Is a triangle pattern
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LIVE Trades Only : EURUSD & GBPUSD 122 replies
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DislikedBased on all the indicators and my opinion, I believe we'll have a 100% bull day from start to finish as I think yesterday was just a big accumulation for longs. Let's see if that unfolds, still long {image}Ignored
DislikedIn the last hour of the NY stock exchange it went steadily down to 1.2174 = NY close price, daily pivot today at 1.2177. So i will buy only below 1.2174.Ignored
DislikedGood Day, all. Nice to meet everyone here. Here's my take on EU today. Technically, price reaching the Support zone 1.2150-1.2180. Major trend is still uptrend. Fundamentally, USD is still weak from last week's NFP result, besides the US10Y is on the lower side. Although, the unemployment rate and Avg hrly earnings are positive. Need to be careful about sentiment on this week's US Inflation and ECB meeting too. SL: 1.2150 area TP: 1.2212 area {image}Ignored
I hope it helps
DislikedEither of two things is happening to market this week; Crooked banks are not in the market, and therefore retail traders are the ones doing back and forth responsive trading. EU made a move above yesterday high in early London, and then back off, this may be the crooked trying to lull retail to go long.Ignored
Disliked{quote} Would be nice if that happens today then you can earn another butter vanilla cookie... Just in case I am putting a pending buy limit order at 1.2180.. Stops should go at least a little below 1.2163..Ignored