Price is moving in a corrective structure and looks like it's been reversing from the upper bond of a wedge pattern. I will personally wait for another wave towards the lower bond of the pattern and there i will watch for a buy setup based on my strategy.
Eldrige
Thank u leadership
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DownUnder
Eldrige
very good call,
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Fxprotrader
DownUnder
Thank you..!
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DownUnder
Fxprotrader
now we are in some unclean water...
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Eldrige
Thank you my leader#
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DownUnder
any chance of break out from here ?
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Fxprotrader
DownUnder
The scenario most likely to happen is price to move down. In lower timeframe it's clear that it's consolidating, while we have a big MACD divergence.. But that's only my view.. I wish you good luck!
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richard363
agreed
and saw the converging lines indeed.
+1
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