Euro has seen a nice rally today but less than I have expected so far. EU is struggling around 1.0930 with a doji on the hour if it closes and RSI in overbought conditions. It is Monday so less volatility could explain why EU has found resistance early.
Comments
TheBulltrader
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just re-entered short again. Tight stop again
Adil-khan
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me too
TheBulltrader
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Its a constant struggle. I took another 10 pips. For now, I think I'mma sit on the sidelines
TheBulltrader
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Okay after all the craziness, I have a decent short with 20 pip stoploss which I already made scalping this trade twice. Holding it for the next few hours hopefully.
TheBulltrader
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EurUsd breaking upward flag pattern on 15-30 minutes. I'm Longing Eu to previous support 1.11. Risk =40 pips, Reward = 80 pips
ShaharyarZafar
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I think you should hold your short position. More probabilities of it headed downwards as for now
Adil-khan
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it is getting week for up we can see a short down what is your view on it
Adil-khan
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i agree
TheBulltrader
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update: Eur was down 40 pips and is straggling up slowly maybe to retest the high; I have my stoploss 12 pips in profit over the little retrace high on the 15 minutes.
TheBulltrader
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stoploss hit: + 15 Pips, time to look for a double top and price action and candlesticks (doji)