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Hey there,
as we can notice price is stagnating since some days at this 0.73 lvl. it already formed a top. if we take a quick look on support and resistance, we find very easily that this supply zone was rejected recently (by second time) with a bearish engulfing. in this case price should form the correction without waiting more. based on that bears took...
this is the trend continuation setup of the charts posted few hours ago in which it already flirted with the first Take Profit
. i'll take it as well but personally i'll just reduce my risk on this trade (0.5% rather than 2% since i have a limit of 2 trades per day and already did them). moving averages make a great indication to where the SL should be...
Seems like bearish momentum increasing, we should see eurusd at 1.10 very soon. We can already imagine the bulls sweating hate
honestly i dont like junk food except for cheat meal after a painful session of krav maga. but thats the taste of each one, you know.
plenty of burned account incoming, prepare your sodas and find bearish setups (there will be a lot...
Hey there,
Description of the setup:
bearish bat pattern:
-Point D located at psychological level of 3500
-Point D located at the 618 fib of entire extension
-About to form bearish engulfing
-Stochastic indicator is overbought
Configuration of the setup:
estimated winning rate: 85%
estimated Profit/Loss ratio: 1:7
SL: above 3577
entry: 3497
TP1:...