EURUSD

Quoting Js3mwtRc

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EU found support at 200 hour ma and now it will try to take out 0582. Above there it has some good chances to take out 0600 and move around 0623/43. Below 0484 it will look out to move at 0470/45 and 0400. In my subconscious (not anymore its getting more loud) is looking for its next attack up!

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Quoting Robinhood1

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Constantly improving system EU has 2 options. 1.- Continue climbing to make 3 waves on 5m tf 2.- Break low to make a divergence 4 wave and then go up on the 2h tf. This drop would take us around 100 pips down. I only enter when divergences occur so i am waiting. eurjpy has definitely bottomed and is up for 3 waves on 15m tf. I bought right at the bottom plus hold other positions in drawdown but certainly will make good profits. I still hold my gold long positions which also bottomed, same situation as eurjpy. its up on a 3 wave 5m tf and 2 wave...

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Quoting Js3mwtRc

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{quote} I was right, EU moved up further, but it will need more power if, it wants to get rid of 0555 and reach 0582. Now the only thing I can do is wait to see where this laggy price action will get price, up or down. Next week will be interesting with EU CPI in focus!

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Quoting PatienceFx

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{quote} Uchf sittng on mOnth 100 sma

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Quoting Robinhood1

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{quote} Gold just completed 1st wave up on 5m tf

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Quoting Robinhood1

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Constantly improving system EU has 2 options. 1.- Continue climbing to make 3 waves on 5m tf 2.- Break low to make a divergence 4 wave and then go up on the 2h tf. This drop would take us around 100 pips down. I only enter when divergences occur so i am waiting. eurjpy has definitely bottomed and is up for 3 waves on 15m tf. I bought right at the bottom plus hold other positions in drawdown but certainly will make good profits. I still hold my gold long positions which also bottomed, same situation as eurjpy. its up on a 3 wave 5m tf and 2 wave...

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Quoting PatienceFx

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{image}

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Quoting Robinhood1

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For those who are into waves, i have realized that through buying or selling pressure (manipulation or not), lows and highs can be slightly modified and that is why the waves give you the security of the direction.

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Quoting Robinhood1

Disliked

Constantly improving system EU has 2 options. 1.- Continue climbing to make 3 waves on 5m tf 2.- Break low to make a divergence 4 wave and then go up on the 2h tf. This drop would take us around 100 pips down. I only enter when divergences occur so i am waiting. eurjpy has definitely bottomed and is up for 3 waves on 15m tf. I bought right at the bottom plus hold other positions in drawdown but certainly will make good profits. I still hold my gold long positions which also bottomed, same situation as eurjpy. its up on a 3 wave 5m tf and 2 wave...

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