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Pricey_Action
Jul 21, 2021 12:06 AM

Trend line and Fakeout potention in EURUSD Short

EUR/USDOANDA

Description

The price is respecting its trend line. There is deceleration of the price due to the big demand on the left. The price need more power to continue its down trend by taking the fuel in the trend line. The institution traders need liquidity so the price will break the trend line to eat stop loss of retails.
You can get into the market by waiting confirmation with pin bar or engulfing candle in the trend line.
Comments
Cliffsimp
Love this! Do you have a target?
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