DislikedCouldn't have said it better myself.
I've been 'forecasting' 1.38 all week just by looking at the longer term chart. Traders seem to forget theres more going on in the market than the '5 min'. EU ran for 1000 strong bullish ticks, with no retrace, and no one saw it. Traders were too busy calling tops.
Now that price has reached 1.38, I'm still looking for a push upwards to reach 1.40. Don't think retrace will happen until price makes 1.40 or near.
One retrace has happened, I believe price will fall all the way down to 1.30.
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