Why do you think it may break the upper trend line? There is plenty room for another down movement 4H timeframe) between the upper and lower trendlines. Just curious is all :-)
CryptocademyHQ
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@Glendooie, Because 0.7040/5 has been a factor since April of last year. Yesterday's close puts the pair back above this area.
halimbashery235
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@dailypriceaction, that is how they manipulate your mind, always trade what you see, not what you think of, they deliberately wanted you to think that way and that is how you believe on it, there is no other factor than mind manipulation and how to steal your money from the bank
Glendoonie
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@Glendooie, Duh, just reread my message. You didnt say it was going to break the upper trend line. It may become a sell at some point. But we have to estimate that point. 1.0583 for a POE? what do you think?
CryptocademyHQ
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@Glendooie, 1.0583? Wrong thread, maybe?
Glendoonie
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@Glendooie, 0.70515 as POE. but I had to make it a sell stop order.
CryptocademyHQ
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If the pair closes the day (5 pm EST) above the 0.7040/5 area, it's going to make it difficult for sellers to gain much traction. We'll see how things play out.
blicata
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@dailypriceaction, Currently waiting bull breakout