thx.. i saw your euro setup... but i still belive 1.11 stop is more convient... as we have 200 sma at 1.111 but euro very likely can turn up from current figures as well. Yesterday daili candle was doji right at support.. I am expecting upside action next week..
newbie2016
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typo.. daily!
arif_awan
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Same here. there's clear divergence on H1 SMAs as well. SMA 200 didnt held in h4.. but look at SMA 50 in daily chart .
newbie2016
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For now euro getting resistance from 55 sma of 4hr chart.. and 200 sma is on daily close to 1.111
arif_awan
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yea i know more down pressure lets see
newbie2016
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euro will remain in tight consolidation.. only break of 1.11 will take it towards 1.10.. if 1.11 remains expect 1.137..
GROSSPROFIT
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newbie2016, ...and speaking of 'newbie'.., I am curious to know about your green and red lines that you have shading between them. May I ask what those two lines are ? Thank you, GrossProfit
newbie2016
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Hi, its ichimoku periods.. check this image with detail..