this level, have tested this setup many times.
best regards