DislikedJust wanted to clarify in case it was misunderstood(since you wrote "agree").
Yes it made a BUOB, yes there's a channel / supportish stuff.
But I don't think it will rise much. (If it does and it makes a bearish setup - then I'll take a look again)
I think it will eventually lose that channel. I'm very pessimistic about anything carryish at the moment and EURGBP is pushing it's luck. The tide will eventually turn again I suspect. Currently not much to go on more than a feeling, but hey, everyone gets a guessIgnored
EURCHF is about to violate the BUOB's low. If it goes below it it's a goner. This is why it's a good idea to use "on break" orders if unsure. I personally wouldn't have placed a buy for the above reasons.
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Just wanted to post an update on USDJPY along the lines of "it pays to hold and be bold sometimes".
Still in the shorts from the original 117.xx BEOB. I made the trade my birthday present to myself and it worked out really well =)
I'm happy as it was to prove to myself I could trade a swing(and my own plans - which I've had trouble with in the past) properly.
Took a bit of profit from some of the lower entries, but really waiting to see whether the long term TL goes or not.
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Trust price. Know yourself.