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Commercial Member
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Joined Nov 2007
|1,296 Posts
Price retested the right tip the third time. price seems to be trading inside a triangle. Hopefully , we see a retest of the support to fill target1 before the break out.
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Commercial Member
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Joined Nov 2007
|1,296 Posts
Price is finding it hard to break 1.6000. we have moved stop to 1.6080 that should give enough room for price to swing before the anticipated break south.
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sequel to the last analysis posted, it should be noted that price is gradually climbing to 1.3720-50 region to form a right tip of the bearish crown. entry should be confirmed with bearish candlestick reversal pattern on 4hr TF.