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mrsanto
Jun 9, 2016 2:37 PM

EURUSD BULLISH SETUP PART 2 Long

Euro Fx/U.S. DollarFXCM

Description

As you can see from the old post (related idea) we reached our 2 shark target.
Now the priced has retraced around 1.1307.
If the price reverse here there're good chances to reach 1.1620, if not it could reach 1.1200.
I'll be patinent and wait for a good signal to buy.

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If you want to take the risk you can try to buy above 1.1340 SL 1.1297
I will wait at least until this 4h candle to close.

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I entered a small long this morning at 1.1295 with tight SL at 1.1285
It must break at least 1.1340 then 1.1370 and finally 1.1420 to continue uptrend.

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let's look at this

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SL hitted for last small trade.

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facing WPP

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gave it another chance : new small buy 1.1282 - SL 1.1272
:)

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Ok triggered my new long at 1.1197 as initially planned

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Trades still active and in profit.
Yesterday fed didn't change rate as expected.

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POSSIBLE H&S forming on H4

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H&S failed

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we reached the bottom of the channel...

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if the price falls below 1.1100 we're probably going to see 1.0900
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