FX:EURUSD   Euro Fx/U.S. Dollar
368 20 9
SHORT NOW @ 88.6%.
TRIPLE TOP FAILURE ON THE H4.
H4 SLIGHT BEARISH PIN BAR (THE 3RD OF TRIPLE TOP TO FAIL?)

STOP ABOVE 1.1467

TP1 TP2 LISTED.

H4
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Andyle
2 years ago
Nice. Im in short EJ also
+1 Reply
PriceActionTrading Andyle
2 years ago
Nice. EJ i couldnt find a nice confluence to short. the pysch round number 140.00 is one reason but i couldnt find another.
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+1 Reply
Andyle PriceActionTrading
2 years ago
I found a pin bar on W chart and price now retrace at 23.6%. IMO
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UPDATE 1 :
WILL IT BREAK THE D1 SLIGHTLY BEARISH BAR AND TUMBLE?
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nezyrinfx PriceActionTrading
2 years ago
that looks like ascending triangle already
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PriceActionTrading nezyrinfx
2 years ago
Indeed. With a D1 pin bar supporting downside. Just that, for how long?
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nezyrinfx PriceActionTrading
2 years ago
it tested the cradle symm triangle trendline support today. have long towards 1.1640 then 1.1860 but first it gotta break and close daily above 1.1450.
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PriceActionTrading nezyrinfx
2 years ago
Yes. If it closes above 1.1450 then the story is different.
for now, looks like W1 flag pattern to a bearish continuation. However W1 rsi not supporting this case.
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BoonOng PriceActionTrading
2 years ago
Sound like it. lots of inside bar for the next bang down.
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PriceActionTrading BoonOng
2 years ago
Correct Boonong. On the M1, it looks better.
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UPDATE 2 : TOOK HALF, BREAKEVEN THE REST.
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TRADE TAKEN OUT AT B/E. LOOKING TO RE ENTER AT HIGHER LEVELS, THE HIGHER THE MORE FAVOURABLE.
NOTE THIS MOVE UPWARDS IS MOST LIKELY TEMPORARILY, IT IS THE RESULT OF TRADES COVERING THEIR SHORTS.
THE REAL INSTITUTION SELL IS SOMEWHERE @ THE 88.6% - 100%.
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PAIR MOVED SHARPLY DOWN AFTER HITTING MY BE SL. FORGOING THIS PAIR ATM.
TRADE IS GOOD TO HOLD FOR THOSE WHO ARE STILL HOLDING THIS SHORT.
I AM STILL SHORT EURAUD, SL AT BE TOO.
SHORT GBPJPY, GBPCAD.
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nezyrinfx PriceActionTrading
2 years ago
Took Long then Short then Long back..haha..its ranging in the triangle..im looking forward for the topside breakout for this pair.
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PriceActionTrading nezyrinfx
2 years ago
Yea. Righ now just waiting for the triangle to show its hand. I will sell, though, on higher prices. W1 is showing flag correction pattern.
Price breach 1.1430 then we may change to neutral or buy.
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nezyrinfx PriceActionTrading
2 years ago
i would want to believe my gartley pattern on this pair is still valid as it still lingers around that 88.6% but that triangle making me furious that it will be a topside breakout.
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UPDATE :
RE ENTERED SHORT @ 1.1395 ON 60 PIPS SL.
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PriceActionTrading PriceActionTrading
2 years ago
UPDATE : TOOK BIT OF PROFIT @ 1.12670. LOOKING TO ADD @ BETTER PRICES.
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nezyrinfx PriceActionTrading
2 years ago
breakout at last...i will short at better price too..
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UPDATE : TOOK ALL PROFIT @ 1.1245. LOOKING TO RE ENTER SHORT AT HIGHER PRICES 1.1300 - 1.1340.
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