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RSI: Overbought => Correction
ADX: Trend is getting stronger => good for Buyers
CCI: No Divergence
- EUR/USD reaching diagonal resistances from his . In normal cases they are pretty strong. And after such big movement in the days/weeks it will be even stronger so the market can correct! => Short
- The Zone where the Fibonacci Retr. is at 50% + Old Support + New Support
This Zone is a perfect place to rebuy when the market goes into a Correction. There it should find extremly good support.
On the other hand, because of this importance of this level, it is also possible to have big moves and even little gaps downside.
Happy Trading Bro's <3
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