considering that the range of upward price movements for today has run out of limits, it is natural for a correction to occur
Follow price direction
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Disliked{quote} Hi Guys, What makes this time round a bit different for me is that we have a 4hr close above 1.190000, with the 3rd try up. I remain long until my system tells me otherwise. Trade safe Cheers. {image}Ignored
DislikedSomething I always find interesting as an engineer for signal processing: the behaviour just like in control technology. A little thing called "step response":Ignored
DislikedLook at the gap.. Other traders are angry. Can they claim if their accounts got mc during the problem? {image}Ignored
DislikedI suspect that the market doesn't want the uptrend to continue, if the daily candle is a doji at the close of the market, there is a big suspicion that it doesn't really want an uptrend, less effort of demandIgnored
Dislikedlast chance for bulls to buy or game is over for uptrend ... so the last up movement is bull trapIgnored