FX:EURUSD   Euro / U.S. Dollar
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EURUSD LONG TO RESISTANCE AREA

REASON FOR THE TRADE (TECHNICALLY):

1)ENDING OF THE DIAGONAL CORRECTIVE STRUCTURE
2)PREVIOUS SUPPORT/RESISTANCE AREA
3) MULTIPLE CONFLUENCES

BEST OF LUCK.
Feb 21
Trade active
Mar 01
Trade closed: stop reached
I opened two orders on this pair. First was at the 50% and then another at the .618%. In a draw down waiting game right now cause i was trigger happy. Same thoughts on this pair.
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paulDtrader MoneyEngineer
@MoneyEngineer, To be fair mate, those were good levels to look for longs. I opened a position at 50% as well, sl below .618 but clearly that wasn’t meant to be! lol
This setup seems sound to me though! Let’s see how it plays out.
Reply
MoneyEngineer paulDtrader
@paulDtrader, I cancelled my SL on my two positions and figured ill ride or die hahaha. It is starting the reverse at the .786 right now. If the bulls can bring this pair up i think itll be the last bull push. That will be 3 attempts to break resistance, might even qualify as a ABCDE. The massive drop is coming.
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same thoughts here, wish us luck!!
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paulDtrader stonejack0505
@stonejack0505, yes good luck all around :)
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stonejack0505 paulDtrader
@paulDtrader, It's good to have a PRO on the same side once a while
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