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forexlye
Oct 19, 2016 10:58 AM

W43 Consolidating, Still down flow, retracement expected Long

Euro Fx/U.S. DollarFXCM

Description

Looks like the pair is consolidating, i.e. chances for a higher retracement might be possible. Long to higher level before looking for short

Trade closed: stop reached

Managed to get out most of my position nicely as it spikes. Left a 1/5 of position and was stopped out. Looks like I gonna miss the short.

Comments
x381966011250105
This is nice! I expect we are going to align with the levels 1.117, 1.123, 1.125 outlined earlier in Sept.-October! But maybe we are indeed going to play around for some time in your grey box down...
forexlye
:-)
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