the Bearish trend is still in full swing. As Long we are trading below 104 respective 103, the Chance for the illustrated H&S is given. The Max. TP of the H&S is corresponding to my main views tp2
Main View: Shortchance below 105?
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trendbreak in this tf
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retest of the broken trend watch the 102!
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first contact with the resistance Cluster was sold directly.. watch the possible h&s
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if h&s will be triggered, this could be a shortterm longsacalp - tp1 = 102,3
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if not -stay short :-9
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jihaaaa...reached min tp
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ok ok
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we are trading near the upper edge of the trend -rsi is overbought....Attention!
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and as always: don`t Forget to adjust your Initial sl to yoour entry or a bit higher... here an example...make your Position riskless!!
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this is the classical 1-2-3 sl-adjustment! Isn`t it nice?
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reached sl
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kenanseha
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I trust the analysis. 95 want :)
The_Cannalyst
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the requirement for this Szenario is the break of the 99
SinatraFX
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I have just found a similar target USDJPY short to 95.
The_Cannalyst
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like :-)
algomaspur
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do you mean short below 102 I'm confused.
The_Cannalyst
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first shorttrigegr was 102, yes....the next short-chance is below 101.25