I just went back to an older EU chart that i hadnt updated in a while and just noticed i had a Tl where it bottomed out on friday
interestng stuff!
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Ok so poking around we have this on the daily now,
4h view wide
4h view zoomed in
Break out and retest would be ideal for a long
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Been doing a lot of cloning this morning and i keep coming up with a 50% level in this zone or area we are in
50% levels are huge rejection levels
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Here is another clone with a level slightly below the one i just posted
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grendizer
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TL???????? OR TI??????????
grendizer
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from ur chart we have to go long(buy)
ishstar
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@grendizer, I would wait for confirmation, we have yet to see any real form of a rejection candle, if the daily close on friday had a 50 pip or so wick then yes id be long but as you can see looking at lower time frames we have no real rejection as of yet.