Refer to my previous post with higher timeframe analysis below. There may be a little inverse head and shoulders pattern on the 15 minute chart forming.
Trade active
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I took a hedge position to see if this pans out.
Comment
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Breakeven stops as 1:1 attained.
Trade closed manually
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Had 2 entries. Closed one for 45 pips and the other for 53 pips. Great trade!
Beautiful! Ended up with entries at 149.173 and 149.248. Took one position off for 50 pips as it peaked it's head in the zone it just tested.
dlbsanborn
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Decision time.
dlbsanborn
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Strong hourly bullish candle carrying price back up to close above the zone. Price has just taken out the high of the previous 4hr candle. Stops at breakeven as we just achieved 1:1. Will be interested to see if we can break above that 149.55ish level, as well as the immediate trendline.
dlbsanborn
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Spike down could be a 4 hr candle liquidity wick to drive price higher off the profit targets. Until there’s a higher timeframe close below that zone it’s still valid to me.
dlbsanborn
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15 minute chart update. price is squeezing/consolidating. Zone is holding still. Various high impact news today so may not get much movement until news releases.