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Reply JohnnieMac Having difficulties a little bit with The EURCHF setup this 7 days could you look into my logic make sure you? The daily candle on 14/06 implies to me that its breaking towards the draw back, and the building candle over the 15th is really a weak retracement toward the flags trendline.
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Reply Steven was on the lookout for the lengthy to the POUND And that i trade daily so I watch for the near. No trade prolonged even so the failures you point out gave me a shorting opprotunity on break of monday lower. revenue at 13794 from open up at 1.3925. Using week off now
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You forex daily signals should be above my shoulder for the reason that These are my positions and very similar entry charges. Excellent on you! You probably entered all-around a consolidation location on Those people charts that may make it a momentum kind entry.
Robust momentum thrusts have the odds inside the favor of A different leg down (or up) right after a short consolidation or pullback. Do the screening over a big sample and you'll see that for being the case.
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USDCAD – I wrote over the setup chart the momentum in the pullback places Yet another brief in danger. 4 hour chart showed a perfect sophisticated pullback to secure a very long off with 109 pips to highs