tntsunrise
Short

EURUSD 1H WEDGE SHORT

FX:EURUSD   Euro Fx/U.S. Dollar
4246 17 107
EURUSD             1H WEDGE SHORT
Breaks the wedge , Short the pull back
Comment: EUR did pull back to 1.1388
and now is 1.1117
200 pips +
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Hi Jack thanks for all your publications. I just have no idea of whats going on with EUR/USD. Is it going up or down maybe i just dont understand
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Thanks Jack.
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jack eurusd not pulling back can we entered now for short??
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Made a very weak attempt for a pull back at 1.1353; anyway shorted at 1.1344 after the news.
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hi Tnt,
you think it will pull back or it will continue down?
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Jack, why not go long to the level of the pullback and then go short?
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tntsunrise TOP Trendliner
you can long here. but question is: where is your SL? do you find a very strong support?
+2 Reply
What is the logic there?
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tntsunrise TOP Trendliner
logic is simple, break out an retest
+2 Reply
i agree, maybe also libre pattern at 1.139.....
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Hi Jack, does a pull back or always happen? What if it doesn't happen, meaning the price keep going down until it hits the target? or if the pull back does happen but not to the the backside of the support of the wedge. Do you still sell, without having a pullback, or do you stay away from the trade?
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Yassine Yassine
Thank you for your contribution by the way.
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good question , i am always confused about this too...
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not always happen. what if doesn't pull back, then just don't trade.
just ask your self a question: you want to sell low by chasing the price, or you prefer to sell high when it pulls back?
+4 Reply
i guess u left your order waiting for almost 15 days?
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You're saying a Pullback to 1.1388 after break the wedge?
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Could I know why you put RSI 7 on chart and sometime RSI 14?
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