The Swamp

Quoting gatorinla

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If the week does not close below 0667 to break the week trend. It may bounce to .0715R or 0743.. All looks bearish to me atm.. But if pa closes above 0631 and 0642(maybe a 1h close), it would lean slightly less toward down (short term only). In the short term. Yeah there is still R's it sits below. Atm its still above 0608. So the bears are not demanding a drop atm. The current low + 140 pips like the last rise. Could bring a test close to 0715/43

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Quoting gatorinla

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into a big S area {image} {image} {image}

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Quoting gatorinla

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Lets see if there is a pop on open. 0565 {image}

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Quoting gatorinla

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Not a good sign for a bounce.. the 1h 4h closed below 0557 and 64. But it if does get back above 564.. and holds.. first it may range to 636 R.. It could b/o there too 636. If the atm bottom did hold. adr may be 620 {image}

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Quoting gatorinla

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I dont want to long.. But will at 0517x..With a 10 pip stop.

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Quoting gatorinla

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I dont want to long.. But will at 0517x..With a 10 pip stop.

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Quoting gatorinla

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Thinking something like this.. Since its at 0565 the year R1 it may bounce. The year pp is 0920. So it may run 1/2 way to it. 1.0743 area. See chart for the st day b/o points. -0557.8 sustained below may be bearish, but bearish into a large support area. Sustained above 0636 may be bullish. Bullish in a downtrend. So it may stop at a decent R.. The month has a R at 0715.. Sideways may be contained by the current low and 0636.. I need to update this in an hour. If something changes. Yes it is bearish. So I want to short higher. {image}

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