motleifaul
Long

Last rise retraced

FX:EURUSD   Euro / U.S. Dollar
33 0 5
We are moving a bit sideward after the rise since yesterday. As it looks this level is holding. Thus I expect a renewal of the attempt to rise. Watch also the level of 1.13. If this is exceeded we may expect a substantial rise (cup with handle!)
I am taking aposition in advance now to be there when it goes ahead. Don't forget stops!
Trade closed: stop reached: I am closing this deal taking the opportunity of the upward correction to minimize the loss.
It is very dangerous to hope for a further rise without new signals as the setback was to expressive.
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