As I said in my last analysis, there are some bullish signals here. For the moment I am glad I waited and didn't short at breakout bellow 1.3600. I thought it would be a false breakout, and for the moment I avoided a loss. I really hope it will move higher....Did you go short?
When their assets are relatively cheap they drew EURO high. After selling those with high EU value, they are lowering EU value. Humm ...
angrybear168
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this is what it looks like on the daily
angrybear168
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this is where i would short the eurusd what do you think
lgiulian
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I'm curios how often did it happen for the market to move like this, retesting or respecting a h4/daily trend line in such a way?
angrybear168
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look at past price action, and the answer is all the time especially on daily
lgiulian
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I meant how often an analysis like this made on the most right of the chart it happens to be fulfilled in reality. In the past is easier to find patterns. I'm not asking maliciously. Just trying to find out from someone who's using this type of analysis... Thank you
angrybear168
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well u trade it if only if it happens(if price goes to the level you are looking for), if not u move on find the next set up... no one can predict the future or else we all be billionaires
lgiulian
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I understand. Your ideas are clear. Thanks for the explanation.
NQunlocked
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angrybear168, I think your target can easily be reached, however, I think we need to have daily/4hr closes above these 2 lines...wishing you good pips
angrybear168
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thanks bro but im not long i would sell eur there only